# NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/newport-news-shipbuilding-employees-credit-union-inc-dba-bayport-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


NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION is a credit union, headquartered in Newport News, VA, serving borrowers across 2 states, with 359 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 38% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 5493000E527OH5Y8TR73
- **Headquarters:** Newport News, VA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** NC, VA
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

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

### Pull Through: Strong 😀
- Score: 62/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.907%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $993
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 359
- **Dollar Volume:** $137 million
- **Applications Received:** 506
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $381,936
- **Average Borrower Income:** $186,345
- **Average Property Value:** $468,203

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (78%)
- ⭐ **Purchase Gold Superstar** (65%)
- ⭐ **Refinance Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 62/100 | 337 | -0.889% | $997 | Strong 😀 |
| Jumbo | 70/100 | 20 | -1.239% | $917 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 286 loans, Score: 61/100 (Strong)
- Refinance: 51 loans, Score: 56/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 55/100 | 301 | $117M | -0.909% | Sound ☺️ |
| Refinance | 54/100 | 58 | $20M | -0.900% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| VA | 330 | 0.31% | 82/100 |
| NC | 29 | 0.02% | 49/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Virginia Beach | VA-NC | 296 | 86/100 |
| Non |  | 42 | 42/100 |
| Richmond, VA | VA | 11 | 43/100 |

## Where This Lender Ranks

NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Virginia Credit Unions
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions)
- 🥇 **#1** in Virginia for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Virginia for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥇 **#1** in Virginia Beach
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders)
- 🥇 **#1** in Virginia Beach for Conventional Loans
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Virginia Beach for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Virginia Beach for Jumbo Loans
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Virginia Beach for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥈 **#2** in Virginia
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders)
- 🥈 **#2** in Virginia for Conventional Loans
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Virginia for Jumbo Loans
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/jumbo-loans)

## Frequently Asked Questions

### What loan types does NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION offer?

NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT 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 NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION offer mortgages?

NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION offers mortgages in 2 states: NC, VA.

### How competitive are NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION's mortgage rates?

NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT 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 0.907% below market average.

### What type of lender is NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION?

NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Newport News, VA.

### What is NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION's loan approval success rate?

NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION has a pull-through score of 62/100 (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/newport-news-shipbuilding-employees-credit-union-inc-dba-bayport-credit-union

### How to Cite

> "NEWPORT NEWS SHIPBUILDING EMPLOYEES CREDIT UNION, INC. DBA BAYPORT CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/newport-news-shipbuilding-employees-credit-union-inc-dba-bayport-credit-union

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