San Mateo Credit Union mortgage approval rate & lending review
San Mateo Credit Union decided 819 mortgage applications and funded 633 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions San Mateo Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
San Mateo Credit Union at a glance
Approval is 3.6 points above the 74.7% 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 | 83% | 218 / 264 | 99% | $845K | 215 |
| Home improvement loans | 74% | 96 / 129 | 97% | $105K | 93 |
| Cash-out refinance | 79% | 220 / 279 | 100% | $255K | 220 |
| Refinance | 77% | 74 / 96 | 100% | $255K | 74 |
| Investment cash-out refinance | 70% | 19 / 27 | 95% | $105K | 18 |
San Mateo Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 78% | $255K | 819 | 633 |
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 San Mateo Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| San Mateo County, CA | Cash-out refinance | 81% | 179 | 145 |
| San Mateo County, CA | Mortgage lenders | 79% | 92 | 73 |
| San Mateo County, CA | Home improvement loans | 75% | 73 | 54 |
| San Mateo County, CA | Refinance | 78% | 59 | 46 |
| Alameda County, CA | Cash-out refinance | 67% | 27 | 18 |
The county markets where San Mateo Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about San Mateo Credit Union
What is San Mateo Credit Union's mortgage approval rate?
San Mateo Credit Union approved 78.3% of the 819 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.6 points above the 74.7% national rate for the same mix of loan types.
How often do borrowers take the loan San Mateo Credit Union offers?
Borrowers accepted 99% of the loans San Mateo Credit Union approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does San Mateo Credit Union make?
The typical cash-out refinance loan San Mateo Credit Union made was $255K; across all loan types its typical loan ran from $105K to $845K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does San Mateo Credit Union lend?
San Mateo Credit Union decided applications in 1 of the states Fat Boy Data covers, most of them in California.
Can I apply to San Mateo Credit Union directly?
Yes. San Mateo Credit Union reports as a direct lender that takes applications from borrowers.
Does this page show San Mateo 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 San Mateo Credit Union treats applications, then get a rate quote from the lender.