# First Community CU of Beloit

> **Canonical URL:** https://saferate.com/lenders/first-community-cu-of-beloit


> **📋 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


First Community CU of Beloit is a credit union, headquartered in Beloit, WI, serving borrowers across 2 states, with 114 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):** 254900RO87UFWPI72M63
- **Headquarters:** Beloit, WI
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** IL, WI
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

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

### Pull Through: Acceptable 🙂
- Score: 40/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.052%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $665
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 114
- **Dollar Volume:** $20 million
- **Applications Received:** 161
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $174,474
- **Average Borrower Income:** $110,404
- **Average Property Value:** $254,298

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (71%)
- ⭐ **Refinance Gold Superstar** (78%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 51/100 | 113 | +0.053% | $666 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 65 loans, Score: 43/100 (Sound)
- Refinance: 48 loans, Score: 62/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 43/100 | 65 | $12M | +0.107% | Sound ☺️ |
| Refinance | 61/100 | 49 | $8M | -0.023% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WI | 76 | 0.12% | 67/100 |
| IL | 38 | 0.03% | 57/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Janesville | WI | 56 | 81/100 |
| Rockford, IL | IL | 32 | 65/100 |
| Non |  | 11 | 26/100 |

## Where This Lender Ranks

First Community CU of Beloit appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Rockford, IL Credit Unions
  - [View Full Rankings](https://saferate.com/rockford-il/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Janesville for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/janesville/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Rockford, IL for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/rockford-il/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in Janesville Credit Unions
  - [View Full Rankings](https://saferate.com/janesville/best-mortgage-lenders/credit-unions)
- 🏆 **#8** in Janesville for Conventional Loans
  - [View Full Rankings](https://saferate.com/janesville/best-mortgage-lenders/conventional-loans)
- 🏆 **#14** in Rockford, IL for Conventional Loans
  - [View Full Rankings](https://saferate.com/rockford-il/best-mortgage-lenders/conventional-loans)
- 🏆 **#15** in Janesville
  - [View Full Rankings](https://saferate.com/janesville/best-mortgage-lenders)
- 🏆 **#16** in Rockford, IL
  - [View Full Rankings](https://saferate.com/rockford-il/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does First Community CU of Beloit offer?

First Community CU of Beloit offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First Community CU of Beloit offer mortgages?

First Community CU of Beloit offers mortgages in 2 states: IL, WI.

### How competitive are First Community CU of Beloit's mortgage rates?

First Community CU of Beloit 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 0.052% above market average.

### What type of lender is First Community CU of Beloit?

First Community CU of Beloit is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Beloit, WI.

### What is First Community CU of Beloit's loan approval success rate?

First Community CU of Beloit 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:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/first-community-cu-of-beloit

### How to Cite

> "First Community CU of Beloit Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-community-cu-of-beloit

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