Southern Energy Credit Union mortgage approval rate & lending review
Southern Energy Credit Union decided 464 mortgage applications and funded 370 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Southern Energy Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Southern Energy Credit Union at a glance
Approval is 5.1 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 | 89% | 154 / 173 | 100% | $255K | 154 |
| Home improvement loans | 77% | 131 / 170 | 100% | $55K | 131 |
| Cash-out refinance | 73% | 48 / 66 | 100% | $325K | 48 |
| Refinance | 60% | 26 / 43 | 100% | $255K | 26 |
Southern Energy 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 Southern Energy Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Jefferson County, AL | Home improvement loans | 74% | 57 | 42 |
| Shelby County, AL | Mortgage lenders | 85% | 48 | 41 |
| Shelby County, AL | Home improvement loans | 74% | 34 | 25 |
| Jefferson County, AL | Cash-out refinance | 70% | 27 | 19 |
The county markets where Southern Energy Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Southern Energy Credit Union
What is Southern Energy Credit Union's mortgage approval rate?
Southern Energy Credit Union approved 79.7% of the 464 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.1 points above the 74.7% national rate for the same mix of loan types.
How often do borrowers take the loan Southern Energy Credit Union offers?
Borrowers accepted 100% of the loans Southern Energy Credit Union approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Southern Energy Credit Union make?
The typical home purchase mortgage loan Southern Energy Credit Union made was $255K; across all loan types its typical loan ran from $55K to $325K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Southern Energy Credit Union lend?
Southern Energy Credit Union decided applications in 4 of the states Fat Boy Data covers, most of them in Alabama, Georgia and Mississippi.
Can I apply to Southern Energy Credit Union directly?
Yes. Southern Energy Credit Union is a bank or credit union with 28 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Southern Energy 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 Southern Energy Credit Union treats applications, then get a rate quote from the lender.