Lender profile · HMDA 2023–2025
Dfcu Financial mortgage approval rates & lending data
Dfcu Financial decided 7,788 mortgage applications and funded 5,953 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 97% | 1,874 / 1,925 | 97% | $245K | 1,821 |
| Home improvement loans | 82% | 3,205 / 3,900 | 82% | $65K | 2,624 |
| Cash-out refinance | 93% | 420 / 450 | 98% | $145K | 410 |
| Refinance | 84% | 1,079 / 1,291 | 86% | $85K | 933 |
| Investment property purchase | 98% | 108 / 110 | 97% | $175K | 105 |
| Investment cash-out refinance | 83% | 29 / 35 | 97% | $115K | 28 |
| Investment home improvement | 36% | 20 / 56 | 65% | $85K | 13 |
Dfcu Financial lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 87% | $85K | 7,131 | 5,445 |
| Florida | 91% | $245K | 637 | 508 |
| Massachusetts | 0% | — | 4 | 0 |
| Arizona | 0% | — | 3 | 0 |
| Georgia | 0% | — | 2 | 0 |
| North Carolina | 0% | — | 2 | 0 |
| California | 0% | — | 1 | 0 |
| Connecticut | 0% | — | 1 | 0 |
| Missouri | 0% | — | 1 | 0 |
| Nevada | 0% | — | 1 | 0 |
| New Hampshire | 0% | — | 1 | 0 |
| New Mexico | 0% | — | 1 | 0 |
| New York | 0% | — | 1 | 0 |
| Ohio | 0% | — | 1 | 0 |
| Tennessee | 0% | — | 1 | 0 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.