# Fortera Federal Credit Union

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


Fortera Federal Credit Union is a credit union, headquartered in Clarksville, TN, serving borrowers across 3 states, with 115 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 44% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 65% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900WQCRCK13A7DC81
- **Headquarters:** Clarksville, TN
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** IN, KY, TN
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 56/100
- Rating: ●●●○○ (3/5)

### Pull Through: Acceptable 🙂
- Score: 35/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.172%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,527
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 115
- **Dollar Volume:** $22 million
- **Applications Received:** 187
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $189,348
- **Average Borrower Income:** $101,322
- **Average Property Value:** $313,087

## Safe Rate Awards 🏆

- ⭐ **Refinance Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 51/100 | 92 | +0.355% | $1,335 | Sound ☺️ |
| VA | 62/100 | 23 | -0.389% | $2,114 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 33 loans, Score: 36/100 (Acceptable)
- Refinance: 59 loans, Score: 66/100 (Strong)

**VA:**
- Purchase: 21 loans, Score: 61/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 37/100 | 54 | $15M | -0.102% | Acceptable 🙂 |
| Refinance | 62/100 | 61 | $7M | +0.673% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TN | 72 | 0.08% | 66/100 |
| KY | 42 | 0.09% | 62/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Clarksville, TN | TN-KY | 96 | 83/100 |
| Non |  | 10 | 25/100 |

## Where This Lender Ranks

Fortera Federal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Clarksville, TN for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/clarksville-tn/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#4** in Clarksville, TN Credit Unions
  - [View Full Rankings](https://saferate.com/clarksville-tn/best-mortgage-lenders/credit-unions)
- 🏆 **#4** in Clarksville, TN for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/clarksville-tn/best-mortgage-lenders/credit-unions/va-loans)
- 🏆 **#11** in Clarksville, TN for Conventional Loans
  - [View Full Rankings](https://saferate.com/clarksville-tn/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

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

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

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

Fortera Federal Credit Union offers mortgages in 3 states: IN, KY, TN.

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

Fortera Federal Credit Union has a pricing score of 56/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.172% above market average.

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

Fortera Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Clarksville, TN.

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

Fortera Federal Credit Union has a pull-through score of 35/100 (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:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/fortera-federal-credit-union

### How to Cite

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

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