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

Jump to:

  • 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 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, Seattle, and Sandpoint 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.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.35% 12/16/24
    30 Year Conventional Purchase 6.75% 12/16/24
    30 Year Conventional Refi 6.67% 12/16/24
    30 Year Cash-out Refi 6.90% 12/16/24
    30 Year FHA Purchase 7.08% 12/16/24
    30 Year VA Purchase 6.37% 12/16/24
    30 Year USDA Purchase 6.50% 12/16/24
    15 Year Conventional Purchase 6.33% 12/16/24
    15 Year Conventional Refi 6.25% 12/16/24
    15 Year Cash-out Refi 6.25% 12/16/24
    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

    3,041

    Origination Dollar Volume (All Markets)

    $642,255,000

    Awards

    NUMERICA CREDIT UNION FHA Loans bronze NUMERICA CREDIT UNION FHA Loans gold NUMERICA CREDIT UNION FHA Loans gold
    Show all (3) 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) 1,534 $322,390,000 $210,163 $4,871 3.72%
    Outside of Metro Areas 481 $95,495,000 $198,534 $6,342 3.78%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 466 $72,810,000 $156,245 $5,348 3.96%
    WENATCHEE, WA (FHA|USDA|VA) 334 $60,930,000 $182,425 $5,372 3.78%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 11 $16,655,000 $1,514,091 $8,064 3.53%
    Sandpoint, ID (FHA|USDA|VA) 48 $14,380,000 $299,583 $8,038 3.52%
    Outside of Metro Areas 51 $13,765,000 $269,902 $6,049 3.54%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $13,225,000 $1,889,286 $5,587 3.49%
    YAKIMA, WA (FHA|USDA|VA) 18 $5,740,000 $318,889 $5,228 4.46%
    Moses Lake, WA (FHA|USDA|VA) 22 $3,340,000 $151,818 $4,678 4.14%
    Pullman, WA (FHA|USDA|VA) 13 $3,205,000 $246,538 $4,858 3.37%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $2,710,000 $1,355,000 $0 3.85%
    LEWISTON, ID-WA (FHA|USDA|VA) 4 $2,350,000 $587,500 $7,873 3.54%
    BOISE CITY, ID (FHA|USDA|VA) 5 $1,855,000 $371,000 $7,289 3.97%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $1,765,000 $588,333 $5,832 3.30%
    Brookings, OR (FHA|USDA|VA) 1 $1,475,000 $1,475,000 $0 3.81%
    Centralia, WA (FHA|USDA|VA) 2 $1,270,000 $635,000 $5,352 3.56%
    Aberdeen, WA (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 3.75%
    CORVALLIS, OR (FHA|USDA|VA) 2 $1,100,000 $550,000 $8,176 2.69%
    WALLA WALLA, WA (FHA|USDA|VA) 10 $1,000,000 $100,000 $4,113 4.53%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $985,000 $328,333 $5,559 3.50%
    Port Angeles, WA (FHA|USDA|VA) 1 $965,000 $965,000 $0 3.75%
    Othello, WA (FHA|USDA|VA) 9 $715,000 $79,444 $2,941 3.76%
    Ellensburg, WA (FHA|USDA|VA) 3 $485,000 $161,667 $3,075 3.38%
    MISSOULA, MT (FHA|USDA|VA) 1 $455,000 $455,000 $6,433 3.50%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $415,000 $415,000 $8,710 3.50%
    Moscow, ID (FHA|USDA|VA) 2 $370,000 $185,000 $3,472 3.13%
    Newport, OR (FHA|USDA|VA) 1 $225,000 $225,000 $7,749 2.75%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $205,000 $205,000 $5,238 3.13%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $205,000 $205,000 $3,647 2.88%
    GREAT FALLS, MT (FHA|USDA|VA) 1 $205,000 $205,000 $3,148 2.88%
    MEDFORD, OR (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.13%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $165,000 $165,000 $3,886 3.50%
    Numerica Credit Union's top markets include Spokane, Kennewick, Wenatchee, Seattle, and Sandpoint among others.

