Looking for a different lender?

C

Connexus Credit Union

Credit Union|Wausau, WI|Near-National
Loans Originated
172
Applications
303
Volume
$38 million
Offers loans directly to consumers
Overall Pricing
Exceptional
Overall Pull Through
Acceptable
Safe Rate AwardsConventional Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.045%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$177
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
56.8%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees
  • Nationwide availability with consistent service

Things to Think About

  • Pull through efficiency is below industry average

Report Card

Connexus Credit Union performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
ExceptionalMarket Leader
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
AcceptableNear industry average
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundNear-National · 3 metro areas · 29 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$223,663
Average Borrower Income
$142,297
Average Property Value
$362,267

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Sound
Exceptional
Sound
17098.8%+0.051%$179

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Acceptable
Exceptional
Acceptable
7443.0%-0.219%$202
Refinance
Sound
Sound
Strong
Sound
9857.0%+0.226%$160

Geographic Coverage

Metro Areas
2
States Served
29
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

ARAZCACOCTFLGAILINMAMEMIMNMONCNENHNJNYOHOKPATNTXVAVTWAWIWY

Top Metro Areas by Place Specialization Score

1
Wausau, WI, WIMSA
Volume: 12Mix: 6.98%
Place Specialization
Sound
2
Minneapolis, MN-WIMSA
Volume: 13Mix: 7.56%
Place Specialization
Sound

Top States by Place Specialization Score

1
WIState
Volume: 72Mix: 41.86%
Place Specialization
Strong
2
MNState
Volume: 20Mix: 11.63%
Place Specialization
Sound
3
ILState
Volume: 15Mix: 8.72%
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.

Ready to Get Started?

Compare Connexus Credit Union with other lenders or get personalized recommendations.

Compare Lenders