Numerica Credit Union Mortgage Rates, Fees & InfoSpokane Valley, WA
Tax ID: 91-0863377
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
Review & OverviewNumerica Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Numerica Credit Union has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Spokane, Kennewick, Wenatchee, Sandpoint, and Seattle among others. We have data for 31 markets. (Some data included below & more in-depth data is available with an active subscription.)
Numerica Credit Union 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. Numerica 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 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.
|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||7.29%||3/19/23|
|30 Year Conventional Purchase||6.68%||3/19/23|
|30 Year Conventional Refi||6.60%||3/19/23|
|30 Year Cash-out Refi||6.76%||3/19/23|
|30 Year FHA Purchase||7.11%||3/19/23|
|30 Year VA Purchase||6.14%||3/19/23|
|30 Year VA Refi||6.07%||3/19/23|
|30 Year USDA Purchase||6.27%||3/19/23|
|15 Year Conventional Purchase||5.96%||3/19/23|
|15 Year Conventional Refi||6.05%||3/19/23|
|15 Year Cash-out Refi||6.05%||3/19/23|
|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.|
Origination Dollar Volume (All Markets)$741,605,000
Numerica Credit Union's average 30 year fixed mortgage rate was
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of 0.05%.
Relative Fees (Closing Costs)
Numerica Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,723.
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.
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|
|SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA)||1,624||$376,520,000||$231,847||$5,050||3.49%|
|Outside of Metro Areas||548||$114,810,000||$209,507||$6,206||3.55%|
|KENNEWICK-RICHLAND, WA (FHA|USDA|VA)||483||$80,515,000||$166,698||$4,800||3.74%|
|WENATCHEE, WA (FHA|USDA|VA)||394||$76,410,000||$193,934||$5,387||3.54%|
|Sandpoint, ID (FHA|USDA|VA)||58||$27,080,000||$466,897||$10,789||3.38%|
|Outside of Metro Areas||53||$11,105,000||$209,528||$5,946||3.41%|
|Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA)||15||$10,135,000||$675,667||$7,372||3.03%|
|BOISE CITY, ID (FHA|USDA|VA)||6||$5,180,000||$863,333||$6,448||3.30%|
|Moses Lake, WA (FHA|USDA|VA)||30||$4,290,000||$143,000||$4,885||3.81%|
|MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA)||2||$4,180,000||$2,090,000||$4,449||3.39%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||1||$4,005,000||$4,005,000||$25,235||2.38%|
|MISSOULA, MT (FHA|USDA|VA)||4||$3,850,000||$962,500||$3,754||3.58%|
|YAKIMA, WA (FHA|USDA|VA)||15||$3,695,000||$246,333||$3,718||4.06%|
|BELLINGHAM, WA (FHA|USDA|VA)||2||$2,690,000||$1,345,000||$10,477||3.48%|
|Port Angeles, WA (FHA|USDA|VA)||2||$2,470,000||$1,235,000||$0||3.58%|
|ALBANY-LEBANON, OR (FHA|USDA|VA)||1||$2,255,000||$2,255,000||$0||3.75%|
|PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA)||6||$2,020,000||$336,667||$4,507||2.67%|
|Pullman, WA (FHA|USDA|VA)||10||$1,980,000||$198,000||$3,807||3.20%|
|WALLA WALLA, WA (FHA|USDA|VA)||13||$1,955,000||$150,385||$5,806||3.83%|
|Othello, WA (FHA|USDA|VA)||11||$1,635,000||$148,636||$4,577||4.24%|
|LEWISTON, ID-WA (FHA|USDA|VA)||4||$960,000||$240,000||$5,072||3.47%|
|SALEM, OR (FHA|USDA|VA)||1||$865,000||$865,000||$0||3.75%|
|GREAT FALLS, MT (FHA|USDA|VA)||1||$805,000||$805,000||$0||3.50%|
|Moscow, ID (FHA|USDA|VA)||2||$460,000||$230,000||$1,915||3.31%|
|Prineville, OR (FHA|USDA|VA)||1||$365,000||$365,000||$4,176||2.75%|
|ST. GEORGE, UT (FHA|USDA|VA)||1||$345,000||$345,000||$8,218||2.88%|
|PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA)||1||$275,000||$275,000||$3,220||3.63%|
|Hermiston-Pendleton, OR (FHA|USDA|VA)||1||$255,000||$255,000||$6,303||3.25%|
|BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA)||1||$245,000||$245,000||$7,222||3.00%|
|Ellensburg, WA (FHA|USDA|VA)||1||$155,000||$155,000||$0||2.75%|
|CINCINNATI, OH-KY-IN (FHA|USDA|VA)||1||$95,000||$95,000||$0||3.38%|
We use machine learning to identify the top lenders compared against NUMERICA CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 360
Similarity Rank: 408
Similarity Rank: 455
Similarity Rank: 931
Similarity Rank: 1692
Similarity Rank: 2220
Similarity Rank: 2442
Similarity Rank: 2738
Similarity Rank: 2744
Similarity Rank: 4067
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2021, Numerica Credit Union's most frequently originated type of loan was HELOC, with 1,824 originations. Their 2nd most popular type was Conventional, with 1,423 originations.
For 2021, Numerica Credit Union's most frequently cited loan purpose was Home Improvement, with 1,055 originations. The 2nd most popular reason was Cash Out Refi, with 856 originations.
For 2021, Numerica Credit Union's most frequently cited loan duration was Other, with 1,824 originations. The 2nd most popular length was 30 Year, with 963 originations.
Origination Fees/Closing Costs
Numerica Credit Union's average total fees were $5,723, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 343 originations.
During 2021, Numerica Credit Union's average interest rate for loans was 3.20%, while their most frequently originated rate bucket for loans was 3-4%, with 2,276 originations.
2021 saw Numerica Credit Union place emphasis on $100k-200k loans with 1,067 originations, totaling $147,305,000 in origination value.
Numerica Credit Union lent most frequently to those with incomes in the $100k-150k range, with 755 originations. The second most popular income band? $50k-75k, with 637 originations.
Applicant Debt to Income Ratio
Numerica Credit Union lent most frequently to those with DTI ratios of 20-30%, with 806 originations. The next most common DTI ratio? 30-36%, with 597 originations.
Approval RatesTotal approvals of all applications
Numerica Credit Union has a below average approval rate.
Pick RateApprovals leading to origination
Numerica Credit Union has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|