Park Federal Credit Union mortgage approval rate & lending review
Park Federal Credit Union decided 1,431 mortgage applications and funded 1,200 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Park Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Park Federal Credit Union at a glance
Approval is 11.1 points above the 73.7% 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 | 91% | 373 / 409 | 100% | $225K | 372 |
| Home improvement loans | 76% | 315 / 416 | 98% | $55K | 309 |
| Cash-out refinance | 82% | 248 / 303 | 98% | $95K | 244 |
| Refinance | 72% | 26 / 36 | 100% | $185K | 26 |
| Investment property purchase | 96% | 96 / 100 | 100% | $115K | 96 |
| Investment cash-out refinance | 92% | 66 / 72 | 98% | $145K | 65 |
| Investment refinance | 98% | 48 / 49 | 98% | $115K | 47 |
| Investment home improvement | 91% | 42 / 46 | 98% | $85K | 41 |
Park Federal Credit Union lending by state
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 Park Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Jefferson County, KY | Mortgage lenders | 91% | 323 | 293 |
| Jefferson County, KY | Home improvement loans | 76% | 350 | 260 |
| Jefferson County, KY | Cash-out refinance | 80% | 246 | 193 |
| Jefferson County, KY | Investment property purchase | 95% | 88 | 84 |
| Jefferson County, KY | Investment cash-out refinance | 91% | 58 | 53 |
| Clark County, IN | Mortgage lenders | 90% | 50 | 45 |
| Jefferson County, KY | Investment refinance | 98% | 44 | 42 |
| Jefferson County, KY | Investment home improvement | 93% | 42 | 38 |
| Clark County, IN | Cash-out refinance | 85% | 41 | 35 |
| Clark County, IN | Home improvement loans | 71% | 41 | 28 |
| Jefferson County, KY | Refinance | 74% | 31 | 23 |
| Fayette County, KY | Home improvement loans | 86% | 22 | 19 |
The county markets where Park Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Park Federal Credit Union
What is Park Federal Credit Union's mortgage approval rate?
Park Federal Credit Union approved 84.8% of the 1,431 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.1 points above the 73.7% national rate for the same mix of loan types.
How often do borrowers take the loan Park Federal Credit Union offers?
Borrowers accepted 99% of the loans Park Federal 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 Park Federal Credit Union make?
The typical home improvement loan loan Park Federal Credit Union made was $55K; across all loan types its typical loan ran from $55K to $225K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Park Federal Credit Union lend?
Park Federal Credit Union decided applications in 2 of the states Fat Boy Data covers, most of them in Kentucky and Indiana.
Can I apply to Park Federal Credit Union directly?
Yes. Park Federal 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 Park 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 Park Federal Credit Union treats applications, then get a rate quote from the lender.