# Blue Federal Credit Union

> **Canonical URL:** https://saferate.com/lenders/blue-federal-credit-union


> **📋 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


Blue Federal Credit Union is a credit union, headquartered in Cheyenne, WY, serving borrowers across 3 states, with 70 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 57% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 55% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900XZCT60J2G3HK85
- **Headquarters:** Cheyenne, WY
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** AZ, CO, WY
- **Markets (MSAs):** 2
- **Primary Channel:** mix
- **Direct Origination:** 54.3%
- **Brokered/Wholesale:** 45.7%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 43/100
- Rating: ●●●○○ (3/5)

### Pull Through: Sound ☺️
- Score: 45/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.273%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,661
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 70
- **Dollar Volume:** $34 million
- **Applications Received:** 92
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $489,286
- **Average Borrower Income:** $179,200
- **Average Property Value:** $740,286

## Safe Rate Awards 🏆

- ⭐ **Refinance Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 43/100 | 62 | -0.288% | $3,534 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 28 loans, Score: 26/100 (Acceptable)
- Refinance: 34 loans, Score: 56/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 26/100 | 29 | $12M | -0.098% | Acceptable 🙂 |
| Refinance | 57/100 | 41 | $23M | -0.436% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CO | 44 | 0.05% | 62/100 |
| WY | 25 | 0.40% | 63/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cheyenne, WY | WY | 22 | 64/100 |
| Non |  | 18 | 36/100 |

## Where This Lender Ranks

Blue Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Wyoming Credit Unions
  - [View Full Rankings](https://saferate.com/wyoming/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Wyoming for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/wyoming/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#8** in Cheyenne, WY
  - [View Full Rankings](https://saferate.com/cheyenne-wy/best-mortgage-lenders)
- 🏆 **#12** in Cheyenne, WY for Conventional Loans
  - [View Full Rankings](https://saferate.com/cheyenne-wy/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Blue Federal Credit Union offer?

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

### Where does Blue Federal Credit Union offer mortgages?

Blue Federal Credit Union offers mortgages in 3 states: AZ, CO, WY.

### How competitive are Blue Federal Credit Union's mortgage rates?

Blue Federal Credit Union has a pricing score of 43/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.273% below market average.

### What type of lender is Blue Federal Credit Union?

Blue Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Cheyenne, WY.

### What is Blue Federal Credit Union's loan approval success rate?

Blue Federal Credit Union has a pull-through score of 45/100 (Sound). 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/blue-federal-credit-union

### How to Cite

> "Blue Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/blue-federal-credit-union

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