Hiway Credit Union mortgage approval rate & lending review
Hiway Credit Union decided 759 mortgage applications and funded 704 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Hiway Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Hiway Credit Union at a glance
Approval is 23.0 points above the 70.7% 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 | 96% | 205 / 213 | 99% | $285K | 203 |
| Home improvement loans | 93% | 440 / 474 | 99% | $65K | 436 |
| Cash-out refinance | 93% | 40 / 43 | 98% | $105K | 39 |
Hiway Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 94% | $65K | 725 | 672 |
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 Hiway Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Ramsey County, MN | Home improvement loans | 88% | 141 | 120 |
| Washington County, MN | Home improvement loans | 94% | 86 | 81 |
| Hennepin County, MN | Home improvement loans | 89% | 85 | 76 |
| Ramsey County, MN | Mortgage lenders | 96% | 79 | 75 |
| Anoka County, MN | Home improvement loans | 100% | 51 | 51 |
| Dakota County, MN | Home improvement loans | 96% | 52 | 50 |
The county markets where Hiway Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Hiway Credit Union
What is Hiway Credit Union's mortgage approval rate?
Hiway Credit Union approved 93.7% of the 759 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 23.0 points above the 70.7% national rate for the same mix of loan types.
How often do borrowers take the loan Hiway Credit Union offers?
Borrowers accepted 99% of the loans Hiway 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 Hiway Credit Union make?
The typical home improvement loan loan Hiway Credit Union made was $65K; across all loan types its typical loan ran from $65K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Hiway Credit Union lend?
Hiway Credit Union decided applications in 15 of the states Fat Boy Data covers, most of them in Minnesota, Wisconsin and Arizona.
Can I apply to Hiway Credit Union directly?
Yes. Hiway Credit Union reports as a direct lender that takes applications from borrowers.
Does this page show Hiway 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 Hiway Credit Union treats applications, then get a rate quote from the lender.