# LAFAYETTE FEDERAL CREDIT UNION

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


LAFAYETTE FEDERAL CREDIT UNION is a credit union, headquartered in Rockville, MD, serving borrowers across 17 states, with 64 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 24% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 79% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300SY0ZRUCS4CSY07
- **Headquarters:** Rockville, MD
- **Geographic Reach:** Multi-Region
- **States Served:** 17
- **State List:** CO, DC, DE, FL, GA, MA, MD, MI, NC, NY, OK, PA, RI, SC, TN, VA, WI
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 99.4%
- **Brokered/Wholesale:** 0.6%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 76/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 21/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.645%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,205
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 64
- **Dollar Volume:** $29 million
- **Applications Received:** 154
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $457,656
- **Average Borrower Income:** $213,406
- **Average Property Value:** $585,156

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 24/100 | 60 | -0.610% | $1,207 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 53 loans, Score: 26/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 27/100 | 57 | $27M | -0.612% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MD | 19 | 0.03% | 52/100 |
| NC | 14 | 0.01% | 46/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Raleigh | NC | 14 | 52/100 |

## Frequently Asked Questions

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

LAFAYETTE 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 LAFAYETTE FEDERAL CREDIT UNION offer mortgages?

LAFAYETTE FEDERAL CREDIT UNION offers mortgages in 17 states: CO, DC, DE, FL, GA, MA, MD, MI, NC, NY, OK, PA, RI, SC, TN, VA, WI.

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

LAFAYETTE FEDERAL CREDIT UNION has a pricing score of 76/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.645% below market average.

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

LAFAYETTE FEDERAL CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Rockville, MD.

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

LAFAYETTE FEDERAL CREDIT UNION has a pull-through score of 21/100 (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/lafayette-federal-credit-union

### How to Cite

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

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