Members Cooperative Mortgage Rates, Fees & Info

Duluth, MN

LEI: 549300GS2JP8CQK0MD31

Tax ID: 41-0195345

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

Review & Overview

Members Cooperative is a smaller mortgage company specializing in Home Purchase loans. Members Cooperative has a high proportion of conventional loans. Their top markets by origination volume include: Duluth, Grand Rapids, Minneapolis, San Jose, and San Diego among others. We have data for 130 markets. (Some data included below & more in-depth data is available with an active subscription.)

Members Cooperative 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. Members Cooperative 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.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
30 Year Conventional Purchase	7.09%	4/21/24
30 Year Conventional Refi	7.18%	4/21/24
30 Year Cash-out Refi	6.71%	4/21/24
30 Year FHA Purchase	6.27%	4/21/24
30 Year USDA Refi	6.27%	4/21/24
15 Year Conventional Purchase	6.76%	4/21/24
15 Year Conventional Refi	6.86%	4/21/24
15 Year Cash-out Refi	6.86%	4/21/24
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.

Members Cooperative Mortgage Calculator

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This is not an official calculator from Members Cooperative. 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

908

Origination Dollar Volume (All Markets)

$106,700,000

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
DULUTH, MN-WI (FHA\|USDA\|VA)	307	$36,745,000	$119,691	$2,834	5.18%
Outside of Metro Areas	161	$18,615,000	$115,621	$3,173	5.65%
Grand Rapids, MN (FHA\|USDA\|VA)	55	$8,285,000	$150,636	$3,734	4.70%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	61	$7,745,000	$126,967	$2,494	5.62%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	19	$3,365,000	$177,105	$0	6.34%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	17	$2,575,000	$151,471	$0	6.75%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	19	$2,385,000	$125,526	$0	6.70%
Brainerd, MN (FHA\|USDA\|VA)	17	$2,305,000	$135,588	$3,140	4.93%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	13	$1,635,000	$125,769	$0	6.71%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	6	$1,020,000	$170,000	$0	6.75%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	4	$650,000	$162,500	$0	6.44%
TULSA, OK (FHA\|USDA\|VA)	8	$620,000	$77,500	$0	7.25%
ST. CLOUD, MN (FHA\|USDA\|VA)	2	$580,000	$290,000	$5,913	4.94%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	8	$580,000	$72,500	$0	6.91%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	6	$580,000	$96,667	$0	7.08%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	4	$520,000	$130,000	$0	6.75%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	7	$515,000	$73,571	$3,185	6.61%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	4	$470,000	$117,500	$0	7.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	5	$455,000	$91,000	$0	6.70%
LAFAYETTE, LA (FHA\|USDA\|VA)	6	$430,000	$71,667	$0	7.00%
COLUMBIA, SC (FHA\|USDA\|VA)	5	$415,000	$83,000	$0	7.25%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	4	$390,000	$97,500	$0	7.19%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	4	$380,000	$95,000	$0	7.44%
TUSCALOOSA, AL (FHA\|USDA\|VA)	4	$370,000	$92,500	$0	6.38%
Tupelo, MS (FHA\|USDA\|VA)	5	$355,000	$71,000	$0	7.30%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	4	$350,000	$87,500	$0	7.00%
ALEXANDRIA, LA (FHA\|USDA\|VA)	3	$345,000	$115,000	$0	7.25%
ALBUQUERQUE, NM (FHA\|USDA\|VA)	4	$330,000	$82,500	$0	6.94%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	3	$325,000	$108,333	$0	6.08%
Cullman, AL (FHA\|USDA\|VA)	2	$310,000	$155,000	$0	6.37%
NAPA, CA (FHA\|USDA\|VA)	2	$290,000	$145,000	$0	7.88%
LAKE CHARLES, LA (FHA\|USDA\|VA)	4	$270,000	$67,500	$0	6.94%
AMARILLO, TX (FHA\|USDA\|VA)	2	$270,000	$135,000	$0	6.38%
Orangeburg, SC (FHA\|USDA\|VA)	2	$260,000	$130,000	$0	7.38%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	2	$250,000	$125,000	$0	6.88%
FARGO, ND-MN (FHA\|USDA\|VA)	1	$245,000	$245,000	$5,254	4.38%
Seneca, SC (FHA\|USDA\|VA)	5	$245,000	$49,000	$0	6.50%
OCALA, FL (FHA\|USDA\|VA)	2	$240,000	$120,000	$0	6.88%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	3	$235,000	$78,333	$0	6.92%
SUMTER, SC (FHA\|USDA\|VA)	2	$230,000	$115,000	$0	6.63%
TUCSON, AZ (FHA\|USDA\|VA)	2	$230,000	$115,000	$3,253	6.50%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	1	$225,000	$225,000	$0	6.50%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	4	$220,000	$55,000	$0	6.38%
SALEM, OR (FHA\|USDA\|VA)	2	$220,000	$110,000	$0	6.88%
Talladega-Sylacauga, AL (FHA\|USDA\|VA)	2	$220,000	$110,000	$0	7.63%
Natchitoches, LA (FHA\|USDA\|VA)	2	$210,000	$105,000	$0	6.00%
TEXARKANA, TX-AR (FHA\|USDA\|VA)	2	$210,000	$105,000	$1,689	6.63%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	2	$210,000	$105,000	$0	7.75%
DECATUR, AL (FHA\|USDA\|VA)	1	$195,000	$195,000	$0	7.00%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	3	$195,000	$65,000	$0	6.83%
Searcy, AR (FHA\|USDA\|VA)	2	$190,000	$95,000	$0	7.25%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	2	$190,000	$95,000	$0	6.75%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	6.75%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	6.25%
