Lender profile · HMDA 2023–2025
L & N Federal Credit Union mortgage approval rates & lending data
L & N Federal Credit Union decided 1,742 mortgage applications and funded 1,551 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 | 97% | 479 / 495 | 97% | $215K | 463 |
| Home improvement loans | 93% | 295 / 316 | 98% | $55K | 288 |
| Cash-out refinance | 84% | 247 / 295 | 96% | $75K | 237 |
| Refinance | 91% | 530 / 585 | 98% | $65K | 520 |
| Investment property purchase | 92% | 23 / 25 | 96% | $155K | 22 |
L & N Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Kentucky | 91% | $65K | 1,550 | 1,379 |
| Indiana | 93% | $55K | 162 | 144 |
| Ohio | 95% | $55K | 21 | 20 |
| Tennessee | 100% | $145K | 3 | 3 |
| South Carolina | 100% | $305K | 2 | 2 |
| Florida | 100% | — | 1 | 0 |
| New Jersey | 100% | $885K | 1 | 1 |
| North Carolina | 100% | $425K | 1 | 1 |
| Utah | 100% | $1.21M | 1 | 1 |
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.