Workers Federal Credit Union mortgage approval rate & lending review
Workers Federal Credit Union decided 2,817 mortgage applications and funded 2,292 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Workers Federal Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Workers Federal Credit Union at a glance
Approval is 13.5 points above the 71.9% 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 | 89% | 569 / 636 | 95% | $525K | 543 |
| Home improvement loans | 84% | 894 / 1,064 | 96% | $75K | 857 |
| Cash-out refinance | 81% | 624 / 770 | 94% | $135K | 589 |
| Refinance | 78% | 39 / 50 | 85% | $585K | 33 |
| Investment property purchase | 98% | 142 / 145 | 96% | $585K | 137 |
| Investment cash-out refinance | 93% | 77 / 83 | 96% | $645K | 74 |
| Investment refinance | 93% | 53 / 57 | 98% | $785K | 52 |
Workers Federal Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 85% | $135K | 2,632 | 2,135 |
| New Hampshire | 88% | $155K | 184 | 156 |
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 Workers Federal Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Worcester County, MA | Home improvement loans | 86% | 487 | 400 |
| Middlesex County, MA | Home improvement loans | 86% | 332 | 277 |
| Worcester County, MA | Cash-out refinance | 81% | 359 | 271 |
| Middlesex County, MA | Cash-out refinance | 84% | 249 | 203 |
| Middlesex County, MA | Mortgage lenders | 92% | 213 | 189 |
| Worcester County, MA | Mortgage lenders | 84% | 203 | 156 |
| Essex County, MA | Home improvement loans | 75% | 65 | 47 |
| Suffolk County, MA | Mortgage lenders | 98% | 44 | 43 |
| Hillsborough County, NH | Home improvement loans | 85% | 48 | 39 |
| Suffolk County, MA | Investment property purchase | 98% | 40 | 37 |
| Middlesex County, MA | Investment property purchase | 100% | 36 | 36 |
| Suffolk County, MA | Investment cash-out refinance | 100% | 35 | 34 |
The county markets where Workers Federal Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Workers Federal Credit Union
What is Workers Federal Credit Union's mortgage approval rate?
Workers Federal Credit Union approved 85.4% of the 2,817 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 13.5 points above the 71.9% national rate for the same mix of loan types.
How often do borrowers take the loan Workers Federal Credit Union offers?
Borrowers accepted 95% of the loans Workers 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 Workers Federal Credit Union make?
The typical home improvement loan loan Workers Federal Credit Union made was $75K; across all loan types its typical loan ran from $75K to $785K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Workers Federal Credit Union lend?
Workers Federal Credit Union decided applications in 3 of the states Fat Boy Data covers, most of them in Massachusetts, New Hampshire and Connecticut.
Can I apply to Workers Federal Credit Union directly?
Yes. Workers Federal Credit Union is a bank or credit union with 13 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Workers 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 Workers Federal Credit Union treats applications, then get a rate quote from the lender.