Cooperativa De Ahorro Y Credito Del Valenciano Mortgage Rates, Fees & Info
Juncos,LEI: 5493004PU0PDR2NUYN54
Tax ID: 66-0228613
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Cooperativa De Ahorro Y Credito Del Valenciano is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Cooperativa De Ahorro Y Credito Del Valenciano has a high proportion of conventional loans. Their top two markets are San Juan and Ponce .Cooperativa De Ahorro Y Credito Del Valenciano has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. They typically have relatively high rates.
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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.27% | 11/21/24 |
| 15 Year Conventional Purchase | 5.68% | 11/21/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Cooperativa De Ahorro Y Credito Del Valenciano Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Cooperativa De Ahorro Y Credito Del Valenciano. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
17Origination Dollar Volume (All Markets)
$1,795,000Top 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 |
|---|---|---|---|---|---|
| SAN JUAN-BAYAMÓN-CAGUAS, PR (FHA|USDA|VA) | 15 | $1,585,000 | $105,667 | $0 | 5.88% |
| Outside of Metro Areas | 1 | $125,000 | $125,000 | $0 | 6.00% |
| PONCE, PR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 17 | $1,795,000 | $105,588 | $0 | 5.90% |
For 2021, Cooperativa De Ahorro Y Credito Del Valenciano's most frequently originated type of loan was Conventional, with 17 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 12 | $1,050,000 | $87,500 | $0 | 5.94% |
| Cash Out Refi | 5 | $745,000 | $149,000 | $0 | 5.80% |
For 2021, Cooperativa De Ahorro Y Credito Del Valenciano's most frequently cited loan purpose was Home Purchase, with 12 originations. The 2nd most popular reason was Cash Out Refi, with 5 originations.
Loan Duration/Length
For 2021, Cooperativa De Ahorro Y Credito Del Valenciano's most frequently cited loan duration was 30 Year, with 7 originations. The 2nd most popular length was 15 Year, with 5 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 17 | $1,795,000 | $105,588 |
During 2021, Cooperativa De Ahorro Y Credito Del Valenciano's average interest rate for loans was 5.86%, while their most frequently originated rate bucket for loans was 5-6%, with 17 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100,000 or less | 9 | $575,000 | $63,889 | $0 | 5.94% |
| $100k-200k | 7 | $935,000 | $133,571 | $0 | 5.89% |
| $200k-400k | 1 | $285,000 | $285,000 | $0 | 5.50% |
2021 saw Cooperativa De Ahorro Y Credito Del Valenciano place emphasis on $100,000 or less loans with 9 originations, totaling $575,000 in origination value.
Applicant Income
Cooperativa De Ahorro Y Credito Del Valenciano lent most frequently to those with incomes in the $50k or less range, with 6 originations. The second most popular income band? $50k-75k, with 5 originations.
Applicant Debt to Income Ratio
Cooperativa De Ahorro Y Credito Del Valenciano lent most frequently to those with DTI ratios of 20-30%, with 5 originations. The next most common DTI ratio? 43%, with 2 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 17 | $1,795,000 | $105,588 | $0 | 5.90% |
Approval Rates
Total approvals of all applications100.00%
Cooperativa De Ahorro Y Credito Del Valenciano has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination94.12%
Cooperativa De Ahorro Y Credito Del Valenciano has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1005.0 | 1 | $55,000 | $55,000 |
| 1105.5 | 1 | $55,000 | $55,000 |
| 1203.16 | 1 | $55,000 | $55,000 |
| 1221.34 | 1 | $55,000 | $55,000 |
| 1650.0 | 1 | $85,000 | $85,000 |
| 2212.5 | 1 | $115,000 | $115,000 |
| 2386.34 | 1 | $95,000 | $95,000 |
| 2566.64 | 1 | $115,000 | $115,000 |
| 2627.5 | 1 | $115,000 | $115,000 |
| 2907.16 | 1 | $125,000 | $125,000 |
| 3159.34 | 1 | $155,000 | $155,000 |
| 3400.0 | 1 | $175,000 | $175,000 |
| 345.0 | 1 | $15,000 | $15,000 |
| 3600.66 | 1 | $285,000 | $285,000 |
| 3939.98 | 1 | $135,000 | $135,000 |
| 61.34 | 1 | $95,000 | $95,000 |
| 666.66 | 1 | $65,000 | $65,000 |