Northwest Federal Credit Union Mortgage Rates, Fees & Info

Herndon, VA

LEI: 549300OSZK2W0WJYS771

Tax ID: 53-0216888

5 stars - Updated: 11/12/26 - out of 5 stars, based on 35 reviews

Latest/2025 | 2024 Data | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Northwest Federal Credit Union is a smaller credit union specializing in Home Improvement, Cash Out Refi, and Home Purchase loans. Northwest Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Washington, Miami, Winchester, Baltimore, and Jacksonville among others. We have data for 130 markets. (Some data included below & more in-depth data is available with an active subscription.)

Northwest Federal 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. Northwest 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
Home Equity Line of Credit (HELOC) 6.67% 11/12/26
30 Year Conventional Purchase 6.67% 11/12/26
30 Year Conventional Refi 6.74% 11/12/26
30 Year Cash-out Refi 6.54% 11/12/26
30 Year VA Purchase 7.47% 11/12/26
30 Year VA Refi 6.18% 11/12/26
15 Year Conventional Purchase 5.83% 11/12/26
15 Year Conventional Refi 5.46% 11/12/26
15 Year Cash-out Refi 5.46% 11/12/26
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.

Northwest 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 Northwest 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

1,248

Origination Dollar Volume (All Markets)

$233,260,000

Awards

Northwest Federal Credit Union 30 Year Conventional Loans gold
Show all (1) awards

Relative Rate

Northwest Federal Credit Union's average 30 year fixed mortgage rate was 6.36%.

The 2025 average 30 year fixed rate mortgage across all markets and lenders was 6.37%.

This yields a difference of -0.01%.

Relative Fees (Closing Costs)

Northwest Federal Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $5,002.

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 $8,356.

