Redstone Federal Credit Union mortgage approval rate & lending review
Redstone Federal Credit Union decided 8,712 mortgage applications and funded 6,166 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Redstone Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Redstone Federal Credit Union at a glance
Approval is 6.6 points above the 71.6% 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% | 1,632 / 1,792 | 93% | $225K | 1,517 |
| Home improvement loans | 73% | 2,602 / 3,562 | 86% | $55K | 2,245 |
| Cash-out refinance | 70% | 488 / 702 | 99% | $125K | 481 |
| Refinance | 82% | 1,605 / 1,959 | 94% | $95K | 1,504 |
| Investment property purchase | 77% | 126 / 163 | 91% | $155K | 115 |
| Investment cash-out refinance | 56% | 19 / 34 | 100% | $115K | 19 |
| Investment refinance | 72% | 98 / 136 | 88% | $75K | 86 |
| Investment home improvement | 66% | 242 / 364 | 82% | $55K | 199 |
Redstone 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 Redstone Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Madison County, AL | Home improvement loans | 75% | 2,196 | 1,426 |
| Madison County, AL | Refinance | 83% | 1,264 | 987 |
| Madison County, AL | Mortgage lenders | 92% | 990 | 842 |
| Limestone County, AL | Home improvement loans | 73% | 473 | 291 |
| Madison County, AL | Cash-out refinance | 73% | 397 | 287 |
| Morgan County, AL | Home improvement loans | 70% | 416 | 242 |
| Limestone County, AL | Mortgage lenders | 92% | 280 | 234 |
| Morgan County, AL | Mortgage lenders | 93% | 240 | 212 |
| Limestone County, AL | Refinance | 83% | 261 | 205 |
| Rutherford County, TN | Home improvement loans | 66% | 278 | 169 |
| Morgan County, AL | Refinance | 80% | 189 | 135 |
| Rutherford County, TN | Refinance | 80% | 158 | 121 |
The county markets where Redstone Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Redstone Federal Credit Union
What is Redstone Federal Credit Union's mortgage approval rate?
Redstone Federal Credit Union approved 78.2% of the 8,712 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.6 points above the 71.6% national rate for the same mix of loan types.
How often do borrowers take the loan Redstone Federal Credit Union offers?
Borrowers accepted 91% of the loans Redstone 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 Redstone Federal Credit Union make?
The typical home improvement loan loan Redstone 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 Redstone Federal Credit Union lend?
Redstone Federal Credit Union decided applications in 7 of the states Fat Boy Data covers, most of them in Alabama, Tennessee and Florida.
Can I apply to Redstone Federal Credit Union directly?
Yes. Redstone Federal Credit Union is a bank or credit union with 45 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Redstone 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 Redstone Federal Credit Union treats applications, then get a rate quote from the lender.