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. Cooperativa A/c Oriental has a high proportion of conventional loans. They also have a high ratio of USDA loans. They have an average proportion of FHA loans. Cooperativa A/c Oriental has a low ratio of conventional loans. Their top markets by origination volume include: San Juan, Ponce, Santa Isabel, Aguadilla, and Yauco among others. We have data for 6 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 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 | 7.10% | 12/16/24 |
| 30 Year FHA Purchase | 6.47% | 12/16/24 |
| 30 Year FHA Refi | 6.71% | 12/16/24 |
| 30 Year USDA Purchase | 6.42% | 12/16/24 |
| 15 Year Conventional Refi | 6.30% | 12/16/24 |
| 15 Year Cash-out Refi | 6.30% | 12/16/24 |
| 15 Year FHA Refi | 6.21% | 12/16/24 |
| 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
68Origination Dollar Volume (All Markets)
$6,800,000Awards
Cooperativa A/C Oriental - 2019
Cooperativa A/C Oriental is a 2019 , due to their low .
For 2019, 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.
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) | 59 | $6,155,000 | $104,322 | $6,568 | 4.39% |
| PONCE, PR (FHA|USDA|VA) | 4 | $250,000 | $62,500 | $5,976 | 5.69% |
| Outside of Metro Areas | 2 | $150,000 | $75,000 | $8,721 | 6.75% |
| Santa Isabel, PR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,378 | 5.00% |
| AGUADILLA-ISABELA, PR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,372 | 4.88% |
| YAUCO, PR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $7,482 | 5.00% |
Their top states include:
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: 24
Similarity Rank: 56
Similarity Rank: 86
Similarity Rank: 141
Similarity Rank: 172
Similarity Rank: 184
Similarity Rank: 204
Similarity Rank: 300
Similarity Rank: 325
Similarity Rank: 335
Product Mix
For 2019, Cooperativa A/c Oriental's most frequently originated type of loan was Conventional, with 32 originations. Their 2nd most popular type was USDA, with 24 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 57 | $5,935,000 | $104,123 | $6,685 | 4.61% |
| Refi | 11 | $865,000 | $78,636 | $5,823 | 4.34% |
For 2019, Cooperativa A/c Oriental's most frequently cited loan purpose was Home Purchase, with 57 originations. The 2nd most popular reason was Refi, with 11 originations.
Loan Duration/Length
For 2019, Cooperativa A/c Oriental's most frequently cited loan duration was 30 Year, with 63 originations. The 2nd most popular length was 15 Year, with 3 originations.
Origination Fees/Closing Costs
Cooperativa A/c Oriental's average total fees were $6,630, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 26 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 32 | $3,120,000 | $97,500 |
| 3-4% | 25 | $2,725,000 | $109,000 |
| 6-7% | 7 | $585,000 | $83,571 |
| 5-6% | 3 | $215,000 | $71,667 |
| 7-8% | 1 | $155,000 | $155,000 |
During 2019, Cooperativa A/c Oriental's average interest rate for loans was 4.51%, while their most frequently originated rate bucket for loans was 4-5%, with 32 originations.
Loan Sizing
2019 saw Cooperativa A/c Oriental place emphasis on $100,000 or less loans with 39 originations, totaling $2,845,000 in origination value.
Applicant Income
Cooperativa A/c Oriental lent most frequently to those with incomes in the $50k or less range, with 47 originations. The second most popular income band? $50k-75k, with 12 originations.
Applicant Debt to Income Ratio
Cooperativa A/c Oriental lent most frequently to those with DTI ratios of 20-30%, with 18 originations. The next most common DTI ratio? 30-36%, with 9 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.00%
Cooperativa A/c Oriental has an average approval rate.
Pick Rate
Approvals leading to origination80.88%
Cooperativa A/c Oriental has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 68 | $6,800,000 | $100,000 |