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Credit Union of Colorado, a Federal Credit Union

Credit UnionDenver, CODirect

Credit Union of Colorado a Federal Credit Union has 90 closed loans in our dataset — fully analyzed and benchmarked against peers across the 4 Ps of Mortgage Shopping.

Pricing
Sound
vs. all lenders
Pull Through
Acceptable
closing strength
Products
Acceptable
Conventional
Place
Sound
Single State · 2 mkts

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Safe Rate's Summary

Things to Think About

  • Pull through efficiency is below industry average

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Report Card

Credit Union of Colorado, a Federal Credit Union performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
Industry Standard
+22.9 bps above market avg
Pull Through
Closing strength
Acceptable
Near industry average
Bottom 40% of lenders
By Loan Product· Specialization by type
Conventional
Acceptable
Near industry average
Bottom 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Acceptable
Near industry average
Bottom 40% of lenders
Refinance
Acceptable
Near industry average
Bottom 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Sound
Industry Standard
Top 60% of lenders
Single State3 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Acceptable
Sound
Acceptable
8897.8%
+0.235%Above
$2,171Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Acceptable
Acceptable
Acceptable
5156.7%
+0.310%Above
$2,773Fees
Refinance
Sound
Acceptable
Strong
Acceptable
3943.3%
+0.141%Above
$1,696Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
90
Applications
213
Volume
$28 million
Pricing & Closing
Avg Rate Spread
+0.229%
vs. market APOR
Avg Net Fees
$2,260
Origination − Credits
Pullthrough Rate
42.3%
Applications → Closed
Typical Borrower
Avg Loan Amount
$320,778
Avg Borrower Income
$157,478
Avg Property Value
$526,111

Geographic Coverage

Geographic Performance

Metro Areas
2
States Served
1
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

CO

Top Metro Areas by Place Specialization Score

1
Denver, COMSA
Volume: 39Mix: 43.33%of portfolio
Place
Strong
2
Grand Junction, CO, COMSA
Volume: 10Mix: 11.11%of portfolio
Place
Sound

Top States by Place Specialization Score

1
COState
Volume: 90Mix: 100.00%of portfolio
Place
Strong

How We Rank Lenders

Our rankings use a weighted average of scores across equally-weighted categories to evaluate lenders on a linear, raw performance scale.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
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 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
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.