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MAINSTREET FEDERAL CREDIT UNION

Credit Union|Lenexa, KS|Regional
Loans Originated
91
Applications
148
Volume
$23 million
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Strong
Overall Pull Through
Acceptable

Pricing and Pullthrough Overview

Average Rate Spread
-0.027%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,074
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
61.5%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Offers rates 2.70 basis points below market average
  • Lower than average lender fees

Things to Think About

  • Pull through efficiency is below industry average

Report Card

MAINSTREET FEDERAL CREDIT UNION performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
AcceptableNear industry average
Products
Loan Type Specialists
Specialization score by loan product
Conventional
AcceptableNear industry average
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
AcceptableNear industry average
Refinance
AcceptableNear industry average
Places
Geographic coverage
StrongRegional · 1 metro areas · 2 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$253,462
Average Borrower Income
$121,604
Average Property Value
$376,099

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Acceptable
Strong
Acceptable
9098.9%-0.031%$1,056

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Acceptable
Strong
Acceptable
6268.1%-0.036%$1,029
Refinance
Sound
Acceptable
Exceptional
Sound
2931.9%-0.007%$1,169

Geographic Coverage

Metro Areas
1
States Served
2
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

KSMO

Top Metro Areas by Place Specialization Score

1
Kansas City, MO, MO-KSMSA
Volume: 69Mix: 75.82%
Place Specialization
Strong

Top States by Place Specialization Score

1
KSState
Volume: 71Mix: 78.02%
Place Specialization
Strong
2
MOState
Volume: 20Mix: 21.98%
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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