Northwest Farm Credit Services Flca Mortgage Rates, Fees & Info

Spokane, WA

LEI: 549300KDR80I1ELW8D36

Tax ID: 91-2006136

1 stars

Latest/2021 | 2020 Data | 2019 Data | 2018 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, Modesto, Eugene, and Bend among others. We have data for 99 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.

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SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
30 Year Conventional Purchase	6.70%	1/29/23
30 Year Conventional Refi	6.79%	1/29/23
15 Year Conventional Purchase	6.52%	1/29/23
15 Year Conventional Refi	6.66%	1/29/23
15 Year Cash-out Refi	6.66%	1/29/23
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.

Originations

507

Origination Dollar Volume (All Markets)

$265,095,000

Relative Rate

Northwest Farm Credit Services Flca's average 30 year fixed mortgage rate was 3.53%.

The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

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 $10,161.

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	109	$48,195,000	$442,156	$8,288	3.48%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	49	$28,255,000	$576,633	$9,732	3.52%
SALEM, OR (FHA\|USDA\|VA)	35	$16,735,000	$478,143	$8,535	3.46%
MODESTO, CA (FHA\|USDA\|VA)	11	$11,685,000	$1,062,273	$15,912	3.27%
EUGENE-SPRINGFIELD, OR (FHA\|USDA\|VA)	16	$8,310,000	$519,375	$9,081	3.64%
BEND, OR (FHA\|USDA\|VA)	10	$6,790,000	$679,000	$10,665	3.35%
VISALIA, CA (FHA\|USDA\|VA)	5	$6,265,000	$1,253,000	$20,362	3.35%
ALBANY-LEBANON, OR (FHA\|USDA\|VA)	10	$5,550,000	$555,000	$10,075	3.48%
BELLINGHAM, WA (FHA\|USDA\|VA)	8	$4,530,000	$566,250	$8,728	3.21%
VALLEJO, CA (FHA\|USDA\|VA)	3	$4,065,000	$1,355,000	$22,570	3.42%
WENATCHEE, WA (FHA\|USDA\|VA)	9	$3,955,000	$439,444	$7,281	3.57%
SPOKANE-SPOKANE VALLEY, WA (FHA\|USDA\|VA)	13	$3,945,000	$303,462	$5,547	3.72%
STOCKTON, CA (FHA\|USDA\|VA)	6	$3,850,000	$641,667	$11,430	3.25%
BOISE CITY, ID (FHA\|USDA\|VA)	7	$3,835,000	$547,857	$10,353	3.60%
Heber, UT (FHA\|USDA\|VA)	3	$3,655,000	$1,218,333	$18,070	3.15%
KENNEWICK-RICHLAND, WA (FHA\|USDA\|VA)	7	$3,265,000	$466,429	$9,718	3.18%
MEDFORD, OR (FHA\|USDA\|VA)	2	$3,230,000	$1,615,000	$27,603	3.55%
Hermiston-Pendleton, OR (FHA\|USDA\|VA)	9	$3,135,000	$348,333	$6,318	3.46%
FRESNO, CA (FHA\|USDA\|VA)	5	$3,125,000	$625,000	$10,016	3.81%
Prineville, OR (FHA\|USDA\|VA)	7	$3,125,000	$446,429	$7,716	3.56%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	2	$2,860,000	$1,430,000	$24,555	3.15%
YUBA CITY, CA (FHA\|USDA\|VA)	3	$2,795,000	$931,667	$17,701	3.20%
NAPA, CA (FHA\|USDA\|VA)	1	$2,625,000	$2,625,000	$30,969	3.50%
LOGAN, UT-ID (FHA\|USDA\|VA)	3	$2,575,000	$858,333	$10,306	3.55%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	7	$2,395,000	$342,143	$6,135	3.74%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA\|USDA\|VA)	3	$2,395,000	$798,333	$13,549	3.47%
MERCED, CA (FHA\|USDA\|VA)	5	$2,345,000	$469,000	$9,007	3.60%
Sandpoint, ID (FHA\|USDA\|VA)	6	$2,320,000	$386,667	$7,595	3.48%
SANTA MARIA-SANTA BARBARA, CA (FHA\|USDA\|VA)	2	$2,210,000	$1,105,000	$17,395	3.53%
Klamath Falls, OR (FHA\|USDA\|VA)	7	$2,185,000	$312,143	$6,041	3.74%
BILLINGS, MT (FHA\|USDA\|VA)	6	$2,120,000	$353,333	$6,888	3.64%
GREELEY, CO (FHA\|USDA\|VA)	3	$2,045,000	$681,667	$10,290	3.75%
Roseburg, OR (FHA\|USDA\|VA)	5	$2,035,000	$407,000	$8,161	3.79%
Hilo, HI (FHA\|USDA\|VA)	1	$2,005,000	$2,005,000	$26,442	3.40%
MOUNT VERNON-ANACORTES, WA (FHA\|USDA\|VA)	4	$1,950,000	$487,500	$7,177	3.35%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	3	$1,875,000	$625,000	$8,930	3.28%
Ellensburg, WA (FHA\|USDA\|VA)	3	$1,855,000	$618,333	$10,040	3.57%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA\|USDA\|VA)	3	$1,815,000	$605,000	$9,992	3.47%
Centralia, WA (FHA\|USDA\|VA)	4	$1,770,000	$442,500	$7,943	3.81%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	2	$1,750,000	$875,000	$15,033	4.25%
