Nw Priority Credit Union Mortgage Rates, Fees & Info
Portland, ORLEI: 549300MRNL011DYRV285
Tax ID: 93-0323668
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Nw Priority Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Nw Priority Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Longview, Prineville, Seattle, and Salem among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Nw Priority 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.
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.
Originations
109Origination Dollar Volume (All Markets)
$10,825,000Top 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 |
|---|---|---|---|---|---|
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 97 | $9,065,000 | $93,454 | $0 | 0.00% |
| LONGVIEW, WA (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $0 | 0.00% |
| Prineville, OR (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| SALEM, OR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Newport, OR (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 0.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Roseburg, OR (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 109 | $10,825,000 | $99,312 | $0 | 0.00% |
For 2018, Nw Priority Credit Union's most frequently originated type of loan was Conventional, with 109 originations.
Loan Reason
For 2018, Nw Priority Credit Union's most frequently cited loan purpose was Home Improvement, with 30 originations. The 2nd most popular reason was Other, with 30 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 109 | $10,825,000 | $99,312 | $0 | 0.00% |
For 2018, Nw Priority Credit Union's most frequently cited loan duration was Other, with 109 originations.
Loan Sizing
2018 saw Nw Priority Credit Union place emphasis on $100,000 or less loans with 67 originations, totaling $2,625,000 in origination value.
Applicant Income
Nw Priority Credit Union lent most frequently to those with incomes in the $50k-75k range, with 35 originations. The second most popular income band? $75k-100k, with 24 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 109 | $10,825,000 | $99,312 | $0 | 0.00% |
Nw Priority Credit Union lent most frequently to those with DTI ratios of Exempt%, with 109 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.00%
Nw Priority Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination77.06%
Nw Priority Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 109 | $10,825,000 | $99,312 |