Direct Federal Credit Union mortgage approval rate & lending review
Direct Federal Credit Union decided 1,014 mortgage applications and funded 721 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Direct Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Direct Federal Credit Union at a glance
Approval is 5.3 points above the 67.2% 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 | 90% | 46 / 51 | 100% | $475K | 46 |
| Home improvement loans | 71% | 453 / 640 | 98% | $205K | 443 |
| Cash-out refinance | 60% | 21 / 35 | 100% | $365K | 21 |
| Refinance | 79% | 175 / 221 | 98% | $245K | 172 |
| Investment home improvement | 40% | 16 / 40 | 100% | $205K | 16 |
Direct Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 75% | $205K | 958 | 702 |
| New Hampshire | 71% | $145K | 24 | 17 |
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 Direct Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Norfolk County, MA | Home improvement loans | 72% | 207 | 147 |
| Middlesex County, MA | Home improvement loans | 76% | 174 | 126 |
| Norfolk County, MA | Refinance | 88% | 76 | 66 |
| Essex County, MA | Home improvement loans | 77% | 53 | 41 |
| Middlesex County, MA | Refinance | 74% | 58 | 41 |
| Plymouth County, MA | Home improvement loans | 73% | 52 | 38 |
| Bristol County, MA | Home improvement loans | 73% | 37 | 26 |
| Worcester County, MA | Home improvement loans | 65% | 34 | 22 |
| Barnstable County, MA | Home improvement loans | 81% | 21 | 17 |
| Suffolk County, MA | Home improvement loans | 57% | 30 | 17 |
The county markets where Direct Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Direct Federal Credit Union
What is Direct Federal Credit Union's mortgage approval rate?
Direct Federal Credit Union approved 72.5% of the 1,014 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.3 points above the 67.2% national rate for the same mix of loan types.
How often do borrowers take the loan Direct Federal Credit Union offers?
Borrowers accepted 98% of the loans Direct 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 Direct Federal Credit Union make?
The typical home improvement loan loan Direct Federal Credit Union made was $205K; across all loan types its typical loan ran from $205K to $475K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Direct Federal Credit Union lend?
Direct Federal Credit Union decided applications in 15 of the states Fat Boy Data covers, most of them in Massachusetts, New Hampshire and Rhode Island.
Can I apply to Direct Federal Credit Union directly?
Yes. Direct Federal Credit Union is a bank or credit union with 2 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Direct 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 Direct Federal Credit Union treats applications, then get a rate quote from the lender.