# Beacon Credit Union, Incorporated

> **Canonical URL:** https://saferate.com/lenders/beacon-credit-union-incorporated


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Beacon Credit Union, Incorporated is a credit union, headquartered in Lynchburg, VA, with 30 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 42% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 62% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900EEAW181JIGNK52
- **Headquarters:** Lynchburg, VA
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** VA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 58/100
- Rating: ●●●○○ (3/5)

### Pull Through: Acceptable 🙂
- Score: 38/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.257%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,058
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 30
- **Dollar Volume:** $8 million
- **Applications Received:** 42
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $250,333
- **Average Borrower Income:** $115,267
- **Average Property Value:** $342,333

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 30/100 | 30 | -0.257% | $2,058 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 25 loans, Score: 29/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 29/100 | 25 | $6M | -0.286% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| VA | 30 | 0.03% | 61/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Lynchburg, VA | VA | 21 | 65/100 |

## Where This Lender Ranks

Beacon Credit Union, Incorporated appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Lynchburg, VA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/lynchburg-va/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

### What loan types does Beacon Credit Union, Incorporated offer?

Beacon Credit Union, Incorporated offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Beacon Credit Union, Incorporated offer mortgages?

Beacon Credit Union, Incorporated offers mortgages in 1 states: VA.

### How competitive are Beacon Credit Union, Incorporated's mortgage rates?

Beacon Credit Union, Incorporated has a pricing score of 58/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.257% below market average.

### What type of lender is Beacon Credit Union, Incorporated?

Beacon Credit Union, Incorporated is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Lynchburg, VA.

### What is Beacon Credit Union, Incorporated's loan approval success rate?

Beacon Credit Union, Incorporated has a pull-through score of 38/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/beacon-credit-union-incorporated

### How to Cite

> "Beacon Credit Union, Incorporated Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/beacon-credit-union-incorporated

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