# CHARTWAY FEDERAL CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/chartway-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


CHARTWAY FEDERAL CREDIT UNION is a credit union, headquartered in Virginia Beach, VA, serving borrowers across 5 states, with 152 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 68% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 41% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300NWKILSNQAIG053
- **Headquarters:** Virginia Beach, VA
- **Geographic Reach:** Regional
- **States Served:** 5
- **State List:** FL, NC, TX, UT, VA
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 32/100
- Rating: ●●○○○ (2/5)

### Pull Through: Sound ☺️
- Score: 59/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.190%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $4,394
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 152
- **Dollar Volume:** $55 million
- **Applications Received:** 199
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $362,105
- **Average Borrower Income:** $116,704
- **Average Property Value:** $453,750

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 42/100 | 150 | -0.175% | $4,433 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 115 loans, Score: 42/100 (Sound)
- Refinance: 35 loans, Score: 47/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 40/100 | 116 | $48M | -0.333% | Sound ☺️ |
| Refinance | 43/100 | 36 | $7M | +0.311% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| UT | 101 | 0.22% | 71/100 |
| VA | 41 | 0.04% | 59/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Salt Lake City | UT | 62 | 70/100 |
| Virginia Beach | VA-NC | 40 | 62/100 |
| Ogden, UT | UT | 12 | 48/100 |
| Provo | UT | 11 | 47/100 |
| Non |  | 10 | 24/100 |

## Where This Lender Ranks

CHARTWAY FEDERAL CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#8** in Salt Lake City Credit Unions
  - [View Full Rankings](https://saferate.com/salt-lake-city/best-mortgage-lenders/credit-unions)
- 🏆 **#8** in Salt Lake City for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/salt-lake-city/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#9** in Utah Credit Unions
  - [View Full Rankings](https://saferate.com/utah/best-mortgage-lenders/credit-unions)
- 🏆 **#9** in Utah for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/utah/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

### What loan types does CHARTWAY FEDERAL CREDIT UNION offer?

CHARTWAY 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 CHARTWAY FEDERAL CREDIT UNION offer mortgages?

CHARTWAY FEDERAL CREDIT UNION offers mortgages in 5 states: FL, NC, TX, UT, VA.

### How competitive are CHARTWAY FEDERAL CREDIT UNION's mortgage rates?

CHARTWAY FEDERAL CREDIT UNION has a pricing score of 32/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.190% below market average.

### What type of lender is CHARTWAY FEDERAL CREDIT UNION?

CHARTWAY FEDERAL CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Virginia Beach, VA.

### What is CHARTWAY FEDERAL CREDIT UNION's loan approval success rate?

CHARTWAY FEDERAL CREDIT UNION has a pull-through score of 59/100 (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/chartway-federal-credit-union

### How to Cite

> "CHARTWAY FEDERAL CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/chartway-federal-credit-union

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