Los Angeles Police Federal Credit Union Mortgage Rates, Fees & Info
Los Angeles, CALEI: 5493002DRIX59V47NM65
Tax ID: 95-1683316
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Mortgage Data
Review & Overview
Los Angeles Police Federal Credit Union is a smaller credit union specializing in Home Improvement, Cash Out Refi, and Home Purchase loans. Los Angeles Police Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, Oxnard, San Diego, and Las Vegas among others. We have data for 44 markets. (Some data included below & more in-depth data is available with an active subscription.)Los Angeles Police 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
396Origination Dollar Volume (All Markets)
$70,380,000Top 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) | 223 | $36,285,000 | $162,713 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 74 | $14,440,000 | $195,135 | $0 | 0.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 19 | $2,755,000 | $145,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $2,010,000 | $502,500 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 11 | $1,885,000 | $171,364 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 5 | $1,085,000 | $217,000 | $0 | 0.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 5 | $1,035,000 | $207,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| BEND, OR (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 0.00% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $315,000 | $105,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Sandpoint, ID (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 0.00% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| MADERA, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Burley, ID (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $235,000 | $47,000 | $0 | 0.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 3 | $165,000 | $55,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| GRANTS PASS, OR (FHA|USDA|VA) | 3 | $115,000 | $38,333 | $0 | 0.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| Fernley, NV (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| RENO, NV (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against LOS ANGELES POLICE Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 396 | $70,380,000 | $177,727 | $0 | 0.00% |
For 2022, Los Angeles Police Federal Credit Union's most frequently originated type of loan was Conventional, with 396 originations.
Loan Reason
For 2022, Los Angeles Police Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 154 originations. The 2nd most popular reason was Cash Out Refi, with 89 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 396 | $70,380,000 | $177,727 | $0 | 0.00% |
For 2022, Los Angeles Police Federal Credit Union's most frequently cited loan duration was Other, with 396 originations.
Loan Sizing
2022 saw Los Angeles Police Federal Credit Union place emphasis on $100,000 or less loans with 169 originations, totaling $9,315,000 in origination value.
Applicant Income
Los Angeles Police Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 143 originations. The second most popular income band? $150k-250k, with 118 originations.
Applicant Debt to Income Ratio
Los Angeles Police Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 66 originations. The next most common DTI ratio? 20-30%, with 58 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.50%
Los Angeles Police Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination51.26%
Los Angeles Police Federal Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 396 | $70,380,000 | $177,727 |