Covantage Credit Union mortgage approval rate & lending review
Covantage Credit Union decided 3,121 mortgage applications and funded 2,837 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Covantage Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Covantage Credit Union at a glance
Approval is 14.2 points above the 79.3% 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 | 97% | 1,122 / 1,159 | 97% | $195K | 1,086 |
| Cash-out refinance | 89% | 576 / 647 | 96% | $105K | 552 |
| Refinance | 91% | 933 / 1,020 | 98% | $65K | 913 |
| Investment property purchase | 98% | 157 / 160 | 100% | $175K | 157 |
| Investment cash-out refinance | 96% | 79 / 82 | 97% | $115K | 77 |
| Investment refinance | 100% | 42 / 42 | 100% | $125K | 42 |
Covantage Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Wisconsin | 94% | $105K | 2,893 | 2,635 |
| Illinois | 91% | $245K | 190 | 168 |
| Florida | 100% | $255K | 22 | 21 |
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 Covantage Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Marathon County, WI | Mortgage lenders | 96% | 707 | 662 |
| Marathon County, WI | Refinance | 92% | 645 | 586 |
| Marathon County, WI | Cash-out refinance | 90% | 467 | 402 |
| Brown County, WI | Mortgage lenders | 96% | 131 | 122 |
| Brown County, WI | Refinance | 93% | 115 | 106 |
| Outagamie County, WI | Mortgage lenders | 99% | 105 | 99 |
| Outagamie County, WI | Refinance | 93% | 95 | 86 |
| Winnebago County, WI | Mortgage lenders | 98% | 89 | 85 |
| Marathon County, WI | Investment property purchase | 99% | 67 | 66 |
| Brown County, WI | Cash-out refinance | 90% | 61 | 55 |
| Winnebago County, WI | Refinance | 83% | 54 | 44 |
| Outagamie County, WI | Cash-out refinance | 88% | 43 | 36 |
The county markets where Covantage Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Covantage Credit Union
What is Covantage Credit Union's mortgage approval rate?
Covantage Credit Union approved 93.5% of the 3,121 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 14.2 points above the 79.3% national rate for the same mix of loan types.
How often do borrowers take the loan Covantage Credit Union offers?
Borrowers accepted 97% of the loans Covantage 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 Covantage Credit Union make?
The typical home purchase mortgage loan Covantage Credit Union made was $195K; across all loan types its typical loan ran from $65K to $195K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Covantage Credit Union lend?
Covantage Credit Union decided applications in 7 of the states Fat Boy Data covers, most of them in Wisconsin, Illinois and Florida.
Can I apply to Covantage Credit Union directly?
Yes. Covantage Credit Union is a bank or credit union with 23 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Covantage 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 Covantage Credit Union treats applications, then get a rate quote from the lender.