Atomic Credit Union Mortgage Rates, Fees & Info
Piketon, OHLEI: 54930038B7D8N5ZCSG62
Tax ID: 31-4415974
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Atomic Credit Union is a smaller credit union specializing in Home Purchase loans. Atomic Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Jackson, Portsmouth, Columbus, Chillicothe, and Dayton among others. We have data for 15 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.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
322Origination Dollar Volume (All Markets)
$46,250,000Top 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) | 85 | $12,655,000 | $148,882 | $0 | 0.00% |
| Portsmouth, OH (FHA|USDA|VA) | 83 | $10,075,000 | $121,386 | $0 | 0.00% |
| Outside of Metro Areas | 57 | $7,765,000 | $136,228 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 38 | $6,260,000 | $164,737 | $0 | 0.00% |
| Chillicothe, OH (FHA|USDA|VA) | 35 | $4,465,000 | $127,571 | $0 | 0.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $975,000 | $975,000 | $0 | 0.00% |
| Athens, OH (FHA|USDA|VA) | 6 | $810,000 | $135,000 | $0 | 0.00% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 5 | $805,000 | $161,000 | $0 | 0.00% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 6 | $760,000 | $126,667 | $0 | 0.00% |
| Marietta, OH (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Zanesville, OH (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| Washington Court House, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 322 | $46,250,000 | $143,634 | $0 | 0.00% |
For 2022, Atomic Credit Union's most frequently originated type of loan was Conventional, with 322 originations.
Loan Reason
For 2022, Atomic Credit Union's most frequently cited loan purpose was Home Purchase, with 139 originations. The 2nd most popular reason was Cash Out Refi, with 60 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 322 | $46,250,000 | $143,634 | $0 | 0.00% |
For 2022, Atomic Credit Union's most frequently cited loan duration was Other, with 322 originations.
Loan Sizing
2022 saw Atomic Credit Union place emphasis on $100,000 or less loans with 133 originations, totaling $7,545,000 in origination value.
Applicant Income
Atomic Credit Union lent most frequently to those with incomes in the $100k-150k range, with 91 originations. The second most popular income band? $50k-75k, with 75 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 322 | $46,250,000 | $143,634 | $0 | 0.00% |
Atomic Credit Union lent most frequently to those with DTI ratios of Exempt%, with 322 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.22%
Atomic Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination69.25%
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 | 322 | $46,250,000 | $143,634 |