Farmers Insurance Group Federal Credit Union Mortgage Rates, Fees & Info

Burbank, CA

LEI: 549300KPHGEE40YQXO21

Tax ID: 95-1661138

5 stars - Updated: 6/9/24 - out of 5 stars, based on 19 reviews

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

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Mortgage Data

Review & Overview

Farmers Insurance Group Federal Credit Union is a smaller credit union specializing in Home Improvement and Other loans. Farmers Insurance Group Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, New York, Phoenix, and Nashville among others. We have data for 123 markets. (Some data included below & more in-depth data is available with an active subscription.)

Farmers Insurance Group Federal Credit Union has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Farmers Insurance Group Federal Credit Union is typically an average 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
Home Equity Line of Credit (HELOC) 6.27% 6/9/24
30 Year Conventional Purchase 6.32% 6/9/24
30 Year Conventional Refi 6.85% 6/9/24
30 Year Cash-out Refi 6.74% 6/9/24
15 Year Conventional Purchase 5.97% 6/9/24
15 Year Conventional Refi 6.74% 6/9/24
15 Year Cash-out Refi 6.74% 6/9/24
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.

Farmers Insurance Group Federal Credit Union Mortgage Calculator






Your Estimates

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

This is not an official calculator from Farmers Insurance Group Federal Credit Union. 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

366

Origination Dollar Volume (All Markets)

$50,380,000

Awards

FARMERS INSURANCE GROUP FEDERAL CREDIT UNION 30 Year Conventional Loans silver
Show all (1) awards

Relative Rate

Farmers Insurance Group Federal Credit Union's average 30 year fixed mortgage rate was 6.18%.

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

This yields a difference of -0.3%.

Relative Fees (Closing Costs)

Farmers Insurance Group Federal Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $6,161.

