Trugrocer Federal Credit Union Mortgage Rates, Fees & Info

Boise, ID

LEI: 254900FLY5OAGDXADY25

Tax ID: 82-0264981

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Trugrocer Federal Credit Union is a smaller credit union specializing in Cash Out Refi, Home Purchase, and Refi loans. Trugrocer Federal Credit Union has a high proportion of conventional loans. Their top two markets are Boise City and Los Angeles .

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.

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.


Originations

29

Origination Dollar Volume (All Markets)

$7,325,000

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) 19 $4,985,000 $262,368 $0 0.00%
Outside of Metro Areas 9 $2,115,000 $235,000 $0 0.00%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
Trugrocer Federal Credit Union's top markets include Boise City and Los Angeles among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 29 $7,325,000 $252,586 $0 0.00%

    For 2019, Trugrocer Federal Credit Union's most frequently originated type of loan was Conventional, with 29 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 16 $3,360,000 $210,000 $0 0.00%
    Home Purchase 7 $1,965,000 $280,714 $0 0.00%
    Refi 6 $2,000,000 $333,333 $0 0.00%

    For 2019, Trugrocer Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 16 originations. The 2nd most popular reason was Home Purchase, with 7 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 29 $7,325,000 $252,586 $0 0.00%

    For 2019, Trugrocer Federal Credit Union's most frequently cited loan duration was Other, with 29 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 11 $1,705,000 $155,000 $0 0.00%
    $200k-400k 10 $2,720,000 $272,000 $0 0.00%
    $100,000 or less 3 $175,000 $58,333 $0 0.00%
    $400k-600k 3 $1,485,000 $495,000 $0 0.00%
    $600k-1MM 2 $1,240,000 $620,000 $0 0.00%

    2019 saw Trugrocer Federal Credit Union place emphasis on $100k-200k loans with 11 originations, totaling $1,705,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 7 $1,125,000 $160,714 $0 0.00%
    $100k-150k 6 $1,600,000 $266,667 $0 0.00%
    $75k-100k 6 $1,560,000 $260,000 $0 0.00%
    $50k or less 5 $545,000 $109,000 $0 0.00%
    $250k+ 3 $1,685,000 $561,667 $0 0.00%
    $150k-250k 2 $810,000 $405,000 $0 0.00%

    Trugrocer Federal Credit Union lent most frequently to those with incomes in the $50k-75k range, with 7 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 29 $7,325,000 $252,586 $0 0.00%

    Approval Rates

    Total approvals of all applications
    85.37%

    Trugrocer Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    79.31%

    Trugrocer Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 29 $7,325,000 $252,586

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 29 $7,325,000 $252,586