# SALAL Credit Union

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


SALAL Credit Union is a credit union, headquartered in Seattle, WA, serving borrowers across 4 states, with 31 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 49% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 75% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 5493000BAKE4VAHVCU55
- **Headquarters:** Seattle, WA
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** CA, NV, OR, WA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 51/100
- Rating: ●●●○○ (3/5)

### Pull Through: Acceptable 🙂
- Score: 25/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.032%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,669
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 31
- **Dollar Volume:** $15 million
- **Applications Received:** 70
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $468,226
- **Average Borrower Income:** $213,774
- **Average Property Value:** $708,871

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 17/100 | 29 | -0.031% | $2,732 | Mediocre 😐 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 20 loans, Score: 17/100 (Mediocre)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 18/100 | 21 | $10M | -0.006% | Mediocre 😐 |
| Refinance | 20/100 | 10 | $4M | -0.088% | Mediocre 😐 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WA | 23 | 0.03% | 57/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Seattle | WA | 11 | 51/100 |

## Frequently Asked Questions

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

SALAL 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 SALAL Credit Union offer mortgages?

SALAL Credit Union offers mortgages in 4 states: CA, NV, OR, WA.

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

SALAL Credit Union has a pricing score of 51/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.032% below market average.

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

SALAL Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Seattle, WA.

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

SALAL Credit Union has a pull-through score of 25/100 (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/salal-credit-union

### How to Cite

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

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