# Royal Credit Union

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


Royal Credit Union is a credit union, headquartered in Eau Claire, WI, serving borrowers across 20 states, with 2,305 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 35% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 13% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300OZ550X4QD5PC74
- **Headquarters:** Eau Claire, WI
- **Geographic Reach:** Multi-Region
- **States Served:** 20
- **State List:** AK, AZ, CA, FL, GA, IA, IL, IN, MD, MI, MN, NC, ND, NE, NH, OH, TN, TX, WA, WI
- **Markets (MSAs):** 6
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pull Through: Exceptional 🤩
- Score: 87/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.180%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,713
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 2,305
- **Dollar Volume:** $666 million
- **Applications Received:** 2,804
- **Market Share:** 6.00%

## Typical Borrower Profile

- **Average Loan Amount:** $289,126
- **Average Borrower Income:** $112,222
- **Average Property Value:** $364,475

## Safe Rate Awards 🏆

- 💎 **Conventional Diamond Champion** (83%)
- 💎 **Purchase Diamond Champion** (83%)
- ⭐ **FHA Gold Superstar** (70%)
- ⭐ **VA Gold Superstar** (63%)
- ⭐ **Refinance Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 86/100 | 2,076 | +0.166% | $1,653 | Exceptional 🤩 |
| FHA | 72/100 | 175 | +0.524% | $2,949 | Strong 😀 |
| VA | 68/100 | 25 | -0.129% | $1,776 | Strong 😀 |
| Jumbo | 70/100 | 26 | +0.529% | $0 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 1,879 loans, Score: 86/100 (Exceptional)
- Refinance: 197 loans, Score: 78/100 (Strong)

**FHA:**
- Purchase: 172 loans, Score: 72/100 (Strong)

**VA:**
- Purchase: 22 loans, Score: 61/100 (Strong)

**Jumbo:**
- Purchase: 26 loans, Score: 72/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 85/100 | 2,102 | $626M | +0.181% | Exceptional 🤩 |
| Refinance | 77/100 | 203 | $40M | +0.167% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| MN | 1,205 | 1.86% | 89/100 |
| WI | 1,070 | 1.62% | 90/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Minneapolis | MN-WI | 1,191 | 91/100 |
| Eau Claire, WI | WI | 569 | 100/100 |
| Non |  | 427 | 69/100 |
| St. Cloud, MN | MN | 26 | 57/100 |
| Wausau, WI | WI | 14 | 44/100 |
| Duluth, MN | MN-WI | 13 | 44/100 |

## Where This Lender Ranks

Royal Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Minnesota
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders)
- 🥇 **#1** in Minnesota Credit Unions
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions)
- 🥇 **#1** in Minnesota for Conventional Loans
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Minnesota for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Minnesota for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions/fha-loans)
- 🥇 **#1** in Minnesota for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥇 **#1** in Minneapolis
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders)
- 🥇 **#1** in Minneapolis Credit Unions
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/credit-unions)
- 🥇 **#1** in Minneapolis for Conventional Loans
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Minneapolis for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Minneapolis for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/credit-unions/fha-loans)
- 🥇 **#1** in Minneapolis for Jumbo Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/credit-unions/jumbo-loans)
- 🥇 **#1** in Wisconsin for FHA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/wisconsin/best-mortgage-lenders/credit-unions/fha-loans)
- 🥇 **#1** in Eau Claire, WI
  - [View Full Rankings](https://saferate.com/eau-claire-wi/best-mortgage-lenders)
- 🥇 **#1** in Eau Claire, WI for Conventional Loans
  - [View Full Rankings](https://saferate.com/eau-claire-wi/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Eau Claire, WI for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/eau-claire-wi/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Eau Claire, WI for FHA Loans
  - [View Full Rankings](https://saferate.com/eau-claire-wi/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Duluth, MN for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/duluth-mn/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥈 **#2** in Minnesota for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minnesota/best-mortgage-lenders/credit-unions/va-loans)
- 🥈 **#2** in Minneapolis for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/minneapolis/best-mortgage-lenders/credit-unions/va-loans)

## Frequently Asked Questions

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

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

### Where does Royal Credit Union offer mortgages?

Royal Credit Union offers mortgages in 20 states: AK, AZ, CA, FL, GA, IA, IL, IN, MD, MI, MN, NC, ND, NE, NH, OH, TN, TX, WA, WI.

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

Royal Credit Union has a pricing score of 65/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.180% above market average.

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

Royal Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Eau Claire, WI.

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

Royal Credit Union has a pull-through score of 87/100 (Exceptional). 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/royal-credit-union

### How to Cite

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

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