Northwest Farm Credit Services Flca Mortgage Rates, Fees & Info
Spokane, WALEI: 549300KDR80I1ELW8D36
Tax ID: 91-2006136
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
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 include Portland, Salem, Modesto, Eugene, and Bend among others. Northwest Farm Credit Services Flca has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Northwest Farm Credit Services Flca is typically a high fee lendor.Originations
507Origination Dollar Volume (All Markets)
$265,095,000Relative Rate
Northwest Farm Credit Services Flca's average 30 year fixed rate mortgage of loans were
3.53%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.38%.
Relative Fees
Northwest Farm Credit Services Flca's average total fees for a 30 year fixed rate
mortgage are $10,161.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| 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.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 507 | $265,095,000 | $522,870 | $9,096 | 3.49% |
For the 2021 period, Northwest Farm Credit Services Flca's most frequently originated loan type of loans were Conventional, with 507 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average 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 the 2021, Northwest Farm Credit Services Flca's most frequently cited loan purpose of loans were Home Purchase, with 246 originations. The 2nd most popular reason of loans were 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 the 2021, Northwest Farm Credit Services Flca's most frequently cited loan length of loans were 30 Year, with 393 originations. The 2nd most popular length of loans were 15 Year, with 89 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $5k+ | 240 | $187,150,000 | $779,792 |
| $3k-4k | 117 | $46,705,000 | $399,188 |
| $2k-3k | 82 | $21,600,000 | $263,415 |
| $1k-2k | 49 | $7,585,000 | $154,796 |
| $<1k | 19 | $2,055,000 | $108,158 |
$10,161 of loans were Northwest Farm Credit Services Flca's average total fees, while their most frequently occuring range of origination fees 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 of loans were 3.53%, while their most frequently originated rate bucket of loans were 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 applications81.27%
Northwest Farm Credit Services Flca has a below average approval rate.
Pick Rate
Approvals leading to origination43.56%
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% |
