Numerica Credit Union Mortgage Rates, Fees & Info
Spokane Valley, WALEI: 549300N52O6FKUCU5G62
Tax ID: 91-0863377
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Numerica Credit Union is a smaller credit union specializing in Home Improvement, 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Spokane, Kennewick, Wenatchee, Sandpoint, and Boise City among others. We have data for 33 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.35% | 9/25/23 |
| 30 Year Conventional Purchase | 6.75% | 9/25/23 |
| 30 Year Conventional Refi | 6.67% | 9/25/23 |
| 30 Year Cash-out Refi | 6.90% | 9/25/23 |
| 30 Year FHA Purchase | 7.08% | 9/25/23 |
| 30 Year VA Purchase | 6.37% | 9/25/23 |
| 30 Year USDA Purchase | 6.50% | 9/25/23 |
| 15 Year Conventional Purchase | 6.33% | 9/25/23 |
| 15 Year Conventional Refi | 6.25% | 9/25/23 |
| 15 Year Cash-out Refi | 6.25% | 9/25/23 |
| 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. | ||
Numerica Credit Union Mortgage Calculator
Your Estimates
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This is not an official calculator from Numerica 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
2,988Origination Dollar Volume (All Markets)
$656,040,000Awards
NUMERICA CREDIT UNION - 2022
NUMERICA CREDIT UNION is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Relative Rate
Numerica Credit Union's average 30 year fixed mortgage rate was
4.92%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.16%.
Relative Fees (Closing Costs)
Numerica Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,965.
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 |
|---|---|---|---|---|---|
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1,408 | $306,240,000 | $217,500 | $7,077 | 5.10% |
| Outside of Metro Areas | 431 | $109,135,000 | $253,213 | $10,473 | 5.02% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 542 | $86,650,000 | $159,871 | $6,263 | 5.43% |
| WENATCHEE, WA (FHA|USDA|VA) | 365 | $50,755,000 | $139,055 | $6,695 | 5.11% |
| Outside of Metro Areas | 68 | $17,340,000 | $255,000 | $9,072 | 5.34% |
| Sandpoint, ID (FHA|USDA|VA) | 40 | $15,980,000 | $399,500 | $13,495 | 5.12% |
| BOISE CITY, ID (FHA|USDA|VA) | 3 | $15,035,000 | $5,011,667 | $10,084 | 4.47% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 18 | $12,070,000 | $670,556 | $11,130 | 5.34% |
| Moscow, ID (FHA|USDA|VA) | 3 | $9,505,000 | $3,168,333 | $0 | 5.08% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $4,630,000 | $1,157,500 | $9,508 | 3.84% |
| Moses Lake, WA (FHA|USDA|VA) | 28 | $4,300,000 | $153,571 | $6,686 | 5.40% |
| WALLA WALLA, WA (FHA|USDA|VA) | 19 | $4,295,000 | $226,053 | $15,482 | 5.44% |
| MISSOULA, MT (FHA|USDA|VA) | 2 | $3,190,000 | $1,595,000 | $8,195 | 5.25% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 7 | $3,095,000 | $442,143 | $3,641 | 4.91% |
| YAKIMA, WA (FHA|USDA|VA) | 18 | $2,930,000 | $162,778 | $5,997 | 6.11% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $1,805,000 | $1,805,000 | $0 | 4.21% |
| Pullman, WA (FHA|USDA|VA) | 6 | $970,000 | $161,667 | $5,664 | 6.10% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $0 | 4.47% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $0 | 4.47% |
| Kalispell, MT (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $16,596 | 6.50% |
| Othello, WA (FHA|USDA|VA) | 6 | $770,000 | $128,333 | $5,288 | 4.46% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $0 | 4.75% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $0 | 6.38% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $8,770 | 6.50% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $4,739 | 4.81% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 3.50% |
| Astoria, OR (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $5,177 | 3.25% |
| Newport, OR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,569 | 5.25% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,344 | 3.25% |
| Burley, ID (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 6.02% |
| Ellensburg, WA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 7.50% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,469 | 6.25% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.25% |
Similar Lenders
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Product Mix
For 2022, Numerica Credit Union's most frequently originated type of loan was HELOC, with 2,382 originations. Their 2nd most popular type was Conventional, with 590 originations.
Loan Reason
For 2022, Numerica Credit Union's most frequently cited loan purpose was Home Improvement, with 1,409 originations. The 2nd most popular reason was Cash Out Refi, with 596 originations.
Loan Duration/Length
For 2022, Numerica Credit Union's most frequently cited loan duration was Other, with 2,382 originations. The 2nd most popular length was 30 Year, with 436 originations.
Origination Fees/Closing Costs
Numerica Credit Union's average total fees were $7,965, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 146 originations.
Interest Rates
During 2022, Numerica Credit Union's average interest rate for loans was 4.92%, while their most frequently originated rate bucket for loans was 3-4%, with 820 originations.
Loan Sizing
2022 saw Numerica Credit Union place emphasis on $100k-200k loans with 1,118 originations, totaling $143,140,000 in origination value.
Applicant Income
Numerica Credit Union lent most frequently to those with incomes in the $100k-150k range, with 840 originations. The second most popular income band? $75k-100k, with 564 originations.
Applicant Debt to Income Ratio
Numerica Credit Union lent most frequently to those with DTI ratios of 20-30%, with 615 originations. The next most common DTI ratio? 30-36%, with 572 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications75.08%
Numerica Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination88.86%
Numerica Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,988 | $656,040,000 | $219,558 |