Numerica Credit Union Mortgage Rates, Fees & Info

Spokane Valley, WA

LEI: 549300N52O6FKUCU5G62

Tax ID: 91-0863377

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Numerica Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi 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 Seattle among others. We have data for 23 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.35% 4/22/24
    30 Year Conventional Purchase 6.75% 4/22/24
    30 Year Conventional Refi 6.67% 4/22/24
    30 Year Cash-out Refi 6.90% 4/22/24
    30 Year FHA Purchase 7.08% 4/22/24
    30 Year VA Purchase 6.37% 4/22/24
    30 Year USDA Purchase 6.50% 4/22/24
    15 Year Conventional Purchase 6.33% 4/22/24
    15 Year Conventional Refi 6.25% 4/22/24
    15 Year Cash-out Refi 6.25% 4/22/24
    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.

    Numerica Credit Union Mortgage Calculator






    Your Estimates

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

    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

    2,596

    Origination Dollar Volume (All Markets)

    $343,310,000
    Show all (5) awards

    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) 1,309 $188,925,000 $144,328 $5,368 5.33%
    Outside of Metro Areas 399 $52,325,000 $131,140 $6,382 5.38%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 398 $34,850,000 $87,563 $4,636 5.84%
    WENATCHEE, WA (FHA|USDA|VA) 320 $31,210,000 $97,531 $5,764 5.38%
    Sandpoint, ID (FHA|USDA|VA) 48 $15,690,000 $326,875 $9,018 5.11%
    Outside of Metro Areas 46 $5,860,000 $127,391 $4,880 5.04%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $4,455,000 $636,429 $9,227 4.79%
    Pullman, WA (FHA|USDA|VA) 13 $1,615,000 $124,231 $5,929 5.37%
    Moses Lake, WA (FHA|USDA|VA) 14 $1,480,000 $105,714 $5,385 5.39%
    Othello, WA (FHA|USDA|VA) 5 $1,395,000 $279,000 $6,949 5.69%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 4 $1,180,000 $295,000 $5,982 4.84%
    WALLA WALLA, WA (FHA|USDA|VA) 11 $725,000 $65,909 $12,472 5.73%
    Moscow, ID (FHA|USDA|VA) 4 $630,000 $157,500 $4,879 5.57%
    YAKIMA, WA (FHA|USDA|VA) 8 $590,000 $73,750 $6,082 6.19%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $455,000 $455,000 $8,536 3.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $385,000 $385,000 $5,228 4.25%
    LEWISTON, ID-WA (FHA|USDA|VA) 1 $355,000 $355,000 $8,747 4.75%
    Bozeman, MT (FHA|USDA|VA) 1 $325,000 $325,000 $4,462 3.75%
    Hermiston-Pendleton, OR (FHA|USDA|VA) 2 $290,000 $145,000 $4,761 5.13%
    LONGVIEW, WA (FHA|USDA|VA) 1 $275,000 $275,000 $6,316 5.13%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $235,000 $235,000 $5,892 5.75%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.50%
    BOISE CITY, ID (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.25%
    Numerica Credit Union's top markets include Spokane, Kennewick, Wenatchee, Sandpoint, and Seattle among others.

    Their top states include:
  • Washington (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)

    • Similar Lenders

    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.

    Yakima Federal Savings and Loan Association
    Similarity Rank: 96
    Potlatch No. 1 Financial Credit Union
    Similarity Rank: 126
    SPOKANE FIREFIGHTERS CREDIT UNION
    Similarity Rank: 275
    Peoples Bank
    Similarity Rank: 432
    Idaho Independent Bank
    Similarity Rank: 448
    HAPO COMMUNITY CREDIT UNION
    Similarity Rank: 620
    IDAHO CENTRAL
    Similarity Rank: 992
    Boeing Employees Credit Union
    Similarity Rank: 1118
    PRIORITY HOME LENDING, LLC
    Similarity Rank: 1120
    Columbia State Bank
    Similarity Rank: 1368

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,821 $121,475,000 $66,708 n/a 5.70%
    Conventional 681 $202,045,000 $296,689 $5,402 4.79%
    FHA 54 $11,010,000 $203,889 $8,553 4.31%
    VA 31 $6,945,000 $224,032 $5,696 4.23%
    USDA 9 $1,835,000 $203,889 $7,022 4.47%

    For 2018, Numerica Credit Union's most frequently originated type of loan was HELOC, with 1,821 originations. Their 2nd most popular type was Conventional, with 681 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 849 $48,595,000 $57,238 $2,960 5.65%
    Home Purchase 612 $160,320,000 $261,961 $6,033 4.84%
    Cash Out Refi 605 $88,525,000 $146,322 $4,870 5.47%
    Other 472 $29,650,000 $62,818 $6,590 5.74%
    Refi 58 $16,220,000 $279,655 $4,419 4.65%

    For 2018, Numerica Credit Union's most frequently cited loan purpose was Home Improvement, with 849 originations. The 2nd most popular reason was Home Purchase, with 612 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 1,823 $127,395,000 $69,882 $0 5.70%
    30 Year 587 $137,545,000 $234,319 $5,826 4.75%
    15 Year 117 $31,185,000 $266,538 $5,163 4.54%
    10 Year 43 $42,845,000 $996,395 $4,037 5.01%
    20 Year 25 $4,265,000 $170,600 $4,615 4.47%
    5 Year 1 $75,000 $75,000 $0 5.90%

