N C P D Federal Credit Union Mortgage Rates, Fees & Info

Plainview, NY

LEI: 549300NPANOIK7XYK714

Tax ID: 11-1644017

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

    N C P D Federal Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. N C P D Federal Credit Union has a high proportion of conventional loans. Their top (well, only) market is New York.

    N C P D Federal Credit Union has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. N C P D Federal Credit Union is typically a low 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
    30 Year Conventional Purchase 4.55% 12/16/24
    30 Year Conventional Refi 6.27% 12/16/24
    30 Year Cash-out Refi 6.27% 12/16/24
    15 Year Conventional Purchase 5.68% 12/16/24
    15 Year Conventional Refi 5.68% 12/16/24
    15 Year Cash-out Refi 5.68% 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.

    N C P D Federal Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from N C P D Federal 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

    61

    Origination Dollar Volume (All Markets)

    $21,645,000

    Awards

    N C P D Federal Credit Union 30 Year Conventional Loans gold N C P D Federal Credit Union 30 Year Conventional Loans silver N C P D Federal Credit Union 30 Year Conventional 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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 61 $21,645,000 $354,836 $2,955 3.56%
    N C P D Federal Credit Union's top markets include and New York among others.

    Their top states include:
  • New York (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against N C P D Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    N C P D Federal Credit Union
    Similarity Rank: 56
    Schuyler Savings Bank
    Similarity Rank: 104
    Union County Savings Bank
    Similarity Rank: 150
    GARDEN SAVINGS FEDERAL CREDIT UNION
    Similarity Rank: 192
    Blue Foundry Bank
    Similarity Rank: 212
    Bogota Savings Bank
    Similarity Rank: 246
    MOUNTAIN MORTGAGE CORP.
    Similarity Rank: 266
    FUNDING RESOURCES MORTGAGE CORPORATION
    Similarity Rank: 292
    CREDIT UNION OF NEW JERSEY
    Similarity Rank: 360
    Atlantic Stewardship Bank
    Similarity Rank: 372

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 61 $21,645,000 $354,836 $2,955 3.56%

    For 2019, N C P D Federal Credit Union's most frequently originated type of loan was Conventional, with 61 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 27 $10,605,000 $392,778 $2,996 3.79%
    Cash Out Refi 24 $8,590,000 $357,917 $2,992 3.38%
    Refi 10 $2,450,000 $245,000 $2,757 3.39%

    For 2019, N C P D Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 27 originations. The 2nd most popular reason was Cash Out Refi, with 24 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 39 $15,795,000 $405,000 $3,052 3.75%
    15 Year 12 $3,450,000 $287,500 $2,795 3.19%
    20 Year 6 $1,680,000 $280,000 $2,876 3.63%
    10 Year 4 $720,000 $180,000 $2,629 2.81%

    For 2019, N C P D Federal Credit Union's most frequently cited loan duration was 30 Year, with 39 originations. The 2nd most popular length was 15 Year, with 12 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 59 $21,115,000 $357,881
    $1k-2k 1 $175,000 $175,000

    N C P D Federal Credit Union's average total fees were $3,052, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 59 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 38 $14,980,000 $394,211
    2.5-3% 12 $3,110,000 $259,167
    4-5% 11 $3,555,000 $323,182

    During 2019, N C P D Federal Credit Union's average interest rate for loans was 3.75%, while their most frequently originated rate bucket for loans was 3-4%, with 38 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 31 $9,795,000 $315,968 $2,852 3.71%
    $400k-600k 16 $7,590,000 $474,375 $3,220 3.53%
    $100k-200k 8 $1,310,000 $163,750 $2,454 3.11%
    $600k-1MM 4 $2,800,000 $700,000 $3,686 3.53%
    $100,000 or less 2 $150,000 $75,000 $2,907 3.50%

    2019 saw N C P D Federal Credit Union place emphasis on $200k-400k loans with 31 originations, totaling $9,795,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 22 $7,370,000 $335,000 $2,799 3.70%
    $150k-250k 22 $7,830,000 $355,909 $3,116 3.39%
    $250k+ 9 $4,385,000 $487,222 $3,041 3.43%
    $50k-75k 4 $1,040,000 $260,000 $2,779 4.00%
    $50k or less 2 $320,000 $160,000 $2,778 3.69%
    $75k-100k 2 $700,000 $350,000 $2,957 3.63%

    N C P D Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 22 originations. The second most popular income band? $150k-250k, with 22 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 19 $7,245,000 $381,316 $3,034 3.45%
    30-36% 17 $6,015,000 $353,824 $2,948 3.59%
    39% 4 $1,480,000 $370,000 $2,753 3.44%
    42% 3 $1,235,000 $411,667 $3,165 3.71%
    36% 3 $665,000 $221,667 $2,871 4.13%
    <20% 3 $905,000 $301,667 $2,573 3.13%
    45% 3 $865,000 $288,333 $2,818 3.83%
    40% 2 $700,000 $350,000 $3,035 4.00%
    41% 1 $405,000 $405,000 $2,865 3.38%
    38% 1 $705,000 $705,000 $4,421 3.38%
    43% 1 $255,000 $255,000 $2,574 3.00%
    44% 1 $345,000 $345,000 $2,859 3.88%
    37% 1 $175,000 $175,000 $1,914 3.50%
    46% 1 $415,000 $415,000 $3,205 3.50%
    49% 1 $235,000 $235,000 $3,358 4.00%

    N C P D Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 19 originations. The next most common DTI ratio? 30-36%, with 17 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 59 $21,225,000 $359,746 $2,981 3.56%
    Black 2 $420,000 $210,000 $2,199 3.63%

    Approval Rates

    Total approvals of all applications
    97.14%

    N C P D Federal Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    90.16%

    N C P D Federal Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 61 $21,645,000 $354,836

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 61 $21,645,000 $354,836

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $1,435,000 $287,000 $2,915 3.10%
    40-60% 9 $2,255,000 $250,556 $2,995 3.42%
    60-80% 28 $10,300,000 $367,857 $2,936 3.60%
    80-100% 18 $7,580,000 $421,111 $2,995 3.75%
    Under 20% 1 $75,000 $75,000 $2,578 2.88%