San Diego County Credit Union Mortgage Rates, Fees & Info

San Diego, CA

LEI: 549300E51HYVR7T2SU19

Tax ID: 95-1184903

5 stars - out of 5 stars, based on 62 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    San Diego County Credit Union is a small credit union specializing in Cash Out Refi and Home Purchase loans. San Diego County Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: San Diego, Los Angeles, Riverside, San Francisco, and Stockton among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)

    San Diego County 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. San Diego County Credit Union is typically a low 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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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.94% 3/27/23
    30 Year Conventional Purchase 5.93% 3/27/23
    30 Year Conventional Refi 5.91% 3/27/23
    30 Year Cash-out Refi 5.87% 3/27/23
    15 Year Conventional Purchase 5.79% 3/27/23
    15 Year Conventional Refi 5.66% 3/27/23
    15 Year Cash-out Refi 5.66% 3/27/23
    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.


    Originations

    3,804

    Origination Dollar Volume (All Markets)

    $1,512,910,000
    Show all (5) awards

    Relative Rate

    San Diego County Credit Union's average 30 year fixed mortgage rate was 3.95%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of -0.81%.

    Relative Fees (Closing Costs)

    San Diego County Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $4,229.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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 DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2,938 $1,081,680,000 $368,169 $3,265 4.19%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 238 $139,540,000 $586,303 $5,016 3.88%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 427 $132,105,000 $309,379 $2,919 4.03%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 50 $56,400,000 $1,128,000 $5,240 3.12%
    STOCKTON, CA (FHA|USDA|VA) 35 $25,815,000 $737,571 $6,206 2.85%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 40 $25,150,000 $628,750 $3,773 3.08%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 18 $24,800,000 $1,377,778 $5,368 2.90%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 7 $7,325,000 $1,046,429 $8,176 3.36%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 7 $4,505,000 $643,571 $3,139 2.91%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $3,275,000 $655,000 $4,451 4.53%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $2,685,000 $537,000 $3,945 2.85%
    FRESNO, CA (FHA|USDA|VA) 4 $1,720,000 $430,000 $2,640 4.63%
    BAKERSFIELD, CA (FHA|USDA|VA) 7 $1,325,000 $189,286 $2,597 3.30%
    VALLEJO, CA (FHA|USDA|VA) 3 $1,235,000 $411,667 $2,201 3.92%
    Outside of Metro Areas 4 $990,000 $247,500 $888 4.56%
    VISALIA, CA (FHA|USDA|VA) 3 $665,000 $221,667 $5,033 2.75%
    EL CENTRO, CA (FHA|USDA|VA) 2 $530,000 $265,000 $4,745 3.56%
    CHICO, CA (FHA|USDA|VA) 2 $500,000 $250,000 $1,718 3.94%
    MERCED, CA (FHA|USDA|VA) 1 $485,000 $485,000 $0 3.38%
    Susanville, CA (FHA|USDA|VA) 1 $435,000 $435,000 $3,303 2.75%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $415,000 $415,000 $1,561 4.88%
    Red Bluff, CA (FHA|USDA|VA) 2 $380,000 $190,000 $1,829 5.56%
    REDDING, CA (FHA|USDA|VA) 1 $345,000 $345,000 $2,693 2.25%
    Sonora, CA (FHA|USDA|VA) 1 $305,000 $305,000 $3,178 2.75%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $245,000 $245,000 $6,188 3.50%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.25%
    San Diego County Credit Union's top markets include San Diego, Los Angeles, Riverside, San Francisco, and Stockton among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Similar Lenders

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

    Credence Funding Corporation
    Similarity Rank: 316
    Chaffey Federal Credit Union
    Similarity Rank: 644
    MYPOINT Credit Union
    Similarity Rank: 770
    Christian Community Credit Union
    Similarity Rank: 1062
    1ST NORTHERN CALIFORNIA
    Similarity Rank: 1067
    Los Angeles Federal Credit Union
    Similarity Rank: 1120
    SAFEAMERICA CREDIT UNION
    Similarity Rank: 1158
    First City Credit Union
    Similarity Rank: 1300
    POPA FEDERAL CREDIT UNION
    Similarity Rank: 1380

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,833 $1,393,165,000 $491,763 $3,431 3.54%
    HELOC 971 $119,745,000 $123,321 n/a 5.72%

    For 2022, San Diego County Credit Union's most frequently originated type of loan was Conventional, with 2,833 originations. Their 2nd most popular type was HELOC, with 971 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 1,132 $612,610,000 $541,175 $3,837 2.96%
    Home Improvement 1,084 $121,260,000 $111,863 $311 5.77%
    Home Purchase 670 $486,280,000 $725,791 $5,376 3.31%
    Refi 659 $264,185,000 $400,888 $3,231 3.43%
    Other 259 $28,575,000 $110,328 $365 5.85%

    For 2022, San Diego County Credit Union's most frequently cited loan purpose was Cash Out Refi, with 1,132 originations. The 2nd most popular reason was Home Improvement, with 1,084 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,922 $1,330,940,000 $455,489 $4,229 3.95%
    15 Year 577 $119,125,000 $206,456 $1,631 4.64%
    10 Year 219 $29,865,000 $136,370 $741 5.08%
    20 Year 86 $32,980,000 $383,488 $3,964 3.17%

