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 and Refi loans. Members Cooperative has a high proportion of conventional loans. Their top markets by origination volume include: Duluth, Grand Rapids, Minneapolis, Brainerd, and Tampa among others. We have data for 139 markets. (Some data included below & more in-depth data is available with an active subscription.)

Members Cooperative has an above 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%	4/18/24
30 Year Conventional Refi	7.18%	4/18/24
30 Year Cash-out Refi	6.71%	4/18/24
30 Year FHA Purchase	6.27%	4/18/24
30 Year USDA Refi	6.27%	4/18/24
15 Year Conventional Purchase	6.76%	4/18/24
15 Year Conventional Refi	6.86%	4/18/24
15 Year Cash-out Refi	6.86%	4/18/24
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

1,225

Origination Dollar Volume (All Markets)

$174,415,000

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)	486	$72,540,000	$149,259	$3,360	3.77%
Outside of Metro Areas	221	$29,725,000	$134,502	$3,209	4.59%
Grand Rapids, MN (FHA\|USDA\|VA)	134	$22,660,000	$169,104	$3,606	3.47%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	73	$12,815,000	$175,548	$3,653	3.63%
Brainerd, MN (FHA\|USDA\|VA)	30	$4,590,000	$153,000	$3,466	3.58%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	12	$1,530,000	$127,500	$2,322	5.83%
GAINESVILLE, FL (FHA\|USDA\|VA)	9	$1,035,000	$115,000	$2,270	5.83%
ST. CLOUD, MN (FHA\|USDA\|VA)	3	$1,015,000	$338,333	$4,448	3.79%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	7	$935,000	$133,571	$2,836	6.71%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	6	$880,000	$146,667	$3,528	5.46%
Lake City, FL (FHA\|USDA\|VA)	6	$870,000	$145,000	$3,671	6.00%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	8	$810,000	$101,250	$7,204	5.97%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	5	$745,000	$149,000	$5,951	6.35%
Ruston, LA (FHA\|USDA\|VA)	4	$740,000	$185,000	$4,091	5.69%
LAFAYETTE, LA (FHA\|USDA\|VA)	6	$680,000	$113,333	$3,540	5.63%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	5	$645,000	$129,000	$2,603	5.95%
OCALA, FL (FHA\|USDA\|VA)	6	$580,000	$96,667	$1,243	6.00%
COLUMBIA, SC (FHA\|USDA\|VA)	7	$515,000	$73,571	$3,976	5.86%
Cullman, AL (FHA\|USDA\|VA)	3	$515,000	$171,667	$3,175	5.50%
JACKSONVILLE, FL (FHA\|USDA\|VA)	4	$500,000	$125,000	$1,064	5.88%
MONROE, LA (FHA\|USDA\|VA)	4	$500,000	$125,000	$2,541	5.31%
TUCSON, AZ (FHA\|USDA\|VA)	4	$500,000	$125,000	$918	5.56%
Athens, TN (FHA\|USDA\|VA)	4	$460,000	$115,000	$1,781	5.56%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	3	$455,000	$151,667	$5,056	5.92%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	4	$440,000	$110,000	$0	6.44%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	3	$435,000	$145,000	$1,214	6.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	4	$430,000	$107,500	$1,609	5.81%
BATON ROUGE, LA (FHA\|USDA\|VA)	4	$420,000	$105,000	$1,795	6.31%
CLEVELAND, TN (FHA\|USDA\|VA)	3	$405,000	$135,000	$3,007	5.42%
HOMOSASSA SPRINGS, FL (FHA\|USDA\|VA)	4	$400,000	$100,000	$2,585	5.75%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	4	$390,000	$97,500	$3,237	6.06%
AMARILLO, TX (FHA\|USDA\|VA)	3	$365,000	$121,667	$0	5.75%
KNOXVILLE, TN (FHA\|USDA\|VA)	4	$340,000	$85,000	$3,843	6.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA\|USDA\|VA)	3	$335,000	$111,667	$4,677	5.50%
TULSA, OK (FHA\|USDA\|VA)	4	$320,000	$80,000	$0	7.25%
ATHENS-CLARKE COUNTY, GA (FHA\|USDA\|VA)	2	$300,000	$150,000	$2,109	5.75%
TEXARKANA, TX-AR (FHA\|USDA\|VA)	3	$295,000	$98,333	$0	5.92%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	3	$285,000	$95,000	$1,141	5.67%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	2	$280,000	$140,000	$1,697	6.38%
MONTGOMERY, AL (FHA\|USDA\|VA)	2	$270,000	$135,000	$7,286	5.63%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	3	$255,000	$85,000	$4,763	6.58%
Hutchinson, MN (FHA\|USDA\|VA)	1	$255,000	$255,000	$5,057	3.25%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	3	$245,000	$81,667	$1,795	5.92%
ALEXANDRIA, LA (FHA\|USDA\|VA)	2	$240,000	$120,000	$7,242	5.13%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	2	$240,000	$120,000	$0	6.00%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	2	$230,000	$115,000	$0	5.50%
WARNER ROBINS, GA (FHA\|USDA\|VA)	2	$220,000	$110,000	$2,819	5.38%
JACKSON, MS (FHA\|USDA\|VA)	2	$210,000	$105,000	$4,055	5.88%
PINE BLUFF, AR (FHA\|USDA\|VA)	1	$205,000	$205,000	$6,904	5.00%
Tupelo, MS (FHA\|USDA\|VA)	3	$205,000	$68,333	$0	6.75%
Palatka, FL (FHA\|USDA\|VA)	2	$200,000	$100,000	$1,392	5.88%
Carlsbad-Artesia, NM (FHA\|USDA\|VA)	2	$190,000	$95,000	$5,423	7.13%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	2	$190,000	$95,000	$5,643	7.63%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	2	$190,000	$95,000	$2,385	6.38%
Stillwater, OK (FHA\|USDA\|VA)	1	$185,000	$185,000	$6,086	4.50%
Bonham, TX (FHA\|USDA\|VA)	2	$180,000	$90,000	$1,956	6.63%
TYLER, TX (FHA\|USDA\|VA)	2	$180,000	$90,000	$0	5.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	1	$175,000	$175,000	$6,230	6.00%
Columbus, MS (FHA\|USDA\|VA)	1	$175,000	$175,000	$7,249	4.50%
Alice, TX (FHA\|USDA\|VA)	1	$175,000	$175,000	$1,201	7.00%
BEAUMONT-PORT ARTHUR, TX (FHA\|USDA\|VA)	2	$170,000	$85,000	$0	6.13%
DALTON, GA (FHA\|USDA\|VA)	1	$165,000	$165,000	$2,389	7.25%
Ardmore, OK (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	7.75%
