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
  • Complaints
  • 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 Cash Out Refi and Refi loans. Streator Onized Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Ottawa, Chicago, Pontiac, Peoria, and Bloomington among others. We have data for 6 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.

    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

    115

    Origination Dollar Volume (All Markets)

    $9,695,000

    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) 69 $4,975,000 $72,101 $0 0.00%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 12 $1,780,000 $148,333 $0 0.00%
    Pontiac, IL (FHA|USDA|VA) 24 $1,550,000 $64,583 $0 0.00%
    PEORIA, IL (FHA|USDA|VA) 6 $950,000 $158,333 $0 0.00%
    BLOOMINGTON, IL (FHA|USDA|VA) 3 $345,000 $115,000 $0 0.00%
    Sterling, IL (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
    Streator Onized Credit Union's top markets include Ottawa, Chicago, Pontiac, 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 115 $9,695,000 $84,304 $0 0.00%

    For 2019, Streator Onized Credit Union's most frequently originated type of loan was Conventional, with 115 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 61 $5,595,000 $91,721 $0 0.00%
    Refi 24 $2,280,000 $95,000 $0 0.00%
    Home Purchase 21 $1,635,000 $77,857 $0 0.00%
    Other 9 $185,000 $20,556 $0 0.00%

    For 2019, Streator Onized Credit Union's most frequently cited loan purpose was Cash Out Refi, with 61 originations. The 2nd most popular reason was Refi, with 24 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 115 $9,695,000 $84,304 $0 0.00%

    For 2019, Streator Onized Credit Union's most frequently cited loan duration was Other, with 115 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 78 $4,020,000 $51,538 $0 0.00%
    $100k-200k 31 $4,095,000 $132,097 $0 0.00%
    $200k-400k 6 $1,580,000 $263,333 $0 0.00%

    2019 saw Streator Onized Credit Union place emphasis on $100,000 or less loans with 78 originations, totaling $4,020,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 36 $2,460,000 $68,333 $0 0.00%
    $50k or less 24 $1,030,000 $42,917 $0 0.00%
    $75k-100k 22 $1,670,000 $75,909 $0 0.00%
    $100k-150k 20 $2,320,000 $116,000 $0 0.00%
    $150k-250k 11 $1,645,000 $149,545 $0 0.00%
    $250k+ 2 $570,000 $285,000 $0 0.00%

    Streator Onized Credit Union lent most frequently to those with incomes in the $50k-75k range, with 36 originations. The second most popular income band? $50k or less, with 24 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 115 $9,695,000 $84,304 $0 0.00%

    Streator Onized Credit Union lent most frequently to those with DTI ratios of Exempt%, with 115 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 112 $9,210,000 $82,232 $0 0.00%
    Not provided 1 $355,000 $355,000 $0 0.00%
    Asian 2 $130,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    69.32%

    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
    43.48%

    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 115 $9,695,000 $84,304

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 115 $9,695,000 $84,304

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Stewart Information Services Conventional home mortgage Closing on a mortgage 1 100.0%