# MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION

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> **📋 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

MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION is a credit union, headquartered in Lexington, MA, serving borrowers across 27 states, with 146 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 13% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 70% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300P1347BFCBHJV60
- **Headquarters:** Lexington, MA
- **Geographic Reach:** Near-National
- **States Served:** 27
- **State List:** CA, CO, CT, DC, FL, GA, IL, KY, MA, MD, ME, MT, NC, NH, NJ, NV, OK, OR, PA, RI, SC, TX, UT, VA, VT, WA, WI
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 87/100
- Rating: ●●●●● (5/5)

### Pull Through: Acceptable 🙂
- Score: 30/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.061%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,098
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 146
- **Dollar Volume:** $69 million
- **Applications Received:** 232
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $471,781
- **Average Borrower Income:** $219,548

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 39/100 | 145 | -0.064% | $1,101 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 119 loans, Score: 38/100 (Acceptable)
- Refinance: 26 loans, Score: 39/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 38/100 | 120 | $59M | -0.068% | Acceptable 🙂 |
| Refinance | 37/100 | 26 | $10M | -0.025% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 86 | 0.14% | 67/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cambridge | MA | 59 | 68/100 |
| Boston, MA | MA | 19 | 53/100 |

## Frequently Asked Questions

### What loan types does MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION offer?

MASS. INSTITUTE OF TECH. 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 MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION offer mortgages?

MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION offers mortgages in 27 states: CA, CO, CT, DC, FL, GA, IL, KY, MA, MD, ME, MT, NC, NH, NJ, NV, OK, OR, PA, RI, SC, TX, UT, VA, VT, WA, WI.

### How competitive are MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION's mortgage rates?

MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION has a pricing score of 87/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.061% below market average.

### What type of lender is MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION?

MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Lexington, MA.

### What is MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION's loan approval success rate?

MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION has a pull-through score of 30/100 (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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/mass-institute-of-tech-federal-credit-union

### How to Cite

> "MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/mass-institute-of-tech-federal-credit-union

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