Valley 1st Community Fcu Mortgage Rates, Fees & Info
Monessen, PALEI: 254900C93QPBEWPGBI16
Tax ID: 25-0974254
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Mortgage Data
Review & Overview
Valley 1st Community Fcu is a smaller credit union specializing in Refi and Home Purchase loans. Valley 1st Community Fcu has a high proportion of conventional loans. Their top (well, only) market is Pittsburgh.Valley 1st Community Fcu has an above average approval rate when compared to the average across all lenders.
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Originations
76Origination Dollar Volume (All Markets)
$4,940,000Top 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 |
|---|---|---|---|---|---|
| PITTSBURGH, PA (FHA|USDA|VA) | 76 | $4,940,000 | $65,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 76 | $4,940,000 | $65,000 | $0 | 0.00% |
For 2023, Valley 1st Community Fcu's most frequently originated type of loan was Conventional, with 76 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 65 | $3,545,000 | $54,538 | $0 | 0.00% |
| Home Purchase | 11 | $1,395,000 | $126,818 | $0 | 0.00% |
For 2023, Valley 1st Community Fcu's most frequently cited loan purpose was Refi, with 65 originations. The 2nd most popular reason was Home Purchase, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 76 | $4,940,000 | $65,000 | $0 | 0.00% |
For 2023, Valley 1st Community Fcu's most frequently cited loan duration was Other, with 76 originations.
Loan Sizing
2023 saw Valley 1st Community Fcu place emphasis on $100,000 or less loans with 64 originations, totaling $2,830,000 in origination value.
Applicant Income
Valley 1st Community Fcu lent most frequently to those with incomes in the $50k or less range, with 21 originations. The second most popular income band? $50k-75k, with 19 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 66 | $4,370,000 | $66,212 | $0 | 0.00% |
| Black | 8 | $470,000 | $58,750 | $0 | 0.00% |
| Not provided | 2 | $100,000 | $50,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications92.68%
Valley 1st Community Fcu has an average approval rate.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 76 | $4,940,000 | $65,000 |