# Workers Federal Credit Union

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


Workers Federal Credit Union is a credit union, headquartered in Littleton, MA, serving borrowers across 2 states, with 116 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 23% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 72% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900MSO8KVQ05D2J27
- **Headquarters:** Littleton, MA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** MA, NH
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 77/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 28/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.154%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $901
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 116
- **Dollar Volume:** $40 million
- **Applications Received:** 207
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $348,103
- **Average Borrower Income:** $149,517
- **Average Property Value:** $533,017

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 41/100 | 114 | -0.150% | $942 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 74 loans, Score: 37/100 (Acceptable)
- Refinance: 40 loans, Score: 50/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 37/100 | 75 | $30M | -0.222% | Acceptable 🙂 |
| Refinance | 49/100 | 41 | $11M | -0.015% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 99 | 0.16% | 69/100 |
| NH | 17 | 0.11% | 52/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Worcester, MA | MA | 56 | 76/100 |
| Cambridge | MA | 27 | 58/100 |
| Manchester | NH | 10 | 47/100 |
| Non |  | 10 | 25/100 |

## Where This Lender Ranks

Workers Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Worcester, MA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/worcester-ma/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#6** in Worcester, MA Credit Unions
  - [View Full Rankings](https://saferate.com/worcester-ma/best-mortgage-lenders/credit-unions)
- 🏆 **#8** in Manchester for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/manchester/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

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

Workers 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 Workers Federal Credit Union offer mortgages?

Workers Federal Credit Union offers mortgages in 2 states: MA, NH.

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

Workers Federal Credit Union has a pricing score of 77/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.154% below market average.

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

Workers Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Littleton, MA.

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

Workers Federal Credit Union has a pull-through score of 28/100 (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/workers-federal-credit-union

### How to Cite

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

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