Stanford Federal Credit Union Mortgage Rates, Fees & Info
Palo Alto, CALEI: 5493009Y8ROUG903AQ21
Tax ID: 94-1492212
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Mortgage Data
Review & Overview
Stanford Federal Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Stanford Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, San Jose, Sacramento, Los Angeles, and Santa Cruz among others. We have data for 97 markets. (Some data included below & more in-depth data is available with an active subscription.)Stanford 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. Stanford Federal Credit Union is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.51% | 4/28/24 |
| 30 Year Conventional Purchase | 5.90% | 4/28/24 |
| 30 Year Conventional Refi | 5.95% | 4/28/24 |
| 30 Year Cash-out Refi | 6.06% | 4/28/24 |
| 15 Year Conventional Purchase | 6.42% | 4/28/24 |
| 15 Year Conventional Refi | 5.65% | 4/28/24 |
| 15 Year Cash-out Refi | 5.65% | 4/28/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Stanford Federal Credit Union Mortgage Calculator
Your Estimates
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This is not an official calculator from Stanford Federal Credit Union. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,012Origination Dollar Volume (All Markets)
$747,440,000Awards
STANFORD Federal Credit Union - 2021
STANFORD Federal Credit Union is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 404 | $346,400,000 | $857,426 | $12,198 | 2.84% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 256 | $210,570,000 | $822,539 | $7,867 | 2.77% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 37 | $22,475,000 | $607,432 | $7,258 | 2.93% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 30 | $20,890,000 | $696,333 | $12,580 | 2.73% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 17 | $11,625,000 | $683,824 | $8,228 | 2.90% |
| STOCKTON, CA (FHA|USDA|VA) | 18 | $8,420,000 | $467,778 | $9,966 | 2.79% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 8 | $7,630,000 | $953,750 | $6,763 | 3.01% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 14 | $7,420,000 | $530,000 | $9,234 | 2.91% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 8 | $7,390,000 | $923,750 | $18,546 | 2.59% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 9 | $7,045,000 | $782,778 | $13,767 | 2.67% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 10 | $5,390,000 | $539,000 | $12,992 | 3.23% |
| RENO, NV (FHA|USDA|VA) | 4 | $5,390,000 | $1,347,500 | $5,087 | 3.32% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 11 | $4,865,000 | $442,273 | $4,960 | 2.66% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 5 | $4,375,000 | $875,000 | $5,314 | 2.73% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $3,825,000 | $425,000 | $15,304 | 2.75% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 7 | $3,745,000 | $535,000 | $6,609 | 3.05% |
| FRESNO, CA (FHA|USDA|VA) | 9 | $3,735,000 | $415,000 | $5,982 | 3.10% |
| SALINAS, CA (FHA|USDA|VA) | 5 | $3,655,000 | $731,000 | $10,614 | 2.85% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 5 | $3,575,000 | $715,000 | $8,222 | 3.05% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 4 | $2,820,000 | $705,000 | $11,964 | 2.88% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 5 | $2,795,000 | $559,000 | $14,497 | 3.13% |
| Outside of Metro Areas | 8 | $2,560,000 | $320,000 | $7,266 | 3.09% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 8 | $2,540,000 | $317,500 | $8,183 | 2.75% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 5 | $2,285,000 | $457,000 | $6,940 | 2.73% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 3 | $1,975,000 | $658,333 | $7,707 | 3.53% |
| VALLEJO, CA (FHA|USDA|VA) | 6 | $1,970,000 | $328,333 | $9,250 | 2.63% |
| MERCED, CA (FHA|USDA|VA) | 1 | $1,955,000 | $1,955,000 | $0 | 3.35% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $1,860,000 | $465,000 | $9,385 | 2.53% |
| MODESTO, CA (FHA|USDA|VA) | 6 | $1,820,000 | $303,333 | $8,588 | 2.85% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 5 | $1,805,000 | $361,000 | $8,040 | 2.68% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $1,785,000 | $1,785,000 | $4,260 | 3.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $1,735,000 | $578,333 | $15,913 | 3.18% |
| BOISE CITY, ID (FHA|USDA|VA) | 4 | $1,530,000 | $382,500 | $12,088 | 2.75% |
| NAPA, CA (FHA|USDA|VA) | 3 | $1,515,000 | $505,000 | $9,546 | 3.13% |
| REDDING, CA (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 2.75% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $3,509 | 2.63% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $1,045,000 | $1,045,000 | $16,854 | 3.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $1,040,000 | $520,000 | $16,355 | 2.25% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $1,020,000 | $510,000 | $3,124 | 2.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $1,015,000 | $1,015,000 | $0 | 3.50% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $4,520 | 2.96% |
| Heber, UT (FHA|USDA|VA) | 1 | $985,000 | $985,000 | $4,463 | 3.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $7,214 | 2.44% |
| Fernley, NV (FHA|USDA|VA) | 1 | $835,000 | $835,000 | $0 | 3.52% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $6,032 | 3.06% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $5,581 | 2.46% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 3.45% |
