Lender profile · HMDA 2023–2025
LOC Credit Union mortgage approval rates & lending data
LOC Credit Union decided 1,053 mortgage applications and funded 834 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 | 88% | 114 / 129 | 98% | $165K | 112 |
| Home improvement loans | 80% | 581 / 725 | 99% | $55K | 577 |
| Cash-out refinance | 72% | 29 / 40 | 93% | $155K | 27 |
| Refinance | 76% | 120 / 157 | 98% | $75K | 118 |
LOC Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 80% | $55K | 1,053 | 834 |
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.