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 $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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 39 $6,575,000 $168,590 $0 8.69%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 23 $3,025,000 $131,522 $0 9.19%
Outside of Metro Areas 8 $2,720,000 $340,000 $4,845 8.65%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 12 $1,880,000 $156,667 $0 9.29%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 11 $1,785,000 $162,273 $0 10.04%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 5 $1,775,000 $355,000 $9,876 9.50%
KANSAS CITY, MO-KS (FHA|USDA|VA) 17 $1,765,000 $103,824 $875 8.48%
ALBUQUERQUE, NM (FHA|USDA|VA) 8 $1,500,000 $187,500 $3,680 8.75%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 14 $1,290,000 $92,143 $0 9.14%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 9 $1,245,000 $138,333 $0 8.66%
SALT LAKE CITY, UT (FHA|USDA|VA) 4 $1,160,000 $290,000 $5,224 8.21%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $1,090,000 $272,500 $1,573 9.50%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 9 $1,025,000 $113,889 $0 9.10%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $965,000 $321,667 $4,129 7.58%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 6 $930,000 $155,000 $0 8.25%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 5 $815,000 $163,000 $0 10.74%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $785,000 $157,000 $13,243 9.27%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 6 $760,000 $126,667 $0 8.33%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $670,000 $167,500 $0 9.50%
OKLAHOMA CITY, OK (FHA|USDA|VA) 8 $640,000 $80,000 $0 8.59%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 5 $605,000 $121,000 $0 10.84%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $585,000 $195,000 $0 8.50%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $570,000 $142,500 $0 8.50%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 7 $555,000 $79,286 $0 8.92%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 7 $495,000 $70,714 $0 9.43%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $475,000 $158,333 $0 10.16%
JEFFERSON CITY, MO (FHA|USDA|VA) 3 $455,000 $151,667 $2,183 8.04%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $445,000 $89,000 $0 9.50%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $440,000 $220,000 $0 8.00%
RICHMOND, VA (FHA|USDA|VA) 2 $430,000 $215,000 $3,541 9.25%
TULSA, OK (FHA|USDA|VA) 3 $425,000 $141,667 $0 8.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $405,000 $405,000 $5,140 4.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 4 $400,000 $100,000 $0 10.50%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $395,000 $395,000 $6,710 5.75%
NAPA, CA (FHA|USDA|VA) 1 $355,000 $355,000 $0 8.49%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $355,000 $355,000 $0 8.74%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $355,000 $355,000 $0 12.25%
FRESNO, CA (FHA|USDA|VA) 4 $330,000 $82,500 $0 8.25%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $330,000 $165,000 $0 7.12%
BILLINGS, MT (FHA|USDA|VA) 2 $330,000 $165,000 $4,502 8.63%
TUCSON, AZ (FHA|USDA|VA) 4 $320,000 $80,000 $0 8.87%
Rexburg, ID (FHA|USDA|VA) 1 $285,000 $285,000 $0 10.75%
Ottawa, KS (FHA|USDA|VA) 1 $275,000 $275,000 $0 8.49%
MORRISTOWN, TN (FHA|USDA|VA) 2 $260,000 $130,000 $1,853 8.13%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $235,000 $235,000 $0 10.25%
FORT WAYNE, IN (FHA|USDA|VA) 1 $235,000 $235,000 $5,802 6.00%
PITTSBURGH, PA (FHA|USDA|VA) 2 $230,000 $115,000 $0 11.00%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $215,000 $215,000 $3,617 6.88%
KINGSTON, NY (FHA|USDA|VA) 1 $205,000 $205,000 $0 7.74%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $205,000 $205,000 $0 9.25%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $200,000 $100,000 $0 9.00%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $200,000 $100,000 $0 8.62%
READING, PA (FHA|USDA|VA) 3 $195,000 $65,000 $0 12.75%
WENATCHEE, WA (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.75%
MERCED, CA (FHA|USDA|VA) 4 $190,000 $47,500 $0 8.56%
FORT COLLINS, CO (FHA|USDA|VA) 2 $180,000 $90,000 $0 8.37%
TOPEKA, KS (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.75%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $175,000 $175,000 $0 11.75%
Sandpoint, ID (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.74%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $175,000 $58,333 $0 7.92%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $160,000 $80,000 $0 6.12%
WARNER ROBINS, GA (FHA|USDA|VA) 2 $160,000 $80,000 $0 9.88%
VALLEJO, CA (FHA|USDA|VA) 1 $155,000 $155,000 $0 8.49%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $150,000 $75,000 $0 9.87%
Harrison, AR (FHA|USDA|VA) 2 $140,000 $70,000 $2,186 8.75%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $135,000 $135,000 $0 8.49%
LAS CRUCES, NM (FHA|USDA|VA) 1 $135,000 $135,000 $0 8.75%
Martin, TN (FHA|USDA|VA) 1 $125,000 $125,000 $0 9.75%
ENID, OK (FHA|USDA|VA) 1 $125,000 $125,000 $0 12.49%
GAINESVILLE, GA (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.25%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $115,000 $115,000 $0 13.25%
Ponca City, OK (FHA|USDA|VA) 1 $115,000 $115,000 $0 12.00%
MODESTO, CA (FHA|USDA|VA) 2 $110,000 $55,000 $0 7.50%
AMARILLO, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 10.25%
RENO, NV (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.99%
VALDOSTA, GA (FHA|USDA|VA) 1 $105,000 $105,000 $0 11.25%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $105,000 $105,000 $3,280 6.38%
Hobbs, NM (FHA|USDA|VA) 1 $105,000 $105,000 $0 10.99%
STOCKTON, CA (FHA|USDA|VA) 2 $100,000 $50,000 $0 9.50%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $95,000 $95,000 $0 8.75%
LaGrange, GA-AL (FHA|USDA|VA) 1 $95,000 $95,000 $0 13.99%
GREENVILLE, NC (FHA|USDA|VA) 1 $95,000 $95,000 $0 13.49%
BOULDER, CO (FHA|USDA|VA) 1 $95,000 $95,000 $0 8.50%
Roswell, NM (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.75%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $85,000 $85,000 $0 8.74%
SALEM, OR (FHA|USDA|VA) 2 $80,000 $40,000 $0 8.49%
EL PASO, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 9.25%
MANKATO, MN (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.25%
Bellefontaine, OH (FHA|USDA|VA) 1 $75,000 $75,000 $0 7.75%
Cortland, NY (FHA|USDA|VA) 1 $75,000 $75,000 $0 11.25%
COLUMBIA, MO (FHA|USDA|VA) 1 $75,000 $75,000 $0 7.74%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 9.25%
BOISE CITY, ID (FHA|USDA|VA) 1 $65,000 $65,000 $0 11.75%
Ottawa, IL (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.25%
MADISON, WI (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.74%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.25%
Clovis, NM (FHA|USDA|VA) 1 $65,000 $65,000 $0 12.49%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $55,000 $55,000 $0 10.99%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.99%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.49%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.25%
COLUMBIA, SC (FHA|USDA|VA) 1 $55,000 $55,000 $0 9.25%
FARMINGTON, NM (FHA|USDA|VA) 1 $55,000 $55,000 $0 9.25%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $55,000 $55,000 $0 11.25%
Ludington, MI (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.74%
MADERA, CA (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.75%
Oil City, PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.49%
Port Angeles, WA (FHA|USDA|VA) 1 $55,000 $55,000 $0 10.24%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.75%
KNOXVILLE, TN (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.75%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.75%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.99%
GREELEY, CO (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.25%
TWIN FALLS, ID (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.74%
Dublin, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 10.25%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.75%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $35,000 $35,000 $0 9.24%
YUMA, AZ (FHA|USDA|VA) 1 $35,000 $35,000 $0 9.75%
JOPLIN, MO (FHA|USDA|VA) 1 $35,000 $35,000 $0 9.75%
TYLER, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.25%
AKRON, OH (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.49%
LIMA, OH (FHA|USDA|VA) 1 $25,000 $25,000 $0 9.99%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $25,000 $25,000 $0 7.75%
Farmers Insurance Group Federal Credit Union's top markets include Los Angeles, Riverside, New York, Phoenix, and Nashville among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 184 $24,630,000 $133,859 n/a 9.24%
    Conventional 182 $25,750,000 $141,484 $1,367 8.67%

