CPM Federal Credit Union mortgage approval rate & lending review
CPM Federal Credit Union decided 961 mortgage applications and funded 810 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions CPM Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
CPM Federal Credit Union at a glance
Approval is 14.4 points above the 70.8% 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 | 87% | 183 / 211 | 99% | $295K | 181 |
| Home improvement loans | 86% | 429 / 499 | 100% | $65K | 429 |
| Cash-out refinance | 78% | 90 / 115 | 98% | $215K | 88 |
| Refinance | 90% | 106 / 118 | 99% | $105K | 105 |
CPM Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| South Carolina | 86% | $65K | 918 | 778 |
| North Carolina | 85% | $475K | 20 | 16 |
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 CPM Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Greenville County, SC | Home improvement loans | 89% | 180 | 160 |
| Beaufort County, SC | Home improvement loans | 88% | 120 | 105 |
| Spartanburg County, SC | Home improvement loans | 85% | 107 | 91 |
| Beaufort County, SC | Mortgage lenders | 84% | 44 | 37 |
| Greenville County, SC | Refinance | 97% | 37 | 36 |
| Spartanburg County, SC | Refinance | 85% | 33 | 28 |
| Greenville County, SC | Cash-out refinance | 80% | 30 | 24 |
| Beaufort County, SC | Cash-out refinance | 76% | 29 | 21 |
| Anderson County, SC | Home improvement loans | 90% | 21 | 19 |
| Berkeley County, SC | Home improvement loans | 85% | 20 | 17 |
| Beaufort County, SC | Refinance | 85% | 20 | 16 |
| Charleston County, SC | Home improvement loans | 70% | 20 | 14 |
The county markets where CPM Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about CPM Federal Credit Union
What is CPM Federal Credit Union's mortgage approval rate?
CPM Federal Credit Union approved 85.2% of the 961 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 14.4 points above the 70.8% national rate for the same mix of loan types.
How often do borrowers take the loan CPM Federal Credit Union offers?
Borrowers accepted 99% of the loans CPM 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 CPM Federal Credit Union make?
The typical home improvement loan loan CPM Federal Credit Union made was $65K; across all loan types its typical loan ran from $65K to $295K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does CPM Federal Credit Union lend?
CPM Federal Credit Union decided applications in 11 of the states Fat Boy Data covers, most of them in South Carolina, North Carolina and Georgia.
Can I apply to CPM Federal Credit Union directly?
Yes. CPM Federal Credit Union is a bank or credit union with 11 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show CPM 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 CPM Federal Credit Union treats applications, then get a rate quote from the lender.