Northwest Farm Credit Services Flca Mortgage Rates, Fees & Info

Spokane, WA

LEI: 549300KDR80I1ELW8D36

Tax ID: 91-2006136

1 stars - Updated: 2/26/24 - out of 5 stars, based on 19 reviews

Latest/2022 | 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, Salem, Albany, Modesto, and Bend among others. We have data for 92 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 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 7.39% 2/26/24
30 Year Conventional Refi 7.39% 2/26/24
15 Year Conventional Purchase 6.80% 2/26/24
15 Year Conventional Refi 6.96% 2/26/24
15 Year Cash-out Refi 6.96% 2/26/24
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

360

Origination Dollar Volume (All Markets)

$204,440,000

Relative Rate

Northwest Farm Credit Services Flca's average 30 year fixed mortgage rate was 5.14%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.38%.

Relative Fees (Closing Costs)

Northwest Farm Credit Services Flca's average total fees/closing costs for a 30 year fixed rate mortgage were $11,064.

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 $4,750.

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
Outside of Metro Areas 62 $31,090,000 $501,452 $9,116 5.18%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 32 $19,960,000 $623,750 $10,519 5.15%
SALEM, OR (FHA|USDA|VA) 21 $12,075,000 $575,000 $10,710 5.28%
ALBANY-LEBANON, OR (FHA|USDA|VA) 17 $7,575,000 $445,588 $8,100 5.28%
MODESTO, CA (FHA|USDA|VA) 8 $6,690,000 $836,250 $11,995 4.29%
BEND, OR (FHA|USDA|VA) 7 $6,355,000 $907,857 $13,417 4.99%
STOCKTON, CA (FHA|USDA|VA) 7 $6,265,000 $895,000 $15,400 5.09%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 13 $5,675,000 $436,538 $7,977 5.74%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 6 $5,420,000 $903,333 $14,337 5.08%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $5,300,000 $1,325,000 $19,485 4.95%
BOISE CITY, ID (FHA|USDA|VA) 12 $4,630,000 $385,833 $8,806 4.97%
MEDFORD, OR (FHA|USDA|VA) 6 $4,530,000 $755,000 $12,813 5.59%
WENATCHEE, WA (FHA|USDA|VA) 5 $4,405,000 $881,000 $14,757 5.24%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 8 $4,080,000 $510,000 $7,761 4.76%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $3,805,000 $543,571 $11,339 4.92%
YAKIMA, WA (FHA|USDA|VA) 7 $3,675,000 $525,000 $7,650 4.81%
VISALIA, CA (FHA|USDA|VA) 4 $3,320,000 $830,000 $15,941 5.75%
Gardnerville Ranchos, NV (FHA|USDA|VA) 2 $3,130,000 $1,565,000 $22,019 4.83%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $47,163 4.35%
Ellensburg, WA (FHA|USDA|VA) 4 $2,920,000 $730,000 $10,818 4.34%
GRAND JUNCTION, CO (FHA|USDA|VA) 4 $2,920,000 $730,000 $13,014 5.13%
CORVALLIS, OR (FHA|USDA|VA) 1 $2,705,000 $2,705,000 $39,833 3.95%
Hermiston-Pendleton, OR (FHA|USDA|VA) 7 $2,585,000 $369,286 $7,465 4.84%
Durango, CO (FHA|USDA|VA) 2 $2,210,000 $1,105,000 $14,405 4.18%
Jackson, WY-ID (FHA|USDA|VA) 1 $2,105,000 $2,105,000 $22,230 6.00%
Moses Lake, WA (FHA|USDA|VA) 5 $2,075,000 $415,000 $9,476 4.53%
MADERA, CA (FHA|USDA|VA) 2 $2,050,000 $1,025,000 $19,255 5.10%
Kalispell, MT (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $26,747 5.25%
Steamboat Springs, CO (FHA|USDA|VA) 2 $1,770,000 $885,000 $12,013 4.75%
La Grande, OR (FHA|USDA|VA) 3 $1,605,000 $535,000 $9,558 4.92%
Aberdeen, WA (FHA|USDA|VA) 3 $1,595,000 $531,667 $9,300 4.78%
Mountain Home, ID (FHA|USDA|VA) 2 $1,450,000 $725,000 $13,998 4.55%
Klamath Falls, OR (FHA|USDA|VA) 6 $1,430,000 $238,333 $5,355 5.82%
GRANTS PASS, OR (FHA|USDA|VA) 1 $1,365,000 $1,365,000 $17,259 4.00%
Butte-Silver Bow, MT (FHA|USDA|VA) 1 $1,275,000 $1,275,000 $18,872 4.85%
VALLEJO, CA (FHA|USDA|VA) 2 $1,250,000 $625,000 $12,804 3.65%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $1,245,000 $1,245,000 $27,338 3.45%
