Digital Federal Credit Union Mortgage Rates, Fees & Info

Marlborough, MA

LEI: 549300JPGMCMBEJEK584

Tax ID: 04-2683316

5 stars - out of 5 stars, based on 82 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Digital Federal Credit Union is a small credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. Digital Federal Credit Union has a high proportion of conventional loans. Their top markets include Cambridge, Worcester, Boston, Manchester, and Rockingham County among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Digital Federal Credit Union is typically an average fee lendor.


Originations

6,759

Origination Dollar Volume (All Markets)

$1,545,125,000
Show all (6) awards

Relative Rate

Digital Federal Credit Union's average 30 year fixed rate mortgage of loans were 3.22%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.14%.

Relative Fees

Digital Federal Credit Union's average total fees for a 30 year fixed rate mortgage are $4,886.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 1,610 $385,220,000 $239,267 $3,451 3.49%
WORCESTER, MA-CT (FHA|USDA|VA) 1,190 $221,640,000 $186,252 $3,173 3.49%
BOSTON, MA (FHA|USDA|VA) 454 $180,330,000 $397,203 $3,856 3.59%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 738 $127,980,000 $173,415 $3,278 3.45%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 233 $48,915,000 $209,936 $3,160 3.46%
Outside of Metro Areas 251 $45,665,000 $181,932 $3,140 3.48%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 210 $42,950,000 $204,524 $3,583 3.40%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 135 $35,745,000 $264,778 $3,799 3.38%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 112 $24,500,000 $218,750 $3,616 3.33%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 54 $22,120,000 $409,630 $4,533 3.24%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 80 $18,270,000 $228,375 $3,717 3.39%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 51 $18,145,000 $355,784 $4,329 3.43%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 34 $16,170,000 $475,588 $7,039 3.27%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 58 $14,640,000 $252,414 $3,171 3.65%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 61 $14,435,000 $236,639 $2,918 3.48%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 40 $13,390,000 $334,750 $5,519 3.24%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 64 $13,270,000 $207,344 $3,386 3.54%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 48 $11,440,000 $238,333 $3,440 3.29%
NEWARK, NJ-PA (FHA|USDA|VA) 41 $10,835,000 $264,268 $5,543 3.05%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 46 $10,530,000 $228,913 $3,321 3.26%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 53 $10,445,000 $197,075 $3,172 3.46%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 31 $10,295,000 $332,097 $6,031 3.10%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 36 $10,030,000 $278,611 $6,275 3.29%
RALEIGH-CARY, NC (FHA|USDA|VA) 31 $8,475,000 $273,387 $2,285 3.25%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 34 $8,360,000 $245,882 $4,245 3.56%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 42 $7,860,000 $187,143 $3,122 3.42%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 38 $7,750,000 $203,947 $3,543 3.24%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 34 $7,460,000 $219,412 $3,421 3.23%
SPRINGFIELD, MA (FHA|USDA|VA) 43 $7,425,000 $172,674 $2,866 3.51%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 21 $7,285,000 $346,905 $7,249 3.50%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 29 $7,115,000 $245,345 $4,148 3.42%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 28 $6,280,000 $224,286 $2,682 3.35%
COLORADO SPRINGS, CO (FHA|USDA|VA) 26 $5,560,000 $213,846 $3,374 3.58%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 20 $5,410,000 $270,500 $3,868 3.49%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 24 $5,150,000 $214,583 $2,086 3.57%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 8 $4,940,000 $617,500 $23,108 3.31%
NASSAU COUNTY-SUFFOLK COUNTY, NY (FHA|USDA|VA) 17 $4,345,000 $255,588 $4,495 3.87%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 24 $4,250,000 $177,083 $2,539 3.28%
ST. LOUIS, MO-IL (FHA|USDA|VA) 20 $3,830,000 $191,500 $2,887 3.36%
KANSAS CITY, MO-KS (FHA|USDA|VA) 17 $3,545,000 $208,529 $3,119 3.29%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 19 $3,485,000 $183,421 $2,905 3.15%
STOCKTON, CA (FHA|USDA|VA) 9 $3,405,000 $378,333 $5,017 3.30%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 12 $3,400,000 $283,333 $4,206 3.19%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 22 $3,290,000 $149,545 $1,516 3.88%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 13 $3,105,000 $238,846 $7,066 3.19%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 15 $3,095,000 $206,333 $1,497 3.19%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 13 $3,015,000 $231,923 $4,369 3.14%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 13 $2,985,000 $229,615 $6,646 3.31%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 11 $2,965,000 $269,545 $6,862 2.94%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 11 $2,905,000 $264,091 $4,172 3.08%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 11 $2,895,000 $263,182 $4,242 3.15%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 11 $2,695,000 $245,000 $5,490 3.52%
