Cse Federal Credit Union Mortgage Rates, Fees & Info

Lake Charles, LA

LEI: 5493005HN78XQ5US3306

Tax ID: 72-0433983

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Cse Federal Credit Union is a smaller credit union specializing in Refi, Cash Out Refi, and Home Purchase loans. Cse Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Lake Charles, Deridder, Jennings, and Fort Polk South among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Cse 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.

    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.

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    Originations

    91

    Origination Dollar Volume (All Markets)

    $11,445,000

    Top 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
    LAKE CHARLES, LA (FHA|USDA|VA) 70 $8,790,000 $125,571 $0 0.00%
    DeRidder, LA (FHA|USDA|VA) 7 $1,195,000 $170,714 $0 0.00%
    Outside of Metro Areas 6 $750,000 $125,000 $0 0.00%
    Jennings, LA (FHA|USDA|VA) 6 $590,000 $98,333 $0 0.00%
    Fort Polk South, LA (FHA|USDA|VA) 2 $120,000 $60,000 $0 0.00%
    Cse Federal Credit Union's top markets include Lake Charles, Deridder, Jennings, and Fort Polk South among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 91 $11,445,000 $125,769 $0 0.00%

    For 2024, Cse Federal Credit Union's most frequently originated type of loan was Conventional, with 91 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 27 $2,175,000 $80,556 $0 0.00%
    Refi 24 $3,880,000 $161,667 $0 0.00%
    Cash Out Refi 20 $2,450,000 $122,500 $0 0.00%
    Home Purchase 19 $2,825,000 $148,684 $0 0.00%
    Home Improvement 1 $115,000 $115,000 $0 0.00%

    For 2024, Cse Federal Credit Union's most frequently cited loan purpose was Other, with 27 originations. The 2nd most popular reason was Refi, with 24 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 91 $11,445,000 $125,769 $0 0.00%

    For 2024, Cse Federal Credit Union's most frequently cited loan duration was Other, with 91 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 47 $3,075,000 $65,426 $0 0.00%
    $100k-200k 32 $4,570,000 $142,813 $0 0.00%
    $200k-400k 10 $2,950,000 $295,000 $0 0.00%
    $400k-600k 2 $850,000 $425,000 $0 0.00%

    2024 saw Cse Federal Credit Union place emphasis on $100,000 or less loans with 47 originations, totaling $3,075,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 23 $3,085,000 $134,130 $0 0.00%
    $150k-250k 18 $3,500,000 $194,444 $0 0.00%
    $50k-75k 17 $1,425,000 $83,824 $0 0.00%
    $75k-100k 17 $2,085,000 $122,647 $0 0.00%
    $50k or less 4 $260,000 $65,000 $0 0.00%
    $250k+ 2 $390,000 $195,000 $0 0.00%

    Cse Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 23 originations. The second most popular income band? $150k-250k, with 18 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 91 $11,445,000 $125,769 $0 0.00%

    Cse Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 91 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 66 $9,300,000 $140,909 $0 0.00%
    Black 13 $1,255,000 $96,538 $0 0.00%
    Not applicable 10 $700,000 $70,000 $0 0.00%
    Not provided 2 $190,000 $95,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    78.86%

    Cse Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    56.04%

    Cse 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 91 $11,445,000 $125,769

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    91 $11,445,000 $125,769