San Diego County Credit Union Mortgage Rates, Fees & Info

San Diego, CA

LEI: 549300E51HYVR7T2SU19

Tax ID: 95-1184903

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • 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

    San Diego County Credit Union is a smaller credit union specializing in Refi, 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, Riverside, Los Angeles, San Jose, and Sacramento among others. We have data for 17 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% 12/16/24
    30 Year Conventional Purchase 5.93% 12/16/24
    30 Year Conventional Refi 5.91% 12/16/24
    30 Year Cash-out Refi 5.87% 12/16/24
    15 Year Conventional Purchase 5.79% 12/16/24
    15 Year Conventional Refi 5.66% 12/16/24
    15 Year Cash-out Refi 5.66% 12/16/24
    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.

    San Diego County Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from San Diego County Credit Union. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    3,393

    Origination Dollar Volume (All Markets)

    $723,465,000
    Show all (7) awards

    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) 2,939 $629,715,000 $214,262 $2,160 3.82%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 303 $52,365,000 $172,822 $1,926 4.01%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 121 $31,925,000 $263,843 $1,948 3.59%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 7 $3,615,000 $516,429 $2,431 3.26%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $1,310,000 $655,000 $587 3.75%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $1,280,000 $320,000 $0 3.15%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $1,070,000 $535,000 $3,117 4.06%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $585,000 $195,000 $0 4.83%
    EL CENTRO, CA (FHA|USDA|VA) 2 $390,000 $195,000 $3,879 4.50%
    BAKERSFIELD, CA (FHA|USDA|VA) 3 $285,000 $95,000 $569 4.04%
    Red Bluff, CA (FHA|USDA|VA) 1 $255,000 $255,000 $3,349 4.63%
    Outside of Metro Areas 1 $215,000 $215,000 $4,297 4.50%
    MERCED, CA (FHA|USDA|VA) 1 $175,000 $175,000 $4,630 4.63%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.99%
    SALINAS, CA (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.25%
    VALLEJO, CA (FHA|USDA|VA) 1 $35,000 $35,000 $0 2.99%
    FRESNO, CA (FHA|USDA|VA) 1 $15,000 $15,000 $0 2.99%
    San Diego County Credit Union's top markets include San Diego, Riverside, Los Angeles, San Jose, and Sacramento 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.

    SANTA CLARA COUNTY
    Similarity Rank: 20
    MYPOINT Credit Union
    Similarity Rank: 55
    FRONTWAVE
    Similarity Rank: 176
    LBS FINANCIAL
    Similarity Rank: 210
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 216
    Cabrillo Credit Union
    Similarity Rank: 248
    LA Financial Federal Credit Union
    Similarity Rank: 321
    Water and Power Community Credit Union
    Similarity Rank: 500
    Christian Community Credit Union
    Similarity Rank: 515
    1ST NORTHERN CALIFORNIA
    Similarity Rank: 544

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,851 $578,815,000 $312,704 $2,128 4.30%
    HELOC 1,542 $144,650,000 $93,807 n/a 3.27%

    For 2018, San Diego County Credit Union's most frequently originated type of loan was Conventional, with 1,851 originations. Their 2nd most popular type was HELOC, with 1,542 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 1,065 $87,355,000 $82,023 $194 3.87%
    Refi 797 $174,725,000 $219,228 $1,666 3.78%
    Cash Out Refi 623 $219,325,000 $352,047 $3,056 3.81%
    Other 455 $36,925,000 $81,154 $214 3.89%
    Home Purchase 453 $205,135,000 $452,837 $2,984 3.79%

    For 2018, San Diego County Credit Union's most frequently cited loan purpose was Home Improvement, with 1,065 originations. The 2nd most popular reason was Refi, with 797 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 1,528 $157,230,000 $102,899 $5,710 3.25%
    30 Year 1,310 $508,080,000 $387,847 $2,591 3.81%
    15 Year 350 $41,660,000 $119,029 $970 5.53%
    10 Year 202 $15,610,000 $77,277 $349 5.39%
    Other 3 $885,000 $295,000 $0 4.17%

    For 2018, San Diego County Credit Union's most frequently cited loan duration was 20 Year, with 1,528 originations. The 2nd most popular length was 30 Year, with 1,310 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,408 $432,380,000 $307,088
    $1k-2k 141 $32,325,000 $229,255
    $5k+ 94 $43,470,000 $462,447
    $2k-3k 69 $22,985,000 $333,116
    $3k-4k 57 $18,415,000 $323,070
    $4k-5k 43 $16,675,000 $387,791

    San Diego County Credit Union's average total fees were $2,591, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,408 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,361 $431,485,000 $317,035
    2.5-3% 1,158 $124,630,000 $107,625
    4-5% 404 $134,230,000 $332,252
    5-6% 320 $24,860,000 $77,688
    6-7% 150 $8,260,000 $55,067

