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SAFE Credit Union

Credit Union|Folsom, CA|Single State
Loans Originated
345
Applications
454
Volume
$203 million
Offers loans directly to consumers
Overall Pricing
Sound
Overall Pull Through
Strong

Pricing and Pullthrough Overview

Average Rate Spread
+0.080%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$1,674
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
76.0%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance

Report Card

SAFE Credit Union performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
SoundIndustry Standard
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
SoundIndustry Standard
Places
Geographic coverage
StrongSingle State · 3 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
$589,406
Average Borrower Income
$225,467
Average Property Value
$854,275

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Strong
Sound
26978.0%+0.077%$1,987
Jumbo Loans
Sound
Strong
Acceptable
Strong
7622.0%+0.096%$93

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Sound
Sound
30488.1%+0.017%$1,968
Refinance
Sound
Sound
Sound
Strong
4111.9%+0.427%$51

Geographic Coverage

Metro Areas
3
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
Sacramento, CAMSA
Volume: 257Mix: 74.49%
Place Specialization
Exceptional
2
Stockton, CAMSA
Volume: 64Mix: 18.55%
Place Specialization
Strong
3
Oakland, CAMSA
Volume: 11Mix: 3.19%
Place Specialization
Sound

Top States by Place Specialization Score

1
CAState
Volume: 345Mix: 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.

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