MIDLAND, TX (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	6.75%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	5.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	1	$165,000	$165,000	$892	6.00%
FORT SMITH, AR-OK (FHA\|USDA\|VA)	1	$155,000	$155,000	$1,746	6.25%
El Campo, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$5,136	4.00%
TALLAHASSEE, FL (FHA\|USDA\|VA)	1	$155,000	$155,000	$1,091	6.25%
HATTIESBURG, MS (FHA\|USDA\|VA)	1	$155,000	$155,000	$4,016	5.00%
TUSCALOOSA, AL (FHA\|USDA\|VA)	2	$150,000	$75,000	$0	6.38%
El Dorado, AR (FHA\|USDA\|VA)	2	$150,000	$75,000	$0	6.00%
Toccoa, GA (FHA\|USDA\|VA)	1	$145,000	$145,000	$5,407	5.75%
Clewiston, FL (FHA\|USDA\|VA)	1	$145,000	$145,000	$4,580	7.75%
Bemidji, MN (FHA\|USDA\|VA)	1	$145,000	$145,000	$3,913	2.75%
Starkville, MS (FHA\|USDA\|VA)	1	$145,000	$145,000	$1,068	6.25%
Big Spring, TX (FHA\|USDA\|VA)	1	$145,000	$145,000	$7,529	6.25%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	1	$145,000	$145,000	$6,214	6.00%
BRUNSWICK, GA (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	5.25%
Meridian, MS (FHA\|USDA\|VA)	1	$145,000	$145,000	$1,708	5.00%
ALBUQUERQUE, NM (FHA\|USDA\|VA)	2	$140,000	$70,000	$0	6.00%
Newberry, SC (FHA\|USDA\|VA)	2	$140,000	$70,000	$0	5.88%
Lumberton, NC (FHA\|USDA\|VA)	2	$140,000	$70,000	$0	5.50%
BEND, OR (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	5.99%
DECATUR, AL (FHA\|USDA\|VA)	1	$135,000	$135,000	$1,069	5.00%
ODESSA, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	7.25%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	1	$135,000	$135,000	$0	6.50%
Huntsville, TX (FHA\|USDA\|VA)	2	$130,000	$65,000	$1,206	6.38%
Magnolia, AR (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	6.00%
Talladega-Sylacauga, AL (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	5.75%
Andrews, TX (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	6.50%
Del Rio, TX (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	4.75%
ROCHESTER, MN (FHA\|USDA\|VA)	1	$115,000	$115,000	$3,406	2.75%
Bennettsville, SC (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	6.25%
Sulphur Springs, TX (FHA\|USDA\|VA)	1	$115,000	$115,000	$1,206	5.00%
FLORENCE, SC (FHA\|USDA\|VA)	1	$115,000	$115,000	$1,806	8.00%
PANAMA CITY, FL (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	6.25%
Shawnee, OK (FHA\|USDA\|VA)	1	$115,000	$115,000	$4,562	5.25%
Duncan, OK (FHA\|USDA\|VA)	1	$115,000	$115,000	$5,239	6.75%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	1	$105,000	$105,000	$3,238	6.50%
Muskogee, OK (FHA\|USDA\|VA)	1	$105,000	$105,000	$1,069	6.00%
Kerrville, TX (FHA\|USDA\|VA)	1	$105,000	$105,000	$5,066	6.75%
Enterprise, AL (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	7.25%
LONGVIEW, TX (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	6.25%
Pampa, TX (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	6.75%
THE VILLAGES, FL (FHA\|USDA\|VA)	1	$95,000	$95,000	$1,067	6.00%
Beeville, TX (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	6.75%
ASHEVILLE, NC (FHA\|USDA\|VA)	1	$95,000	$95,000	$1,716	5.75%
Cedartown, GA (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	7.00%
Milledgeville, GA (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	7.25%
SAVANNAH, GA (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	5.50%
Searcy, AR (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	6.50%
Seneca, SC (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	5.75%
Ozark, AL (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	5.75%
Lufkin, TX (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	6.74%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	6.00%
Russellville, AR (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	6.75%
GULFPORT-BILOXI, MS (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	4.00%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	6.25%
Jacksonville, TX (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	6.75%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	1	$75,000	$75,000	$3,874	6.50%
DOTHAN, AL (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	5.50%
LAKE CHARLES, LA (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	7.75%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	6.25%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	1	$65,000	$65,000	$2,598	5.50%
PUNTA GORDA, FL (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	5.75%
LUBBOCK, TX (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	6.75%
Paris, TX (FHA\|USDA\|VA)	1	$55,000	$55,000	$1,959	5.75%
SHERMAN-DENISON, TX (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	6.25%
Bay City, TX (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	5.75%
Corsicana, TX (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	7.00%
Waycross, GA (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	6.75%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	5.99%
Klamath Falls, OR (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	7.00%
ROME, GA (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	8.25%
VALDOSTA, GA (FHA\|USDA\|VA)	1	$45,000	$45,000	$1,729	5.25%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	7.50%
SALEM, OR (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	5.99%
HINESVILLE, GA (FHA\|USDA\|VA)	1	$25,000	$25,000	$0	6.50%

