# STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED

> **Canonical URL:** https://saferate.com/lenders/state-employees-credit-union-of-maryland-incorporated


> **📋 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


STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED is a credit union, headquartered in Linthicum, MD, serving borrowers across 6 states, with 767 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 29% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 42% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300AY1W8F91VLTB05
- **Headquarters:** Linthicum, MD
- **Geographic Reach:** Multi-Region
- **States Served:** 6
- **State List:** DC, DE, MD, PA, VA, WV
- **Markets (MSAs):** 8
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 91.7%
- **Brokered/Wholesale:** 8.3%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 71/100
- Rating: ●●●●○ (4/5)

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

### Pricing Details
- **Average Rate Spread:** -0.364%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,188
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 767
- **Dollar Volume:** $384 million
- **Applications Received:** 1,171
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $500,359
- **Average Borrower Income:** $206,089
- **Average Property Value:** $667,073

## Safe Rate Awards 🏆

- 💎 **Jumbo Diamond Champion** (84%)
- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (64%)
- ⭐ **Purchase Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 70/100 | 594 | -0.355% | $1,262 | Strong 😀 |
| FHA | 61/100 | 60 | +0.442% | $1,982 | Strong 😀 |
| Jumbo | 80/100 | 108 | -0.820% | $286 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 448 loans, Score: 68/100 (Strong)
- Refinance: 146 loans, Score: 67/100 (Strong)

**FHA:**
- Purchase: 45 loans, Score: 59/100 (Sound)

**Jumbo:**
- Purchase: 85 loans, Score: 80/100 (Exceptional)
- Refinance: 23 loans, Score: 79/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 66/100 | 582 | $297M | -0.365% | Strong 😀 |
| Refinance | 66/100 | 185 | $87M | -0.359% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MD | 609 | 0.86% | 86/100 |
| VA | 81 | 0.07% | 62/100 |
| PA | 30 | 0.02% | 48/100 |
| DC | 22 | 0.38% | 54/100 |
| DE | 16 | 0.11% | 46/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Baltimore | MD | 344 | 85/100 |
| Frederick | MD | 123 | 81/100 |
| Arlington | VA-WV | 72 | 64/100 |
| Washington, DC | DC-MD | 63 | 69/100 |
| Non |  | 63 | 45/100 |
| Salisbury, MD | MD | 35 | 81/100 |
| Hagerstown | MD-WV | 20 | 54/100 |
| Montgomery County | PA | 12 | 42/100 |

## Where This Lender Ranks

STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Maryland for Jumbo Loans
  - [View Full Rankings](https://saferate.com/maryland/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Baltimore for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/baltimore/best-mortgage-lenders/credit-unions/fha-loans)
- 🥇 **#1** in Baltimore for Jumbo Loans
  - [View Full Rankings](https://saferate.com/baltimore/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Baltimore for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/baltimore/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥇 **#1** in Frederick for Jumbo Loans
  - [View Full Rankings](https://saferate.com/frederick/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Frederick for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/frederick/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥇 **#1** in Washington, DC for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/washington-dc/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥇 **#1** in Salisbury, MD for Conventional Loans
  - [View Full Rankings](https://saferate.com/salisbury-md/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Maryland for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/maryland/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Baltimore for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/baltimore/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Frederick Credit Unions
  - [View Full Rankings](https://saferate.com/frederick/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in Frederick for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/frederick/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Washington, DC for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/washington-dc/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Salisbury, MD
  - [View Full Rankings](https://saferate.com/salisbury-md/best-mortgage-lenders)
- 🥈 **#2** in Washington DC for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/washington-dc/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Hagerstown for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/hagerstown/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Maryland Credit Unions
  - [View Full Rankings](https://saferate.com/maryland/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Baltimore Credit Unions
  - [View Full Rankings](https://saferate.com/baltimore/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Washington, DC Credit Unions
  - [View Full Rankings](https://saferate.com/washington-dc/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Baltimore for Conventional Loans
  - [View Full Rankings](https://saferate.com/baltimore/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED offer?

STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED offer mortgages?

STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED offers mortgages in 6 states: DC, DE, MD, PA, VA, WV.

### How competitive are STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED's mortgage rates?

STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED has a pricing score of 71/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.364% below market average.

### What type of lender is STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED?

STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Linthicum, MD.

### What is STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED's loan approval success rate?

STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED has a pull-through score of 58/100 (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/state-employees-credit-union-of-maryland-incorporated

### How to Cite

> "STATE EMPLOYEES CREDIT UNION OF MARYLAND, INCORPORATED Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/state-employees-credit-union-of-maryland-incorporated

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