# FirstLight Federal Credit Union

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


FirstLight Federal Credit Union is a credit union, headquartered in El Paso, TX, serving borrowers across 2 states, with 188 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 14% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 58% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300SGEJUQK4Q7ZY34
- **Headquarters:** El Paso, TX
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** NM, TX
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 86/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 42/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.343%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $429
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 188
- **Dollar Volume:** $30 million
- **Applications Received:** 1,035
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $160,479
- **Average Borrower Income:** $124,840
- **Average Property Value:** $268,883

## Safe Rate Awards 🏆

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

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 57/100 | 174 | +0.398% | $395 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 58 loans, Score: 43/100 (Sound)
- Refinance: 116 loans, Score: 71/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 43/100 | 72 | $16M | -0.026% | Sound ☺️ |
| Refinance | 70/100 | 116 | $14M | +0.562% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 135 | 0.04% | 66/100 |
| NM | 53 | 0.26% | 66/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| El Paso, TX | TX | 131 | 83/100 |
| Las Cruces, NM | NM | 52 | 73/100 |

## Where This Lender Ranks

FirstLight Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in El Paso, TX Credit Unions
  - [View Full Rankings](https://saferate.com/el-paso-tx/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in El Paso, TX for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/el-paso-tx/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in New Mexico Credit Unions
  - [View Full Rankings](https://saferate.com/new-mexico/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Las Cruces, NM
  - [View Full Rankings](https://saferate.com/las-cruces-nm/best-mortgage-lenders)
- 🏆 **#4** in Las Cruces, NM for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/las-cruces-nm/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in El Paso, TX
  - [View Full Rankings](https://saferate.com/el-paso-tx/best-mortgage-lenders)
- 🏆 **#5** in New Mexico for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/new-mexico/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#8** in El Paso, TX for Conventional Loans
  - [View Full Rankings](https://saferate.com/el-paso-tx/best-mortgage-lenders/conventional-loans)
- 🏆 **#11** in New Mexico
  - [View Full Rankings](https://saferate.com/new-mexico/best-mortgage-lenders)
- 🏆 **#12** in Las Cruces, NM for Conventional Loans
  - [View Full Rankings](https://saferate.com/las-cruces-nm/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

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

FirstLight 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 FirstLight Federal Credit Union offer mortgages?

FirstLight Federal Credit Union offers mortgages in 2 states: NM, TX.

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

FirstLight Federal Credit Union has a pricing score of 86/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.343% above market average.

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

FirstLight Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in El Paso, TX.

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

FirstLight Federal Credit Union has a pull-through score of 42/100 (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/firstlight-federal-credit-union

### How to Cite

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

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