Citymark Federal Credit Union Mortgage Rates, Fees & Info
Plains, PALEI: 254900TNWPAJO9ECH811
Tax ID: 24-0862335
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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.
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Originations
43Origination Dollar Volume (All Markets)
$3,645,000Top 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 |
|---|---|---|---|---|---|
| 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% |
Their top states include:
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
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
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 applications84.31%
Citymark Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 43 | $3,645,000 | $84,767 |