# LANGLEY Federal Credit Union

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


LANGLEY Federal Credit Union is a credit union, headquartered in Newport News, VA, serving borrowers across 3 states, with 198 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 15% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 35% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300CHR7TPQ6LLXG47
- **Headquarters:** Newport News, VA
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** MD, NC, VA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 99.6%
- **Brokered/Wholesale:** 0.4%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 85/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.389%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,201
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 198
- **Dollar Volume:** $58 million
- **Applications Received:** 264
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $291,717
- **Average Borrower Income:** $124,379
- **Average Property Value:** $385,808

## Safe Rate Awards 🏆

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

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 50/100 | 181 | -0.446% | $1,253 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 132 loans, Score: 47/100 (Sound)
- Refinance: 49 loans, Score: 56/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 44/100 | 145 | $45M | -0.350% | Sound ☺️ |
| Refinance | 53/100 | 53 | $12M | -0.490% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| VA | 183 | 0.17% | 77/100 |
| NC | 14 | 0.01% | 43/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Virginia Beach | VA-NC | 168 | 80/100 |

## Where This Lender Ranks

LANGLEY Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Virginia Beach for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/credit-unions/fha-loans)
- 🥈 **#2** in Virginia Beach
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders)
- 🥈 **#2** in Virginia Beach for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/credit-unions/va-loans)
- 🥉 **#3** in Virginia Beach for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in Virginia Beach for Conventional Loans
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/conventional-loans)
- 🏆 **#6** in Virginia Beach for FHA Loans
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/fha-loans)
- 🏆 **#13** in Virginia Beach for VA Loans
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/va-loans)

## Frequently Asked Questions

### What loan types does LANGLEY Federal Credit Union offer?

LANGLEY 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 LANGLEY Federal Credit Union offer mortgages?

LANGLEY Federal Credit Union offers mortgages in 3 states: MD, NC, VA.

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

LANGLEY Federal Credit Union has a pricing score of 85/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.389% below market average.

### What type of lender is LANGLEY Federal Credit Union?

LANGLEY Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Newport News, VA.

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

LANGLEY Federal Credit Union has a pull-through score of 65/100 (Strong). 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/langley-federal-credit-union

### How to Cite

> "LANGLEY Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/langley-federal-credit-union

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