Kaiprm Nwfcu Mortgage Rates, Fees & Info

Portland, OR

LEI: 2549007J4YBSVYO3WC19

Tax ID: 93-0601164

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Kaiprm Nwfcu is a smaller credit union specializing in Cash Out Refi loans. Kaiprm Nwfcu has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Bend, Astoria, and Longview among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kaiprm Nwfcu has an above average approval rate when compared to the average across all 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.

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    Originations

    21

    Origination Dollar Volume (All Markets)

    $4,805,000

    Top 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
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 17 $3,885,000 $228,529 $3,603 3.01%
    BEND, OR (FHA|USDA|VA) 2 $690,000 $345,000 $4,842 2.90%
    Astoria, OR (FHA|USDA|VA) 1 $125,000 $125,000 $3,302 2.30%
    LONGVIEW, WA (FHA|USDA|VA) 1 $105,000 $105,000 $1,528 3.40%
    Kaiprm Nwfcu's top markets include Portland, Bend, Astoria, and Longview among others.

    Their top states include:
  • Oregon (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 21 $4,805,000 $228,810 $3,608 2.98%

    For 2022, Kaiprm Nwfcu's most frequently originated type of loan was Conventional, with 21 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 16 $3,650,000 $228,125 $3,626 3.10%
    Home Improvement 4 $860,000 $215,000 $3,127 2.63%
    Refi 1 $295,000 $295,000 $4,763 2.50%

    For 2022, Kaiprm Nwfcu's most frequently cited loan purpose was Cash Out Refi, with 16 originations. The 2nd most popular reason was Home Improvement, with 4 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 21 $4,805,000 $228,810 $3,608 2.98%

    For 2022, Kaiprm Nwfcu's most frequently cited loan duration was 15 Year, with 21 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 8 $2,070,000 $258,750
    $1k-2k 7 $975,000 $139,286
    $<1k 2 $120,000 $60,000
    $3k-4k 1 $355,000 $355,000
    $4k-5k 1 $465,000 $465,000
    $5k+ 1 $515,000 $515,000

    Kaiprm Nwfcu's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 8 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 9 $1,935,000 $215,000
    3-4% 9 $2,125,000 $236,111
    2.5-3% 3 $745,000 $248,333

    During 2022, Kaiprm Nwfcu's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was <2.5%, with 9 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 10 $2,730,000 $273,000 $4,159 2.87%
    $100k-200k 7 $975,000 $139,286 $2,540 2.74%
    $100,000 or less 2 $120,000 $60,000 $1,327 3.75%
    $400k-600k 2 $980,000 $490,000 $7,145 3.63%

    2022 saw Kaiprm Nwfcu place emphasis on $200k-400k loans with 10 originations, totaling $2,730,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 10 $2,420,000 $242,000 $3,970 2.68%
    $75k-100k 4 $860,000 $215,000 $3,335 3.61%
    $50k-75k 3 $515,000 $171,667 $2,841 2.85%
    $50k or less 2 $210,000 $105,000 $1,602 3.35%
    $150k-250k 1 $285,000 $285,000 $4,321 2.90%
    $250k+ 1 $515,000 $515,000 $7,040 3.30%

    Kaiprm Nwfcu lent most frequently to those with incomes in the $100k-150k range, with 10 originations. The second most popular income band? $75k-100k, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 7 $1,435,000 $205,000 $3,373 2.85%
    <20% 6 $1,250,000 $208,333 $3,230 3.18%
    30-36% 3 $535,000 $178,333 $2,489 2.80%
    44% 1 $285,000 $285,000 $3,898 2.50%
    48% 1 $465,000 $465,000 $7,250 3.95%
    49% 1 $245,000 $245,000 $3,766 2.50%
    40% 1 $355,000 $355,000 $5,395 3.75%
    41% 1 $235,000 $235,000 $3,872 2.50%

    Kaiprm Nwfcu lent most frequently to those with DTI ratios of 20-30%, with 7 originations. The next most common DTI ratio? <20%, with 6 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 16 $3,620,000 $226,250 $3,591 2.99%
    Asian 1 $515,000 $515,000 $7,040 3.30%
    Not provided 3 $515,000 $171,667 $2,785 3.05%
    Black 1 $155,000 $155,000 $2,891 2.30%

    Approval Rates

    Total approvals of all applications
    100.00%

    Kaiprm Nwfcu has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 21 $4,805,000 $228,810

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    21 $4,805,000 $228,810

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 8 $1,240,000 $155,000 $2,771 2.69%
    40-60% 8 $2,160,000 $270,000 $4,130 2.95%
    60-80% 3 $1,285,000 $428,333 $7,145 3.35%
    Under 20% 2 $120,000 $60,000 $1,327 3.75%