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 average approval rate when compared to the average across all lenders.
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Originations
35Origination Dollar Volume (All Markets)
$2,875,000Top 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) | 35 | $2,875,000 | $82,143 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 35 | $2,875,000 | $82,143 | $0 | 0.00% |
For 2019, Valley 1st Community Fcu's most frequently originated type of loan was Conventional, with 35 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 14 | $1,600,000 | $114,286 | $0 | 0.00% |
| Home Improvement | 12 | $450,000 | $37,500 | $0 | 0.00% |
| Home Purchase | 9 | $825,000 | $91,667 | $0 | 0.00% |
For 2019, Valley 1st Community Fcu's most frequently cited loan purpose was Refi, with 14 originations. The 2nd most popular reason was Home Improvement, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 35 | $2,875,000 | $82,143 | $0 | 0.00% |
For 2019, Valley 1st Community Fcu's most frequently cited loan duration was Other, with 35 originations.
Loan Sizing
2019 saw Valley 1st Community Fcu place emphasis on $100,000 or less loans with 28 originations, totaling $1,410,000 in origination value.
Applicant Income
Valley 1st Community Fcu lent most frequently to those with incomes in the $50k or less range, with 13 originations. The second most popular income band? $75k-100k, with 8 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 34 | $2,850,000 | $83,824 | $0 | 0.00% |
| Black | 1 | $25,000 | $25,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications79.55%
Valley 1st Community Fcu has a below average approval rate.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 35 | $2,875,000 | $82,143 |