# JOLT CREDIT UNION

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


JOLT CREDIT UNION is a credit union, headquartered in Saginaw, MI, with 96 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 38% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 83% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300760C8FJ53D2J56
- **Headquarters:** Saginaw, MI
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** MI
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 62/100
- Rating: ●●●●○ (4/5)

### Pull Through: Mediocre 😐
- Score: 17/100
- Rating: ●○○○○ (1/5)

### Pricing Details
- **Average Rate Spread:** +0.122%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,912
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 96
- **Dollar Volume:** $15 million
- **Applications Received:** 316
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $157,292
- **Average Borrower Income:** $95,604
- **Average Property Value:** $207,604

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 50/100 | 96 | +0.122% | $1,912 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 75 loans, Score: 49/100 (Sound)
- Refinance: 21 loans, Score: 32/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 48/100 | 75 | $13M | +0.161% | Sound ☺️ |
| Refinance | 29/100 | 21 | $2M | -0.090% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MI | 96 | 0.08% | 68/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Saginaw, MI | MI | 42 | 75/100 |
| Bay City, MI | MI | 31 | 73/100 |
| Midland, MI | MI | 11 | 50/100 |

## Where This Lender Ranks

JOLT CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#5** in Midland, MI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in Saginaw, MI Credit Unions
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders/credit-unions)
- 🏆 **#6** in Bay City, MI Credit Unions
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders/credit-unions)
- 🏆 **#7** 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)
- 🏆 **#14** in Bay City, MI
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders)
- 🏆 **#16** in Midland, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/midland-mi/best-mortgage-lenders/conventional-loans)
- 🏆 **#17** in Bay City, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/bay-city-mi/best-mortgage-lenders/conventional-loans)
- 🏆 **#19** in Saginaw, MI for Conventional Loans
  - [View Full Rankings](https://saferate.com/saginaw-mi/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does JOLT CREDIT UNION offer?

JOLT 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 JOLT CREDIT UNION offer mortgages?

JOLT CREDIT UNION offers mortgages in 1 states: MI.

### How competitive are JOLT CREDIT UNION's mortgage rates?

JOLT CREDIT UNION has a pricing score of 62/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.122% above market average.

### What type of lender is JOLT CREDIT UNION?

JOLT CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Saginaw, MI.

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

JOLT CREDIT UNION has a pull-through score of 17/100 (Mediocre). 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/jolt-credit-union

### How to Cite

> "JOLT CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/jolt-credit-union

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