# ERIE FEDERAL CREDIT UNION

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


ERIE FEDERAL CREDIT UNION is a credit union, headquartered in Erie, PA, with 57 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 63% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 68% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300FL5GANFX0HMU45
- **Headquarters:** Erie, PA
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** PA
- **Markets (MSAs):** 1
- **Primary Channel:** mix
- **Direct Origination:** 73.5%
- **Brokered/Wholesale:** 26.5%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 37/100
- Rating: ●●○○○ (2/5)

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

### Pricing Details
- **Average Rate Spread:** +0.343%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $0
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 57
- **Dollar Volume:** $5 million
- **Applications Received:** 98
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $88,860
- **Average Borrower Income:** $69,421
- **Average Property Value:** $186,404

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 45/100 | 57 | +0.343% | $0 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Refinance: 43 loans, Score: 63/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 27/100 | 14 | $2M | +0.470% | Acceptable 🙂 |
| Refinance | 62/100 | 43 | $3M | +0.333% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| PA | 57 | 0.05% | 65/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Erie, PA | PA | 57 | 76/100 |

## Where This Lender Ranks

ERIE FEDERAL CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Erie, PA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/erie-pa/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#20** in Erie, PA
  - [View Full Rankings](https://saferate.com/erie-pa/best-mortgage-lenders)

## Frequently Asked Questions

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

ERIE 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 ERIE FEDERAL CREDIT UNION offer mortgages?

ERIE FEDERAL CREDIT UNION offers mortgages in 1 states: PA.

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

ERIE FEDERAL CREDIT UNION has a pricing score of 37/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.343% above market average.

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

ERIE FEDERAL CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Erie, PA.

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

ERIE FEDERAL CREDIT UNION has a pull-through score of 32/100 (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/erie-federal-credit-union

### How to Cite

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

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