Northwest Farm Credit Services Flca Mortgage Rates, Fees & Info

Spokane, WA

LEI: 549300KDR80I1ELW8D36

Tax ID: 91-2006136

1.6 stars - Updated: 6/17/24 - out of 5 stars, based on 15 reviews

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

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Mortgage Data

Review & Overview

Northwest Farm Credit Services Flca is a smaller mortgage company specializing in Home Purchase and Refi loans. Northwest Farm Credit Services Flca has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Sacramento, Salem, Eugene, and Boise City among others. We have data for 78 markets. (Some data included below & more in-depth data is available with an active subscription.)

Northwest Farm Credit Services Flca 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. Northwest Farm Credit Services Flca is typically a high 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 7.39% 6/17/24
30 Year Conventional Refi 7.39% 6/17/24
15 Year Conventional Purchase 6.80% 6/17/24
15 Year Conventional Refi 6.96% 6/17/24
15 Year Cash-out Refi 6.96% 6/17/24
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.

Northwest Farm Credit Services Flca Mortgage Calculator






Your Estimates

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

This is not an official calculator from Northwest Farm Credit Services Flca. 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

212

Origination Dollar Volume (All Markets)

$118,040,000

Relative Rate

Northwest Farm Credit Services Flca's average 30 year fixed mortgage rate was 7.17%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.69%.

Relative Fees (Closing Costs)

Northwest Farm Credit Services Flca's average total fees/closing costs for a 30 year fixed rate mortgage were $10,425.

