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 Home Purchase and Cash Out Refi loans. San Joaquin Power Employees Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Fresno, Sacramento, Stockton, San Luis Obispo, and Madera among others. We have data for 16 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 a below average pick rate when compared to similar lenders.
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Originations
55Origination Dollar Volume (All Markets)
$10,985,000Top 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) | 18 | $3,060,000 | $170,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $1,215,000 | $243,000 | $0 | 0.00% |
| STOCKTON, CA (FHA|USDA|VA) | 5 | $955,000 | $191,000 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $0 | 0.00% |
| MADERA, CA (FHA|USDA|VA) | 5 | $715,000 | $143,000 | $0 | 0.00% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $0 | 0.00% |
| MERCED, CA (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $0 | 0.00% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $0 | 0.00% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $310,000 | $155,000 | $0 | 0.00% |
| MODESTO, CA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 0.00% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| CHICO, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Sonora, CA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 55 | $10,985,000 | $199,727 | $0 | 0.00% |
For 2018, San Joaquin Power Employees Credit Union's most frequently originated type of loan was Conventional, with 55 originations.
Loan Reason
For 2018, San Joaquin Power Employees Credit Union's most frequently cited loan purpose was Home Purchase, with 15 originations. The 2nd most popular reason was Other, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 55 | $10,985,000 | $199,727 | $0 | 0.00% |
For 2018, San Joaquin Power Employees Credit Union's most frequently cited loan duration was Other, with 55 originations.
Loan Sizing
2018 saw San Joaquin Power Employees Credit Union place emphasis on $200k-400k loans with 25 originations, totaling $7,235,000 in origination value.
Applicant Income
San Joaquin Power Employees Credit Union lent most frequently to those with incomes in the $100k-150k range, with 21 originations. The second most popular income band? $150k-250k, with 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 55 | $10,985,000 | $199,727 | $0 | 0.00% |
San Joaquin Power Employees Credit Union lent most frequently to those with DTI ratios of Exempt%, with 55 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.00%
San Joaquin Power Employees Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination89.09%
San Joaquin Power Employees Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 55 | $10,985,000 | $199,727 |