Sag-aftra Fcu Mortgage Rates, Fees & Info

Burbank, CA

LEI: 549300988TNLQ6YUZP27

Tax ID: 95-6071918

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Mortgage Data

Review & Overview

Sag-aftra Fcu is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Sag-aftra Fcu has a high proportion of conventional loans. Their top (well, only) market is Los Angeles.

Sag-aftra Fcu has an average approval rate when compared to the average across all lenders.

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Originations

15

Origination Dollar Volume (All Markets)

$5,305,000

Top 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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 11 $4,235,000 $385,000 $0 0.00%
Outside of Metro Areas 4 $1,070,000 $267,500 $0 0.00%
Sag-aftra Fcu's top markets include and Los Angeles among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 15 $5,305,000 $353,667 $0 0.00%

    For 2018, Sag-aftra Fcu's most frequently originated type of loan was Conventional, with 15 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 8 $2,390,000 $298,750 $0 0.00%
    Home Purchase 5 $1,975,000 $395,000 $0 0.00%
    Refi 2 $940,000 $470,000 $0 0.00%

    For 2018, Sag-aftra Fcu's most frequently cited loan purpose was Cash Out Refi, with 8 originations. The 2nd most popular reason was Home Purchase, with 5 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 14 $5,030,000 $359,286 $0 0.00%
    15 Year 1 $275,000 $275,000 $0 0.00%

    For 2018, Sag-aftra Fcu's most frequently cited loan duration was 30 Year, with 14 originations. The 2nd most popular length was 15 Year, with 1 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 8 $2,340,000 $292,500 $0 0.00%
    $400k-600k 4 $1,770,000 $442,500 $0 0.00%
    $100k-200k 2 $350,000 $175,000 $0 0.00%
    $600k-1MM 1 $845,000 $845,000 $0 0.00%

    2018 saw Sag-aftra Fcu place emphasis on $200k-400k loans with 8 originations, totaling $2,340,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 5 $1,165,000 $233,000 $0 0.00%
    $100k-150k 4 $1,530,000 $382,500 $0 0.00%
    $75k-100k 4 $1,350,000 $337,500 $0 0.00%
    $150k-250k 2 $1,260,000 $630,000 $0 0.00%

    Sag-aftra Fcu lent most frequently to those with incomes in the $50k-75k range, with 5 originations. The second most popular income band? $100k-150k, with 4 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 8 $2,460,000 $307,500 $0 0.00%
    Not provided 6 $2,460,000 $410,000 $0 0.00%
    Black 1 $385,000 $385,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    78.95%

    Sag-aftra Fcu has a below average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 15 $5,305,000 $353,667

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 15 $5,305,000 $353,667

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $1,255,000 $251,000 $0 0.00%
    40-60% 2 $820,000 $410,000 $0 0.00%
    60-80% 8 $3,230,000 $403,750 $0 0.00%