Marine Credit Union mortgage approval rate & lending review
Marine Credit Union decided 3,884 mortgage applications and funded 1,800 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Marine Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Marine Credit Union at a glance
Approval is 18.9 points below the 73.2% 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 | 64% | 489 / 764 | 87% | $165K | 424 |
| Home improvement loans | 58% | 28 / 48 | 96% | $35K | 27 |
| Cash-out refinance | 52% | 1,298 / 2,508 | 84% | $85K | 1,094 |
| Refinance | 51% | 196 / 387 | 86% | $105K | 169 |
| Investment property purchase | 72% | 41 / 57 | 80% | $65K | 33 |
| Investment cash-out refinance | 49% | 50 / 102 | 88% | $75K | 44 |
Marine Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Wisconsin | 55% | $85K | 3,038 | 1,449 |
| Iowa | 52% | $65K | 628 | 264 |
| Illinois | 45% | $85K | 130 | 46 |
| Minnesota | 60% | $165K | 87 | 41 |
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 Marine Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Fond du Lac County, WI | Cash-out refinance | 64% | 400 | 220 |
| Milwaukee County, WI | Cash-out refinance | 40% | 456 | 146 |
| Polk County, IA | Cash-out refinance | 51% | 266 | 109 |
| Milwaukee County, WI | Mortgage lenders | 68% | 167 | 105 |
| La Crosse County, WI | Cash-out refinance | 63% | 153 | 89 |
| Brown County, WI | Cash-out refinance | 56% | 156 | 81 |
| Eau Claire County, WI | Cash-out refinance | 54% | 136 | 64 |
| Brown County, WI | Mortgage lenders | 82% | 61 | 47 |
| Sheboygan County, WI | Cash-out refinance | 61% | 84 | 47 |
| Polk County, IA | Mortgage lenders | 70% | 88 | 45 |
| Racine County, WI | Cash-out refinance | 46% | 125 | 44 |
| Outagamie County, WI | Cash-out refinance | 49% | 82 | 39 |
The county markets where Marine Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Marine Credit Union
What is Marine Credit Union's mortgage approval rate?
Marine Credit Union approved 54.4% of the 3,884 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 18.9 points below the 73.2% national rate for the same mix of loan types.
How often do borrowers take the loan Marine Credit Union offers?
Borrowers accepted 85% of the loans Marine Credit Union approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Marine Credit Union make?
The typical cash-out refinance loan Marine Credit Union made was $85K; across all loan types its typical loan ran from $35K to $165K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Marine Credit Union lend?
Marine Credit Union decided applications in 5 of the states Fat Boy Data covers, most of them in Wisconsin, Iowa and Illinois.
Can I apply to Marine Credit Union directly?
Yes. Marine Credit Union is a bank or credit union with 31 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Marine 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 Marine Credit Union treats applications, then get a rate quote from the lender.