Get & compare mortgage quotes anonymously Start in My Home
HFCU

HONDA Federal Credit Union

Credit UnionTorrance, CAHQDirectReviews near you on Google

HONDA Federal Credit Union has 166 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Sound
3/5
vs. all lenders
Pull-through
Acceptable
2/5
closing strength
Product
Acceptable
2/5
Conventional
Place
Strong
4/5
Multi-Region · 1 mkts

Safe Rate Summary

Things to Think About

  • Pull through efficiency is below industry average

Explore another lender or local market

Report Card

HONDA Federal Credit Union performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
+36.7 bps above market avg
Pull Through
Closing strength
Acceptable
Bottom 40% of lenders
By Loan Product· Specialization by type
Conventional
Acceptable
Bottom 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Acceptable
Bottom 40% of lenders
Refinance
Acceptable
Bottom 40% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 2 markets
Sound
Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Acceptable
Product
Acceptable
Pricing
Sound
Pull Through
Acceptable
Volume164
Mix98.8%
Spread
+0.371%Above
Fees
$1,819Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Sound
Product
Acceptable
Pricing
Sound
Pull Through
Acceptable
Volume146
Mix88.0%
Spread
+0.296%Above
Fees
$1,776Fees
Refinance
Overall
Acceptable
Product
Acceptable
Pricing
Pull Through
Mediocre
Volume20
Mix12.0%
Spread
+0.807%Above
Fees
$2,048Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
166
Applications
278
Volume
$37 million
Pricing & Closing
Avg Rate Spread
+0.367%
vs. market APOR
Avg Net Fees
$1,813
Origination − Credits
Pullthrough Rate
59.7%
Applications → Closed
Typical Borrower
Avg Loan Amount
$224,639
Avg Borrower Income
$115,940
Avg Property Value
$317,651

Geographic Coverage

Geographic Performance

Metro Areas
1
markets with activity
States Served
20
of 50 states + DC
Avg Place Specialization
Strong
4/5

States with Loan Originations

20
20 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Northeast3
MEPAVT
Midwest5
ILINMIMNOH
South8
ALFLGAKYNCTNTXVA
West4
AZCANVWA

Top Metro Areas by Place Specialization Score

Volume 40Mix 24.10% of portfolio
62/100
Strong

Top States by Place Specialization Score

Ohio
Ohio
1
OhioState
Volume 103Mix 62.05% of portfolio
67/100
Strong
Alabama
Alabama
2
AlabamaState
Volume 13Mix 7.83% of portfolio
46/100
Sound
Indiana
Indiana
3
IndianaState
Volume 10Mix 6.02% of portfolio
41/100
Sound

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.

Looking for a different lender?

Are you the owner of HONDA Federal Credit Union?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile
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.