    For 2023, Farmers Insurance Group Federal Credit Union's most frequently originated type of loan was HELOC, with 184 originations. Their 2nd most popular type was Conventional, with 182 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 144 $17,910,000 $124,375 $0 8.69%
    Other 140 $14,460,000 $103,286 $0 9.38%
    Refi 42 $6,950,000 $165,476 $721 9.37%
    Home Purchase 38 $9,180,000 $241,579 $4,357 8.16%
    Cash Out Refi 2 $1,880,000 $940,000 $8,596 5.43%

    For 2023, Farmers Insurance Group Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 144 originations. The 2nd most popular reason was Other, with 140 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 184 $24,630,000 $133,859 $0 9.24%
    20 Year 121 $14,115,000 $116,653 $132 9.10%
    15 Year 23 $2,375,000 $103,261 $867 8.73%
    30 Year 22 $8,520,000 $387,273 $6,161 6.18%
    10 Year 11 $525,000 $47,727 $0 9.29%
    5 Year 5 $215,000 $43,000 $0 7.55%

    For 2023, Farmers Insurance Group Federal Credit Union's most frequently cited loan duration was Other, with 184 originations. The 2nd most popular length was 20 Year, with 121 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 89 $9,115,000 $102,416
    $1k-2k 14 $4,630,000 $330,714
    $5k+ 5 $2,875,000 $575,000
    $4k-5k 3 $1,215,000 $405,000
    $2k-3k 2 $250,000 $125,000
    $3k-4k 1 $345,000 $345,000

    Farmers Insurance Group Federal Credit Union's average total fees were $6,161, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 89 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 247 $30,015,000 $121,518
    7-8% 56 $7,560,000 $135,000
    6-7% 37 $5,065,000 $136,892
    5-6% 22 $5,270,000 $239,545
    4-5% 4 $2,470,000 $617,500

