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BMI Federal Credit Union

Credit Union|Dublin, OH|Multi-Region
Loans Originated
65
Applications
71
Volume
$17 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Sound

Pricing and Pullthrough Overview

Average Rate Spread
+0.199%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$732
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
91.5%
Percentage of applications that result in closed loans

Report Card

BMI Federal Credit Union performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
AcceptableNear industry average
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
AcceptableNear industry average
Refinance
AcceptableNear industry average
Places
Geographic coverage
SoundMulti-Regional · 2 metro areas · 6 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$261,923
Average Borrower Income
$135,523
Average Property Value
$354,048

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Acceptable
Sound
Sound
65100.0%+0.199%$732

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Acceptable
Sound
Sound
4873.8%+0.255%$837
Refinance
Sound
Acceptable
N/A
Strong
1726.2%+0.019%$397

Geographic Coverage

Metro Areas
1
States Served
6
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

FLMENCNYOHWV

Top Metro Areas by Place Specialization Score

1
Columbus, OH, OHMSA
Volume: 44Mix: 67.69%
Place Specialization
Strong

Top States by Place Specialization Score

1
OHState
Volume: 58Mix: 89.23%
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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