San Joaquin Power Employees Credit Union Mortgage Rates, Fees & Info
Fresno, CALEI: 2549007M6CTUCB5K0R54
Tax ID: 94-0837475
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Mortgage Data
Review & Overview
San Joaquin Power Employees Credit Union is a smaller credit union specializing in Cash Out Refi, Home Purchase, and Refi loans. San Joaquin Power Employees Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Fresno, Sacramento, San Francisco, Modesto, and Merced among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)San Joaquin Power Employees Credit Union has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
37Origination Dollar Volume (All Markets)
$8,705,000Top 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 |
|---|---|---|---|---|---|
| FRESNO, CA (FHA|USDA|VA) | 8 | $1,550,000 | $193,750 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $1,405,000 | $281,000 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $0 | 0.00% |
| MODESTO, CA (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $0 | 0.00% |
| MERCED, CA (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $605,000 | $605,000 | $0 | 0.00% |
| VISALIA, CA (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $0 | 0.00% |
| MADERA, CA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| STOCKTON, CA (FHA|USDA|VA) | 5 | $435,000 | $87,000 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Sonora, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| CHICO, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
| Susanville, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 37 | $8,705,000 | $235,270 | $0 | 0.00% |
For 2024, San Joaquin Power Employees Credit Union's most frequently originated type of loan was Conventional, with 37 originations.
Loan Reason
For 2024, San Joaquin Power Employees Credit Union's most frequently cited loan purpose was Other, with 11 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 37 | $8,705,000 | $235,270 | $0 | 0.00% |
For 2024, San Joaquin Power Employees Credit Union's most frequently cited loan duration was Other, with 37 originations.
Loan Sizing
2024 saw San Joaquin Power Employees Credit Union place emphasis on $100,000 or less loans with 16 originations, totaling $1,380,000 in origination value.
Applicant Income
San Joaquin Power Employees Credit Union lent most frequently to those with incomes in the $150k-250k range, with 17 originations. The second most popular income band? $250k+, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 37 | $8,705,000 | $235,270 | $0 | 0.00% |
San Joaquin Power Employees Credit Union lent most frequently to those with DTI ratios of Exempt%, with 37 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.86%
San Joaquin Power Employees Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination94.59%
San Joaquin Power Employees Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 37 | $8,705,000 | $235,270 |