Northwest Farm Credit Services Flca Mortgage Rates, Fees & Info

Spokane, WA

LEI: 549300KDR80I1ELW8D36

Tax ID: 91-2006136

1 stars - out of 5 stars, based on 23 reviews

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

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Mortgage Data

  • SimulatedRates™
  • 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.

    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 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.

    SPOKANE FIREFIGHTERS CREDIT UNION
    Similarity Rank: 360
    CASTPARTS EMPLOYEES
    Similarity Rank: 660
    HERITAGE GROVE Federal Credit Union
    Similarity Rank: 1010
    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%