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 Cash Out Refi, Refi, and Home Purchase 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

    132

    Origination Dollar Volume (All Markets)

    $53,280,000

    Awards

    N C P D Federal Credit Union 30 Year Conventional Loans gold N C P D Federal Credit Union 30 Year Conventional Loans bronze 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) 132 $53,280,000 $403,636 $3,402 2.81%
    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)
  • (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: 102
    Schuyler Savings Bank
    Similarity Rank: 352
    ATLANTIS MORTGAGE CO., INC.
    Similarity Rank: 652
    The First National Bank of Long Island
    Similarity Rank: 748
    The Atlantic Federal Credit Union
    Similarity Rank: 882
    GARDEN SAVINGS FEDERAL CREDIT UNION
    Similarity Rank: 1064
    U S WIDE FINANCIAL LLC
    Similarity Rank: 1092
    Columbia Bank
    Similarity Rank: 1183
    Poli Mortgage Group, Inc.
    Similarity Rank: 1369
    Hanover Community Bank
    Similarity Rank: 1430

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 132 $53,280,000 $403,636 $3,402 2.81%

    For 2021, N C P D Federal Credit Union's most frequently originated type of loan was Conventional, with 132 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 65 $25,795,000 $396,846 $3,547 2.83%
    Refi 35 $11,475,000 $327,857 $3,323 2.72%
    Home Purchase 32 $16,010,000 $500,313 $3,190 2.89%

    For 2021, N C P D Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 65 originations. The 2nd most popular reason was Refi, with 35 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 90 $39,870,000 $443,000 $3,424 2.90%
    15 Year 20 $5,650,000 $282,500 $3,316 2.54%
    20 Year 19 $7,005,000 $368,684 $3,437 2.75%
    10 Year 3 $755,000 $251,667 $3,015 2.42%

    For 2021, N C P D Federal Credit Union's most frequently cited loan duration was 30 Year, with 90 originations. The 2nd most popular length was 15 Year, with 20 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 122 $49,800,000 $408,197
    $1k-2k 1 $165,000 $165,000
    $3k-4k 1 $305,000 $305,000

    N C P D Federal Credit Union's average total fees were $3,424, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 122 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 121 $50,455,000 $416,983
    <2.5% 9 $2,265,000 $251,667
    3-4% 2 $560,000 $280,000

    During 2021, N C P D Federal Credit Union's average interest rate for loans was 2.90%, while their most frequently originated rate bucket for loans was 2.5-3%, with 121 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 64 $20,100,000 $314,063 $3,316 2.77%
    $400k-600k 42 $19,910,000 $474,048 $3,449 2.85%
    $600k-1MM 15 $10,265,000 $684,333 $3,956 2.93%
    $100k-200k 8 $1,390,000 $173,750 $2,959 2.75%
    $100,000 or less 2 $180,000 $90,000 $2,304 2.75%
    $1MM+ 1 $1,435,000 $1,435,000 $4,296 2.88%

    2021 saw N C P D Federal Credit Union place emphasis on $200k-400k loans with 64 originations, totaling $20,100,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 57 $22,495,000 $394,649 $3,548 2.77%
    $100k-150k 43 $16,555,000 $385,000 $3,312 2.83%
    $250k+ 17 $9,675,000 $569,118 $3,596 2.82%
    $50k-75k 7 $2,125,000 $303,571 $3,258 2.88%
    $75k-100k 7 $2,335,000 $333,571 $2,658 2.98%
    $50k or less 1 $95,000 $95,000 $1,687 2.88%

    N C P D Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 57 originations. The second most popular income band? $100k-150k, with 43 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 44 $17,500,000 $397,727 $3,605 2.76%
    30-36% 18 $7,280,000 $404,444 $3,313 2.90%
    50-60% 14 $5,850,000 $417,857 $3,251 2.83%
    <20% 9 $2,715,000 $301,667 $3,133 2.76%
    44% 7 $3,315,000 $473,571 $3,487 2.86%
    36% 6 $2,660,000 $443,333 $3,272 2.77%
    45% 6 $2,560,000 $426,667 $3,250 2.90%
    41% 4 $1,970,000 $492,500 $3,587 2.84%
    38% 3 $1,195,000 $398,333 $3,058 2.88%
    40% 3 $1,115,000 $371,667 $3,631 2.83%
    43% 3 $1,435,000 $478,333 $3,509 2.88%
    49% 3 $1,545,000 $515,000 $3,070 2.88%
    >60% 2 $760,000 $380,000 $3,240 2.88%
    37% 2 $570,000 $285,000 $2,300 2.75%
    39% 2 $610,000 $305,000 $3,034 2.75%
    42% 2 $1,110,000 $555,000 $4,264 2.88%
    47% 2 $380,000 $190,000 $3,558 2.56%
    48% 1 $305,000 $305,000 $3,270 2.88%
    46% 1 $405,000 $405,000 $3,556 2.88%

    N C P D Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 44 originations. The next most common DTI ratio? 30-36%, with 18 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 129 $51,455,000 $398,876 $3,405 2.81%
    Black 2 $1,050,000 $525,000 $2,813 2.88%
    Asian 1 $775,000 $775,000 $4,264 2.88%

    Approval Rates

    Total approvals of all applications
    98.55%

    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
    97.73%

    N C P D Federal Credit Union has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 132 $53,280,000 $403,636

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    132 $53,280,000 $403,636

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 12 $2,310,000 $192,500 $3,028 2.69%
    40-60% 32 $10,690,000 $334,063 $3,610 2.75%
    60-80% 69 $31,135,000 $451,232 $3,389 2.85%
    80-100% 16 $8,490,000 $530,625 $3,300 2.92%
    Under 20% 3 $655,000 $218,333 $3,301 2.67%