LOC Credit Union mortgage approval rate & lending review
LOC Credit Union decided 1,053 mortgage applications and funded 834 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions LOC Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
LOC Credit Union at a glance
Approval is 12.2 points above the 68.0% 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 | 88% | 114 / 129 | 98% | $165K | 112 |
| Home improvement loans | 80% | 581 / 725 | 99% | $55K | 577 |
| Cash-out refinance | 72% | 29 / 40 | 93% | $155K | 27 |
| Refinance | 76% | 120 / 157 | 98% | $75K | 118 |
LOC Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 80% | $55K | 1,053 | 834 |
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 LOC Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Livingston County, MI | Home improvement loans | 86% | 314 | 268 |
| Oakland County, MI | Home improvement loans | 87% | 180 | 156 |
| Wayne County, MI | Home improvement loans | 64% | 178 | 112 |
| Livingston County, MI | Refinance | 82% | 61 | 49 |
| Livingston County, MI | Mortgage lenders | 98% | 48 | 46 |
| Wayne County, MI | Refinance | 73% | 44 | 31 |
| Oakland County, MI | Refinance | 72% | 36 | 26 |
The county markets where LOC Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about LOC Credit Union
What is LOC Credit Union's mortgage approval rate?
LOC Credit Union approved 80.2% of the 1,053 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.2 points above the 68.0% national rate for the same mix of loan types.
How often do borrowers take the loan LOC Credit Union offers?
Borrowers accepted 99% of the loans LOC 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 LOC Credit Union make?
The typical home improvement loan loan LOC Credit Union made was $55K; across all loan types its typical loan ran from $55K to $165K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does LOC Credit Union lend?
LOC Credit Union decided applications in 1 of the states Fat Boy Data covers, most of them in Michigan.
Can I apply to LOC Credit Union directly?
Yes. LOC Credit Union is a bank or credit union with 6 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show LOC 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 LOC Credit Union treats applications, then get a rate quote from the lender.