ALTRA Federal Credit Union mortgage approval rate & lending review
ALTRA Federal Credit Union decided 4,727 mortgage applications and funded 4,258 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions ALTRA Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
ALTRA Federal Credit Union at a glance
Approval is 15.8 points above the 76.8% 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 | 97% | 1,754 / 1,815 | 98% | $235K | 1,717 |
| Home improvement loans | 89% | 1,182 / 1,324 | 96% | $45K | 1,135 |
| Cash-out refinance | 98% | 105 / 107 | 100% | $205K | 105 |
| Refinance | 89% | 996 / 1,116 | 97% | $95K | 967 |
| Investment property purchase | 96% | 138 / 144 | 97% | $175K | 134 |
| Investment cash-out refinance | 96% | 128 / 134 | 99% | $155K | 127 |
| Investment refinance | 88% | 46 / 52 | 100% | $115K | 46 |
| Investment home improvement | 80% | 28 / 35 | 96% | $45K | 27 |
ALTRA Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Wisconsin | 96% | $175K | 2,699 | 2,526 |
| Texas | 84% | $205K | 779 | 630 |
| Tennessee | 90% | $185K | 629 | 554 |
| Minnesota | 93% | $305K | 449 | 406 |
| Florida | 90% | $285K | 40 | 34 |
| New Jersey | 84% | $55K | 38 | 31 |
| Colorado | 90% | $55K | 20 | 15 |
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 ALTRA Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| La Crosse County, WI | Mortgage lenders | 99% | 1,143 | 1,105 |
| La Crosse County, WI | Home improvement loans | 94% | 680 | 616 |
| La Crosse County, WI | Refinance | 93% | 589 | 529 |
| Montgomery County, TN | Home improvement loans | 90% | 219 | 193 |
| Olmsted County, MN | Mortgage lenders | 98% | 192 | 186 |
| Smith County, TX | Refinance | 83% | 216 | 172 |
| Smith County, TX | Mortgage lenders | 88% | 180 | 153 |
| Smith County, TX | Home improvement loans | 75% | 201 | 145 |
| Montgomery County, TN | Refinance | 90% | 155 | 138 |
| Montgomery County, TN | Mortgage lenders | 92% | 146 | 129 |
| Olmsted County, MN | Home improvement loans | 87% | 77 | 63 |
| La Crosse County, WI | Cash-out refinance | 100% | 60 | 60 |
The county markets where ALTRA Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about ALTRA Federal Credit Union
What is ALTRA Federal Credit Union's mortgage approval rate?
ALTRA Federal Credit Union approved 92.6% of the 4,727 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 15.8 points above the 76.8% national rate for the same mix of loan types.
How often do borrowers take the loan ALTRA Federal Credit Union offers?
Borrowers accepted 97% of the loans ALTRA Federal Credit Union approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does ALTRA Federal Credit Union make?
The typical home purchase mortgage loan ALTRA Federal Credit Union made was $235K; across all loan types its typical loan ran from $45K to $235K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does ALTRA Federal Credit Union lend?
ALTRA Federal Credit Union decided applications in 32 of the states Fat Boy Data covers, most of them in Wisconsin, Texas and Tennessee.
Can I apply to ALTRA Federal Credit Union directly?
Yes. ALTRA Federal Credit Union is a bank or credit union with 18 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show ALTRA 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 ALTRA Federal Credit Union treats applications, then get a rate quote from the lender.