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
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 818 $151,130,000 $184,756 $1,784 7.06%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 30 $5,130,000 $171,000 $2,281 7.13%
Outside of Metro Areas 24 $4,360,000 $181,667 $3,797 6.92%
WINCHESTER, VA-WV (FHA|USDA|VA) 25 $3,555,000 $142,200 $1,880 7.21%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 15 $3,095,000 $206,333 $2,226 7.09%
JACKSONVILLE, FL (FHA|USDA|VA) 13 $3,075,000 $236,538 $2,894 7.17%
RALEIGH-CARY, NC (FHA|USDA|VA) 17 $2,815,000 $165,588 $1,565 7.17%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 13 $2,735,000 $210,385 $2,514 6.78%
RICHMOND, VA (FHA|USDA|VA) 12 $2,730,000 $227,500 $3,532 7.03%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 7 $2,675,000 $382,143 $3,619 6.02%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $2,475,000 $495,000 $7,306 6.53%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 14 $2,290,000 $163,571 $2,144 7.08%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 10 $2,000,000 $200,000 $3,619 6.91%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 6 $1,720,000 $286,667 $5,161 6.90%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 14 $1,590,000 $113,571 $1,774 7.04%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 11 $1,465,000 $133,182 $2,021 6.95%
SALISBURY, MD-DE (FHA|USDA|VA) 6 $1,280,000 $213,333 $2,823 6.77%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $1,225,000 $175,000 $2,008 7.07%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $1,175,000 $1,175,000 $7,618 5.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,110,000 $277,500 $5,264 6.88%
ROANOKE, VA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $5,715 6.25%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $945,000 $945,000 $3,622 5.88%
WILMINGTON, NC (FHA|USDA|VA) 6 $930,000 $155,000 $931 7.15%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $930,000 $465,000 $3,273 6.44%
COLUMBIA, SC (FHA|USDA|VA) 6 $900,000 $150,000 $603 7.40%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $880,000 $440,000 $6,028 5.19%
Roanoke Rapids, NC (FHA|USDA|VA) 1 $865,000 $865,000 $4,957 5.50%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $825,000 $275,000 $383 7.25%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $780,000 $130,000 $2,125 6.98%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $760,000 $126,667 $368 7.50%
Sanford, NC (FHA|USDA|VA) 1 $745,000 $745,000 $12,891 7.63%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $730,000 $365,000 $3,735 6.06%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $725,000 $725,000 $2,820 5.25%
GAINESVILLE, GA (FHA|USDA|VA) 2 $720,000 $360,000 $5,153 6.13%
Morehead City, NC (FHA|USDA|VA) 1 $705,000 $705,000 $12,745 7.75%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 9 $665,000 $73,889 $1,030 7.46%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $655,000 $655,000 $6,254 5.63%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $645,000 $215,000 $3,556 6.75%
PORT ST. LUCIE, FL (FHA|USDA|VA) 4 $620,000 $155,000 $0 7.06%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 5 $615,000 $123,000 $388 7.33%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $615,000 $205,000 $2,404 6.75%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 3 $605,000 $201,667 $446 6.92%
MORRISTOWN, TN (FHA|USDA|VA) 4 $600,000 $150,000 $1,198 7.03%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $580,000 $290,000 $6,969 6.81%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $535,000 $178,333 $0 7.00%
BOISE CITY, ID (FHA|USDA|VA) 1 $535,000 $535,000 $5,288 6.63%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $525,000 $105,000 $488 7.35%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $505,000 $505,000 $5,505 5.88%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $490,000 $245,000 $2,873 6.13%
TULSA, OK (FHA|USDA|VA) 1 $465,000 $465,000 $5,356 6.63%
ASHEVILLE, NC (FHA|USDA|VA) 3 $455,000 $151,667 $4,606 6.63%
PITTSFIELD, MA (FHA|USDA|VA) 1 $455,000 $455,000 $5,400 5.88%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $445,000 $445,000 $2,178 6.88%
Augusta-Waterville, ME (FHA|USDA|VA) 1 $445,000 $445,000 $5,784 6.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $415,000 $138,333 $2,002 6.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $400,000 $100,000 $3,197 7.09%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $395,000 $395,000 $7,113 5.75%
LYNCHBURG, VA (FHA|USDA|VA) 3 $385,000 $128,333 $0 7.00%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $380,000 $190,000 $1,630 6.75%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $375,000 $125,000 $364 7.63%
WICHITA, KS (FHA|USDA|VA) 2 $340,000 $170,000 $3,150 6.81%
BOULDER, CO (FHA|USDA|VA) 2 $330,000 $165,000 $0 6.75%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $325,000 $325,000 $0 7.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $315,000 $315,000 $3,936 6.50%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $305,000 $305,000 $3,803 6.75%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 4 $300,000 $75,000 $339 7.41%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $295,000 $295,000 $4,180 6.75%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $290,000 $145,000 $3,155 6.31%
Kinston, NC (FHA|USDA|VA) 2 $290,000 $145,000 $7,546 7.31%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $285,000 $285,000 $4,266 7.13%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $285,000 $285,000 $4,099 6.75%
THE VILLAGES, FL (FHA|USDA|VA) 1 $275,000 $275,000 $0 7.00%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $265,000 $265,000 $0 7.25%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $260,000 $130,000 $0 6.88%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $260,000 $130,000 $3,256 7.81%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $255,000 $255,000 $3,294 6.63%
WACO, TX (FHA|USDA|VA) 1 $225,000 $225,000 $3,988 6.00%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $215,000 $215,000 $3,214 6.50%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $210,000 $105,000 $388 7.69%
Cookeville, TN (FHA|USDA|VA) 1 $205,000 $205,000 $3,451 6.00%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $205,000 $205,000 $0 7.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $195,000 $195,000 $3,926 7.50%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $185,000 $185,000 $2,881 5.63%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $185,000 $185,000 $6,064 6.25%
Edwards, CO (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.75%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $160,000 $80,000 $349 7.19%
BELLINGHAM, WA (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.50%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.75%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.00%
Hudson, NY (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.00%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $150,000 $75,000 $380 7.44%
Greenwood, SC (FHA|USDA|VA) 1 $135,000 $135,000 $0 7.00%
TOLEDO, OH (FHA|USDA|VA) 1 $135,000 $135,000 $338 8.63%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $130,000 $65,000 $603 7.31%
SPARTANBURG, SC (FHA|USDA|VA) 1 $125,000 $125,000 $664 7.63%
Brevard, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.50%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $125,000 $125,000 $359 7.00%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $115,000 $115,000 $345 7.38%
STOCKTON, CA (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.75%
SALEM, OR (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.75%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $105,000 $105,000 $418 8.63%
Huntingdon, PA (FHA|USDA|VA) 1 $105,000 $105,000 $375 8.63%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $100,000 $50,000 $441 8.25%
Shelby, NC (FHA|USDA|VA) 1 $95,000 $95,000 $335 7.00%
Pottsville, PA (FHA|USDA|VA) 1 $85,000 $85,000 $325 7.00%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.50%
NEW BERN, NC (FHA|USDA|VA) 1 $75,000 $75,000 $0 7.25%
JACKSON, MS (FHA|USDA|VA) 1 $75,000 $75,000 $0 7.75%
HINESVILLE, GA (FHA|USDA|VA) 1 $75,000 $75,000 $640 7.00%
GETTYSBURG, PA (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.50%
Danville, VA (FHA|USDA|VA) 1 $75,000 $75,000 $325 8.63%
MOBILE, AL (FHA|USDA|VA) 2 $70,000 $35,000 $385 7.81%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.75%
KNOXVILLE, TN (FHA|USDA|VA) 1 $65,000 $65,000 $340 8.38%
VALLEJO, CA (FHA|USDA|VA) 1 $65,000 $65,000 $338 8.13%
PITTSBURGH, PA (FHA|USDA|VA) 2 $60,000 $30,000 $328 7.31%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.00%
Warsaw, IN (FHA|USDA|VA) 1 $55,000 $55,000 $0 9.24%
HARRISONBURG, VA (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.00%
Crossville, TN (FHA|USDA|VA) 1 $55,000 $55,000 $378 7.63%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $55,000 $55,000 $3,067 6.75%
SYRACUSE, NY (FHA|USDA|VA) 1 $45,000 $45,000 $0 9.49%
KANKAKEE, IL (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.25%
SAVANNAH, GA (FHA|USDA|VA) 1 $45,000 $45,000 $678 8.13%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $45,000 $45,000 $583 7.38%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.75%
Mayfield, KY (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.75%
DOVER, DE (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.00%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $25,000 $25,000 $638 6.75%
ERIE, PA (FHA|USDA|VA) 1 $15,000 $15,000 $228 6.75%
Northwest Federal Credit Union's top markets include Washington, Miami, Winchester, Baltimore, and Jacksonville among others.

