Streator Onized Credit Union Mortgage Rates, Fees & Info

Streator, IL

LEI: 254900T1NXF0ZR9PMX05

Tax ID: 36-2494471

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

    Streator Onized Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Streator Onized Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Ottawa, Pontiac, Chicago, Peoria, and Bloomington among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Streator Onized Credit Union has a below 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

    111

    Origination Dollar Volume (All Markets)

    $10,025,000

    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
    Ottawa, IL (FHA|USDA|VA) 67 $5,885,000 $87,836 $0 0.00%
    Pontiac, IL (FHA|USDA|VA) 29 $2,145,000 $73,966 $0 0.00%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 7 $1,145,000 $163,571 $0 0.00%
    PEORIA, IL (FHA|USDA|VA) 4 $310,000 $77,500 $0 0.00%
    Outside of Metro Areas 2 $280,000 $140,000 $0 0.00%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
    KANKAKEE, IL (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Streator Onized Credit Union's top markets include Ottawa, Pontiac, Chicago, Peoria, and Bloomington among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 111 $10,025,000 $90,315 $0 0.00%

    For 2021, Streator Onized Credit Union's most frequently originated type of loan was Conventional, with 111 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 71 $7,305,000 $102,887 $0 0.00%
    Home Purchase 26 $2,040,000 $78,462 $0 0.00%
    Other 9 $425,000 $47,222 $0 0.00%
    Home Improvement 5 $255,000 $51,000 $0 0.00%

    For 2021, Streator Onized Credit Union's most frequently cited loan purpose was Refi, with 71 originations. The 2nd most popular reason was Home Purchase, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 111 $10,025,000 $90,315 $0 0.00%

    For 2021, Streator Onized Credit Union's most frequently cited loan duration was Other, with 111 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 76 $4,650,000 $61,184 $0 0.00%
    $100k-200k 30 $4,190,000 $139,667 $0 0.00%
    $200k-400k 5 $1,185,000 $237,000 $0 0.00%

    2021 saw Streator Onized Credit Union place emphasis on $100,000 or less loans with 76 originations, totaling $4,650,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 42 $3,710,000 $88,333 $0 0.00%
    $50k or less 31 $2,005,000 $64,677 $0 0.00%
    $75k-100k 18 $1,680,000 $93,333 $0 0.00%
    $100k-150k 15 $1,725,000 $115,000 $0 0.00%
    $150k-250k 4 $640,000 $160,000 $0 0.00%
    $250k+ 1 $265,000 $265,000 $0 0.00%

    Streator Onized Credit Union lent most frequently to those with incomes in the $50k-75k range, with 42 originations. The second most popular income band? $50k or less, with 31 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 111 $10,025,000 $90,315 $0 0.00%

    Streator Onized Credit Union lent most frequently to those with DTI ratios of Exempt%, with 111 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 101 $8,935,000 $88,465 $0 0.00%
    Not provided 8 $960,000 $120,000 $0 0.00%
    American Indian 1 $65,000 $65,000 $0 0.00%
    Black 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    67.40%

    Streator Onized Credit Union has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    63.06%

    Streator Onized Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 111 $10,025,000 $90,315

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    111 $10,025,000 $90,315