What loan types does Jolt Credit Union offer?

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

Where does Jolt Credit Union offer mortgages?

Jolt Credit Union offers mortgages in 1 states: MI.

How competitive are Jolt Credit Union's mortgage rates?

Jolt Credit Union has an overall pricing score of 61.9/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Jolt Credit Union?

Jolt Credit Union is a Credit Union headquartered in Saginaw, MI.

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Jolt Credit Union

Credit Union•Saginaw, MIHQ•Direct•Reviews near you on Google

Jolt Credit Union has 96 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

Mediocre

1/5

closing strength

Product

Sound

3/5

Conventional

Place

Strong

4/5

Single State · 3 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Competitive pricing compared to the market
Lower than average lender fees

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Jolt Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Strong

+12.2 bps above market avg

4/5

Pull Through

Closing strength

Mediocre

Bottom 20% of lenders

1/5

By Loan Product· Specialization by type

Conventional

96 loans · 0.12% above market

Sound

Top 60% of lenders

3/5

By Loan Purpose· Transaction purpose mix

Purchase

75 loans · 0.16% above market

Sound

Top 60% of lenders

3/5

Refinance

21 loans · 0.09% below market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Single State · 3 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Strong	Sound	96	100.0%	+0.122%Above	$1,912Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Sound

Volume96

Mix100.0%

Spread

+0.122%Above

Fees

$1,912Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Sound	Acceptable	75	78.1%	+0.161%Above	$1,866Fees
Refinance	Acceptable	Acceptable	—	Acceptable	21	21.9%	-0.090%Below	$2,169Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Sound

Pull Through

Acceptable

Volume75

Mix78.1%

Spread

+0.161%Above

Fees

$1,866Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through

Acceptable

Volume21

Mix21.9%

Spread

-0.090%Below

Fees

$2,169Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

316

Volume

$15 million

Pricing & Closing

Avg Rate Spread

+0.122%

vs. market APOR

Avg Net Fees

$1,912

Origination − Credits

Pullthrough Rate

30.4%

Applications → Closed

Typical Borrower

Avg Loan Amount

$157,292

Avg Borrower Income

$95,604

Avg Property Value

$207,604

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

1Full-year 2024 · HMDA

Loans originated

All statesNone

Midwest1

Top Metro Areas by Place Specialization Score

Saginaw, MIMetro

Volume 42Mix 43.75% of portfolio

75/100

Strong

Bay City, MIMetro

Volume 31Mix 32.29% of portfolio

73/100

Strong

Midland, MIMetro

Volume 11Mix 11.46% of portfolio

50/100

Sound

Top States by Place Specialization Score

MichiganState

Volume 96Mix 100.00% of portfolio

68/100

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.