Members Cooperative's top markets include Duluth, Grand Rapids, Minneapolis, Brainerd, and Tampa among others.

Their top states include:

Minnesota (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Texas (FHA|USDA|VA)

Wisconsin (FHA|USDA|VA)

Louisiana (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.

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VALLEY MORTGAGE, INC.
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Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	1,220	$173,900,000	$142,541	$3,365	4.37%
HELOC	5	$515,000	$103,000	n/a	4.80%

For 2020, Members Cooperative's most frequently originated type of loan was Conventional, with 1,220 originations. Their 2nd most popular type was HELOC, with 5 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	766	$106,450,000	$138,969	$3,701	4.67%
Refi	366	$57,940,000	$158,306	$3,057	3.66%
Cash Out Refi	64	$7,920,000	$123,750	$2,895	4.21%
Home Improvement	29	$2,105,000	$72,586	$1,535	6.01%

For 2020, Members Cooperative's most frequently cited loan purpose was Home Purchase, with 766 originations. The 2nd most popular reason was Refi, with 366 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	549	$96,885,000	$176,475	$3,711	3.36%
Other	251	$31,895,000	$127,072	$3,340	5.90%
15 Year	171	$17,965,000	$105,058	$2,637	4.28%
20 Year	130	$12,750,000	$98,077	$3,031	5.37%
10 Year	110	$11,570,000	$105,182	$1,416	4.98%
30+ year	12	$3,070,000	$255,833	$5,925	3.84%
1 Year	1	$155,000	$155,000	$0	4.75%
5 Year	1	$125,000	$125,000	$0	5.00%

