Lender profile · HMDA 2023–2025
Desert Financial Credit Union mortgage approval rates & lending data
Desert Financial Credit Union decided 31,666 mortgage applications and funded 19,257 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 60% | 1,487 / 2,487 | 89% | $195K | 1,330 |
| Home improvement loans | 69% | 13,759 / 19,833 | 90% | $105K | 12,322 |
| Cash-out refinance | 46% | 231 / 499 | 100% | $235K | 230 |
| Refinance | 73% | 4,916 / 6,762 | 90% | $135K | 4,447 |
| Investment property purchase | 52% | 136 / 264 | 88% | $155K | 119 |
| Investment cash-out refinance | 32% | 12 / 38 | 83% | $135K | 10 |
| Investment refinance | 51% | 152 / 297 | 86% | $135K | 131 |
| Investment home improvement | 51% | 765 / 1,486 | 87% | $105K | 668 |
Desert Financial Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Arizona | 68% | $105K | 31,627 | 19,257 |
| California | 0% | — | 6 | 0 |
| Texas | 0% | — | 5 | 0 |
| Nevada | 0% | — | 3 | 0 |
| Utah | 0% | — | 3 | 0 |
| Colorado | 0% | — | 2 | 0 |
| Indiana | 0% | — | 2 | 0 |
| Kansas | 0% | — | 2 | 0 |
| Michigan | 50% | — | 2 | 0 |
| Arkansas | 0% | — | 1 | 0 |
| Connecticut | 0% | — | 1 | 0 |
| District of Columbia | 0% | — | 1 | 0 |
| Florida | 0% | — | 1 | 0 |
| Illinois | 0% | — | 1 | 0 |
| Massachusetts | 0% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.