Saco Valley Credit Union mortgage approval rate & lending review
Saco Valley Credit Union decided 265 mortgage applications and funded 243 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Saco Valley Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Saco Valley Credit Union at a glance
Approval is 19.5 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 | 93% | 27 / 29 | 100% | $375K | 27 |
| Home improvement loans | 97% | 31 / 32 | 100% | $95K | 31 |
| Cash-out refinance | 87% | 72 / 83 | 99% | $85K | 71 |
| Refinance | 96% | 108 / 112 | 97% | $95K | 105 |
Saco Valley Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maine | 93% | $95K | 262 | 240 |
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 Saco Valley Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| York County, ME | Refinance | 96% | 99 | 93 |
| York County, ME | Cash-out refinance | 87% | 79 | 68 |
| York County, ME | Home improvement loans | 97% | 30 | 29 |
The county markets where Saco Valley Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Saco Valley Credit Union
What is Saco Valley Credit Union's mortgage approval rate?
Saco Valley Credit Union approved 93.2% of the 265 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 19.5 points above the 73.7% national rate for the same mix of loan types.
How often do borrowers take the loan Saco Valley Credit Union offers?
Borrowers accepted 98% of the loans Saco Valley Credit Union approved, against 93% for all mortgage refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Saco Valley Credit Union make?
The typical mortgage refinance loan Saco Valley Credit Union made was $95K; across all loan types its typical loan ran from $85K to $375K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Saco Valley Credit Union lend?
Saco Valley Credit Union decided applications in 2 of the states Fat Boy Data covers, most of them in Maine and Florida.
Can I apply to Saco Valley Credit Union directly?
Yes. Saco Valley Credit Union is a bank or credit union with 5 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Saco Valley 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 Saco Valley Credit Union treats applications, then get a rate quote from the lender.