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 5 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

    90

    Origination Dollar Volume (All Markets)

    $7,630,000

    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) 50 $3,400,000 $68,000 $0 0.00%
    Pontiac, IL (FHA|USDA|VA) 21 $1,935,000 $92,143 $0 0.00%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 13 $1,845,000 $141,923 $0 0.00%
    PEORIA, IL (FHA|USDA|VA) 4 $360,000 $90,000 $0 0.00%
    BLOOMINGTON, IL (FHA|USDA|VA) 2 $90,000 $45,000 $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 90 $7,630,000 $84,778 $0 0.00%

    For 2022, Streator Onized Credit Union's most frequently originated type of loan was Conventional, with 90 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 37 $3,815,000 $103,108 $0 0.00%
    Home Purchase 20 $2,320,000 $116,000 $0 0.00%
    Other 19 $785,000 $41,316 $0 0.00%
    Home Improvement 14 $710,000 $50,714 $0 0.00%

    For 2022, Streator Onized Credit Union's most frequently cited loan purpose was Refi, with 37 originations. The 2nd most popular reason was Home Purchase, with 20 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 90 $7,630,000 $84,778 $0 0.00%

    For 2022, Streator Onized Credit Union's most frequently cited loan duration was Other, with 90 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 66 $3,610,000 $54,697 $0 0.00%
    $100k-200k 17 $2,345,000 $137,941 $0 0.00%
    $200k-400k 7 $1,675,000 $239,286 $0 0.00%

    2022 saw Streator Onized Credit Union place emphasis on $100,000 or less loans with 66 originations, totaling $3,610,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 27 $2,015,000 $74,630 $0 0.00%
    $100k-150k 22 $1,980,000 $90,000 $0 0.00%
    $75k-100k 18 $1,900,000 $105,556 $0 0.00%
    $50k or less 17 $825,000 $48,529 $0 0.00%
    $150k-250k 6 $910,000 $151,667 $0 0.00%

    Streator Onized Credit Union lent most frequently to those with incomes in the $50k-75k range, with 27 originations. The second most popular income band? $100k-150k, with 22 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 90 $7,630,000 $84,778 $0 0.00%

    Streator Onized Credit Union lent most frequently to those with DTI ratios of Exempt%, with 90 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 75 $6,855,000 $91,400 $0 0.00%
    Not provided 12 $610,000 $50,833 $0 0.00%
    American Indian 2 $140,000 $70,000 $0 0.00%
    Asian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    54.88%

    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
    68.89%

    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 90 $7,630,000 $84,778

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    90 $7,630,000 $84,778