Creighton Federal Credit Union Mortgage Rates, Fees & Info
Omaha, NELEI: 549300LNFFMJM1GR5C72
Tax ID: 47-0400146
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Creighton Federal Credit Union is a smaller credit union specializing in Home Purchase loans. Creighton Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Omaha, Kansas City, and Minneapolis among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)Creighton Federal Credit Union has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
60Origination Dollar Volume (All Markets)
$6,970,000Top 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 |
|---|---|---|---|---|---|
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 58 | $6,750,000 | $116,379 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against CREIGHTON FEDERAL CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 153
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 60 | $6,970,000 | $116,167 | $0 | 0.00% |
For 2018, Creighton Federal Credit Union's most frequently originated type of loan was Conventional, with 60 originations.
Loan Reason
For 2018, Creighton Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 19 originations. The 2nd most popular reason was Home Purchase, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 60 | $6,970,000 | $116,167 | $0 | 0.00% |
For 2018, Creighton Federal Credit Union's most frequently cited loan duration was Other, with 60 originations.
Loan Sizing
2018 saw Creighton Federal Credit Union place emphasis on $100,000 or less loans with 32 originations, totaling $1,320,000 in origination value.
Applicant Income
Creighton Federal Credit Union lent most frequently to those with incomes in the $50k-75k range, with 14 originations. The second most popular income band? $100k-150k, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 60 | $6,970,000 | $116,167 | $0 | 0.00% |
Creighton Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 60 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.51%
Creighton Federal Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination58.33%
Creighton Federal Credit Union 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 |
|---|---|---|---|
| Exempt | 60 | $6,970,000 | $116,167 |