Commonwealth Federal Credit Union mortgage approval rate & lending review
Commonwealth Federal Credit Union decided 1,623 mortgage applications and funded 1,194 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Commonwealth Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Commonwealth Federal Credit Union at a glance
Approval is 1.4 points above the 72.9% 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 | 72% | 249 / 344 | 98% | $215K | 243 |
| Home improvement loans | 70% | 442 / 635 | 100% | $65K | 442 |
| Cash-out refinance | 73% | 173 / 237 | 99% | $85K | 171 |
| Refinance | 66% | 73 / 110 | 99% | $195K | 72 |
| Investment property purchase | 95% | 95 / 100 | 99% | $185K | 94 |
| Investment refinance | 93% | 156 / 167 | 99% | $185K | 155 |
Commonwealth Federal Credit Union lending by state
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 Commonwealth Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Jefferson County, KY | Home improvement loans | 70% | 300 | 209 |
| Fayette County, KY | Home improvement loans | 72% | 271 | 195 |
| Fayette County, KY | Mortgage lenders | 80% | 151 | 117 |
| Jefferson County, KY | Mortgage lenders | 68% | 161 | 109 |
| Fayette County, KY | Cash-out refinance | 80% | 121 | 97 |
| Fayette County, KY | Investment refinance | 94% | 104 | 97 |
| Fayette County, KY | Investment property purchase | 97% | 76 | 73 |
| Jefferson County, KY | Cash-out refinance | 65% | 96 | 60 |
| Jefferson County, KY | Investment refinance | 92% | 61 | 56 |
| Fayette County, KY | Refinance | 73% | 49 | 35 |
| Jefferson County, KY | Refinance | 61% | 49 | 30 |
| Jefferson County, KY | Investment property purchase | 91% | 23 | 21 |
The county markets where Commonwealth Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Commonwealth Federal Credit Union
What is Commonwealth Federal Credit Union's mortgage approval rate?
Commonwealth Federal Credit Union approved 74.3% of the 1,623 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.4 points above the 72.9% national rate for the same mix of loan types.
How often do borrowers take the loan Commonwealth Federal Credit Union offers?
Borrowers accepted 99% of the loans Commonwealth 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 Commonwealth Federal Credit Union make?
The typical home improvement loan loan Commonwealth Federal Credit Union made was $65K; across all loan types its typical loan ran from $65K to $215K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Commonwealth Federal Credit Union lend?
Commonwealth Federal Credit Union decided applications in 13 of the states Fat Boy Data covers, most of them in Kentucky, Indiana and California.
Can I apply to Commonwealth Federal Credit Union directly?
Yes. Commonwealth Federal 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 Commonwealth 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 Commonwealth Federal Credit Union treats applications, then get a rate quote from the lender.