Memphis City Employees Credit Union mortgage approval rate & lending review
Memphis City Employees Credit Union decided 371 mortgage applications and funded 279 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Memphis City Employees Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Memphis City Employees Credit Union at a glance
Approval is 3.9 points above the 71.6% 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 | 98% | 51 / 52 | 98% | $285K | 50 |
| Cash-out refinance | 74% | 211 / 285 | 100% | $65K | 211 |
Memphis City Employees Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Tennessee | 75% | $65K | 322 | 242 |
| Mississippi | 73% | $55K | 45 | 33 |
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 Memphis City Employees Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Shelby County, TN | Cash-out refinance | 74% | 244 | 181 |
| DeSoto County, MS | Cash-out refinance | 71% | 38 | 27 |
The county markets where Memphis City Employees Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Memphis City Employees Credit Union
What is Memphis City Employees Credit Union's mortgage approval rate?
Memphis City Employees Credit Union approved 75.5% of the 371 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.9 points above the 71.6% national rate for the same mix of loan types.
How often do borrowers take the loan Memphis City Employees Credit Union offers?
Borrowers accepted 100% of the loans Memphis City Employees 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 Memphis City Employees Credit Union make?
The typical cash-out refinance loan Memphis City Employees Credit Union made was $65K; across all loan types its typical loan ran from $65K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Memphis City Employees Credit Union lend?
Memphis City Employees Credit Union decided applications in 4 of the states Fat Boy Data covers, most of them in Tennessee, Mississippi and Alabama.
Can I apply to Memphis City Employees Credit Union directly?
Yes. Memphis City Employees Credit Union is a bank or credit union with 7 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Memphis City Employees 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 Memphis City Employees Credit Union treats applications, then get a rate quote from the lender.