    During 2018, San Diego County Credit Union's average interest rate for loans was 3.81%, while their most frequently originated rate bucket for loans was 3-4%, with 1,361 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,369 $69,495,000 $50,763 $232 4.09%
    $200k-400k 785 $225,555,000 $287,331 $2,832 3.67%
    $100k-200k 645 $84,495,000 $131,000 $1,679 3.59%
    $400k-600k 391 $186,125,000 $476,023 $2,874 3.71%
    $600k-1MM 181 $131,285,000 $725,331 $3,145 3.69%
    $1MM+ 22 $26,510,000 $1,205,000 $3,519 3.68%

    2018 saw San Diego County Credit Union place emphasis on $100,000 or less loans with 1,369 originations, totaling $69,495,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,081 $214,655,000 $198,571 $2,121 3.88%
    $150k-250k 909 $230,105,000 $253,141 $2,199 3.77%
    $75k-100k 578 $95,810,000 $165,761 $2,045 3.91%
    $50k-75k 388 $53,360,000 $137,526 $2,044 3.82%
    $250k+ 262 $109,140,000 $416,565 $2,475 3.78%
    $50k or less 148 $13,810,000 $93,311 $1,861 3.66%

    San Diego County Credit Union lent most frequently to those with incomes in the $100k-150k range, with 1,081 originations. The second most popular income band? $150k-250k, with 909 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 702 $137,870,000 $196,396 $2,284 3.84%
    30-36% 652 $143,390,000 $219,923 $2,138 3.87%
    44% 214 $36,850,000 $172,196 $1,603 3.94%
    49% 209 $35,375,000 $169,258 $2,433 3.47%
    <20% 180 $39,930,000 $221,833 $2,645 3.78%
    42% 151 $36,675,000 $242,881 $1,928 4.05%
    43% 144 $31,710,000 $220,208 $2,426 3.93%
    39% 132 $33,400,000 $253,030 $2,155 3.88%
    40% 132 $27,610,000 $209,167 $1,258 3.86%
    38% 129 $29,605,000 $229,496 $2,124 3.88%
    41% 126 $30,900,000 $245,238 $2,096 3.75%
    36% 118 $23,170,000 $196,356 $1,888 3.87%
    45% 114 $27,370,000 $240,088 $1,956 3.91%
    48% 105 $21,325,000 $203,095 $2,119 3.85%
    37% 104 $26,620,000 $255,962 $2,070 3.78%
    47% 88 $16,800,000 $190,909 $1,777 3.54%
    46% 72 $18,850,000 $261,806 $2,254 3.84%
    50-60% 17 $3,255,000 $191,471 $1,585 3.46%
    >60% 1 $105,000 $105,000 $0 2.99%

    San Diego County Credit Union lent most frequently to those with DTI ratios of 20-30%, with 702 originations. The next most common DTI ratio? 30-36%, with 652 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,475 $485,715,000 $196,248 $2,160 3.84%
    Asian 484 $146,760,000 $303,223 $1,950 3.73%
    Not provided 286 $55,810,000 $195,140 $2,286 3.77%
    Black 53 $11,825,000 $223,113 $2,028 4.07%
    American Indian 38 $6,030,000 $158,684 $1,721 4.21%
    Native Hawaiian or Islander 26 $5,690,000 $218,846 $2,994 3.95%
    Asian Indian 8 $3,640,000 $455,000 $1,427 3.50%
    Chinese 5 $2,695,000 $539,000 $3,338 3.52%
    Not applicable 3 $2,655,000 $885,000 $0 4.67%
    Filipino 7 $1,425,000 $203,571 $2,239 4.91%
    Vietnamese 2 $540,000 $270,000 $1,386 4.00%
    Other Asian 4 $490,000 $122,500 $0 3.50%
    Guamanian 1 $145,000 $145,000 $0 2.99%
    Other Pacific Islander 1 $45,000 $45,000 $0 2.99%

    Approval Rates

    Total approvals of all applications
    77.75%

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

    Pick Rate

    Approvals leading to origination
    65.10%

    San Diego County Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,393 $723,465,000 $213,223

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $3,160,000 $790,000
    Single Family (1-4 Units):Manufactured 17 $2,975,000 $175,000
    Single Family (1-4 Units):Site-Built 3,372 $717,330,000 $212,731

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 462 $94,970,000 $205,563 $2,013 3.48%
    40-60% 359 $127,665,000 $355,613 $2,737 3.80%
    60-80% 573 $256,665,000 $447,932 $3,039 3.73%
    80-100% 240 $117,600,000 $490,000 $3,159 3.87%
    Under 20% 1,758 $126,060,000 $71,706 $254 3.96%