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
Jump to:
Mortgage Data
Review & Overview
Omaha Police Federal Credit Union is a smaller credit union specializing in Home Improvement and Cash Out Refi loans. Omaha Police Federal Credit Union has a high proportion of conventional loans. Their top two markets are Omaha and Fremont .Omaha Police 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.
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
26Origination Dollar Volume (All Markets)
$2,420,000Top 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 | $2,385,000 | $95,400 | $0 | 0.00% |
| Fremont, NE (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 26 | $2,420,000 | $93,077 | $0 | 0.00% |
For 2019, Omaha Police Federal Credit Union's most frequently originated type of loan was Conventional, with 26 originations.
Loan Reason
For 2019, Omaha Police Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 9 originations. The 2nd most popular reason was Cash Out Refi, with 6 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 26 | $2,420,000 | $93,077 | $0 | 0.00% |
For 2019, Omaha Police Federal Credit Union's most frequently cited loan duration was Other, with 26 originations.
Loan Sizing
2019 saw Omaha Police Federal Credit Union place emphasis on $100,000 or less loans with 16 originations, totaling $940,000 in origination value.
Applicant Income
Omaha Police Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 10 originations. The second most popular income band? $100k-150k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 26 | $2,420,000 | $93,077 | $0 | 0.00% |
Omaha Police Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 26 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 25 | $2,295,000 | $91,800 | $0 | 0.00% |
| Black | 1 | $125,000 | $125,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications86.11%
Omaha Police Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination88.46%
Omaha Police Federal Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 26 | $2,420,000 | $93,077 |