Tucson Old Pueblo Credit Union Mortgage Rates, Fees & Info

Tucson, AZ

LEI: 549300FXNUWVW6AI7E18

Tax ID: 86-0098349

Latest/2023 | 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
  • 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

    Tucson Old Pueblo Credit Union is a smaller credit union specializing in Other, Cash Out Refi, and Refi loans. Tucson Old Pueblo Credit Union has a high proportion of conventional loans. Their top two markets are Tucson and Sierra Vista .

    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

    36

    Origination Dollar Volume (All Markets)

    $7,070,000

    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
    TUCSON, AZ (FHA|USDA|VA) 35 $6,885,000 $196,714 $1,209 5.03%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.85%
    Tucson Old Pueblo Credit Union's top markets include Tucson and Sierra Vista among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 36 $7,070,000 $196,389 $1,209 5.02%

    For 2019, Tucson Old Pueblo Credit Union's most frequently originated type of loan was Conventional, with 36 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 22 $3,620,000 $164,545 $477 5.23%
    Cash Out Refi 8 $1,730,000 $216,250 $3,424 4.17%
    Home Improvement 4 $140,000 $35,000 $449 5.56%
    Refi 2 $1,580,000 $790,000 $0 5.05%

    For 2019, Tucson Old Pueblo Credit Union's most frequently cited loan purpose was Other, with 22 originations. The 2nd most popular reason was Cash Out Refi, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 11 $485,000 $44,091 $472 5.48%
    Other 9 $4,785,000 $531,667 $0 4.85%
    15 Year 8 $360,000 $45,000 $754 5.45%
    30 Year 5 $665,000 $133,000 $3,559 4.08%
    1 Year 2 $610,000 $305,000 $0 4.30%
    20 Year 1 $165,000 $165,000 $0 4.35%

    For 2019, Tucson Old Pueblo Credit Union's most frequently cited loan duration was 10 Year, with 11 originations. The 2nd most popular length was Other, with 9 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 3 $205,000 $68,333
    $2k-3k 2 $270,000 $135,000
    $3k-4k 1 $265,000 $265,000

    Tucson Old Pueblo Credit Union's average total fees were $3,559, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 3 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 23 $4,335,000 $188,478
    3-4% 5 $695,000 $139,000
    7-8% 4 $160,000 $40,000
    5-6% 2 $1,810,000 $905,000
    Over 8% 2 $70,000 $35,000

    During 2019, Tucson Old Pueblo Credit Union's average interest rate for loans was 4.08%, while their most frequently originated rate bucket for loans was 4-5%, with 23 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 20 $870,000 $43,500 $809 5.41%
    $100k-200k 6 $880,000 $146,667 $2,513 4.26%
    $400k-600k 6 $2,950,000 $491,667 $0 4.72%
    $200k-400k 3 $975,000 $325,000 $5,303 4.53%
    $1MM+ 1 $1,395,000 $1,395,000 $0 5.25%

    2019 saw Tucson Old Pueblo Credit Union place emphasis on $100,000 or less loans with 20 originations, totaling $870,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 12 $1,480,000 $123,333 $1,058 5.30%
    $75k-100k 9 $985,000 $109,444 $1,608 4.63%
    $50k-75k 6 $1,170,000 $195,000 $476 5.77%
    $100k-150k 5 $855,000 $171,000 $1,584 4.47%
    $150k-250k 2 $1,030,000 $515,000 $0 4.55%
    $250k+ 2 $1,550,000 $775,000 $0 4.75%

    Tucson Old Pueblo Credit Union lent most frequently to those with incomes in the $50k or less range, with 12 originations. The second most popular income band? $75k-100k, with 9 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 17 $5,795,000 $340,882 $366 4.83%
    30-36% 5 $375,000 $75,000 $1,714 4.93%
    20-30% 4 $110,000 $27,500 $378 4.50%
    47% 3 $225,000 $75,000 $665 5.42%
    37% 2 $160,000 $80,000 $2,800 3.50%
    40% 2 $50,000 $25,000 $602 8.00%
    42% 1 $45,000 $45,000 $2,426 4.63%
    36% 1 $265,000 $265,000 $5,303 4.00%
    50-60% 1 $45,000 $45,000 $580 8.25%

    Tucson Old Pueblo Credit Union lent most frequently to those with DTI ratios of <20%, with 17 originations. The next most common DTI ratio? 30-36%, with 5 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 17 $3,725,000 $219,118 $1,267 4.72%
    Not applicable 2 $1,810,000 $905,000 $0 5.18%
    Not provided 14 $840,000 $60,000 $1,207 5.21%
    Black 2 $670,000 $335,000 $0 4.93%
    American Indian 1 $25,000 $25,000 $711 7.50%

    Approval Rates

    Total approvals of all applications
    86.79%

    Tucson Old Pueblo Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.33%

    Tucson Old Pueblo Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 36 $7,070,000 $196,389

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 7 $3,855,000 $550,714
    Single Family (1-4 Units):Manufactured 1 $45,000 $45,000
    Single Family (1-4 Units):Site-Built 28 $3,170,000 $113,214

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 6 $630,000 $105,000 $457 5.31%
    40-60% 6 $630,000 $105,000 $1,580 4.58%
    60-80% 13 $5,255,000 $404,231 $3,053 4.60%
    80-100% 1 $265,000 $265,000 $5,303 4.00%
    Under 20% 10 $290,000 $29,000 $437 5.78%