# GREATER SPRINGFIELD

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


> **📋 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


GREATER SPRINGFIELD is a credit union, headquartered in Springfield, MA, serving borrowers across 3 states, with 36 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 3% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 66% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300SE1WZDU07WPD35
- **Headquarters:** Springfield, MA
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** CT, MA, SC
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 97/100
- Rating: ●●●●● (5/5)

### Pull Through: Acceptable 🙂
- Score: 34/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.121%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $430
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 36
- **Dollar Volume:** $9 million
- **Applications Received:** 55
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $241,944
- **Average Borrower Income:** $155,472
- **Average Property Value:** $395,833

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 32/100 | 36 | -0.121% | $430 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 20 loans, Score: 25/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 26/100 | 20 | $6M | -0.131% | Acceptable 🙂 |
| Refinance | 41/100 | 16 | $3M | -0.106% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 31 | 0.05% | 59/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Springfield, MA | MA | 30 | 68/100 |

## Where This Lender Ranks

GREATER SPRINGFIELD appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Springfield, MA Credit Unions
  - [View Full Rankings](https://saferate.com/springfield-ma/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Springfield, MA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/springfield-ma/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

### What loan types does GREATER SPRINGFIELD offer?

GREATER SPRINGFIELD offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does GREATER SPRINGFIELD offer mortgages?

GREATER SPRINGFIELD offers mortgages in 3 states: CT, MA, SC.

### How competitive are GREATER SPRINGFIELD's mortgage rates?

GREATER SPRINGFIELD has a pricing score of 97/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.121% below market average.

### What type of lender is GREATER SPRINGFIELD?

GREATER SPRINGFIELD is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Springfield, MA.

### What is GREATER SPRINGFIELD's loan approval success rate?

GREATER SPRINGFIELD has a pull-through score of 34/100 (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/greater-springfield

### How to Cite

> "GREATER SPRINGFIELD Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/greater-springfield

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**[View Interactive Profile →](https://saferate.com/lenders/greater-springfield)**