First Federal Savings And Loan Association Of San Rafael Mortgage Rates, Fees & Info
San Rafael, CALEI: 254900XM56YJW3X8VP97
Tax ID: 94-1552333
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Federal Savings And Loan Association Of San Rafael is a smaller mortgage company specializing in Refi and Home Purchase loans. First Federal Savings And Loan Association Of San Rafael has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Santa Rosa, Ukiah, Vallejo, and Sacramento among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)First Federal Savings And Loan Association Of San Rafael 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
23Origination Dollar Volume (All Markets)
$29,795,000Top 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 |
|---|---|---|---|---|---|
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 15 | $21,725,000 | $1,448,333 | $0 | 0.00% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 4 | $5,250,000 | $1,312,500 | $0 | 0.00% |
| Ukiah, CA (FHA|USDA|VA) | 2 | $1,240,000 | $620,000 | $0 | 0.00% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 23 | $29,795,000 | $1,295,435 | $0 | 0.00% |
For 2022, First Federal Savings And Loan Association Of San Rafael's most frequently originated type of loan was Conventional, with 23 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 14 | $15,550,000 | $1,110,714 | $0 | 0.00% |
| Home Purchase | 9 | $14,245,000 | $1,582,778 | $0 | 0.00% |
For 2022, First Federal Savings And Loan Association Of San Rafael's most frequently cited loan purpose was Refi, with 14 originations. The 2nd most popular reason was Home Purchase, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 23 | $29,795,000 | $1,295,435 | $0 | 0.00% |
For 2022, First Federal Savings And Loan Association Of San Rafael's most frequently cited loan duration was Other, with 23 originations.
Loan Sizing
2022 saw First Federal Savings And Loan Association Of San Rafael place emphasis on $1MM+ loans with 12 originations, totaling $22,680,000 in origination value.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 23 | $29,795,000 | $1,295,435 | $0 | 0.00% |
Ethnicity Mix
Approval Rates
Total approvals of all applications96.30%
First Federal Savings And Loan Association Of San Rafael has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination86.96%
First Federal Savings And Loan Association Of San Rafael has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 23 | $29,795,000 | $1,295,435 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST GUARANTY MORTGAGE CORP | Conventional home mortgage | Struggling to pay mortgage | 1 | 100.0% |