YAKIMA, WA (FHA\|USDA\|VA)	4	$1,740,000	$435,000	$7,823	3.11%
Moses Lake, WA (FHA\|USDA\|VA)	6	$1,720,000	$286,667	$4,768	3.34%
KAHULUI-WAILUKU-LAHAINA, HI (FHA\|USDA\|VA)	3	$1,655,000	$551,667	$11,339	3.68%
Blackfoot, ID (FHA\|USDA\|VA)	2	$1,610,000	$805,000	$7,633	3.55%
CHICO, CA (FHA\|USDA\|VA)	2	$1,540,000	$770,000	$11,019	3.85%
Outside of Metro Areas	1	$1,405,000	$1,405,000	$20,618	3.45%
Shelton, WA (FHA\|USDA\|VA)	3	$1,325,000	$441,667	$9,389	3.40%
EL CENTRO, CA (FHA\|USDA\|VA)	2	$1,310,000	$655,000	$14,782	3.33%
Ontario, OR-ID (FHA\|USDA\|VA)	4	$1,280,000	$320,000	$5,792	3.64%
Burley, ID (FHA\|USDA\|VA)	3	$1,215,000	$405,000	$7,115	3.27%
CORVALLIS, OR (FHA\|USDA\|VA)	4	$1,210,000	$302,500	$4,916	3.50%
TUCSON, AZ (FHA\|USDA\|VA)	2	$1,210,000	$605,000	$11,532	4.45%
Hood River, OR (FHA\|USDA\|VA)	3	$1,145,000	$381,667	$8,902	3.48%
IDAHO FALLS, ID (FHA\|USDA\|VA)	3	$1,135,000	$378,333	$5,819	3.50%
Elko, NV (FHA\|USDA\|VA)	3	$1,115,000	$371,667	$7,829	3.55%
Jackson, WY-ID (FHA\|USDA\|VA)	1	$1,055,000	$1,055,000	$13,597	3.10%
Nogales, AZ (FHA\|USDA\|VA)	1	$995,000	$995,000	$15,737	3.35%
POCATELLO, ID (FHA\|USDA\|VA)	2	$930,000	$465,000	$6,422	3.45%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	1	$905,000	$905,000	$11,708	3.20%
La Grande, OR (FHA\|USDA\|VA)	1	$895,000	$895,000	$14,583	3.75%
Steamboat Springs, CO (FHA\|USDA\|VA)	1	$845,000	$845,000	$12,434	3.55%
REDDING, CA (FHA\|USDA\|VA)	3	$815,000	$271,667	$5,820	3.30%
Kapaa, HI (FHA\|USDA\|VA)	1	$805,000	$805,000	$12,408	3.70%
MISSOULA, MT (FHA\|USDA\|VA)	2	$800,000	$400,000	$8,982	3.45%
Bozeman, MT (FHA\|USDA\|VA)	2	$770,000	$385,000	$6,220	3.85%
Helena, MT (FHA\|USDA\|VA)	1	$765,000	$765,000	$6,591	3.35%
Oak Harbor, WA (FHA\|USDA\|VA)	2	$760,000	$380,000	$6,631	3.35%
BAKERSFIELD, CA (FHA\|USDA\|VA)	1	$755,000	$755,000	$13,779	3.25%
Aberdeen, WA (FHA\|USDA\|VA)	2	$730,000	$365,000	$7,417	3.85%
MADERA, CA (FHA\|USDA\|VA)	2	$730,000	$365,000	$7,000	3.88%
CHEYENNE, WY (FHA\|USDA\|VA)	2	$710,000	$355,000	$5,071	3.25%
FORT COLLINS, CO (FHA\|USDA\|VA)	1	$695,000	$695,000	$9,206	3.05%
OGDEN-CLEARFIELD, UT (FHA\|USDA\|VA)	2	$690,000	$345,000	$5,588	3.08%
WALLA WALLA, WA (FHA\|USDA\|VA)	3	$665,000	$221,667	$4,963	3.55%
Truckee-Grass Valley, CA (FHA\|USDA\|VA)	1	$655,000	$655,000	$11,885	3.15%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	1	$605,000	$605,000	$11,011	3.15%
Othello, WA (FHA\|USDA\|VA)	3	$605,000	$201,667	$5,211	3.50%
TWIN FALLS, ID (FHA\|USDA\|VA)	2	$590,000	$295,000	$4,713	2.83%
Astoria, OR (FHA\|USDA\|VA)	1	$575,000	$575,000	$8,917	2.60%
Moscow, ID (FHA\|USDA\|VA)	2	$570,000	$285,000	$5,310	3.43%
The Dalles, OR (FHA\|USDA\|VA)	2	$540,000	$270,000	$8,159	3.68%
Fallon, NV (FHA\|USDA\|VA)	2	$530,000	$265,000	$4,967	3.38%
LONGVIEW, WA (FHA\|USDA\|VA)	2	$530,000	$265,000	$7,246	3.65%
WICHITA, KS (FHA\|USDA\|VA)	1	$505,000	$505,000	$7,231	4.40%
Pullman, WA (FHA\|USDA\|VA)	2	$460,000	$230,000	$5,684	3.43%
GRANTS PASS, OR (FHA\|USDA\|VA)	2	$420,000	$210,000	$3,915	3.45%
HANFORD-CORCORAN, CA (FHA\|USDA\|VA)	1	$415,000	$415,000	$10,119	3.85%
OLYMPIA-LACEY-TUMWATER, WA (FHA\|USDA\|VA)	1	$365,000	$365,000	$6,117	3.60%
Newport, OR (FHA\|USDA\|VA)	1	$355,000	$355,000	$11,183	3.50%
Hutchinson, KS (FHA\|USDA\|VA)	1	$315,000	$315,000	$8,188	3.85%
Durango, CO (FHA\|USDA\|VA)	1	$245,000	$245,000	$3,399	3.15%
FLAGSTAFF, AZ (FHA\|USDA\|VA)	1	$205,000	$205,000	$3,276	3.95%
Fort Morgan, CO (FHA\|USDA\|VA)	1	$205,000	$205,000	$3,663	3.70%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA\|USDA\|VA)	1	$195,000	$195,000	$2,892	3.65%
Cedar City, UT (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,216	3.10%
Butte-Silver Bow, MT (FHA\|USDA\|VA)	1	$175,000	$175,000	$5,221	3.80%
MANHATTAN, KS (FHA\|USDA\|VA)	1	$175,000	$175,000	$2,825	2.65%
Ukiah, CA (FHA\|USDA\|VA)	1	$175,000	$175,000	$3,298	3.55%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	1	$145,000	$145,000	$4,623	3.60%

