VELOCITY COMMUNITY Federal Credit Union mortgage approval rate & lending review
VELOCITY COMMUNITY Federal Credit Union decided 559 mortgage applications and funded 329 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions VELOCITY COMMUNITY Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
VELOCITY COMMUNITY Federal Credit Union at a glance
Approval is 5.9 points below the 65.2% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Home improvement loans | 60% | 283 / 468 | 100% | $75K | 283 |
| Refinance | 59% | 43 / 73 | 100% | $155K | 43 |
VELOCITY COMMUNITY Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Florida | 59% | $75K | 559 | 329 |
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 VELOCITY COMMUNITY Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Palm Beach County, FL | Home improvement loans | 60% | 374 | 223 |
| Palm Beach County, FL | Refinance | 65% | 52 | 34 |
| Martin County, FL | Home improvement loans | 74% | 43 | 32 |
| St. Lucie County, FL | Home improvement loans | 55% | 33 | 18 |
The county markets where VELOCITY COMMUNITY Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about VELOCITY COMMUNITY Federal Credit Union
What is VELOCITY COMMUNITY Federal Credit Union's mortgage approval rate?
VELOCITY COMMUNITY Federal Credit Union approved 59.2% of the 559 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.9 points below the 65.2% national rate for the same mix of loan types.
How often do borrowers take the loan VELOCITY COMMUNITY Federal Credit Union offers?
Borrowers accepted 99% of the loans VELOCITY COMMUNITY Federal Credit Union 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 VELOCITY COMMUNITY Federal Credit Union make?
The typical home improvement loan loan VELOCITY COMMUNITY Federal Credit Union made was $75K; across all loan types its typical loan ran from $75K to $155K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does VELOCITY COMMUNITY Federal Credit Union lend?
VELOCITY COMMUNITY Federal Credit Union decided applications in 1 of the states Fat Boy Data covers, most of them in Florida.
Can I apply to VELOCITY COMMUNITY Federal Credit Union directly?
Yes. VELOCITY COMMUNITY Federal Credit Union is a bank or credit union with 3 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show VELOCITY COMMUNITY 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 VELOCITY COMMUNITY Federal Credit Union treats applications, then get a rate quote from the lender.