Blair County Fcu Mortgage Rates, Fees & Info

Altoona, PA

LEI: 5493006B4YBR7ZSB3G86

Tax ID: 23-1520145

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

Jump to:

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

    Blair County Fcu is a smaller credit union specializing in Refi and Home Improvement loans. Blair County Fcu has a high proportion of conventional loans. Their top markets by origination volume include: Altoona, Somerset, and Johnstown among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Blair County Fcu 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.

    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

    24

    Origination Dollar Volume (All Markets)

    $1,190,000

    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
    ALTOONA, PA (FHA|USDA|VA) 21 $1,015,000 $48,333 $355 4.18%
    Somerset, PA (FHA|USDA|VA) 1 $65,000 $65,000 $442 4.29%
    Outside of Metro Areas 1 $65,000 $65,000 $358 3.99%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $45,000 $45,000 $399 2.99%
    Blair County Fcu's top markets include Altoona, Somerset, and Johnstown among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 24 $1,190,000 $49,583 $361 4.13%

    For 2018, Blair County Fcu's most frequently originated type of loan was Conventional, with 24 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 15 $855,000 $57,000 $365 4.36%
    Home Improvement 9 $335,000 $37,222 $353 3.75%

    For 2018, Blair County Fcu's most frequently cited loan purpose was Refi, with 15 originations. The 2nd most popular reason was Home Improvement, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 17 $945,000 $55,588 $361 4.50%
    5 Year 5 $145,000 $29,000 $362 2.99%
    10 Year 1 $75,000 $75,000 $355 4.59%
    3 Year 1 $25,000 $25,000 $353 2.99%

    For 2018, Blair County Fcu's most frequently cited loan duration was Other, with 17 originations. The 2nd most popular length was 5 Year, with 5 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 16 $930,000 $58,125
    2.5-3% 6 $170,000 $28,333
    3-4% 2 $90,000 $45,000

    During 2018, Blair County Fcu's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 4-5%, with 16 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 23 $1,025,000 $44,565 $352 4.11%
    $100k-200k 1 $165,000 $165,000 $555 4.59%

    2018 saw Blair County Fcu place emphasis on $100,000 or less loans with 23 originations, totaling $1,025,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 9 $565,000 $62,778 $368 4.38%
    $50k-75k 5 $185,000 $37,000 $362 3.51%
    $75k-100k 5 $205,000 $41,000 $353 4.47%
    $50k or less 4 $200,000 $50,000 $353 4.19%
    $150k-250k 1 $35,000 $35,000 $351 2.99%

    Blair County Fcu lent most frequently to those with incomes in the $100k-150k range, with 9 originations. The second most popular income band? $50k-75k, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 9 $455,000 $50,556 $359 4.06%
    <20% 6 $230,000 $38,333 $352 4.22%
    45% 2 $110,000 $55,000 $352 4.59%
    30-36% 2 $140,000 $70,000 $396 4.44%
    46% 1 $65,000 $65,000 $358 3.99%
    49% 1 $65,000 $65,000 $353 4.59%
    40% 1 $45,000 $45,000 $399 2.99%
    42% 1 $55,000 $55,000 $351 4.59%
    43% 1 $25,000 $25,000 $354 2.99%

    Blair County Fcu lent most frequently to those with DTI ratios of 20-30%, with 9 originations. The next most common DTI ratio? <20%, with 6 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 24 $1,190,000 $49,583 $361 4.13%

    Approval Rates

    Total approvals of all applications
    96.15%

    Blair County Fcu has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    95.83%

    Blair County Fcu has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 24 $1,190,000 $49,583

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 24 $1,190,000 $49,583

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 6 $250,000 $41,667 $343 4.17%
    40-60% 4 $240,000 $60,000 $352 4.59%
    60-80% 4 $330,000 $82,500 $404 4.59%
    80-100% 4 $200,000 $50,000 $366 4.04%
    Under 20% 6 $170,000 $28,333 $353 3.52%