FirstLight Federal Credit Union mortgage approval rate & lending review
FirstLight Federal Credit Union decided 2,370 mortgage applications and funded 777 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions FirstLight Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
FirstLight Federal Credit Union at a glance
Approval is 21.6 points below 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 | 55% | 515 / 930 | 44% | $215K | 227 |
| Cash-out refinance | 56% | 671 / 1,204 | 73% | $85K | 492 |
| Refinance | 44% | 28 / 64 | 46% | $185K | 13 |
| Investment property purchase | 65% | 47 / 72 | 49% | $85K | 23 |
| Investment cash-out refinance | 47% | 45 / 95 | 49% | $125K | 22 |
FirstLight Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 53% | $85K | 1,666 | 545 |
| New Mexico | 59% | $75K | 704 | 232 |
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 FirstLight Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| El Paso County, TX | Cash-out refinance | 54% | 901 | 357 |
| El Paso County, TX | Mortgage lenders | 55% | 565 | 144 |
| Doña Ana County, NM | Cash-out refinance | 62% | 295 | 133 |
| Doña Ana County, NM | Mortgage lenders | 54% | 334 | 70 |
| El Paso County, TX | Investment property purchase | 64% | 45 | 14 |
| El Paso County, TX | Investment cash-out refinance | 40% | 72 | 13 |
| Doña Ana County, NM | Investment property purchase | 69% | 26 | 9 |
| El Paso County, TX | Refinance | 36% | 47 | 7 |
The county markets where FirstLight Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about FirstLight Federal Credit Union
What is FirstLight Federal Credit Union's mortgage approval rate?
FirstLight Federal Credit Union approved 55.2% of the 2,370 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 21.6 points below the 76.9% national rate for the same mix of loan types.
How often do borrowers take the loan FirstLight Federal Credit Union offers?
Borrowers accepted 59% of the loans FirstLight Federal 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 FirstLight Federal Credit Union make?
The typical cash-out refinance loan FirstLight Federal Credit Union made was $85K; across all loan types its typical loan ran from $85K to $215K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does FirstLight Federal Credit Union lend?
FirstLight Federal Credit Union decided applications in 2 of the states Fat Boy Data covers, most of them in Texas and New Mexico.
Can I apply to FirstLight Federal Credit Union directly?
Yes. FirstLight Federal Credit Union is a bank or credit union with 12 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show FirstLight 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 FirstLight Federal Credit Union treats applications, then get a rate quote from the lender.