# GECU

> **Canonical URL:** https://saferate.com/lenders/gecu

> **📋 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

GECU is a credit union, headquartered in El Paso, TX, serving borrowers across 2 states, with 526 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 31% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300IV3BQZRSE82O16
- **Headquarters:** El Paso, TX
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** NM, TX
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

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

### Pull Through: Strong 😀
- Score: 69/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.496%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $327
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 526
- **Dollar Volume:** $88 million
- **Applications Received:** 984
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $167,281
- **Average Borrower Income:** $96,312

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (64%)
- ⭐ **Refinance Gold Superstar** (78%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 75/100 | 526 | +0.496% | $327 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 263 loans, Score: 68/100 (Strong)
- Refinance: 263 loans, Score: 80/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 61/100 | 263 | $54M | +0.526% | Strong 😀 |
| Refinance | 79/100 | 263 | $34M | +0.465% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 506 | 0.14% | 78/100 |
| NM | 20 | 0.10% | 50/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| El Paso, TX | TX | 497 | 100/100 |
| Las Cruces, NM | NM | 13 | 47/100 |

## Frequently Asked Questions

### What loan types does GECU offer?

GECU offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does GECU offer mortgages?

GECU offers mortgages in 2 states: NM, TX.

### How competitive are GECU's mortgage rates?

GECU 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 0.496% above market average.

### What type of lender is GECU?

GECU is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in El Paso, TX.

### What is GECU's loan approval success rate?

GECU has a pull-through score of 69/100 (Strong). 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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/gecu

### How to Cite

> "GECU Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/gecu

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