Citymark Federal Credit Union Mortgage Rates, Fees & Info

Plains, PA

LEI: 254900TNWPAJO9ECH811

Tax ID: 24-0862335

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Citymark Federal Credit Union is a smaller credit union specializing in Other and Cash Out Refi loans. Citymark Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Scranton, Philadelphia, Allentown, and Reading among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

Citymark Federal Credit Union has an average approval rate when compared to the average across all 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.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


Originations

43

Origination Dollar Volume (All Markets)

$3,645,000

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
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 38 $2,680,000 $70,526 $0 0.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $545,000 $181,667 $0 0.00%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
READING, PA (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
Citymark Federal Credit Union's top markets include Scranton, Philadelphia, Allentown, and Reading among others.

Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 43 $3,645,000 $84,767 $0 0.00%

    For 2023, Citymark Federal Credit Union's most frequently originated type of loan was Conventional, with 43 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 31 $1,955,000 $63,065 $0 0.00%
    Cash Out Refi 9 $1,205,000 $133,889 $0 0.00%
    Home Purchase 3 $485,000 $161,667 $0 0.00%

    For 2023, Citymark Federal Credit Union's most frequently cited loan purpose was Other, with 31 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 43 $3,645,000 $84,767 $0 0.00%

    For 2023, Citymark Federal Credit Union's most frequently cited loan duration was Other, with 43 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 30 $1,460,000 $48,667 $0 0.00%
    $100k-200k 11 $1,595,000 $145,000 $0 0.00%
    $200k-400k 2 $590,000 $295,000 $0 0.00%

    2023 saw Citymark Federal Credit Union place emphasis on $100,000 or less loans with 30 originations, totaling $1,460,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 11 $615,000 $55,909 $0 0.00%
    $50k-75k 8 $730,000 $91,250 $0 0.00%
    $50k or less 7 $575,000 $82,143 $0 0.00%
    $75k-100k 7 $475,000 $67,857 $0 0.00%
    $150k-250k 5 $435,000 $87,000 $0 0.00%
    $250k+ 4 $630,000 $157,500 $0 0.00%

    Citymark Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 11 originations. The second most popular income band? $50k-75k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 43 $3,645,000 $84,767 $0 0.00%

    Citymark Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 43 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 27 $1,835,000 $67,963 $0 0.00%
    Not provided 14 $1,660,000 $118,571 $0 0.00%
    Black 2 $150,000 $75,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.31%

    Citymark Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 43 $3,645,000 $84,767

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    43 $3,645,000 $84,767