Northwest Community Mortgage Rates, Fees & Info

Eugene, OR

LEI: 549300CTZWA68906Q837

Tax ID: 93-0389726

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Northwest Community is a smaller mortgage company specializing in Home Improvement and Home Purchase loans. Northwest Community has a high proportion of conventional loans. Their top markets by origination volume include: Eugene, Portland, Roseburg, Coos Bay, and Salem among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Northwest Community 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. Northwest Community is typically an average 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    804

    Origination Dollar Volume (All Markets)

    $117,850,000

    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
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 282 $37,290,000 $132,234 $7,816 4.73%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 90 $15,540,000 $172,667 $11,533 4.75%
    Roseburg, OR (FHA|USDA|VA) 99 $11,295,000 $114,091 $7,034 4.69%
    Coos Bay, OR (FHA|USDA|VA) 70 $9,340,000 $133,429 $7,702 4.54%
    SALEM, OR (FHA|USDA|VA) 24 $9,220,000 $384,167 $6,834 4.97%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 56 $8,650,000 $154,464 $7,682 4.78%
    MEDFORD, OR (FHA|USDA|VA) 68 $8,250,000 $121,324 $6,827 4.63%
    BEND, OR (FHA|USDA|VA) 49 $7,245,000 $147,857 $10,658 4.49%
    GRANTS PASS, OR (FHA|USDA|VA) 34 $5,680,000 $167,059 $9,790 4.29%
    CORVALLIS, OR (FHA|USDA|VA) 10 $2,010,000 $201,000 $6,944 4.43%
    Outside of Metro Areas 6 $910,000 $151,667 $5,818 4.77%
    Prineville, OR (FHA|USDA|VA) 4 $440,000 $110,000 $0 4.63%
    Klamath Falls, OR (FHA|USDA|VA) 3 $435,000 $145,000 $7,695 6.04%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $355,000 $118,333 $0 4.50%
    Brookings, OR (FHA|USDA|VA) 1 $335,000 $335,000 $7,221 3.88%
    LONGVIEW, WA (FHA|USDA|VA) 1 $325,000 $325,000 $6,734 5.63%
    Shelton, WA (FHA|USDA|VA) 2 $260,000 $130,000 $5,788 5.44%
    YAKIMA, WA (FHA|USDA|VA) 1 $245,000 $245,000 $11,114 6.50%
    Newport, OR (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.99%
    Northwest Community's top markets include Eugene, Portland, Roseburg, Coos Bay, and Salem among others.

    Their top states include:
  • Oregon (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against NORTHWEST COMMUNITY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    People's Community Federal Credit Union
    Similarity Rank: 10
    MARION AND POLK SCHOOLS CREDIT UNION
    Similarity Rank: 528
    Yakima Federal Savings and Loan Association
    Similarity Rank: 700
    OREGONIANS CREDIT UNION
    Similarity Rank: 880
    Wauna Federal Credit Union
    Similarity Rank: 1155
    Pacific NW Federal Credit Union
    Similarity Rank: 1781
    iQ Credit Union
    Similarity Rank: 1820
    INROADS
    Similarity Rank: 1946
    FIRST COMMUNITY
    Similarity Rank: 2070
    Clackamas Federal Credit Union
    Similarity Rank: 2167

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 605 $52,105,000 $86,124 n/a 4.69%
    Conventional 192 $63,140,000 $328,854 $8,002 4.70%
    VA 7 $2,605,000 $372,143 $11,925 3.93%

    For 2022, Northwest Community's most frequently originated type of loan was HELOC, with 605 originations. Their 2nd most popular type was Conventional, with 192 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 369 $31,435,000 $85,190 $4,440 4.60%
    Other 192 $15,880,000 $82,708 $0 4.94%
    Home Purchase 112 $43,120,000 $385,000 $8,395 5.05%
    Cash Out Refi 76 $18,900,000 $248,684 $8,127 4.21%
    Refi 55 $8,515,000 $154,818 $5,919 4.27%

    For 2022, Northwest Community's most frequently cited loan purpose was Home Improvement, with 369 originations. The 2nd most popular reason was Other, with 192 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 509 $80,245,000 $157,652 $8,302 4.49%
    20 Year 156 $14,930,000 $95,705 $7,021 5.48%
    10 Year 81 $13,865,000 $171,173 $4,542 4.86%
    15 Year 55 $8,165,000 $148,455 $8,031 4.02%
    Other 3 $645,000 $215,000 $7,770 3.95%

