Efcu Financial mortgage approval rate & lending review
Efcu Financial decided 488 mortgage applications and funded 438 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Efcu Financial reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Efcu Financial at a glance
Approval is 9.9 points above the 80.0% 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 | 93% | 242 / 259 | 100% | $285K | 242 |
| Home improvement loans | 67% | 42 / 63 | 98% | $105K | 41 |
| Cash-out refinance | 87% | 41 / 47 | 100% | $295K | 41 |
| Refinance | 97% | 105 / 108 | 100% | $435K | 105 |
Efcu Financial lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Louisiana | 90% | $285K | 488 | 438 |
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 Efcu Financial lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| East Baton Rouge Parish, LA | Mortgage lenders | 93% | 105 | 98 |
| Livingston Parish, LA | Mortgage lenders | 93% | 75 | 70 |
| Livingston Parish, LA | Refinance | 100% | 45 | 45 |
| Ascension Parish, LA | Mortgage lenders | 94% | 47 | 44 |
| Ascension Parish, LA | Refinance | 96% | 28 | 27 |
| East Baton Rouge Parish, LA | Refinance | 92% | 25 | 23 |
| Ascension Parish, LA | Home improvement loans | 76% | 21 | 16 |
| East Baton Rouge Parish, LA | Home improvement loans | 52% | 29 | 14 |
The county markets where Efcu Financial made the most loans. Each link opens that market with every lender ranked.
Questions about Efcu Financial
What is Efcu Financial's mortgage approval rate?
Efcu Financial approved 90.0% of the 488 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.9 points above the 80.0% national rate for the same mix of loan types.
How often do borrowers take the loan Efcu Financial offers?
Borrowers accepted 100% of the loans Efcu Financial 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 Efcu Financial make?
The typical home purchase mortgage loan Efcu Financial made was $285K; across all loan types its typical loan ran from $105K to $435K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Efcu Financial lend?
Efcu Financial decided applications in 1 of the states Fat Boy Data covers, most of them in Louisiana.
Can I apply to Efcu Financial directly?
Yes. Efcu Financial is a bank or credit union with 9 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Efcu Financial'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 Efcu Financial treats applications, then get a rate quote from the lender.