What loan types does WEBSTER FIRST Federal Credit Union offer?

WEBSTER FIRST Federal Credit Union offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing score and performance metrics.

Where does WEBSTER FIRST Federal Credit Union offer mortgages?

WEBSTER FIRST Federal Credit Union offers mortgages in 5 states: CT, FL, MA, NH, PA.

How competitive are WEBSTER FIRST Federal Credit Union's mortgage rates?

WEBSTER FIRST Federal Credit Union has an overall pricing score of 81/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is WEBSTER FIRST Federal Credit Union?

WEBSTER FIRST Federal Credit Union is a Credit Union headquartered in Worcester, MA.

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WEBSTER FIRST Federal Credit Union

Credit Union•Worcester, MAHQ•Direct•Reviews near you on Google

WEBSTER FIRST Federal Credit Union has 63 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

Sound

3/5

Conventional · Jumbo

Place

Strong

4/5

Regional · 1 mkts

Summary

What They Do Well

Offers rates 9.70 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

WEBSTER FIRST Federal Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 9.7 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

Sound

Top 60% 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	53	84.1%	-0.109%Below	$349Fees
Jumbo Loans	Sound	Sound	—	—	10	15.9%	+0.114%Above	$488Fees

Conventional

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Acceptable

Volume53

Mix84.1%

Spread

-0.109%Below

Fees

$349Fees

Jumbo Loans

Overall

Sound

Product

Sound

Pricing—

Pull Through—

Volume10

Mix15.9%

Spread

+0.114%Above

Fees

$488Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Acceptable	Exceptional	Acceptable	51	81.0%	-0.131%Below	$347Fees
Refinance	Acceptable	Acceptable	—	Acceptable	12	19.0%	-0.004%Below	$381Fees

Purchase

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Acceptable

Volume51

Mix81.0%

Spread

-0.131%Below

Fees

$347Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through

Acceptable

Volume12

Mix19.0%

Spread

-0.004%Below

Fees

$381Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

108

Volume

$34 million

Pricing & Closing

Avg Rate Spread

-0.097%

vs. market APOR

Avg Net Fees

$356

Origination − Credits

Pullthrough Rate

58.3%

Applications → Closed

Typical Borrower

Avg Loan Amount

$545,952

Avg Borrower Income

$255,810

Avg Property Value

$906,270

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

Northeast4

CTMANHPA

South1

Top Metro Areas by Place Specialization Score

Worcester, MAMetro

Volume 42Mix 66.67% of portfolio

73/100

Strong

Top States by Place Specialization Score

MassachusettsState

Volume 49Mix 77.78% of portfolio

63/100

Strong

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.