JACKSONVILLE, FL (FHA|USDA|VA) 17 $2,675,000 $157,353 $1,980 3.45%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 8 $2,350,000 $293,750 $3,946 3.53%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 11 $2,265,000 $205,909 $3,862 3.41%
CAMDEN, NJ (FHA|USDA|VA) 13 $2,205,000 $169,615 $3,540 3.28%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 10 $2,080,000 $208,000 $4,338 3.69%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 10 $2,060,000 $206,000 $5,351 3.42%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 10 $2,010,000 $201,000 $2,459 3.93%
COLUMBUS, OH (FHA|USDA|VA) 13 $1,985,000 $152,692 $2,225 3.39%
PHILADELPHIA, PA (FHA|USDA|VA) 8 $1,960,000 $245,000 $4,370 2.70%
RICHMOND, VA (FHA|USDA|VA) 9 $1,935,000 $215,000 $1,452 3.44%
PITTSFIELD, MA (FHA|USDA|VA) 10 $1,900,000 $190,000 $3,589 2.98%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 13 $1,725,000 $132,692 $2,848 3.04%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 8 $1,690,000 $211,250 $4,065 3.03%
PITTSBURGH, PA (FHA|USDA|VA) 10 $1,650,000 $165,000 $3,197 3.40%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 9 $1,565,000 $173,889 $2,281 3.79%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $1,550,000 $258,333 $3,385 3.10%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 8 $1,530,000 $191,250 $3,357 2.91%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $1,530,000 $255,000 $4,961 3.25%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 5 $1,505,000 $301,000 $3,556 3.27%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 7 $1,465,000 $209,286 $4,359 3.05%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 8 $1,450,000 $181,250 $2,271 3.32%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 7 $1,405,000 $200,714 $1,348 4.07%
ALBUQUERQUE, NM (FHA|USDA|VA) 7 $1,365,000 $195,000 $2,456 3.64%
COLUMBIA, SC (FHA|USDA|VA) 7 $1,345,000 $192,143 $3,932 3.30%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 9 $1,345,000 $149,444 $2,507 3.33%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $1,245,000 $249,000 $3,745 3.10%
BOULDER, CO (FHA|USDA|VA) 4 $1,230,000 $307,500 $6,679 2.84%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 6 $1,120,000 $186,667 $3,813 3.48%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 9 $1,105,000 $122,778 $2,661 3.50%
KNOXVILLE, TN (FHA|USDA|VA) 4 $1,090,000 $272,500 $13,805 2.91%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,085,000 $217,000 $2,707 2.75%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 6 $1,080,000 $180,000 $1,558 3.37%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 7 $1,065,000 $152,143 $3,507 2.93%
FORT COLLINS, CO (FHA|USDA|VA) 4 $1,060,000 $265,000 $4,323 3.13%
DOVER, DE (FHA|USDA|VA) 5 $1,025,000 $205,000 $4,135 3.35%
GAINESVILLE, GA (FHA|USDA|VA) 1 $1,015,000 $1,015,000 $12,368 3.50%
BAKERSFIELD, CA (FHA|USDA|VA) 3 $1,015,000 $338,333 $5,259 3.17%
SAN RAFAEL, CA (FHA|USDA|VA) 2 $1,000,000 $500,000 $17,140 3.63%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $990,000 $165,000 $3,177 3.33%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 9 $975,000 $108,333 $2,804 3.43%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 4 $970,000 $242,500 $3,949 3.53%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 6 $940,000 $156,667 $5,564 4.10%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 2 $930,000 $465,000 $3,063 2.81%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 5 $905,000 $181,000 $2,575 3.15%
TUCSON, AZ (FHA|USDA|VA) 8 $890,000 $111,250 $3,302 3.36%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 3 $845,000 $281,667 $4,314 2.67%
TULSA, OK (FHA|USDA|VA) 2 $810,000 $405,000 $18,377 4.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $740,000 $185,000 $2,102 3.00%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $740,000 $370,000 $10,652 3.19%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $710,000 $355,000 $4,504 3.25%
WILMINGTON, NC (FHA|USDA|VA) 3 $705,000 $235,000 $2,675 3.42%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $660,000 $165,000 $2,379 3.69%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $620,000 $155,000 $2,535 3.75%
GREELEY, CO (FHA|USDA|VA) 3 $595,000 $198,333 $2,513 4.45%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $585,000 $195,000 $1,258 3.75%
ASHEVILLE, NC (FHA|USDA|VA) 3 $575,000 $191,667 $3,337 3.87%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 3 $575,000 $191,667 $1,973 3.25%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $555,000 $185,000 $2,838 3.66%
ROCHESTER, NY (FHA|USDA|VA) 3 $545,000 $181,667 $2,465 2.88%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 2 $520,000 $260,000 $1,180 3.25%
MODESTO, CA (FHA|USDA|VA) 2 $480,000 $240,000 $6,315 3.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $470,000 $117,500 $4,208 3.03%
ANN ARBOR, MI (FHA|USDA|VA) 2 $470,000 $235,000 $2,700 4.00%
ELGIN, IL (FHA|USDA|VA) 3 $465,000 $155,000 $2,972 3.50%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 2 $460,000 $230,000 $4,510 2.81%
GARY, IN (FHA|USDA|VA) 3 $435,000 $145,000 $1,051 3.83%
BOISE CITY, ID (FHA|USDA|VA) 2 $420,000 $210,000 $2,606 3.00%
NILES, MI (FHA|USDA|VA) 2 $400,000 $200,000 $1,197 2.31%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $400,000 $200,000 $5,201 3.19%
CARSON CITY, NV (FHA|USDA|VA) 1 $395,000 $395,000 $3,857 2.75%
PUEBLO, CO (FHA|USDA|VA) 2 $390,000 $195,000 $5,895 3.31%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $385,000 $385,000 $3,296 3.38%
