# COMMONWEALTH

> **Canonical URL:** https://saferate.com/lenders/commonwealth


> **📋 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


COMMONWEALTH is a credit union, headquartered in Frankfort, KY, with 264 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 8% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 56% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300CUF3Q2PQGM9256
- **Headquarters:** Frankfort, KY
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** KY
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 92/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 44/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.086%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $652
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 264
- **Dollar Volume:** $55 million
- **Applications Received:** 534
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $208,220
- **Average Borrower Income:** $119,027
- **Average Property Value:** $311,818

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (65%)
- ⭐ **Refinance Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 55/100 | 263 | -0.086% | $652 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 154 loans, Score: 48/100 (Sound)
- Refinance: 109 loans, Score: 66/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 47/100 | 155 | $35M | -0.047% | Sound ☺️ |
| Refinance | 63/100 | 109 | $20M | -0.133% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| KY | 264 | 0.57% | 83/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 145 | 63/100 |
| Lexington | KY | 61 | 74/100 |
| Louisville/Jefferson County, KY | KY-IN | 50 | 66/100 |

## Where This Lender Ranks

COMMONWEALTH appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Lexington for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/lexington/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Kentucky Credit Unions
  - [View Full Rankings](https://saferate.com/kentucky/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Kentucky for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/kentucky/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in Louisville/Jefferson County, KY Credit Unions
  - [View Full Rankings](https://saferate.com/louisvillejefferson-county-ky/best-mortgage-lenders/credit-unions)
- 🏆 **#6** in Louisville/Jefferson County, KY for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/louisvillejefferson-county-ky/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#13** in Kentucky
  - [View Full Rankings](https://saferate.com/kentucky/best-mortgage-lenders)
- 🏆 **#16** in Lexington
  - [View Full Rankings](https://saferate.com/lexington/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does COMMONWEALTH offer?

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

### Where does COMMONWEALTH offer mortgages?

COMMONWEALTH offers mortgages in 1 states: KY.

### How competitive are COMMONWEALTH's mortgage rates?

COMMONWEALTH has a pricing score of 92/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.086% below market average.

### What type of lender is COMMONWEALTH?

COMMONWEALTH is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Frankfort, KY.

### What is COMMONWEALTH's loan approval success rate?

COMMONWEALTH has a pull-through score of 44/100 (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/commonwealth

### How to Cite

> "COMMONWEALTH Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/commonwealth

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