# Grow Financial Federal Credit Union

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


Grow Financial Federal Credit Union is a credit union, headquartered in Tampa, FL, serving borrowers across 6 states, with 231 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 12% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 43% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300FOCEH0X0ZOR362
- **Headquarters:** Tampa, FL
- **Geographic Reach:** Multi-Region
- **States Served:** 6
- **State List:** AL, FL, GA, NC, SC, TN
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 88/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 57/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -1.147%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,100
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 231
- **Dollar Volume:** $88 million
- **Applications Received:** 283
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $380,238
- **Average Borrower Income:** $174,251
- **Average Property Value:** $551,537

## Safe Rate Awards 🏆

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

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 45/100 | 219 | -1.129% | $1,104 | Sound ☺️ |
| Jumbo | 60/100 | 12 | -1.486% | $1,025 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 156 loans, Score: 41/100 (Sound)
- Refinance: 63 loans, Score: 55/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 42/100 | 167 | $71M | -1.220% | Sound ☺️ |
| Refinance | 52/100 | 64 | $17M | -0.921% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 182 | 0.06% | 69/100 |
| SC | 32 | 0.04% | 55/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Tampa, FL | FL | 88 | 71/100 |
| St. Petersburg | FL | 39 | 66/100 |
| Columbia, SC | SC | 18 | 53/100 |
| North Port | FL | 14 | 49/100 |

## Where This Lender Ranks

Grow Financial Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Tampa, FL Credit Unions
  - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in St. Petersburg Credit Unions
  - [View Full Rankings](https://saferate.com/st-petersburg/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Tampa, FL for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in St. Petersburg for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/st-petersburg/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#9** in St. Petersburg
  - [View Full Rankings](https://saferate.com/st-petersburg/best-mortgage-lenders)
- 🏆 **#16** in Tampa, FL
  - [View Full Rankings](https://saferate.com/tampa-fl/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does Grow Financial Federal Credit Union offer?

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

### Where does Grow Financial Federal Credit Union offer mortgages?

Grow Financial Federal Credit Union offers mortgages in 6 states: AL, FL, GA, NC, SC, TN.

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

Grow Financial Federal Credit Union has a pricing score of 88/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 1.147% below market average.

### What type of lender is Grow Financial Federal Credit Union?

Grow Financial Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Tampa, FL.

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

Grow Financial Federal Credit Union has a pull-through score of 57/100 (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/grow-financial-federal-credit-union

### How to Cite

> "Grow Financial Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/grow-financial-federal-credit-union

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