Corda Credit Union mortgage approval rate & lending review
Corda Credit Union decided 559 mortgage applications and funded 520 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Corda Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Corda Credit Union at a glance
Approval is 12.8 points above the 80.2% 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 | 99% | 262 / 265 | 100% | $165K | 262 |
| Cash-out refinance | 97% | 131 / 135 | 100% | $55K | 131 |
| Refinance | 73% | 86 / 118 | 100% | $65K | 86 |
| Investment property purchase | 100% | 27 / 27 | 100% | $125K | 27 |
Corda Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Iowa | 93% | $165K | 559 | 520 |
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 Corda Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Linn County, IA | Mortgage lenders | 99% | 236 | 233 |
| Linn County, IA | Cash-out refinance | 98% | 122 | 119 |
| Linn County, IA | Refinance | 72% | 103 | 74 |
| Linn County, IA | Investment property purchase | 100% | 25 | 25 |
| Johnson County, IA | Mortgage lenders | 100% | 20 | 20 |
The county markets where Corda Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Corda Credit Union
What is Corda Credit Union's mortgage approval rate?
Corda Credit Union approved 93.0% of the 559 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.8 points above the 80.2% national rate for the same mix of loan types.
How often do borrowers take the loan Corda Credit Union offers?
Borrowers accepted 100% of the loans Corda 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 Corda Credit Union make?
The typical home purchase mortgage loan Corda Credit Union made was $165K; across all loan types its typical loan ran from $55K to $165K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Corda Credit Union lend?
Corda Credit Union decided applications in 1 of the states Fat Boy Data covers, most of them in Iowa.
Can I apply to Corda Credit Union directly?
Yes. Corda 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 Corda 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 Corda Credit Union treats applications, then get a rate quote from the lender.