BMI Federal Credit Union mortgage approval rate & lending review
BMI Federal Credit Union decided 783 mortgage applications and funded 722 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions BMI Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
BMI Federal Credit Union at a glance
Approval is 21.0 points above the 71.2% 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 | 96% | 188 / 195 | 100% | $295K | 188 |
| Home improvement loans | 90% | 410 / 454 | 100% | $75K | 410 |
| Refinance | 92% | 117 / 127 | 100% | $125K | 117 |
BMI Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Ohio | 92% | $75K | 766 | 705 |
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 BMI Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Franklin County, OH | Home improvement loans | 91% | 310 | 281 |
| Franklin County, OH | Refinance | 90% | 90 | 81 |
| Delaware County, OH | Home improvement loans | 89% | 83 | 74 |
| Delaware County, OH | Mortgage lenders | 98% | 41 | 40 |
| Licking County, OH | Home improvement loans | 100% | 22 | 22 |
| Delaware County, OH | Refinance | 100% | 20 | 20 |
| Fairfield County, OH | Home improvement loans | 82% | 22 | 18 |
The county markets where BMI Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about BMI Federal Credit Union
What is BMI Federal Credit Union's mortgage approval rate?
BMI Federal Credit Union approved 92.2% of the 783 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 21.0 points above the 71.2% national rate for the same mix of loan types.
How often do borrowers take the loan BMI Federal Credit Union offers?
Borrowers accepted 100% of the loans BMI 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 BMI Federal Credit Union make?
The typical home improvement loan loan BMI Federal Credit Union made was $75K; across all loan types its typical loan ran from $75K to $295K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does BMI Federal Credit Union lend?
BMI Federal Credit Union decided applications in 10 of the states Fat Boy Data covers, most of them in Ohio, Florida and Kentucky.
Can I apply to BMI Federal Credit Union directly?
Yes. BMI Federal Credit Union is a bank or credit union with 5 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show BMI 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 BMI Federal Credit Union treats applications, then get a rate quote from the lender.