Atomic Credit Union Mortgage Rates, Fees & Info
Piketon, OHLEI: 54930038B7D8N5ZCSG62
Tax ID: 31-4415974
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Mortgage Data
Review & Overview
Atomic Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. Atomic Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Jackson, Portsmouth, Chillicothe, Athens, and Huntington among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Atomic 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
275Origination Dollar Volume (All Markets)
$38,935,000Top 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 |
|---|---|---|---|---|---|
| Jackson, OH (FHA|USDA|VA) | 89 | $16,085,000 | $180,730 | $0 | 0.00% |
| Outside of Metro Areas | 79 | $9,515,000 | $120,443 | $0 | 0.00% |
| Portsmouth, OH (FHA|USDA|VA) | 62 | $7,240,000 | $116,774 | $0 | 0.00% |
| Chillicothe, OH (FHA|USDA|VA) | 23 | $2,465,000 | $107,174 | $0 | 0.00% |
| Athens, OH (FHA|USDA|VA) | 7 | $1,075,000 | $153,571 | $0 | 0.00% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 5 | $1,045,000 | $209,000 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 6 | $570,000 | $95,000 | $0 | 0.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 275 | $38,935,000 | $141,582 | $0 | 0.00% |
For 2020, Atomic Credit Union's most frequently originated type of loan was Conventional, with 275 originations.
Loan Reason
For 2020, Atomic Credit Union's most frequently cited loan purpose was Home Purchase, with 90 originations. The 2nd most popular reason was Cash Out Refi, with 82 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 275 | $38,935,000 | $141,582 | $0 | 0.00% |
For 2020, Atomic Credit Union's most frequently cited loan duration was Other, with 275 originations.
Loan Sizing
2020 saw Atomic Credit Union place emphasis on $100,000 or less loans with 116 originations, totaling $6,860,000 in origination value.
Applicant Income
Atomic Credit Union lent most frequently to those with incomes in the $100k-150k range, with 78 originations. The second most popular income band? $50k-75k, with 68 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 275 | $38,935,000 | $141,582 | $0 | 0.00% |
Atomic Credit Union lent most frequently to those with DTI ratios of Exempt%, with 275 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.92%
Atomic Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination68.00%
Atomic 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 | 275 | $38,935,000 | $141,582 |