    Their top states include:
  • Washington (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Arizona (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.

    SPOKANE FIREFIGHTERS CREDIT UNION
    Similarity Rank: 231
    Yakima Federal Savings and Loan Association
    Similarity Rank: 495
    Peoples Bank
    Similarity Rank: 774
    Cashmere Valley Bank
    Similarity Rank: 864
    HAPO COMMUNITY CREDIT UNION
    Similarity Rank: 1512
    Potlatch No. 1 Financial Credit Union
    Similarity Rank: 1870
    Victorian Finance, LLC
    Similarity Rank: 2527
    Solarity Credit Union
    Similarity Rank: 2678
    MID AMERICA MORTGAGE, INC.
    Similarity Rank: 2920
    LPMC, LLC
    Similarity Rank: 3024

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,630 $151,530,000 $92,963 n/a 4.18%
    Conventional 1,334 $469,740,000 $352,129 $5,232 3.32%
    VA 43 $12,635,000 $293,837 $6,460 2.91%
    FHA 28 $6,850,000 $244,643 $8,647 2.89%
    USDA 6 $1,500,000 $250,000 $8,375 3.02%

    For 2020, Numerica Credit Union's most frequently originated type of loan was HELOC, with 1,630 originations. Their 2nd most popular type was Conventional, with 1,334 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 798 $66,830,000 $83,747 $6,287 4.10%
    Cash Out Refi 791 $195,535,000 $247,200 $5,288 3.75%
    Home Purchase 610 $219,370,000 $359,623 $5,902 3.37%
    Other 421 $38,935,000 $92,482 $5,960 4.31%
    Refi 421 $121,585,000 $288,800 $4,728 3.22%

    For 2020, Numerica Credit Union's most frequently cited loan purpose was Home Improvement, with 798 originations. The 2nd most popular reason was Cash Out Refi, with 791 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 1,634 $155,370,000 $95,086 $0 4.18%
    30 Year 947 $285,055,000 $301,008 $5,567 3.31%
    15 Year 233 $77,625,000 $333,155 $4,785 2.99%
    10 Year 133 $95,165,000 $715,526 $4,635 3.75%
    20 Year 91 $21,055,000 $231,374 $4,826 3.24%
    5 Year 3 $7,985,000 $2,661,667 $0 3.80%

    For 2020, Numerica Credit Union's most frequently cited loan duration was Other, with 1,634 originations. The 2nd most popular length was 30 Year, with 947 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 301 $66,795,000 $221,910
    $3k-4k 280 $81,960,000 $292,714
    $<1k 209 $54,275,000 $259,689
    $5k+ 149 $73,055,000 $490,302
    $1k-2k 144 $28,030,000 $194,653
    $4k-5k 131 $47,205,000 $360,344

    Numerica Credit Union's average total fees were $5,567, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 301 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,929 $433,575,000 $224,767
    2.5-3% 397 $115,935,000 $292,028
    4-5% 377 $54,325,000 $144,098
    5-6% 212 $16,340,000 $77,075
    <2.5% 68 $18,710,000 $275,147
    6-7% 47 $2,625,000 $55,851
    7-8% 11 $745,000 $67,727

    During 2020, Numerica Credit Union's average interest rate for loans was 3.31%, while their most frequently originated rate bucket for loans was 3-4%, with 1,929 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,088 $61,400,000 $56,434 $3,026 4.26%
    $100k-200k 871 $121,495,000 $139,489 $4,068 3.68%
    $200k-400k 820 $225,120,000 $274,537 $5,436 3.33%
    $400k-600k 143 $66,825,000 $467,308 $7,361 3.31%
    $600k-1MM 66 $48,980,000 $742,121 $7,769 3.45%
    $1MM+ 53 $118,435,000 $2,234,623 $17,769 3.65%

