What loan types does IDEAL Credit Union offer?

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

Where does IDEAL Credit Union offer mortgages?

IDEAL Credit Union offers mortgages in 2 states: MN, WI.

How competitive are IDEAL Credit Union's mortgage rates?

IDEAL Credit Union has an overall pricing score of 49.8/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is IDEAL Credit Union?

IDEAL Credit Union is a Credit Union headquartered in Woodbury, MN.

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IDEAL Credit Union

Credit Union•Woodbury, MNHQ•Direct•Reviews near you on Google

IDEAL Credit Union has 110 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

Sound

3/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Acceptable

2/5

Conventional

Place

Strong

4/5

Regional · 1 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

IDEAL Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

Rates 30.9 bps below market avg

3/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

108 loans · 0.30% below market

Acceptable

Bottom 40% of lenders

2/5

By Loan Purpose· Transaction purpose mix

Purchase

82 loans · 0.23% below market

Acceptable

Bottom 40% of lenders

2/5

Refinance

28 loans · 0.54% below market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Regional · 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	Acceptable	Acceptable	Sound	Acceptable	108	98.2%	-0.301%Below	$2,421Fees

Conventional

Overall

Acceptable

Product

Acceptable

Pricing

Sound

Pull Through

Acceptable

Volume108

Mix98.2%

Spread

-0.301%Below

Fees

$2,421Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Acceptable	Sound	Acceptable	82	74.5%	-0.225%Below	$2,731Fees
Refinance	Sound	Acceptable	Sound	Sound	28	25.5%	-0.542%Below	$1,779Fees

Purchase

Overall

Acceptable

Product

Acceptable

Pricing

Sound

Pull Through

Acceptable

Volume82

Mix74.5%

Spread

-0.225%Below

Fees

$2,731Fees

Refinance

Overall

Sound

Product

Acceptable

Pricing

Sound

Pull Through

Sound

Volume28

Mix25.5%

Spread

-0.542%Below

Fees

$1,779Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

110

Applications

186

Volume

$33 million

Pricing & Closing

Avg Rate Spread

-0.309%

vs. market APOR

Avg Net Fees

$2,479

Origination − Credits

Pullthrough Rate

59.1%

Applications → Closed

Typical Borrower

Avg Loan Amount

$306,182

Avg Borrower Income

$135,664

Avg Property Value

$430,727

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

2Full-year 2024 · HMDA

Loans originated

< 1010+None

Midwest2

MNWI

Top Metro Areas by Place Specialization Score

Minneapolis, MN-WIMetro

Volume 88Mix 80.00% of portfolio

69/100

Strong

Top States by Place Specialization Score

MinnesotaState

Volume 97Mix 88.18% of portfolio

69/100

Strong

WisconsinState

Volume 13Mix 11.82% of portfolio

46/100

Sound

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.