What loan types does Workers Federal Credit Union offer?

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

Where does Workers Federal Credit Union offer mortgages?

Workers Federal Credit Union offers mortgages in 2 states: MA, NH.

How competitive are Workers Federal Credit Union's mortgage rates?

Workers Federal Credit Union has an overall pricing score of 76.6/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Workers Federal Credit Union?

Workers Federal Credit Union is a Credit Union headquartered in Littleton, MA.

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Workers Federal Credit Union

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

Workers Federal Credit Union has 116 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

Strong

4/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Sound

3/5

Conventional

Place

Strong

4/5

Regional · 3 mkts

Summary

What They Do Well

Offers rates 15.40 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

Workers Federal Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Strong

Rates 15.4 bps below market avg

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

By Loan Product· Specialization by type

Conventional

Sound

Top 60% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Acceptable

Bottom 40% of lenders

Refinance

Sound

Top 60% of lenders

By Location· Geographic coverage

Geographic Reach

Regional · 4 markets

Sound

Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Strong	Acceptable	114	98.3%	-0.150%Below	$942Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Acceptable

Volume114

Mix98.3%

Spread

-0.150%Below

Fees

$942Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Acceptable	Strong	Acceptable	75	64.7%	-0.222%Below	$695Fees
Refinance	Sound	Sound	Strong	Sound	41	35.3%	-0.015%Below	$1,324Fees

Purchase

Overall

Sound

Product

Acceptable

Pricing

Strong

Pull Through

Acceptable

Volume75

Mix64.7%

Spread

-0.222%Below

Fees

$695Fees

Refinance

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Sound

Volume41

Mix35.3%

Spread

-0.015%Below

Fees

$1,324Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

116

Applications

207

Volume

$40 million

Pricing & Closing

Avg Rate Spread

-0.154%

vs. market APOR

Avg Net Fees

$901

Origination − Credits

Pullthrough Rate

56.0%

Applications → Closed

Typical Borrower

Avg Loan Amount

$348,103

Avg Borrower Income

$149,517

Avg Property Value

$533,017

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

Northeast2

MANH

Top Metro Areas by Place Specialization Score

Worcester, MAMetro

Volume 56Mix 48.28% of portfolio

76/100

Strong

Cambridge, MAMetro

Volume 27Mix 23.28% of portfolio

58/100

Sound

Manchester, NHMetro

Volume 10Mix 8.62% of portfolio

47/100

Sound

Top States by Place Specialization Score

MassachusettsState

Volume 99Mix 85.34% of portfolio

69/100

Strong

New HampshireState

Volume 17Mix 14.66% of portfolio

52/100

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.