Selco Community mortgage approval rate & lending review
Selco Community decided 3,366 mortgage applications and funded 2,307 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Selco Community reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Selco Community at a glance
Approval is 6.6 points above the 68.4% 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 | 85% | 426 / 499 | 97% | $295K | 413 |
| Home improvement loans | 74% | 1,659 / 2,249 | 90% | $65K | 1,495 |
| Refinance | 77% | 348 / 450 | 90% | $115K | 314 |
| Investment property purchase | 56% | 24 / 43 | 100% | $205K | 24 |
| Investment refinance | 91% | 30 / 33 | 100% | $175K | 30 |
| Investment home improvement | 39% | 34 / 88 | 79% | $85K | 27 |
Selco Community lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Oregon | 75% | $65K | 3,333 | 2,289 |
| Washington | 64% | $65K | 33 | 18 |
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 Selco Community lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Lane County, OR | Home improvement loans | 74% | 1,253 | 839 |
| Deschutes County, OR | Home improvement loans | 75% | 582 | 394 |
| Lane County, OR | Mortgage lenders | 87% | 293 | 247 |
| Lane County, OR | Refinance | 79% | 236 | 168 |
| Deschutes County, OR | Mortgage lenders | 87% | 139 | 119 |
| Deschutes County, OR | Refinance | 79% | 124 | 89 |
| Marion County, OR | Home improvement loans | 76% | 108 | 76 |
| Linn County, OR | Home improvement loans | 75% | 111 | 74 |
| Multnomah County, OR | Home improvement loans | 64% | 75 | 41 |
| Clackamas County, OR | Home improvement loans | 70% | 33 | 23 |
| Washington County, OR | Home improvement loans | 68% | 31 | 19 |
| Lane County, OR | Investment home improvement | 40% | 53 | 16 |
The county markets where Selco Community made the most loans. Each link opens that market with every lender ranked.
Questions about Selco Community
What is Selco Community's mortgage approval rate?
Selco Community approved 75.0% of the 3,366 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.6 points above the 68.4% national rate for the same mix of loan types.
How often do borrowers take the loan Selco Community offers?
Borrowers accepted 91% of the loans Selco Community 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 Selco Community make?
The typical home improvement loan loan Selco Community made was $65K; across all loan types its typical loan ran from $65K to $295K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Selco Community lend?
Selco Community decided applications in 2 of the states Fat Boy Data covers, most of them in Oregon and Washington.
Can I apply to Selco Community directly?
Yes. Selco Community is a bank or credit union with 16 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Selco Community'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 Selco Community treats applications, then get a rate quote from the lender.