# Northwest Federal Credit Union

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


Northwest Federal Credit Union is a credit union, headquartered in Herndon, VA, serving borrowers across 33 states, with 212 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 41% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 76% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300OSZK2W0WJYS771
- **Headquarters:** Herndon, VA
- **Geographic Reach:** Near-National
- **States Served:** 33
- **State List:** AK, AL, AZ, CA, CO, FL, GA, IL, KS, KY, MD, ME, MI, MN, MO, MS, MT, NC, NE, NM, NV, NY, OH, OR, PA, RI, SC, TN, TX, VA, WA, WI, WV
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 59/100
- Rating: ●●●○○ (3/5)

### Pull Through: Acceptable 🙂
- Score: 24/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.299%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $891
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 212
- **Dollar Volume:** $74 million
- **Applications Received:** 401
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $348,821
- **Average Borrower Income:** $185,755
- **Average Property Value:** $541,934

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 41/100 | 206 | +0.293% | $904 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 174 loans, Score: 41/100 (Sound)
- Refinance: 32 loans, Score: 41/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 40/100 | 179 | $66M | +0.257% | Sound ☺️ |
| Refinance | 39/100 | 33 | $7M | +0.556% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| VA | 79 | 0.07% | 66/100 |
| MD | 21 | 0.03% | 50/100 |
| FL | 19 | 0.01% | 43/100 |
| NC | 18 | 0.01% | 45/100 |
| GA | 11 | 0.01% | 41/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Arlington | VA-WV | 60 | 66/100 |
| Non |  | 26 | 36/100 |

## Frequently Asked Questions

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

Northwest 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 Northwest Federal Credit Union offer mortgages?

Northwest Federal Credit Union offers mortgages in 33 states: AK, AL, AZ, CA, CO, FL, GA, IL, KS, KY, MD, ME, MI, MN, MO, MS, MT, NC, NE, NM, NV, NY, OH, OR, PA, RI, SC, TN, TX, VA, WA, WI, WV.

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

Northwest Federal Credit Union has a pricing score of 59/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.299% above market average.

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

Northwest Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Herndon, VA.

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

Northwest Federal Credit Union has a pull-through score of 24/100 (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/northwest-federal-credit-union

### How to Cite

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

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