# MERITUS Federal Credit Union

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


MERITUS Federal Credit Union is a credit union, headquartered in Lafayette, LA, with 30 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 10% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 72% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300333JQWIP8NLK67
- **Headquarters:** Lafayette, LA
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** LA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 90/100
- Rating: ●●●●● (5/5)

### Pull Through: Acceptable 🙂
- Score: 28/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.341%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,341
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 30
- **Dollar Volume:** $5 million
- **Applications Received:** 58
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $174,667
- **Average Borrower Income:** $111,933
- **Average Property Value:** $290,357

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 31/100 | 29 | -0.341% | $1,341 | Acceptable 🙂 |

### Product Performance by Purpose

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 21/100 | 12 | $2M | -0.264% | Acceptable 🙂 |
| Refinance | 45/100 | 18 | $3M | -0.405% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| LA | 30 | 0.09% | 60/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Lafayette, LA | LA | 26 | 66/100 |

## Where This Lender Ranks

MERITUS Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#15** in Lafayette, LA
  - [View Full Rankings](https://saferate.com/lafayette-la/best-mortgage-lenders)

## Frequently Asked Questions

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

MERITUS 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 MERITUS Federal Credit Union offer mortgages?

MERITUS Federal Credit Union offers mortgages in 1 states: LA.

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

MERITUS Federal Credit Union has a pricing score of 90/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.341% below market average.

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

MERITUS Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Lafayette, LA.

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

MERITUS Federal Credit Union has a pull-through score of 28/100 (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/meritus-federal-credit-union

### How to Cite

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

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