Philadelphia Federal Credit Union mortgage approval rate & lending review
Philadelphia Federal Credit Union decided 4,416 mortgage applications and funded 2,649 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Philadelphia Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Philadelphia Federal Credit Union at a glance
Approval is 5.5 points below the 67.7% 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 | 56% | 150 / 270 | 98% | $195K | 147 |
| Home improvement loans | 60% | 1,546 / 2,590 | 96% | $55K | 1,485 |
| Cash-out refinance | 64% | 175 / 272 | 97% | $95K | 169 |
| Refinance | 45% | 91 / 203 | 92% | $85K | 84 |
| Investment property purchase | 78% | 57 / 73 | 88% | $165K | 50 |
| Investment refinance | 84% | 643 / 763 | 98% | $175K | 633 |
| Investment home improvement | 32% | 71 / 223 | 100% | $45K | 71 |
Philadelphia Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 62% | $55K | 4,063 | 2,433 |
| New Jersey | 67% | $75K | 240 | 155 |
| Delaware | 61% | $55K | 69 | 38 |
| Florida | 70% | $445K | 23 | 16 |
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 Philadelphia Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Philadelphia County, PA | Home improvement loans | 58% | 1,838 | 1,015 |
| Philadelphia County, PA | Investment refinance | 83% | 593 | 480 |
| Montgomery County, PA | Home improvement loans | 72% | 170 | 122 |
| Philadelphia County, PA | Cash-out refinance | 61% | 196 | 115 |
| Delaware County, PA | Home improvement loans | 59% | 186 | 105 |
| Delaware County, PA | Investment refinance | 93% | 90 | 84 |
| Philadelphia County, PA | Mortgage lenders | 53% | 157 | 82 |
| Bucks County, PA | Home improvement loans | 66% | 108 | 70 |
| Philadelphia County, PA | Investment home improvement | 30% | 183 | 55 |
| Philadelphia County, PA | Refinance | 47% | 123 | 52 |
| Camden County, NJ | Home improvement loans | 64% | 69 | 44 |
| Montgomery County, PA | Investment refinance | 87% | 45 | 39 |
The county markets where Philadelphia Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Philadelphia Federal Credit Union
What is Philadelphia Federal Credit Union's mortgage approval rate?
Philadelphia Federal Credit Union approved 62.1% of the 4,416 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.5 points below the 67.7% national rate for the same mix of loan types.
How often do borrowers take the loan Philadelphia Federal Credit Union offers?
Borrowers accepted 97% of the loans Philadelphia 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 Philadelphia Federal Credit Union make?
The typical home improvement loan loan Philadelphia Federal Credit Union made was $55K; across all loan types its typical loan ran from $45K to $195K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Philadelphia Federal Credit Union lend?
Philadelphia Federal Credit Union decided applications in 13 of the states Fat Boy Data covers, most of them in Pennsylvania, New Jersey and Delaware.
Can I apply to Philadelphia Federal Credit Union directly?
Yes. Philadelphia Federal Credit Union is a bank or credit union with 13 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Philadelphia 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 Philadelphia Federal Credit Union treats applications, then get a rate quote from the lender.