C-b-w Schools Federal Credit Union Mortgage Rates, Fees & Info

Sidman, PA

LEI: 254900YVNHCJ44QMIS36

Tax ID: 25-1102344

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    C-b-w Schools Federal Credit Union is a smaller credit union specializing in Home Improvement, Cash Out Refi, and Refi loans. C-b-w Schools Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Johnstown, Somerset, and Altoona among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    C-b-w Schools 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.

    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

    18

    Origination Dollar Volume (All Markets)

    $1,140,000

    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
    JOHNSTOWN, PA (FHA|USDA|VA) 9 $485,000 $53,889 $0 6.08%
    Somerset, PA (FHA|USDA|VA) 7 $415,000 $59,286 $0 5.96%
    ALTOONA, PA (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.75%
    Outside of Metro Areas 1 $85,000 $85,000 $0 5.75%
    C-b-w Schools Federal Credit Union's top markets include Johnstown, Somerset, and Altoona among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 18 $1,140,000 $63,333 $0 6.06%

    For 2024, C-b-w Schools Federal Credit Union's most frequently originated type of loan was Conventional, with 18 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 5 $285,000 $57,000 $0 5.85%
    Cash Out Refi 5 $275,000 $55,000 $0 6.10%
    Refi 4 $240,000 $60,000 $0 6.06%
    Home Purchase 2 $190,000 $95,000 $0 6.50%
    Other 2 $150,000 $75,000 $0 6.00%

    For 2024, C-b-w Schools Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 5 originations. The 2nd most popular reason was Cash Out Refi, with 5 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 8 $380,000 $47,500 $0 5.94%
    20 Year 5 $475,000 $95,000 $0 6.25%
    15 Year 2 $90,000 $45,000 $0 6.25%
    5 Year 2 $60,000 $30,000 $0 5.75%
    Other 1 $135,000 $135,000 $0 6.25%

    For 2024, C-b-w Schools Federal Credit Union's most frequently cited loan duration was 10 Year, with 8 originations. The 2nd most popular length was 20 Year, with 5 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 10 $570,000 $57,000
    6-7% 8 $570,000 $71,250

    During 2024, C-b-w Schools Federal Credit Union's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 10 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 15 $735,000 $49,000 $0 5.98%
    $100k-200k 3 $405,000 $135,000 $0 6.42%

    2024 saw C-b-w Schools Federal Credit Union place emphasis on $100,000 or less loans with 15 originations, totaling $735,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 7 $465,000 $66,429 $0 5.93%
    $75k-100k 6 $280,000 $46,667 $0 6.04%
    $150k-250k 2 $180,000 $90,000 $0 6.63%
    $50k-75k 2 $180,000 $90,000 $0 6.13%
    $250k+ 1 $35,000 $35,000 $0 5.75%

    C-b-w Schools Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 7 originations. The second most popular income band? $75k-100k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 6 $470,000 $78,333 $0 6.08%
    20-30% 4 $230,000 $57,500 $0 5.94%
    30-36% 3 $175,000 $58,333 $0 6.17%
    37% 2 $90,000 $45,000 $0 6.13%
    39% 1 $45,000 $45,000 $0 6.25%
    40% 1 $95,000 $95,000 $0 6.00%
    41% 1 $35,000 $35,000 $0 5.75%

    C-b-w Schools Federal Credit Union lent most frequently to those with DTI ratios of <20%, with 6 originations. The next most common DTI ratio? 20-30%, with 4 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 18 $1,140,000 $63,333 $0 6.06%

    Approval Rates

    Total approvals of all applications
    95.45%

    C-b-w Schools Federal Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    83.33%

    C-b-w Schools Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 18 $1,140,000 $63,333

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    18 $1,140,000 $63,333

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $275,000 $55,000 $0 5.95%
    40-60% 2 $100,000 $50,000 $0 5.88%
    60-80% 4 $450,000 $112,500 $0 6.25%
    80-100% 2 $180,000 $90,000 $0 6.00%
    Under 20% 5 $135,000 $27,000 $0 6.10%