# GRANITE FEDERAL CREDIT UNION

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


GRANITE FEDERAL CREDIT UNION is a credit union, headquartered in Salt Lake City, UT, serving borrowers across 4 states, with 86 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 31% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 74% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300JAEP0DFO79JO70
- **Headquarters:** Salt Lake City, UT
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** AZ, ID, IN, UT
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 69/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 26/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.420%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,218
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 86
- **Dollar Volume:** $28 million
- **Applications Received:** 173
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $323,023
- **Average Borrower Income:** $116,093
- **Average Property Value:** $529,535

## Safe Rate Awards 🏆

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

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 35/100 | 85 | -0.435% | $2,239 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 51 loans, Score: 30/100 (Acceptable)
- Refinance: 34 loans, Score: 47/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 30/100 | 52 | $20M | -0.296% | Acceptable 🙂 |
| Refinance | 45/100 | 34 | $8M | -0.617% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| UT | 83 | 0.18% | 70/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Salt Lake City | UT | 54 | 70/100 |
| Provo | UT | 17 | 54/100 |

## Where This Lender Ranks

GRANITE FEDERAL CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#7** in Salt Lake City Credit Unions
  - [View Full Rankings](https://saferate.com/salt-lake-city/best-mortgage-lenders/credit-unions)
- 🏆 **#9** in Salt Lake City for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/salt-lake-city/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

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

GRANITE 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 GRANITE FEDERAL CREDIT UNION offer mortgages?

GRANITE FEDERAL CREDIT UNION offers mortgages in 4 states: AZ, ID, IN, UT.

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

GRANITE FEDERAL CREDIT UNION has a pricing score of 69/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.420% below market average.

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

GRANITE FEDERAL CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Salt Lake City, UT.

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

GRANITE FEDERAL CREDIT UNION has a pull-through score of 26/100 (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/granite-federal-credit-union

### How to Cite

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

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