# Horizon Federally Insured State-Chartered Credit Union

> **Canonical URL:** https://saferate.com/lenders/horizon-federally-insured-state-chartered-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


Horizon Federally Insured State-Chartered Credit Union is a credit union, headquartered in Spokane Valley, WA, serving borrowers across 4 states, with 81 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 85% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 68% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300715JT4HMT74E48
- **Headquarters:** Spokane Valley, WA
- **Geographic Reach:** Regional
- **States Served:** 4
- **State List:** ID, MT, OR, WA
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 15/100
- Rating: ●○○○○ (1/5)

### Pull Through: Acceptable 🙂
- Score: 32/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.589%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $4,148
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 81
- **Dollar Volume:** $22 million
- **Applications Received:** 135
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $275,123
- **Average Borrower Income:** $110,432
- **Average Property Value:** $413,765

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 31/100 | 75 | +0.646% | $4,131 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 43 loans, Score: 28/100 (Acceptable)
- Refinance: 32 loans, Score: 38/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 30/100 | 49 | $15M | +0.393% | Acceptable 🙂 |
| Refinance | 34/100 | 32 | $7M | +1.019% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WA | 33 | 0.04% | 59/100 |
| MT | 22 | 0.21% | 56/100 |
| ID | 20 | 0.07% | 53/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 37 | 47/100 |
| Spokane | WA | 17 | 57/100 |
| Boise City, ID | ID | 12 | 48/100 |

## Where This Lender Ranks

Horizon Federally Insured State-Chartered Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#9** in Montana for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/montana/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#9** in Spokane for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/spokane/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#10** in Montana Credit Unions
  - [View Full Rankings](https://saferate.com/montana/best-mortgage-lenders/credit-unions)

## Frequently Asked Questions

### What loan types does Horizon Federally Insured State-Chartered Credit Union offer?

Horizon Federally Insured State-Chartered 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 Horizon Federally Insured State-Chartered Credit Union offer mortgages?

Horizon Federally Insured State-Chartered Credit Union offers mortgages in 4 states: ID, MT, OR, WA.

### How competitive are Horizon Federally Insured State-Chartered Credit Union's mortgage rates?

Horizon Federally Insured State-Chartered Credit Union has a pricing score of 15/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.589% above market average.

### What type of lender is Horizon Federally Insured State-Chartered Credit Union?

Horizon Federally Insured State-Chartered Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Spokane Valley, WA.

### What is Horizon Federally Insured State-Chartered Credit Union's loan approval success rate?

Horizon Federally Insured State-Chartered Credit Union has a pull-through score of 32/100 (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/horizon-federally-insured-state-chartered-credit-union

### How to Cite

> "Horizon Federally Insured State-Chartered Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/horizon-federally-insured-state-chartered-credit-union

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