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
  • Complaints
  • 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 Refi, Cash Out Refi, and Home Purchase loans. Columbia Community Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Longview, Seattle, Bend, and Salem among others. We have data for 27 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% 4/22/24
    30 Year Conventional Purchase 6.28% 4/22/24
    30 Year Conventional Refi 6.50% 4/22/24
    30 Year Cash-out Refi 6.72% 4/22/24
    30 Year FHA Purchase 7.02% 4/22/24
    30 Year FHA Refi 6.27% 4/22/24
    15 Year Conventional Purchase 6.16% 4/22/24
    15 Year Conventional Refi 6.28% 4/22/24
    15 Year Cash-out Refi 6.28% 4/22/24
    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

    2,189

    Origination Dollar Volume (All Markets)

    $446,475,000

    Awards

    COLUMBIA COMMUNITY CREDIT UNION 30 Year Conventional Loans silver COLUMBIA COMMUNITY CREDIT UNION 30 Year Conventional Loans gold COLUMBIA COMMUNITY CREDIT UNION 30 Year Conventional Loans bronze
    Show all (3) 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) 1,989 $404,885,000 $203,562 $2,791 2.98%
    LONGVIEW, WA (FHA|USDA|VA) 103 $22,055,000 $214,126 $2,979 3.12%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 31 $4,765,000 $153,710 $2,779 2.59%
    Outside of Metro Areas 17 $3,735,000 $219,706 $2,807 3.35%
    BEND, OR (FHA|USDA|VA) 4 $1,680,000 $420,000 $6,490 2.94%
    SALEM, OR (FHA|USDA|VA) 5 $985,000 $197,000 $3,289 2.67%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $960,000 $480,000 $4,154 2.63%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 5 $855,000 $171,000 $2,631 2.57%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 4 $820,000 $205,000 $4,006 2.31%
    BELLINGHAM, WA (FHA|USDA|VA) 3 $655,000 $218,333 $4,640 2.58%
    Newport, OR (FHA|USDA|VA) 2 $580,000 $290,000 $3,235 2.69%
    Hood River, OR (FHA|USDA|VA) 2 $570,000 $285,000 $3,301 2.50%
    WALLA WALLA, WA (FHA|USDA|VA) 1 $515,000 $515,000 $3,631 3.25%
    Aberdeen, WA (FHA|USDA|VA) 2 $480,000 $240,000 $3,533 2.81%
    Coos Bay, OR (FHA|USDA|VA) 1 $475,000 $475,000 $4,579 3.00%
    Klamath Falls, OR (FHA|USDA|VA) 1 $405,000 $405,000 $3,710 3.38%
    Centralia, WA (FHA|USDA|VA) 5 $305,000 $61,000 $755 2.49%
    Port Angeles, WA (FHA|USDA|VA) 1 $285,000 $285,000 $3,734 2.88%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $235,000 $235,000 $8,630 3.38%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $1,922 2.50%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $230,000 $115,000 $2,210 2.50%
    Moses Lake, WA (FHA|USDA|VA) 2 $220,000 $110,000 $3,138 2.81%
    TUCSON, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $2,045 2.38%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $2,875 2.75%
    Shelton, WA (FHA|USDA|VA) 1 $65,000 $65,000 $0 1.99%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $55,000 $55,000 $2,203 3.13%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $35,000 $35,000 $0 1.99%
    Columbia Community Credit Union's top markets include Portland, Longview, Seattle, Bend, and Salem among others.

    Their top states include:
  • Washington (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Arizona (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: 434
    CASTPARTS EMPLOYEES
    Similarity Rank: 524
    OREGONIANS CREDIT UNION
    Similarity Rank: 948
    U S WIDE FINANCIAL LLC
    Similarity Rank: 988
    Pacific NW Federal Credit Union
    Similarity Rank: 1344
    Yakima Federal Savings and Loan Association
    Similarity Rank: 1565
    Wauna Federal Credit Union
    Similarity Rank: 1644
    COAST 2 COAST FUNDING GROUP, INC.
    Similarity Rank: 1653
    INROADS
    Similarity Rank: 1680
    Citizens Bank
    Similarity Rank: 2072

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,427 $393,275,000 $275,596 $2,820 3.32%
    HELOC 762 $53,200,000 $69,816 n/a 2.34%

    For 2020, Columbia Community Credit Union's most frequently originated type of loan was Conventional, with 1,427 originations. Their 2nd most popular type was HELOC, with 762 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 778 $183,320,000 $235,630 $2,705 3.22%
    Home Improvement 499 $33,495,000 $67,124 $701 2.41%
    Cash Out Refi 449 $120,695,000 $268,808 $3,075 3.27%
    Home Purchase 248 $94,470,000 $380,927 $3,748 3.01%
    Other 215 $14,495,000 $67,419 $1,123 2.80%

    For 2020, Columbia Community Credit Union's most frequently cited loan purpose was Refi, with 778 originations. The 2nd most popular reason was Home Improvement, with 499 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 884 $286,850,000 $324,491 $3,213 3.22%
    Other 794 $56,740,000 $71,461 $810 2.41%
    15 Year 293 $59,895,000 $204,420 $2,352 3.27%
    20 Year 116 $29,970,000 $258,362 $3,231 3.09%
    10 Year 72 $8,240,000 $114,444 $704 4.52%
    5 Year 25 $1,975,000 $79,000 $390 4.57%
    30+ year 4 $1,980,000 $495,000 $9,281 2.88%
    3 Year 1 $825,000 $825,000 $0 3.75%

