# Frankenmuth Credit Union

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


Frankenmuth Credit Union is a credit union, headquartered in Frankenmuth, MI, with 374 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 29% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 23% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900BQVRDMH5K9QS04
- **Headquarters:** Frankenmuth, MI
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** MI
- **Markets (MSAs):** 6
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 71/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 77/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.250%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,152
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 374
- **Dollar Volume:** $79 million
- **Applications Received:** 411
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $210,668
- **Average Borrower Income:** $111,070
- **Average Property Value:** $272,219

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (77%)
- ⭐ **Purchase Gold Superstar** (70%)
- ⭐ **Refinance Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 71/100 | 360 | +0.240% | $1,161 | Strong 😀 |
| USDA | 71/100 | 12 | +0.592% | $981 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 314 loans, Score: 71/100 (Strong)
- Refinance: 46 loans, Score: 59/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 69/100 | 328 | $73M | +0.218% | Strong 😀 |
| Refinance | 58/100 | 46 | $6M | +0.498% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 374 | 0.33% | 79/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Saginaw, MI | MI | 173 | 100/100 |
| Non |  | 99 | 55/100 |
| Bay City, MI | MI | 40 | 75/100 |
| Flint, MI | MI | 24 | 57/100 |
| Warren | MI | 15 | 47/100 |
| Midland, MI | MI | 12 | 48/100 |

## Where This Lender Ranks

Frankenmuth Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Saginaw, MI for USDA Loans
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in Saginaw, MI for USDA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders/credit-unions/usda-loans)
- 🥇 **#1** in Bay City, MI Credit Unions
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in Saginaw, MI
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders)
- 🥈 **#2** in Saginaw, MI Credit Unions
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in Saginaw, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Bay City, MI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Midland, MI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Bay City, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders/conventional-loans)
- 🏆 **#4** in Flint, MI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/flint-mi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in Bay City, MI
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders)
- 🏆 **#6** in Flint, MI Credit Unions
  - [View Full Rankings](https://saferate.com/flint-mi/best-mortgage-lenders/credit-unions)
- 🏆 **#7** in Michigan for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#7** in Midland, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/conventional-loans)
- 🏆 **#8** in Michigan Credit Unions
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/credit-unions)
- 🏆 **#8** in Michigan for USDA Loans
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/usda-loans)
- 🏆 **#11** in Flint, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/flint-mi/best-mortgage-lenders/conventional-loans)
- 🏆 **#15** in Flint, MI
  - [View Full Rankings](https://saferate.com/flint-mi/best-mortgage-lenders)
- 🏆 **#17** in Michigan for Conventional Loans
  - [View Full Rankings](https://saferate.com/michigan/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Frankenmuth Credit Union offer?

Frankenmuth Credit Union offers the following mortgage loan types: Conventional, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Frankenmuth Credit Union offer mortgages?

Frankenmuth Credit Union offers mortgages in 1 states: MI.

### How competitive are Frankenmuth Credit Union's mortgage rates?

Frankenmuth Credit Union has a pricing score of 71/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.250% above market average.

### What type of lender is Frankenmuth Credit Union?

Frankenmuth Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Frankenmuth, MI.

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

Frankenmuth Credit Union has a pull-through score of 77/100 (Strong). 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/frankenmuth-credit-union

### How to Cite

> "Frankenmuth Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/frankenmuth-credit-union

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