What loan types does Wright Patman Congressional Federal Credit Union offer?

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

Where does Wright Patman Congressional Federal Credit Union offer mortgages?

Wright Patman Congressional Federal Credit Union offers mortgages in 25 states: AZ, CA, CO, DC, DE, GA, IA, IL, MA, MD, ME, MN, MS, NC, NE, NJ, NM, NY, OH, OK, OR, PA, TX, VA, WA.

What type of lender is Wright Patman Congressional Federal Credit Union?

Wright Patman Congressional Federal Credit Union is a Credit Union headquartered in Oakton, VA.

Unclaimed

Wright Patman Congressional Federal Credit Union

Q: How competitive are Wright Patman Congressional Federal Credit Union's mortgage rates?

Wright Patman Congressional Federal Credit Union has an overall pricing score of 75.2/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

Credit Union•Oakton, VAHQ•Direct•Reviews near you on Google

Wright Patman Congressional Federal Credit Union has 92 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

Acceptable

2/5

Conventional

Place

Sound

3/5

Near-National · 2 mkts

Summary

What They Do Well

Offers rates 28.70 basis points below market average
Lower than average lender fees
Nationwide availability with consistent service

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Wright Patman Congressional Federal Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Strong

Rates 28.7 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

By Loan Purpose· Transaction purpose mix

Purchase

Acceptable

Bottom 40% of lenders

Refinance

Acceptable

Bottom 40% of lenders

By Location· Geographic coverage

Geographic Reach

Near-National · 2 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	Acceptable	Strong	Acceptable	90	97.8%	-0.290%Below	$1,267Fees

Conventional

Overall

Sound

Product

Acceptable

Pricing

Strong

Pull Through

Acceptable

Volume90

Mix97.8%

Spread

-0.290%Below

Fees

$1,267Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Acceptable	Strong	Acceptable	70	76.1%	-0.277%Below	$1,350Fees
Refinance	Acceptable	Acceptable	—	Sound	22	23.9%	-0.332%Below	$1,189Fees

Purchase

Overall

Sound

Product

Acceptable

Pricing

Strong

Pull Through

Acceptable

Volume70

Mix76.1%

Spread

-0.277%Below

Fees

$1,350Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through

Sound

Volume22

Mix23.9%

Spread

-0.332%Below

Fees

$1,189Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

149

Volume

$41 million

Pricing & Closing

Avg Rate Spread

-0.287%

vs. market APOR

Avg Net Fees

$1,320

Origination − Credits

Pullthrough Rate

61.7%

Applications → Closed

Typical Borrower

Avg Loan Amount

$446,196

Avg Borrower Income

$241,402

Avg Property Value

$707,283

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

Northeast5

MEMANJNYPA

Midwest5

IAILMNNEOH

South9

DCDEGAMDMSNCOKTXVA

West6

AZCACONMORWA

Top Metro Areas by Place Specialization Score

Washington, DC, DC-MDMetro

Volume 19Mix 20.65% of portfolio

58/100

Sound

Arlington, VA-WVMetro

Volume 20Mix 21.74% of portfolio

54/100

Sound

Top States by Place Specialization Score

Washington, DCState

Volume 14Mix 15.22% of portfolio

53/100

Sound

VirginiaState

Volume 21Mix 22.83% of portfolio

52/100

Sound

MarylandState

Volume 16Mix 17.39% of portfolio

49/100

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.

Looking for a different lender?

Are you the owner of Wright Patman Congressional Federal Credit Union?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

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.