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 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, Las Vegas, and Lake Havasu City among others. We have data for 57 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
641Origination Dollar Volume (All Markets)
$139,105,000Top 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) | 397 | $88,365,000 | $222,582 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 89 | $15,925,000 | $178,933 | $0 | 0.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 50 | $13,860,000 | $277,200 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 11 | $1,755,000 | $159,545 | $0 | 0.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 8 | $1,490,000 | $186,250 | $0 | 0.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 5 | $1,165,000 | $233,000 | $0 | 0.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 6 | $900,000 | $150,000 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 8 | $900,000 | $112,500 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $0 | 0.00% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $570,000 | $285,000 | $0 | 0.00% |
| RENO, NV (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $0 | 0.00% |
| BEND, OR (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| CHICO, CA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 0.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 0.00% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 0.00% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Newport, OR (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $155,000 | $155,000 | $0 | 0.00% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Hailey, ID (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| SALEM, OR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $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 | 641 | $139,105,000 | $217,012 | $0 | 0.00% |
For 2019, Los Angeles Police Federal Credit Union's most frequently originated type of loan was Conventional, with 641 originations.
Loan Reason
For 2019, Los Angeles Police Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 193 originations. The 2nd most popular reason was Other, with 145 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 641 | $139,105,000 | $217,012 | $0 | 0.00% |
For 2019, Los Angeles Police Federal Credit Union's most frequently cited loan duration was Other, with 641 originations.
Loan Sizing
2019 saw Los Angeles Police Federal Credit Union place emphasis on $100,000 or less loans with 230 originations, totaling $12,870,000 in origination value.
Applicant Income
Los Angeles Police Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 258 originations. The second most popular income band? $150k-250k, with 167 originations.
Applicant Debt to Income Ratio
Los Angeles Police Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 122 originations. The next most common DTI ratio? 20-30%, with 112 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.84%
Los Angeles Police Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination49.30%
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 | 641 | $139,105,000 | $217,012 |