Fivepoint Credit Union Mortgage Rates, Fees & Info
Nederland, TXLEI: 549300HO5ZZCX2Z8V467
Tax ID: 74-1109889
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Fivepoint Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Fivepoint Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Beaumont, Houston, and Huntsville among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Fivepoint 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.
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Originations
263Origination Dollar Volume (All Markets)
$42,015,000Top 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 |
|---|---|---|---|---|---|
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 211 | $30,565,000 | $144,858 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 34 | $7,120,000 | $209,412 | $0 | 0.00% |
| Outside of Metro Areas | 17 | $4,175,000 | $245,588 | $0 | 0.00% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 263 | $42,015,000 | $159,753 | $0 | 0.00% |
For 2024, Fivepoint Credit Union's most frequently originated type of loan was Conventional, with 263 originations.
Loan Reason
For 2024, Fivepoint Credit Union's most frequently cited loan purpose was Refi, with 107 originations. The 2nd most popular reason was Home Purchase, with 87 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 263 | $42,015,000 | $159,753 | $0 | 0.00% |
For 2024, Fivepoint Credit Union's most frequently cited loan duration was Other, with 263 originations.
Loan Sizing
2024 saw Fivepoint Credit Union place emphasis on $100,000 or less loans with 110 originations, totaling $6,480,000 in origination value.
Applicant Income
Fivepoint Credit Union lent most frequently to those with incomes in the $100k-150k range, with 58 originations. The second most popular income band? $150k-250k, with 51 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 263 | $42,015,000 | $159,753 | $0 | 0.00% |
Fivepoint Credit Union lent most frequently to those with DTI ratios of Exempt%, with 263 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications78.69%
Fivepoint Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination77.95%
Fivepoint Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 263 | $42,015,000 | $159,753 |