What loan types does New Horizons Credit Union offer?

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

Where does New Horizons Credit Union offer mortgages?

New Horizons Credit Union offers mortgages in 2 states: AL, MS.

How competitive are New Horizons Credit Union's mortgage rates?

New Horizons Credit Union has an overall pricing score of 85.6/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is New Horizons Credit Union?

New Horizons Credit Union is a Credit Union headquartered in Mobile, AL.

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New Horizons Credit Union

Credit Union•Mobile, ALHQ•Direct•Reviews near you on Google

New Horizons Credit Union has 52 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

Acceptable

2/5

closing strength

Product

Acceptable

2/5

Conventional

Place

Strong

4/5

Regional · 2 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Offers rates 78.00 basis points below market average

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

New Horizons Credit Union performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 78.0 bps below market avg

5/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

52 loans · 0.78% below market

Acceptable

Bottom 40% of lenders

2/5

By Loan Purpose· Transaction purpose mix

Purchase

36 loans · 0.91% below market

Acceptable

Bottom 40% of lenders

2/5

Refinance

16 loans · 0.59% below market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Regional · 2 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	Acceptable	Exceptional	Sound	52	100.0%	-0.780%Below	$2,436Fees

Conventional

Overall

Sound

Product

Acceptable

Pricing

Exceptional

Pull Through

Sound

Volume52

Mix100.0%

Spread

-0.780%Below

Fees

$2,436Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Acceptable	—	Sound	36	69.2%	-0.905%Below	$2,802Fees
Refinance	Sound	Acceptable	—	Sound	16	30.8%	-0.591%Below	$1,888Fees

Purchase

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through

Sound

Volume36

Mix69.2%

Spread

-0.905%Below

Fees

$2,802Fees

Refinance

Overall

Sound

Product

Acceptable

Pricing—

Pull Through

Sound

Volume16

Mix30.8%

Spread

-0.591%Below

Fees

$1,888Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

Applications

Volume

$13 million

Pricing & Closing

Avg Rate Spread

-0.780%

vs. market APOR

Avg Net Fees

$2,436

Origination − Credits

Pullthrough Rate

63.4%

Applications → Closed

Typical Borrower

Avg Loan Amount

$257,692

Avg Borrower Income

$139,750

Avg Property Value

$366,346

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

< 5050+None

South2

ALMS

Top Metro Areas by Place Specialization Score

Mobile, ALMetro

Volume 34Mix 65.38% of portfolio

74/100

Strong

Daphne, ALMetro

Volume 16Mix 30.77% of portfolio

60/100

Sound

Top States by Place Specialization Score

AlabamaState

Volume 51Mix 98.08% of portfolio

67/100

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.