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
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 27 $20,195,000 $747,963 $12,395 7.05%
Outside of Metro Areas 37 $15,265,000 $412,568 $7,807 7.12%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 5 $6,085,000 $1,217,000 $17,292 7.07%
SALEM, OR (FHA|USDA|VA) 8 $5,410,000 $676,250 $11,721 7.13%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 6 $4,800,000 $800,000 $12,189 7.53%
BOISE CITY, ID (FHA|USDA|VA) 7 $3,965,000 $566,429 $8,905 7.14%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $3,420,000 $1,710,000 $23,770 7.43%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $2,930,000 $1,465,000 $15,388 7.18%
Sheridan, WY (FHA|USDA|VA) 1 $2,665,000 $2,665,000 $42,436 7.70%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $2,345,000 $2,345,000 $27,452 7.25%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $2,265,000 $755,000 $12,205 7.05%
VISALIA, CA (FHA|USDA|VA) 4 $2,140,000 $535,000 $8,419 7.46%
Moses Lake, WA (FHA|USDA|VA) 5 $2,125,000 $425,000 $7,585 7.06%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 5 $1,985,000 $397,000 $6,352 7.15%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $1,885,000 $1,885,000 $31,295 6.75%
Hermiston-Pendleton, OR (FHA|USDA|VA) 6 $1,830,000 $305,000 $6,263 7.05%
BEND, OR (FHA|USDA|VA) 4 $1,680,000 $420,000 $7,482 7.33%
MADERA, CA (FHA|USDA|VA) 1 $1,655,000 $1,655,000 $22,369 7.75%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $1,655,000 $1,655,000 $30,270 7.30%
Pullman, WA (FHA|USDA|VA) 4 $1,570,000 $392,500 $8,296 7.39%
VALLEJO, CA (FHA|USDA|VA) 2 $1,530,000 $765,000 $11,978 7.18%
BELLINGHAM, WA (FHA|USDA|VA) 3 $1,525,000 $508,333 $10,227 7.07%
Ontario, OR-ID (FHA|USDA|VA) 2 $1,440,000 $720,000 $13,400 6.95%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $1,215,000 $405,000 $7,363 7.10%
CORVALLIS, OR (FHA|USDA|VA) 3 $1,115,000 $371,667 $6,915 7.33%
YAKIMA, WA (FHA|USDA|VA) 2 $1,080,000 $540,000 $9,013 6.80%
MERCED, CA (FHA|USDA|VA) 1 $1,065,000 $1,065,000 $16,616 7.80%
MEDFORD, OR (FHA|USDA|VA) 1 $955,000 $955,000 $14,718 7.45%
Newport, OR (FHA|USDA|VA) 1 $905,000 $905,000 $14,483 7.05%
TWIN FALLS, ID (FHA|USDA|VA) 2 $900,000 $450,000 $8,409 6.93%
Red Bluff, CA (FHA|USDA|VA) 2 $860,000 $430,000 $7,076 7.48%
Roseburg, OR (FHA|USDA|VA) 5 $835,000 $167,000 $4,691 7.52%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $805,000 $805,000 $16,080 7.35%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $805,000 $805,000 $11,110 7.05%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $785,000 $785,000 $10,039 7.25%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $775,000 $775,000 $12,140 7.15%
Sandpoint, ID (FHA|USDA|VA) 2 $760,000 $380,000 $9,113 7.28%
EL CENTRO, CA (FHA|USDA|VA) 1 $735,000 $735,000 $12,882 7.25%
REDDING, CA (FHA|USDA|VA) 1 $635,000 $635,000 $11,248 7.35%
SALINAS, CA (FHA|USDA|VA) 2 $600,000 $300,000 $5,560 7.48%
CHICO, CA (FHA|USDA|VA) 1 $575,000 $575,000 $5,911 6.95%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $575,000 $575,000 $10,161 7.05%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $555,000 $555,000 $9,080 6.95%
Ellensburg, WA (FHA|USDA|VA) 1 $555,000 $555,000 $12,185 6.75%
YUBA CITY, CA (FHA|USDA|VA) 2 $550,000 $275,000 $6,919 7.40%
Bozeman, MT (FHA|USDA|VA) 1 $545,000 $545,000 $8,661 7.60%
GREAT FALLS, MT (FHA|USDA|VA) 2 $520,000 $260,000 $7,068 6.85%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $505,000 $505,000 $7,839 7.60%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $505,000 $505,000 $10,512 7.55%
ALBANY-LEBANON, OR (FHA|USDA|VA) 3 $485,000 $161,667 $3,916 7.20%
Jackson, WY-ID (FHA|USDA|VA) 1 $455,000 $455,000 $6,712 7.80%
Burley, ID (FHA|USDA|VA) 2 $450,000 $225,000 $4,406 7.43%
FARMINGTON, NM (FHA|USDA|VA) 1 $445,000 $445,000 $7,896 6.85%
Show Low, AZ (FHA|USDA|VA) 1 $425,000 $425,000 $8,731 7.10%
La Grande, OR (FHA|USDA|VA) 2 $410,000 $205,000 $5,219 7.18%
Cedar City, UT (FHA|USDA|VA) 1 $405,000 $405,000 $6,467 6.65%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $375,000 $375,000 $9,685 7.00%
GRANTS PASS, OR (FHA|USDA|VA) 1 $375,000 $375,000 $7,052 7.00%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $355,000 $355,000 $11,317 7.05%
Heber, UT (FHA|USDA|VA) 2 $320,000 $160,000 $3,437 6.93%
Kalispell, MT (FHA|USDA|VA) 1 $305,000 $305,000 $6,247 7.25%
Othello, WA (FHA|USDA|VA) 1 $305,000 $305,000 $6,893 6.45%
Vernal, UT (FHA|USDA|VA) 1 $275,000 $275,000 $7,938 7.00%
Centralia, WA (FHA|USDA|VA) 1 $275,000 $275,000 $4,370 7.55%
Hood River, OR (FHA|USDA|VA) 1 $225,000 $225,000 $5,259 6.90%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $225,000 $225,000 $5,063 6.90%
Prineville, OR (FHA|USDA|VA) 1 $205,000 $205,000 $3,623 7.30%
Dodge City, KS (FHA|USDA|VA) 1 $205,000 $205,000 $4,693 6.60%
BILLINGS, MT (FHA|USDA|VA) 1 $195,000 $195,000 $4,019 7.20%
Fallon, NV (FHA|USDA|VA) 1 $195,000 $195,000 $5,171 6.85%
Shelton, WA (FHA|USDA|VA) 1 $185,000 $185,000 $4,956 7.35%
WICHITA, KS (FHA|USDA|VA) 1 $175,000 $175,000 $4,058 7.30%
The Dalles, OR (FHA|USDA|VA) 1 $175,000 $175,000 $3,268 7.05%
WENATCHEE, WA (FHA|USDA|VA) 1 $135,000 $135,000 $3,435 7.40%
FRESNO, CA (FHA|USDA|VA) 1 $125,000 $125,000 $5,622 6.85%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $115,000 $115,000 $3,000 7.50%
Moscow, ID (FHA|USDA|VA) 1 $75,000 $75,000 $3,595 6.65%
TUCSON, AZ (FHA|USDA|VA) 1 $65,000 $65,000 $2,858 8.60%
Northwest Farm Credit Services Flca's top markets include Portland, Sacramento, Salem, Eugene, and Boise City among others.

