National Institutes Of Health Federal Credit Union Mortgage Rates, Fees & Info
Rockville, MDLEI: 5493007KLU19FK8PG279
Tax ID: 52-0599025
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
National Institutes Of Health Federal Credit Union is a smaller credit union specializing in Refi, Cash Out Refi, and Home Purchase loans. National Institutes Of Health Federal Credit Union has a high proportion of conventional loans. Their top markets include Washington, Baltimore, Raleigh, Durham, and Richmond among others. National Institutes Of Health Federal Credit Union has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors.Originations
464Origination Dollar Volume (All Markets)
$146,100,000Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 372 | $121,170,000 | $325,726 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 59 | $17,105,000 | $289,915 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $1,350,000 | $225,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $0 | 0.00% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $0 | 0.00% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 0.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $0 | 0.00% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $0 | 0.00% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
| DOVER, DE (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 0.00% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
National Institutes Of Health Federal Credit Union's top markets include Washington, Baltimore, Raleigh, Durham, and Richmond among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 464 | $146,100,000 | $314,871 | $0 | 0.00% |
For the 2021 period, National Institutes Of Health Federal Credit Union's most frequently originated loan type of loans were Conventional, with 464 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Refi | 209 | $69,725,000 | $333,612 | $0 | 0.00% |
| Cash Out Refi | 130 | $42,740,000 | $328,769 | $0 | 0.00% |
| Home Purchase | 87 | $30,925,000 | $355,460 | $0 | 0.00% |
| Home Improvement | 24 | $1,660,000 | $69,167 | $0 | 0.00% |
| Other | 14 | $1,050,000 | $75,000 | $0 | 0.00% |
For the 2021, National Institutes Of Health Federal Credit Union's most frequently cited loan purpose of loans were Refi, with 209 originations. The 2nd most popular reason of loans were Cash Out Refi, with 130 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 464 | $146,100,000 | $314,871 | $0 | 0.00% |
For the 2021, National Institutes Of Health Federal Credit Union's most frequently cited loan length of loans were Other, with 464 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 225 | $66,185,000 | $294,156 | $0 | 0.00% |
| $400k-600k | 106 | $50,900,000 | $480,189 | $0 | 0.00% |
| $100k-200k | 73 | $11,485,000 | $157,329 | $0 | 0.00% |
| $100,000 or less | 40 | $2,120,000 | $53,000 | $0 | 0.00% |
| $600k-1MM | 18 | $12,490,000 | $693,889 | $0 | 0.00% |
| $1MM+ | 2 | $2,920,000 | $1,460,000 | $0 | 0.00% |
2021 saw National Institutes Of Health Federal Credit Union place emphasis on $200k-400k loans with 225 originations, totaling $66,185,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 162 | $48,000,000 | $296,296 | $0 | 0.00% |
| $150k-250k | 141 | $47,445,000 | $336,489 | $0 | 0.00% |
| $250k+ | 62 | $27,330,000 | $440,806 | $0 | 0.00% |
| $75k-100k | 62 | $14,990,000 | $241,774 | $0 | 0.00% |
| $50k-75k | 31 | $7,295,000 | $235,323 | $0 | 0.00% |
| $50k or less | 5 | $605,000 | $121,000 | $0 | 0.00% |
National Institutes Of Health Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 162 originations. The second most popular income band? $150k-250k, with 141 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 464 | $146,100,000 | $314,871 | $0 | 0.00% |
National Institutes Of Health Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 464 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 205 | $59,345,000 | $289,488 | $0 | 0.00% |
| Not provided | 93 | $33,115,000 | $356,075 | $0 | 0.00% |
| Black | 86 | $25,240,000 | $293,488 | $0 | 0.00% |
| Asian | 49 | $17,695,000 | $361,122 | $0 | 0.00% |
| Asian Indian | 10 | $3,800,000 | $380,000 | $0 | 0.00% |
| Chinese | 6 | $1,740,000 | $290,000 | $0 | 0.00% |
| Filipino | 4 | $1,300,000 | $325,000 | $0 | 0.00% |
| American Indian | 3 | $1,105,000 | $368,333 | $0 | 0.00% |
| Korean | 3 | $1,025,000 | $341,667 | $0 | 0.00% |
| Vietnamese | 2 | $660,000 | $330,000 | $0 | 0.00% |
| Other Asian | 1 | $595,000 | $595,000 | $0 | 0.00% |
| Other Pacific Islander | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Native Hawaiian | 1 | $155,000 | $155,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications93.72%
National Institutes Of Health Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination69.42%
National Institutes Of Health 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 | 464 | $146,100,000 | $314,871 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 464 | $146,100,000 | $314,871 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| NATIONAL ASSET MORTGAGE, LLC | Conventional home mortgage | Struggling to pay mortgage | 2 | 100.0% |
