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 Refi 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 Luis Obispo, and Las Vegas among others. We have data for 59 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
824Origination Dollar Volume (All Markets)
$247,090,000Top 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) | 516 | $164,580,000 | $318,953 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 125 | $34,075,000 | $272,600 | $0 | 0.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 48 | $15,680,000 | $326,667 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 8 | $2,490,000 | $311,250 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 10 | $2,390,000 | $239,000 | $0 | 0.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 13 | $2,345,000 | $180,385 | $0 | 0.00% |
| Outside of Metro Areas | 8 | $2,140,000 | $267,500 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 9 | $1,895,000 | $210,556 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 7 | $1,605,000 | $229,286 | $0 | 0.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 6 | $1,490,000 | $248,333 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,195,000 | $398,333 | $0 | 0.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 4 | $1,180,000 | $295,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $1,125,000 | $225,000 | $0 | 0.00% |
| ST. GEORGE, UT (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $0 | 0.00% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 2 | $970,000 | $485,000 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $720,000 | $180,000 | $0 | 0.00% |
| BEND, OR (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $0 | 0.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| RENO, NV (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| JACKSON, MS (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% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Newport, OR (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| OCALA, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| MADERA, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| SALEM, OR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| CHICO, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $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 | 824 | $247,090,000 | $299,867 | $0 | 0.00% |
For 2020, Los Angeles Police Federal Credit Union's most frequently originated type of loan was Conventional, with 824 originations.
Loan Reason
For 2020, Los Angeles Police Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 335 originations. The 2nd most popular reason was Refi, with 325 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 824 | $247,090,000 | $299,867 | $0 | 0.00% |
For 2020, Los Angeles Police Federal Credit Union's most frequently cited loan duration was Other, with 824 originations.
Loan Sizing
2020 saw Los Angeles Police Federal Credit Union place emphasis on $200k-400k loans with 358 originations, totaling $109,400,000 in origination value.
Applicant Income
Los Angeles Police Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 339 originations. The second most popular income band? $150k-250k, with 207 originations.
Applicant Debt to Income Ratio
Los Angeles Police Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 232 originations. The next most common DTI ratio? 30-36%, with 148 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.85%
Los Angeles Police Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination17.48%
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 | 824 | $247,090,000 | $299,867 |