Looking for a different lender?
F
FIRST TECHNOLOGY FEDERAL CREDIT UNION
Credit Union|San Jose, CA|Multi-Region
Loans Originated
1,121
Applications
1,561
Volume
$772 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Strong
Safe Rate Awards💎Jumbo Champion⭐Refinance Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.012%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$259
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
71.8%
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
- Strong pull through performance
- Particularly strong in Conventional and Jumbo loans
Report Card
FIRST TECHNOLOGY FEDERAL CREDIT UNION performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Strong | Highly Competitive | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Strong | Highly Competitive | |
Jumbo | Exceptional | Market Leader | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Sound | Multi-Regional · 13 metro areas · 24 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$689,237
Average Borrower Income
$252,331
Average Property Value
$1,037,444
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Sound | Strong | Sound | Sound | 855 | 76.3% | +0.068% | $774 |
Jumbo Loans | Exceptional | Exceptional | Exceptional | Strong | 266 | 23.7% | -0.203% | -$1,739 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Sound | Strong | Sound | Sound | 847 | 75.6% | +0.053% | $434 |
Refinance | Strong | Strong | Strong | Strong | 274 | 24.4% | -0.127% | -$330 |
Geographic Coverage
Metro Areas
12
States Served
24
We count Washington DC as a state
Avg Place Specialization
Sound
States with Loan Originations
AZCACOCTDEFLGAIDMAMDMEMNNCNMNVNYOHORPASCTXUTVAWA
Top Metro Areas by Place Specialization Score
1
Seattle, WAMSA
Volume: 261Mix: 23.28%
Place Specialization
Exceptional
2
Portland, OR-WAMSA
Volume: 309Mix: 27.56%
Place Specialization
Exceptional
3
Everett, WA, WAMSA
Volume: 52Mix: 4.64%
Place Specialization
Strong
4
Salem, OR, ORMSA
Volume: 38Mix: 3.39%
Place Specialization
Strong
5
San Jose, CAMSA
Volume: 49Mix: 4.37%
Place Specialization
Strong
6
Oakland, CAMSA
Volume: 40Mix: 3.57%
Place Specialization
Sound
7
Houston, TXMSA
Volume: 48Mix: 4.28%
Place Specialization
Sound
8
Boise City, ID, IDMSA
Volume: 32Mix: 2.85%
Place Specialization
Sound
9
Fort Collins, COMSA
Volume: 18Mix: 1.61%
Place Specialization
Sound
10
San Diego, CAMSA
Volume: 14Mix: 1.25%
Place Specialization
Sound
Showing 10 of 12 metro areas
Top States by Place Specialization Score
1
ORState
Volume: 367Mix: 32.74%
Place Specialization
Exceptional
2
WAState
Volume: 355Mix: 31.67%
Place Specialization
Strong
3
CAState
Volume: 159Mix: 14.18%
Place Specialization
Strong
4
TXState
Volume: 72Mix: 6.42%
Place Specialization
Sound
5
IDState
Volume: 35Mix: 3.12%
Place Specialization
Sound
6
COState
Volume: 30Mix: 2.68%
Place Specialization
Sound
7
MAState
Volume: 13Mix: 1.16%
Place Specialization
Sound
8
GAState
Volume: 15Mix: 1.34%
Place Specialization
Sound
9
NCState
Volume: 16Mix: 1.43%
Place Specialization
Acceptable
10
FLState
Volume: 17Mix: 1.52%
Place Specialization
Acceptable
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 FIRST TECHNOLOGY FEDERAL CREDIT UNION with other lenders or get personalized recommendations.