For 2020, Members Cooperative's most frequently cited loan duration was 30 Year, with 549 originations. The 2nd most popular length was Other, with 251 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$2k-3k	319	$54,125,000	$169,671
$1k-2k	268	$27,250,000	$101,679
$<1k	220	$27,540,000	$125,182
$3k-4k	107	$25,285,000	$236,308
$4k-5k	30	$9,800,000	$326,667
$5k+	3	$1,235,000	$411,667

Members Cooperative's average total fees were $3,711, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 319 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	369	$65,595,000	$177,764
2.5-3%	239	$40,125,000	$167,887
5-6%	170	$18,460,000	$108,588
6-7%	147	$14,175,000	$96,429
4-5%	147	$20,255,000	$137,789
<2.5%	73	$10,505,000	$143,904
7-8%	68	$4,780,000	$70,294
Over 8%	12	$520,000	$43,333

During 2020, Members Cooperative's average interest rate for loans was 3.36%, while their most frequently originated rate bucket for loans was 3-4%, with 369 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-200k	625	$89,455,000	$143,128	$3,548	4.12%
$100,000 or less	382	$24,940,000	$65,288	$1,963	5.37%
$200k-400k	203	$52,285,000	$257,562	$4,394	3.35%
$400k-600k	12	$5,330,000	$444,167	$5,581	3.31%
$600k-1MM	3	$2,405,000	$801,667	$0	4.42%

2020 saw Members Cooperative place emphasis on $100k-200k loans with 625 originations, totaling $89,455,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k-75k	379	$50,535,000	$133,338	$3,324	4.49%
$50k or less	330	$33,890,000	$102,697	$2,930	4.35%
$75k-100k	220	$33,470,000	$152,136	$3,452	4.52%
$100k-150k	184	$37,230,000	$202,337	$4,136	3.98%
$150k-250k	45	$8,565,000	$190,333	$2,696	4.48%
$250k+	6	$1,360,000	$226,667	$5,089	3.94%

Members Cooperative lent most frequently to those with incomes in the $50k-75k range, with 379 originations. The second most popular income band? $50k or less, with 330 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
30-36%	284	$41,000,000	$144,366	$3,430	4.48%
20-30%	283	$38,235,000	$135,106	$3,325	4.28%
42%	73	$10,215,000	$139,932	$3,095	4.84%
40%	69	$9,835,000	$142,536	$3,323	4.50%
41%	65	$9,315,000	$143,308	$3,248	4.51%
<20%	56	$7,180,000	$128,214	$3,204	3.84%
39%	53	$5,985,000	$112,925	$3,225	5.00%
38%	52	$6,180,000	$118,846	$3,100	4.63%
36%	52	$8,060,000	$155,000	$3,752	4.24%
37%	48	$7,920,000	$165,000	$4,021	4.35%
44%	32	$4,640,000	$145,000	$2,521	4.18%
43%	27	$6,005,000	$222,407	$3,901	3.21%
45%	12	$1,840,000	$153,333	$3,363	3.98%
46%	12	$1,970,000	$164,167	$3,362	3.21%
47%	12	$2,400,000	$200,000	$4,334	3.15%
49%	10	$2,160,000	$216,000	$4,544	3.44%
48%	8	$1,270,000	$158,750	$2,973	3.33%
50-60%	4	$260,000	$65,000	$2,040	5.28%
>60%	3	$485,000	$161,667	$3,623	4.13%

Members Cooperative lent most frequently to those with DTI ratios of 30-36%, with 284 originations. The next most common DTI ratio? 20-30%, with 283 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	1,026	$147,240,000	$143,509	$3,374	4.30%
Not provided	95	$13,355,000	$140,579	$3,255	4.72%
Not applicable	51	$7,065,000	$138,529	$0	4.64%
American Indian	21	$2,875,000	$136,905	$3,328	4.32%
Black	25	$2,875,000	$115,000	$3,242	5.94%
Asian	7	$1,005,000	$143,571	$3,694	3.96%

Approval Rates

Total approvals of all applications
90.74%

Members Cooperative has an average approval rate.

