Municipal Credit Union mortgage approval rate & lending review
Municipal Credit Union decided 4,049 mortgage applications and funded 2,151 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Municipal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Municipal Credit Union at a glance
Approval is 12.7 points below the 71.0% 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 | 88% | 888 / 1,014 | 90% | $495K | 800 |
| Home improvement loans | 45% | 1,009 / 2,234 | 94% | $105K | 948 |
| Cash-out refinance | 62% | 111 / 179 | 82% | $305K | 91 |
| Refinance | 62% | 272 / 442 | 89% | $165K | 243 |
| Investment property purchase | 90% | 64 / 71 | 83% | $405K | 53 |
| Investment cash-out refinance | 38% | 10 / 26 | 70% | $165K | 7 |
| Investment home improvement | 7% | 5 / 71 | 100% | $105K | 5 |
Municipal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 56% | $165K | 3,260 | 1,659 |
| New Jersey | 71% | $785K | 627 | 408 |
| Connecticut | 67% | $495K | 82 | 50 |
| Pennsylvania | 52% | $265K | 77 | 34 |
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 Municipal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Queens County, NY | Home improvement loans | 43% | 430 | 166 |
| Kings County, NY | Home improvement loans | 41% | 392 | 152 |
| Nassau County, NY | Home improvement loans | 53% | 262 | 132 |
| Richmond County, NY | Home improvement loans | 57% | 204 | 111 |
| Queens County, NY | Mortgage lenders | 81% | 146 | 107 |
| Westchester County, NY | Mortgage lenders | 89% | 100 | 80 |
| Bronx County, NY | Home improvement loans | 41% | 206 | 79 |
| Kings County, NY | Mortgage lenders | 82% | 93 | 69 |
| Richmond County, NY | Mortgage lenders | 93% | 76 | 62 |
| Suffolk County, NY | Home improvement loans | 52% | 129 | 62 |
| Westchester County, NY | Home improvement loans | 38% | 125 | 45 |
| Bronx County, NY | Mortgage lenders | 80% | 56 | 42 |
The county markets where Municipal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Municipal Credit Union
What is Municipal Credit Union's mortgage approval rate?
Municipal Credit Union approved 58.4% of the 4,049 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.7 points below the 71.0% national rate for the same mix of loan types.
How often do borrowers take the loan Municipal Credit Union offers?
Borrowers accepted 91% of the loans Municipal Credit Union approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Municipal Credit Union make?
The typical home improvement loan loan Municipal Credit Union made was $105K; across all loan types its typical loan ran from $105K to $495K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Municipal Credit Union lend?
Municipal Credit Union decided applications in 6 of the states Fat Boy Data covers, most of them in New York, New Jersey and Connecticut.
Can I apply to Municipal Credit Union directly?
Yes. Municipal Credit Union is a bank or credit union with 16 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Municipal 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 Municipal Credit Union treats applications, then get a rate quote from the lender.