State Department Federal Credit Union Mortgage Rates, Fees & Info
Alexandria, VALEI: 254900EZRN0CBEP77K34
Tax ID: 53-0197045
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
State Department Federal Credit Union is a smaller credit union specializing in Home Purchase loans. State Department Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Washington, Miami, Portland, Baltimore, and Charlotte among others. We have data for 143 markets. (Some data included below & more in-depth data is available with an active subscription.)State Department Federal Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. State Department Federal Credit Union is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 5.86% | 12/16/24 |
| 30 Year Conventional Purchase | 5.93% | 12/16/24 |
| 30 Year Conventional Refi | 5.26% | 12/16/24 |
| 30 Year Cash-out Refi | 5.69% | 12/16/24 |
| 15 Year Conventional Purchase | 5.53% | 12/16/24 |
| 15 Year Conventional Refi | 5.85% | 12/16/24 |
| 15 Year Cash-out Refi | 5.85% | 12/16/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
State Department Federal Credit Union Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from State Department Federal Credit Union. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
703Origination Dollar Volume (All Markets)
$140,195,000Awards
State Department Federal Credit Union - 2018
State Department Federal Credit Union is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
Work for State Department Federal Credit Union?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 350 | $79,560,000 | $227,314 | $5,466 | 4.56% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 16 | $3,190,000 | $199,375 | $6,402 | 4.38% |
| Outside of Metro Areas | 19 | $3,025,000 | $159,211 | $3,339 | 4.79% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 10 | $1,970,000 | $197,000 | $4,658 | 4.65% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 16 | $1,900,000 | $118,750 | $2,963 | 5.12% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 10 | $1,750,000 | $175,000 | $2,451 | 5.34% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 9 | $1,745,000 | $193,889 | $6,598 | 4.50% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 6 | $1,710,000 | $285,000 | $18,742 | 4.04% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 14 | $1,600,000 | $114,286 | $2,850 | 5.16% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 5 | $1,455,000 | $291,000 | $11,737 | 3.65% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $1,390,000 | $347,500 | $4,381 | 4.68% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 6 | $1,330,000 | $221,667 | $6,261 | 3.85% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 9 | $1,295,000 | $143,889 | $3,283 | 4.86% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $4,472 | 3.71% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 10 | $1,220,000 | $122,000 | $821 | 4.70% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 8 | $1,110,000 | $138,750 | $4,318 | 4.78% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $7,388 | 3.83% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $9,127 | 4.25% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $20,767 | 3.75% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $925,000 | $102,778 | $3,576 | 4.88% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $5,464 | 3.44% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $855,000 | $171,000 | $6,304 | 4.39% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 7 | $755,000 | $107,857 | $3,038 | 4.57% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 4 | $730,000 | $182,500 | $4,049 | 4.09% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $21,683 | 3.63% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $10,477 | 3.13% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $5,046 | 3.94% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $1,747 | 5.22% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 6 | $640,000 | $106,667 | $4,199 | 4.31% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $9,318 | 3.13% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $5,680 | 4.47% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 7 | $575,000 | $82,143 | $1,056 | 6.05% |
| RICHMOND, VA (FHA|USDA|VA) | 7 | $575,000 | $82,143 | $1,203 | 5.68% |
| PROVO-OREM, UT (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $2,960 | 5.45% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $13,238 | 3.00% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $7,743 | 3.56% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $3,709 | 4.97% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $7,898 | 3.88% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $5,644 | 4.06% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $4,390 | 3.41% |
| Hilo, HI (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $14,474 | 3.63% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $14,230 | 2.75% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $5,841 | 5.68% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $2,973 | 4.46% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $2,445 | 4.71% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $9,148 | 4.50% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $10,433 | 3.63% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $13,331 | 4.13% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $4,019 | 5.50% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,301 | 3.50% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $4,822 | 3.67% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $11,914 | 3.13% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,219 | 4.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $6,540 | 3.62% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $4,745 | 3.94% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,930 | 4.25% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 3.99% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,008 | 4.00% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,259 | 4.63% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,807 | 2.63% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,467 | 5.38% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $550 | 4.33% |
| STAUNTON, VA (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $3,508 | 4.86% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,100 | 4.25% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $2,342 | 3.94% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $9,365 | 3.25% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $9,112 | 4.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 4.00% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 3.99% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $1,670 | 4.13% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,621 | 4.88% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 3.99% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $4,451 | 4.13% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,265 | 3.88% |