Pick Rate

Approvals leading to origination
37.14%

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	$495,000	$99,000
1089.36	1	$105,000	$105,000
1119.02	1	$35,000	$35,000
1318.44	1	$135,000	$135,000
1343.27	1	$65,000	$65,000
1468.73	1	$35,000	$35,000
1569.1	1	$75,000	$75,000
16056.25	1	$125,000	$125,000
1625.7	1	$85,000	$85,000
1686.81	1	$55,000	$55,000
1706.81	1	$55,000	$55,000
1724.25	1	$85,000	$85,000
1758.25	1	$45,000	$45,000
1763.51	1	$85,000	$85,000
1799.0	1	$75,000	$75,000
1839.55	1	$55,000	$55,000
1847.3	1	$95,000	$95,000
1867.65	1	$95,000	$95,000
1920.63	1	$95,000	$95,000
1940.0	1	$65,000	$65,000
1954.59	1	$35,000	$35,000
1955.0	1	$45,000	$45,000
1968.17	1	$55,000	$55,000
1974.73	1	$55,000	$55,000
2038.51	1	$65,000	$65,000
2048.34	1	$45,000	$45,000
2054.05	1	$65,000	$65,000
2119.0	1	$45,000	$45,000
2136.5	1	$55,000	$55,000
2201.05	1	$75,000	$75,000
2209.01	1	$75,000	$75,000
2223.21	1	$145,000	$145,000
2271.54	1	$55,000	$55,000
2287.0	1	$45,000	$45,000
2299.0	3	$265,000	$88,333
2324.76	1	$75,000	$75,000
2332.48	1	$75,000	$75,000
2339.23	1	$55,000	$55,000
2411.0	1	$85,000	$85,000
2447.9	1	$65,000	$65,000
2456.11	1	$85,000	$85,000
2457.63	1	$85,000	$85,000
2490.16	1	$125,000	$125,000
2506.1	1	$85,000	$85,000
2512.0	1	$85,000	$85,000
2513.88	1	$85,000	$85,000
2554.69	1	$85,000	$85,000
2574.79	1	$85,000	$85,000
2591.17	1	$125,000	$125,000
2602.65	1	$95,000	$95,000
2629.79	1	$135,000	$135,000
2645.41	1	$95,000	$95,000
2647.38	1	$95,000	$95,000
2683.24	1	$95,000	$95,000
2689.02	1	$95,000	$95,000
2696.71	1	$95,000	$95,000
2706.17	1	$95,000	$95,000
2759.29	1	$135,000	$135,000
2804.6	1	$105,000	$105,000
2851.69	1	$105,000	$105,000
2891.33	1	$105,000	$105,000
2895.18	1	$105,000	$105,000
2900.0	1	$85,000	$85,000
2959.0	1	$105,000	$105,000
2999.45	1	$105,000	$105,000
3024.34	1	$85,000	$85,000
3057.53	1	$115,000	$115,000
3071.68	1	$115,000	$115,000
3093.64	1	$105,000	$105,000
3132.74	1	$115,000	$115,000
3187.85	1	$115,000	$115,000
3221.63	1	$125,000	$125,000
3240.24	1	$125,000	$125,000
3282.89	1	$105,000	$105,000
3293.51	1	$105,000	$105,000
3309.36	1	$125,000	$125,000
3322.8	1	$115,000	$115,000
3460.66	1	$135,000	$135,000
3480.0	1	$275,000	$275,000
3547.56	1	$135,000	$135,000
3551.46	1	$135,000	$135,000
3623.73	1	$145,000	$145,000
3630.6	1	$145,000	$145,000
3727.86	1	$145,000	$145,000
3794.99	1	$145,000	$145,000
3852.45	1	$155,000	$155,000
3973.37	1	$155,000	$155,000
4758.0	1	$385,000	$385,000
4778.64	1	$195,000	$195,000
4871.87	1	$135,000	$135,000
4879.35	1	$135,000	$135,000
5064.17	1	$125,000	$125,000
767.63	1	$75,000	$75,000
791.42	1	$75,000	$75,000
799.0	104	$9,680,000	$93,077
NA	1,021	$154,755,000	$151,572

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	9	$2,905,000	$322,778
Single Family (1-4 Units):Manufactured	384	$42,160,000	$109,792
Single Family (1-4 Units):Site-Built	832	$129,350,000	$155,469

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	64	$4,420,000	$69,063	$1,925	4.67%
40-60%	109	$12,495,000	$114,633	$3,054	3.59%
60-80%	324	$52,010,000	$160,525	$3,611	3.87%
80-100%	683	$103,665,000	$151,779	$3,681	4.57%
Over 100%	6	$800,000	$133,333	$4,728	5.33%
Under 20%	39	$1,025,000	$26,282	$441	6.78%

Complaints

Bank Name	Product	Issue	2020 CPFB Complaints	% of Total Issues
MEMBER MORTGAGE SERVICES	FHA mortgage	Applying for a mortgage or refinancing an existing mortgage	1	100.0%