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TECH Credit Union

Credit Union|Crown Point, IN|Multi-Region
Loans Originated
176
Applications
207
Volume
$34 million
Offers loans directly to consumers
Overall Pull Through
Strong

Pricing and Pullthrough Overview

Pullthrough Rate
85.0%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance

Report Card

TECH Credit Union performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
N/ANo data available
Pull Through
Closing Strength
StrongHighly Competitive
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
StrongMulti-Regional · 2 metro areas · 8 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$195,455
Average Borrower Income
$106,653
Average Property Value
$269,375

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
N/A
Strong
176100.0%

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
N/A
Strong
12772.2%
Refinance
Sound
Sound
N/A
Strong
4927.8%

Geographic Coverage

Metro Areas
2
States Served
8
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
Lake County, INMSA
Volume: 134Mix: 76.14%
Place Specialization
Exceptional
2
Michigan City, INMSA
Volume: 17Mix: 9.66%
Place Specialization
Strong

Top States by Place Specialization Score

1
INState
Volume: 159Mix: 90.34%
Place Specialization
Strong
2
ILState
Volume: 10Mix: 5.68%
Place Specialization
Sound

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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