Afl Cio Employees Federal Credit Union Mortgage Rates, Fees & Info
Washington, DCLEI: 5493008LTXJSUQBJKO24
Tax ID: 53-0233491
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Afl Cio Employees Federal Credit Union is a smaller credit union specializing in Home Improvement loans. Afl Cio Employees Federal Credit Union has an average proportion of conventional loans. Their top markets by origination volume include: Washington, Atlanta, New York, California, and Pittsburgh among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Afl Cio Employees 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.
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Originations
26Origination Dollar Volume (All Markets)
$2,330,000Top 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 |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 14 | $1,660,000 | $118,571 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 0.00% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 16 | $1,750,000 | $109,375 | n/a | 0.00% |
| Conventional | 10 | $580,000 | $58,000 | $0 | 0.00% |
For 2023, Afl Cio Employees Federal Credit Union's most frequently originated type of loan was HELOC, with 16 originations. Their 2nd most popular type was Conventional, with 10 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Improvement | 23 | $2,005,000 | $87,174 | $0 | 0.00% |
| Other | 3 | $325,000 | $108,333 | $0 | 0.00% |
For 2023, Afl Cio Employees Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 23 originations. The 2nd most popular reason was Other, with 3 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 26 | $2,330,000 | $89,615 | $0 | 0.00% |
For 2023, Afl Cio Employees Federal Credit Union's most frequently cited loan duration was Other, with 26 originations.
Loan Sizing
2023 saw Afl Cio Employees Federal Credit Union place emphasis on $100,000 or less loans with 18 originations, totaling $1,040,000 in origination value.
Applicant Income
Afl Cio Employees Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 8 originations. The second most popular income band? $100k-150k, with 7 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.49%
Afl Cio Employees Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination76.92%
Afl Cio Employees Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 26 | $2,330,000 | $89,615 |