Orange County's Credit Union Mortgage Rates, Fees & Info

Santa Ana, CA

LEI: 549300KDDWLC5I8K6C44

Tax ID: 95-1797779

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Orange County's Credit Union is a smaller credit union specializing in Other and Refi loans. Orange County's Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, San Diego, Sacramento, and San Francisco among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Orange County's 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. Orange County's Credit Union 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 5.79% 12/16/24
    30 Year Conventional Refi 6.34% 12/16/24
    30 Year Cash-out Refi 6.44% 12/16/24
    15 Year Conventional Purchase 6.61% 12/16/24
    15 Year Conventional Refi 6.19% 12/16/24
    15 Year Cash-out Refi 6.19% 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.

    Orange County's Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Orange County's Credit Union. 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

    1,531

    Origination Dollar Volume (All Markets)

    $433,175,000
    Show all (5) awards

    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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1,215 $346,015,000 $284,786 $3,159 4.23%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 268 $62,820,000 $234,403 $3,157 4.22%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 18 $15,700,000 $872,222 $5,936 4.21%
    Outside of Metro Areas 7 $2,285,000 $326,429 $3,682 4.34%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 7 $2,015,000 $287,857 $3,512 4.11%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $1,260,000 $630,000 $5,135 3.31%
    BAKERSFIELD, CA (FHA|USDA|VA) 4 $670,000 $167,500 $2,975 4.34%
    FRESNO, CA (FHA|USDA|VA) 3 $595,000 $198,333 $3,052 3.83%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $555,000 $555,000 $0 4.99%
    STOCKTON, CA (FHA|USDA|VA) 1 $375,000 $375,000 $3,720 3.13%
    VISALIA, CA (FHA|USDA|VA) 1 $275,000 $275,000 $2,961 3.63%
    YUBA CITY, CA (FHA|USDA|VA) 1 $265,000 $265,000 $3,051 3.13%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $235,000 $235,000 $7,506 3.63%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $110,000 $55,000 $0 5.25%
    Orange County's Credit Union's top markets include Los Angeles, Riverside, San Diego, Sacramento, and San Francisco among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against ORANGE COUNTY'S CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    MYPOINT Credit Union
    Similarity Rank: 147
    Christian Community Credit Union
    Similarity Rank: 220
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 290
    SOUTHLAND CREDIT UNION
    Similarity Rank: 464
    LA Financial Federal Credit Union
    Similarity Rank: 951
    ARROWHEAD CENTRAL CREDIT UNION
    Similarity Rank: 1107
    LBS FINANCIAL
    Similarity Rank: 1176
    Water and Power Community Credit Union
    Similarity Rank: 1296
    I.L.W.U. CREDIT UNION
    Similarity Rank: 1368
    USC Credit Union
    Similarity Rank: 1416

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,141 $398,485,000 $349,242 $3,211 4.11%
    HELOC 390 $34,690,000 $88,949 n/a 4.56%

    For 2019, Orange County's Credit Union's most frequently originated type of loan was Conventional, with 1,141 originations. Their 2nd most popular type was HELOC, with 390 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 686 $107,700,000 $156,997 $2,683 4.52%
    Refi 381 $160,385,000 $420,958 $2,415 3.89%
    Home Purchase 181 $84,235,000 $465,387 $5,273 3.90%
    Home Improvement 178 $45,040,000 $253,034 $2,751 4.31%
    Cash Out Refi 105 $35,815,000 $341,095 $3,458 3.94%

    For 2019, Orange County's Credit Union's most frequently cited loan purpose was Other, with 686 originations. The 2nd most popular reason was Refi, with 381 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 770 $324,000,000 $420,779 $3,370 3.91%
    Other 400 $36,370,000 $90,925 $2,180 4.55%
    15 Year 213 $30,195,000 $141,761 $2,510 4.40%
    20 Year 121 $17,075,000 $141,116 $2,545 4.94%
    10 Year 17 $11,245,000 $661,471 $1,707 3.97%
    5 Year 10 $14,290,000 $1,429,000 $1,550 4.16%

    For 2019, Orange County's Credit Union's most frequently cited loan duration was 30 Year, with 770 originations. The 2nd most popular length was Other, with 400 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 363 $148,885,000 $410,152
    $1k-2k 198 $71,370,000 $360,455
    $2k-3k 123 $44,565,000 $362,317
    $5k+ 70 $31,260,000 $446,571
    $3k-4k 59 $20,565,000 $348,559
    $4k-5k 46 $19,220,000 $417,826

    Orange County's Credit Union's average total fees were $3,370, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 363 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 720 $287,440,000 $399,222
    4-5% 644 $121,200,000 $188,199
    5-6% 137 $11,235,000 $82,007
    2.5-3% 27 $12,975,000 $480,556
    6-7% 3 $325,000 $108,333

