# FREEDOM FIRST Federal Credit Union

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


FREEDOM FIRST Federal Credit Union is a credit union, headquartered in Roanoke, VA, serving borrowers across 9 states, with 324 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 37% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 28% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300KGMXCXMVC0BO47
- **Headquarters:** Roanoke, VA
- **Geographic Reach:** Multi-Region
- **States Served:** 9
- **State List:** AL, DE, FL, GA, MI, NC, NJ, SC, VA
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 63/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 72/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.201%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,623
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 324
- **Dollar Volume:** $101 million
- **Applications Received:** 439
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $312,747
- **Average Borrower Income:** $139,796
- **Average Property Value:** $426,265

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **FHA Gold Superstar** (78%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 66/100 | 253 | +0.205% | $1,655 | Strong 😀 |
| FHA | 66/100 | 49 | +0.264% | $1,649 | Strong 😀 |
| Jumbo | 40/100 | 10 | +0.210% | $-53 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 209 loans, Score: 65/100 (Strong)
- Refinance: 44 loans, Score: 59/100 (Sound)

**FHA:**
- Purchase: 43 loans, Score: 65/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 66/100 | 273 | $89M | +0.147% | Strong 😀 |
| Refinance | 60/100 | 51 | $13M | +0.515% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| VA | 311 | 0.29% | 82/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Roanoke, VA | VA | 130 | 90/100 |
| Blacksburg | VA | 93 | 94/100 |
| Lynchburg, VA | VA | 48 | 73/100 |
| Non |  | 19 | 30/100 |

## Where This Lender Ranks

FREEDOM FIRST Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Virginia for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/fha-loans)
- 🥇 **#1** in Roanoke, VA
  - [View Full Rankings](https://saferate.com/roanoke-va/best-mortgage-lenders)
- 🥇 **#1** in Roanoke, VA for FHA Loans
  - [View Full Rankings](https://saferate.com/roanoke-va/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Blacksburg
  - [View Full Rankings](https://saferate.com/blacksburg/best-mortgage-lenders)
- 🥇 **#1** in Blacksburg for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/blacksburg/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Roanoke, VA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/roanoke-va/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Blacksburg for FHA Loans
  - [View Full Rankings](https://saferate.com/blacksburg/best-mortgage-lenders/fha-loans)
- 🥈 **#2** in Lynchburg, VA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/lynchburg-va/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Virginia Credit Unions
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Virginia for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/va-loans)
- 🥉 **#3** in Lynchburg, VA
  - [View Full Rankings](https://saferate.com/lynchburg-va/best-mortgage-lenders)
- 🥉 **#3** in Lynchburg, VA for FHA Loans
  - [View Full Rankings](https://saferate.com/lynchburg-va/best-mortgage-lenders/fha-loans)
- 🏆 **#4** in Virginia for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Virginia for FHA Loans
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/fha-loans)
- 🏆 **#4** in Virginia for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#5** in Virginia
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders)
- 🏆 **#6** in Blacksburg for Conventional Loans
  - [View Full Rankings](https://saferate.com/blacksburg/best-mortgage-lenders/conventional-loans)
- 🏆 **#8** in Roanoke, VA for Conventional Loans
  - [View Full Rankings](https://saferate.com/roanoke-va/best-mortgage-lenders/conventional-loans)
- 🏆 **#9** in Roanoke, VA for VA Loans
  - [View Full Rankings](https://saferate.com/roanoke-va/best-mortgage-lenders/va-loans)
- 🏆 **#13** in Virginia for USDA Loans
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/usda-loans)

## Frequently Asked Questions

### What loan types does FREEDOM FIRST Federal Credit Union offer?

FREEDOM FIRST Federal Credit Union offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does FREEDOM FIRST Federal Credit Union offer mortgages?

FREEDOM FIRST Federal Credit Union offers mortgages in 9 states: AL, DE, FL, GA, MI, NC, NJ, SC, VA.

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

FREEDOM FIRST Federal Credit Union has a pricing score of 63/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.201% above market average.

### What type of lender is FREEDOM FIRST Federal Credit Union?

FREEDOM FIRST Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Roanoke, VA.

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

FREEDOM FIRST Federal Credit Union has a pull-through score of 72/100 (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/freedom-first-federal-credit-union

### How to Cite

> "FREEDOM FIRST Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/freedom-first-federal-credit-union

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