Bemidji, MN (FHA\|USDA\|VA)	1	$175,000	$175,000	$4,287	4.13%
MANKATO, MN (FHA\|USDA\|VA)	1	$175,000	$175,000	$4,006	4.25%
Natchez, MS-LA (FHA\|USDA\|VA)	2	$170,000	$85,000	$0	6.63%
Meridian, MS (FHA\|USDA\|VA)	2	$170,000	$85,000	$0	7.25%
BATON ROUGE, LA (FHA\|USDA\|VA)	2	$160,000	$80,000	$0	6.88%
FLORENCE, SC (FHA\|USDA\|VA)	2	$160,000	$80,000	$0	7.63%
Ruston, LA (FHA\|USDA\|VA)	2	$160,000	$80,000	$0	6.38%
Alamogordo, NM (FHA\|USDA\|VA)	2	$160,000	$80,000	$0	6.75%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	7.25%
SAVANNAH, GA (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	7.00%
JACKSON, MS (FHA\|USDA\|VA)	2	$140,000	$70,000	$0	7.63%
Laurel, MS (FHA\|USDA\|VA)	2	$140,000	$70,000	$0	7.13%
MOBILE, AL (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	7.25%
Greenwood, MS (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	6.75%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	7.25%
LAWTON, OK (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	6.00%
Bogalusa, LA (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	7.75%
STOCKTON, CA (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	7.25%
FORT SMITH, AR-OK (FHA\|USDA\|VA)	2	$130,000	$65,000	$0	6.75%
GULFPORT-BILOXI, MS (FHA\|USDA\|VA)	2	$130,000	$65,000	$0	5.75%
TALLAHASSEE, FL (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	7.25%
Arkadelphia, AR (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	5.75%
Milledgeville, GA (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	6.25%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	1	$125,000	$125,000	$3,068	7.25%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	6.25%
Cedartown, GA (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	7.00%
Morehead City, NC (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	6.25%
Lake City, FL (FHA\|USDA\|VA)	2	$120,000	$60,000	$3,291	6.00%
Brookhaven, MS (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	6.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	5.75%
Oxford, MS (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	6.50%
ABILENE, TX (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	6.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	7.25%
THE VILLAGES, FL (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	6.50%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	7.00%
Tahlequah, OK (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	7.25%
HAMMOND, LA (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	5.75%
SPARTANBURG, SC (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	6.75%
DeRidder, LA (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	7.25%
ROME, GA (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	6.25%
MONROE, LA (FHA\|USDA\|VA)	2	$100,000	$50,000	$0	8.00%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	7.50%
LAS CRUCES, NM (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	7.00%
ASHEVILLE, NC (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	7.00%
Americus, GA (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	6.75%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	6.00%
CLEVELAND, TN (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	7.25%
Red Wing, MN (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	6.00%
Fort Polk South, LA (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	6.50%
Georgetown, SC (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	7.00%
NEW BERN, NC (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	7.25%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	7.25%
Lumberton, NC (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	7.00%
Gaffney, SC (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	6.75%
PINE BLUFF, AR (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	7.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	6.50%
Corinth, MS (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	7.25%
St. Marys, GA (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	5.75%
JACKSONVILLE, FL (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	6.50%
Batesville, AR (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	7.00%
Athens, TX (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	6.00%
WICHITA FALLS, TX (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	7.50%
ANNISTON-OXFORD, AL (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	7.25%
TYLER, TX (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	7.00%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	6.00%
WACO, TX (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	6.25%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	6.00%
JONESBORO, AR (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	7.25%
ALBANY-LEBANON, OR (FHA\|USDA\|VA)	2	$50,000	$25,000	$0	8.00%
Crossville, TN (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	7.25%
Scottsboro, AL (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	7.25%
Opelousas, LA (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	8.25%
SANTA MARIA-SANTA BARBARA, CA (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	6.25%
McAlester, OK (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	7.00%
ODESSA, TX (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	8.25%
PANAMA CITY, FL (FHA\|USDA\|VA)	1	$25,000	$25,000	$0	6.75%