Their top states include:
  • Virginia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 625 $91,605,000 $146,568 n/a 7.05%
    Conventional 617 $138,155,000 $223,914 $2,016 7.05%
    VA 6 $3,500,000 $583,333 $14,522 6.81%

    For 2025, Northwest Federal Credit Union's most frequently originated type of loan was HELOC, with 625 originations. Their 2nd most popular type was Conventional, with 617 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 587 $80,405,000 $136,976 $536 7.15%
    Cash Out Refi 444 $61,880,000 $139,369 $856 7.25%
    Home Purchase 181 $73,755,000 $407,486 $5,244 6.52%
    Refi 36 $17,220,000 $478,333 $4,249 5.72%

    For 2025, Northwest Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 587 originations. The 2nd most popular reason was Cash Out Refi, with 444 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 735 $110,565,000 $150,429 $1,096 7.06%
    30 Year 200 $86,890,000 $434,450 $5,002 6.36%
    20 Year 174 $23,410,000 $134,540 $605 7.79%
    10 Year 77 $7,025,000 $91,234 $543 7.24%
    5 Year 36 $1,710,000 $47,500 $284 6.74%
    Other 23 $1,625,000 $70,652 $304 6.90%
    30+ year 3 $2,035,000 $678,333 $14,246 7.67%

    For 2025, Northwest Federal Credit Union's most frequently cited loan duration was 15 Year, with 735 originations. The 2nd most popular length was 30 Year, with 200 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 532 $104,890,000 $197,162
    $1k-2k 50 $16,540,000 $330,800
    $2k-3k 17 $7,125,000 $419,118
    $3k-4k 11 $5,425,000 $493,182
    $4k-5k 8 $4,230,000 $528,750
    $5k+ 5 $3,445,000 $689,000

