Red Canoe Credit Union mortgage approval rate & lending review
Red Canoe Credit Union decided 1,330 mortgage applications and funded 1,140 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Red Canoe Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Red Canoe Credit Union at a glance
Approval is 16.7 points above the 70.9% 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 | 96% | 133 / 138 | 98% | $245K | 131 |
| Home improvement loans | 91% | 403 / 441 | 98% | $65K | 395 |
| Cash-out refinance | 88% | 268 / 306 | 98% | $85K | 263 |
| Refinance | 82% | 292 / 356 | 97% | $85K | 284 |
| Investment cash-out refinance | 86% | 24 / 28 | 92% | $115K | 22 |
| Investment refinance | 62% | 16 / 26 | 100% | $105K | 16 |
Red Canoe Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Washington | 88% | $85K | 1,201 | 1,030 |
| Oregon | 88% | $65K | 125 | 109 |
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 Red Canoe Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Cowlitz County, WA | Home improvement loans | 91% | 230 | 205 |
| Cowlitz County, WA | Cash-out refinance | 89% | 186 | 162 |
| Cowlitz County, WA | Refinance | 83% | 193 | 156 |
| Pierce County, WA | Home improvement loans | 92% | 80 | 73 |
| Cowlitz County, WA | Mortgage lenders | 97% | 64 | 61 |
| Pierce County, WA | Refinance | 81% | 68 | 53 |
| King County, WA | Home improvement loans | 98% | 41 | 38 |
| Pierce County, WA | Cash-out refinance | 92% | 40 | 36 |
| Clark County, WA | Home improvement loans | 82% | 28 | 23 |
| Linn County, OR | Home improvement loans | 88% | 24 | 21 |
| Clark County, WA | Refinance | 87% | 23 | 19 |
| Clark County, WA | Cash-out refinance | 82% | 22 | 18 |
The county markets where Red Canoe Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Red Canoe Credit Union
What is Red Canoe Credit Union's mortgage approval rate?
Red Canoe Credit Union approved 87.6% of the 1,330 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 16.7 points above the 70.9% national rate for the same mix of loan types.
How often do borrowers take the loan Red Canoe Credit Union offers?
Borrowers accepted 98% of the loans Red Canoe 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 Red Canoe Credit Union make?
The typical home improvement loan loan Red Canoe Credit Union made was $65K; across all loan types its typical loan ran from $65K to $245K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Red Canoe Credit Union lend?
Red Canoe Credit Union decided applications in 5 of the states Fat Boy Data covers, most of them in Washington, Oregon and Idaho.
Can I apply to Red Canoe Credit Union directly?
Yes. Red Canoe Credit Union is a bank or credit union with 12 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Red Canoe 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 Red Canoe Credit Union treats applications, then get a rate quote from the lender.