Lender profile · HMDA 2023–2025
USAA Federal Savings Bank mortgage approval rates & lending data
USAA Federal Savings Bank decided 40,035 mortgage applications and funded 26,256 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 71% | 22,347 / 31,564 | 99% | $335K | 22,112 |
| Home improvement loans | 45% | 230 / 516 | 99% | $115K | 227 |
| Cash-out refinance | 50% | 1,928 / 3,893 | 99% | $265K | 1,904 |
| Refinance | 56% | 1,076 / 1,920 | 96% | $355K | 1,032 |
| Investment property purchase | 50% | 861 / 1,734 | 98% | $215K | 842 |
| Investment cash-out refinance | 28% | 61 / 215 | 97% | $155K | 59 |
| Investment refinance | 45% | 37 / 83 | 100% | $205K | 37 |
| Investment home improvement | 40% | 44 / 110 | 98% | $105K | 43 |
USAA Federal Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 66% | $325K | 4,733 | 3,063 |
| Florida | 64% | $345K | 4,074 | 2,589 |
| North Carolina | 69% | $315K | 2,427 | 1,661 |
| Georgia | 64% | $325K | 1,879 | 1,196 |
| California | 54% | $515K | 1,556 | 827 |
| Ohio | 70% | $265K | 1,449 | 1,007 |
| South Carolina | 64% | $295K | 1,411 | 896 |
| Pennsylvania | 70% | $295K | 1,376 | 940 |
| Arizona | 68% | $405K | 1,191 | 804 |
| Virginia | 64% | $415K | 1,188 | 751 |
| Illinois | 68% | $325K | 1,152 | 768 |
| Alabama | 70% | $305K | 1,061 | 740 |
| New York | 55% | $275K | 1,058 | 574 |
| Tennessee | 72% | $335K | 1,046 | 746 |
| Washington | 70% | $475K | 983 | 683 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.