St. Paul Federal Credit Union Mortgage Rates, Fees & Info
St. Paul, MNLEI: 254900TFUMB07CBEN720
Tax ID: 41-0759020
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
St. Paul Federal Credit Union is a smaller credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. St. Paul Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Minneapolis, Duluth, Grand Rapids, Faribault, and Red Wing among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)St. Paul Federal Credit Union has an above 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
212Origination Dollar Volume (All Markets)
$42,560,000Top 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 |
|---|---|---|---|---|---|
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 186 | $38,300,000 | $205,914 | $0 | 0.00% |
| Outside of Metro Areas | 16 | $2,480,000 | $155,000 | $0 | 0.00% |
| DULUTH, MN-WI (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $0 | 0.00% |
| Grand Rapids, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| Red Wing, MN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Willmar, MN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against St. Paul Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 720
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 212 | $42,560,000 | $200,755 | $0 | 0.00% |
For 2021, St. Paul Federal Credit Union's most frequently originated type of loan was Conventional, with 212 originations.
Loan Reason
For 2021, St. Paul Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 101 originations. The 2nd most popular reason was Refi, with 72 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 212 | $42,560,000 | $200,755 | $0 | 0.00% |
For 2021, St. Paul Federal Credit Union's most frequently cited loan duration was Other, with 212 originations.
Loan Sizing
2021 saw St. Paul Federal Credit Union place emphasis on $200k-400k loans with 91 originations, totaling $24,435,000 in origination value.
Applicant Income
St. Paul Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 59 originations. The second most popular income band? $150k-250k, with 58 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 212 | $42,560,000 | $200,755 | $0 | 0.00% |
St. Paul Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 212 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.78%
St. Paul Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination80.19%
St. Paul Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 212 | $42,560,000 | $200,755 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| STIFEL FINANCIAL CORP. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |