Trugrocer Federal Credit Union Mortgage Rates, Fees & Info

Boise, ID

LEI: 254900FLY5OAGDXADY25

Tax ID: 82-0264981

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Mortgage Data

Review & Overview

Trugrocer Federal Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. Trugrocer Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Boise City, Phoenix, Los Angeles, Lakeland, and Sacramento among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

Trugrocer 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.

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Originations

26

Origination Dollar Volume (All Markets)

$8,720,000

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
BOISE CITY, ID (FHA|USDA|VA) 14 $5,090,000 $363,571 $0 0.00%
Outside of Metro Areas 5 $1,525,000 $305,000 $0 0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $950,000 $237,500 $0 0.00%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $565,000 $565,000 $0 0.00%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $505,000 $505,000 $0 0.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
Trugrocer Federal Credit Union's top markets include Boise City, Phoenix, Los Angeles, Lakeland, and Sacramento among others.

Their top states include:
  • (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 26 $8,720,000 $335,385 $0 0.00%

    For 2023, Trugrocer Federal Credit Union's most frequently originated type of loan was Conventional, with 26 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 11 $3,735,000 $339,545 $0 0.00%
    Cash Out Refi 9 $3,655,000 $406,111 $0 0.00%
    Home Improvement 3 $285,000 $95,000 $0 0.00%
    Refi 2 $920,000 $460,000 $0 0.00%
    Other 1 $125,000 $125,000 $0 0.00%

    For 2023, Trugrocer Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 11 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 26 $8,720,000 $335,385 $0 0.00%

    For 2023, Trugrocer Federal Credit Union's most frequently cited loan duration was Other, with 26 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 11 $3,415,000 $310,455 $0 0.00%
    $400k-600k 7 $3,405,000 $486,429 $0 0.00%
    $100,000 or less 3 $235,000 $78,333 $0 0.00%
    $100k-200k 3 $355,000 $118,333 $0 0.00%
    $600k-1MM 2 $1,310,000 $655,000 $0 0.00%

    2023 saw Trugrocer Federal Credit Union place emphasis on $200k-400k loans with 11 originations, totaling $3,415,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 10 $3,740,000 $374,000 $0 0.00%
    $75k-100k 7 $2,195,000 $313,571 $0 0.00%
    $50k-75k 4 $750,000 $187,500 $0 0.00%
    $150k-250k 2 $670,000 $335,000 $0 0.00%
    $250k+ 2 $1,310,000 $655,000 $0 0.00%
    $50k or less 1 $55,000 $55,000 $0 0.00%

    Trugrocer Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 10 originations. The second most popular income band? $75k-100k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 26 $8,720,000 $335,385 $0 0.00%

    Trugrocer Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 26 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 22 $7,590,000 $345,000 $0 0.00%
    Not provided 4 $1,130,000 $282,500 $0 0.00%

    Approval Rates

    Total approvals of all applications
    85.71%

    Trugrocer Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.62%

    Trugrocer Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 26 $8,720,000 $335,385

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    26 $8,720,000 $335,385