Camc Federal Credit Union Mortgage Rates, Fees & Info
Charleston, WVLEI: 54930086UI4O90IKYD43
Tax ID: 55-0573001
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Mortgage Data
Review & Overview
Camc Federal Credit Union is a smaller credit union specializing in Cash Out Refi and Refi loans. Camc Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Charleston, Huntington, and Beckley among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Camc Federal Credit Union has an average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
50Origination Dollar Volume (All Markets)
$3,830,000Top 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 |
|---|---|---|---|---|---|
| CHARLESTON, WV (FHA|USDA|VA) | 45 | $3,205,000 | $71,222 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $310,000 | $155,000 | $0 | 0.00% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 0.00% |
| BECKLEY, WV (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 46 | $3,670,000 | $79,783 | $0 | 0.00% |
| HELOC | 4 | $160,000 | $40,000 | n/a | 0.00% |
For 2019, Camc Federal Credit Union's most frequently originated type of loan was Conventional, with 46 originations. Their 2nd most popular type was HELOC, with 4 originations.
Loan Reason
For 2019, Camc Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 13 originations. The 2nd most popular reason was Home Improvement, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 50 | $3,830,000 | $76,600 | $0 | 0.00% |
For 2019, Camc Federal Credit Union's most frequently cited loan duration was Other, with 50 originations.
Loan Sizing
2019 saw Camc Federal Credit Union place emphasis on $100,000 or less loans with 37 originations, totaling $1,655,000 in origination value.
Applicant Income
Camc Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 15 originations. The second most popular income band? $50k-75k, with 11 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 49 | $3,795,000 | $77,449 | $0 | 0.00% |
| Black | 1 | $35,000 | $35,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications84.62%
Camc Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination90.00%
Camc Federal Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 50 | $3,830,000 | $76,600 |