Summit Credit Union (North Carolina) mortgage approval rate & lending review
Summit Credit Union (North Carolina) decided 436 mortgage applications and funded 429 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Summit Credit Union (North Carolina) reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Summit Credit Union (North Carolina) at a glance
Approval is 33.3 points above the 65.5% 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 | 98% | 51 / 52 | 96% | $235K | 49 |
| Home improvement loans | 99% | 329 / 333 | 100% | $55K | 329 |
Summit Credit Union (North Carolina) lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| North Carolina | 99% | $55K | 436 | 429 |
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 Summit Credit Union (North Carolina) lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Guilford County, NC | Home improvement loans | 99% | 127 | 126 |
| Forsyth County, NC | Home improvement loans | 97% | 69 | 67 |
| Catawba County, NC | Home improvement loans | 100% | 48 | 48 |
| Wake County, NC | Home improvement loans | 100% | 32 | 32 |
The county markets where Summit Credit Union (North Carolina) made the most loans. Each link opens that market with every lender ranked.
Questions about Summit Credit Union (North Carolina)
What is Summit Credit Union (North Carolina)'s mortgage approval rate?
Summit Credit Union (North Carolina) approved 98.9% of the 436 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 33.3 points above the 65.5% national rate for the same mix of loan types.
How often do borrowers take the loan Summit Credit Union (North Carolina) offers?
Borrowers accepted 100% of the loans Summit Credit Union (North Carolina) 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 Summit Credit Union (North Carolina) make?
The typical home improvement loan loan Summit Credit Union (North Carolina) made was $55K; across all loan types its typical loan ran from $55K to $235K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Summit Credit Union (North Carolina) lend?
Summit Credit Union (North Carolina) decided applications in 1 of the states Fat Boy Data covers, most of them in North Carolina.
Can I apply to Summit Credit Union (North Carolina) directly?
Yes. Summit Credit Union (North Carolina) is a bank or credit union with 81 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Summit Credit Union (North Carolina)'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 Summit Credit Union (North Carolina) treats applications, then get a rate quote from the lender.