San Francisco Fire Credit Union Mortgage Rates, Fees & Info
SAN FRANCISCO, CA
LEI: 549300CLB0CCSJV6S044
Tax ID: 94-1209440
Overview
San Francisco Fire Credit Union is a
smaller
credit union
specializing in
Cash Out Refi
loans.
San Francisco Fire Credit Union has a high proportion of conventional loans.
Their top markets include San Francisco, Santa Rosa, Sacramento, Vallejo, and San Jose among others. San Francisco Fire Credit Union has
an above average
approval rate for mortages when compared nationally.
They have
a below average
pick rate when compared to the same sample of other lendors.
Originations
1,146
Origination Dollar Volume (All Markets)
$405,220,000
Top Markets
| Market |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
|
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA)
|
862
|
$321,400,000 |
$372,854 |
$0 |
3.38% |
|
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA)
|
81
|
$26,425,000 |
$326,235 |
$0 |
3.50% |
|
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA)
|
51
|
$13,465,000 |
$264,020 |
$0 |
3.43% |
|
VALLEJO, CA (FHA|USDA|VA)
|
22
|
$6,790,000 |
$308,636 |
$0 |
3.34% |
|
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA)
|
19
|
$6,665,000 |
$350,789 |
$0 |
3.49% |
|
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)
|
12
|
$5,060,000 |
$421,667 |
$0 |
3.38% |
|
NAPA, CA (FHA|USDA|VA)
|
7
|
$3,655,000 |
$522,143 |
$0 |
3.00% |
|
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)
|
16
|
$3,440,000 |
$215,000 |
$0 |
3.50% |
|
STOCKTON, CA (FHA|USDA|VA)
|
14
|
$3,290,000 |
$235,000 |
$0 |
3.48% |
|
SALINAS, CA (FHA|USDA|VA)
|
6
|
$2,980,000 |
$496,667 |
$0 |
4.00% |
|
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)
|
10
|
$1,840,000 |
$184,000 |
$0 |
3.24% |
|
Truckee-Grass Valley, CA (FHA|USDA|VA)
|
11
|
$1,785,000 |
$162,273 |
$0 |
3.65% |
|
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA)
|
7
|
$1,745,000 |
$249,286 |
$0 |
3.16% |
|
Outside of Metro Areas
|
5 |
$905,000 |
$181,000 |
$0 |
3.58% |
|
Sonora, CA (FHA|USDA|VA)
|
2
|
$830,000 |
$415,000 |
$0 |
3.00% |
|
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA)
|
3
|
$695,000 |
$231,667 |
$0 |
3.75% |
|
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA)
|
2
|
$660,000 |
$330,000 |
$0 |
3.75% |
|
YUBA CITY, CA (FHA|USDA|VA)
|
2
|
$620,000 |
$310,000 |
$0 |
3.25% |
|
REDDING, CA (FHA|USDA|VA)
|
1
|
$515,000 |
$515,000 |
$0 |
0.00% |
|
Crescent City, CA (FHA|USDA|VA)
|
1
|
$405,000 |
$405,000 |
$0 |
0.00% |
|
FRESNO, CA (FHA|USDA|VA)
|
4
|
$370,000 |
$92,500 |
$0 |
4.13% |
|
Ukiah, CA (FHA|USDA|VA)
|
1
|
$365,000 |
$365,000 |
$0 |
0.00% |
|
Eureka-Arcata, CA (FHA|USDA|VA)
|
1
|
$345,000 |
$345,000 |
$0 |
0.00% |
|
MERCED, CA (FHA|USDA|VA)
|
1
|
$315,000 |
$315,000 |
$0 |
0.00% |
|
Red Bluff, CA (FHA|USDA|VA)
|
1
|
$185,000 |
$185,000 |
$0 |
3.25% |
|
VISALIA, CA (FHA|USDA|VA)
|
1
|
$155,000 |
$155,000 |
$0 |
0.00% |
|
Clearlake, CA (FHA|USDA|VA)
|
1
|
$145,000 |
$145,000 |
$0 |
0.00% |
|
MODESTO, CA (FHA|USDA|VA)
|
1
|
$105,000 |
$105,000 |
$0 |
0.00% |
|
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA)
|
1
|
$65,000 |
$65,000 |
$0 |
4.25% |
San Francisco Fire Credit Union's top markets include San Francisco, Santa Rosa, Sacramento, Vallejo, and San Jose among others.
