# TROPICAL FINANCIAL CREDIT UNION

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


TROPICAL FINANCIAL CREDIT UNION is a credit union, headquartered in Miramar, FL, with 55 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 77% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300BZDER2ZANLA242
- **Headquarters:** Miramar, FL
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** FL
- **Markets (MSAs):** 2
- **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: 23/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.187%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,788
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 55
- **Dollar Volume:** $20 million
- **Applications Received:** 159
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $367,727
- **Average Borrower Income:** $206,800
- **Average Property Value:** $631,545

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 23/100 | 49 | +0.184% | $1,824 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 26 loans, Score: 18/100 (Mediocre)
- Refinance: 23 loans, Score: 38/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 22/100 | 31 | $13M | +0.091% | Acceptable 🙂 |
| Refinance | 36/100 | 24 | $7M | +0.314% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| FL | 55 | 0.02% | 60/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Miami | FL | 18 | 55/100 |
| Fort Lauderdale | FL | 16 | 55/100 |

## Frequently Asked Questions

### What loan types does TROPICAL FINANCIAL CREDIT UNION offer?

TROPICAL FINANCIAL 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 TROPICAL FINANCIAL CREDIT UNION offer mortgages?

TROPICAL FINANCIAL CREDIT UNION offers mortgages in 1 states: FL.

### How competitive are TROPICAL FINANCIAL CREDIT UNION's mortgage rates?

TROPICAL FINANCIAL 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 0.187% above market average.

### What type of lender is TROPICAL FINANCIAL CREDIT UNION?

TROPICAL FINANCIAL CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Miramar, FL.

### What is TROPICAL FINANCIAL CREDIT UNION's loan approval success rate?

TROPICAL FINANCIAL CREDIT UNION has a pull-through score of 23/100 (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/tropical-financial-credit-union

### How to Cite

> "TROPICAL FINANCIAL CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/tropical-financial-credit-union

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