Streator Onized Credit Union Mortgage Rates, Fees & Info
Streator, ILLEI: 254900T1NXF0ZR9PMX05
Tax ID: 36-2494471
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Mortgage Data
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, Pontiac, Chicago, Peoria, and Dixon among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Streator Onized 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
144Origination Dollar Volume (All Markets)
$13,690,000Top 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 |
|---|---|---|---|---|---|
| Ottawa, IL (FHA|USDA|VA) | 82 | $7,190,000 | $87,683 | $0 | 0.00% |
| Pontiac, IL (FHA|USDA|VA) | 38 | $3,280,000 | $86,316 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 12 | $2,090,000 | $174,167 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 5 | $535,000 | $107,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $240,000 | $60,000 | $0 | 0.00% |
| Dixon, IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| DANVILLE, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 144 | $13,690,000 | $95,069 | $0 | 0.00% |
For 2020, Streator Onized Credit Union's most frequently originated type of loan was Conventional, with 144 originations.
Loan Reason
For 2020, Streator Onized Credit Union's most frequently cited loan purpose was Cash Out Refi, with 82 originations. The 2nd most popular reason was Home Purchase, with 30 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 144 | $13,690,000 | $95,069 | $0 | 0.00% |
For 2020, Streator Onized Credit Union's most frequently cited loan duration was Other, with 144 originations.
Loan Sizing
2020 saw Streator Onized Credit Union place emphasis on $100,000 or less loans with 86 originations, totaling $5,130,000 in origination value.
Applicant Income
Streator Onized Credit Union lent most frequently to those with incomes in the $50k-75k range, with 40 originations. The second most popular income band? $75k-100k, with 34 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 144 | $13,690,000 | $95,069 | $0 | 0.00% |
Streator Onized Credit Union lent most frequently to those with DTI ratios of Exempt%, with 144 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.85%
Streator Onized Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination54.17%
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 | 144 | $13,690,000 | $95,069 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 144 | $13,690,000 | $95,069 |
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Stewart Information Services | Conventional home mortgage | Closing on a mortgage | 1 | 100.0% |