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Nizari Progressive FCU

Credit UnionSugar Land, TXDirect to Consumer

Nizari Progressive FCU has 32 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Mediocre
vs. all lenders
Pull Through
Acceptable
closing strength
Products
Mediocre
Conventional
Place
Sound
Regional · 2 mkts

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Safe Rate's Summary

Things to Think About

  • Pricing may be below industry average
  • Higher than average fees ($4,131)
  • Pull through efficiency is below industry average

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Report Card

Nizari Progressive FCU performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
Below peers
+11.5 bps above market avg
Pull Through
Closing strength
Acceptable
Near industry average
Bottom 40% of lenders
By Loan Product· Specialization by type
Conventional
Mediocre
Below peers
Bottom 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Mediocre
Below peers
Bottom 20% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Regional2 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Mediocre
Mediocre
Mediocre
Mediocre
2371.9%
+0.184%Above
$4,211Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Mediocre
Mediocre
Mediocre
Mediocre
2784.4%
+0.175%Above
$4,036Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
32
Applications
72
Volume
$19 million
Pricing & Closing
Avg Rate Spread
+0.115%
vs. market APOR
Avg Net Fees
$4,131
Origination − Credits
Pullthrough Rate
44.4%
Applications → Closed
Typical Borrower
Avg Loan Amount
$612,812
Avg Borrower Income
$419,375
Avg Property Value
$864,062

Geographic Coverage

Geographic Performance

Metro Areas
2
States Served
4
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

FLNJPATX

Top Metro Areas by Place Specialization Score

1
Houston, TXMSA
Volume: 17Mix: 53.12%of portfolio
Place
Sound
2
Austin, TXMSA
Volume: 10Mix: 31.25%of portfolio
Place
Sound

Top States by Place Specialization Score

1
TXState
Volume: 29Mix: 90.62%of portfolio
Place
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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The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
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.