    For 2022, San Diego County Credit Union's most frequently cited loan duration was 30 Year, with 2,922 originations. The 2nd most popular length was 15 Year, with 577 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,294 $1,065,090,000 $464,294
    $5k+ 225 $168,935,000 $750,822
    $2k-3k 73 $46,415,000 $635,822
    $3k-4k 54 $24,080,000 $445,926
    $4k-5k 54 $28,100,000 $520,370
    $1k-2k 52 $25,860,000 $497,308

    San Diego County Credit Union's average total fees were $4,229, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,294 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 922 $543,440,000 $589,414
    <2.5% 667 $365,075,000 $547,339
    3-4% 587 $356,125,000 $606,687
    4-5% 574 $127,050,000 $221,341
    6-7% 419 $41,005,000 $97,864
    5-6% 403 $53,485,000 $132,717
    7-8% 195 $22,495,000 $115,359
    Over 8% 37 $4,235,000 $114,459

    During 2022, San Diego County Credit Union's average interest rate for loans was 3.95%, while their most frequently originated rate bucket for loans was 2.5-3%, with 922 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 832 $236,460,000 $284,207 $2,996 3.65%
    $100,000 or less 756 $42,340,000 $56,005 $264 5.89%
    $100k-200k 732 $94,520,000 $129,126 $1,511 4.95%
    $600k-1MM 636 $484,830,000 $762,311 $5,193 3.02%
    $400k-600k 595 $295,865,000 $497,252 $3,770 3.06%
    $1MM+ 253 $358,895,000 $1,418,557 $6,561 2.92%

    2022 saw San Diego County Credit Union place emphasis on $200k-400k loans with 832 originations, totaling $236,460,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,216 $524,010,000 $430,929 $3,669 4.10%
    $100k-150k 1,042 $304,310,000 $292,044 $2,942 4.27%
    $250k+ 636 $487,540,000 $766,572 $4,963 3.89%
    $75k-100k 454 $103,630,000 $228,260 $2,725 4.27%
    $50k-75k 308 $61,860,000 $200,844 $2,427 3.90%
    $50k or less 139 $22,765,000 $163,777 $2,623 3.72%

    San Diego County Credit Union lent most frequently to those with incomes in the $150k-250k range, with 1,216 originations. The second most popular income band? $100k-150k, with 1,042 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 768 $298,430,000 $388,581 $3,321 3.85%
    30-36% 701 $299,615,000 $427,411 $3,646 4.09%
    44% 229 $114,085,000 $498,188 $3,818 4.12%
    47% 226 $50,660,000 $224,159 $1,853 5.05%
    <20% 220 $66,080,000 $300,364 $3,029 3.46%
    40% 177 $82,095,000 $463,814 $4,096 4.22%
    43% 177 $76,295,000 $431,045 $3,420 4.34%
    42% 156 $73,850,000 $473,397 $3,208 4.15%
    45% 152 $45,070,000 $296,513 $2,444 4.63%
    46% 148 $41,470,000 $280,203 $2,459 4.81%
    41% 143 $70,675,000 $494,231 $4,656 3.98%
    39% 138 $58,780,000 $425,942 $3,461 3.93%
    38% 135 $60,845,000 $450,704 $3,744 4.04%
    36% 130 $58,790,000 $452,231 $4,238 3.84%
    37% 120 $47,920,000 $399,333 $3,934 3.97%
    48% 94 $33,210,000 $353,298 $2,845 4.22%
    49% 81 $26,445,000 $326,481 $3,586 3.53%
    50-60% 4 $990,000 $247,500 $0 4.09%
    >60% 1 $265,000 $265,000 $2,644 2.75%

    San Diego County Credit Union lent most frequently to those with DTI ratios of 20-30%, with 768 originations. The next most common DTI ratio? 30-36%, with 701 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,219 $720,255,000 $324,585 $2,996 4.32%
    Not provided 772 $406,900,000 $527,073 $4,598 3.59%
    Asian 615 $318,685,000 $518,187 $3,429 3.83%
    Black 84 $23,710,000 $282,262 $2,623 4.40%
    Asian Indian 20 $12,870,000 $643,500 $3,203 3.81%
    American Indian 45 $12,595,000 $279,889 $2,114 4.16%
    Not applicable 4 $7,340,000 $1,835,000 $0 3.84%
    Native Hawaiian or Islander 19 $4,815,000 $253,421 $3,942 4.71%
    Other Asian 6 $1,800,000 $300,000 $581 5.44%
    Filipino 11 $1,505,000 $136,818 $1,887 5.32%
    Chinese 5 $1,025,000 $205,000 $674 4.95%
    Guamanian 1 $825,000 $825,000 $19,733 3.13%
    Vietnamese 1 $405,000 $405,000 $0 7.25%
    Japanese 1 $105,000 $105,000 $0 8.00%
    Other Pacific Islander 1 $75,000 $75,000 $0 6.50%

    Approval Rates

    Total approvals of all applications
    80.39%

    San Diego County Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    75.42%

    San Diego County Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,804 $1,512,910,000 $397,716

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,804 $1,512,910,000 $397,716

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 588 $199,550,000 $339,371 $3,135 3.28%
    40-60% 616 $335,890,000 $545,276 $3,993 2.94%
    60-80% 733 $558,375,000 $761,767 $4,646 3.03%
    80-100% 325 $248,345,000 $764,138 $5,572 3.20%
    Under 20% 1,542 $170,750,000 $110,733 $689 5.58%