Cooperativa A/c Oriental Mortgage Rates, Fees & Info
Humacao, PRLEI: 549300J7DJ7V4CSZCK98
Tax ID: 66-0287790
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Cooperativa A/c Oriental is a smaller mortgage company specializing in Home Purchase loans. They also have a high ratio of USDA loans. Cooperativa A/c Oriental has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: San Juan, Aguadilla, Ponce, San GermÁn, and Yauco among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Cooperativa A/c Oriental 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. Cooperativa A/c Oriental is typically an average 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 relatively high 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 | 7.10% | 11/17/24 |
| 30 Year FHA Purchase | 6.47% | 11/17/24 |
| 30 Year FHA Refi | 6.71% | 11/17/24 |
| 30 Year USDA Purchase | 6.42% | 11/17/24 |
| 15 Year Conventional Refi | 6.30% | 11/17/24 |
| 15 Year Cash-out Refi | 6.30% | 11/17/24 |
| 15 Year FHA Refi | 6.21% | 11/17/24 |
| 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. | ||
Cooperativa A/c Oriental Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Cooperativa A/c Oriental. 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
67Origination Dollar Volume (All Markets)
$7,395,000Awards
Cooperativa A/C Oriental - 2023
Cooperativa A/C Oriental is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
Work for Cooperativa A/C Oriental?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Cooperativa A/c Oriental's average 30 year fixed mortgage rate was
6.65%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.17%.
Relative Fees (Closing Costs)
Cooperativa A/c Oriental's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,023.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
|---|---|---|---|---|---|
| SAN JUAN-BAYAMÓN-CAGUAS, PR (FHA|USDA|VA) | 55 | $6,295,000 | $114,455 | $6,836 | 6.67% |
| AGUADILLA-ISABELA, PR (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $5,911 | 6.92% |
| PONCE, PR (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $5,863 | 6.75% |
| SAN GERMÁN, PR (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,554 | 6.75% |
| Outside of Metro Areas | 2 | $160,000 | $80,000 | $0 | 6.75% |
| YAUCO, PR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,491 | 6.25% |
| Coco, PR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,686 | 7.75% |
| GUAYAMA, PR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $4,226 | 7.75% |
| Santa Isabel, PR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Cooperativa A/C Oriental based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 14
Similarity Rank: 22
Similarity Rank: 26
Similarity Rank: 27
Similarity Rank: 30
Similarity Rank: 39
Similarity Rank: 46
Similarity Rank: 95
Similarity Rank: 123
Similarity Rank: 128
Product Mix
For 2023, Cooperativa A/c Oriental's most frequently originated type of loan was USDA, with 29 originations. Their 2nd most popular type was Conventional, with 26 originations.
Loan Reason
For 2023, Cooperativa A/c Oriental's most frequently cited loan purpose was Home Purchase, with 55 originations. The 2nd most popular reason was Refi, with 6 originations.
Loan Duration/Length
For 2023, Cooperativa A/c Oriental's most frequently cited loan duration was 30 Year, with 60 originations. The 2nd most popular length was 15 Year, with 4 originations.
Origination Fees/Closing Costs
Cooperativa A/c Oriental's average total fees were $7,023, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 30 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 56 | $6,300,000 | $112,500 |
| 7-8% | 9 | $595,000 | $66,111 |
| 5-6% | 1 | $455,000 | $455,000 |
During 2023, Cooperativa A/c Oriental's average interest rate for loans was 6.65%, while their most frequently originated rate bucket for loans was 6-7%, with 56 originations.
Loan Sizing
2023 saw Cooperativa A/c Oriental place emphasis on $100,000 or less loans with 40 originations, totaling $2,640,000 in origination value.
Applicant Income
Cooperativa A/c Oriental lent most frequently to those with incomes in the $50k or less range, with 44 originations. The second most popular income band? $100k-150k, with 8 originations.
Applicant Debt to Income Ratio
Cooperativa A/c Oriental lent most frequently to those with DTI ratios of 20-30%, with 19 originations. The next most common DTI ratio? 30-36%, with 15 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.32%
Cooperativa A/c Oriental has an average approval rate.
Pick Rate
Approvals leading to origination86.57%
Cooperativa A/c Oriental has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4030.3 | 1 | $145,000 | $145,000 |
| NA | 66 | $7,250,000 | $109,848 |