Members Cooperative's top markets include Duluth, Grand Rapids, Minneapolis, San Jose, and San Diego among others.

Their top states include:

Minnesota (FHA|USDA|VA)

California (FHA|USDA|VA)

Wisconsin (FHA|USDA|VA)

Louisiana (FHA|USDA|VA)

South Carolina (FHA|USDA|VA)

Similar Lenders

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

Western National Bank
Similarity Rank: 156

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The Miners National Bank of Eveleth
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SUPERIOR CHOICE
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FIRST STATE MORTGAGE SERVICES, LLC
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North Shore Bank of Commerce
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ST. CLOUD FINANCIAL
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South Metro Federal Credit Union
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First National Bank of Elk River
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WESTconsin Credit Union
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Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	906	$106,590,000	$117,649	$2,990	5.80%
HELOC	2	$110,000	$55,000	n/a	6.63%

For 2019, Members Cooperative's most frequently originated type of loan was Conventional, with 906 originations. Their 2nd most popular type was HELOC, with 2 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	623	$81,115,000	$130,201	$4,242	5.76%
Refi	201	$19,425,000	$96,642	$1,959	5.68%
Home Improvement	49	$3,035,000	$61,939	$1,092	6.83%
Cash Out Refi	35	$3,125,000	$89,286	$1,720	5.78%

For 2019, Members Cooperative's most frequently cited loan purpose was Home Purchase, with 623 originations. The 2nd most popular reason was Refi, with 201 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	226	$35,190,000	$155,708	$3,942	4.22%
20 Year	183	$17,615,000	$96,257	$3,668	6.60%
15 Year	175	$11,575,000	$66,143	$966	6.33%
Other	162	$21,070,000	$130,062	$3,757	6.72%
10 Year	93	$4,745,000	$51,022	$355	6.65%
30+ year	67	$16,425,000	$245,149	$5,995	4.07%
3 Year	1	$55,000	$55,000	$0	6.50%
5 Year	1	$25,000	$25,000	$85	8.25%