| MADISON, WI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,445 | 3.13% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 4.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 4.25% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,343 | 2.88% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $1,974 | 4.70% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $1,055 | 5.67% |
| LAS CRUCES, NM (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $2,888 | 3.69% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $1,084 | 5.10% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,837 | 4.50% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,711 | 4.13% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,200 | 3.38% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,924 | 4.38% |
| Greenville, OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.00% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,987 | 3.75% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 3.99% |
| DOVER, DE (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,503 | 3.75% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.99% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.99% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,839 | 3.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,039 | 3.88% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 3 | $145,000 | $48,333 | $0 | 4.24% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,758 | 4.63% |
| Shelton, WA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,815 | 4.13% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,064 | 3.75% |
| Bay City, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,913 | 3.25% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,271 | 3.75% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,521 | 3.88% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $1,025 | 5.77% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $792 | 7.29% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.00% |
| BISMARCK, ND (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.00% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,765 | 4.24% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $983 | 7.44% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,033 | 7.34% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,067 | 7.54% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,584 | 4.13% |
| NILES, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,847 | 3.63% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,469 | 3.88% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,039 | 7.44% |
| CHICO, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,080 | 7.44% |
| Marion, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,159 | 3.63% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $986 | 5.94% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,052 | 3.75% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $981 | 7.09% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,946 | 3.25% |
| Somerset, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.00% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,130 | 7.34% |
| Mount Pleasant, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,090 | 7.29% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.99% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,419 | 3.25% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,666 | 3.50% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $558 | 6.29% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $383 | 6.04% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $577 | 6.69% |
| MADERA, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $560 | 5.99% |
| Taos, NM (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,565 | 3.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.99% |
| OCALA, FL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.25% |
| Forest City, NC (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 5.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.09% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 5.00% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $560 | 5.54% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $558 | 6.14% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.25% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $625 | 4.79% |
| Crossville, TN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $1,095 | 7.39% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 4.00% |
| Barre, VT (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $560 | 4.89% |
| FLINT, MI (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 5.25% |
Similar Lenders
We use machine learning to identify the top lenders compared against State Department Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 320
Similarity Rank: 448
Similarity Rank: 450
Similarity Rank: 614
Similarity Rank: 693
Similarity Rank: 1220
Similarity Rank: 1240
Similarity Rank: 1482
Similarity Rank: 1596
Similarity Rank: 1740
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 517 | $117,705,000 | $227,669 | $4,980 | 4.69% |
| HELOC | 186 | $22,490,000 | $120,914 | n/a | 4.33% |
For 2018, State Department Federal Credit Union's most frequently originated type of loan was Conventional, with 517 originations. Their 2nd most popular type was HELOC, with 186 originations.
Loan Reason
For 2018, State Department Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 229 originations. The 2nd most popular reason was Home Improvement, with 215 originations.
Loan Duration/Length
For 2018, State Department Federal Credit Union's most frequently cited loan duration was 30 Year, with 223 originations. The 2nd most popular length was Other, with 198 originations.
Origination Fees/Closing Costs
State Department Federal Credit Union's average total fees were $8,071, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 228 originations.
Interest Rates
During 2018, State Department Federal Credit Union's average interest rate for loans was 3.84%, while their most frequently originated rate bucket for loans was 3-4%, with 292 originations.
Loan Sizing
2018 saw State Department Federal Credit Union place emphasis on $100,000 or less loans with 249 originations, totaling $14,185,000 in origination value.
Applicant Income
State Department Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 238 originations. The second most popular income band? $150k-250k, with 215 originations.
Applicant Debt to Income Ratio
State Department Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 178 originations. The next most common DTI ratio? 30-36%, with 141 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications78.84%
State Department Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination70.27%
State Department Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 703 | $140,195,000 | $199,424 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 703 | $140,195,000 | $199,424 |