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CLEARWATER Federal Credit Union

Credit Union|Missoula, MT|Single State
Loans Originated
67
Applications
105
Volume
$26 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Acceptable

Pricing and Pullthrough Overview

Average Rate Spread
-0.263%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,196
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
63.8%
Percentage of applications that result in closed loans

Safe Rate's Summary

Things to Think About

  • Pull through efficiency is below industry average

Report Card

CLEARWATER Federal Credit Union performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
AcceptableNear industry average
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
SoundIndustry Standard
Places
Geographic coverage
ExceptionalSingle State · 1 metro areas · 1 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$400,373
Average Borrower Income
$158,373
Average Property Value
$628,731

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Sound
Strong
6191.0%-0.223%$2,300

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Sound
Sound
5379.1%-0.454%$2,263
Refinance
Sound
Sound
N/A
Sound
1420.9%+0.515%$1,921

Geographic Coverage

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

States with Loan Originations

MT

Top Metro Areas by Place Specialization Score

1
Missoula, MT, MTMSA
Volume: 57Mix: 85.07%
Place Specialization
Exceptional

Top States by Place Specialization Score

1
MTState
Volume: 67Mix: 100.00%
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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