Teachers Federal Credit Union mortgage approval rate & lending review
Teachers Federal Credit Union decided 5,174 mortgage applications and funded 4,478 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Teachers Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Teachers Federal Credit Union at a glance
Approval is 16.5 points above the 74.0% 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 | 95% | 1,101 / 1,161 | 96% | $415K | 1,053 |
| Home improvement loans | 85% | 78 / 92 | 94% | $145K | 73 |
| Cash-out refinance | 89% | 2,748 / 3,094 | 95% | $95K | 2,622 |
| Refinance | 93% | 576 / 617 | 97% | $105K | 558 |
| Investment property purchase | 88% | 97 / 110 | 98% | $345K | 95 |
| Investment cash-out refinance | 81% | 68 / 84 | 96% | $155K | 65 |
Teachers Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 91% | $95K | 4,246 | 3,676 |
| California | 96% | $915K | 296 | 275 |
| Florida | 85% | $275K | 236 | 193 |
| New Jersey | 87% | $65K | 83 | 70 |
| Texas | 92% | $405K | 50 | 44 |
| Pennsylvania | 86% | $165K | 43 | 36 |
| North Carolina | 95% | $475K | 38 | 36 |
| South Carolina | 70% | $65K | 27 | 18 |
| Connecticut | 70% | $185K | 20 | 13 |
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 Teachers Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Suffolk County, NY | Cash-out refinance | 90% | 2,348 | 2,010 |
| Suffolk County, NY | Mortgage lenders | 97% | 473 | 439 |
| Suffolk County, NY | Refinance | 93% | 399 | 361 |
| Nassau County, NY | Cash-out refinance | 90% | 304 | 264 |
| Nassau County, NY | Mortgage lenders | 96% | 121 | 110 |
| Queens County, NY | Cash-out refinance | 87% | 76 | 61 |
| Nassau County, NY | Refinance | 93% | 68 | 60 |
| Suffolk County, NY | Home improvement loans | 87% | 47 | 37 |
| Suffolk County, NY | Investment cash-out refinance | 83% | 47 | 36 |
| Queens County, NY | Refinance | 90% | 21 | 19 |
| Suffolk County, NY | Investment property purchase | 85% | 20 | 17 |
The county markets where Teachers Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Teachers Federal Credit Union
What is Teachers Federal Credit Union's mortgage approval rate?
Teachers Federal Credit Union approved 90.5% of the 5,174 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 16.5 points above the 74.0% national rate for the same mix of loan types.
How often do borrowers take the loan Teachers Federal Credit Union offers?
Borrowers accepted 96% of the loans Teachers Federal 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 Teachers Federal Credit Union make?
The typical cash-out refinance loan Teachers Federal Credit Union made was $95K; across all loan types its typical loan ran from $95K to $415K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Teachers Federal Credit Union lend?
Teachers Federal Credit Union decided applications in 38 of the states Fat Boy Data covers, most of them in New York, California and Florida.
Can I apply to Teachers Federal Credit Union directly?
Yes. Teachers Federal Credit Union is a bank or credit union with 35 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Teachers Federal 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 Teachers Federal Credit Union treats applications, then get a rate quote from the lender.