# NET

> **Canonical URL:** https://saferate.com/lenders/net


> **📋 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


NET is a credit union, headquartered in Scranton, PA, serving borrowers across 2 states, with 25 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 42% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 61% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300FV32ULL0DL8X39
- **Headquarters:** Scranton, PA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** PA, SC
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 58/100
- Rating: ●●●○○ (3/5)

### Pull Through: Acceptable 🙂
- Score: 39/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.373%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,144
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 25
- **Dollar Volume:** $5 million
- **Applications Received:** 34
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $216,600
- **Average Borrower Income:** $108,800
- **Average Property Value:** $284,200

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 26/100 | 25 | +0.373% | $1,144 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 25 loans, Score: 28/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 28/100 | 25 | $5M | +0.373% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| PA | 24 | 0.02% | 57/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Scranton | PA | 22 | 64/100 |

## Where This Lender Ranks

NET appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Scranton Credit Unions
  - [View Full Rankings](https://saferate.com/scranton/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Scranton for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/scranton/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

### What loan types does NET offer?

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

### Where does NET offer mortgages?

NET offers mortgages in 2 states: PA, SC.

### How competitive are NET's mortgage rates?

NET has a pricing score of 58/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.373% above market average.

### What type of lender is NET?

NET is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Scranton, PA.

### What is NET's loan approval success rate?

NET has a pull-through score of 39/100 (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/net

### How to Cite

> "NET Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/net

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