# iQ Credit Union

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


iQ Credit Union is a credit union, headquartered in Vancouver, WA, serving borrowers across 2 states, with 119 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 31% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 58% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900N49YI2HHKDPS92
- **Headquarters:** Vancouver, WA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** OR, WA
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 69/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 42/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.026%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,220
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 119
- **Dollar Volume:** $41 million
- **Applications Received:** 159
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $345,168
- **Average Borrower Income:** $137,050
- **Average Property Value:** $561,891

## Safe Rate Awards 🏆

- ⭐ **Refinance Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 38/100 | 118 | +0.024% | $1,214 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 89 loans, Score: 36/100 (Acceptable)
- Refinance: 29 loans, Score: 43/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 36/100 | 90 | $33M | +0.018% | Acceptable 🙂 |
| Refinance | 42/100 | 29 | $8M | +0.056% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WA | 91 | 0.11% | 70/100 |
| OR | 28 | 0.07% | 57/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Portland | OR-WA | 98 | 74/100 |
| Non |  | 11 | 26/100 |

## Where This Lender Ranks

iQ Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Portland Credit Unions
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/credit-unions)
- 🏆 **#6** in Portland for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

### What loan types does iQ Credit Union offer?

iQ 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 iQ Credit Union offer mortgages?

iQ Credit Union offers mortgages in 2 states: OR, WA.

### How competitive are iQ Credit Union's mortgage rates?

iQ Credit Union has a pricing score of 69/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.026% above market average.

### What type of lender is iQ Credit Union?

iQ Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Vancouver, WA.

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

iQ Credit Union has a pull-through score of 42/100 (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/iq-credit-union

### How to Cite

> "iQ Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/iq-credit-union

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