# ALTRA Federal Credit Union

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


ALTRA Federal Credit Union is a credit union, headquartered in ONALASKA, WI, serving borrowers across 9 states, with 1,076 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 48% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 13% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300A0SVCQJPHVGV20
- **Headquarters:** ONALASKA, WI
- **Geographic Reach:** Multi-Region
- **States Served:** 9
- **State List:** AR, CO, FL, IA, KY, MN, TN, TX, WI
- **Markets (MSAs):** 7
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

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

### Pricing Details
- **Average Rate Spread:** +0.329%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $978
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 1,076
- **Dollar Volume:** $302 million
- **Applications Received:** 1,365
- **Market Share:** 3.00%

## Typical Borrower Profile

- **Average Loan Amount:** $280,381
- **Average Borrower Income:** $132,044
- **Average Property Value:** $375,678

## Safe Rate Awards 🏆

- 💎 **VA Diamond Champion** (84%)
- ⭐ **Conventional Gold Superstar** (76%)
- ⭐ **FHA Gold Superstar** (65%)
- ⭐ **Purchase Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 81/100 | 999 | +0.368% | $977 | Exceptional 🤩 |
| FHA | 53/100 | 27 | +0.129% | $1,278 | Sound ☺️ |
| VA | 70/100 | 35 | -0.579% | $519 | Strong 😀 |
| Jumbo | 44/100 | 15 | +0.101% | $1,431 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 736 loans, Score: 80/100 (Exceptional)
- Refinance: 263 loans, Score: 80/100 (Exceptional)

**FHA:**
- Purchase: 27 loans, Score: 53/100 (Sound)

**VA:**
- Purchase: 23 loans, Score: 61/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 79/100 | 792 | $212M | +0.325% | Strong 😀 |
| Refinance | 79/100 | 284 | $90M | +0.342% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WI | 558 | 0.85% | 85/100 |
| MN | 246 | 0.38% | 73/100 |
| TX | 144 | 0.04% | 61/100 |
| TN | 109 | 0.12% | 64/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| La Crosse | WI-MN | 462 | 100/100 |
| Non |  | 257 | 66/100 |
| Tyler, TX | TX | 97 | 89/100 |
| Rochester, MN | MN | 93 | 80/100 |
| Clarksville, TN | TN-KY | 82 | 73/100 |
| Nashville | TN | 22 | 49/100 |
| Minneapolis | MN-WI | 21 | 47/100 |

## Where This Lender Ranks

ALTRA Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Wisconsin for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/credit-unions/va-loans)
- 🥇 **#1** in La Crosse Credit Unions
  - [View Full Rankings](https://saferate.com/la-crosse/best-mortgage-lenders/credit-unions)
- 🥇 **#1** in La Crosse for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/la-crosse/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in La Crosse for VA Loans
  - [View Full Rankings](https://saferate.com/la-crosse/best-mortgage-lenders/va-loans)
- 🥇 **#1** in Tyler, TX for Conventional Loans
  - [View Full Rankings](https://saferate.com/tyler-tx/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Tyler, TX for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/tyler-tx/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Rochester, MN for Conventional Loans
  - [View Full Rankings](https://saferate.com/rochester-mn/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Rochester, MN for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/rochester-mn/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Clarksville, TN for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/clarksville-tn/best-mortgage-lenders/credit-unions/va-loans)
- 🥈 **#2** in Wisconsin for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/credit-unions/fha-loans)
- 🥈 **#2** in La Crosse
  - [View Full Rankings](https://saferate.com/la-crosse/best-mortgage-lenders)
- 🥈 **#2** in La Crosse for Conventional Loans
  - [View Full Rankings](https://saferate.com/la-crosse/best-mortgage-lenders/conventional-loans)
- 🥈 **#2** in Tyler, TX
  - [View Full Rankings](https://saferate.com/tyler-tx/best-mortgage-lenders)
- 🥈 **#2** in Clarksville, TN Credit Unions
  - [View Full Rankings](https://saferate.com/clarksville-tn/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in Clarksville, TN for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/clarksville-tn/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Wisconsin for VA Loans
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/va-loans)
- 🥉 **#3** in Minnesota for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Minnesota for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions/fha-loans)
- 🥉 **#3** in Clarksville, TN for Conventional Loans
  - [View Full Rankings](https://saferate.com/clarksville-tn/best-mortgage-lenders/conventional-loans)
- 🥉 **#3** in Clarksville, TN for VA Loans
  - [View Full Rankings](https://saferate.com/clarksville-tn/best-mortgage-lenders/va-loans)

## Frequently Asked Questions

### What loan types does ALTRA Federal Credit Union offer?

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

### Where does ALTRA Federal Credit Union offer mortgages?

ALTRA Federal Credit Union offers mortgages in 9 states: AR, CO, FL, IA, KY, MN, TN, TX, WI.

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

ALTRA Federal Credit Union has a pricing score of 52/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.329% above market average.

### What type of lender is ALTRA Federal Credit Union?

ALTRA Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in ONALASKA, WI.

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

ALTRA Federal Credit Union has a pull-through score of 87/100 (Exceptional). 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:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/altra-federal-credit-union

### How to Cite

> "ALTRA Federal Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/altra-federal-credit-union

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