Cascade Federal Credit Union Mortgage Rates, Fees & Info
Kent, WALEI: 549300OTNSBY6RS8HU51
Tax ID: 91-0596529
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Mortgage Data
Review & Overview
Cascade Federal Credit Union is a smaller credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. Cascade Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Seattle, Portland, Longview, Wenatchee, and Kennewick among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Cascade Federal Credit Union has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
84Origination Dollar Volume (All Markets)
$13,410,000Top 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 |
|---|---|---|---|---|---|
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 54 | $8,990,000 | $166,481 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 26 | $3,990,000 | $153,462 | $0 | 0.00% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| BEND, OR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 84 | $13,410,000 | $159,643 | $0 | 0.00% |
For 2018, Cascade Federal Credit Union's most frequently originated type of loan was Conventional, with 84 originations.
Loan Reason
For 2018, Cascade Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 29 originations. The 2nd most popular reason was Home Improvement, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 84 | $13,410,000 | $159,643 | $0 | 0.00% |
For 2018, Cascade Federal Credit Union's most frequently cited loan duration was Other, with 84 originations.
Loan Sizing
2018 saw Cascade Federal Credit Union place emphasis on $100,000 or less loans with 40 originations, totaling $2,120,000 in origination value.
Applicant Income
Cascade Federal Credit Union lent most frequently to those with incomes in the $50k-75k range, with 26 originations. The second most popular income band? $100k-150k, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 84 | $13,410,000 | $159,643 | $0 | 0.00% |
Cascade Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 84 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.40%
Cascade Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination84.52%
Cascade Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 84 | $13,410,000 | $159,643 |