What loan types does Local Government offer?

Local Government offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

Where does Local Government offer mortgages?

Local Government offers mortgages in 5 states: GA, NC, SC, TN, VA.

How competitive are Local Government's mortgage rates?

Local Government has an overall pricing score of 19.9/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Local Government?

Local Government is a Credit Union headquartered in Raleigh, NC.

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Local Government

Credit Union•Raleigh, NCHQ•Direct•Reviews near you on Google

Local Government has 212 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

Mediocre

1/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Sound

3/5

Conventional

Place

Sound

3/5

Regional · 5 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

Things to Think About

Rates typically 70 basis points above market average
Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Local Government performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Mediocre

+70.2 bps above market avg

1/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

212 loans · 0.70% above market

Sound

Top 60% of lenders

3/5

By Loan Purpose· Transaction purpose mix

Purchase

168 loans · 0.56% above market

Sound

Top 60% of lenders

3/5

Refinance

44 loans · 1.05% above market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Regional · 6 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	Sound	Mediocre	Acceptable	212	100.0%	+0.702%Above	$1,927Fees

Conventional

Overall

Acceptable

Product

Sound

Pricing

Mediocre

Pull Through

Acceptable

Volume212

Mix100.0%

Spread

+0.702%Above

Fees

$1,927Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Sound	Acceptable	Acceptable	168	79.2%	+0.555%Above	$1,949Fees
Refinance	Acceptable	Acceptable	Mediocre	Mediocre	44	20.8%	+1.055%Above	$1,875Fees

Purchase

Overall

Acceptable

Product

Sound

Pricing

Acceptable

Pull Through

Acceptable

Volume168

Mix79.2%

Spread

+0.555%Above

Fees

$1,949Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing

Mediocre

Pull Through

Mediocre

Volume44

Mix20.8%

Spread

+1.055%Above

Fees

$1,875Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

212

Applications

558

Volume

$44 million

Pricing & Closing

Avg Rate Spread

+0.702%

vs. market APOR

Avg Net Fees

$1,927

Origination − Credits

Pullthrough Rate

38.0%

Applications → Closed

Typical Borrower

Avg Loan Amount

$207,689

Avg Borrower Income

$89,014

Avg Property Value

$250,896

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

5Full-year 2024 · HMDA

Loans originated

All statesNone

South5

GANCSCTNVA

Top Metro Areas by Place Specialization Score

Charlotte, NC-SCMetro

Volume 30Mix 14.15% of portfolio

57/100

Sound

Greensboro, NCMetro

Volume 19Mix 8.96% of portfolio

56/100

Sound

Winston, NCMetro

Volume 17Mix 8.02% of portfolio

53/100

Sound

Hickory, NCMetro

Volume 15Mix 7.08% of portfolio

52/100

Sound

Wilmington, NCMetro

Volume 10Mix 4.72% of portfolio

46/100

Sound

Top States by Place Specialization Score

North CarolinaState

Volume 199Mix 93.87% of portfolio

72/100

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.