First Technology Federal Credit Union
We analyzed every closed loan from First Technology Federal Credit Union — 1.1k loans across 2k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Strong
4/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Exceptional
5/5
Conventional · Jumbo
Place
Sound
3/5
Multi-Region · 12 mkts
Promptness
Mediocre
1/5
No reply within 4+ business days
Awards
Jumbo
Champion
Refinance
Superstar
Summary
What They Do Well
- Competitive pricing compared to the market
- Lower than average lender fees
- Strong pull through performance
- Particularly strong in Conventional and Jumbo loans
Explore another lender or local market
Report Card
First Technology Federal Credit Union performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
+1.2 bps above market avg
Pull Through
Closing strength
Strong
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Top 40% of lenders
Jumbo
Exceptional
Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Strong
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 13 markets
Sound
Top 60% of lenders
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 855 | 76.3% | +0.068%Above | $774Fees | ||||
Jumbo Loans | 266 | 23.7% | -0.203%Below | $1,739Credit |
Conventional
OverallSound
ProductStrong
PricingSound
Pull ThroughSound
Volume855
Mix76.3%
Spread
+0.068%Above
Fees
$774Fees
Jumbo Loans
OverallExceptional
ProductExceptional
PricingExceptional
Pull ThroughStrong
Volume266
Mix23.7%
Spread
-0.203%Below
Fees
$1,739Credit
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 847 | 75.6% | +0.053%Above | $434Fees | ||||
Refinance | 274 | 24.4% | -0.127%Below | $330Credit |
Purchase
OverallSound
ProductStrong
PricingSound
Pull ThroughSound
Volume847
Mix75.6%
Spread
+0.053%Above
Fees
$434Fees
Refinance
OverallStrong
ProductStrong
PricingStrong
Pull ThroughStrong
Volume274
Mix24.4%
Spread
-0.127%Below
Fees
$330Credit
At a Glance
Lender Overview
Lending Activity
Loans Originated
1,121
Applications
1,561
Volume
$772 million
Pricing & Closing
Avg Rate Spread
+0.012%
vs. market APOR
Avg Net Fees
$259
Origination − Credits
Pullthrough Rate
71.8%
Applications → Closed
Typical Borrower
Avg Loan Amount
$689,237
Avg Borrower Income
$252,331
Avg Property Value
$1,037,444
Geographic Coverage
Geographic Performance
Metro Areas
12
markets with activity
States Served
24
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
24Northeast5
CTMEMANYPA
Midwest2
MNOH
South8
DEFLGAMDNCSCTXVA
West9
AZCACOIDNMNVORUTWA
Top Metro Areas by Place Specialization Score
Volume 261Mix 23.28% of portfolio
82/100
Exceptional
Volume 309Mix 27.56% of portfolio
82/100
Exceptional
Volume 52Mix 4.64% of portfolio
67/100
Strong
Volume 38Mix 3.39% of portfolio
65/100
Strong
Volume 49Mix 4.37% of portfolio
62/100
Strong
Volume 40Mix 3.57% of portfolio
58/100
Sound
Volume 48Mix 4.28% of portfolio
55/100
Sound
Volume 32Mix 2.85% of portfolio
54/100
Sound
Volume 18Mix 1.61% of portfolio
50/100
Sound
Volume 14Mix 1.25% of portfolio
43/100
SoundShowing 10 of 12 metro areas
Top States by Place Specialization Score
1
OregonState
Volume 367Mix 32.74% of portfolio
83/100
Exceptional2
WashingtonState
Volume 355Mix 31.67% of portfolio
80/100
Strong3
CaliforniaState
Volume 159Mix 14.18% of portfolio
61/100
Strong4
TexasState
Volume 72Mix 6.42% of portfolio
53/100
Sound5
IdahoState
Volume 35Mix 3.12% of portfolio
52/100
Sound6
ColoradoState
Volume 30Mix 2.68% of portfolio
49/100
Sound7
MassachusettsState
Volume 13Mix 1.16% of portfolio
40/100
Sound8
GeorgiaState
Volume 15Mix 1.34% of portfolio
40/100
Sound9
North CarolinaState
Volume 16Mix 1.43% of portfolio
40/100
Acceptable10
FloridaState
Volume 17Mix 1.52% of portfolio
37/100
AcceptableHow We Rank Lenders
Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.
Our Point System (Max 30 Points)
10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
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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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.