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, Las Vegas, and San Luis Obispo among others. We have data for 54 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
535Origination Dollar Volume (All Markets)
$157,515,000Top 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) | 322 | $95,790,000 | $297,484 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 80 | $24,260,000 | $303,250 | $0 | 0.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 31 | $10,695,000 | $345,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 7 | $1,985,000 | $283,571 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 4 | $1,960,000 | $490,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $1,625,000 | $325,000 | $0 | 0.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 4 | $1,350,000 | $337,500 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $1,320,000 | $330,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 4 | $1,120,000 | $280,000 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 7 | $1,095,000 | $156,429 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $1,075,000 | $215,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $0 | 0.00% |
| Sandpoint, ID (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $0 | 0.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 5 | $795,000 | $159,000 | $0 | 0.00% |
| REDDING, CA (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $0 | 0.00% |
| ST. GEORGE, UT (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 0.00% |
| Hilo, HI (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $565,000 | $188,333 | $0 | 0.00% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 0.00% |
| RENO, NV (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| Montrose, CO (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| GRANTS PASS, OR (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 0.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| MADERA, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Taos, NM (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Granbury, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Fernley, NV (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Magnolia, AR (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| FLINT, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $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 | 535 | $157,515,000 | $294,421 | $0 | 0.00% |
For 2021, Los Angeles Police Federal Credit Union's most frequently originated type of loan was Conventional, with 535 originations.
Loan Reason
For 2021, Los Angeles Police Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 238 originations. The 2nd most popular reason was Refi, with 190 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 535 | $157,515,000 | $294,421 | $0 | 0.00% |
For 2021, Los Angeles Police Federal Credit Union's most frequently cited loan duration was Other, with 535 originations.
Loan Sizing
2021 saw Los Angeles Police Federal Credit Union place emphasis on $200k-400k loans with 232 originations, totaling $67,820,000 in origination value.
Applicant Income
Los Angeles Police Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 197 originations. The second most popular income band? $150k-250k, with 129 originations.
Applicant Debt to Income Ratio
Los Angeles Police Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 149 originations. The next most common DTI ratio? 30-36%, with 91 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.46%
Los Angeles Police Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination37.94%
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 | 535 | $157,515,000 | $294,421 |