Tucson Old Pueblo Credit Union Mortgage Rates, Fees & Info
Tucson, AZLEI: 549300FXNUWVW6AI7E18
Tax ID: 86-0098349
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Tucson Old Pueblo Credit Union is a smaller credit union specializing in Other, Home Improvement, Cash Out Refi, and Refi loans. Tucson Old Pueblo Credit Union has a high proportion of conventional loans. Their top (well, only) market is Tucson.Tucson Old Pueblo 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. Tucson Old Pueblo 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.
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Originations
22Origination Dollar Volume (All Markets)
$1,270,000Top 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 |
|---|---|---|---|---|---|
| TUCSON, AZ (FHA|USDA|VA) | 21 | $1,175,000 | $55,952 | $3,036 | 4.93% |
| Outside of Metro Areas | 1 | $95,000 | $95,000 | $3,368 | 4.88% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 22 | $1,270,000 | $57,727 | $3,083 | 4.93% |
For 2018, Tucson Old Pueblo Credit Union's most frequently originated type of loan was Conventional, with 22 originations.
Loan Reason
For 2018, Tucson Old Pueblo Credit Union's most frequently cited loan purpose was Other, with 9 originations. The 2nd most popular reason was Home Improvement, with 6 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 10 Year | 15 | $645,000 | $43,000 | $2,743 | 4.97% |
| 30 Year | 5 | $515,000 | $103,000 | $3,219 | 4.78% |
| 15 Year | 2 | $110,000 | $55,000 | $0 | 5.00% |
For 2018, Tucson Old Pueblo Credit Union's most frequently cited loan duration was 10 Year, with 15 originations. The 2nd most popular length was 30 Year, with 5 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 4 | $200,000 | $50,000 |
| $2k-3k | 3 | $395,000 | $131,667 |
Tucson Old Pueblo Credit Union's average total fees were $3,219, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 4 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 16 | $830,000 | $51,875 |
| 7-8% | 3 | $95,000 | $31,667 |
| 5-6% | 2 | $190,000 | $95,000 |
| 3-4% | 1 | $155,000 | $155,000 |
During 2018, Tucson Old Pueblo Credit Union's average interest rate for loans was 4.78%, while their most frequently originated rate bucket for loans was 4-5%, with 16 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100,000 or less | 20 | $970,000 | $48,500 | $2,839 | 4.94% |
| $100k-200k | 2 | $300,000 | $150,000 | $3,693 | 4.75% |
2018 saw Tucson Old Pueblo Credit Union place emphasis on $100,000 or less loans with 20 originations, totaling $970,000 in origination value.
Applicant Income
Tucson Old Pueblo Credit Union lent most frequently to those with incomes in the $50k-75k range, with 9 originations. The second most popular income band? $50k or less, with 6 originations.
Applicant Debt to Income Ratio
Tucson Old Pueblo Credit Union lent most frequently to those with DTI ratios of <20%, with 7 originations. The next most common DTI ratio? 20-30%, with 6 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications76.32%
Tucson Old Pueblo Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination86.36%
Tucson Old Pueblo Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 22 | $1,270,000 | $57,727 |