Cobalt Credit Union mortgage approval rate & lending review
Cobalt Credit Union decided 1,213 mortgage applications and funded 1,032 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Cobalt Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Cobalt Credit Union at a glance
Approval is 11.5 points above the 74.5% 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 | 88% | 198 / 226 | 98% | $205K | 195 |
| Home improvement loans | 93% | 56 / 60 | 100% | $75K | 56 |
| Cash-out refinance | 85% | 467 / 550 | 98% | $75K | 460 |
| Refinance | 86% | 269 / 312 | 100% | $75K | 269 |
| Investment property purchase | 90% | 38 / 42 | 100% | $155K | 38 |
Cobalt Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Nebraska | 86% | $75K | 1,211 | 1,030 |
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 Cobalt Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Douglas County, NE | Cash-out refinance | 84% | 279 | 229 |
| Sarpy County, NE | Cash-out refinance | 86% | 242 | 204 |
| Sarpy County, NE | Refinance | 92% | 143 | 132 |
| Douglas County, NE | Refinance | 81% | 154 | 125 |
| Douglas County, NE | Mortgage lenders | 85% | 123 | 104 |
| Sarpy County, NE | Mortgage lenders | 92% | 95 | 86 |
| Douglas County, NE | Investment property purchase | 97% | 33 | 32 |
| Sarpy County, NE | Home improvement loans | 100% | 29 | 29 |
| Lancaster County, NE | Cash-out refinance | 93% | 29 | 27 |
| Douglas County, NE | Home improvement loans | 86% | 28 | 24 |
The county markets where Cobalt Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Cobalt Credit Union
What is Cobalt Credit Union's mortgage approval rate?
Cobalt Credit Union approved 86.0% of the 1,213 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.5 points above the 74.5% national rate for the same mix of loan types.
How often do borrowers take the loan Cobalt Credit Union offers?
Borrowers accepted 99% of the loans Cobalt Credit Union approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Cobalt Credit Union make?
The typical cash-out refinance loan Cobalt Credit Union made was $75K; across all loan types its typical loan ran from $75K to $205K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Cobalt Credit Union lend?
Cobalt Credit Union decided applications in 2 of the states Fat Boy Data covers, most of them in Nebraska and Iowa.
Can I apply to Cobalt Credit Union directly?
Yes. Cobalt Credit Union is a bank or credit union with 19 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Cobalt 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 Cobalt Credit Union treats applications, then get a rate quote from the lender.