# METRO Credit Union

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


METRO Credit Union is a credit union, headquartered in Chelsea, MA, serving borrowers across 2 states, with 147 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 19% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 52% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300F6OBLSYWXXKH16
- **Headquarters:** Chelsea, MA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** MA, NH
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 81/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 48/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.107%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,081
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 147
- **Dollar Volume:** $74 million
- **Applications Received:** 219
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $505,884
- **Average Borrower Income:** $181,918
- **Average Property Value:** $730,034

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 38/100 | 128 | -0.104% | $1,066 | Acceptable 🙂 |
| Jumbo | 61/100 | 13 | -0.227% | $1,235 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 104 loans, Score: 38/100 (Acceptable)
- Refinance: 24 loans, Score: 38/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 40/100 | 122 | $64M | -0.068% | Sound ☺️ |
| Refinance | 37/100 | 25 | $10M | -0.277% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 140 | 0.23% | 73/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cambridge | MA | 80 | 72/100 |
| Boston, MA | MA | 36 | 62/100 |
| Worcester, MA | MA | 14 | 51/100 |

## Where This Lender Ranks

METRO Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Cambridge Credit Unions
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/credit-unions)
- 🏆 **#5** in Boston, MA Credit Unions
  - [View Full Rankings](https://saferate.com/boston-ma/best-mortgage-lenders/credit-unions)
- 🏆 **#6** in Massachusetts for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/massachusetts/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#6** in Cambridge for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#7** in Cambridge for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#7** in Boston, MA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/boston-ma/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#8** in Massachusetts Credit Unions
  - [View Full Rankings](https://saferate.com/massachusetts/best-mortgage-lenders/credit-unions)
- 🏆 **#9** in Massachusetts for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/massachusetts/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#18** in Cambridge
  - [View Full Rankings](https://saferate.com/cambridge/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does METRO Credit Union offer?

METRO Credit Union offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does METRO Credit Union offer mortgages?

METRO Credit Union offers mortgages in 2 states: MA, NH.

### How competitive are METRO Credit Union's mortgage rates?

METRO Credit Union has a pricing score of 81/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.107% below market average.

### What type of lender is METRO Credit Union?

METRO Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Chelsea, MA.

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

METRO Credit Union has a pull-through score of 48/100 (Sound). 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/metro-credit-union

### How to Cite

> "METRO Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/metro-credit-union

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