# WEBSTER FIRST Federal Credit Union

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

WEBSTER FIRST Federal Credit Union is a credit union, headquartered in Worcester, MA, serving borrowers across 5 states, with 63 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 19% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 72% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300LI67PLCC1Z3P80
- **Headquarters:** Worcester, MA
- **Geographic Reach:** Regional
- **States Served:** 5
- **State List:** CT, FL, MA, NH, PA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 81/100
- Rating: ●●●●● (5/5)

### Pull Through: Acceptable 🙂
- Score: 28/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.097%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $356
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 63
- **Dollar Volume:** $34 million
- **Applications Received:** 108
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $545,952
- **Average Borrower Income:** $255,810

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 31/100 | 53 | -0.109% | $349 | Acceptable 🙂 |
| Jumbo | 40/100 | 10 | +0.114% | $488 | Sound ☺️ |

### Product Performance by Purpose

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

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 33/100 | 51 | $32M | -0.131% | Acceptable 🙂 |
| Refinance | 23/100 | 12 | $2M | -0.004% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MA | 49 | 0.08% | 63/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Worcester, MA | MA | 42 | 73/100 |

## Frequently Asked Questions

### What loan types does WEBSTER FIRST Federal Credit Union offer?

WEBSTER FIRST Federal Credit Union offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does WEBSTER FIRST Federal Credit Union offer mortgages?

WEBSTER FIRST Federal Credit Union offers mortgages in 5 states: CT, FL, MA, NH, PA.

### How competitive are WEBSTER FIRST Federal Credit Union's mortgage rates?

WEBSTER FIRST Federal Credit Union has a pricing score of 81/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.097% below market average.

### What type of lender is WEBSTER FIRST Federal Credit Union?

WEBSTER FIRST Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Worcester, MA.

### What is WEBSTER FIRST Federal Credit Union's loan approval success rate?

WEBSTER FIRST Federal Credit Union has a pull-through score of 28/100 (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/webster-first-federal-credit-union

### How to Cite

> "WEBSTER FIRST Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/webster-first-federal-credit-union

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