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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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 small credit union specializing in Refi and Cash Out Refi 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 San Francisco among others. We have data for 15 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 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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    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

    4,537

    Origination Dollar Volume (All Markets)

    $1,685,125,000
    Show all (5) 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) 3,776 $1,364,150,000 $361,269 $4,308 3.07%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 482 $138,650,000 $287,656 $3,886 3.04%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 202 $127,100,000 $629,208 $6,328 2.89%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 17 $18,145,000 $1,067,353 $9,100 2.53%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 24 $18,040,000 $751,667 $4,809 2.94%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 7 $4,605,000 $657,857 $3,472 2.98%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 5 $4,405,000 $881,000 $7,556 2.85%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 6 $4,250,000 $708,333 $7,796 3.04%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 4 $1,600,000 $400,000 $6,750 3.50%
    FRESNO, CA (FHA|USDA|VA) 4 $1,190,000 $297,500 $7,312 2.88%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $6,856 2.88%
    STOCKTON, CA (FHA|USDA|VA) 2 $1,000,000 $500,000 $2,576 2.69%
    EL CENTRO, CA (FHA|USDA|VA) 5 $725,000 $145,000 $1,328 3.85%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $145,000 $145,000 $2,842 3.00%
    CHICO, CA (FHA|USDA|VA) 1 $115,000 $115,000 $2,644 2.88%
    San Diego County Credit Union's top markets include San Diego, Riverside, Los Angeles, San Jose, and San Francisco 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.

    Christian Community Credit Union
    Similarity Rank: 354
    Credence Funding Corporation
    Similarity Rank: 404
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 624
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 825
    MYPOINT Credit Union
    Similarity Rank: 924
    Chaffey Federal Credit Union
    Similarity Rank: 966
    HERITAGE COMMUNITY CREDIT UNION
    Similarity Rank: 1134
    1ST NORTHERN CALIFORNIA
    Similarity Rank: 1164
    LA Financial Federal Credit Union
    Similarity Rank: 1374
    POPA FEDERAL CREDIT UNION
    Similarity Rank: 1380

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,787 $1,598,885,000 $422,204 $4,388 2.79%
    HELOC 750 $86,240,000 $114,987 n/a 4.42%

    For 2021, San Diego County Credit Union's most frequently originated type of loan was Conventional, with 3,787 originations. Their 2nd most popular type was HELOC, with 750 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 1,723 $691,075,000 $401,088 $3,880 2.75%
    Cash Out Refi 1,702 $754,350,000 $443,214 $5,008 2.72%
    Home Improvement 703 $78,945,000 $112,297 $992 4.41%
    Home Purchase 250 $137,980,000 $551,920 $6,331 2.95%
    Other 159 $22,775,000 $143,239 $1,393 4.26%

    For 2021, San Diego County Credit Union's most frequently cited loan purpose was Refi, with 1,723 originations. The 2nd most popular reason was Cash Out Refi, with 1,702 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,428 $1,352,080,000 $394,422 $4,829 3.16%
    15 Year 767 $232,455,000 $303,070 $3,433 2.65%
    20 Year 180 $64,540,000 $358,556 $4,165 2.83%
    10 Year 162 $36,050,000 $222,531 $1,865 3.12%

    For 2021, San Diego County Credit Union's most frequently cited loan duration was 30 Year, with 3,428 originations. The 2nd most popular length was 15 Year, with 767 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,027 $811,105,000 $400,150
    $1k-2k 542 $158,650,000 $292,712
    $5k+ 503 $300,835,000 $598,082
    $2k-3k 301 $135,125,000 $448,920
    $4k-5k 138 $67,210,000 $487,029
    $3k-4k 130 $64,340,000 $494,923

    San Diego County Credit Union's average total fees were $4,829, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,027 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 2,276 $1,047,580,000 $460,272
    <2.5% 1,173 $449,485,000 $383,193
    4-5% 745 $85,495,000 $114,758
    3-4% 222 $94,850,000 $427,252
    5-6% 121 $7,715,000 $63,760

    During 2021, San Diego County Credit Union's average interest rate for loans was 3.16%, while their most frequently originated rate bucket for loans was 2.5-3%, with 2,276 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,588 $459,560,000 $289,395 $3,702 2.85%
    $100k-200k 880 $124,520,000 $141,500 $2,695 3.28%
    $400k-600k 796 $383,680,000 $482,010 $5,268 2.76%
    $100,000 or less 540 $31,990,000 $59,241 $1,214 4.26%
    $600k-1MM 540 $420,880,000 $779,407 $6,496 2.70%
    $1MM+ 193 $264,495,000 $1,370,440 $8,561 2.67%

