# LAUNCH CREDIT UNION

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

LAUNCH CREDIT UNION is a credit union, headquartered in Merritt Island, FL, with 84 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 22% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 76% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 54930029L79O0A2ZXF27
- **Headquarters:** Merritt Island, FL
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** FL
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 78/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 24/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.348%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $762
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 84
- **Dollar Volume:** $17 million
- **Applications Received:** 223
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $200,000
- **Average Borrower Income:** $97,929

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 38/100 | 84 | +0.348% | $762 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 42 loans, Score: 30/100 (Acceptable)
- Refinance: 42 loans, Score: 55/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 30/100 | 42 | $12M | +0.129% | Acceptable 🙂 |
| Refinance | 52/100 | 42 | $5M | +0.578% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 84 | 0.03% | 63/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Palm Bay | FL | 54 | 73/100 |
| Deltona | FL | 20 | 62/100 |

## Frequently Asked Questions

### What loan types does LAUNCH CREDIT UNION offer?

LAUNCH 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 LAUNCH CREDIT UNION offer mortgages?

LAUNCH CREDIT UNION offers mortgages in 1 states: FL.

### How competitive are LAUNCH CREDIT UNION's mortgage rates?

LAUNCH CREDIT UNION has a pricing score of 78/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.348% above market average.

### What type of lender is LAUNCH CREDIT UNION?

LAUNCH CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Merritt Island, FL.

### What is LAUNCH CREDIT UNION's loan approval success rate?

LAUNCH CREDIT UNION has a pull-through score of 24/100 (Acceptable). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## 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/launch-credit-union

### How to Cite

> "LAUNCH CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/launch-credit-union

---

**[View Interactive Profile →](https://saferate.com/lenders/launch-credit-union)**