Farmers Insurance Federal Credit Union mortgage approval rate & lending review
Farmers Insurance Federal Credit Union decided 846 mortgage applications and funded 567 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Farmers Insurance Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Farmers Insurance Federal Credit Union at a glance
Approval is 0.4 points above the 69.4% 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 | 78% | 139 / 179 | 88% | $235K | 123 |
| Home improvement loans | 65% | 354 / 543 | 100% | $105K | 354 |
| Cash-out refinance | 78% | 21 / 27 | 71% | $305K | 15 |
| Refinance | 82% | 64 / 78 | 100% | $155K | 64 |
Farmers Insurance Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 69% | $155K | 284 | 194 |
| Texas | 83% | $125K | 65 | 50 |
| Arizona | 72% | $105K | 57 | 38 |
| Illinois | 50% | $145K | 34 | 17 |
| Michigan | 81% | $85K | 32 | 23 |
| Kansas | 74% | $85K | 27 | 18 |
| Colorado | 75% | $105K | 24 | 17 |
| Missouri | 83% | $105K | 24 | 18 |
| New Mexico | 74% | $135K | 23 | 16 |
| Georgia | 59% | $75K | 22 | 12 |
| New Jersey | 67% | $75K | 21 | 14 |
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.
Questions about Farmers Insurance Federal Credit Union
What is Farmers Insurance Federal Credit Union's mortgage approval rate?
Farmers Insurance Federal Credit Union approved 69.9% of the 846 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 0.4 points above the 69.4% national rate for the same mix of loan types.
How often do borrowers take the loan Farmers Insurance Federal Credit Union offers?
Borrowers accepted 96% of the loans Farmers Insurance 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 Farmers Insurance Federal Credit Union make?
The typical home improvement loan loan Farmers Insurance Federal Credit Union made was $105K; across all loan types its typical loan ran from $105K to $305K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Farmers Insurance Federal Credit Union lend?
Farmers Insurance Federal Credit Union decided applications in 39 of the states Fat Boy Data covers, most of them in California, Texas and Arizona.
Can I apply to Farmers Insurance Federal Credit Union directly?
Yes. Farmers Insurance Federal Credit Union 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 Farmers Insurance 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 Farmers Insurance Federal Credit Union treats applications, then get a rate quote from the lender.