San Joaquin Power Employees Credit Union Mortgage Rates, Fees & Info
Fresno, CALEI: 2549007M6CTUCB5K0R54
Tax ID: 94-0837475
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
San Joaquin Power Employees Credit Union is a smaller credit union specializing in Cash Out Refi and Refi loans. San Joaquin Power Employees Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Fresno, Bakersfield, Sacramento, Santa Cruz, and Vallejo among others. We have data for 8 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 a below average pick rate when compared to similar lenders.
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Originations
25Origination Dollar Volume (All Markets)
$4,155,000Top 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) | 9 | $1,385,000 | $153,889 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 8 | $760,000 | $95,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $0 | 0.00% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| MERCED, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 25 | $4,155,000 | $166,200 | $0 | 0.00% |
For 2022, San Joaquin Power Employees Credit Union's most frequently originated type of loan was Conventional, with 25 originations.
Loan Reason
For 2022, San Joaquin Power Employees Credit Union's most frequently cited loan purpose was Cash Out Refi, with 9 originations. The 2nd most popular reason was Other, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 25 | $4,155,000 | $166,200 | $0 | 0.00% |
For 2022, San Joaquin Power Employees Credit Union's most frequently cited loan duration was Other, with 25 originations.
Loan Sizing
2022 saw San Joaquin Power Employees Credit Union place emphasis on $100,000 or less loans with 15 originations, totaling $845,000 in origination value.
Applicant Income
San Joaquin Power Employees Credit Union lent most frequently to those with incomes in the $150k-250k range, with 12 originations. The second most popular income band? $100k-150k, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 25 | $4,155,000 | $166,200 | $0 | 0.00% |
San Joaquin Power Employees Credit Union lent most frequently to those with DTI ratios of Exempt%, with 25 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not provided | 15 | $2,325,000 | $155,000 | $0 | 0.00% |
| White | 10 | $1,830,000 | $183,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications81.08%
San Joaquin Power Employees Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination80.00%
San Joaquin Power Employees Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 25 | $4,155,000 | $166,200 |