Columbia Community Credit Union Mortgage Rates, Fees & Info

Vancouver, WA

LEI: 5493000D6RXLNBZQYA47

Tax ID: 91-0617775

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Columbia Community Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. Columbia Community Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Longview, Seattle, Centralia, and Olympia among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Columbia Community 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. Columbia Community 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
    Home Equity Line of Credit (HELOC) 4.23% 12/16/24
    30 Year Conventional Purchase 6.28% 12/16/24
    30 Year Conventional Refi 6.50% 12/16/24
    30 Year Cash-out Refi 6.72% 12/16/24
    30 Year FHA Purchase 7.02% 12/16/24
    30 Year FHA Refi 6.27% 12/16/24
    15 Year Conventional Purchase 6.16% 12/16/24
    15 Year Conventional Refi 6.28% 12/16/24
    15 Year Cash-out Refi 6.28% 12/16/24
    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.

    Columbia Community Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Columbia Community 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

    1,742

    Origination Dollar Volume (All Markets)

    $202,010,000

    Awards

    COLUMBIA COMMUNITY CREDIT UNION 30 Year Conventional Loans silver COLUMBIA COMMUNITY CREDIT UNION 30 Year Conventional Loans gold
    Show all (2) awards

    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
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1,621 $182,555,000 $112,619 $1,653 4.24%
    LONGVIEW, WA (FHA|USDA|VA) 64 $10,620,000 $165,938 $3,133 4.18%
    Outside of Metro Areas 15 $1,885,000 $125,667 $2,801 4.52%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 11 $1,875,000 $170,455 $2,205 4.35%
    Centralia, WA (FHA|USDA|VA) 8 $1,470,000 $183,750 $2,776 4.22%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 5 $1,015,000 $203,000 $3,878 4.40%
    Aberdeen, WA (FHA|USDA|VA) 2 $370,000 $185,000 $3,266 5.00%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $355,000 $355,000 $3,194 4.88%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $245,000 $245,000 $2,638 4.38%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $235,000 $235,000 $2,823 4.75%
    SALEM, OR (FHA|USDA|VA) 2 $220,000 $110,000 $3,356 3.68%
    Shelton, WA (FHA|USDA|VA) 2 $200,000 $100,000 $1,505 5.69%
    Klamath Falls, OR (FHA|USDA|VA) 1 $195,000 $195,000 $3,585 4.38%
    Pahrump, NV (FHA|USDA|VA) 1 $155,000 $155,000 $3,064 5.25%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $145,000 $145,000 $3,034 5.38%
    Roseburg, OR (FHA|USDA|VA) 1 $145,000 $145,000 $4,921 4.50%
    Astoria, OR (FHA|USDA|VA) 1 $115,000 $115,000 $1,850 4.13%
    BOISE CITY, ID (FHA|USDA|VA) 1 $95,000 $95,000 $2,888 4.63%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $80,000 $40,000 $500 6.24%
    Moses Lake, WA (FHA|USDA|VA) 1 $35,000 $35,000 $0 2.74%
    Columbia Community Credit Union's top markets include Portland, Longview, Seattle, Centralia, and Olympia among others.

    Their top states include:
  • Washington (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against COLUMBIA COMMUNITY CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    People's Community Federal Credit Union
    Similarity Rank: 33
    Yakima Federal Savings and Loan Association
    Similarity Rank: 360
    CASTPARTS EMPLOYEES
    Similarity Rank: 900
    OREGON COMMUNITY
    Similarity Rank: 969
    Clackamas Federal Credit Union
    Similarity Rank: 1298
    InRoads Federal Credit Union
    Similarity Rank: 1432
    Unitus Community Credit Union
    Similarity Rank: 1443
    Mortgage Trust, Inc.
    Similarity Rank: 1778
    Great Plains National Bank
    Similarity Rank: 1869
    COLUMBIA COMMUNITY CREDIT UNION
    Similarity Rank: 1900

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,055 $160,145,000 $151,796 $1,756 4.99%
    HELOC 687 $41,865,000 $60,939 n/a 3.10%

    For 2018, Columbia Community Credit Union's most frequently originated type of loan was Conventional, with 1,055 originations. Their 2nd most popular type was HELOC, with 687 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 654 $35,840,000 $54,801 $328 3.74%
    Refi 297 $36,435,000 $122,677 $1,390 4.80%
    Home Purchase 291 $68,095,000 $234,003 $3,560 4.50%
    Other 279 $13,195,000 $47,294 $275 4.35%
    Cash Out Refi 221 $48,445,000 $219,208 $2,803 4.55%

    For 2018, Columbia Community Credit Union's most frequently cited loan purpose was Home Improvement, with 654 originations. The 2nd most popular reason was Refi, with 297 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 754 $49,830,000 $66,088 $958 3.21%
    15 Year 399 $29,045,000 $72,794 $579 5.46%
    30 Year 391 $104,705,000 $267,788 $3,714 4.68%
    10 Year 128 $13,280,000 $103,750 $385 5.07%
    5 Year 53 $1,925,000 $36,321 $402 4.53%
    20 Year 17 $3,225,000 $189,706 $2,974 4.55%

