Lender profile · HMDA 2023–2025
VELOCITY Credit Union mortgage approval rates & lending data
VELOCITY Credit Union decided 626 mortgage applications and funded 325 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 | 84% | 42 / 50 | 98% | $425K | 41 |
| Home improvement loans | 69% | 22 / 32 | 100% | $75K | 22 |
| Cash-out refinance | 50% | 263 / 524 | 96% | $65K | 253 |
VELOCITY Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Texas | 54% | $65K | 626 | 325 |
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.