# VERVE, A CREDIT UNION

> **Canonical URL:** https://saferate.com/lenders/verve-a-credit-union

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

VERVE, A CREDIT UNION is a credit union, headquartered in Oshkosh, WI, serving borrowers across 3 states, with 149 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 18% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 49% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300P6ZERWX5BPWX45
- **Headquarters:** Oshkosh, WI
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** IL, MN, WI
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 82/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 51/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** -0.077%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $654
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 149
- **Dollar Volume:** $36 million
- **Applications Received:** 208
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $238,960
- **Average Borrower Income:** $123,523

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (71%)
- ⭐ **Purchase Gold Superstar** (65%)
- ⭐ **Refinance Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 55/100 | 149 | -0.072% | $654 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 113 loans, Score: 54/100 (Sound)
- Refinance: 36 loans, Score: 56/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 53/100 | 113 | $29M | -0.067% | Sound ☺️ |
| Refinance | 55/100 | 36 | $7M | -0.106% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WI | 145 | 0.22% | 74/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Oshkosh | WI | 68 | 80/100 |
| Fond du Lac, WI | WI | 28 | 69/100 |
| Non |  | 23 | 36/100 |
| Appleton, WI | WI | 14 | 50/100 |

## Frequently Asked Questions

### What loan types does VERVE, A CREDIT UNION offer?

VERVE, A CREDIT UNION offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does VERVE, A CREDIT UNION offer mortgages?

VERVE, A CREDIT UNION offers mortgages in 3 states: IL, MN, WI.

### How competitive are VERVE, A CREDIT UNION's mortgage rates?

VERVE, A CREDIT UNION has a pricing score of 82/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.077% below market average.

### What type of lender is VERVE, A CREDIT UNION?

VERVE, A CREDIT UNION is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Oshkosh, WI.

### What is VERVE, A CREDIT UNION's loan approval success rate?

VERVE, A CREDIT UNION has a pull-through score of 51/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/verve-a-credit-union

### How to Cite

> "VERVE, A CREDIT UNION Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/verve-a-credit-union

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