Lender profile · HMDA 2023–2025
Mayo Employees Federal Credit Union mortgage approval rates & lending data
Mayo Employees Federal Credit Union decided 956 mortgage applications and funded 841 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 100% | 272 / 273 | 99% | $575K | 269 |
| Home improvement loans | 93% | 378 / 406 | 99% | $45K | 374 |
| Cash-out refinance | 53% | 46 / 87 | 98% | $95K | 45 |
| Refinance | 81% | 145 / 179 | 99% | $75K | 143 |
Mayo Employees Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Minnesota | 90% | $45K | 528 | 468 |
| Arizona | 86% | $95K | 241 | 205 |
| Florida | 91% | $575K | 106 | 95 |
| Wisconsin | 90% | $95K | 51 | 46 |
| Texas | 100% | $605K | 5 | 5 |
| California | 100% | $1.11M | 4 | 3 |
| Iowa | 100% | $65K | 3 | 3 |
| Alabama | 100% | $545K | 2 | 2 |
| Georgia | 100% | $925K | 2 | 2 |
| Kansas | 100% | $555K | 2 | 2 |
| Massachusetts | 100% | $805K | 2 | 2 |
| Nebraska | 100% | $525K | 2 | 2 |
| Colorado | 100% | — | 1 | 0 |
| Illinois | 100% | $505K | 1 | 1 |
| Indiana | 100% | $215K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.