Sound Credit Union mortgage approval rate & lending review
Sound Credit Union decided 2,907 mortgage applications and funded 1,924 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Sound Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Sound Credit Union at a glance
Approval is 1.1 points above the 68.9% 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 | 84% | 274 / 326 | 96% | $385K | 264 |
| Home improvement loans | 69% | 1,099 / 1,597 | 95% | $65K | 1,041 |
| Cash-out refinance | 71% | 61 / 86 | 92% | $395K | 56 |
| Refinance | 73% | 495 / 675 | 94% | $95K | 465 |
| Investment property purchase | 63% | 29 / 46 | 97% | $245K | 28 |
| Investment refinance | 48% | 16 / 33 | 100% | $155K | 16 |
| Investment home improvement | 41% | 54 / 133 | 85% | $105K | 46 |
Sound Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Washington | 70% | $65K | 2,887 | 1,919 |
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 Sound Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Pierce County, WA | Home improvement loans | 71% | 776 | 530 |
| King County, WA | Home improvement loans | 65% | 476 | 287 |
| Pierce County, WA | Refinance | 78% | 329 | 243 |
| King County, WA | Refinance | 71% | 202 | 131 |
| Snohomish County, WA | Home improvement loans | 67% | 193 | 123 |
| Pierce County, WA | Mortgage lenders | 83% | 131 | 106 |
| Snohomish County, WA | Refinance | 66% | 102 | 63 |
| Kitsap County, WA | Home improvement loans | 75% | 59 | 43 |
| Thurston County, WA | Home improvement loans | 68% | 63 | 40 |
| Pierce County, WA | Cash-out refinance | 72% | 46 | 29 |
| King County, WA | Investment home improvement | 43% | 54 | 20 |
| Pierce County, WA | Investment home improvement | 51% | 45 | 19 |
The county markets where Sound Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Sound Credit Union
What is Sound Credit Union's mortgage approval rate?
Sound Credit Union approved 70.0% of the 2,907 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.1 points above the 68.9% national rate for the same mix of loan types.
How often do borrowers take the loan Sound Credit Union offers?
Borrowers accepted 94% of the loans Sound 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 Sound Credit Union make?
The typical home improvement loan loan Sound Credit Union made was $65K; across all loan types its typical loan ran from $65K to $395K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Sound Credit Union lend?
Sound Credit Union decided applications in 10 of the states Fat Boy Data covers, most of them in Washington, Oregon and California.
Can I apply to Sound Credit Union directly?
Yes. Sound Credit Union is a bank or credit union with 31 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Sound 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 Sound Credit Union treats applications, then get a rate quote from the lender.