# REDWOOD

> **Canonical URL:** https://saferate.com/lenders/redwood


> **📋 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


REDWOOD is a credit union, headquartered in Santa Rosa, CA, with 478 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 59% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 31% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 5493001WRXQTCKCA6205
- **Headquarters:** Santa Rosa, CA
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** CA
- **Markets (MSAs):** 6
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 41/100
- Rating: ●●●○○ (3/5)

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

### Pricing Details
- **Average Rate Spread:** +0.182%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $800
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 478
- **Dollar Volume:** $362 million
- **Applications Received:** 701
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $757,322
- **Average Borrower Income:** $261,215
- **Average Property Value:** $1,214,749

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (63%)
- ⭐ **Jumbo Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 67/100 | 390 | +0.219% | $941 | Strong 😀 |
| Jumbo | 80/100 | 88 | +0.012% | $150 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 334 loans, Score: 66/100 (Strong)
- Refinance: 56 loans, Score: 61/100 (Strong)

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

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 67/100 | 414 | $326M | +0.182% | Strong 😀 |
| Refinance | 62/100 | 64 | $36M | +0.182% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CA | 478 | 0.17% | 76/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| San Francisco | CA | 186 | 91/100 |
| Santa Rosa | CA | 166 | 98/100 |
| Non |  | 43 | 41/100 |
| San Rafael, CA | CA | 38 | 79/100 |
| Oakland | CA | 15 | 47/100 |
| Napa, CA | CA | 12 | 59/100 |

## Where This Lender Ranks

REDWOOD appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in San Francisco for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥉 **#3** in San Francisco Credit Unions
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/credit-unions)
- 🥉 **#3** in Santa Rosa
  - [View Full Rankings](https://saferate.com/santa-rosa/best-mortgage-lenders)
- 🥉 **#3** in Santa Rosa for Jumbo Loans
  - [View Full Rankings](https://saferate.com/santa-rosa/best-mortgage-lenders/jumbo-loans)
- 🏆 **#4** in San Francisco for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🏆 **#4** in Santa Rosa for Conventional Loans
  - [View Full Rankings](https://saferate.com/santa-rosa/best-mortgage-lenders/conventional-loans)
- 🏆 **#11** in San Rafael, CA
  - [View Full Rankings](https://saferate.com/san-rafael-ca/best-mortgage-lenders)
- 🏆 **#11** in San Rafael, CA for Jumbo Loans
  - [View Full Rankings](https://saferate.com/san-rafael-ca/best-mortgage-lenders/jumbo-loans)
- 🏆 **#12** in San Francisco for Conventional Loans
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/conventional-loans)
- 🏆 **#12** in San Francisco for Jumbo Loans
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders/jumbo-loans)
- 🏆 **#12** in Napa, CA for Conventional Loans
  - [View Full Rankings](https://saferate.com/napa-ca/best-mortgage-lenders/conventional-loans)
- 🏆 **#13** in San Rafael, CA for Conventional Loans
  - [View Full Rankings](https://saferate.com/san-rafael-ca/best-mortgage-lenders/conventional-loans)
- 🏆 **#15** in San Francisco
  - [View Full Rankings](https://saferate.com/san-francisco/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does REDWOOD offer?

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

### Where does REDWOOD offer mortgages?

REDWOOD offers mortgages in 1 states: CA.

### How competitive are REDWOOD's mortgage rates?

REDWOOD has a pricing score of 41/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.182% above market average.

### What type of lender is REDWOOD?

REDWOOD is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Santa Rosa, CA.

### What is REDWOOD's loan approval success rate?

REDWOOD has a pull-through score of 69/100 (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/redwood

### How to Cite

> "REDWOOD Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/redwood

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