Lender profile · HMDA 2023–2025
Black Hills Federal Credit Union mortgage approval rates & lending data
Black Hills Federal Credit Union decided 1,692 mortgage applications and funded 1,295 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 | 89% | 451 / 507 | 94% | $275K | 424 |
| Home improvement loans | 79% | 488 / 618 | 93% | $55K | 454 |
| Cash-out refinance | 69% | 102 / 147 | 95% | $235K | 97 |
| Refinance | 77% | 256 / 331 | 96% | $105K | 247 |
| Investment property purchase | 93% | 41 / 44 | 95% | $225K | 39 |
Black Hills Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| South Dakota | 81% | $105K | 1,620 | 1,244 |
| Montana | 62% | $85K | 29 | 16 |
| Arizona | 100% | $245K | 7 | 6 |
| Florida | 80% | $185K | 5 | 3 |
| Minnesota | 80% | $415K | 5 | 4 |
| Iowa | 75% | $105K | 4 | 3 |
| Nevada | 100% | $175K | 2 | 2 |
| North Dakota | 100% | $205K | 2 | 2 |
| Pennsylvania | 100% | $65K | 2 | 2 |
| Texas | 100% | $535K | 2 | 1 |
| Utah | 100% | $85K | 2 | 2 |
| Washington | 100% | $365K | 2 | 2 |
| Alabama | 100% | $265K | 1 | 1 |
| Arkansas | 100% | $75K | 1 | 1 |
| California | 100% | $165K | 1 | 1 |
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.