Lender profile · HMDA 2023–2025
Marine Credit Union mortgage approval rates & lending data
Marine Credit Union decided 3,884 mortgage applications and funded 1,800 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 | 64% | 489 / 764 | 87% | $165K | 424 |
| Home improvement loans | 58% | 28 / 48 | 96% | $35K | 27 |
| Cash-out refinance | 52% | 1,298 / 2,508 | 84% | $85K | 1,094 |
| Refinance | 51% | 196 / 387 | 86% | $105K | 169 |
| Investment property purchase | 72% | 41 / 57 | 80% | $65K | 33 |
| Investment cash-out refinance | 49% | 50 / 102 | 88% | $75K | 44 |
Marine Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Wisconsin | 55% | $85K | 3,038 | 1,449 |
| Iowa | 52% | $65K | 628 | 264 |
| Illinois | 45% | $85K | 130 | 46 |
| Minnesota | 60% | $165K | 87 | 41 |
| Pennsylvania | 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.