Taylor Credit Union Mortgage Rates, Fees & Info
Medford, WILEI: 254900HOFPDQTQTMI243
Tax ID: 39-0931830
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Taylor Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Taylor Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Wausau, Eau Claire, and Stevens Point among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Taylor 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
50Origination Dollar Volume (All Markets)
$5,380,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 42 | $4,410,000 | $105,000 | $0 | 0.00% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 6 | $700,000 | $116,667 | $0 | 0.00% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Stevens Point, WI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 50 | $5,380,000 | $107,600 | $0 | 0.00% |
For 2021, Taylor Credit Union's most frequently originated type of loan was Conventional, with 50 originations.
Loan Reason
For 2021, Taylor Credit Union's most frequently cited loan purpose was Refi, with 26 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 | 50 | $5,380,000 | $107,600 | $0 | 0.00% |
For 2021, Taylor Credit Union's most frequently cited loan duration was Other, with 50 originations.
Loan Sizing
2021 saw Taylor Credit Union place emphasis on $100,000 or less loans with 25 originations, totaling $1,615,000 in origination value.
Applicant Income
Taylor Credit Union lent most frequently to those with incomes in the $50k-75k range, with 16 originations. The second most popular income band? $50k or less, with 15 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 48 | $4,980,000 | $103,750 | $0 | 0.00% |
| Not provided | 2 | $400,000 | $200,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications89.71%
Taylor Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination78.00%
Taylor Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 50 | $5,380,000 | $107,600 |