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Del Norte Credit Union

Credit Union|Santa Fe, NM|Single State
Loans Originated
92
Applications
134
Volume
$37 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Acceptable
Safe Rate AwardsConventional SuperstarPurchase Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.488%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,594
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
68.7%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 48.80 basis points below market average
  • Lower than average lender fees

Things to Think About

  • Pull through efficiency is below industry average

Report Card

Del Norte Credit Union performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
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
StrongSingle State · 2 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
$407,500
Average Borrower Income
$150,652
Average Property Value
$554,348

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Sound
Strong
Strong
8996.7%-0.486%$1,616

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Sound
Strong
Strong
7581.5%-0.515%$1,706
Refinance
Sound
Sound
N/A
Sound
1718.5%-0.369%$1,103

Geographic Coverage

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

States with Loan Originations

NM

Top Metro Areas by Place Specialization Score

1
Santa Fe, NM, NMMSA
Volume: 43Mix: 46.74%
Place Specialization
Exceptional

Top States by Place Specialization Score

1
NMState
Volume: 92Mix: 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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