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ALTRA Federal Credit Union
Credit Union|ONALASKA, WI|Multi-Region
Loans Originated
1,076
Applications
1,365
Volume
$301 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Exceptional
Safe Rate Awards💎VA Champion⭐Conventional Superstar⭐FHA Superstar⭐Purchase Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.329%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$978
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
78.8%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and VA loans
Report Card
ALTRA Federal Credit Union performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Sound | Industry Standard | |
Pull Through Closing Strength | Exceptional | Market Leader | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Sound | Industry Standard | |
VA | Strong | Highly Competitive | |
Jumbo | Sound | Industry Standard | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | Multi-Regional · 7 metro areas · 9 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$280,381
Average Borrower Income
$132,044
Average Property Value
$375,678
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Exceptional | Sound | Exceptional | 999 | 92.8% | +0.368% | $977 |
FHA Loans | Strong | Sound | Exceptional | Sound | 27 | 2.5% | +0.129% | $1,278 |
VA Loans | Exceptional | Strong | Exceptional | Exceptional | 35 | 3.3% | -0.579% | $519 |
Jumbo Loans | Sound | Sound | N/A | N/A | 15 | 1.4% | +0.101% | $1,431 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Strong | Sound | Strong | 792 | 73.6% | +0.325% | $1,071 |
Refinance | Sound | Strong | Acceptable | Strong | 284 | 26.4% | +0.342% | $709 |
Geographic Coverage
Metro Areas
6
States Served
9
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
ARCOFLIAKYMNTNTXWI
Top Metro Areas by Place Specialization Score
1
La Crosse, WI-MNMSA
Volume: 462Mix: 42.94%
Place Specialization
Exceptional
2
Tyler, TX, TXMSA
Volume: 97Mix: 9.01%
Place Specialization
Exceptional
3
Rochester, MN, MNMSA
Volume: 93Mix: 8.64%
Place Specialization
Exceptional
4
Clarksville, TN, TN-KYMSA
Volume: 82Mix: 7.62%
Place Specialization
Strong
5
Nashville, TNMSA
Volume: 22Mix: 2.04%
Place Specialization
Sound
6
Minneapolis, MN-WIMSA
Volume: 21Mix: 1.95%
Place Specialization
Sound
Top States by Place Specialization Score
1
WIState
Volume: 558Mix: 51.86%
Place Specialization
Exceptional
2
MNState
Volume: 246Mix: 22.86%
Place Specialization
Strong
3
TNState
Volume: 109Mix: 10.13%
Place Specialization
Strong
4
TXState
Volume: 144Mix: 13.38%
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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