Park City Credit Union Mortgage Rates, Fees & Info

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LEI: 25490083W7Y4A2H1H078

Tax ID: 39-0905063

Latest/2023 | 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

    Park City Credit Union is a smaller credit union specializing in Cash Out Refi loans. Park City Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Wausau, Minneapolis, Wisconsin Rapids, Oshkosh, and Appleton among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Park City Credit Union 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

    346

    Origination Dollar Volume (All Markets)

    $40,520,000

    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
    Outside of Metro Areas 162 $20,450,000 $126,235 $0 0.00%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 178 $19,460,000 $109,326 $0 0.00%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 2 $160,000 $80,000 $0 0.00%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    APPLETON, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Stevens Point, WI (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
    Park City Credit Union's top markets include Wausau, Minneapolis, Wisconsin Rapids, Oshkosh, and Appleton among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 346 $40,520,000 $117,110 $0 0.00%

    For 2021, Park City Credit Union's most frequently originated type of loan was Conventional, with 346 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 237 $28,285,000 $119,346 $0 0.00%
    Home Purchase 44 $5,490,000 $124,773 $0 0.00%
    Other 32 $4,550,000 $142,188 $0 0.00%
    Home Improvement 27 $1,735,000 $64,259 $0 0.00%
    Refi 6 $460,000 $76,667 $0 0.00%

    For 2021, Park City Credit Union's most frequently cited loan purpose was Cash Out Refi, with 237 originations. The 2nd most popular reason was Home Purchase, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 346 $40,520,000 $117,110 $0 0.00%

    For 2021, Park City Credit Union's most frequently cited loan duration was Other, with 346 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 173 $9,315,000 $53,844 $0 0.00%
    $100k-200k 126 $17,400,000 $138,095 $0 0.00%
    $200k-400k 43 $11,335,000 $263,605 $0 0.00%
    $400k-600k 3 $1,605,000 $535,000 $0 0.00%
    $600k-1MM 1 $865,000 $865,000 $0 0.00%

    2021 saw Park City Credit Union place emphasis on $100,000 or less loans with 173 originations, totaling $9,315,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 95 $7,165,000 $75,421 $0 0.00%
    $50k-75k 87 $8,905,000 $102,356 $0 0.00%
    $100k-150k 71 $9,355,000 $131,761 $0 0.00%
    $75k-100k 57 $6,855,000 $120,263 $0 0.00%
    $150k-250k 26 $4,630,000 $178,077 $0 0.00%
    $250k+ 10 $3,610,000 $361,000 $0 0.00%

    Park City Credit Union lent most frequently to those with incomes in the $50k or less range, with 95 originations. The second most popular income band? $50k-75k, with 87 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 346 $40,520,000 $117,110 $0 0.00%

    Park City Credit Union lent most frequently to those with DTI ratios of Exempt%, with 346 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 333 $39,415,000 $118,363 $0 0.00%
    Not applicable 5 $525,000 $105,000 $0 0.00%
    Not provided 6 $330,000 $55,000 $0 0.00%
    American Indian 1 $195,000 $195,000 $0 0.00%
    Asian 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    Park City Credit Union 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
    Exempt 346 $40,520,000 $117,110

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    346 $40,520,000 $117,110