MADERA, CA (FHA|USDA|VA) 1 $385,000 $385,000 $7,695 3.00%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 3 $385,000 $128,333 $4,095 2.92%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $380,000 $190,000 $2,370 3.25%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $365,000 $365,000 $11,836 2.38%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $360,000 $180,000 $3,142 3.06%
BURLINGTON, NC (FHA|USDA|VA) 3 $355,000 $118,333 $2,121 3.50%
SALINAS, CA (FHA|USDA|VA) 1 $355,000 $355,000 $1,865 2.63%
THE VILLAGES, FL (FHA|USDA|VA) 4 $350,000 $87,500 $608 3.31%
WACO, TX (FHA|USDA|VA) 1 $345,000 $345,000 $5,935 3.38%
SYRACUSE, NY (FHA|USDA|VA) 2 $340,000 $170,000 $2,110 2.94%
SAVANNAH, GA (FHA|USDA|VA) 2 $340,000 $170,000 $3,390 3.38%
READING, PA (FHA|USDA|VA) 3 $335,000 $111,667 $3,459 3.12%
LYNCHBURG, VA (FHA|USDA|VA) 1 $335,000 $335,000 $2,765 3.00%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $325,000 $325,000 $6,302 3.50%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 2 $320,000 $160,000 $5,119 3.44%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $310,000 $155,000 $2,335 2.81%
ITHACA, NY (FHA|USDA|VA) 1 $305,000 $305,000 $1,941 3.38%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $300,000 $150,000 $3,495 3.19%
MADISON, WI (FHA|USDA|VA) 1 $295,000 $295,000 $5,806 3.00%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $290,000 $145,000 $6,090 2.69%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $290,000 $145,000 $2,023 3.81%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $290,000 $145,000 $1,865 2.69%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $285,000 $285,000 $4,462 3.25%
ERIE, PA (FHA|USDA|VA) 1 $275,000 $275,000 $3,838 2.25%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $275,000 $91,667 $2,080 3.29%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $275,000 $91,667 $1,241 2.92%
BISMARCK, ND (FHA|USDA|VA) 1 $265,000 $265,000 $3,335 2.63%
WICHITA, KS (FHA|USDA|VA) 1 $265,000 $265,000 $4,854 3.00%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $255,000 $255,000 $5,327 3.00%
ROANOKE, VA (FHA|USDA|VA) 1 $255,000 $255,000 $2,016 2.75%
TOPEKA, KS (FHA|USDA|VA) 1 $245,000 $245,000 $4,324 2.50%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $245,000 $245,000 $0 4.50%
FRESNO, CA (FHA|USDA|VA) 3 $235,000 $78,333 $868 4.37%
GREEN BAY, WI (FHA|USDA|VA) 1 $235,000 $235,000 $1,585 2.88%
MONROE, LA (FHA|USDA|VA) 1 $215,000 $215,000 $4,808 2.75%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $3,306 3.13%
FLINT, MI (FHA|USDA|VA) 1 $215,000 $215,000 $2,412 3.38%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $210,000 $105,000 $2,086 3.06%
MUNCIE, IN (FHA|USDA|VA) 2 $200,000 $100,000 $1,425 3.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $200,000 $100,000 $4,427 3.81%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.38%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $190,000 $95,000 $2,166 3.43%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $185,000 $185,000 $2,656 2.50%
LAS CRUCES, NM (FHA|USDA|VA) 1 $175,000 $175,000 $6,566 2.63%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $165,000 $165,000 $1,906 2.75%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $165,000 $165,000 $2,551 4.00%
EL PASO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $2,655 3.13%
OCALA, FL (FHA|USDA|VA) 2 $160,000 $80,000 $3,747 2.88%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $2,425 3.25%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $155,000 $155,000 $4,950 2.13%
RENO, NV (FHA|USDA|VA) 1 $145,000 $145,000 $4,211 2.50%
GETTYSBURG, PA (FHA|USDA|VA) 1 $135,000 $135,000 $3,723 3.63%
FLORENCE, SC (FHA|USDA|VA) 1 $135,000 $135,000 $2,174 2.88%
REDDING, CA (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.49%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $135,000 $135,000 $3,386 3.75%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $115,000 $115,000 $2,642 3.00%
LAFAYETTE, LA (FHA|USDA|VA) 1 $95,000 $95,000 $3,112 3.63%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $95,000 $95,000 $2,777 2.88%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $80,000 $40,000 $0 3.75%
MOBILE, AL (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.00%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.00%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.50%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $75,000 $75,000 $1,980 2.88%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $65,000 $65,000 $2,607 4.13%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.00%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $65,000 $65,000 $2,750 3.25%
AMARILLO, TX (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.74%
BRUNSWICK, GA (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.50%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.00%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $45,000 $45,000 $0 3.49%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $45,000 $45,000 $0 3.49%
GREENVILLE, NC (FHA|USDA|VA) 1 $45,000 $45,000 $0 4.74%
AKRON, OH (FHA|USDA|VA) 1 $45,000 $45,000 $0 3.00%
JACKSON, MS (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.74%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.00%
LANCASTER, PA (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.00%
TOLEDO, OH (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.74%
KANKAKEE, IL (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.74%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $25,000 $25,000 $0 3.74%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 3.74%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.74%