    For 2020, Columbia Community Credit Union's most frequently cited loan duration was 30 Year, with 884 originations. The 2nd most popular length was Other, with 794 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 960 $230,050,000 $239,635
    $1k-2k 275 $78,665,000 $286,055
    $2k-3k 60 $21,210,000 $353,500
    $5k+ 30 $13,310,000 $443,667
    $3k-4k 28 $10,250,000 $366,071
    $4k-5k 14 $4,960,000 $354,286

    Columbia Community Credit Union's average total fees were $3,213, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 960 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 792 $71,840,000 $90,707
    3-4% 657 $180,515,000 $274,756
    2.5-3% 540 $153,140,000 $283,593
    4-5% 109 $34,405,000 $315,642
    5-6% 61 $5,035,000 $82,541
    6-7% 30 $1,540,000 $51,333

    During 2020, Columbia Community Credit Union's average interest rate for loans was 3.22%, while their most frequently originated rate bucket for loans was <2.5%, with 792 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 759 $38,595,000 $50,850 $775 2.83%
    $200k-400k 740 $208,780,000 $282,135 $3,045 3.13%
    $100k-200k 480 $69,890,000 $145,604 $2,419 2.90%
    $400k-600k 174 $81,380,000 $467,701 $4,084 3.15%
    $600k-1MM 32 $24,310,000 $759,688 $5,978 3.23%
    $1MM+ 4 $23,520,000 $5,880,000 $8,405 3.59%

    2020 saw Columbia Community Credit Union place emphasis on $100,000 or less loans with 759 originations, totaling $38,595,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 628 $124,230,000 $197,818 $2,894 2.98%
    $50k-75k 465 $76,095,000 $163,645 $2,611 2.92%
    $75k-100k 438 $79,720,000 $182,009 $2,724 3.00%
    $150k-250k 334 $83,420,000 $249,760 $3,127 3.00%
    $50k or less 186 $23,460,000 $126,129 $2,371 3.05%
    $250k+ 95 $30,675,000 $322,895 $4,360 2.91%

    Columbia Community Credit Union lent most frequently to those with incomes in the $100k-150k range, with 628 originations. The second most popular income band? $50k-75k, with 465 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 550 $111,160,000 $202,109 $2,815 2.96%
    30-36% 437 $88,855,000 $203,330 $2,678 3.08%
    <20% 230 $43,990,000 $191,261 $2,773 2.89%
    40% 88 $19,110,000 $217,159 $3,094 3.00%
    39% 86 $17,650,000 $205,233 $3,229 3.06%
    38% 83 $15,595,000 $187,892 $2,884 2.99%
    44% 81 $14,065,000 $173,642 $3,041 2.65%
    42% 80 $14,680,000 $183,500 $2,293 3.34%
    43% 79 $16,325,000 $206,646 $3,282 2.86%
    37% 78 $16,350,000 $209,615 $3,051 3.19%
    36% 76 $13,850,000 $182,237 $2,567 3.11%
    41% 62 $12,260,000 $197,742 $2,665 3.26%
    49% 60 $8,810,000 $146,833 $3,114 2.74%
    48% 51 $7,275,000 $142,647 $3,030 2.71%
    46% 43 $8,445,000 $196,395 $2,651 2.76%
    45% 38 $6,040,000 $158,947 $3,101 2.68%
    47% 35 $6,365,000 $181,857 $2,914 3.02%
    50-60% 26 $2,170,000 $83,462 $0 2.32%
    >60% 1 $465,000 $465,000 $5,161 3.25%

    Columbia Community Credit Union lent most frequently to those with DTI ratios of 20-30%, with 550 originations. The next most common DTI ratio? 30-36%, with 437 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,875 $364,095,000 $194,184 $2,842 2.99%
    Not provided 156 $28,100,000 $180,128 $2,575 2.91%
    Not applicable 4 $22,160,000 $5,540,000 $0 4.13%
    Asian 89 $20,075,000 $225,562 $2,829 2.90%
    Black 32 $5,330,000 $166,563 $2,546 2.96%
    American Indian 27 $4,825,000 $178,704 $2,286 3.15%
    Native Hawaiian or Islander 6 $1,890,000 $315,000 $5,019 2.98%

    Approval Rates

    Total approvals of all applications
    80.44%

    Columbia Community Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    73.32%

    Columbia Community Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,189 $446,475,000 $203,963

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $20,610,000 $10,305,000
    Single Family (1-4 Units):Manufactured 34 $5,130,000 $150,882
    Single Family (1-4 Units):Site-Built 2,153 $420,735,000 $195,418

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 321 $42,005,000 $130,857 $2,258 2.94%
    40-60% 336 $78,820,000 $234,583 $2,876 2.97%
    60-80% 613 $202,065,000 $329,633 $3,250 3.20%
    80-100% 199 $85,545,000 $429,874 $3,527 3.17%
    Under 20% 720 $38,040,000 $52,833 $524 2.76%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    COLUMBIA BANKING SYSTEM, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 1 100.0%