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

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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

    Trugrocer Federal Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Trugrocer Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Boise City, Phoenix, and Portland among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Trugrocer Federal Credit Union has an above 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

    52

    Origination Dollar Volume (All Markets)

    $14,870,000

    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) 32 $10,640,000 $332,500 $0 0.00%
    Outside of Metro Areas 17 $3,865,000 $227,353 $0 0.00%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $220,000 $110,000 $0 0.00%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    Trugrocer Federal Credit Union's top markets include Boise City, Phoenix, and Portland among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 52 $14,870,000 $285,962 $0 0.00%

    For 2022, Trugrocer Federal Credit Union's most frequently originated type of loan was Conventional, with 52 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 31 $7,985,000 $257,581 $0 0.00%
    Home Purchase 12 $5,410,000 $450,833 $0 0.00%
    Refi 8 $1,440,000 $180,000 $0 0.00%
    Home Improvement 1 $35,000 $35,000 $0 0.00%

    For 2022, Trugrocer Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 31 originations. The 2nd most popular reason was Home Purchase, with 12 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 52 $14,870,000 $285,962 $0 0.00%

    For 2022, Trugrocer Federal Credit Union's most frequently cited loan duration was Other, with 52 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 18 $5,450,000 $302,778 $0 0.00%
    $100k-200k 15 $2,275,000 $151,667 $0 0.00%
    $100,000 or less 8 $600,000 $75,000 $0 0.00%
    $400k-600k 7 $3,195,000 $456,429 $0 0.00%
    $600k-1MM 3 $2,025,000 $675,000 $0 0.00%
    $1MM+ 1 $1,325,000 $1,325,000 $0 0.00%

    2022 saw Trugrocer Federal Credit Union place emphasis on $200k-400k loans with 18 originations, totaling $5,450,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 12 $3,410,000 $284,167 $0 0.00%
    $50k-75k 12 $2,290,000 $190,833 $0 0.00%
    $150k-250k 10 $5,070,000 $507,000 $0 0.00%
    $75k-100k 9 $1,765,000 $196,111 $0 0.00%
    $50k or less 6 $1,170,000 $195,000 $0 0.00%
    $250k+ 3 $1,165,000 $388,333 $0 0.00%

    Trugrocer Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 12 originations. The second most popular income band? $50k-75k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 52 $14,870,000 $285,962 $0 0.00%

    Trugrocer Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 52 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 49 $14,025,000 $286,224 $0 0.00%
    Not provided 2 $650,000 $325,000 $0 0.00%
    Native Hawaiian or Islander 1 $195,000 $195,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.38%

    Trugrocer Federal Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    82.69%

    Trugrocer Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 52 $14,870,000 $285,962

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    52 $14,870,000 $285,962