    For 2018, Columbia Community Credit Union's most frequently cited loan duration was Other, with 754 originations. The 2nd most popular length was 15 Year, with 399 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 843 $95,205,000 $112,936
    $1k-2k 130 $31,930,000 $245,615
    $2k-3k 30 $8,700,000 $290,000
    $5k+ 28 $11,760,000 $420,000
    $3k-4k 10 $3,330,000 $333,000
    $4k-5k 8 $2,290,000 $286,250

    Columbia Community Credit Union's average total fees were $3,714, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 843 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 487 $92,485,000 $189,908
    5-6% 414 $42,650,000 $103,019
    2.5-3% 382 $23,940,000 $62,670
    <2.5% 213 $11,355,000 $53,310
    3-4% 134 $26,260,000 $195,970
    6-7% 102 $4,900,000 $48,039
    7-8% 10 $420,000 $42,000

    During 2018, Columbia Community Credit Union's average interest rate for loans was 4.68%, while their most frequently originated rate bucket for loans was 4-5%, with 487 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,096 $53,300,000 $48,631 $401 4.13%
    $100k-200k 321 $43,015,000 $134,003 $2,080 4.24%
    $200k-400k 265 $72,025,000 $271,792 $3,538 4.65%
    $400k-600k 49 $22,355,000 $456,224 $5,240 4.51%
    $600k-1MM 8 $6,030,000 $753,750 $8,581 4.40%
    $1MM+ 3 $5,285,000 $1,761,667 $0 5.03%

    2018 saw Columbia Community Credit Union place emphasis on $100,000 or less loans with 1,096 originations, totaling $53,300,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 476 $51,980,000 $109,202 $1,538 4.27%
    $50k-75k 409 $42,155,000 $103,068 $1,789 4.26%
    $75k-100k 394 $40,050,000 $101,650 $1,599 4.22%
    $150k-250k 219 $33,715,000 $153,950 $2,091 4.17%
    $50k or less 176 $15,330,000 $87,102 $1,930 4.34%
    $250k+ 46 $9,720,000 $211,304 $2,655 3.95%

    Columbia Community Credit Union lent most frequently to those with incomes in the $100k-150k range, with 476 originations. The second most popular income band? $50k-75k, with 409 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 374 $41,350,000 $110,561 $1,694 4.28%
    20-30% 362 $40,160,000 $110,939 $1,708 4.28%
    42% 131 $10,965,000 $83,702 $864 4.99%
    41% 102 $11,030,000 $108,137 $1,176 4.59%
    <20% 97 $10,525,000 $108,505 $1,508 3.86%
    40% 74 $6,960,000 $94,054 $1,181 4.59%
    37% 70 $7,270,000 $103,857 $1,486 4.28%
    36% 63 $9,315,000 $147,857 $1,544 4.33%
    38% 63 $7,645,000 $121,349 $1,614 4.48%
    49% 61 $9,035,000 $148,115 $4,954 3.76%
    44% 59 $6,785,000 $115,000 $3,132 3.90%
    39% 59 $8,215,000 $139,237 $2,069 4.32%
    43% 45 $5,995,000 $133,222 $3,537 3.75%
    47% 45 $6,185,000 $137,444 $3,588 3.98%
    45% 37 $4,845,000 $130,946 $3,286 3.73%
    50-60% 34 $2,330,000 $68,529 $826 3.12%
    48% 30 $3,340,000 $111,333 $2,980 3.64%
    46% 29 $3,075,000 $106,034 $3,476 3.56%
    >60% 1 $55,000 $55,000 $240 5.25%

    Columbia Community Credit Union lent most frequently to those with DTI ratios of 30-36%, with 374 originations. The next most common DTI ratio? 20-30%, with 362 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,513 $163,215,000 $107,875 $1,670 4.24%
    Not provided 119 $20,365,000 $171,134 $2,944 4.16%
    Not applicable 6 $6,930,000 $1,155,000 $0 5.19%
    Asian 58 $6,000,000 $103,448 $1,523 4.25%
    Black 19 $2,395,000 $126,053 $2,388 4.71%
    Native Hawaiian or Islander 15 $1,815,000 $121,000 $1,334 4.66%
    American Indian 12 $1,290,000 $107,500 $1,263 4.47%

    Approval Rates

    Total approvals of all applications
    79.65%

    Columbia Community Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    78.42%

    Columbia Community Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,742 $202,010,000 $115,964

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $1,975,000 $1,975,000
    Multifamily:Site-Built 2 $3,310,000 $1,655,000
    Single Family (1-4 Units):Manufactured 28 $3,150,000 $112,500
    Single Family (1-4 Units):Site-Built 1,711 $193,575,000 $113,136

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 346 $34,430,000 $99,509 $1,037 4.05%
    40-60% 117 $23,045,000 $196,966 $2,769 4.39%
    60-80% 210 $65,100,000 $310,000 $3,852 4.66%
    80-100% 119 $35,875,000 $301,471 $3,788 4.76%
    Under 20% 950 $43,560,000 $45,853 $355 4.14%