L & N Federal Credit Union mortgage approval rate & lending review
L & N Federal Credit Union decided 1,742 mortgage applications and funded 1,551 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions L & N Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
L & N Federal Credit Union at a glance
Approval is 15.7 points above the 75.9% 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 | 97% | 479 / 495 | 97% | $215K | 463 |
| Home improvement loans | 93% | 295 / 316 | 98% | $55K | 288 |
| Cash-out refinance | 84% | 247 / 295 | 96% | $75K | 237 |
| Refinance | 91% | 530 / 585 | 98% | $65K | 520 |
| Investment property purchase | 92% | 23 / 25 | 96% | $155K | 22 |
L & N Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Kentucky | 91% | $65K | 1,550 | 1,379 |
| Indiana | 93% | $55K | 162 | 144 |
| Ohio | 95% | $55K | 21 | 20 |
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 L & N Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Jefferson County, KY | Refinance | 91% | 471 | 420 |
| Jefferson County, KY | Mortgage lenders | 97% | 358 | 335 |
| Jefferson County, KY | Home improvement loans | 94% | 217 | 200 |
| Jefferson County, KY | Cash-out refinance | 84% | 220 | 178 |
| Clark County, IN | Refinance | 94% | 53 | 50 |
| Clark County, IN | Mortgage lenders | 98% | 50 | 49 |
| Kenton County, KY | Home improvement loans | 94% | 34 | 32 |
| Clark County, IN | Home improvement loans | 91% | 34 | 28 |
| Kenton County, KY | Mortgage lenders | 93% | 30 | 26 |
| Boone County, KY | Mortgage lenders | 100% | 24 | 24 |
| Kenton County, KY | Cash-out refinance | 85% | 27 | 23 |
| Kenton County, KY | Refinance | 73% | 30 | 21 |
The county markets where L & N Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about L & N Federal Credit Union
What is L & N Federal Credit Union's mortgage approval rate?
L & N Federal Credit Union approved 91.6% of the 1,742 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 15.7 points above the 75.9% national rate for the same mix of loan types.
How often do borrowers take the loan L & N Federal Credit Union offers?
Borrowers accepted 97% of the loans L & N Federal Credit Union approved, against 93% for all mortgage refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does L & N Federal Credit Union make?
The typical mortgage refinance loan L & N Federal Credit Union made was $65K; 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 L & N Federal Credit Union lend?
L & N Federal Credit Union decided applications in 9 of the states Fat Boy Data covers, most of them in Kentucky, Indiana and Ohio.
Can I apply to L & N Federal Credit Union directly?
Yes. L & N Federal Credit Union is a bank or credit union with 28 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show L & N 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 L & N Federal Credit Union treats applications, then get a rate quote from the lender.