Omaha Police Federal Credit Union Mortgage Rates, Fees & Info
Omaha, NELEI: 54930092UGT1EDCMDP54
Tax ID: 47-0446720
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Omaha Police Federal Credit Union is a smaller credit union specializing in Other and Home Improvement loans. Omaha Police Federal Credit Union has a high proportion of conventional loans. Their top (well, only) market is Omaha.Omaha Police Federal Credit Union has an above 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
25Origination Dollar Volume (All Markets)
$2,305,000Top 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 |
|---|---|---|---|---|---|
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 25 | $2,305,000 | $92,200 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 25 | $2,305,000 | $92,200 | $0 | 0.00% |
For 2023, Omaha Police Federal Credit Union's most frequently originated type of loan was Conventional, with 25 originations.
Loan Reason
For 2023, Omaha Police Federal Credit Union's most frequently cited loan purpose was Other, with 13 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 | 25 | $2,305,000 | $92,200 | $0 | 0.00% |
For 2023, Omaha Police Federal Credit Union's most frequently cited loan duration was Other, with 25 originations.
Loan Sizing
2023 saw Omaha Police Federal Credit Union place emphasis on $100,000 or less loans with 18 originations, totaling $1,110,000 in origination value.
Applicant Income
Omaha Police Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 14 originations. The second most popular income band? $100k-150k, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 25 | $2,305,000 | $92,200 | $0 | 0.00% |
Omaha Police Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 25 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 25 | $2,305,000 | $92,200 | $0 | 0.00% |
Approval Rates
Total approvals of all applications90.32%
Omaha Police Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination88.00%
Omaha Police Federal Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 25 | $2,305,000 | $92,200 |