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 Cash Out Refi and Home Purchase loans. Orange County's Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, Las Vegas, San Diego, and Phoenix among others. We have data for 12 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 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 5.79% 4/21/24
    30 Year Conventional Refi 6.34% 4/21/24
    30 Year Cash-out Refi 6.44% 4/21/24
    15 Year Conventional Purchase 6.61% 4/21/24
    15 Year Conventional Refi 6.19% 4/21/24
    15 Year Cash-out Refi 6.19% 4/21/24
    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

    1,489

    Origination Dollar Volume (All Markets)

    $361,185,000

    Awards

    ORANGE COUNTY'S CREDIT UNION 30 Year Conventional Loans gold ORANGE COUNTY'S CREDIT UNION 30 Year Conventional Loans silver ORANGE COUNTY'S CREDIT UNION 30 Year Conventional Loans silver
    Show all (3) 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) 1,196 $292,270,000 $244,373 $2,355 4.84%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 252 $53,650,000 $212,897 $2,683 4.88%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $3,575,000 $3,575,000 $0 4.75%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 18 $2,880,000 $160,000 $1,574 4.85%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $2,475,000 $2,475,000 $0 3.15%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 4 $2,120,000 $530,000 $1,899 4.19%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 5 $1,865,000 $373,000 $3,523 4.93%
    VALLEJO, CA (FHA|USDA|VA) 3 $815,000 $271,667 $8,658 5.42%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $730,000 $365,000 $3,945 4.19%
    BAKERSFIELD, CA (FHA|USDA|VA) 4 $420,000 $105,000 $783 5.28%
    MODESTO, CA (FHA|USDA|VA) 1 $295,000 $295,000 $8,446 6.38%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $90,000 $45,000 $0 4.00%
    Orange County's Credit Union's top markets include Los Angeles, Riverside, Las Vegas, San Diego, and Phoenix among others.

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

    MISSION
    Similarity Rank: 30
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 236
    Los Angeles Federal Credit Union
    Similarity Rank: 248
    FOOTHILL FEDERAL CREDIT UNION
    Similarity Rank: 648
    MYPOINT Credit Union
    Similarity Rank: 705
    LBS FINANCIAL
    Similarity Rank: 707
    First City Credit Union
    Similarity Rank: 720
    VENTURA COUNTY
    Similarity Rank: 882
    Sterling Bank and Trust, FSB
    Similarity Rank: 920
    Christian Community Credit Union
    Similarity Rank: 990

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 804 $271,820,000 $338,085 $2,442 4.79%
    HELOC 685 $89,365,000 $130,460 n/a 4.91%

    For 2022, Orange County's Credit Union's most frequently originated type of loan was Conventional, with 804 originations. Their 2nd most popular type was HELOC, with 685 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 1,234 $206,000,000 $166,937 $1,134 4.98%
    Home Purchase 177 $95,115,000 $537,373 $6,071 4.30%
    Refi 78 $60,070,000 $770,128 $3,659 3.93%

    For 2022, Orange County's Credit Union's most frequently cited loan purpose was Cash Out Refi, with 1,234 originations. The 2nd most popular reason was Home Purchase, with 177 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 685 $89,365,000 $130,460 $0 4.91%
    30 Year 327 $164,025,000 $501,606 $5,280 4.11%
    15 Year 256 $80,800,000 $315,625 $480 4.86%
    20 Year 216 $26,360,000 $122,037 $200 5.72%
    10 Year 5 $635,000 $127,000 $2,395 4.55%

    For 2022, Orange County's Credit Union's most frequently cited loan duration was Other, with 685 originations. The 2nd most popular length was 30 Year, with 327 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 572 $125,890,000 $220,087
    $1k-2k 62 $27,490,000 $443,387
    $5k+ 56 $26,020,000 $464,643
    $2k-3k 38 $17,930,000 $471,842
    $3k-4k 29 $11,345,000 $391,207
    $4k-5k 17 $7,035,000 $413,824

    Orange County's Credit Union's average total fees were $5,280, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 572 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 497 $75,965,000 $152,847
    4-5% 437 $111,685,000 $255,572
    3-4% 384 $136,500,000 $355,469
    6-7% 118 $17,500,000 $148,305
    2.5-3% 36 $16,020,000 $445,000
    <2.5% 11 $2,955,000 $268,636
    7-8% 6 $560,000 $93,333

