# Park Federal Credit Union

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


Park Federal Credit Union is a credit union, headquartered in Louisville, KY, serving borrowers across 4 states, with 189 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 7% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 48% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300AZBM8V8SE0IT33
- **Headquarters:** Louisville, KY
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** GA, IN, KY, TN
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 93/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.176%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $81
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 189
- **Dollar Volume:** $41 million
- **Applications Received:** 298
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $215,582
- **Average Borrower Income:** $110,725
- **Average Property Value:** $286,217

## Safe Rate Awards 🏆

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

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 49/100 | 189 | -0.176% | $81 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 151 loans, Score: 48/100 (Sound)
- Refinance: 38 loans, Score: 49/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 46/100 | 151 | $34M | -0.173% | Sound ☺️ |
| Refinance | 46/100 | 38 | $7M | -0.187% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| KY | 165 | 0.35% | 78/100 |
| IN | 22 | 0.02% | 49/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Louisville/Jefferson County, KY | KY-IN | 144 | 82/100 |
| Non |  | 28 | 38/100 |
| Lexington | KY | 12 | 48/100 |

## Where This Lender Ranks

Park Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Louisville/Jefferson County, KY Credit Unions
  - [View Full Rankings](https://saferate.com/louisvillejefferson-county-ky/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Lexington for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/lexington/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in Kentucky Credit Unions
  - [View Full Rankings](https://saferate.com/kentucky/best-mortgage-lenders/credit-unions)
- 🏆 **#5** in Kentucky for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/kentucky/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in Louisville/Jefferson County, KY for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/louisvillejefferson-county-ky/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#9** in Louisville/Jefferson County, KY
  - [View Full Rankings](https://saferate.com/louisvillejefferson-county-ky/best-mortgage-lenders)

## Frequently Asked Questions

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

Park 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 Park Federal Credit Union offer mortgages?

Park Federal Credit Union offers mortgages in 4 states: GA, IN, KY, TN.

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

Park Federal Credit Union has a pricing score of 93/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.176% below market average.

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

Park Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Louisville, KY.

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

Park Federal Credit Union has a pull-through score of 52/100 (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/park-federal-credit-union

### How to Cite

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

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