Credit Union Of Southern California Mortgage Rates, Fees & Info
Anaheim, CALEI: 2549005DO6VPVH5MOS59
Tax ID: 95-1818041
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Credit Union Of Southern California is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Credit Union Of Southern California has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, Santa Maria, San Diego, and Bakersfield among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Credit Union Of Southern California has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.25% | 4/22/24 |
| 30 Year Conventional Refi | 6.37% | 4/22/24 |
| 30 Year Cash-out Refi | 6.47% | 4/22/24 |
| 15 Year Conventional Refi | 6.02% | 4/22/24 |
| 15 Year Cash-out Refi | 6.02% | 4/22/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Credit Union Of Southern California Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Credit Union Of Southern California. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
341Origination Dollar Volume (All Markets)
$117,805,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 228 | $66,830,000 | $293,114 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 97 | $39,885,000 | $411,186 | $0 | 0.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 4 | $8,680,000 | $2,170,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $185,000 | $185,000 | $0 | 0.00% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against Credit Union of Southern California based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 92
Similarity Rank: 210
Similarity Rank: 321
Similarity Rank: 500
Similarity Rank: 515
Similarity Rank: 612
Similarity Rank: 612
Similarity Rank: 732
Similarity Rank: 781
Similarity Rank: 816
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 341 | $117,805,000 | $345,469 | $0 | 0.00% |
For 2018, Credit Union Of Southern California's most frequently originated type of loan was Conventional, with 341 originations.
Loan Reason
For 2018, Credit Union Of Southern California's most frequently cited loan purpose was Cash Out Refi, with 221 originations. The 2nd most popular reason was Home Purchase, with 79 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 341 | $117,805,000 | $345,469 | $0 | 0.00% |
For 2018, Credit Union Of Southern California's most frequently cited loan duration was Other, with 341 originations.
Loan Sizing
2018 saw Credit Union Of Southern California place emphasis on $200k-400k loans with 133 originations, totaling $40,065,000 in origination value.
Applicant Income
Credit Union Of Southern California lent most frequently to those with incomes in the $100k-150k range, with 80 originations. The second most popular income band? $75k-100k, with 71 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 341 | $117,805,000 | $345,469 | $0 | 0.00% |
Credit Union Of Southern California lent most frequently to those with DTI ratios of Exempt%, with 341 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.33%
Credit Union Of Southern California has an average approval rate.
Pick Rate
Approvals leading to origination73.90%
Credit Union Of Southern California has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 341 | $117,805,000 | $345,469 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Credit Union Mortgage Association, Inc. | Conventional home mortgage | Closing on a mortgage | 1 | 50.0% |
| Credit Union Mortgage Association, Inc. | Conventional home mortgage | Trouble during payment process | 1 | 50.0% |