First Alliance Credit Union mortgage approval rate & lending review
First Alliance Credit Union decided 319 mortgage applications and funded 224 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions First Alliance Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
First Alliance Credit Union at a glance
Approval is 3.8 points below the 79.0% 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 | 67% | 99 / 147 | 90% | $65K | 89 |
| Home improvement loans | 80% | 45 / 56 | 96% | $45K | 43 |
| Refinance | 77% | 55 / 71 | 93% | $85K | 51 |
First Alliance Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 75% | $65K | 314 | 220 |
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 First Alliance Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Olmsted County, MN | Mortgage lenders | 67% | 138 | 83 |
| Olmsted County, MN | Refinance | 78% | 67 | 48 |
| Olmsted County, MN | Home improvement loans | 82% | 50 | 39 |
The county markets where First Alliance Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about First Alliance Credit Union
What is First Alliance Credit Union's mortgage approval rate?
First Alliance Credit Union approved 75.2% of the 319 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.8 points below the 79.0% national rate for the same mix of loan types.
How often do borrowers take the loan First Alliance Credit Union offers?
Borrowers accepted 93% of the loans First Alliance Credit Union 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 First Alliance Credit Union make?
The typical home purchase mortgage loan First Alliance Credit Union made was $65K; across all loan types its typical loan ran from $45K to $85K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does First Alliance Credit Union lend?
First Alliance Credit Union decided applications in 3 of the states Fat Boy Data covers, most of them in Minnesota, California and Texas.
Can I apply to First Alliance Credit Union directly?
Yes. First Alliance Credit Union is a bank or credit union with 5 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show First Alliance 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 First Alliance Credit Union treats applications, then get a rate quote from the lender.