Looking for a different lender?

S

SOLIDARITY COMMUNITY Federal Credit Union

Credit Union|Kokomo, IN|Single State
Loans Originated
66
Applications
98
Volume
$10 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Acceptable
Safe Rate AwardsConventional Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.356%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$611
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
67.3%
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

Things to Think About

  • Pull through efficiency is below industry average

Report Card

SOLIDARITY COMMUNITY Federal Credit Union performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
AcceptableNear industry average
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundSingle State · 2 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
$151,515
Average Borrower Income
$95,530
Average Property Value
$213,939

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Sound
Strong
Strong
66100.0%+0.356%$611

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Strong
Sound
4771.2%+0.318%$538
Refinance
Sound
Sound
N/A
Strong
1928.8%+0.459%$811

Geographic Coverage

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

States with Loan Originations

IN

Top Metro Areas by Place Specialization Score

1
Kokomo, IN, INMSA
Volume: 52Mix: 78.79%
Place Specialization
Exceptional

Top States by Place Specialization Score

1
INState
Volume: 66Mix: 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 SOLIDARITY COMMUNITY Federal Credit Union with other lenders or get personalized recommendations.

Compare Lenders