Omega Federal Credit Union mortgage approval rate & lending review
Omega Federal Credit Union decided 476 mortgage applications and funded 390 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Omega Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Omega Federal Credit Union at a glance
Approval is 22.8 points above the 68.4% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Home improvement loans | 92% | 125 / 136 | 89% | $45K | 111 |
| Cash-out refinance | 87% | 145 / 166 | 89% | $45K | 129 |
| Refinance | 97% | 95 / 98 | 97% | $65K | 92 |
| Investment cash-out refinance | 85% | 23 / 27 | 70% | $95K | 16 |
| Investment home improvement | 93% | 25 / 27 | 96% | $85K | 24 |
Omega Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 91% | $45K | 476 | 390 |
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 Omega Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Allegheny County, PA | Cash-out refinance | 88% | 136 | 109 |
| Allegheny County, PA | Home improvement loans | 93% | 113 | 93 |
| Allegheny County, PA | Refinance | 98% | 83 | 78 |
| Allegheny County, PA | Investment home improvement | 91% | 22 | 19 |
The county markets where Omega Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Omega Federal Credit Union
What is Omega Federal Credit Union's mortgage approval rate?
Omega Federal Credit Union approved 91.2% of the 476 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 22.8 points above the 68.4% national rate for the same mix of loan types.
How often do borrowers take the loan Omega Federal Credit Union offers?
Borrowers accepted 90% of the loans Omega Federal 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 Omega Federal Credit Union make?
The typical cash-out refinance loan Omega Federal Credit Union made was $45K; across all loan types its typical loan ran from $45K to $95K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Omega Federal Credit Union lend?
Omega Federal Credit Union decided applications in 1 of the states Fat Boy Data covers, most of them in Pennsylvania.
Can I apply to Omega Federal Credit Union directly?
Yes. Omega Federal Credit Union is a bank or credit union with 6 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Omega 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 Omega Federal Credit Union treats applications, then get a rate quote from the lender.