Sea West Coast Guard Federal Credit Union Mortgage Rates, Fees & Info

Oakland, CA

LEI: 5493001P38O8QXGI6503

Tax ID: 94-1480396

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

    Sea West Coast Guard Federal Credit Union is a smaller credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. Sea West Coast Guard Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Santa Cruz, San Jose, Santa Rosa, and Sacramento among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Sea West Coast Guard 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. Sea West Coast Guard Federal Credit Union is typically an average 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.27% 11/17/24
    30 Year Conventional Refi 6.27% 11/17/24
    30 Year Cash-out Refi 6.27% 11/17/24
    30 Year VA Purchase 6.27% 11/17/24
    15 Year Conventional Refi 5.68% 11/17/24
    15 Year Cash-out Refi 5.68% 11/17/24
    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.

    Sea West Coast Guard Federal Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Sea West Coast Guard Federal 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

    72

    Origination Dollar Volume (All Markets)

    $28,380,000

    Awards

    SEA WEST COAST GUARD FEDERAL CREDIT UNION 30 Year Conventional Loans bronze SEA WEST COAST GUARD FEDERAL CREDIT UNION 30 Year Conventional Loans bronze SEA WEST COAST GUARD FEDERAL CREDIT UNION 30 Year Conventional Loans gold
    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
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 32 $11,400,000 $356,250 $3,197 4.06%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 14 $8,390,000 $599,286 $13,353 3.86%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 4 $2,750,000 $687,500 $5,786 4.16%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $1,315,000 $263,000 $1,463 4.28%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,270,000 $317,500 $3,665 4.06%
    STOCKTON, CA (FHA|USDA|VA) 3 $1,145,000 $381,667 $3,360 3.58%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $655,000 $655,000 $11,751 3.75%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $555,000 $555,000 $8,727 3.50%
    CHICO, CA (FHA|USDA|VA) 1 $215,000 $215,000 $1,170 3.63%
    Clearlake, CA (FHA|USDA|VA) 1 $215,000 $215,000 $5,243 3.63%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $155,000 $155,000 $2,238 3.75%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $150,000 $75,000 $615 4.56%
    NAPA, CA (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.50%
    FRESNO, CA (FHA|USDA|VA) 1 $55,000 $55,000 $1,523 5.13%
    VALLEJO, CA (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.50%
    Sea West Coast Guard Federal Credit Union's top markets include San Francisco, Santa Cruz, San Jose, Santa Rosa, and Sacramento among others.

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

    • Similar Lenders

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

    SAFEAMERICA CREDIT UNION
    Similarity Rank: 368
    SANTA CLARA COUNTY
    Similarity Rank: 630
    BANK OF SAN FRANCISCO
    Similarity Rank: 1228
    1ST UNITED SERVICES CREDIT UNION
    Similarity Rank: 1365
    1ST NORTHERN CALIFORNIA
    Similarity Rank: 1374
    UNCLE Credit Union
    Similarity Rank: 1572
    San Mateo Credit Union
    Similarity Rank: 1650
    SAN FRANCISCO FIRE CREDIT UNION
    Similarity Rank: 1820
    VICTORIA FINANCIAL CORP.
    Similarity Rank: 1885
    Provident Credit Union
    Similarity Rank: 2132

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 69 $26,755,000 $387,754 $5,797 4.06%
    VA 3 $1,625,000 $541,667 $2,541 3.58%

    For 2019, Sea West Coast Guard Federal Credit Union's most frequently originated type of loan was Conventional, with 69 originations. Their 2nd most popular type was VA, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 29 $10,815,000 $372,931 $5,526 4.13%
    Refi 20 $8,090,000 $404,500 $2,698 3.82%
    Home Purchase 12 $7,330,000 $610,833 $11,871 3.80%
    Home Improvement 10 $2,040,000 $204,000 $1,930 4.45%
    Other 1 $105,000 $105,000 $0 4.50%

    For 2019, Sea West Coast Guard Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 29 originations. The 2nd most popular reason was Refi, with 20 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 44 $24,390,000 $554,318 $6,900 3.82%
    Other 13 $1,325,000 $101,923 $1,170 4.43%
    15 Year 11 $1,375,000 $125,000 $1,462 4.55%
    20 Year 4 $1,290,000 $322,500 $4,302 3.69%

