Towpath Credit Union, Inc. mortgage approval rate & lending review
Towpath Credit Union, Inc. decided 538 mortgage applications and funded 405 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Towpath Credit Union, Inc. reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Towpath Credit Union, Inc. at a glance
Approval is 6.4 points above the 69.6% 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 | 77% | 91 / 118 | 98% | $125K | 89 |
| Home improvement loans | 78% | 264 / 340 | 100% | $45K | 264 |
| Cash-out refinance | 53% | 17 / 32 | 88% | $115K | 15 |
| Refinance | 79% | 30 / 38 | 100% | $65K | 30 |
Towpath Credit Union, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Ohio | 76% | $45K | 535 | 403 |
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 Towpath Credit Union, Inc. lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Summit County, OH | Home improvement loans | 75% | 285 | 215 |
| Summit County, OH | Mortgage lenders | 77% | 92 | 69 |
| Summit County, OH | Refinance | 83% | 30 | 25 |
| Summit County, OH | Cash-out refinance | 50% | 24 | 11 |
The county markets where Towpath Credit Union, Inc. made the most loans. Each link opens that market with every lender ranked.
Questions about Towpath Credit Union, Inc.
What is Towpath Credit Union, Inc.'s mortgage approval rate?
Towpath Credit Union, Inc. approved 76.0% of the 538 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.4 points above the 69.6% national rate for the same mix of loan types.
How often do borrowers take the loan Towpath Credit Union, Inc. offers?
Borrowers accepted 99% of the loans Towpath Credit Union, Inc. 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 Towpath Credit Union, Inc. make?
The typical home improvement loan loan Towpath Credit Union, Inc. made was $45K; across all loan types its typical loan ran from $45K to $125K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Towpath Credit Union, Inc. lend?
Towpath Credit Union, Inc. decided applications in 3 of the states Fat Boy Data covers, most of them in Ohio, Florida and Arizona.
Can I apply to Towpath Credit Union, Inc. directly?
Yes. Towpath Credit Union, Inc. is a bank or credit union with 4 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Towpath Credit Union, Inc.'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 Towpath Credit Union, Inc. treats applications, then get a rate quote from the lender.