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 Refi and Cash Out Refi loans. Cascade Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Seattle, Portland, Wenatchee, Oak Harbor, and Olympia among others. We have data for 9 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
55Origination Dollar Volume (All Markets)
$9,005,000Top 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) | 27 | $4,545,000 | $168,333 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 17 | $3,035,000 | $178,529 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $455,000 | $455,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $445,000 | $89,000 | $0 | 0.00% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 55 | $9,005,000 | $163,727 | $0 | 0.00% |
For 2019, Cascade Federal Credit Union's most frequently originated type of loan was Conventional, with 55 originations.
Loan Reason
For 2019, Cascade Federal Credit Union's most frequently cited loan purpose was Refi, with 21 originations. The 2nd most popular reason was Cash Out Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 55 | $9,005,000 | $163,727 | $0 | 0.00% |
For 2019, Cascade Federal Credit Union's most frequently cited loan duration was Other, with 55 originations.
Loan Sizing
2019 saw Cascade Federal Credit Union place emphasis on $100,000 or less loans with 23 originations, totaling $995,000 in origination value.
Applicant Income
Cascade Federal Credit Union lent most frequently to those with incomes in the $50k or less range, with 12 originations. The second most popular income band? $100k-150k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 55 | $9,005,000 | $163,727 | $0 | 0.00% |
Cascade Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 55 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.03%
Cascade Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination85.45%
Cascade Federal Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 55 | $9,005,000 | $163,727 |