# COMMUNITY 1ST CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/community-1st-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


COMMUNITY 1ST CREDIT UNION is a credit union, headquartered in Ottumwa, IA, serving borrowers across 2 states, with 656 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 82% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 33% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300WOW2HLRVN4O324
- **Headquarters:** Ottumwa, IA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** IA, MO
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 99.9%
- **Brokered/Wholesale:** 0.1%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 18/100
- Rating: ●○○○○ (1/5)

### Pull Through: Strong 😀
- Score: 67/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.435%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $510
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 656
- **Dollar Volume:** $66 million
- **Applications Received:** 978
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $100,015
- **Average Borrower Income:** $89,677
- **Average Property Value:** $207,729

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 59/100 | 656 | +0.435% | $510 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 279 loans, Score: 46/100 (Sound)
- Refinance: 377 loans, Score: 75/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 45/100 | 279 | $38M | +0.515% | Sound ☺️ |
| Refinance | 74/100 | 377 | $28M | +0.339% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IA | 654 | 1.85% | 85/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 575 | 78/100 |
| Des Moines | IA | 41 | 59/100 |
| Cedar Rapids, IA | IA | 25 | 54/100 |
| Iowa City, IA | IA | 12 | 45/100 |

## Where This Lender Ranks

COMMUNITY 1ST CREDIT UNION appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Iowa City, IA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/iowa-city-ia/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#7** in Cedar Rapids, IA Credit Unions
  - [View Full Rankings](https://saferate.com/cedar-rapids-ia/best-mortgage-lenders/credit-unions)
- 🏆 **#7** in Cedar Rapids, IA for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/cedar-rapids-ia/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#10** in Des Moines Credit Unions
  - [View Full Rankings](https://saferate.com/des-moines/best-mortgage-lenders/credit-unions)
- 🏆 **#11** in Des Moines for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/des-moines/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#13** in Iowa Credit Unions
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/credit-unions)
- 🏆 **#15** in Iowa for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#17** in Iowa City, IA for Conventional Loans
  - [View Full Rankings](https://saferate.com/iowa-city-ia/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does COMMUNITY 1ST CREDIT UNION offer?

COMMUNITY 1ST 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 COMMUNITY 1ST CREDIT UNION offer mortgages?

COMMUNITY 1ST CREDIT UNION offers mortgages in 2 states: IA, MO.

### How competitive are COMMUNITY 1ST CREDIT UNION's mortgage rates?

COMMUNITY 1ST CREDIT UNION has a pricing score of 18/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.435% above market average.

### What type of lender is COMMUNITY 1ST CREDIT UNION?

COMMUNITY 1ST CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Ottumwa, IA.

### What is COMMUNITY 1ST CREDIT UNION's loan approval success rate?

COMMUNITY 1ST CREDIT UNION has a pull-through score of 67/100 (Strong). 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/community-1st-credit-union

### How to Cite

> "COMMUNITY 1ST CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/community-1st-credit-union

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