Trugrocer Federal Credit Union Mortgage Rates, Fees & Info
Boise, IDLEI: 254900FLY5OAGDXADY25
Tax ID: 82-0264981
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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
26Origination Dollar Volume (All Markets)
$8,720,000Top 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 |
|---|---|---|---|---|---|
| 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% |
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
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
2023 saw Trugrocer Federal Credit Union place emphasis on $200k-400k loans with 11 originations, totaling $3,415,000 in origination value.
Applicant Income
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 applications85.71%
Trugrocer Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination84.62%
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 |