    2020 saw Numerica Credit Union place emphasis on $100,000 or less loans with 1,088 originations, totaling $61,400,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 690 $117,240,000 $169,913 $5,531 3.82%
    $50k-75k 687 $92,215,000 $134,229 $5,001 3.80%
    $75k-100k 575 $87,455,000 $152,096 $5,066 3.79%
    $150k-250k 426 $90,000,000 $211,268 $5,959 3.79%
    $50k or less 343 $42,085,000 $122,697 $4,262 3.70%
    $250k+ 201 $90,225,000 $448,881 $7,971 3.48%

    Numerica Credit Union lent most frequently to those with incomes in the $100k-150k range, with 690 originations. The second most popular income band? $50k-75k, with 687 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 735 $129,965,000 $176,823 $4,939 3.67%
    30-36% 560 $97,380,000 $173,893 $5,358 3.75%
    <20% 426 $88,290,000 $207,254 $5,154 3.58%
    40% 112 $19,070,000 $170,268 $4,735 3.78%
    36% 109 $19,745,000 $181,147 $5,300 3.77%
    37% 107 $16,835,000 $157,336 $5,309 3.84%
    41% 107 $18,445,000 $172,383 $5,290 3.90%
    44% 107 $16,685,000 $155,935 $5,406 3.87%
    42% 106 $17,640,000 $166,415 $5,257 4.00%
    39% 106 $18,200,000 $171,698 $5,617 3.84%
    38% 101 $17,985,000 $178,069 $5,702 3.90%
    43% 81 $11,155,000 $137,716 $5,537 4.08%
    45% 71 $9,445,000 $133,028 $5,787 4.09%
    46% 62 $9,170,000 $147,903 $6,350 4.15%
    47% 48 $7,690,000 $160,208 $7,182 4.06%
    48% 33 $8,185,000 $248,030 $6,777 3.73%
    50-60% 28 $9,060,000 $323,571 $8,487 3.47%
    49% 12 $2,960,000 $246,667 $6,589 3.70%
    >60% 11 $1,315,000 $119,545 $6,517 4.00%

    Numerica Credit Union lent most frequently to those with DTI ratios of 20-30%, with 735 originations. The next most common DTI ratio? 30-36%, with 560 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,673 $459,545,000 $171,921 $5,287 3.79%
    Not applicable 116 $121,880,000 $1,050,690 $0 3.83%
    Not provided 175 $47,535,000 $271,629 $6,282 3.55%
    Asian 31 $6,345,000 $204,677 $5,798 3.37%
    American Indian 18 $2,870,000 $159,444 $6,336 4.08%
    Black 17 $2,735,000 $160,882 $4,690 3.80%
    Native Hawaiian or Islander 7 $505,000 $72,143 $0 4.11%
    Chinese 1 $455,000 $455,000 $0 3.50%
    Other Pacific Islander 2 $350,000 $175,000 $4,729 2.69%
    Asian Indian 1 $35,000 $35,000 $0 5.50%

    Approval Rates

    Total approvals of all applications
    77.56%

    Numerica Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    79.41%

    Numerica Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,041 $642,255,000 $211,199

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 74 $113,480,000 $1,533,514
    Single Family (1-4 Units):Manufactured 118 $15,370,000 $130,254
    Single Family (1-4 Units):Site-Built 2,849 $513,405,000 $180,205

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 782 $85,330,000 $109,118 $3,934 4.07%
    40-60% 460 $111,310,000 $241,978 $4,539 3.56%
    60-80% 636 $227,040,000 $356,981 $5,427 3.41%
    80-100% 468 $181,780,000 $388,419 $5,999 3.30%
    Over 100% 6 $2,590,000 $431,667 $16,044 3.50%
    Under 20% 689 $34,205,000 $49,644 $2,938 4.23%