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FIRST COMMUNITY CREDIT UNION

Credit Union|JAMESTOWN, ND|Regional
Loans Originated
354
Applications
1,056
Volume
$73 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Sound
Safe Rate AwardsConventional SuperstarFHA SuperstarRefinance Superstar

Pricing and Pullthrough Overview

Average Rate Spread
-0.162%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,292
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
33.5%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 16.20 basis points below market average
  • Particularly strong in Conventional and FHA and VA loans

Report Card

FIRST COMMUNITY CREDIT UNION performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
StrongHighly Competitive
Places
Geographic coverage
StrongRegional · 4 metro areas · 2 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$208,588
Average Borrower Income
$99,842
Average Property Value
$283,023

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Strong
Sound
28279.7%-0.106%$2,345
FHA Loans
Strong
Strong
Exceptional
Sound
4512.7%-0.285%$1,754
VA Loans
Sound
Strong
N/A
Sound
185.1%-0.895%$2,983

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Strong
Acceptable
28379.9%-0.229%$2,434
Refinance
Strong
Strong
Strong
Strong
7120.1%+0.124%$1,685

Geographic Coverage

Metro Areas
3
States Served
2
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

MNND

Top Metro Areas by Place Specialization Score

1
Fargo, ND, ND-MNMSA
Volume: 101Mix: 28.53%
Place Specialization
Exceptional
2
Grand Forks, ND, ND-MNMSA
Volume: 34Mix: 9.60%
Place Specialization
Strong
3
Bismarck, ND, NDMSA
Volume: 27Mix: 7.63%
Place Specialization
Strong

Top States by Place Specialization Score

1
NDState
Volume: 288Mix: 81.36%
Place Specialization
Exceptional
2
MNState
Volume: 66Mix: 18.64%
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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