# Provident Credit Union

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


Provident Credit Union is a credit union, headquartered in Redwood City, CA, with 281 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 11% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 33% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 254900P2JMSUZCYLE858
- **Headquarters:** Redwood City, CA
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** CA
- **Markets (MSAs):** 5
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 89/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 67/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.836%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $357
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 281
- **Dollar Volume:** $250 million
- **Applications Received:** 347
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $888,025
- **Average Borrower Income:** $312,804
- **Average Property Value:** $1,305,356

## Safe Rate Awards 🏆

- 💎 **Jumbo Diamond Champion** (84%)
- ⭐ **Conventional Gold Superstar** (65%)
- ⭐ **Purchase Gold Superstar** (65%)
- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 44/100 | 185 | -0.731% | $524 | Sound ☺️ |
| Jumbo | 79/100 | 96 | -1.023% | $62 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 149 loans, Score: 43/100 (Sound)
- Refinance: 36 loans, Score: 46/100 (Sound)

**Jumbo:**
- Purchase: 88 loans, Score: 80/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 49/100 | 237 | $220M | -0.855% | Sound ☺️ |
| Refinance | 48/100 | 44 | $30M | -0.717% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CA | 281 | 0.10% | 72/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Oakland | CA | 109 | 77/100 |
| San Jose | CA | 61 | 69/100 |
| San Francisco | CA | 38 | 66/100 |
| Stockton | CA | 22 | 58/100 |
| Sacramento | CA | 16 | 48/100 |

## Where This Lender Ranks

Provident Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Oakland Credit Unions
  - [View Full Rankings](https://saferate.com/oakland/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in San Jose Credit Unions
  - [View Full Rankings](https://saferate.com/san-jose/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in San Francisco Credit Unions
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/credit-unions)
- 🥈 **#2** in San Francisco for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥈 **#2** in Stockton Credit Unions
  - [View Full Rankings](https://saferate.com/stockton/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in San Jose for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/san-jose/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in Stockton for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/stockton/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#4** in Oakland for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/oakland/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#4** in San Jose for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/san-jose/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#4** in San Francisco for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#5** in Stockton for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/stockton/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#7** in Oakland for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/oakland/best-mortgage-lenders/credit-unions/conventional-loans)
- 🏆 **#7** in Stockton
  - [View Full Rankings](https://saferate.com/stockton/best-mortgage-lenders)
- 🏆 **#8** in Oakland
  - [View Full Rankings](https://saferate.com/oakland/best-mortgage-lenders)
- 🏆 **#8** in San Jose
  - [View Full Rankings](https://saferate.com/san-jose/best-mortgage-lenders)
- 🏆 **#8** in San Francisco
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders)
- 🏆 **#9** in Stockton for Jumbo Loans
  - [View Full Rankings](https://saferate.com/stockton/best-mortgage-lenders/jumbo-loans)
- 🏆 **#10** in San Francisco for Jumbo Loans
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/jumbo-loans)
- 🏆 **#12** in Oakland for Jumbo Loans
  - [View Full Rankings](https://saferate.com/oakland/best-mortgage-lenders/jumbo-loans)
- 🏆 **#12** in San Jose for Jumbo Loans
  - [View Full Rankings](https://saferate.com/san-jose/best-mortgage-lenders/jumbo-loans)

## Frequently Asked Questions

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

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

### Where does Provident Credit Union offer mortgages?

Provident Credit Union offers mortgages in 1 states: CA.

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

Provident Credit Union has a pricing score of 89/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.836% below market average.

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

Provident Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Redwood City, CA.

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

Provident Credit Union has a pull-through score of 67/100 (Strong). 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/provident-credit-union

### How to Cite

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

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