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NORTHROP GRUMMAN Federal Credit Union

Credit UnionGardena, CADirect to Consumer

Northrop Grumman Federal Credit Union has 158 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Sound
vs. all lenders
Pull Through
Acceptable
closing strength
Products
Acceptable
Conventional
Place
Sound
Near-National · 3 mkts

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Safe Rate's Summary

What They Do Well

  • Nationwide availability with consistent service

Things to Think About

  • Pull through efficiency is below industry average

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Report Card

NORTHROP GRUMMAN Federal Credit Union performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
Industry Standard
+13.1 bps above market avg
Pull Through
Closing strength
Acceptable
Near industry average
Bottom 40% of lenders
By Loan Product· Specialization by type
Conventional
Acceptable
Near industry average
Bottom 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Acceptable
Near industry average
Bottom 40% of lenders
Refinance
Acceptable
Near industry average
Bottom 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Near-National3 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Acceptable
Acceptable
Sound
Acceptable
15598.1%
+0.124%Above
$2,209Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Acceptable
Sound
Acceptable
11774.1%
+0.163%Above
$2,209Fees
Refinance
Sound
Acceptable
Strong
Acceptable
4125.9%
+0.008%Above
$2,205Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
158
Applications
267
Volume
$57 million
Pricing & Closing
Avg Rate Spread
+0.131%
vs. market APOR
Avg Net Fees
$2,208
Origination − Credits
Pullthrough Rate
59.2%
Applications → Closed
Typical Borrower
Avg Loan Amount
$366,519
Avg Borrower Income
$162,981
Avg Property Value
$595,380

Geographic Coverage

Geographic Performance

Metro Areas
3
States Served
27
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
Los Angeles, CAMSA
Volume: 33Mix: 20.89%of portfolio
Place
Sound
2
Baltimore, MDMSA
Volume: 27Mix: 17.09%of portfolio
Place
Sound
3
Palm Bay, FLMSA
Volume: 11Mix: 6.96%of portfolio
Place
Sound

Top States by Place Specialization Score

1
CAState
Volume: 55Mix: 34.81%of portfolio
Place
Sound
2
MDState
Volume: 29Mix: 18.35%of portfolio
Place
Sound
3
FLState
Volume: 18Mix: 11.39%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.