Looking for a different lender?
R
REDWOOD
Credit Union|Santa Rosa, CA|Single State
Loans Originated
478
Applications
701
Volume
$362 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong
Safe Rate Awards⭐Conventional Superstar⭐Jumbo Superstar⭐Purchase Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.182%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$800
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
68.2%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Strong pull through performance
- Particularly strong in Conventional and Jumbo loans
Report Card
REDWOOD performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Sound | Industry Standard | |
Pull Through Closing Strength | Strong | Highly Competitive | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Strong | Highly Competitive | |
Jumbo | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Strong | Highly Competitive | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | Single State · 6 metro areas · 1 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$757,322
Average Borrower Income
$261,215
Average Property Value
$1,214,749
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Strong | Strong | Sound | Strong | 390 | 81.6% | +0.219% | $941 |
Jumbo Loans | Strong | Strong | Strong | Strong | 88 | 18.4% | +0.012% | $150 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Strong | Strong | Sound | Strong | 414 | 86.6% | +0.182% | $799 |
Refinance | Sound | Strong | Sound | Sound | 64 | 13.4% | +0.182% | $806 |
Geographic Coverage
Metro Areas
5
States Served
1
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
CA
Top Metro Areas by Place Specialization Score
1
Santa Rosa, CAMSA
Volume: 166Mix: 34.73%
Place Specialization
Exceptional
2
San Francisco, CAMSA
Volume: 186Mix: 38.91%
Place Specialization
Exceptional
3
San Rafael, CA, CAMSA
Volume: 38Mix: 7.95%
Place Specialization
Strong
4
Napa, CA, CAMSA
Volume: 12Mix: 2.51%
Place Specialization
Sound
5
Oakland, CAMSA
Volume: 15Mix: 3.14%
Place Specialization
Sound
Top States by Place Specialization Score
1
CAState
Volume: 478Mix: 100.00%
Place Specialization
Strong
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.
Ready to Get Started?
Compare REDWOOD with other lenders or get personalized recommendations.