What loan types does MERITUS Federal Credit Union offer?

MERITUS Federal Credit Union offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

Where does MERITUS Federal Credit Union offer mortgages?

MERITUS Federal Credit Union offers mortgages in 1 states: LA.

How competitive are MERITUS Federal Credit Union's mortgage rates?

MERITUS Federal Credit Union has an overall pricing score of 90.1/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is MERITUS Federal Credit Union?

MERITUS Federal Credit Union is a Credit Union headquartered in Lafayette, LA.

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MERITUS Federal Credit Union

Credit Union•Lafayette, LAHQ•Direct•Reviews near you on Google

MERITUS Federal Credit Union has 30 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Exceptional

5/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Acceptable

2/5

Conventional

Place

Strong

4/5

Single State · 1 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Offers rates 34.10 basis points below market average
Lower than average lender fees

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

MERITUS Federal Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 34.1 bps below market avg

5/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

29 loans · 0.34% below market

Acceptable

Bottom 40% of lenders

2/5

By Loan Purpose· Transaction purpose mix

Purchase

12 loans · 0.26% below market

Acceptable

Bottom 40% of lenders

2/5

Refinance

18 loans · 0.41% below market

Sound

Top 60% of lenders

3/5

By Location· Geographic coverage

Geographic Reach

Single State · 1 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Acceptable	Exceptional	Sound	29	96.7%	-0.341%Below	$1,341Fees

Conventional

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Sound

Volume29

Mix96.7%

Spread

-0.341%Below

Fees

$1,341Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Acceptable	—	Acceptable	12	40.0%	-0.264%Below	$1,714Fees
Refinance	Sound	Sound	—	Strong	18	60.0%	-0.405%Below	$1,036Fees

Purchase

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through

Acceptable

Volume12

Mix40.0%

Spread

-0.264%Below

Fees

$1,714Fees

Refinance

Overall

Sound

Product

Sound

Pricing—

Pull Through

Strong

Volume18

Mix60.0%

Spread

-0.405%Below

Fees

$1,036Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

Volume

$5 million

Pricing & Closing

Avg Rate Spread

-0.341%

vs. market APOR

Avg Net Fees

$1,341

Origination − Credits

Pullthrough Rate

51.7%

Applications → Closed

Typical Borrower

Avg Loan Amount

$174,667

Avg Borrower Income

$111,933

Avg Property Value

$290,357

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

1Full-year 2024 · HMDA

Loans originated

All statesNone

South1

Top Metro Areas by Place Specialization Score

Lafayette, LAMetro

Volume 26Mix 86.67% of portfolio

66/100

Strong

Top States by Place Specialization Score

LouisianaState

Volume 30Mix 100.00% of portfolio

60/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.