For 2019, Members Cooperative's most frequently cited loan duration was 30 Year, with 226 originations. The 2nd most popular length was 20 Year, with 183 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$2k-3k	166	$28,560,000	$172,048
$1k-2k	119	$11,055,000	$92,899
$3k-4k	45	$11,705,000	$260,111
$<1k	26	$1,420,000	$54,615
$4k-5k	19	$6,745,000	$355,000
$5k+	5	$2,635,000	$527,000

Members Cooperative's average total fees were $3,942, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 166 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
6-7%	261	$23,385,000	$89,598
3-4%	176	$31,140,000	$176,932
7-8%	169	$12,855,000	$76,065
4-5%	145	$25,445,000	$175,483
5-6%	110	$10,250,000	$93,182
Over 8%	38	$2,210,000	$58,158
2.5-3%	8	$1,360,000	$170,000
<2.5%	1	$55,000	$55,000

During 2019, Members Cooperative's average interest rate for loans was 4.22%, while their most frequently originated rate bucket for loans was 6-7%, with 261 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	441	$24,525,000	$55,612	$1,072	6.53%
$100k-200k	355	$50,855,000	$143,254	$3,889	5.34%
$200k-400k	104	$27,430,000	$263,750	$5,714	4.35%
$400k-600k	7	$3,225,000	$460,714	$8,209	4.45%
$600k-1MM	1	$665,000	$665,000	$11,157	4.38%

2019 saw Members Cooperative place emphasis on $100,000 or less loans with 441 originations, totaling $24,525,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k-75k	275	$31,345,000	$113,982	$3,024	5.65%
$50k or less	251	$19,465,000	$77,550	$2,459	5.79%
$100k-150k	160	$24,560,000	$153,500	$3,501	5.96%
$75k-100k	144	$18,220,000	$126,528	$3,069	5.99%
$150k-250k	50	$9,390,000	$187,800	$3,870	5.70%
$250k+	4	$1,060,000	$265,000	$0	5.88%

Members Cooperative lent most frequently to those with incomes in the $50k-75k range, with 275 originations. The second most popular income band? $50k or less, with 251 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
30-36%	199	$23,545,000	$118,317	$2,886	5.92%
20-30%	187	$21,955,000	$117,406	$3,350	5.72%
42%	65	$6,665,000	$102,538	$2,200	6.03%
41%	58	$7,250,000	$125,000	$3,340	6.00%
39%	53	$7,245,000	$136,698	$3,545	5.71%
40%	52	$6,500,000	$125,000	$2,953	5.81%
<20%	49	$5,055,000	$103,163	$2,518	5.52%
36%	42	$5,790,000	$137,857	$3,601	5.61%
38%	40	$4,580,000	$114,500	$2,958	5.99%
37%	39	$3,645,000	$93,462	$2,279	6.20%
44%	25	$2,515,000	$100,600	$2,054	5.92%
43%	23	$2,485,000	$108,043	$2,340	5.95%
47%	9	$1,495,000	$166,111	$3,403	4.36%
48%	8	$1,670,000	$208,750	$4,957	4.27%
46%	7	$965,000	$137,857	$3,727	4.73%
49%	7	$1,175,000	$167,857	$3,919	4.61%
50-60%	5	$435,000	$87,000	$3,080	5.55%
45%	3	$685,000	$228,333	$5,288	4.17%

Members Cooperative lent most frequently to those with DTI ratios of 30-36%, with 199 originations. The next most common DTI ratio? 20-30%, with 187 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	796	$92,590,000	$116,319	$2,950	5.77%
Not provided	57	$7,985,000	$140,088	$3,746	6.03%
Asian	13	$2,335,000	$179,615	$6,821	6.29%
Not applicable	21	$1,695,000	$80,714	$3,437	5.74%
American Indian	8	$1,060,000	$132,500	$3,487	5.13%
Black	11	$855,000	$77,727	$3,451	6.60%
Vietnamese	1	$105,000	$105,000	$0	6.25%
Other Asian	1	$75,000	$75,000	$0	6.25%

Approval Rates

Total approvals of all applications
89.87%

Members Cooperative has an average approval rate.

