The People's Credit Union mortgage approval rate & lending review
The People's Credit Union decided 537 mortgage applications and funded 415 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions The People's Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
The People's Credit Union at a glance
Approval is 1.4 points below the 79.6% 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 | 83% | 263 / 317 | 100% | $105K | 262 |
| Home improvement loans | 73% | 67 / 92 | 94% | $65K | 63 |
| Cash-out refinance | 65% | 55 / 85 | 100% | $155K | 55 |
| Refinance | 86% | 24 / 28 | 100% | $155K | 24 |
The People's Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Rhode Island | 79% | $155K | 256 | 196 |
| New York | 76% | $75K | 101 | 77 |
| Massachusetts | 84% | $505K | 79 | 66 |
| New Jersey | 74% | $105K | 47 | 35 |
| Delaware | 81% | $95K | 27 | 22 |
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 The People's Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Washington County, RI | Home improvement loans | 72% | 36 | 24 |
| Kent County, RI | Mortgage lenders | 92% | 25 | 23 |
| Washington County, RI | Mortgage lenders | 95% | 22 | 21 |
| Saratoga County, NY | Mortgage lenders | 68% | 25 | 17 |
| Providence County, RI | Home improvement loans | 69% | 26 | 17 |
| Washington County, RI | Cash-out refinance | 65% | 26 | 17 |
| Providence County, RI | Cash-out refinance | 57% | 21 | 12 |
The county markets where The People's Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about The People's Credit Union
What is The People's Credit Union's mortgage approval rate?
The People's Credit Union approved 78.2% of the 537 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.4 points below the 79.6% national rate for the same mix of loan types.
How often do borrowers take the loan The People's Credit Union offers?
Borrowers accepted 99% of the loans The People's 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 The People's Credit Union make?
The typical home purchase mortgage loan The People's Credit Union made was $105K; across all loan types its typical loan ran from $65K to $155K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does The People's Credit Union lend?
The People's Credit Union decided applications in 7 of the states Fat Boy Data covers, most of them in Rhode Island, New York and Massachusetts.
Can I apply to The People's Credit Union directly?
Yes. The People's Credit Union is a bank or credit union with 6 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show The People's 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 The People's Credit Union treats applications, then get a rate quote from the lender.