Lender profile · HMDA 2023–2025
Teachers Federal Credit Union mortgage approval rates & lending data
Teachers Federal Credit Union decided 5,174 mortgage applications and funded 4,478 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 | 95% | 1,101 / 1,161 | 96% | $415K | 1,053 |
| Home improvement loans | 85% | 78 / 92 | 94% | $145K | 73 |
| Cash-out refinance | 89% | 2,748 / 3,094 | 95% | $95K | 2,622 |
| Refinance | 93% | 576 / 617 | 97% | $105K | 558 |
| Investment property purchase | 88% | 97 / 110 | 98% | $345K | 95 |
| Investment cash-out refinance | 81% | 68 / 84 | 96% | $155K | 65 |
Teachers Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 91% | $95K | 4,246 | 3,676 |
| California | 96% | $915K | 296 | 275 |
| Florida | 85% | $275K | 236 | 193 |
| New Jersey | 87% | $65K | 83 | 70 |
| Texas | 92% | $405K | 50 | 44 |
| Pennsylvania | 86% | $165K | 43 | 36 |
| North Carolina | 95% | $475K | 38 | 36 |
| South Carolina | 70% | $65K | 27 | 18 |
| Connecticut | 70% | $185K | 20 | 13 |
| Washington | 95% | $1.02M | 19 | 18 |
| Arizona | 100% | $655K | 14 | 13 |
| Tennessee | 86% | $165K | 14 | 12 |
| Georgia | 82% | $255K | 11 | 8 |
| Ohio | 100% | $75K | 10 | 10 |
| Maryland | 88% | $225K | 8 | 7 |
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.