| MEDFORD, OR (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $6,579 | 2.31% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $3,882 | 2.75% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $13,126 | 3.19% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $14,360 | 2.50% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 3.13% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $5,964 | 2.13% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $6,032 | 2.79% |
| Taos, NM (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $8,018 | 2.75% |
| BEND, OR (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $13,725 | 3.00% |
| Hilo, HI (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $6,922 | 3.25% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $12,943 | 3.00% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $6,761 | 2.63% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $2,514 | 2.88% |
| CHICO, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 2.75% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $7,044 | 3.75% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $360,000 | $90,000 | $5,128 | 3.19% |
| Edwards, CO (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,073 | 2.38% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,738 | 3.13% |
| Pullman, WA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,883 | 2.63% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 2.56% |
| Marquette, MI (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $7,038 | 3.13% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $8,274 | 3.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 2.25% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 2.50% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,670 | 2.38% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 2.88% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $6,899 | 2.00% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,576 | 3.13% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,037 | 3.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,989 | 2.88% |
| MORGANTOWN, WV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $11,024 | 1.88% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 3.88% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,041 | 2.38% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,037 | 3.00% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,749 | 3.50% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 2.13% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,788 | 2.00% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,238 | 3.00% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,431 | 2.75% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,273 | 3.50% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 2.38% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,774 | 2.25% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,754 | 2.38% |
| Sonora, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,889 | 2.63% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 2.38% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,747 | 2.00% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,739 | 3.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 2.38% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,831 | 2.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against STANFORD Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,012 | $747,440,000 | $738,577 | $10,001 | 2.83% |
For 2021, Stanford Federal Credit Union's most frequently originated type of loan was Conventional, with 1,012 originations.
Loan Reason
For 2021, Stanford Federal Credit Union's most frequently cited loan purpose was Refi, with 427 originations. The 2nd most popular reason was Home Purchase, with 401 originations.
Loan Duration/Length
For 2021, Stanford Federal Credit Union's most frequently cited loan duration was 30 Year, with 696 originations. The 2nd most popular length was 15 Year, with 207 originations.
Origination Fees/Closing Costs
Stanford Federal Credit Union's average total fees were $11,247, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 862 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 476 | $357,930,000 | $751,954 |
| <2.5% | 276 | $170,360,000 | $617,246 |
| 3-4% | 253 | $217,195,000 | $858,478 |
| 4-5% | 7 | $1,955,000 | $279,286 |
During 2021, Stanford Federal Credit Union's average interest rate for loans was 2.90%, while their most frequently originated rate bucket for loans was 2.5-3%, with 476 originations.
Loan Sizing
2021 saw Stanford Federal Credit Union place emphasis on $1MM+ loans with 249 originations, totaling $373,795,000 in origination value.
Applicant Income
Stanford Federal Credit Union lent most frequently to those with incomes in the $250k+ range, with 434 originations. The second most popular income band? $150k-250k, with 331 originations.
Applicant Debt to Income Ratio
Stanford Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 280 originations. The next most common DTI ratio? 30-36%, with 212 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.39%
Stanford Federal Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination88.14%
Stanford Federal Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1797.09 | 1 | $155,000 | $155,000 |
| NA | 1,011 | $747,285,000 | $739,154 |