What loan types does The People's Credit Union offer?

The People's Credit Union offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing score and performance metrics.

Where does The People's Credit Union offer mortgages?

The People's Credit Union offers mortgages in 3 states: CT, MA, RI.

How competitive are The People's Credit Union's mortgage rates?

The People's Credit Union has an overall pricing score of 82.7/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is The People's Credit Union?

The People's Credit Union is a Credit Union headquartered in Middletown, RI.

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The People's Credit Union

Credit Union•Middletown, RIHQ•Direct•Reviews near you on Google

The People's Credit Union has 82 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Exceptional

5/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Strong

4/5

Conventional · Jumbo

Place

Strong

4/5

Regional · 1 mkts

Summary

What They Do Well

Offers rates 3.60 basis points below market average
Lower than average lender fees

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

The People's Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 3.6 bps below market avg

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

By Loan Product· Specialization by type

Conventional

Acceptable

Bottom 40% of lenders

Jumbo

Strong

Top 40% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Acceptable

Bottom 40% of lenders

Refinance

Acceptable

Bottom 40% of lenders

By Location· Geographic coverage

Geographic Reach

Regional · 1 markets

Strong

Top 40% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Acceptable	Exceptional	Acceptable	68	82.9%	-0.003%Below	$552Fees
Jumbo Loans	Strong	Strong	—	—	14	17.1%	-0.200%Below	$94Fees

Conventional

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Acceptable

Volume68

Mix82.9%

Spread

-0.003%Below

Fees

$552Fees

Jumbo Loans

Overall

Strong

Product

Strong

Pricing—

Pull Through—

Volume14

Mix17.1%

Spread

-0.200%Below

Fees

$94Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Acceptable	Exceptional	Acceptable	59	72.0%	-0.069%Below	$519Fees
Refinance	Sound	Acceptable	Strong	Sound	23	28.0%	+0.052%Above	$348Fees

Purchase

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Acceptable

Volume59

Mix72.0%

Spread

-0.069%Below

Fees

$519Fees

Refinance

Overall

Sound

Product

Acceptable

Pricing

Strong

Pull Through

Sound

Volume23

Mix28.0%

Spread

+0.052%Above

Fees

$348Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

139

Volume

$43 million

Pricing & Closing

Avg Rate Spread

-0.036%

vs. market APOR

Avg Net Fees

$473

Origination − Credits

Pullthrough Rate

59.0%

Applications → Closed

Typical Borrower

Avg Loan Amount

$534,390

Avg Borrower Income

$212,854

Avg Property Value

$783,049

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

Northeast3

CTMARI

Top Metro Areas by Place Specialization Score

Providence, RI-MAMetro

Volume 62Mix 75.61% of portfolio

73/100

Strong

Top States by Place Specialization Score

Rhode IslandState

Volume 58Mix 70.73% of portfolio

72/100

Strong

MassachusettsState

Volume 23Mix 28.05% of portfolio

53/100

Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

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 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

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.