# Southwest Airlines Federal Credit Union

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

Southwest Airlines Federal Credit Union is a credit union, headquartered in Dallas, TX, serving borrowers across 20 states, with 69 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 18% 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):** 549300DQLGJ1YQRRHH73
- **Headquarters:** Dallas, TX
- **Geographic Reach:** Multi-Region
- **States Served:** 20
- **State List:** AL, AR, AZ, CA, CO, FL, GA, IL, IN, ME, MI, MO, NE, NV, NY, OH, OK, OR, TN, TX
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 82/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 40/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.243%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $2,064
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 69
- **Dollar Volume:** $19 million
- **Applications Received:** 96
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $272,826
- **Average Borrower Income:** $174,290

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 23/100 | 68 | -0.243% | $2,064 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 44 loans, Score: 22/100 (Acceptable)
- Refinance: 24 loans, Score: 33/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 22/100 | 45 | $16M | -0.065% | Acceptable 🙂 |
| Refinance | 28/100 | 24 | $3M | -0.421% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 27 | 0.01% | 51/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Dallas | TX | 14 | 49/100 |

## Frequently Asked Questions

### What loan types does Southwest Airlines Federal Credit Union offer?

Southwest Airlines 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 Southwest Airlines Federal Credit Union offer mortgages?

Southwest Airlines Federal Credit Union offers mortgages in 20 states: AL, AR, AZ, CA, CO, FL, GA, IL, IN, ME, MI, MO, NE, NV, NY, OH, OK, OR, TN, TX.

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

Southwest Airlines Federal Credit Union has a pricing score of 82/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.243% below market average.

### What type of lender is Southwest Airlines Federal Credit Union?

Southwest Airlines Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Dallas, TX.

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

Southwest Airlines Federal Credit Union 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/southwest-airlines-federal-credit-union

### How to Cite

> "Southwest Airlines Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/southwest-airlines-federal-credit-union

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