Heritage Financial Credit Union mortgage approval rate & lending review
Heritage Financial Credit Union decided 1,441 mortgage applications and funded 1,292 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Heritage Financial Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Heritage Financial Credit Union at a glance
Approval is 17.5 points above the 72.2% 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 | 99% | 301 / 304 | 100% | $345K | 301 |
| Home improvement loans | 84% | 551 / 657 | 100% | $85K | 551 |
| Cash-out refinance | 100% | 28 / 28 | 100% | $205K | 28 |
| Refinance | 92% | 349 / 379 | 100% | $95K | 349 |
| Investment property purchase | 97% | 28 / 29 | 100% | $185K | 28 |
| Investment home improvement | 72% | 18 / 25 | 100% | $85K | 18 |
Heritage Financial Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 90% | $95K | 1,325 | 1,189 |
| New Jersey | 83% | $85K | 66 | 55 |
| Florida | 95% | $115K | 20 | 19 |
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 Heritage Financial Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Orange County, NY | Home improvement loans | 85% | 483 | 412 |
| Orange County, NY | Refinance | 92% | 263 | 243 |
| Orange County, NY | Mortgage lenders | 99% | 162 | 160 |
| Ulster County, NY | Mortgage lenders | 100% | 65 | 65 |
| Ulster County, NY | Home improvement loans | 80% | 74 | 59 |
| Ulster County, NY | Refinance | 93% | 56 | 52 |
| Dutchess County, NY | Mortgage lenders | 97% | 35 | 34 |
| Dutchess County, NY | Home improvement loans | 82% | 40 | 33 |
| Orange County, NY | Cash-out refinance | 100% | 22 | 22 |
| Sussex County, NJ | Home improvement loans | 73% | 22 | 16 |
The county markets where Heritage Financial Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Heritage Financial Credit Union
What is Heritage Financial Credit Union's mortgage approval rate?
Heritage Financial Credit Union approved 89.7% of the 1,441 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 17.5 points above the 72.2% national rate for the same mix of loan types.
How often do borrowers take the loan Heritage Financial Credit Union offers?
Borrowers accepted 100% of the loans Heritage Financial 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 Heritage Financial Credit Union make?
The typical home improvement loan loan Heritage Financial Credit Union made was $85K; across all loan types its typical loan ran from $85K to $345K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Heritage Financial Credit Union lend?
Heritage Financial Credit Union decided applications in 17 of the states Fat Boy Data covers, most of them in New York, New Jersey and Florida.
Can I apply to Heritage Financial Credit Union directly?
Yes. Heritage Financial Credit Union is a bank or credit union with 14 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Heritage Financial 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 Heritage Financial Credit Union treats applications, then get a rate quote from the lender.