What loan types does Freedom Credit Union offer?

Freedom Credit Union offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

Where does Freedom Credit Union offer mortgages?

Freedom Credit Union offers mortgages in 3 states: CT, MA, VT.

How competitive are Freedom Credit Union's mortgage rates?

Freedom Credit Union has an overall pricing score of 71.1/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Freedom Credit Union?

Freedom Credit Union is a Credit Union headquartered in Springfield, MA.

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Freedom Credit Union

Credit Union•Springfield, MAHQ•Direct•Reviews near you on Google

Freedom Credit Union has 76 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Strong

4/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Sound

3/5

Conventional

Place

Strong

4/5

Regional · 1 mkts

Summary

What They Do Well

Competitive pricing compared to the market
Lower than average lender fees

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Freedom Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Strong

+6.6 bps above market avg

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

By Loan Product· Specialization by type

Conventional

Sound

Top 60% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Acceptable

Bottom 40% of lenders

Refinance

Sound

Top 60% of lenders

By Location· Geographic coverage

Geographic Reach

Regional · 2 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	Sound	Sound	Strong	Sound	75	98.7%	+0.072%Above	$973Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Sound

Volume75

Mix98.7%

Spread

+0.072%Above

Fees

$973Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Acceptable	Strong	Acceptable	57	75.0%	+0.004%Above	$1,165Fees
Refinance	Sound	Sound	—	Sound	19	25.0%	+0.263%Above	$378Fees

Purchase

Overall

Sound

Product

Acceptable

Pricing

Strong

Pull Through

Acceptable

Volume57

Mix75.0%

Spread

+0.004%Above

Fees

$1,165Fees

Refinance

Overall

Sound

Product

Sound

Pricing—

Pull Through

Sound

Volume19

Mix25.0%

Spread

+0.263%Above

Fees

$378Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

136

Volume

$20 million

Pricing & Closing

Avg Rate Spread

+0.066%

vs. market APOR

Avg Net Fees

$976

Origination − Credits

Pullthrough Rate

55.9%

Applications → Closed

Typical Borrower

Avg Loan Amount

$273,684

Avg Borrower Income

$115,737

Avg Property Value

$390,658

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

Northeast3

CTMAVT

Top Metro Areas by Place Specialization Score

Springfield, MAMetro

Volume 53Mix 69.74% of portfolio

76/100

Strong

Top States by Place Specialization Score

MassachusettsState

Volume 70Mix 92.11% of portfolio

67/100

Strong

How 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.