Whatcom Educational Credit Union mortgage approval rate & lending review
Whatcom Educational Credit Union decided 2,718 mortgage applications and funded 2,168 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Whatcom Educational Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Whatcom Educational Credit Union at a glance
Approval is 9.0 points above the 71.3% 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 | 90% | 649 / 723 | 99% | $425K | 645 |
| Home improvement loans | 77% | 985 / 1,275 | 99% | $75K | 976 |
| Cash-out refinance | 78% | 389 / 496 | 99% | $155K | 387 |
| Refinance | 71% | 48 / 68 | 100% | $365K | 48 |
| Investment property purchase | 80% | 53 / 66 | 100% | $295K | 53 |
| Investment cash-out refinance | 76% | 19 / 25 | 100% | $425K | 19 |
| Investment refinance | 80% | 20 / 25 | 100% | $1M | 20 |
| Investment home improvement | 50% | 20 / 40 | 100% | $75K | 20 |
Whatcom Educational Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Washington | 80% | $155K | 2,718 | 2,168 |
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 Whatcom Educational Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Whatcom County, WA | Home improvement loans | 80% | 1,070 | 846 |
| Whatcom County, WA | Mortgage lenders | 89% | 599 | 533 |
| Whatcom County, WA | Cash-out refinance | 79% | 405 | 317 |
| Skagit County, WA | Home improvement loans | 71% | 106 | 71 |
| Skagit County, WA | Mortgage lenders | 88% | 76 | 67 |
| Whatcom County, WA | Investment property purchase | 82% | 55 | 45 |
| Skagit County, WA | Cash-out refinance | 77% | 53 | 41 |
| Whatcom County, WA | Refinance | 77% | 53 | 41 |
| Snohomish County, WA | Home improvement loans | 63% | 41 | 26 |
| King County, WA | Home improvement loans | 48% | 25 | 12 |
The county markets where Whatcom Educational Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Whatcom Educational Credit Union
What is Whatcom Educational Credit Union's mortgage approval rate?
Whatcom Educational Credit Union approved 80.3% of the 2,718 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.0 points above the 71.3% national rate for the same mix of loan types.
How often do borrowers take the loan Whatcom Educational Credit Union offers?
Borrowers accepted 99% of the loans Whatcom Educational 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 Whatcom Educational Credit Union make?
The typical home improvement loan loan Whatcom Educational Credit Union made was $75K; across all loan types its typical loan ran from $75K to $1M. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Whatcom Educational Credit Union lend?
Whatcom Educational Credit Union decided applications in 1 of the states Fat Boy Data covers, most of them in Washington.
Can I apply to Whatcom Educational Credit Union directly?
Yes. Whatcom Educational Credit Union is a bank or credit union with 12 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Whatcom Educational 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 Whatcom Educational Credit Union treats applications, then get a rate quote from the lender.