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Royal Credit Union
Credit Union|Eau Claire, WI|Multi-Region
Loans Originated
2,305
Applications
2,804
Volume
$666 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Exceptional
Safe Rate Awards💎Conventional Champion💎Purchase Champion⭐FHA Superstar⭐Refinance Superstar
Pricing and Pullthrough Overview
Average Rate Spread
+0.180%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,713
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
82.2%
Percentage of applications that result in closed loans
Safe Rate's Summary
What They Do Well
- Competitive pricing compared to the market
- Lower than average lender fees
- Strong pull through performance
- Particularly strong in Conventional and FHA and VA and Jumbo loans
Report Card
Royal Credit Union performance at a glance
| Category | Rating | Grade | Details |
|---|---|---|---|
Pricing Rate competitiveness | Strong | Highly Competitive | |
Pull Through Closing Strength | Exceptional | Market Leader | |
Products Loan Type Specialists | Specialization score by loan product | ||
Conventional | Exceptional | Market Leader | |
FHA | Strong | Highly Competitive | |
VA | Strong | Highly Competitive | |
Jumbo | Strong | Highly Competitive | |
Purpose Reason specialization | Specialization score by loan purpose | ||
Purchase | Exceptional | Market Leader | |
Refinance | Strong | Highly Competitive | |
Places Geographic coverage | Strong | Multi-Regional · 6 metro areas · 20 states |
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)
Typical Borrower Profile
Average Loan Amount
$289,126
Average Borrower Income
$112,222
Average Property Value
$364,475
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | Exceptional | Exceptional | Strong | Exceptional | 2,076 | 90.1% | +0.166% | $1,653 |
FHA Loans | Strong | Strong | Sound | Exceptional | 175 | 7.6% | +0.524% | $2,949 |
VA Loans | Sound | Strong | Acceptable | Exceptional | 25 | 1.1% | -0.129% | $1,776 |
Jumbo Loans | Strong | Strong | N/A | Strong | 26 | 1.1% | +0.529% | $0 |
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | Exceptional | Exceptional | Strong | Exceptional | 2,102 | 91.2% | +0.181% | $1,785 |
Refinance | Strong | Strong | Strong | Strong | 203 | 8.8% | +0.167% | $1,104 |
Geographic Coverage
Metro Areas
5
States Served
20
We count Washington DC as a state
Avg Place Specialization
Strong
States with Loan Originations
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Top Metro Areas by Place Specialization Score
1
Eau Claire, WI, WIMSA
Volume: 569Mix: 24.69%
Place Specialization
Exceptional
2
Minneapolis, MN-WIMSA
Volume: 1,191Mix: 51.67%
Place Specialization
Exceptional
3
St. Cloud, MN, MNMSA
Volume: 26Mix: 1.13%
Place Specialization
Sound
4
Wausau, WI, WIMSA
Volume: 14Mix: 0.61%
Place Specialization
Sound
5
Duluth, MN, MN-WIMSA
Volume: 13Mix: 0.56%
Place Specialization
Sound
Top States by Place Specialization Score
1
WIState
Volume: 1,070Mix: 46.42%
Place Specialization
Exceptional
2
MNState
Volume: 1,205Mix: 52.28%
Place Specialization
Exceptional
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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