Centralia, WA (FHA|USDA|VA) 3 $1,175,000 $391,667 $6,511 4.82%
BILLINGS, MT (FHA|USDA|VA) 3 $1,155,000 $385,000 $7,190 5.95%
REDDING, CA (FHA|USDA|VA) 2 $1,130,000 $565,000 $13,892 4.75%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $1,085,000 $1,085,000 $18,647 6.35%
TWIN FALLS, ID (FHA|USDA|VA) 2 $1,000,000 $500,000 $11,364 7.38%
YUBA CITY, CA (FHA|USDA|VA) 2 $1,000,000 $500,000 $8,093 3.83%
CHICO, CA (FHA|USDA|VA) 3 $995,000 $331,667 $6,790 6.18%
Roseburg, OR (FHA|USDA|VA) 4 $900,000 $225,000 $4,301 4.92%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $855,000 $855,000 $12,183 6.20%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $855,000 $285,000 $4,383 6.42%
FRESNO, CA (FHA|USDA|VA) 2 $850,000 $425,000 $7,192 6.05%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $825,000 $825,000 $16,860 6.20%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $825,000 $825,000 $11,256 7.60%
Ontario, OR-ID (FHA|USDA|VA) 4 $780,000 $195,000 $3,915 4.14%
Prineville, OR (FHA|USDA|VA) 3 $775,000 $258,333 $4,215 6.30%
BELLINGHAM, WA (FHA|USDA|VA) 4 $760,000 $190,000 $3,686 4.23%
Burley, ID (FHA|USDA|VA) 2 $710,000 $355,000 $7,798 4.30%
Newport, OR (FHA|USDA|VA) 1 $705,000 $705,000 $18,201 5.45%
The Dalles, OR (FHA|USDA|VA) 2 $670,000 $335,000 $4,996 5.28%
GREAT FALLS, MT (FHA|USDA|VA) 1 $655,000 $655,000 $13,186 5.15%
Hailey, ID (FHA|USDA|VA) 1 $655,000 $655,000 $10,563 5.65%
Hood River, OR (FHA|USDA|VA) 2 $650,000 $325,000 $7,613 5.05%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $565,000 $565,000 $17,249 5.95%
LONGVIEW, WA (FHA|USDA|VA) 1 $525,000 $525,000 $7,907 4.60%
Fallon, NV (FHA|USDA|VA) 1 $505,000 $505,000 $6,027 4.05%
Red Bluff, CA (FHA|USDA|VA) 1 $465,000 $465,000 $10,594 3.45%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $465,000 $465,000 $7,487 3.45%
LOGAN, UT-ID (FHA|USDA|VA) 1 $455,000 $455,000 $8,730 3.70%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $440,000 $220,000 $3,950 6.88%
WALLA WALLA, WA (FHA|USDA|VA) 1 $435,000 $435,000 $6,570 5.60%
EL CENTRO, CA (FHA|USDA|VA) 1 $425,000 $425,000 $7,753 5.45%
Port Angeles, WA (FHA|USDA|VA) 1 $375,000 $375,000 $6,529 5.95%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $360,000 $180,000 $3,884 5.83%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $325,000 $325,000 $7,010 4.15%
Sandpoint, ID (FHA|USDA|VA) 1 $325,000 $325,000 $6,553 5.50%
Oak Harbor, WA (FHA|USDA|VA) 1 $325,000 $325,000 $5,947 3.80%
PROVO-OREM, UT (FHA|USDA|VA) 1 $305,000 $305,000 $5,389 5.50%
POCATELLO, ID (FHA|USDA|VA) 1 $305,000 $305,000 $6,173 5.00%
Pullman, WA (FHA|USDA|VA) 1 $305,000 $305,000 $8,135 5.70%
Winfield, KS (FHA|USDA|VA) 1 $295,000 $295,000 $6,660 6.35%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $4,789 5.95%
Outside of Metro Areas 1 $255,000 $255,000 $5,372 6.65%
Montrose, CO (FHA|USDA|VA) 1 $245,000 $245,000 $4,182 3.60%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $235,000 $235,000 $3,678 4.40%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $205,000 $205,000 $4,289 6.35%
Payson, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $3,416 5.55%
Heber, UT (FHA|USDA|VA) 1 $205,000 $205,000 $4,842 6.30%
Clearlake, CA (FHA|USDA|VA) 1 $205,000 $205,000 $3,775 3.20%
WICHITA, KS (FHA|USDA|VA) 1 $185,000 $185,000 $3,335 4.25%
Helena, MT (FHA|USDA|VA) 1 $175,000 $175,000 $4,076 6.05%
MERCED, CA (FHA|USDA|VA) 1 $125,000 $125,000 $4,831 4.40%
Rexburg, ID (FHA|USDA|VA) 1 $115,000 $115,000 $2,815 5.65%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $105,000 $105,000 $2,465 4.55%
Shelton, WA (FHA|USDA|VA) 1 $75,000 $75,000 $3,485 7.15%
Hutchinson, KS (FHA|USDA|VA) 1 $55,000 $55,000 $1,653 3.85%
Northwest Farm Credit Services Flca's top markets include Portland, Salem, Albany, Modesto, and Bend 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

