Lender profile · HMDA 2023–2025
Meritrust Credit Union mortgage approval rates & lending data
Meritrust Credit Union decided 2,060 mortgage applications and funded 1,777 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 | 96% | 477 / 499 | 99% | $275K | 470 |
| Home improvement loans | 85% | 923 / 1,087 | 100% | $95K | 922 |
| Cash-out refinance | 86% | 165 / 192 | 98% | $55K | 161 |
| Refinance | 76% | 101 / 133 | 98% | $155K | 99 |
| Investment property purchase | 85% | 23 / 27 | 100% | $95K | 23 |
| Investment cash-out refinance | 89% | 34 / 38 | 100% | $145K | 34 |
| Investment refinance | 97% | 30 / 31 | 100% | $65K | 30 |
| Investment home improvement | 72% | 38 / 53 | 100% | $75K | 38 |
Meritrust Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Colorado | 86% | $95K | 1,618 | 1,386 |
| Kansas | 91% | $155K | 427 | 384 |
| Arizona | 60% | $505K | 5 | 3 |
| Wyoming | 100% | $185K | 3 | 3 |
| California | 0% | — | 1 | 0 |
| Florida | 0% | — | 1 | 0 |
| Maryland | 0% | — | 1 | 0 |
| Massachusetts | 0% | — | 1 | 0 |
| Nebraska | 100% | $255K | 1 | 1 |
| Tennessee | 0% | — | 1 | 0 |
| Washington | 0% | — | 1 | 0 |
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.