Firefighters Credit Union Mortgage Rates, Fees & Info
La Crosse, WILEI: 254900TTMRDRR2EQSI59
Tax ID: 39-6050488
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Firefighters Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Firefighters Credit Union has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: La Crosse, Winona, and Rochester among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Firefighters 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. Firefighters Credit Union is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.61% | 11/25/24 |
| 30 Year Conventional Refi | 7.49% | 11/25/24 |
| 30 Year Cash-out Refi | 7.64% | 11/25/24 |
| 15 Year Conventional Refi | 9.62% | 11/25/24 |
| 15 Year Cash-out Refi | 9.62% | 11/25/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Firefighters Credit Union Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Firefighters Credit Union. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
132Origination Dollar Volume (All Markets)
$16,470,000Awards
Firefighters Credit Union - 2018
Firefighters Credit Union is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
Work for Firefighters Credit Union?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 110 | $13,440,000 | $122,182 | $1,126 | 5.05% |
| Outside of Metro Areas | 20 | $2,400,000 | $120,000 | $824 | 5.06% |
| Winona, MN (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $2,150 | 4.50% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 5.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Firefighters Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 63
Similarity Rank: 64
Similarity Rank: 240
Similarity Rank: 351
Similarity Rank: 522
Similarity Rank: 528
Similarity Rank: 864
Similarity Rank: 1170
Similarity Rank: 1586
Similarity Rank: 2982
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 131 | $16,415,000 | $125,305 | $1,085 | 5.04% |
| USDA | 1 | $55,000 | $55,000 | $647 | 5.99% |
For 2018, Firefighters Credit Union's most frequently originated type of loan was Conventional, with 131 originations. Their 2nd most popular type was USDA, with 1 originations.
Loan Reason
For 2018, Firefighters Credit Union's most frequently cited loan purpose was Refi, with 50 originations. The 2nd most popular reason was Cash Out Refi, with 36 originations.
Loan Duration/Length
For 2018, Firefighters Credit Union's most frequently cited loan duration was 30 Year, with 38 originations. The 2nd most popular length was 5 Year, with 36 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 100 | $11,120,000 | $111,200 |
Firefighters Credit Union's average total fees were $2,048, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 100 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 87 | $11,125,000 | $127,874 |
| 5-6% | 37 | $4,195,000 | $113,378 |
| 6-7% | 5 | $395,000 | $79,000 |
| 3-4% | 2 | $570,000 | $285,000 |
| 7-8% | 1 | $185,000 | $185,000 |
During 2018, Firefighters Credit Union's average interest rate for loans was 4.83%, while their most frequently originated rate bucket for loans was 4-5%, with 87 originations.
Loan Sizing
2018 saw Firefighters Credit Union place emphasis on $100,000 or less loans with 75 originations, totaling $3,785,000 in origination value.
Applicant Income
Firefighters Credit Union lent most frequently to those with incomes in the $75k-100k range, with 31 originations. The second most popular income band? $100k-150k, with 29 originations.
Applicant Debt to Income Ratio
Firefighters Credit Union lent most frequently to those with DTI ratios of 20-30%, with 31 originations. The next most common DTI ratio? 30-36%, with 19 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.02%
Firefighters Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination72.73%
Firefighters Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 132 | $16,470,000 | $124,773 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 3 | $1,965,000 | $655,000 |
| Single Family (1-4 Units):Site-Built | 129 | $14,505,000 | $112,442 |