    We use machine learning to identify the top lenders compared against Northwest Farm Credit Services FLCA based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 360 $204,440,000 $567,889 $9,922 5.14%

    For 2022, Northwest Farm Credit Services Flca's most frequently originated type of loan was Conventional, with 360 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 208 $143,790,000 $691,298 $12,077 5.33%
    Refi 137 $56,045,000 $409,088 $7,082 4.92%
    Home Improvement 13 $4,205,000 $323,462 $6,356 4.57%
    Other 2 $400,000 $200,000 $3,555 3.60%

    For 2022, Northwest Farm Credit Services Flca's most frequently cited loan purpose was Home Purchase, with 208 originations. The 2nd most popular reason was Refi, with 137 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 277 $177,895,000 $642,220 $11,064 5.14%
    15 Year 45 $16,405,000 $364,556 $6,361 4.54%
    20 Year 35 $9,395,000 $268,429 $5,811 5.84%
    10 Year 3 $745,000 $248,333 $5,854 5.70%

    For 2022, Northwest Farm Credit Services Flca's most frequently cited loan duration was 30 Year, with 277 originations. The 2nd most popular length was 15 Year, with 45 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 181 $158,485,000 $875,608
    $2k-3k 62 $14,440,000 $232,903
    $1k-2k 41 $5,715,000 $139,390
    $3k-4k 34 $11,860,000 $348,824
    $4k-5k 28 $12,380,000 $442,143
    $<1k 14 $1,560,000 $111,429

