Lender profile · HMDA 2023–2025
THE SUMMIT Federal Credit Union mortgage approval rates & lending data
THE SUMMIT Federal Credit Union decided 2,220 mortgage applications and funded 1,586 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% | 338 / 385 | 96% | $165K | 325 |
| Home improvement loans | 69% | 774 / 1,114 | 97% | $55K | 748 |
| Cash-out refinance | 81% | 63 / 78 | 90% | $125K | 57 |
| Refinance | 76% | 456 / 602 | 97% | $65K | 444 |
THE SUMMIT Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 74% | $65K | 2,220 | 1,586 |
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.