What loan types does Financial Plus Credit Union offer?

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

Where does Financial Plus Credit Union offer mortgages?

Financial Plus Credit Union offers mortgages in 1 states: IL.

How competitive are Financial Plus Credit Union's mortgage rates?

Financial Plus Credit Union has an overall pricing score of 94.8/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Financial Plus Credit Union?

Financial Plus Credit Union is a Credit Union headquartered in Ottawa, IL.

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Financial Plus Credit Union

Credit Union•Ottawa, ILHQ•Direct•Reviews near you on Google

Financial Plus Credit Union has 111 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

Sound

3/5

closing strength

Product

Acceptable

2/5

Conventional

Place

Sound

3/5

Single State · 1 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Awards

Refinance

Superstar

Summary

What They Do Well

Offers rates 18.30 basis points below market average
Lower than average lender fees

Explore another lender or local market

Report Card

Financial Plus Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 18.3 bps below market avg

5/5

Pull Through

Closing strength

Sound

Top 60% of lenders

3/5

By Loan Product· Specialization by type

Conventional

111 loans · 0.18% below market

Acceptable

Bottom 40% of lenders

2/5

By Loan Purpose· Transaction purpose mix

Purchase

64 loans · 0.21% below market

Acceptable

Bottom 40% of lenders

2/5

Refinance

47 loans · 0.14% below market

Sound

Top 60% of lenders

3/5

By Location· Geographic coverage

Geographic Reach

Single State · 2 markets

Sound

Top 60% of lenders

3/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Acceptable	Exceptional	Acceptable	111	100.0%	-0.183%Below	$433Fees

Conventional

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Acceptable

Volume111

Mix100.0%

Spread

-0.183%Below

Fees

$433Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Acceptable	Exceptional	Acceptable	64	57.7%	-0.212%Below	$448Fees
Refinance	Strong	Sound	Exceptional	Sound	47	42.3%	-0.142%Below	$412Fees

Purchase

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Acceptable

Volume64

Mix57.7%

Spread

-0.212%Below

Fees

$448Fees

Refinance

Overall

Strong

Product

Sound

Pricing

Exceptional

Pull Through

Sound

Volume47

Mix42.3%

Spread

-0.142%Below

Fees

$412Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

111

Applications

152

Volume

$18 million

Pricing & Closing

Avg Rate Spread

-0.183%

vs. market APOR

Avg Net Fees

$433

Origination − Credits

Pullthrough Rate

73.0%

Applications → Closed

Typical Borrower

Avg Loan Amount

$166,982

Avg Borrower Income

$134,117

Avg Property Value

$230,636

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

1Full-year 2024 · HMDA

Loans originated

< 100100+None

Midwest1

Top Metro Areas by Place Specialization Score

Chicago, ILMetro

Volume 14Mix 12.61% of portfolio

47/100

Sound

Top States by Place Specialization Score

IllinoisState

Volume 111Mix 100.00% of portfolio

70/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 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.