    For 2022, Northwest Community's most frequently cited loan duration was 30 Year, with 509 originations. The 2nd most popular length was 20 Year, with 156 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 70 $25,320,000 $361,714
    $3k-4k 53 $14,315,000 $270,094
    $2k-3k 29 $5,565,000 $191,897
    $4k-5k 28 $8,360,000 $298,571
    $1k-2k 5 $505,000 $101,000
    $<1k 2 $950,000 $475,000

    Northwest Community's average total fees were $8,302, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 70 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 301 $42,675,000 $141,777
    4-5% 249 $35,605,000 $142,992
    5-6% 146 $21,120,000 $144,658
    6-7% 70 $10,690,000 $152,714
    7-8% 20 $3,880,000 $194,000
    2.5-3% 12 $2,810,000 $234,167
    Over 8% 3 $165,000 $55,000
    <2.5% 3 $905,000 $301,667

    During 2022, Northwest Community's average interest rate for loans was 4.49%, while their most frequently originated rate bucket for loans was 3-4%, with 301 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 429 $23,165,000 $53,998 $4,246 4.77%
    $100k-200k 169 $22,765,000 $134,704 $5,926 4.57%
    $200k-400k 165 $46,035,000 $279,000 $8,318 4.55%
    $400k-600k 31 $14,565,000 $469,839 $9,937 4.81%
    $600k-1MM 8 $5,560,000 $695,000 $18,082 4.91%
    $1MM+ 2 $5,760,000 $2,880,000 $0 4.50%

    2022 saw Northwest Community place emphasis on $100,000 or less loans with 429 originations, totaling $23,165,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 202 $31,370,000 $155,297 $8,535 4.74%
    $75k-100k 170 $21,370,000 $125,706 $9,038 4.75%
    $50k-75k 169 $18,845,000 $111,509 $7,008 4.85%
    $150k-250k 125 $21,355,000 $170,840 $10,601 4.59%
    $50k or less 97 $8,105,000 $83,557 $5,407 4.41%
    $250k+ 28 $5,720,000 $204,286 $12,242 4.29%

    Northwest Community lent most frequently to those with incomes in the $100k-150k range, with 202 originations. The second most popular income band? $75k-100k, with 170 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 183 $24,935,000 $136,257 $7,975 4.78%
    20-30% 165 $20,415,000 $123,727 $8,241 4.48%
    <20% 62 $7,780,000 $125,484 $8,177 4.16%
    43% 58 $6,530,000 $112,586 $8,755 4.96%
    42% 57 $7,345,000 $128,860 $8,882 4.94%
    37% 39 $5,715,000 $146,538 $8,415 4.90%
    40% 38 $5,290,000 $139,211 $6,896 4.61%
    41% 34 $4,940,000 $145,294 $6,723 4.90%
    39% 31 $3,965,000 $127,903 $9,004 5.07%
    38% 30 $4,050,000 $135,000 $6,153 4.96%
    36% 27 $3,645,000 $135,000 $7,227 4.75%
    44% 17 $1,545,000 $90,882 $6,879 4.36%
    45% 15 $1,655,000 $110,333 $6,797 4.77%
    46% 13 $3,785,000 $291,154 $9,688 4.02%
    50-60% 8 $2,490,000 $311,250 $11,155 4.19%
    47% 7 $1,205,000 $172,143 $6,267 4.75%
    49% 5 $965,000 $193,000 $7,980 5.23%
    48% 3 $865,000 $288,333 $9,674 4.46%

    Northwest Community lent most frequently to those with DTI ratios of 30-36%, with 183 originations. The next most common DTI ratio? 20-30%, with 165 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 595 $80,375,000 $135,084 $8,130 4.70%
    Not provided 155 $22,015,000 $142,032 $8,268 4.54%
    Not applicable 12 $10,730,000 $894,167 $0 4.50%
    Asian 14 $1,670,000 $119,286 $8,758 5.15%
    American Indian 16 $1,550,000 $96,875 $7,350 5.02%
    Black 7 $815,000 $116,429 $5,718 4.91%
    Native Hawaiian or Islander 3 $375,000 $125,000 $11,114 4.83%
    Korean 1 $265,000 $265,000 $7,722 5.88%
    Guamanian 1 $55,000 $55,000 $0 6.49%

    Approval Rates

    Total approvals of all applications
    76.84%

    Northwest Community has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    74.25%

    Northwest Community has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 804 $117,850,000 $146,580

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    804 $117,850,000 $146,580

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 173 $24,785,000 $143,266 $6,289 4.52%
    40-60% 59 $12,595,000 $213,475 $8,169 3.99%
    60-80% 66 $27,020,000 $409,394 $8,848 4.46%
    80-100% 84 $28,550,000 $339,881 $8,262 5.16%
    Under 20% 421 $24,295,000 $57,708 $4,260 4.79%