Digital Federal Credit Union's top markets include Cambridge, Worcester, Boston, Manchester, and Rockingham County among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 6,756 $1,544,180,000 $228,564 $3,465 3.45%
VA 3 $945,000 $315,000 $3,584 3.71%

For the 2020 period, Digital Federal Credit Union's most frequently originated loan type of loans were Conventional, with 6,756 originations. Their 2nd most popular type is VA, with 3 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Cash Out Refi 1,787 $400,755,000 $224,261 $4,370 3.41%
Refi 1,783 $590,085,000 $330,951 $3,740 3.04%
Home Improvement 1,256 $98,520,000 $78,439 $22 4.02%
Home Purchase 1,209 $383,535,000 $317,233 $4,421 3.26%
Other 724 $72,230,000 $99,765 $287 3.89%

For the 2020, Digital Federal Credit Union's most frequently cited loan purpose of loans were Cash Out Refi, with 1,787 originations. The 2nd most popular reason of loans were Refi, with 1,783 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,343 $764,015,000 $326,084 $4,886 3.22%
30+ year 1,592 $194,760,000 $122,337 $5,082 3.37%
15 Year 1,300 $283,440,000 $218,031 $2,648 3.42%
20 Year 623 $129,635,000 $208,082 $3,176 3.87%
10 Year 590 $144,760,000 $245,356 $1,394 3.96%
5 Year 303 $15,195,000 $50,149 $0 3.86%
Other 8 $13,320,000 $1,665,000 $7,223 3.88%

For the 2020, Digital Federal Credit Union's most frequently cited loan length of loans were 30 Year, with 2,343 originations. The 2nd most popular length of loans were 30+ year, with 1,592 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 2,400 $404,940,000 $168,725
$1k-2k 837 $216,565,000 $258,740
$3k-4k 637 $198,725,000 $311,970
$5k+ 625 $257,045,000 $411,272
$2k-3k 520 $147,650,000 $283,942

$4,886 of loans were Digital Federal Credit Union's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 2,400 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 2,965 $668,705,000 $225,533
3-4% 2,241 $687,925,000 $306,972
4-5% 821 $85,485,000 $104,123
5-6% 351 $23,065,000 $65,712
<2.5% 312 $75,300,000 $241,346
6-7% 69 $4,645,000 $67,319

