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 Refi and Home Purchase loans. San Joaquin Power Employees Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Fresno, Stockton, San Francisco, Madera, and San Luis Obispo among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)San Joaquin Power Employees Credit Union has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
46Origination Dollar Volume (All Markets)
$9,020,000Top 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 | $3,100,000 | $172,222 | $0 | 0.00% |
| STOCKTON, CA (FHA|USDA|VA) | 6 | $1,310,000 | $218,333 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $0 | 0.00% |
| MADERA, CA (FHA|USDA|VA) | 5 | $975,000 | $195,000 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $595,000 | $198,333 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| CHICO, CA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 46 | $9,020,000 | $196,087 | $0 | 0.00% |
For 2019, San Joaquin Power Employees Credit Union's most frequently originated type of loan was Conventional, with 46 originations.
Loan Reason
For 2019, San Joaquin Power Employees Credit Union's most frequently cited loan purpose was Home Improvement, with 12 originations. The 2nd most popular reason was Refi, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 46 | $9,020,000 | $196,087 | $0 | 0.00% |
For 2019, San Joaquin Power Employees Credit Union's most frequently cited loan duration was Other, with 46 originations.
Loan Sizing
2019 saw San Joaquin Power Employees Credit Union place emphasis on $100,000 or less loans with 19 originations, totaling $985,000 in origination value.
Applicant Income
San Joaquin Power Employees Credit Union lent most frequently to those with incomes in the $100k-150k range, with 20 originations. The second most popular income band? $150k-250k, with 15 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 46 | $9,020,000 | $196,087 | $0 | 0.00% |
San Joaquin Power Employees Credit Union lent most frequently to those with DTI ratios of Exempt%, with 46 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.97%
San Joaquin Power Employees Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination93.48%
San Joaquin Power Employees Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 46 | $9,020,000 | $196,087 |