TEG Federal Credit Union mortgage approval rate & lending review
TEG Federal Credit Union decided 521 mortgage applications and funded 455 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions TEG Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
TEG Federal Credit Union at a glance
Approval is 6.5 points above the 83.9% 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 | 94% | 350 / 373 | 97% | $345K | 339 |
| Cash-out refinance | 68% | 45 / 66 | 98% | $155K | 44 |
| Investment property purchase | 98% | 41 / 42 | 95% | $295K | 39 |
TEG Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 91% | $345K | 508 | 446 |
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 TEG Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Dutchess County, NY | Mortgage lenders | 95% | 230 | 213 |
| Orange County, NY | Mortgage lenders | 90% | 90 | 78 |
| Dutchess County, NY | Cash-out refinance | 75% | 40 | 30 |
| Ulster County, NY | Mortgage lenders | 97% | 30 | 27 |
| Dutchess County, NY | Investment property purchase | 100% | 23 | 23 |
The county markets where TEG Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about TEG Federal Credit Union
What is TEG Federal Credit Union's mortgage approval rate?
TEG Federal Credit Union approved 90.4% of the 521 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.5 points above the 83.9% national rate for the same mix of loan types.
How often do borrowers take the loan TEG Federal Credit Union offers?
Borrowers accepted 97% of the loans TEG Federal 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 TEG Federal Credit Union make?
The typical home purchase mortgage loan TEG Federal Credit Union made was $345K; across all loan types its typical loan ran from $155K to $345K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does TEG Federal Credit Union lend?
TEG Federal Credit Union decided applications in 5 of the states Fat Boy Data covers, most of them in New York, Florida and New Jersey.
Can I apply to TEG Federal Credit Union directly?
Yes. TEG Federal Credit Union is a bank or credit union with 9 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show TEG 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 TEG Federal Credit Union treats applications, then get a rate quote from the lender.