    Northwest Federal Credit Union's average total fees were $5,002, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 532 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 676 $120,650,000 $178,476
    7-8% 389 $56,835,000 $146,105
    5-6% 100 $45,770,000 $457,700
    Over 8% 82 $9,200,000 $112,195
    4-5% 1 $805,000 $805,000

    During 2025, Northwest Federal Credit Union's average interest rate for loans was 6.36%, while their most frequently originated rate bucket for loans was 6-7%, with 676 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 433 $25,525,000 $58,949 $414 7.25%
    $100k-200k 393 $51,845,000 $131,921 $956 7.16%
    $200k-400k 314 $85,520,000 $272,357 $3,040 6.91%
    $400k-600k 54 $26,460,000 $490,000 $6,103 6.36%
    $600k-1MM 45 $33,505,000 $744,556 $6,451 6.17%
    $1MM+ 9 $10,405,000 $1,156,111 $7,094 6.10%

    2025 saw Northwest Federal Credit Union place emphasis on $100,000 or less loans with 433 originations, totaling $25,525,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 529 $94,695,000 $179,008 $1,889 7.12%
    $250k+ 275 $79,545,000 $289,255 $3,350 6.96%
    $100k-150k 237 $32,905,000 $138,840 $1,595 7.07%
    $75k-100k 100 $11,710,000 $117,100 $1,689 7.03%
    $50k-75k 72 $6,770,000 $94,028 $1,657 6.94%
    $50k or less 11 $695,000 $63,182 $1,503 6.88%

    Northwest Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 529 originations. The second most popular income band? $250k+, with 275 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 288 $52,970,000 $183,924 $2,494 6.96%
    30-36% 284 $57,210,000 $201,444 $2,098 7.01%
    44% 100 $13,480,000 $134,800 $842 7.23%
    <20% 89 $14,625,000 $164,326 $1,701 6.94%
    43% 80 $13,930,000 $174,125 $1,372 7.22%
    39% 74 $14,750,000 $199,324 $2,168 7.10%
    41% 70 $10,670,000 $152,429 $2,211 7.17%
    40% 54 $10,770,000 $199,444 $2,010 7.11%
    38% 50 $9,940,000 $198,800 $2,353 7.15%
    42% 44 $6,670,000 $151,591 $821 7.34%
    37% 39 $7,495,000 $192,179 $2,528 7.04%
    36% 36 $5,970,000 $165,833 $1,114 7.05%
    49% 10 $3,800,000 $380,000 $6,194 6.20%
    45% 9 $3,355,000 $372,778 $3,702 6.76%
    46% 8 $2,380,000 $297,500 $4,762 6.67%
    48% 7 $3,095,000 $442,143 $4,024 6.84%
    47% 6 $2,150,000 $358,333 $4,717 6.46%

    Northwest Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 288 originations. The next most common DTI ratio? 30-36%, with 284 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 829 $151,835,000 $183,154 $2,158 7.04%
    Not provided 180 $40,170,000 $223,167 $2,474 6.97%
    Black 126 $15,800,000 $125,397 $1,329 7.20%
    Asian 64 $12,220,000 $190,938 $1,700 7.14%
    Asian Indian 25 $8,305,000 $332,200 $3,872 6.88%
    American Indian 11 $1,765,000 $160,455 $1,934 7.41%
    Other Asian 6 $1,610,000 $268,333 $5,315 6.69%
    Korean 1 $655,000 $655,000 $4,872 6.25%
    Chinese 1 $325,000 $325,000 $395 7.00%
    Other Pacific Islander 2 $280,000 $140,000 $225 7.44%
    Filipino 2 $190,000 $95,000 $223 7.44%
    Japanese 1 $105,000 $105,000 $0 7.25%

    Approval Rates

    Total approvals of all applications
    83.61%

    Northwest Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    72.76%

    Northwest Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,248 $233,260,000 $186,907

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,248 $233,260,000 $186,907

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 329 $61,865,000 $188,040 $1,221 7.19%
    40-60% 78 $22,610,000 $289,872 $3,575 6.75%
    60-80% 92 $43,050,000 $467,935 $5,255 6.32%
    80-100% 73 $38,135,000 $522,397 $5,111 6.39%
    Over 100% 3 $1,725,000 $575,000 $22,152 6.75%
    Under 20% 673 $65,875,000 $97,883 $337 7.19%