Members Choice mortgage approval rate & lending review
Members Choice decided 597 mortgage applications and funded 439 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Members Choice reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Members Choice at a glance
Approval is 1.3 points above the 73.6% 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 | 94% | 118 / 126 | 100% | $315K | 118 |
| Cash-out refinance | 70% | 289 / 410 | 98% | $95K | 282 |
| Investment property purchase | 79% | 23 / 29 | 100% | $215K | 23 |
Members Choice lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 75% | $95K | 596 | 439 |
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 Members Choice lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Harris County, TX | Cash-out refinance | 67% | 260 | 169 |
| Fort Bend County, TX | Cash-out refinance | 77% | 109 | 82 |
The county markets where Members Choice made the most loans. Each link opens that market with every lender ranked.
Questions about Members Choice
What is Members Choice's mortgage approval rate?
Members Choice approved 74.9% of the 597 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.3 points above the 73.6% national rate for the same mix of loan types.
How often do borrowers take the loan Members Choice offers?
Borrowers accepted 98% of the loans Members Choice 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 Members Choice make?
The typical cash-out refinance loan Members Choice made was $95K; across all loan types its typical loan ran from $95K to $315K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Members Choice lend?
Members Choice decided applications in 2 of the states Fat Boy Data covers, most of them in Texas and Michigan.
Can I apply to Members Choice directly?
Yes. Members Choice is a bank or credit union with 17 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Members Choice'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 Members Choice treats applications, then get a rate quote from the lender.