Sce Federal Credit Union Mortgage Rates, Fees & Info
Irwindale, CALEI: 5493001FMENBK31GGQ69
Tax ID: 95-1766772
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Sce Federal Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Sce Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, Las Vegas, and El Centro among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Sce Federal 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
37Origination Dollar Volume (All Markets)
$29,295,000Top 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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 27 | $21,495,000 | $796,111 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 7 | $4,295,000 | $613,571 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $3,050,000 | $1,525,000 | $0 | 0.00% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 37 | $29,295,000 | $791,757 | $0 | 0.00% |
For 2020, Sce Federal Credit Union's most frequently originated type of loan was Conventional, with 37 originations.
Loan Reason
For 2020, Sce Federal Credit Union's most frequently cited loan purpose was Refi, with 22 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 | 37 | $29,295,000 | $791,757 | $0 | 0.00% |
For 2020, Sce Federal Credit Union's most frequently cited loan duration was Other, with 37 originations.
Loan Sizing
2020 saw Sce Federal Credit Union place emphasis on $600k-1MM loans with 10 originations, totaling $7,670,000 in origination value.
Applicant Income
Sce Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 6 originations. The second most popular income band? $75k-100k, with 4 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 37 | $29,295,000 | $791,757 | $0 | 0.00% |
Sce Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 37 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.33%
Sce Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination75.68%
Sce Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 37 | $29,295,000 | $791,757 |