Northeastern Opearating Engineers Fcu Mortgage Rates, Fees & Info

Whitestone, NY

LEI: 254900CLULPZ13KI0S29

Tax ID: 23-7422687

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

    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, New Haven, Hartford, and Port St. Lucie among others. We have data for 5 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. They have an above average pick rate when compared to similar lenders.

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    Originations

    33

    Origination Dollar Volume (All Markets)

    $12,235,000

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 27 $11,165,000 $413,519 $0 0.00%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 2 $520,000 $260,000 $0 0.00%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $250,000 $125,000 $0 0.00%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
    Outside of Metro Areas 1 $115,000 $115,000 $0 0.00%
    Northeastern Opearating Engineers Fcu's top markets include New York, New Haven, Hartford, and Port St. Lucie among others.

    Their top states include:
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 33 $12,235,000 $370,758 $0 0.00%

    For 2018, Northeastern Opearating Engineers Fcu's most frequently originated type of loan was Conventional, with 33 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 18 $6,170,000 $342,778 $0 0.00%
    Cash Out Refi 11 $4,985,000 $453,182 $0 0.00%
    Refi 4 $1,080,000 $270,000 $0 0.00%

    For 2018, Northeastern Opearating Engineers Fcu's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Cash Out Refi, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 33 $12,235,000 $370,758 $0 0.00%

    For 2018, Northeastern Opearating Engineers Fcu's most frequently cited loan duration was Other, with 33 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 15 $5,035,000 $335,667 $0 0.00%
    $400k-600k 7 $3,325,000 $475,000 $0 0.00%
    $100k-200k 6 $930,000 $155,000 $0 0.00%
    $600k-1MM 4 $2,850,000 $712,500 $0 0.00%
    $100,000 or less 1 $95,000 $95,000 $0 0.00%

    2018 saw Northeastern Opearating Engineers Fcu place emphasis on $200k-400k loans with 15 originations, totaling $5,035,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 11 $4,795,000 $435,909 $0 0.00%
    $100k-150k 10 $3,310,000 $331,000 $0 0.00%
    $250k+ 5 $2,885,000 $577,000 $0 0.00%
    $75k-100k 5 $905,000 $181,000 $0 0.00%
    $50k-75k 2 $340,000 $170,000 $0 0.00%

    Northeastern Opearating Engineers Fcu lent most frequently to those with incomes in the $150k-250k range, with 11 originations. The second most popular income band? $100k-150k, with 10 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 33 $12,235,000 $370,758 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.74%

    Northeastern Opearating Engineers Fcu has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.91%

    Northeastern Opearating Engineers Fcu has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 33 $12,235,000 $370,758

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 33 $12,235,000 $370,758