# PROPONENT Federal Credit Union

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


PROPONENT Federal Credit Union is a credit union, headquartered in Nutley, NJ, serving borrowers across 12 states, with 31 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 42% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 74% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300SI3EZ7U02L5E39
- **Headquarters:** Nutley, NJ
- **Geographic Reach:** Multi-Region
- **States Served:** 12
- **State List:** FL, KY, MA, MO, NC, NH, NJ, NY, OH, PA, SC, TN
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 58/100
- Rating: ●●●○○ (3/5)

### Pull Through: Acceptable 🙂
- Score: 26/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** -0.301%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,712
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 31
- **Dollar Volume:** $13 million
- **Applications Received:** 64
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $413,710
- **Average Borrower Income:** $192,742
- **Average Property Value:** $615,000

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 22/100 | 30 | -0.310% | $1,741 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 23 loans, Score: 20/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 22/100 | 24 | $10M | -0.235% | Acceptable 🙂 |

## Frequently Asked Questions

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

PROPONENT Federal 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 PROPONENT Federal Credit Union offer mortgages?

PROPONENT Federal Credit Union offers mortgages in 12 states: FL, KY, MA, MO, NC, NH, NJ, NY, OH, PA, SC, TN.

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

PROPONENT Federal Credit Union has a pricing score of 58/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.301% below market average.

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

PROPONENT Federal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Nutley, NJ.

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

PROPONENT Federal Credit Union has a pull-through score of 26/100 (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/proponent-federal-credit-union

### How to Cite

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

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