    During 2023, Farmers Insurance Group Federal Credit Union's average interest rate for loans was 6.18%, while their most frequently originated rate bucket for loans was Over 8%, with 247 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 175 $10,185,000 $58,200 $43 9.11%
    $100k-200k 105 $14,265,000 $135,857 $542 8.89%
    $200k-400k 78 $20,870,000 $267,564 $3,993 9.00%
    $400k-600k 6 $2,830,000 $471,667 $6,237 6.38%
    $1MM+ 1 $1,605,000 $1,605,000 $10,131 4.99%
    $600k-1MM 1 $625,000 $625,000 $7,738 6.00%

    2023 saw Farmers Insurance Group Federal Credit Union place emphasis on $100,000 or less loans with 175 originations, totaling $10,185,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 111 $17,235,000 $155,270 $1,330 9.17%
    $100k-150k 84 $9,730,000 $115,833 $741 9.02%
    $250k+ 74 $15,550,000 $210,135 $2,572 8.87%
    $75k-100k 44 $3,460,000 $78,636 $647 8.82%
    $50k-75k 35 $3,085,000 $88,143 $2,103 8.71%
    $50k or less 11 $565,000 $51,364 $656 8.10%

    Farmers Insurance Group Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 111 originations. The second most popular income band? $100k-150k, with 84 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 99 $14,885,000 $150,354 $834 9.32%
    30-36% 43 $5,595,000 $130,116 $1,345 8.29%
    20-30% 40 $6,330,000 $158,250 $2,392 8.91%
    <20% 31 $3,835,000 $123,710 $1,979 8.14%
    43% 16 $2,920,000 $182,500 $4,274 9.05%
    >60% 15 $1,645,000 $109,667 $0 8.31%
    45% 14 $1,680,000 $120,000 $1,028 8.89%
    44% 13 $1,605,000 $123,462 $277 9.80%
    38% 11 $1,535,000 $139,545 $167 9.22%
    47% 11 $895,000 $81,364 $0 8.86%
    48% 11 $1,295,000 $117,727 $0 9.75%
    40% 10 $1,340,000 $134,000 $3,529 8.93%
    46% 9 $745,000 $82,778 $229 9.25%
    39% 8 $640,000 $80,000 $4,653 8.98%
    49% 8 $1,470,000 $183,750 $1,550 9.62%
    41% 7 $1,135,000 $162,143 $6,107 8.24%
    36% 7 $535,000 $76,429 $0 8.71%
    42% 7 $925,000 $132,143 $3,449 9.50%
    37% 6 $1,370,000 $228,333 $2,524 9.60%

    Farmers Insurance Group Federal Credit Union lent most frequently to those with DTI ratios of 50-60%, with 99 originations. The next most common DTI ratio? 30-36%, with 43 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 223 $31,475,000 $141,143 $1,667 8.94%
    Not provided 95 $11,935,000 $125,632 $624 8.82%
    Asian 14 $2,520,000 $180,000 $2,361 8.62%
    Black 18 $2,050,000 $113,889 $0 10.25%
    Filipino 3 $665,000 $221,667 $0 8.24%
    Asian Indian 4 $540,000 $135,000 $0 9.00%
    Native Hawaiian or Islander 3 $475,000 $158,333 $0 8.58%
    American Indian 4 $460,000 $115,000 $0 9.75%
    Other Asian 1 $205,000 $205,000 $0 8.24%
    Vietnamese 1 $55,000 $55,000 $0 8.74%

    Approval Rates

    Total approvals of all applications
    83.31%

    Farmers Insurance Group Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    94.54%

    Farmers Insurance Group Federal Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $55,000 $55,000
    NA 365 $50,325,000 $137,877

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    366 $50,380,000 $137,650

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 114 $17,890,000 $156,930 $78 9.35%
    40-60% 29 $6,285,000 $216,724 $1,485 9.64%
    60-80% 19 $6,985,000 $367,632 $6,765 6.73%
    80-100% 14 $4,000,000 $285,714 $4,878 7.38%
    Under 20% 190 $15,220,000 $80,105 $60 8.96%