Third Federal Savings And Loan Association Of Cleveland mortgage approval rate & lending review
Third Federal Savings And Loan Association Of Cleveland decided 66,108 mortgage applications and funded 41,714 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Third Federal Savings And Loan Association Of Cleveland reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Third Federal Savings And Loan Association Of Cleveland at a glance
Approval is 5.8 points below the 72.0% 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 | 88% | 9,477 / 10,817 | 94% | $225K | 8,877 |
| Home improvement loans | 60% | 17,650 / 29,632 | 96% | $85K | 16,925 |
| Cash-out refinance | 64% | 837 / 1,309 | 91% | $195K | 763 |
| Refinance | 65% | 15,616 / 24,170 | 96% | $155K | 14,993 |
| Investment property purchase | 96% | 162 / 169 | 94% | $205K | 153 |
Third Federal Savings And Loan Association Of Cleveland lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Ohio | 77% | $105K | 22,208 | 16,470 |
| Florida | 57% | $155K | 15,716 | 8,471 |
| California | 59% | $135K | 7,851 | 4,407 |
| New Jersey | 60% | $205K | 2,796 | 1,620 |
| Georgia | 63% | $105K | 2,312 | 1,403 |
| North Carolina | 69% | $175K | 2,067 | 1,351 |
| Illinois | 64% | $105K | 1,520 | 932 |
| Virginia | 66% | $115K | 1,366 | 853 |
| Pennsylvania | 67% | $165K | 1,305 | 836 |
| Washington | 61% | $205K | 1,214 | 718 |
| Colorado | 62% | $185K | 1,139 | 677 |
| Maryland | 62% | $105K | 761 | 438 |
| New York | 52% | $205K | 761 | 372 |
| Massachusetts | 62% | $205K | 753 | 440 |
| Tennessee | 69% | $105K | 649 | 434 |
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 Third Federal Savings And Loan Association Of Cleveland lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Cuyahoga County, OH | Mortgage lenders | 93% | 2,469 | 2,215 |
| Cuyahoga County, OH | Refinance | 76% | 1,989 | 1,457 |
| Cuyahoga County, OH | Home improvement loans | 60% | 2,234 | 1,297 |
| Palm Beach County, FL | Home improvement loans | 50% | 1,324 | 644 |
| Summit County, OH | Mortgage lenders | 94% | 716 | 642 |
| Franklin County, OH | Home improvement loans | 65% | 978 | 609 |
| Lorain County, OH | Mortgage lenders | 95% | 608 | 545 |
| Franklin County, OH | Mortgage lenders | 92% | 612 | 526 |
| Summit County, OH | Refinance | 76% | 691 | 506 |
| Lake County, OH | Mortgage lenders | 97% | 542 | 500 |
| Franklin County, OH | Refinance | 72% | 719 | 493 |
| Los Angeles County, CA | Home improvement loans | 57% | 886 | 479 |
The county markets where Third Federal Savings And Loan Association Of Cleveland made the most loans. Each link opens that market with every lender ranked.
Questions about Third Federal Savings And Loan Association Of Cleveland
What is Third Federal Savings And Loan Association Of Cleveland's mortgage approval rate?
Third Federal Savings And Loan Association Of Cleveland approved 66.2% of the 66,108 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.8 points below the 72.0% national rate for the same mix of loan types.
How often do borrowers take the loan Third Federal Savings And Loan Association Of Cleveland offers?
Borrowers accepted 95% of the loans Third Federal Savings And Loan Association Of Cleveland 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 Third Federal Savings And Loan Association Of Cleveland make?
The typical home improvement loan loan Third Federal Savings And Loan Association Of Cleveland made was $85K; across all loan types its typical loan ran from $85K to $225K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Third Federal Savings And Loan Association Of Cleveland lend?
Third Federal Savings And Loan Association Of Cleveland decided applications in 29 of the states Fat Boy Data covers, most of them in Ohio, Florida and California.
Can I apply to Third Federal Savings And Loan Association Of Cleveland directly?
Yes. Third Federal Savings And Loan Association Of Cleveland 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 Third Federal Savings And Loan Association Of Cleveland'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 Third Federal Savings And Loan Association Of Cleveland treats applications, then get a rate quote from the lender.