Northeastern Opearating Engineers Fcu Mortgage Rates, Fees & Info
Whitestone, NYLEI: 254900CLULPZ13KI0S29
Tax ID: 23-7422687
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Northeastern Opearating Engineers Fcu is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. Northeastern Opearating Engineers Fcu has a high proportion of conventional loans. Their top markets by origination volume include: New York, Bridgeport, Poughkeepsie, and Tampa among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Northeastern Opearating Engineers Fcu has an above average approval rate when compared to the average across all lenders.
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Originations
28Origination Dollar Volume (All Markets)
$10,990,000Top 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 |
---|---|---|---|---|---|
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 21 | $8,955,000 | $426,429 | $0 | 0.00% |
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $0 | 0.00% |
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 0.00% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 28 | $10,990,000 | $392,500 | $0 | 0.00% |
For 2022, Northeastern Opearating Engineers Fcu's most frequently originated type of loan was Conventional, with 28 originations.
Loan Reason
Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Home Purchase | 19 | $7,475,000 | $393,421 | $0 | 0.00% |
Cash Out Refi | 6 | $2,460,000 | $410,000 | $0 | 0.00% |
Refi | 3 | $1,055,000 | $351,667 | $0 | 0.00% |
For 2022, Northeastern Opearating Engineers Fcu's most frequently cited loan purpose was Home Purchase, with 19 originations. The 2nd most popular reason was Cash Out Refi, with 6 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 28 | $10,990,000 | $392,500 | $0 | 0.00% |
For 2022, Northeastern Opearating Engineers Fcu's most frequently cited loan duration was Other, with 28 originations.
Loan Sizing
2022 saw Northeastern Opearating Engineers Fcu place emphasis on $200k-400k loans with 13 originations, totaling $3,815,000 in origination value.
Applicant Income
Northeastern Opearating Engineers Fcu lent most frequently to those with incomes in the $150k-250k range, with 10 originations. The second most popular income band? $100k-150k, with 6 originations.
Ethnicity Mix
Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
White | 28 | $10,990,000 | $392,500 | $0 | 0.00% |
Approval Rates
Total approvals of all applications93.33%
Northeastern Opearating Engineers Fcu has an average approval rate.
Pick Rate
Approvals leading to originationPoints and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 28 | $10,990,000 | $392,500 |