California Bear Credit Union Mortgage Rates, Fees & Info
Los Angeles, CALEI: 254900SJMHCSRQOMRK11
Tax ID: 95-0598145
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
California Bear Credit Union is a smaller credit union specializing in Home Improvement, Cash Out Refi, and Home Purchase loans. California Bear Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, and Oxnard among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)California Bear 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)
$7,440,000Top 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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 46 | $6,680,000 | $145,217 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $0 | 0.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against California Bear Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 50 | $7,440,000 | $148,800 | $0 | 0.00% |
For 2018, California Bear Credit Union's most frequently originated type of loan was Conventional, with 50 originations.
Loan Reason
For 2018, California Bear Credit Union's most frequently cited loan purpose was Home Improvement, with 24 originations. The 2nd most popular reason was Cash Out Refi, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 50 | $7,440,000 | $148,800 | $0 | 0.00% |
For 2018, California Bear Credit Union's most frequently cited loan duration was Other, with 50 originations.
Loan Sizing
2018 saw California Bear Credit Union place emphasis on $100,000 or less loans with 30 originations, totaling $1,550,000 in origination value.
Applicant Income
California Bear Credit Union lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $50k-75k, with 15 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 50 | $7,440,000 | $148,800 | $0 | 0.00% |
California Bear Credit Union lent most frequently to those with DTI ratios of Exempt%, with 50 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.06%
California Bear Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination88.00%
California Bear Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 50 | $7,440,000 | $148,800 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 50 | $7,440,000 | $148,800 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Caliver Beach Mortgage, LLC | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |