# LOCAL GOVERNMENT

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


> **📋 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


LOCAL GOVERNMENT is a credit union, headquartered in Raleigh, NC, serving borrowers across 5 states, with 212 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 80% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 69% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300SJTLYB6ZWKPR88
- **Headquarters:** Raleigh, NC
- **Geographic Reach:** Regional
- **States Served:** 5
- **State List:** GA, NC, SC, TN, VA
- **Markets (MSAs):** 6
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 20/100
- Rating: ●○○○○ (1/5)

### Pull Through: Acceptable 🙂
- Score: 31/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.702%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,927
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 212
- **Dollar Volume:** $44 million
- **Applications Received:** 558
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $207,689
- **Average Borrower Income:** $89,014
- **Average Property Value:** $250,896

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 45/100 | 212 | +0.702% | $1,927 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 168 loans, Score: 45/100 (Sound)
- Refinance: 44 loans, Score: 43/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 43/100 | 168 | $37M | +0.555% | Sound ☺️ |
| Refinance | 39/100 | 44 | $7M | +1.055% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NC | 199 | 0.13% | 72/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 78 | 54/100 |
| Charlotte | NC-SC | 30 | 57/100 |
| Greensboro | NC | 19 | 56/100 |
| Winston | NC | 17 | 53/100 |
| Hickory | NC | 15 | 52/100 |
| Wilmington, NC | NC | 10 | 46/100 |

## Where This Lender Ranks

LOCAL GOVERNMENT appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#5** in Hickory for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/hickory/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in Greensboro for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/greensboro/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

### What loan types does LOCAL GOVERNMENT offer?

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

### Where does LOCAL GOVERNMENT offer mortgages?

LOCAL GOVERNMENT offers mortgages in 5 states: GA, NC, SC, TN, VA.

### How competitive are LOCAL GOVERNMENT's mortgage rates?

LOCAL GOVERNMENT has a pricing score of 20/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.702% above market average.

### What type of lender is LOCAL GOVERNMENT?

LOCAL GOVERNMENT is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Raleigh, NC.

### What is LOCAL GOVERNMENT's loan approval success rate?

LOCAL GOVERNMENT has a pull-through score of 31/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## 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/local-government

### How to Cite

> "LOCAL GOVERNMENT Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/local-government

---

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