Northern Colorado Credit Union Mortgage Rates, Fees & Info
Greeley, COLEI: 254900ZCGCHCFNE8KY02
Tax ID: 84-0523624
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Northern Colorado Credit Union is a smaller credit union specializing in Cash Out Refi and Home Improvement loans. Northern Colorado Credit Union has a low ratio of conventional loans. Their top markets by origination volume include: Greeley, Fort Collins, and Boston among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)Northern Colorado Credit Union has an 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
53Origination Dollar Volume (All Markets)
$4,475,000Top 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 |
|---|---|---|---|---|---|
| GREELEY, CO (FHA|USDA|VA) | 39 | $3,065,000 | $78,590 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 13 | $1,305,000 | $100,385 | $0 | 0.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 50 | $4,320,000 | $86,400 | n/a | 0.00% |
| Conventional | 3 | $155,000 | $51,667 | $0 | 0.00% |
For 2024, Northern Colorado Credit Union's most frequently originated type of loan was HELOC, with 50 originations. Their 2nd most popular type was Conventional, with 3 originations.
Loan Reason
For 2024, Northern Colorado Credit Union's most frequently cited loan purpose was Cash Out Refi, with 30 originations. The 2nd most popular reason was Home Improvement, with 14 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20 Year | 53 | $4,475,000 | $84,434 | $0 | 0.00% |
For 2024, Northern Colorado Credit Union's most frequently cited loan duration was 20 Year, with 53 originations.
Loan Sizing
2024 saw Northern Colorado Credit Union place emphasis on $100,000 or less loans with 36 originations, totaling $1,650,000 in origination value.
Applicant Income
Northern Colorado Credit Union lent most frequently to those with incomes in the $100k-150k range, with 17 originations. The second most popular income band? $75k-100k, with 11 originations.
Applicant Debt to Income Ratio
Northern Colorado Credit Union lent most frequently to those with DTI ratios of 30-36%, with 13 originations. The next most common DTI ratio? 20-30%, with 9 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.73%
Northern Colorado Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination81.13%
Northern Colorado Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 53 | $4,475,000 | $84,434 |