Product Mix
| Loan Type |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Conventional |
1,146 |
$405,220,000 |
$353,595 |
$0 |
3.40% |
For the 2021 period, San Francisco Fire Credit Union's most frequently
originated loan type
of loans were Conventional, with 1,146 originations.
Loan Reason
| Loan Reason |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Cash Out Refi |
906 |
$263,640,000 |
$290,993 |
$0 |
3.40% |
| Refi |
152 |
$73,330,000 |
$482,434 |
$0 |
0.00% |
| Home Purchase |
79 |
$63,875,000 |
$808,544 |
$0 |
3.81% |
| Other |
6 |
$2,750,000 |
$458,333 |
$0 |
0.00% |
| Home Improvement |
3 |
$1,625,000 |
$541,667 |
$0 |
3.25% |
For the 2021, San Francisco Fire Credit Union's most frequently cited loan
purpose
of loans were Cash Out Refi, with 906
originations.
The 2nd most popular reason of loans were Refi,
with 152 originations.
Loan Duration/Length
| Loan Length |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Other |
1,146 |
$405,220,000 |
$353,595 |
$0 |
3.40% |
For the 2021, San Francisco Fire Credit Union's most frequently cited loan
length
of loans were Other, with 1,146 originations.
Interest Rates
| Loan Rate |
Originations |
Total Value |
Average Loan |
| 3-4% |
496 |
$94,080,000 |
$189,677 |
| 4-5% |
106 |
$15,210,000 |
$143,491 |
| 2.5-3% |
104 |
$15,540,000 |
$149,423 |
During 2021, San Francisco Fire Credit Union's average interest
rate of loans were 0.00%, while their
most frequently originated rate bucket of loans were 3-4%,
with 496 originations.
Loan Sizing
| Loan Size |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| $200k-400k |
431 |
$111,105,000 |
$257,784 |
$0 |
3.34% |
| $100k-200k |
238 |
$33,230,000 |
$139,622 |
$0 |
3.40% |
| $100,000 or less |
162 |
$10,270,000 |
$63,395 |
$0 |
3.48% |
| $400k-600k |
131 |
$64,105,000 |
$489,351 |
$0 |
3.72% |
| $600k-1MM |
101 |
$80,035,000 |
$792,426 |
$0 |
0.00% |
| $1MM+ |
83 |
$106,475,000 |
$1,282,831 |
$0 |
0.00% |
2021 saw San Francisco Fire Credit Union place emphasis on
$200k-400k loans
with 431 originations, totaling
$111,105,000 in origination value.
Applicant Income
| Applicant Income |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| $150k-250k |
425 |
$154,265,000 |
$362,976 |
$0 |
3.40% |
| $250k+ |
340 |
$155,740,000 |
$458,059 |
$0 |
3.45% |
| $100k-150k |
236 |
$60,230,000 |
$255,212 |
$0 |
3.33% |
| $75k-100k |
85 |
$18,505,000 |
$217,706 |
$0 |
3.34% |
| $50k-75k |
38 |
$7,040,000 |
$185,263 |
$0 |
3.36% |
| $50k or less |
17 |
$3,755,000 |
$220,882 |
$0 |
3.50% |
San Francisco Fire Credit Union lent most frequently to those with incomes in the
$150k-250k range, with
425 originations.
The second most popular income band? $250k+,
with 340 originations.