    During 2019, Orange County's Credit Union's average interest rate for loans was 3.91%, while their most frequently originated rate bucket for loans was 3-4%, with 720 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 441 $23,735,000 $53,821 $1,303 4.78%
    $200k-400k 417 $124,255,000 $297,974 $2,711 3.91%
    $400k-600k 300 $143,820,000 $479,400 $3,729 3.91%
    $100k-200k 248 $34,010,000 $137,137 $2,456 4.41%
    $600k-1MM 112 $80,650,000 $720,089 $4,687 3.69%
    $1MM+ 13 $26,705,000 $2,054,231 $5,075 3.75%

    2019 saw Orange County's Credit Union place emphasis on $100,000 or less loans with 441 originations, totaling $23,735,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 472 $133,740,000 $283,347 $3,426 4.25%
    $150k-250k 379 $129,085,000 $340,594 $3,655 4.20%
    $75k-100k 291 $66,745,000 $229,364 $2,843 4.22%
    $50k-75k 226 $44,870,000 $198,540 $2,608 4.26%
    $250k+ 87 $48,615,000 $558,793 $4,265 4.17%
    $50k or less 74 $9,250,000 $125,000 $2,231 4.22%

    Orange County's Credit Union lent most frequently to those with incomes in the $100k-150k range, with 472 originations. The second most popular income band? $150k-250k, with 379 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 291 $75,255,000 $258,608 $2,500 4.18%
    30-36% 291 $83,715,000 $287,680 $3,155 4.18%
    <20% 157 $23,905,000 $152,261 $3,033 4.29%
    36% 62 $16,410,000 $264,677 $2,824 4.28%
    44% 61 $18,015,000 $295,328 $3,559 4.45%
    49% 59 $18,045,000 $305,847 $3,207 4.20%
    38% 59 $15,355,000 $260,254 $3,126 4.23%
    41% 58 $20,980,000 $361,724 $4,033 4.19%
    39% 56 $13,250,000 $236,607 $3,736 4.29%
    45% 53 $16,945,000 $319,717 $3,993 3.95%
    43% 52 $15,760,000 $303,077 $3,465 4.24%
    40% 50 $14,810,000 $296,200 $4,337 4.32%
    42% 46 $12,600,000 $273,913 $2,687 4.32%
    48% 45 $12,005,000 $266,778 $4,096 4.41%
    47% 42 $12,660,000 $301,429 $3,877 4.32%
    37% 39 $11,975,000 $307,051 $3,533 4.02%
    46% 36 $11,090,000 $308,056 $3,351 4.27%
    50-60% 34 $8,560,000 $251,765 $2,773 4.13%
    >60% 25 $7,525,000 $301,000 $2,720 4.37%

    Orange County's Credit Union lent most frequently to those with DTI ratios of 20-30%, with 291 originations. The next most common DTI ratio? 30-36%, with 291 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 715 $196,695,000 $275,098 $3,110 4.24%
    White 653 $185,525,000 $284,112 $3,225 4.23%
    Asian 70 $23,970,000 $342,429 $3,977 4.02%
    Black 24 $6,140,000 $255,833 $4,979 4.42%
    Filipino 18 $5,150,000 $286,111 $1,973 4.33%
    Asian Indian 8 $3,470,000 $433,750 $2,179 4.16%
    American Indian 9 $2,405,000 $267,222 $5,061 4.22%
    Vietnamese 10 $2,250,000 $225,000 $4,563 4.65%
    Chinese 6 $2,180,000 $363,333 $3,070 4.02%
    3 $1,795,000 $598,333 $2,600 4.04%
    Other Asian 6 $1,430,000 $238,333 $1,879 4.38%
    Korean 5 $1,225,000 $245,000 $1,370 3.83%
    Japanese 2 $570,000 $285,000 $5,049 4.31%
    Native Hawaiian or Islander 1 $265,000 $265,000 $3,930 4.25%
    Native Hawaiian 1 $105,000 $105,000 $0 4.75%

    Approval Rates

    Total approvals of all applications
    83.91%

    Orange County's Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    67.15%

    Orange County's 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
    50.0 384 $34,250,000 $89,193
    NA 1,147 $398,925,000 $347,799

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 10 $20,590,000 $2,059,000
    Single Family (1-4 Units):Site-Built 1,521 $412,585,000 $271,259

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 182 $40,170,000 $220,714 $2,489 4.16%
    40-60% 204 $85,160,000 $417,451 $2,452 3.80%
    60-80% 403 $181,165,000 $449,541 $3,604 3.90%
    80-100% 176 $85,780,000 $487,386 $4,006 3.89%
    Under 20% 566 $40,900,000 $72,261 $1,286 4.74%