Navy Federal Credit Union mortgage approval rate & lending review
Navy Federal Credit Union decided 218,763 mortgage applications and funded 144,539 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Navy Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Navy Federal Credit Union at a glance
Approval is 6.3 points below the 73.8% 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 | 82% | 67,946 / 82,617 | 99% | $345K | 67,160 |
| Home improvement loans | 62% | 50,079 / 80,526 | 97% | $75K | 48,560 |
| Cash-out refinance | 62% | 18,675 / 30,228 | 98% | $155K | 18,262 |
| Refinance | 57% | 4,707 / 8,272 | 97% | $355K | 4,546 |
| Investment property purchase | 55% | 3,395 / 6,131 | 98% | $215K | 3,328 |
| Investment cash-out refinance | 32% | 240 / 748 | 94% | $125K | 226 |
| Investment refinance | 26% | 393 / 1,536 | 97% | $125K | 380 |
| Investment home improvement | 25% | 2,150 / 8,705 | 97% | $75K | 2,077 |
Navy Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 66% | $295K | 28,577 | 18,569 |
| California | 64% | $105K | 21,050 | 13,136 |
| Virginia | 75% | $145K | 20,715 | 15,223 |
| Texas | 56% | $325K | 16,945 | 9,335 |
| Maryland | 67% | $155K | 14,733 | 9,641 |
| Georgia | 60% | $145K | 13,949 | 8,180 |
| North Carolina | 74% | $285K | 12,660 | 9,154 |
| South Carolina | 71% | $325K | 6,974 | 4,838 |
| Pennsylvania | 68% | $285K | 6,271 | 4,198 |
| Arizona | 70% | $155K | 6,114 | 4,195 |
| Washington | 75% | $185K | 5,409 | 3,996 |
| New Jersey | 64% | $155K | 4,871 | 3,025 |
| Illinois | 61% | $325K | 4,720 | 2,795 |
| Ohio | 71% | $255K | 4,604 | 3,215 |
| New York | 62% | $285K | 4,412 | 2,660 |
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 Navy Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| San Diego County, CA | Home improvement loans | 67% | 3,806 | 2,472 |
| Onslow County, NC | Mortgage lenders | 94% | 1,400 | 1,305 |
| Fairfax County, VA | Home improvement loans | 78% | 1,547 | 1,190 |
| Virginia Beach city, VA | Home improvement loans | 75% | 1,627 | 1,187 |
| Prince George's County, MD | Home improvement loans | 61% | 1,894 | 1,107 |
| Riverside County, CA | Home improvement loans | 62% | 1,780 | 1,056 |
| Maricopa County, AZ | Home improvement loans | 67% | 1,571 | 1,034 |
| Duval County, FL | Mortgage lenders | 82% | 1,211 | 983 |
| Escambia County, FL | Mortgage lenders | 85% | 1,119 | 947 |
| Fairfax County, VA | Mortgage lenders | 90% | 1,041 | 924 |
| San Diego County, CA | Mortgage lenders | 81% | 1,108 | 889 |
| Maricopa County, AZ | Mortgage lenders | 81% | 1,061 | 848 |
The county markets where Navy Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Navy Federal Credit Union
What is Navy Federal Credit Union's mortgage approval rate?
Navy Federal Credit Union approved 67.5% of the 218,763 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.3 points below the 73.8% national rate for the same mix of loan types.
How often do borrowers take the loan Navy Federal Credit Union offers?
Borrowers accepted 98% of the loans Navy Federal Credit Union approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Navy Federal Credit Union make?
The typical home purchase mortgage loan Navy Federal Credit Union made was $345K; across all loan types its typical loan ran from $75K to $355K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Navy Federal Credit Union lend?
Navy Federal Credit Union decided applications in 51 of the states Fat Boy Data covers, most of them in Florida, California and Virginia.
Can I apply to Navy Federal Credit Union directly?
Yes. Navy Federal Credit Union is a bank or credit union with 382 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Navy Federal 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 Navy Federal Credit Union treats applications, then get a rate quote from the lender.