    2021 saw San Diego County Credit Union place emphasis on $200k-400k loans with 1,588 originations, totaling $459,560,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,196 $509,500,000 $426,003 $4,881 3.13%
    $100k-150k 1,177 $363,415,000 $308,764 $4,220 3.17%
    $75k-100k 674 $177,080,000 $262,730 $3,815 3.00%
    $50k-75k 598 $129,220,000 $216,087 $3,416 2.92%
    $250k+ 590 $436,530,000 $739,881 $6,285 3.00%
    $50k or less 262 $45,200,000 $172,519 $3,008 2.84%

    San Diego County Credit Union lent most frequently to those with incomes in the $150k-250k range, with 1,196 originations. The second most popular income band? $100k-150k, with 1,177 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,180 $448,200,000 $379,831 $4,384 2.96%
    30-36% 914 $346,100,000 $378,665 $4,468 3.09%
    <20% 503 $155,545,000 $309,235 $3,708 2.73%
    42% 195 $72,905,000 $373,872 $4,645 3.21%
    44% 189 $81,095,000 $429,074 $4,528 3.05%
    39% 173 $64,805,000 $374,595 $4,187 3.06%
    40% 165 $68,215,000 $413,424 $4,378 3.13%
    41% 162 $64,090,000 $395,617 $5,439 3.12%
    36% 157 $61,225,000 $389,968 $4,409 3.17%
    37% 147 $60,245,000 $409,830 $4,650 3.02%
    43% 138 $61,730,000 $447,319 $5,271 3.04%
    38% 123 $54,405,000 $442,317 $4,439 3.03%
    45% 116 $36,610,000 $315,603 $4,582 3.26%
    47% 110 $26,180,000 $238,000 $4,010 3.56%
    46% 88 $26,710,000 $303,523 $3,846 3.39%
    49% 87 $19,635,000 $225,690 $3,337 3.67%
    48% 78 $21,120,000 $270,769 $5,523 3.43%
    50-60% 6 $1,700,000 $283,333 $3,577 3.29%

    San Diego County Credit Union lent most frequently to those with DTI ratios of 20-30%, with 1,180 originations. The next most common DTI ratio? 30-36%, with 914 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,979 $1,041,085,000 $349,475 $4,303 3.08%
    Not provided 744 $320,290,000 $430,497 $4,795 2.98%
    Asian 581 $229,995,000 $395,861 $4,274 2.98%
    Black 111 $35,105,000 $316,261 $4,625 3.14%
    Not applicable 6 $14,610,000 $2,435,000 $0 3.44%
    American Indian 46 $14,060,000 $305,652 $3,716 3.15%
    Native Hawaiian or Islander 28 $9,140,000 $326,429 $3,615 3.43%
    Asian Indian 17 $8,355,000 $491,471 $5,294 3.10%
    Other Asian 3 $4,975,000 $1,658,333 $8,314 2.79%
    Filipino 11 $4,175,000 $379,545 $4,024 3.22%
    Chinese 5 $1,715,000 $343,000 $6,544 2.90%
    Korean 3 $895,000 $298,333 $2,748 3.38%
    Guamanian 1 $315,000 $315,000 $3,767 2.88%
    Vietnamese 1 $255,000 $255,000 $0 4.25%
    Japanese 1 $155,000 $155,000 $0 4.25%

    Approval Rates

    Total approvals of all applications
    85.79%

    San Diego County Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.92%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,537 $1,685,125,000 $371,418

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,537 $1,685,125,000 $371,418

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,134 $328,990,000 $290,115 $3,567 2.76%
    40-60% 1,232 $581,050,000 $471,631 $4,308 2.73%
    60-80% 933 $571,845,000 $612,910 $6,439 2.79%
    80-100% 104 $73,330,000 $705,096 $6,089 2.83%
    Under 20% 1,134 $129,910,000 $114,559 $1,979 3.96%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    SANDY SPRING BANCORP, INC. FHA mortgage Closing on a mortgage 1 20.0%
    SANDY SPRING BANCORP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 20.0%
    SANDY SPRING BANCORP, INC. Home equity loan or line of credit (HELOC) Problem with a credit reporting company's investigation into an existing problem 1 20.0%
    SANDY SPRING BANCORP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
    SANDY SPRING BANCORP, INC. Other type of mortgage Closing on a mortgage 1 20.0%