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HERITAGE SOUTH COMMUNITY CU

Credit Union|Shelbyville, TN|Single State
Loans Originated
26
Applications
61
Volume
$4 million
Offers loans directly to consumers
Overall Pull Through
Acceptable

Pricing and Pullthrough Overview

Pullthrough Rate
42.6%
Percentage of applications that result in closed loans

Safe Rate's Summary

Things to Think About

  • Pull through efficiency is below industry average

Report Card

HERITAGE SOUTH COMMUNITY CU performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
N/ANo data available
Pull Through
Closing Strength
AcceptableNear industry average
Products
Loan Type Specialists
Specialization score by loan product
Conventional
MediocreBelow peers
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
MediocreBelow peers
Refinance
AcceptableNear industry average
Places
Geographic coverage
SoundSingle State · 1 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
$175,000
Average Borrower Income
$102,769
Average Property Value
$298,462

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Mediocre
Mediocre
N/A
Mediocre
26100.0%+1.135%$646

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Mediocre
Mediocre
N/A
Mediocre
1246.2%+1.099%$500
Refinance
Acceptable
Acceptable
N/A
Acceptable
1453.8%+1.148%$694

Geographic Coverage

Metro Areas
0
States Served
1
We count Washington DC as a state
Avg Place Specialization
N/A

States with Loan Originations

TN

Top States by Place Specialization Score

1
TNState
Volume: 26Mix: 100.00%
Place Specialization
Sound

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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