    For 2019, Sea West Coast Guard Federal Credit Union's most frequently cited loan duration was 30 Year, with 44 originations. The 2nd most popular length was Other, with 13 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 39 $13,765,000 $352,949
    $5k+ 19 $12,825,000 $675,000
    $4k-5k 2 $680,000 $340,000

    Sea West Coast Guard Federal Credit Union's average total fees were $6,900, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 39 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 46 $21,640,000 $470,435
    4-5% 24 $6,520,000 $271,667
    5-6% 2 $220,000 $110,000

    During 2019, Sea West Coast Guard Federal Credit Union's average interest rate for loans was 3.82%, while their most frequently originated rate bucket for loans was 3-4%, with 46 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 18 $5,410,000 $300,556 $3,264 3.68%
    $600k-1MM 17 $12,325,000 $725,000 $9,135 3.87%
    $100,000 or less 13 $825,000 $63,462 $1,399 4.63%
    $400k-600k 11 $5,435,000 $494,091 $5,715 3.82%
    $100k-200k 10 $1,370,000 $137,000 $2,089 4.49%
    $1MM+ 3 $3,015,000 $1,005,000 $14,331 3.83%

    2019 saw Sea West Coast Guard Federal Credit Union place emphasis on $200k-400k loans with 18 originations, totaling $5,410,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 23 $11,535,000 $501,522 $6,232 3.94%
    $100k-150k 21 $7,075,000 $336,905 $3,974 4.11%
    $250k+ 9 $5,035,000 $559,444 $11,395 4.18%
    $75k-100k 8 $2,520,000 $315,000 $3,301 4.17%
    $50k or less 6 $990,000 $165,000 $2,657 4.00%
    $50k-75k 5 $1,225,000 $245,000 $4,533 3.73%

    Sea West Coast Guard Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 23 originations. The second most popular income band? $100k-150k, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 19 $7,235,000 $380,789 $5,866 4.05%
    30-36% 12 $5,150,000 $429,167 $7,036 3.91%
    <20% 6 $1,810,000 $301,667 $4,648 4.10%
    36% 6 $1,830,000 $305,000 $4,094 4.02%
    42% 5 $2,335,000 $467,000 $7,715 4.05%
    44% 5 $2,265,000 $453,000 $1,365 4.02%
    41% 4 $1,920,000 $480,000 $6,278 3.63%
    50-60% 3 $965,000 $321,667 $3,216 3.96%
    43% 3 $855,000 $285,000 $12,723 4.33%
    45% 2 $1,840,000 $920,000 $11,160 4.12%
    47% 1 $85,000 $85,000 $0 4.50%
    49% 1 $455,000 $455,000 $2,310 5.00%
    40% 1 $465,000 $465,000 $2,218 4.00%
    39% 1 $265,000 $265,000 $2,098 4.00%
    38% 1 $45,000 $45,000 $0 4.50%
    >60% 1 $695,000 $695,000 $1,190 3.38%
    46% 1 $165,000 $165,000 $0 4.50%

    Sea West Coast Guard Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 19 originations. The next most common DTI ratio? 30-36%, with 12 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 47 $19,475,000 $414,362 $6,560 4.00%
    Not provided 12 $4,360,000 $363,333 $6,174 4.04%
    Black 7 $1,935,000 $276,429 $1,838 4.20%
    Asian 4 $1,720,000 $430,000 $1,650 4.05%
    American Indian 1 $835,000 $835,000 $2,473 3.99%
    Filipino 1 $55,000 $55,000 $0 4.50%

    Approval Rates

    Total approvals of all applications
    87.16%

    Sea West Coast Guard Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    70.83%

    Sea West Coast Guard Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 11 $1,025,000 $93,182
    NA 61 $27,355,000 $448,443

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 72 $28,380,000 $394,167

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 9 $2,885,000 $320,556 $1,609 3.88%
    40-60% 15 $7,395,000 $493,000 $4,927 3.85%
    60-80% 27 $15,235,000 $564,259 $8,311 3.87%
    80-100% 3 $1,365,000 $455,000 $5,513 3.67%
    Under 20% 18 $1,500,000 $83,333 $1,474 4.58%