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Sikorsky Financial Credit Union

Credit UnionStratford, CTDirect to Consumer

Sikorsky Financial Credit Union has 234 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Exceptional
vs. all lenders
Pull Through
Sound
closing strength
Products
Strong
Conventional · Jumbo
Place
Strong
Single State · 4 mkts
Safe Rate AwardsConventional SuperstarPurchase SuperstarRefinance Superstar

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Safe Rate's Summary

What They Do Well

  • Offers rates 55.50 basis points below market average
  • Lower than average lender fees

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Report Card

Sikorsky Financial Credit Union performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Market Leader
Rates 55.5 bps below market avg
Pull Through
Closing strength
Sound
Industry Standard
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Industry Standard
Top 60% of lenders
Jumbo
Strong
Highly Competitive
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Industry Standard
Top 60% of lenders
Refinance
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Strong
Highly Competitive
Top 40% of lenders
Single State4 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Sound
Exceptional
Sound
22094.0%
-0.533%Below
$924Fees
Jumbo Loans
Sound
Strong
Sound
146.0%
-0.889%Below
$896Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Sound
Exceptional
Sound
16369.7%
-0.550%Below
$994Fees
Refinance
Strong
Strong
Exceptional
Strong
7130.3%
-0.567%Below
$742Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
234
Applications
340
Volume
$85 million
Pricing & Closing
Avg Rate Spread
-0.555%
vs. market APOR
Avg Net Fees
$922
Origination − Credits
Pullthrough Rate
68.8%
Applications → Closed
Typical Borrower
Avg Loan Amount
$366,709
Avg Borrower Income
$170,722
Avg Property Value
$562,735

Geographic Coverage

Geographic Performance

Metro Areas
4
States Served
1
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

CT

Top Metro Areas by Place Specialization Score

1
Bridgeport, CTMSA
Volume: 84Mix: 35.90%of portfolio
Place
Strong
2
Waterbury, CTMSA
Volume: 70Mix: 29.91%of portfolio
Place
Strong
3
New Haven, CT, CTMSA
Volume: 61Mix: 26.07%of portfolio
Place
Strong
4
Hartford, CTMSA
Volume: 18Mix: 7.69%of portfolio
Place
Sound

Top States by Place Specialization Score

1
CTState
Volume: 234Mix: 100.00%of portfolio
Place
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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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.