Educators Credit Union mortgage approval rate & lending review
Educators Credit Union decided 6,193 mortgage applications and funded 4,893 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Educators Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Educators Credit Union at a glance
Approval is 11.9 points above the 76.9% 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 | 98% | 2,103 / 2,153 | 89% | $205K | 1,878 |
| Cash-out refinance | 82% | 2,370 / 2,889 | 90% | $65K | 2,129 |
| Refinance | 80% | 258 / 323 | 74% | $175K | 192 |
| Investment property purchase | 98% | 327 / 335 | 90% | $145K | 294 |
| Investment cash-out refinance | 89% | 407 / 456 | 91% | $135K | 372 |
| Investment refinance | 86% | 30 / 35 | 90% | $125K | 27 |
Educators Credit Union lending by state
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 Educators Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Milwaukee County, WI | Cash-out refinance | 77% | 1,075 | 738 |
| Racine County, WI | Cash-out refinance | 85% | 948 | 732 |
| Milwaukee County, WI | Mortgage lenders | 97% | 819 | 696 |
| Racine County, WI | Mortgage lenders | 98% | 595 | 524 |
| Kenosha County, WI | Cash-out refinance | 85% | 332 | 248 |
| Kenosha County, WI | Mortgage lenders | 99% | 269 | 241 |
| Waukesha County, WI | Cash-out refinance | 85% | 282 | 222 |
| Waukesha County, WI | Mortgage lenders | 100% | 193 | 177 |
| Milwaukee County, WI | Investment cash-out refinance | 86% | 216 | 161 |
| Milwaukee County, WI | Investment property purchase | 95% | 124 | 109 |
| Rock County, WI | Cash-out refinance | 82% | 97 | 74 |
| Racine County, WI | Investment property purchase | 99% | 84 | 70 |
The county markets where Educators Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Educators Credit Union
What is Educators Credit Union's mortgage approval rate?
Educators Credit Union approved 88.7% of the 6,193 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.9 points above the 76.9% national rate for the same mix of loan types.
How often do borrowers take the loan Educators Credit Union offers?
Borrowers accepted 89% of the loans Educators Credit Union approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Educators Credit Union make?
The typical cash-out refinance loan Educators Credit Union made was $65K; across all loan types its typical loan ran from $65K to $205K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Educators Credit Union lend?
Educators Credit Union decided applications in 3 of the states Fat Boy Data covers, most of them in Wisconsin, Illinois and North Carolina.
Can I apply to Educators Credit Union directly?
Yes. Educators Credit Union is a bank or credit union with 34 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Educators 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 Educators Credit Union treats applications, then get a rate quote from the lender.