Northwest Farm Credit Services Flca's top markets include Portland, Salem, Modesto, Eugene, 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.

People's Community Federal Credit Union
Similarity Rank: 86

PACIFIC CASCADE FEDERAL CREDIT UNION
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SPOKANE FIREFIGHTERS CREDIT UNION
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CASTPARTS EMPLOYEES
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MARION AND POLK SCHOOLS CREDIT UNION
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HERITAGE GROVE Federal Credit Union
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Yakima Federal Savings and Loan Association
Similarity Rank: 1065

Pacific NW Federal Credit Union
Similarity Rank: 1406

CENTRAL WILLAMETTE Credit Union
Similarity Rank: 1740

SELCO COMMUNITY
Similarity Rank: 1905

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	507	$265,095,000	$522,870	$9,096	3.49%

For 2021, Northwest Farm Credit Services Flca's most frequently originated type of loan was Conventional, with 507 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	246	$141,000,000	$573,171	$10,303	3.49%
Refi	236	$108,280,000	$458,814	$7,483	3.49%
Home Improvement	24	$15,600,000	$650,000	$12,798	3.50%
Other	1	$215,000	$215,000	$4,058	4.84%

For 2021, Northwest Farm Credit Services Flca's most frequently cited loan purpose was Home Purchase, with 246 originations. The 2nd most popular reason was Refi, with 236 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	393	$230,515,000	$586,552	$10,161	3.53%
15 Year	89	$27,655,000	$310,730	$5,370	3.17%
20 Year	14	$4,010,000	$286,429	$5,484	3.59%
10 Year	11	$2,915,000	$265,000	$5,787	4.73%

For 2021, Northwest Farm Credit Services Flca's most frequently cited loan duration was 30 Year, with 393 originations. The 2nd most popular length was 15 Year, with 89 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$5k+	240	$187,150,000	$779,792
$2k-3k	82	$21,600,000	$263,415
$4k-5k	59	$26,445,000	$448,220
$3k-4k	58	$20,260,000	$349,310
$1k-2k	49	$7,585,000	$154,796
$<1k	19	$2,055,000	$108,158