During 2020, Digital Federal Credit Union's average interest rate of loans were 3.22%, while their most frequently originated rate bucket of loans were 2.5-3%, with 2,965 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,324 $651,570,000 $280,366 $4,264 3.16%
$100,000 or less 1,936 $101,480,000 $52,417 $345 4.06%
$100k-200k 1,647 $243,685,000 $147,957 $2,706 3.28%
$400k-600k 611 $289,965,000 $474,574 $5,951 3.17%
$600k-1MM 187 $134,245,000 $717,888 $8,935 3.12%
$1MM+ 54 $124,180,000 $2,299,630 $13,821 3.45%

2020 saw Digital Federal Credit Union place emphasis on $200k-400k loans with 2,324 originations, totaling $651,570,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 2,123 $429,315,000 $202,221 $3,364 3.47%
$150k-250k 1,859 $454,485,000 $244,478 $3,796 3.43%
$75k-100k 1,039 $182,965,000 $176,097 $3,170 3.47%
$50k-75k 776 $116,300,000 $149,871 $2,966 3.50%
$250k+ 584 $206,050,000 $352,825 $4,997 3.37%
$50k or less 230 $26,090,000 $113,435 $2,632 3.39%

Digital Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 2,123 originations. The second most popular income band? $150k-250k, with 1,859 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,997 $446,735,000 $223,703 $3,644 3.32%
30-36% 1,322 $287,410,000 $217,405 $3,607 3.45%
<20% 714 $157,680,000 $220,840 $3,401 3.16%
44% 233 $45,605,000 $195,730 $3,065 3.65%
38% 224 $50,800,000 $226,786 $3,633 3.54%
36% 221 $43,995,000 $199,072 $3,120 3.49%
37% 212 $48,010,000 $226,462 $3,320 3.48%
49% 208 $31,250,000 $150,240 $1,724 3.83%
39% 207 $44,265,000 $213,841 $3,156 3.56%
42% 195 $41,515,000 $212,897 $4,146 3.65%
41% 187 $40,815,000 $218,262 $3,607 3.51%
40% 184 $37,100,000 $201,630 $3,769 3.54%
43% 170 $37,210,000 $218,882 $3,947 3.71%
47% 149 $26,945,000 $180,839 $2,868 3.79%
45% 147 $28,605,000 $194,592 $2,801 3.70%
46% 136 $26,140,000 $192,206 $3,561 3.64%
48% 126 $23,600,000 $187,302 $2,366 3.81%
50-60% 65 $13,965,000 $214,846 $3,298 3.67%
>60% 4 $850,000 $212,500 $4,595 3.34%

Digital Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 1,997 originations. The next most common DTI ratio? 30-36%, with 1,322 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 3,894 $759,400,000 $195,018 $3,244 3.52%
Not provided 1,128 $272,070,000 $241,197 $3,825 3.32%
Asian 1,019 $247,905,000 $243,283 $3,696 3.35%
Not applicable 57 $112,545,000 $1,974,474 $0 3.64%
Asian Indian 334 $85,430,000 $255,778 $3,625 3.27%
Black 239 $49,525,000 $207,218 $3,952 3.58%
American Indian 36 $7,950,000 $220,833 $4,502 3.34%
Other Asian 24 $5,240,000 $218,333 $4,052 3.36%
Native Hawaiian 5 $1,365,000 $273,000 $8,105 3.27%
Other Pacific Islander 5 $965,000 $193,000 $5,517 3.82%
Vietnamese 4 $780,000 $195,000 $2,128 2.75%
Korean 3 $585,000 $195,000 $0 3.58%
Filipino 6 $560,000 $93,333 $1,023 3.62%
Japanese 2 $310,000 $155,000 $2,955 3.19%
Samoan 1 $275,000 $275,000 $2,413 3.38%
Chinese 2 $220,000 $110,000 $4,671 2.81%

Approval Rates

Total approvals of all applications
82.53%

Digital Federal Credit Union has a below average approval rate.

Pick Rate

Approvals leading to origination
55.95%

Digital Federal Credit Union 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
NA 6,759 $1,545,125,000 $228,603

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Site-Built 39 $95,855,000 $2,457,821
Single Family (1-4 Units):Manufactured 6 $470,000 $78,333
Single Family (1-4 Units):Site-Built 6,714 $1,448,800,000 $215,788

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,024 $159,530,000 $155,791 $1,690 3.51%
40-60% 1,027 $320,375,000 $311,952 $3,102 3.11%
60-80% 1,848 $608,720,000 $329,394 $5,062 3.14%
80-100% 1,053 $346,375,000 $328,941 $4,860 3.22%
Under 20% 1,807 $110,125,000 $60,944 $105 4.05%