Blair County Fcu Mortgage Rates, Fees & Info
Altoona, PALEI: 5493006B4YBR7ZSB3G86
Tax ID: 23-1520145
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Blair County Fcu is a smaller credit union specializing in Home Improvement and Refi loans. Blair County Fcu has a high proportion of conventional loans. Their top two markets are Altoona and Johnstown .Blair County Fcu has an above average approval rate when compared to the average across all 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
25Origination Dollar Volume (All Markets)
$975,000Top 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 |
|---|---|---|---|---|---|
| ALTOONA, PA (FHA|USDA|VA) | 22 | $810,000 | $36,818 | $334 | 3.76% |
| Outside of Metro Areas | 2 | $130,000 | $65,000 | $283 | 4.29% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $406 | 4.59% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 25 | $975,000 | $39,000 | $332 | 3.83% |
For 2019, Blair County Fcu's most frequently originated type of loan was Conventional, with 25 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Improvement | 21 | $705,000 | $33,571 | $344 | 3.75% |
| Refi | 4 | $270,000 | $67,500 | $273 | 4.29% |
For 2019, Blair County Fcu's most frequently cited loan purpose was Home Improvement, with 21 originations. The 2nd most popular reason was Refi, with 4 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 16 | $730,000 | $45,625 | $320 | 4.21% |
| 5 Year | 8 | $160,000 | $20,000 | $354 | 2.99% |
| 10 Year | 1 | $85,000 | $85,000 | $355 | 4.59% |
For 2019, Blair County Fcu's most frequently cited loan duration was Other, with 16 originations. The 2nd most popular length was 5 Year, with 8 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 10 | $560,000 | $56,000 |
| 2.5-3% | 9 | $185,000 | $20,556 |
| 3-4% | 6 | $230,000 | $38,333 |
During 2019, 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 10 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100,000 or less | 24 | $850,000 | $35,417 | $331 | 3.80% |
| $100k-200k | 1 | $125,000 | $125,000 | $355 | 4.59% |
2019 saw Blair County Fcu place emphasis on $100,000 or less loans with 24 originations, totaling $850,000 in origination value.
Applicant Income
Blair County Fcu lent most frequently to those with incomes in the $100k-150k range, with 8 originations. The second most popular income band? $50k-75k, with 6 originations.
Applicant Debt to Income Ratio
Blair County Fcu lent most frequently to those with DTI ratios of 20-30%, with 6 originations. The next most common DTI ratio? <20%, with 5 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 25 | $975,000 | $39,000 | $332 | 3.83% |
Approval Rates
Total approvals of all applications96.15%
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 originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 25 | $975,000 | $39,000 |