# LINN AREA

> **Canonical URL:** https://saferate.com/lenders/linn-area

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

LINN AREA is a credit union, headquartered in Cedar Rapids, IA, with 116 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 14% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 30% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300EAZZ1G4DMO8869
- **Headquarters:** Cedar Rapids, IA
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** IA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 86/100
- Rating: ●●●●● (5/5)

### Pull Through: Strong 😀
- Score: 70/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** -0.046%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $586
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 116
- **Dollar Volume:** $22 million
- **Applications Received:** 155
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $193,534
- **Average Borrower Income:** $109,319

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (71%)
- ⭐ **Purchase Gold Superstar** (65%)
- ⭐ **Refinance Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 52/100 | 116 | -0.046% | $586 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 90 loans, Score: 49/100 (Sound)
- Refinance: 26 loans, Score: 50/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 49/100 | 90 | $17M | -0.076% | Sound ☺️ |
| Refinance | 50/100 | 26 | $5M | +0.068% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IA | 116 | 0.33% | 71/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Cedar Rapids, IA | IA | 100 | 79/100 |

## Frequently Asked Questions

### What loan types does LINN AREA offer?

LINN AREA offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does LINN AREA offer mortgages?

LINN AREA offers mortgages in 1 states: IA.

### How competitive are LINN AREA's mortgage rates?

LINN AREA has a pricing score of 86/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.046% below market average.

### What type of lender is LINN AREA?

LINN AREA is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Cedar Rapids, IA.

### What is LINN AREA's loan approval success rate?

LINN AREA has a pull-through score of 70/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/linn-area

### How to Cite

> "LINN AREA Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/linn-area

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