Pick Rate

Approvals leading to origination
32.93%

Members Cooperative 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
0.0	5	$505,000	$101,000
1069.0	1	$25,000	$25,000
1108.0	1	$25,000	$25,000
1473.87	1	$75,000	$75,000
1500.0	1	$85,000	$85,000
1551.49	1	$35,000	$35,000
1600.19	1	$35,000	$35,000
1627.02	1	$35,000	$35,000
1637.83	1	$45,000	$45,000
1733.53	1	$45,000	$45,000
1753.42	1	$45,000	$45,000
1785.95	1	$45,000	$45,000
1834.38	1	$55,000	$55,000
1848.51	1	$55,000	$55,000
1894.99	1	$55,000	$55,000
1949.52	1	$55,000	$55,000
1969.0	1	$55,000	$55,000
1981.21	1	$55,000	$55,000
2003.98	1	$105,000	$105,000
2018.4	1	$65,000	$65,000
2025.57	1	$65,000	$65,000
2034.0	1	$65,000	$65,000
2068.23	1	$105,000	$105,000
2087.49	1	$105,000	$105,000
2111.41	1	$65,000	$65,000
2119.0	1	$65,000	$65,000
2133.57	1	$65,000	$65,000
2175.86	1	$65,000	$65,000
2234.43	1	$75,000	$75,000
2288.8	1	$55,000	$55,000
2299.0	1	$125,000	$125,000
2300.16	1	$75,000	$75,000
2305.17	1	$115,000	$115,000
2309.81	1	$75,000	$75,000
2319.0	1	$75,000	$75,000
2335.0	1	$75,000	$75,000
2367.0	1	$75,000	$75,000
2390.78	1	$75,000	$75,000
2406.49	1	$85,000	$85,000
2408.23	1	$85,000	$85,000
2414.02	1	$85,000	$85,000
2432.19	1	$85,000	$85,000
2434.61	1	$85,000	$85,000
2459.49	1	$65,000	$65,000
2469.94	1	$55,000	$55,000
2479.71	1	$85,000	$85,000
2535.04	1	$85,000	$85,000
2554.78	1	$85,000	$85,000
2567.26	1	$85,000	$85,000
2614.58	1	$95,000	$95,000
2635.0	1	$95,000	$95,000
2637.16	1	$95,000	$95,000
2639.0	1	$95,000	$95,000
2662.43	1	$95,000	$95,000
2674.0	1	$65,000	$65,000
2699.0	2	$190,000	$95,000
2759.01	1	$95,000	$95,000
2764.19	1	$135,000	$135,000
2765.74	1	$65,000	$65,000
2799.0	2	$210,000	$105,000
2800.0	1	$215,000	$215,000
2815.0	1	$105,000	$105,000
2835.77	1	$105,000	$105,000
2881.03	1	$105,000	$105,000
2885.0	1	$175,000	$175,000
2900.68	1	$105,000	$105,000
2946.55	1	$105,000	$105,000
2966.38	1	$105,000	$105,000
2972.55	1	$105,000	$105,000
2991.0	1	$75,000	$75,000
3039.0	1	$115,000	$115,000
3046.86	1	$105,000	$105,000
3060.92	1	$115,000	$115,000
3064.75	1	$115,000	$115,000
3076.32	1	$115,000	$115,000
3117.74	1	$115,000	$115,000
3133.0	1	$105,000	$105,000
3135.18	1	$115,000	$115,000
3135.44	1	$115,000	$115,000
3140.0	1	$75,000	$75,000
3150.0	1	$95,000	$95,000
3174.49	1	$115,000	$115,000
3195.75	1	$75,000	$75,000
3210.89	1	$125,000	$125,000
3210.9	1	$125,000	$125,000
3232.0	3	$285,000	$95,000
3239.0	1	$115,000	$115,000
3288.0	1	$115,000	$115,000
3350.1	1	$125,000	$125,000
3357.5	1	$125,000	$125,000
