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ABERDEEN PROVING GROUND FEDERAL CREDIT UNION

Credit Union|Edgewood, MD|Multi-Region
Loans Originated
251
Applications
317
Volume
$62 million
Offers loans directly to consumers
Overall Pricing
Exceptional
Overall Pull Through
Strong
Safe Rate AwardsConventional SuperstarRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.258%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$955
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
79.2%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 25.80 basis points below market average
  • Lower than average lender fees
  • Strong pull through performance

Report Card

ABERDEEN PROVING GROUND FEDERAL CREDIT UNION performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
ExceptionalMarket Leader
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
StrongHighly Competitive
Places
Geographic coverage
SoundMulti-Regional · 3 metro areas · 7 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$250,777
Average Borrower Income
$121,267
Average Property Value
$395,159

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Sound
Exceptional
Strong
24296.4%-0.266%$885

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Strong
Sound
14859.0%-0.309%$1,346
Refinance
Strong
Strong
Exceptional
Strong
10341.0%-0.181%$368

Geographic Coverage

Metro Areas
2
States Served
7
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

DEFLMDNJPASCVA

Top Metro Areas by Place Specialization Score

1
Baltimore, MDMSA
Volume: 139Mix: 55.38%
Place Specialization
Strong
2
Wilmington, DEMSA
Volume: 75Mix: 29.88%
Place Specialization
Strong

Top States by Place Specialization Score

1
MDState
Volume: 218Mix: 86.85%
Place Specialization
Strong
2
DEState
Volume: 13Mix: 5.18%
Place Specialization
Sound
3
PAState
Volume: 12Mix: 4.78%
Place Specialization
Sound

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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