Their top states include:
  • Oregon (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 212 $118,040,000 $556,792 $9,573 7.17%

    For 2023, Northwest Farm Credit Services Flca's most frequently originated type of loan was Conventional, with 212 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 125 $86,255,000 $690,040 $11,733 7.14%
    Refi 82 $30,570,000 $372,805 $6,524 7.23%
    Home Improvement 5 $1,215,000 $243,000 $5,593 7.10%

    For 2023, Northwest Farm Credit Services Flca's most frequently cited loan purpose was Home Purchase, with 125 originations. The 2nd most popular reason was Refi, with 82 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 176 $108,070,000 $614,034 $10,425 7.17%
    15 Year 20 $6,720,000 $336,000 $5,752 7.05%
    20 Year 16 $3,250,000 $203,125 $4,985 7.33%

    For 2023, Northwest Farm Credit Services Flca's most frequently cited loan duration was 30 Year, with 176 originations. The 2nd most popular length was 15 Year, with 20 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 108 $94,290,000 $873,056
    $2k-3k 39 $8,445,000 $216,538
    $1k-2k 24 $3,010,000 $125,417
    $3k-4k 21 $6,615,000 $315,000
    $4k-5k 13 $5,245,000 $403,462
    $<1k 7 $435,000 $62,143

    Northwest Farm Credit Services Flca's average total fees were $10,425, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 108 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    7-8% 129 $69,115,000 $535,775
    6-7% 78 $46,310,000 $593,718
    Over 8% 5 $2,615,000 $523,000

    During 2023, Northwest Farm Credit Services Flca's average interest rate for loans was 7.17%, while their most frequently originated rate bucket for loans was 7-8%, with 129 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 66 $18,660,000 $282,727 $5,999 7.23%
    $600k-1MM 38 $29,540,000 $777,368 $13,045 7.09%
    $400k-600k 36 $17,640,000 $490,000 $8,974 7.02%
    $100k-200k 31 $4,685,000 $151,129 $3,712 7.18%
    $1MM+ 28 $46,620,000 $1,665,000 $23,816 7.28%
    $100,000 or less 13 $895,000 $68,846 $2,534 7.25%

    2023 saw Northwest Farm Credit Services Flca place emphasis on $200k-400k loans with 66 originations, totaling $18,660,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 100 $81,700,000 $817,000 $12,883 7.17%
    $150k-250k 50 $20,370,000 $407,400 $7,692 7.13%
    $100k-150k 35 $8,865,000 $253,286 $5,839 7.15%
    $75k-100k 17 $3,755,000 $220,882 $5,231 7.36%
    $50k or less 6 $2,260,000 $376,667 $6,639 7.07%
    $50k-75k 4 $1,090,000 $272,500 $5,872 7.20%

    Northwest Farm Credit Services Flca lent most frequently to those with incomes in the $250k+ range, with 100 originations. The second most popular income band? $150k-250k, with 50 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 55 $23,285,000 $423,364 $7,773 7.15%
    <20% 54 $32,420,000 $600,370 $9,947 7.17%
    20-30% 45 $24,955,000 $554,556 $9,644 7.21%
    >60% 22 $14,990,000 $681,364 $12,010 7.20%
    36% 7 $1,935,000 $276,429 $6,481 7.16%
    50-60% 6 $2,460,000 $410,000 $6,500 6.99%
    37% 5 $2,575,000 $515,000 $8,948 7.06%
    38% 5 $3,845,000 $769,000 $11,329 7.42%
    39% 4 $3,480,000 $870,000 $13,412 7.14%
    49% 3 $3,655,000 $1,218,333 $19,698 6.87%
    48% 2 $3,260,000 $1,630,000 $20,214 7.15%
    41% 1 $525,000 $525,000 $9,388 7.10%
    46% 1 $275,000 $275,000 $7,938 7.00%
    40% 1 $185,000 $185,000 $6,373 7.45%
    44% 1 $195,000 $195,000 $4,019 7.20%

    Northwest Farm Credit Services Flca lent most frequently to those with DTI ratios of 30-36%, with 55 originations. The next most common DTI ratio? <20%, with 54 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 127 $72,225,000 $568,701 $9,865 7.11%
    Not provided 81 $40,135,000 $495,494 $8,676 7.28%
    Asian 3 $5,175,000 $1,725,000 $21,758 7.07%
    American Indian 1 $505,000 $505,000 $8,658 6.85%

    Approval Rates

    Total approvals of all applications
    80.09%

    Northwest Farm Credit Services Flca has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    43.87%

    Northwest Farm Credit Services Flca 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 212 $118,040,000 $556,792

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    212 $118,040,000 $556,792

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 44 $15,440,000 $350,909 $6,913 7.18%
    40-60% 37 $18,155,000 $490,676 $9,267 7.17%
    60-80% 82 $70,230,000 $856,463 $13,456 7.18%
    80-100% 24 $10,480,000 $436,667 $7,625 7.21%
    Under 20% 25 $3,735,000 $149,400 $3,844 7.09%