Northwest Farm Credit Services Flca's average total fees were $10,161, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 240 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	398	$211,180,000	$530,603
2.5-3%	64	$33,280,000	$520,000
4-5%	38	$17,880,000	$470,526
5-6%	4	$1,920,000	$480,000
<2.5%	3	$835,000	$278,333

During 2021, Northwest Farm Credit Services Flca's average interest rate for loans was 3.53%, while their most frequently originated rate bucket for loans was 3-4%, with 398 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	151	$44,075,000	$291,887	$5,724	3.57%
$400k-600k	121	$59,575,000	$492,355	$8,994	3.51%
$600k-1MM	119	$90,765,000	$762,731	$12,777	3.44%
$100k-200k	57	$8,695,000	$152,544	$3,361	3.43%
$1MM+	44	$60,860,000	$1,383,182	$20,821	3.45%
$100,000 or less	15	$1,125,000	$75,000	$2,058	3.42%

2021 saw Northwest Farm Credit Services Flca place emphasis on $200k-400k loans with 151 originations, totaling $44,075,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$250k+	167	$123,935,000	$742,126	$11,907	3.43%
$150k-250k	128	$71,810,000	$561,016	$9,751	3.47%
$100k-150k	116	$44,230,000	$381,293	$7,314	3.57%
$75k-100k	52	$14,240,000	$273,846	$5,658	3.53%
$50k-75k	33	$8,045,000	$243,788	$5,111	3.49%
$50k or less	11	$2,835,000	$257,727	$5,796	3.71%

Northwest Farm Credit Services Flca lent most frequently to those with incomes in the $250k+ range, with 167 originations. The second most popular income band? $150k-250k, with 128 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	167	$82,825,000	$495,958	$8,671	3.48%
30-36%	141	$69,775,000	$494,858	$8,985	3.58%
<20%	106	$56,720,000	$535,094	$8,915	3.38%
>60%	35	$19,115,000	$546,143	$9,260	3.57%
50-60%	21	$9,985,000	$475,476	$8,726	3.56%
36%	10	$6,610,000	$661,000	$12,553	3.56%
38%	7	$6,555,000	$936,429	$14,634	3.49%
37%	6	$4,220,000	$703,333	$10,979	3.44%
40%	4	$1,670,000	$417,500	$6,954	3.23%
39%	3	$2,455,000	$818,333	$14,301	3.25%
41%	2	$710,000	$355,000	$7,122	3.33%
44%	1	$555,000	$555,000	$7,063	2.95%
46%	1	$865,000	$865,000	$19,145	3.75%
48%	1	$235,000	$235,000	$5,200	3.55%
43%	1	$175,000	$175,000	$3,154	3.45%
42%	1	$2,625,000	$2,625,000	$30,969	3.50%

Northwest Farm Credit Services Flca lent most frequently to those with DTI ratios of 20-30%, with 167 originations. The next most common DTI ratio? 30-36%, with 141 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	319	$171,325,000	$537,069	$9,362	3.48%
Not provided	175	$86,525,000	$494,429	$8,655	3.51%
Asian	8	$4,150,000	$518,750	$8,150	3.58%
American Indian	3	$2,455,000	$818,333	$11,644	3.28%
Black	1	$515,000	$515,000	$7,062	3.40%
Not applicable	1	$125,000	$125,000	$3,431	4.10%

Approval Rates

Total approvals of all applications
83.46%

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

Pick Rate

Approvals leading to origination
36.49%

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	507	$265,095,000	$522,870

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	507	$265,095,000	$522,870

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	53	$14,535,000	$274,245	$5,664	3.48%
40-60%	124	$56,100,000	$452,419	$8,360	3.49%
60-80%	235	$154,785,000	$658,660	$10,965	3.49%
80-100%	75	$34,305,000	$457,400	$8,038	3.53%
Over 100%	2	$1,790,000	$895,000	$13,751	3.73%
Under 20%	18	$3,580,000	$198,889	$3,755	3.40%

Complaints

Bank Name	Product	Issue	2021 CPFB Complaints	% of Total Issues
NORTHWEST BANCSHARES INC	Conventional home mortgage	Struggling to pay mortgage	1	11.1%
NORTHWEST BANCSHARES INC	Conventional home mortgage	Trouble during payment process	5	55.6%
NORTHWEST BANCSHARES INC	Home equity loan or line of credit (HELOC)	Trouble during payment process	1	11.1%
NORTHWEST BANCSHARES INC	Other type of mortgage	Applying for a mortgage or refinancing an existing mortgage	1	11.1%
NORTHWEST BANCSHARES INC	Other type of mortgage	Struggling to pay mortgage	1	11.1%