# DEPARTMENT OF COMMERCE

> **Canonical URL:** https://saferate.com/lenders/department-of-commerce


> **📋 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


DEPARTMENT OF COMMERCE is a credit union, headquartered in Washington, DC, serving borrowers across 6 states, with 10 loans originated in the most recent reporting period.

**At a Glance:**
- **Approval Rate:** Ranks in the top 72% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300U8E8RBG5YNMP39
- **Headquarters:** Washington, DC
- **Geographic Reach:** Multi-Region
- **States Served:** 6
- **State List:** FL, GA, IL, MD, PA, VA
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pull Through: Acceptable 🙂
- Score: 28/100
- Rating: ●●○○○ (2/5)


### Lending Volume
- **Total Loans:** 10
- **Dollar Volume:** $2 million
- **Applications Received:** 20
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $235,000
- **Average Borrower Income:** $104,700
- **Average Property Value:** $396,000

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 14/100 | 10 | +0.046% | $882 | Mediocre 😐 |

### Product Performance by Purpose

## Frequently Asked Questions

### What loan types does DEPARTMENT OF COMMERCE offer?

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

### Where does DEPARTMENT OF COMMERCE offer mortgages?

DEPARTMENT OF COMMERCE offers mortgages in 6 states: FL, GA, IL, MD, PA, VA.

### What type of lender is DEPARTMENT OF COMMERCE?

DEPARTMENT OF COMMERCE is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Washington, DC.

### What is DEPARTMENT OF COMMERCE's loan approval success rate?

DEPARTMENT OF COMMERCE has a pull-through score of 28/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## 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/department-of-commerce

### How to Cite

> "DEPARTMENT OF COMMERCE Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/department-of-commerce

---

**[View Interactive Profile →](https://saferate.com/lenders/department-of-commerce)**