California Bear Credit Union Mortgage Rates, Fees & Info

Los Angeles, CA

LEI: 254900SJMHCSRQOMRK11

Tax ID: 95-0598145

Latest/2024 | 2023 Data | 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
  • Complaints
  • Similar Lenders
  • 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

    California Bear Credit Union is a smaller credit union specializing in Home Purchase and Refi loans. California Bear Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, Oxnard, Visalia, and Gardnerville Ranchos among others. We have data for 5 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 an 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.

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    Originations

    64

    Origination Dollar Volume (All Markets)

    $22,440,000

    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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 54 $18,830,000 $348,704 $0 0.00%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $1,000,000 $166,667 $0 0.00%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $960,000 $480,000 $0 0.00%
    VISALIA, CA (FHA|USDA|VA) 1 $885,000 $885,000 $0 0.00%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $765,000 $765,000 $0 0.00%
    California Bear Credit Union's top markets include Los Angeles, Riverside, Oxnard, Visalia, and Gardnerville Ranchos among others.

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

    • 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.

    Christian Community Credit Union
    Similarity Rank: 220
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 290
    HOMEAMERICAN MORTGAGE CORPORATION
    Similarity Rank: 374
    SOUTHLAND CREDIT UNION
    Similarity Rank: 464
    LBS FINANCIAL
    Similarity Rank: 546
    LA Financial Federal Credit Union
    Similarity Rank: 951
    SAN DIEGO COUNTY CREDIT UNION
    Similarity Rank: 1050
    MONARCH FUNDING CORP.
    Similarity Rank: 1295
    Water and Power Community Credit Union
    Similarity Rank: 1296
    FOOTHILL FEDERAL CREDIT UNION
    Similarity Rank: 1302

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 64 $22,440,000 $350,625 $0 0.00%

    For 2019, California Bear Credit Union's most frequently originated type of loan was Conventional, with 64 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 30 $3,740,000 $124,667 $0 0.00%
    Home Purchase 16 $9,720,000 $607,500 $0 0.00%
    Refi 10 $5,100,000 $510,000 $0 0.00%
    Cash Out Refi 8 $3,880,000 $485,000 $0 0.00%

    For 2019, California Bear Credit Union's most frequently cited loan purpose was Other, with 30 originations. The 2nd most popular reason was Home Purchase, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 64 $22,440,000 $350,625 $0 0.00%

    For 2019, California Bear Credit Union's most frequently cited loan duration was Other, with 64 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 21 $1,005,000 $47,857 $0 0.00%
    $200k-400k 13 $3,955,000 $304,231 $0 0.00%
    $400k-600k 13 $6,325,000 $486,538 $0 0.00%
    $600k-1MM 12 $9,490,000 $790,833 $0 0.00%
    $100k-200k 4 $600,000 $150,000 $0 0.00%
    $1MM+ 1 $1,065,000 $1,065,000 $0 0.00%

    2019 saw California Bear Credit Union place emphasis on $100,000 or less loans with 21 originations, totaling $1,005,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 20 $5,930,000 $296,500 $0 0.00%
    $75k-100k 12 $3,240,000 $270,000 $0 0.00%
    $150k-250k 11 $5,065,000 $460,455 $0 0.00%
    $50k-75k 10 $1,410,000 $141,000 $0 0.00%
    $250k+ 8 $6,340,000 $792,500 $0 0.00%
    $50k or less 3 $455,000 $151,667 $0 0.00%

    California Bear Credit Union lent most frequently to those with incomes in the $100k-150k range, with 20 originations. The second most popular income band? $75k-100k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 64 $22,440,000 $350,625 $0 0.00%

    California Bear Credit Union lent most frequently to those with DTI ratios of Exempt%, with 64 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 23 $13,775,000 $598,913 $0 0.00%
    Not provided 34 $5,540,000 $162,941 $0 0.00%
    Black 4 $1,980,000 $495,000 $0 0.00%
    Asian 3 $1,145,000 $381,667 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.34%

    California Bear Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    92.19%

    California Bear Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 64 $22,440,000 $350,625

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 64 $22,440,000 $350,625

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Caliver Beach Mortgage, LLC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 3 100.0%