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ALLEGACY FEDERAL CREDIT UNION

Credit Union|Winston-Salem, NC|Multi-Region
Loans Originated
290
Applications
452
Volume
$74 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
-0.301%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
-$160
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
64.2%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 30.10 basis points below market average
  • Lower than average lender fees
  • Strong pull through performance

Report Card

ALLEGACY 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
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
StrongHighly Competitive
Places
Geographic coverage
SoundMulti-Regional · 4 metro areas · 11 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$256,724
Average Borrower Income
$130,203
Average Property Value
$397,379

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Exceptional
Sound
27795.5%-0.301%-$160

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
N/A
Sound
14851.0%-0.369%$332
Refinance
Strong
Strong
Exceptional
Strong
14249.0%-0.295%-$201

Geographic Coverage

Metro Areas
3
States Served
11
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
Winston, NCMSA
Volume: 186Mix: 64.14%
Place Specialization
Exceptional
2
Greensboro, NCMSA
Volume: 25Mix: 8.62%
Place Specialization
Sound
3
Charlotte, NC-SCMSA
Volume: 24Mix: 8.28%
Place Specialization
Sound

Top States by Place Specialization Score

1
NCState
Volume: 266Mix: 91.72%
Place Specialization
Strong

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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