Applicant Debt to Income Ratio
| DTI Ratio |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| Exempt% |
440 |
$280,390,000 |
$637,250 |
$0 |
0.00% |
| 30-36% |
107 |
$18,265,000 |
$170,701 |
$0 |
3.34% |
| 20-30% |
106 |
$18,230,000 |
$171,981 |
$0 |
3.44% |
| 49% |
61 |
$10,285,000 |
$168,607 |
$0 |
3.48% |
| 44% |
38 |
$6,790,000 |
$178,684 |
$0 |
3.33% |
| 46% |
37 |
$6,685,000 |
$180,676 |
$0 |
3.43% |
| 50-60% |
35 |
$6,045,000 |
$172,714 |
$0 |
3.33% |
| 48% |
33 |
$5,985,000 |
$181,364 |
$0 |
3.35% |
| 42% |
31 |
$5,555,000 |
$179,194 |
$0 |
3.39% |
| 47% |
30 |
$4,950,000 |
$165,000 |
$0 |
3.43% |
| 43% |
29 |
$5,895,000 |
$203,276 |
$0 |
3.38% |
| 45% |
27 |
$5,625,000 |
$208,333 |
$0 |
3.43% |
| 41% |
27 |
$4,835,000 |
$179,074 |
$0 |
3.32% |
| 39% |
26 |
$4,890,000 |
$188,077 |
$0 |
3.53% |
| 36% |
25 |
$4,025,000 |
$161,000 |
$0 |
3.50% |
| 38% |
24 |
$3,920,000 |
$163,333 |
$0 |
3.25% |
| 40% |
22 |
$4,400,000 |
$200,000 |
$0 |
3.48% |
| 37% |
22 |
$3,620,000 |
$164,545 |
$0 |
3.35% |
| <20% |
19 |
$3,685,000 |
$193,947 |
$0 |
3.43% |
| >60% |
5 |
$755,000 |
$151,000 |
$0 |
3.35% |
San Francisco Fire Credit Union lent most frequently to those with DTI ratios
of Exempt%, with
440 originations.
The next most common DTI ratio? 30-36%,
with 107 originations.
Ethnicity Mix
| Applicant Ethnicity |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| White |
683 |
$228,735,000 |
$334,898 |
$0 |
3.40% |
| Not provided |
253 |
$91,965,000 |
$363,498 |
$0 |
3.36% |
| Asian |
88 |
$38,830,000 |
$441,250 |
$0 |
3.43% |
| Black |
35 |
$9,635,000 |
$275,286 |
$0 |
3.47% |
| Not applicable |
6 |
$9,230,000 |
$1,538,333 |
$0 |
0.00% |
| American Indian |
15 |
$7,485,000 |
$499,000 |
$0 |
3.39% |
| Chinese |
16 |
$5,390,000 |
$336,875 |
$0 |
3.34% |
| Asian Indian |
18 |
$5,080,000 |
$282,222 |
$0 |
3.55% |
| Filipino |
7 |
$3,075,000 |
$439,286 |
$0 |
3.40% |
| Other Asian |
9 |
$2,515,000 |
$279,444 |
$0 |
3.54% |
| Japanese |
3 |
$835,000 |
$278,333 |
$0 |
3.00% |
| Vietnamese |
5 |
$705,000 |
$141,000 |
$0 |
3.58% |
| Native Hawaiian |
3 |
$625,000 |
$208,333 |
$0 |
3.13% |
| Korean |
3 |
$475,000 |
$158,333 |
$0 |
3.50% |
| Guamanian |
1 |
$435,000 |
$435,000 |
$0 |
0.00% |
| Samoan |
1 |
$205,000 |
$205,000 |
$0 |
3.00% |
Approval Rates
Total approvals of all applications
90.24%
San Francisco Fire Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination
71.38%
San Francisco Fire Credit Union has a below average pick rate.
Points and Fees
| Points |
Originations |
Total Value |
Average Loan |
| Exempt |
440 |
$280,390,000 |
$637,250 |
| NA |
706 |
$124,830,000 |
$176,813 |
Occupancy Type Mix
| Dwelling Type |
Originations |
Total Value |
Average Loan |
|
1,146 |
$405,220,000 |
$353,595 |
LTV Distribution
| Loan to Value |
Originations |
Total Value |
Average Loan |
Average Fees |
Average Rate |
| 20-40% |
106 |
$26,030,000 |
$245,566 |
$0 |
3.45% |
| 40-60% |
6 |
$1,750,000 |
$291,667 |
$0 |
3.40% |
| 60-80% |
1 |
$255,000 |
$255,000 |
$0 |
3.25% |
| Under 20% |
593 |
$96,795,000 |
$163,229 |
$0 |
3.39% |
Complaints
| Bank Name |
Product |
Issue |
2021 CPFB Complaints |
% of Total Issues |
| SEMPER HOME LOANS, INC |
Conventional home mortgage |
Applying for a mortgage or refinancing an existing mortgage |
1 |
33.3% |
| SEMPER HOME LOANS, INC |
Conventional home mortgage |
Closing on a mortgage |
2 |
66.7% |