    Northwest Farm Credit Services Flca's average total fees were $11,064, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 181 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 107 $66,905,000 $625,280
    4-5% 83 $47,015,000 $566,446
    3-4% 82 $47,750,000 $582,317
    6-7% 60 $32,650,000 $544,167
    7-8% 27 $9,915,000 $367,222
    2.5-3% 1 $205,000 $205,000

    During 2022, Northwest Farm Credit Services Flca's average interest rate for loans was 5.14%, while their most frequently originated rate bucket for loans was 5-6%, with 107 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 103 $29,105,000 $282,573 $5,715 5.21%
    $600k-1MM 72 $53,460,000 $742,500 $12,680 4.98%
    $400k-600k 70 $33,950,000 $485,000 $9,482 5.19%
    $1MM+ 53 $80,055,000 $1,510,472 $23,007 5.13%
    $100k-200k 46 $6,730,000 $146,304 $3,261 5.07%
    $100,000 or less 16 $1,140,000 $71,250 $2,331 5.33%

    2022 saw Northwest Farm Credit Services Flca place emphasis on $200k-400k loans with 103 originations, totaling $29,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 148 $121,240,000 $819,189 $13,360 5.07%
    $150k-250k 93 $44,255,000 $475,860 $8,872 5.30%
    $100k-150k 66 $26,120,000 $395,758 $7,603 5.16%
    $75k-100k 26 $6,120,000 $235,385 $4,601 5.23%
    $50k-75k 20 $4,740,000 $237,000 $5,050 4.84%
    $50k or less 7 $1,965,000 $280,714 $6,755 4.65%

    Northwest Farm Credit Services Flca lent most frequently to those with incomes in the $250k+ range, with 148 originations. The second most popular income band? $150k-250k, with 93 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 122 $67,020,000 $549,344 $9,592 5.03%
    30-36% 102 $52,850,000 $518,137 $9,096 5.32%
    <20% 63 $38,545,000 $611,825 $10,665 5.00%
    >60% 27 $16,805,000 $622,407 $10,416 5.17%
    50-60% 10 $6,680,000 $668,000 $12,094 4.70%
    36% 9 $5,615,000 $623,889 $10,230 5.46%
    38% 6 $3,290,000 $548,333 $10,859 5.71%
    37% 5 $4,835,000 $967,000 $15,944 5.10%
    43% 4 $3,340,000 $835,000 $15,075 4.88%
    40% 3 $1,535,000 $511,667 $11,459 5.38%
    41% 3 $1,175,000 $391,667 $6,773 5.67%
    39% 2 $1,430,000 $715,000 $10,783 4.80%
    47% 1 $265,000 $265,000 $7,767 5.80%
    49% 1 $175,000 $175,000 $3,070 4.75%
    46% 1 $355,000 $355,000 $6,715 4.70%
    45% 1 $525,000 $525,000 $8,843 3.75%

    Northwest Farm Credit Services Flca lent most frequently to those with DTI ratios of 20-30%, with 122 originations. The next most common DTI ratio? 30-36%, with 102 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 214 $115,130,000 $537,991 $9,403 5.04%
    Not provided 139 $84,375,000 $607,014 $10,633 5.27%
    Asian 4 $3,290,000 $822,500 $12,867 5.38%
    Native Hawaiian or Islander 1 $825,000 $825,000 $16,860 6.20%
    American Indian 2 $820,000 $410,000 $6,804 5.48%

    Approval Rates

    Total approvals of all applications
    82.24%

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

    Pick Rate

    Approvals leading to origination
    43.33%

    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 360 $204,440,000 $567,889

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    360 $204,440,000 $567,889

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 58 $19,090,000 $329,138 $6,517 5.09%
    40-60% 73 $47,035,000 $644,315 $11,637 4.92%
    60-80% 148 $109,680,000 $741,081 $12,253 5.28%
    80-100% 46 $23,440,000 $509,565 $9,023 5.15%
    Under 20% 35 $5,195,000 $148,429 $3,316 5.02%