3364.0	1	$125,000	$125,000
3369.3	1	$125,000	$125,000
3372.65	1	$125,000	$125,000
3379.0	1	$125,000	$125,000
3379.92	1	$125,000	$125,000
3391.62	1	$125,000	$125,000
3510.85	1	$135,000	$135,000
3525.83	1	$135,000	$135,000
3544.0	1	$135,000	$135,000
3562.89	1	$135,000	$135,000
3579.0	1	$135,000	$135,000
3604.11	1	$145,000	$145,000
3634.5	1	$145,000	$145,000
3741.11	1	$145,000	$145,000
3744.0	1	$145,000	$145,000
3760.99	1	$145,000	$145,000
3781.56	1	$145,000	$145,000
3788.92	1	$95,000	$95,000
3822.37	1	$155,000	$155,000
3875.0	1	$135,000	$135,000
3899.0	1	$155,000	$155,000
3900.0	1	$325,000	$325,000
3906.42	1	$155,000	$155,000
3934.0	1	$155,000	$155,000
3950.0	1	$275,000	$275,000
3999.0	1	$165,000	$165,000
4001.0	1	$165,000	$165,000
4014.37	1	$165,000	$165,000
4019.0	1	$165,000	$165,000
4048.0	1	$165,000	$165,000
4079.0	2	$330,000	$165,000
4086.0	1	$165,000	$165,000
4124.0	1	$165,000	$165,000
4175.98	1	$165,000	$165,000
4253.55	1	$175,000	$175,000
4309.0	1	$175,000	$175,000
4332.13	1	$175,000	$175,000
4336.14	1	$175,000	$175,000
4412.25	1	$185,000	$185,000
4429.0	1	$155,000	$155,000
4455.84	1	$185,000	$185,000
4477.4	1	$185,000	$185,000
4529.0	1	$185,000	$185,000
4561.0	1	$185,000	$185,000
4572.74	1	$185,000	$185,000
4585.88	1	$115,000	$115,000
4669.0	1	$195,000	$195,000
4727.68	1	$195,000	$195,000
4759.0	1	$195,000	$195,000
4884.0	1	$205,000	$205,000
4908.93	1	$205,000	$205,000
4928.75	1	$125,000	$125,000
5222.0	1	$185,000	$185,000
5224.94	1	$225,000	$225,000
5282.93	1	$225,000	$225,000
5299.0	1	$225,000	$225,000
5319.0	1	$225,000	$225,000
5511.0	1	$235,000	$235,000
5597.0	1	$235,000	$235,000
5680.0	1	$195,000	$195,000
5710.4	1	$245,000	$245,000
5975.0	1	$505,000	$505,000
6059.0	1	$265,000	$265,000
6079.0	1	$265,000	$265,000
7179.0	1	$315,000	$315,000
7343.0	1	$325,000	$325,000
799.0	185	$16,195,000	$87,541
799.25	1	$195,000	$195,000
NA	557	$69,415,000	$124,623

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	3	$705,000	$235,000
Single Family (1-4 Units):Manufactured	371	$38,345,000	$103,356
Single Family (1-4 Units):Site-Built	534	$67,650,000	$126,685

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	69	$3,805,000	$55,145	$767	6.43%
40-60%	60	$6,460,000	$107,667	$2,743	5.22%
60-80%	194	$24,630,000	$126,959	$3,692	5.44%
80-100%	491	$69,155,000	$140,845	$4,341	5.67%
Under 20%	93	$2,545,000	$27,366	$196	7.14%

Complaints

Bank Name	Product	Issue	2019 CPFB Complaints	% of Total Issues
MEMBER MORTGAGE SERVICES	FHA mortgage	Trouble during payment process	1	100.0%