Greenwood Credit Union mortgage approval rate & lending review
Greenwood Credit Union decided 2,704 mortgage applications and funded 1,633 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Greenwood Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Greenwood Credit Union at a glance
Approval is 9.7 points below the 76.6% 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 | 62% | 777 / 1,250 | 89% | $75K | 691 |
| Home improvement loans | 76% | 463 / 609 | 93% | $65K | 430 |
| Cash-out refinance | 66% | 388 / 584 | 89% | $75K | 347 |
| Refinance | 64% | 71 / 111 | 92% | $75K | 65 |
| Investment property purchase | 73% | 48 / 66 | 90% | $225K | 43 |
| Investment cash-out refinance | 77% | 27 / 35 | 96% | $195K | 26 |
| Investment home improvement | 67% | 26 / 39 | 81% | $105K | 21 |
Greenwood Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Rhode Island | 74% | $75K | 1,296 | 856 |
| New York | 63% | $65K | 243 | 143 |
| Arizona | 66% | $85K | 231 | 145 |
| Michigan | 52% | $55K | 221 | 110 |
| Massachusetts | 57% | $105K | 161 | 81 |
| New Jersey | 62% | $85K | 112 | 58 |
| Florida | 46% | $85K | 100 | 31 |
| Pennsylvania | 69% | $65K | 78 | 51 |
| Delaware | 72% | $125K | 58 | 36 |
| New Hampshire | 53% | $85K | 49 | 25 |
| Connecticut | 52% | $75K | 42 | 22 |
| Washington | 83% | $85K | 36 | 29 |
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 Greenwood Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Kent County, RI | Home improvement loans | 82% | 289 | 216 |
| Kent County, RI | Cash-out refinance | 68% | 251 | 153 |
| Providence County, RI | Home improvement loans | 66% | 190 | 119 |
| Providence County, RI | Cash-out refinance | 62% | 162 | 91 |
| Providence County, RI | Mortgage lenders | 86% | 77 | 52 |
| Kent County, RI | Mortgage lenders | 96% | 57 | 48 |
| Washington County, RI | Home improvement loans | 81% | 48 | 36 |
| Saratoga County, NY | Mortgage lenders | 74% | 43 | 30 |
| Kent County, RI | Refinance | 68% | 38 | 22 |
| Washington County, RI | Cash-out refinance | 72% | 32 | 18 |
| Washington County, RI | Mortgage lenders | 78% | 27 | 17 |
| Orange County, NY | Mortgage lenders | 58% | 33 | 16 |
The county markets where Greenwood Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Greenwood Credit Union
What is Greenwood Credit Union's mortgage approval rate?
Greenwood Credit Union approved 66.9% of the 2,704 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.7 points below the 76.6% national rate for the same mix of loan types.
How often do borrowers take the loan Greenwood Credit Union offers?
Borrowers accepted 90% of the loans Greenwood 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 Greenwood Credit Union make?
The typical home purchase mortgage loan Greenwood Credit Union made was $75K; across all loan types its typical loan ran from $65K to $225K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Greenwood Credit Union lend?
Greenwood Credit Union decided applications in 24 of the states Fat Boy Data covers, most of them in Rhode Island, New York and Arizona.
Can I apply to Greenwood Credit Union directly?
Yes. Greenwood Credit Union is a bank or credit union with 2 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Greenwood 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 Greenwood Credit Union treats applications, then get a rate quote from the lender.