Hope Federal Credit Union mortgage approval rate & lending review
Hope Federal Credit Union decided 1,030 mortgage applications and funded 579 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Hope Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Hope Federal Credit Union at a glance
Approval is 26.6 points below the 82.8% 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 | 63% | 492 / 783 | 100% | $145K | 492 |
| Home improvement loans | 54% | 61 / 114 | 100% | $65K | 61 |
| Cash-out refinance | 18% | 16 / 89 | 100% | $85K | 16 |
Hope Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Mississippi | 58% | $135K | 452 | 260 |
| Alabama | 59% | $155K | 247 | 146 |
| Tennessee | 56% | $125K | 158 | 88 |
| Louisiana | 51% | $155K | 136 | 69 |
| Arkansas | 43% | $55K | 37 | 16 |
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 Hope Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Hinds County, MS | Mortgage lenders | 64% | 141 | 90 |
| Shelby County, TN | Mortgage lenders | 57% | 88 | 50 |
| Madison County, MS | Mortgage lenders | 70% | 66 | 46 |
| Mobile County, AL | Mortgage lenders | 69% | 58 | 40 |
| Montgomery County, AL | Mortgage lenders | 52% | 64 | 33 |
| Jefferson Parish, LA | Mortgage lenders | 69% | 48 | 33 |
| Harrison County, MS | Mortgage lenders | 74% | 43 | 32 |
| Rankin County, MS | Mortgage lenders | 61% | 36 | 22 |
| DeSoto County, MS | Mortgage lenders | 67% | 27 | 18 |
| Jackson County, MS | Mortgage lenders | 51% | 35 | 18 |
| Orleans Parish, LA | Mortgage lenders | 53% | 30 | 16 |
| Shelby County, TN | Home improvement loans | 58% | 24 | 14 |
The county markets where Hope Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Hope Federal Credit Union
What is Hope Federal Credit Union's mortgage approval rate?
Hope Federal Credit Union approved 56.2% of the 1,030 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 26.6 points below the 82.8% national rate for the same mix of loan types.
How often do borrowers take the loan Hope Federal Credit Union offers?
Borrowers accepted 100% of the loans Hope Federal 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 Hope Federal Credit Union make?
The typical home purchase mortgage loan Hope Federal Credit Union made was $145K; across all loan types its typical loan ran from $65K to $145K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Hope Federal Credit Union lend?
Hope Federal Credit Union decided applications in 5 of the states Fat Boy Data covers, most of them in Mississippi, Alabama and Tennessee.
Can I apply to Hope Federal Credit Union directly?
Yes. Hope Federal Credit Union is a bank or credit union with 27 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Hope 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 Hope Federal Credit Union treats applications, then get a rate quote from the lender.