Allegacy Federal Credit Union mortgage approval rate & lending review
Allegacy Federal Credit Union decided 3,668 mortgage applications and funded 2,964 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Allegacy Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Allegacy Federal Credit Union at a glance
Approval is 9.1 points above the 72.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 89% | 583 / 653 | 98% | $275K | 572 |
| Home improvement loans | 78% | 1,111 / 1,423 | 99% | $85K | 1,100 |
| Cash-out refinance | 85% | 121 / 143 | 97% | $155K | 117 |
| Refinance | 83% | 1,100 / 1,331 | 99% | $105K | 1,085 |
| Investment property purchase | 93% | 57 / 61 | 100% | $175K | 57 |
Allegacy Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 82% | $105K | 3,201 | 2,601 |
| Georgia | 84% | $105K | 130 | 108 |
| South Carolina | 82% | $175K | 98 | 79 |
| Florida | 68% | $165K | 63 | 43 |
| New Jersey | 81% | $205K | 43 | 34 |
| Pennsylvania | 82% | $75K | 28 | 23 |
| Virginia | 84% | $155K | 25 | 21 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Allegacy Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Forsyth County, NC | Refinance | 84% | 626 | 517 |
| Forsyth County, NC | Home improvement loans | 77% | 632 | 481 |
| Forsyth County, NC | Mortgage lenders | 93% | 300 | 276 |
| Guilford County, NC | Refinance | 89% | 127 | 111 |
| Mecklenburg County, NC | Home improvement loans | 74% | 152 | 111 |
| Davidson County, NC | Refinance | 88% | 120 | 104 |
| Guilford County, NC | Home improvement loans | 78% | 127 | 99 |
| Davidson County, NC | Home improvement loans | 87% | 110 | 96 |
| Mecklenburg County, NC | Refinance | 75% | 117 | 87 |
| Forsyth County, NC | Cash-out refinance | 87% | 68 | 56 |
| Davidson County, NC | Mortgage lenders | 91% | 43 | 39 |
| Guilford County, NC | Mortgage lenders | 86% | 44 | 38 |
The county markets where Allegacy Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Allegacy Federal Credit Union
What is Allegacy Federal Credit Union's mortgage approval rate?
Allegacy Federal Credit Union approved 81.9% of the 3,668 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.1 points above the 72.8% national rate for the same mix of loan types.
How often do borrowers take the loan Allegacy Federal Credit Union offers?
Borrowers accepted 99% of the loans Allegacy Federal Credit Union approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Allegacy Federal Credit Union make?
The typical home improvement loan loan Allegacy Federal Credit Union made was $85K; across all loan types its typical loan ran from $85K to $275K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Allegacy Federal Credit Union lend?
Allegacy Federal Credit Union decided applications in 25 of the states Fat Boy Data covers, most of them in North Carolina, Georgia and South Carolina.
Can I apply to Allegacy Federal Credit Union directly?
Yes. Allegacy Federal Credit Union is a bank or credit union with 29 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Allegacy Federal Credit Union's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Allegacy Federal Credit Union treats applications, then get a rate quote from the lender.