# MUTUAL SECURITY

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

> **📋 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

MUTUAL SECURITY is a credit union, headquartered in Shelton, CT, with 55 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 41% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 60% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300T7RPUYDIE5FH39
- **Headquarters:** Shelton, CT
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** CT
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 59/100
- Rating: ●●●○○ (3/5)

### Pull Through: Acceptable 🙂
- Score: 40/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.399%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $906
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 55
- **Dollar Volume:** $19 million
- **Applications Received:** 60
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $342,091
- **Average Borrower Income:** $194,782

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 31/100 | 54 | +0.415% | $914 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 41 loans, Score: 30/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 31/100 | 42 | $16M | +0.488% | Acceptable 🙂 |
| Refinance | 26/100 | 13 | $3M | +0.036% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CT | 55 | 0.16% | 67/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Bridgeport | CT | 33 | 68/100 |

## Frequently Asked Questions

### What loan types does MUTUAL SECURITY offer?

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

### Where does MUTUAL SECURITY offer mortgages?

MUTUAL SECURITY offers mortgages in 1 states: CT.

### How competitive are MUTUAL SECURITY's mortgage rates?

MUTUAL SECURITY has a pricing score of 59/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.399% above market average.

### What type of lender is MUTUAL SECURITY?

MUTUAL SECURITY is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Shelton, CT.

### What is MUTUAL SECURITY's loan approval success rate?

MUTUAL SECURITY has a pull-through score of 40/100 (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:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/mutual-security

### How to Cite

> "MUTUAL SECURITY Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/mutual-security

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