    For 2018, Numerica Credit Union's most frequently cited loan duration was Other, with 1,823 originations. The 2nd most popular length was 30 Year, with 587 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 217 $37,675,000 $173,618
    $3k-4k 143 $35,855,000 $250,734
    $1k-2k 139 $27,265,000 $196,151
    $5k+ 74 $30,680,000 $414,595
    $<1k 63 $19,415,000 $308,175
    $4k-5k 60 $16,570,000 $276,167

    Numerica Credit Union's average total fees were $5,826, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 217 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 1,226 $139,110,000 $113,467
    4-5% 909 $159,625,000 $175,605
    6-7% 258 $15,670,000 $60,736
    7-8% 108 $6,110,000 $56,574
    3-4% 70 $21,380,000 $305,429
    Over 8% 24 $1,250,000 $52,083
    2.5-3% 1 $165,000 $165,000

    During 2018, Numerica Credit Union's average interest rate for loans was 4.75%, while their most frequently originated rate bucket for loans was 5-6%, with 1,226 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,569 $76,905,000 $49,015 $3,226 5.69%
    $100k-200k 550 $76,800,000 $139,636 $4,584 5.14%
    $200k-400k 369 $96,135,000 $260,528 $6,397 4.83%
    $400k-600k 55 $25,965,000 $472,091 $9,069 4.74%
    $600k-1MM 30 $22,950,000 $765,000 $7,774 4.68%
    $1MM+ 23 $44,555,000 $1,937,174 $12,482 5.02%

    2018 saw Numerica Credit Union place emphasis on $100,000 or less loans with 1,569 originations, totaling $76,905,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 672 $66,480,000 $98,929 $5,330 5.40%
    $100k-150k 552 $64,160,000 $116,232 $6,885 5.48%
    $75k-100k 521 $54,465,000 $104,539 $6,075 5.49%
    $50k or less 409 $34,415,000 $84,144 $4,490 5.35%
    $150k-250k 232 $35,300,000 $152,155 $6,991 5.45%
    $250k+ 103 $35,725,000 $346,845 $6,283 5.08%

    Numerica Credit Union lent most frequently to those with incomes in the $50k-75k range, with 672 originations. The second most popular income band? $100k-150k, with 552 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 533 $63,675,000 $119,465 $5,161 5.26%
    30-36% 501 $57,735,000 $115,240 $5,574 5.43%
    <20% 244 $27,170,000 $111,352 $4,439 5.22%
    43% 129 $11,605,000 $89,961 $6,403 5.66%
    42% 124 $12,800,000 $103,226 $5,657 5.65%
    41% 120 $13,050,000 $108,750 $6,048 5.61%
    40% 113 $12,665,000 $112,080 $5,293 5.56%
    45% 105 $9,775,000 $93,095 $6,740 5.63%
    44% 105 $10,035,000 $95,571 $5,592 5.54%
    38% 104 $11,090,000 $106,635 $5,468 5.47%
    39% 104 $10,950,000 $105,288 $5,505 5.61%
    37% 92 $10,590,000 $115,109 $5,680 5.56%
    36% 84 $9,810,000 $116,786 $5,768 5.51%
    46% 65 $6,955,000 $107,000 $5,243 5.41%
    49% 34 $8,860,000 $260,588 $6,854 4.73%
    47% 34 $6,130,000 $180,294 $7,046 5.13%
    48% 33 $7,075,000 $214,394 $6,452 4.97%
    50-60% 25 $4,655,000 $186,200 $6,347 5.32%
    >60% 5 $385,000 $77,000 $4,652 5.26%

    Numerica Credit Union lent most frequently to those with DTI ratios of 20-30%, with 533 originations. The next most common DTI ratio? 30-36%, with 501 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,325 $261,495,000 $112,471 $5,557 5.43%
    Not applicable 44 $47,440,000 $1,078,182 $0 5.13%
    Not provided 138 $24,150,000 $175,000 $7,160 5.30%
    American Indian 33 $3,405,000 $103,182 $5,995 5.53%
    Asian 27 $3,095,000 $114,630 $4,444 5.35%
    Black 15 $2,255,000 $150,333 $5,591 5.20%
    Other Asian 5 $1,035,000 $207,000 $8,850 5.10%
    Native Hawaiian or Islander 4 $180,000 $45,000 $3,169 5.41%
    Other Pacific Islander 3 $155,000 $51,667 $0 6.33%
    Asian Indian 1 $75,000 $75,000 $0 5.00%
    Japanese 1 $25,000 $25,000 $0 5.75%

    Approval Rates

    Total approvals of all applications
    76.64%

    Numerica Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    82.40%

    Numerica Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,596 $343,310,000 $132,246

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 11 $15,155,000 $1,377,727
    Multifamily:Site-Built 16 $25,610,000 $1,600,625
    Single Family (1-4 Units):Manufactured 97 $8,765,000 $90,361
    Single Family (1-4 Units):Site-Built 2,472 $293,780,000 $118,843

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 736 $62,800,000 $85,326 $3,862 5.66%
    40-60% 205 $35,915,000 $175,195 $4,771 5.13%
    60-80% 321 $110,025,000 $342,757 $5,580 4.94%
    80-100% 384 $96,480,000 $251,250 $6,119 4.75%
    Under 20% 947 $37,835,000 $39,952 $4,504 5.72%