    During 2022, Orange County's Credit Union's average interest rate for loans was 4.11%, while their most frequently originated rate bucket for loans was 5-6%, with 497 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 529 $31,985,000 $60,463 $55 5.13%
    $100k-200k 411 $54,005,000 $131,399 $517 5.09%
    $200k-400k 293 $81,775,000 $279,096 $3,770 4.65%
    $400k-600k 131 $62,175,000 $474,618 $5,482 4.15%
    $600k-1MM 96 $71,740,000 $747,292 $5,671 4.02%
    $1MM+ 29 $59,505,000 $2,051,897 $6,134 3.97%

    2022 saw Orange County's Credit Union place emphasis on $100,000 or less loans with 529 originations, totaling $31,985,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 454 $97,670,000 $215,132 $1,950 4.98%
    $100k-150k 438 $84,900,000 $193,836 $2,210 4.94%
    $75k-100k 210 $36,740,000 $174,952 $2,843 4.75%
    $250k+ 176 $53,430,000 $303,580 $3,435 4.86%
    $50k-75k 129 $22,135,000 $171,589 $3,153 4.53%
    $50k or less 32 $5,310,000 $165,938 $2,498 4.46%

    Orange County's Credit Union lent most frequently to those with incomes in the $150k-250k range, with 454 originations. The second most popular income band? $100k-150k, with 438 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 202 $42,450,000 $210,149 $2,188 4.80%
    20-30% 185 $32,355,000 $174,892 $2,340 4.73%
    44% 183 $36,095,000 $197,240 $2,199 4.93%
    49% 104 $24,230,000 $232,981 $3,390 5.08%
    43% 99 $19,515,000 $197,121 $2,194 4.97%
    42% 74 $15,990,000 $216,081 $2,728 4.78%
    41% 71 $12,385,000 $174,437 $1,728 5.01%
    <20% 57 $9,925,000 $174,123 $4,975 4.63%
    40% 55 $10,565,000 $192,091 $1,640 4.95%
    48% 55 $13,365,000 $243,000 $2,409 4.90%
    39% 53 $10,545,000 $198,962 $1,553 4.92%
    46% 49 $12,855,000 $262,347 $3,461 4.77%
    38% 46 $11,480,000 $249,565 $2,154 4.93%
    36% 44 $10,030,000 $227,955 $2,700 4.85%
    45% 43 $9,615,000 $223,605 $2,332 4.85%
    47% 41 $10,375,000 $253,049 $3,297 4.73%
    50-60% 41 $12,245,000 $298,659 $3,511 5.07%
    37% 35 $5,865,000 $167,571 $1,540 4.81%
    >60% 22 $5,190,000 $235,909 $2,455 4.68%

    Orange County's Credit Union lent most frequently to those with DTI ratios of 30-36%, with 202 originations. The next most common DTI ratio? 20-30%, with 185 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 679 $141,685,000 $208,667 $2,110 4.91%
    White 594 $136,500,000 $229,798 $2,332 4.81%
    Asian 151 $40,595,000 $268,841 $4,038 4.86%
    Not applicable 21 $32,085,000 $1,527,857 $0 3.74%
    Black 32 $7,970,000 $249,063 $3,688 4.77%
    American Indian 8 $1,720,000 $215,000 $5,598 4.84%
    Native Hawaiian or Islander 2 $490,000 $245,000 $8,859 3.81%
    Japanese 1 $85,000 $85,000 $0 4.25%
    Filipino 1 $55,000 $55,000 $0 5.38%

    Approval Rates

    Total approvals of all applications
    83.07%

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

    Pick Rate

    Approvals leading to origination
    77.10%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,489 $361,185,000 $242,569

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,489 $361,185,000 $242,569

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 207 $62,295,000 $300,942 $2,890 4.63%
    40-60% 119 $76,235,000 $640,630 $4,857 3.92%
    60-80% 112 $69,780,000 $623,036 $5,450 4.09%
    80-100% 79 $50,465,000 $638,797 $6,349 4.49%
    Under 20% 972 $102,410,000 $105,360 $127 5.12%