Fortera Federal Credit Union mortgage approval rate & lending review
Fortera Federal Credit Union decided 2,177 mortgage applications and funded 1,414 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Fortera Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Fortera Federal Credit Union at a glance
Approval is 6.1 points above the 68.5% 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 | 82% | 226 / 274 | 87% | $215K | 197 |
| Home improvement loans | 74% | 695 / 938 | 86% | $55K | 598 |
| Cash-out refinance | 75% | 537 / 716 | 91% | $75K | 488 |
| Refinance | 72% | 63 / 88 | 73% | $95K | 46 |
| Investment property purchase | 57% | 20 / 35 | 85% | $165K | 17 |
| Investment cash-out refinance | 75% | 38 / 51 | 87% | $155K | 33 |
| Investment home improvement | 59% | 40 / 68 | 80% | $85K | 32 |
Fortera Federal 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 Fortera Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Montgomery County, TN | Home improvement loans | 73% | 747 | 482 |
| Montgomery County, TN | Cash-out refinance | 77% | 611 | 429 |
| Montgomery County, TN | Mortgage lenders | 82% | 233 | 171 |
| Davidson County, TN | Home improvement loans | 81% | 89 | 55 |
| Montgomery County, TN | Refinance | 75% | 72 | 41 |
| Montgomery County, TN | Investment cash-out refinance | 78% | 46 | 31 |
| Davidson County, TN | Cash-out refinance | 63% | 51 | 30 |
| Montgomery County, TN | Investment property purchase | 57% | 30 | 15 |
| Sumner County, TN | Home improvement loans | 86% | 22 | 14 |
The county markets where Fortera Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Fortera Federal Credit Union
What is Fortera Federal Credit Union's mortgage approval rate?
Fortera Federal Credit Union approved 74.6% of the 2,177 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.1 points above the 68.5% national rate for the same mix of loan types.
How often do borrowers take the loan Fortera Federal Credit Union offers?
Borrowers accepted 87% of the loans Fortera 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 Fortera Federal Credit Union make?
The typical home improvement loan loan Fortera Federal Credit Union made was $55K; across all loan types its typical loan ran from $55K to $215K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Fortera Federal Credit Union lend?
Fortera Federal Credit Union decided applications in 12 of the states Fat Boy Data covers, most of them in Tennessee, Kentucky and Florida.
Can I apply to Fortera Federal Credit Union directly?
Yes. Fortera Federal Credit Union is a bank or credit union with 8 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Fortera 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 Fortera Federal Credit Union treats applications, then get a rate quote from the lender.