Cascade Federal Credit Union Mortgage Rates, Fees & Info
Kent, WALEI: 549300OTNSBY6RS8HU51
Tax ID: 91-0596529
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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, Aberdeen, Longview, and Eugene among others. We have data for 10 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
39Origination Dollar Volume (All Markets)
$4,955,000Top 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) | 15 | $2,085,000 | $139,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 13 | $1,665,000 | $128,077 | $0 | 0.00% |
| Aberdeen, WA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 0.00% |
| LONGVIEW, WA (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $0 | 0.00% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $75,000 | $75,000 | $0 | 0.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| KENNEWICK-RICHLAND, WA (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 | 39 | $4,955,000 | $127,051 | $0 | 0.00% |
For 2022, Cascade Federal Credit Union's most frequently originated type of loan was Conventional, with 39 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 22 | $3,080,000 | $140,000 | $0 | 0.00% |
| Cash Out Refi | 11 | $1,535,000 | $139,545 | $0 | 0.00% |
| Home Improvement | 6 | $340,000 | $56,667 | $0 | 0.00% |
For 2022, Cascade Federal Credit Union's most frequently cited loan purpose was Refi, with 22 originations. The 2nd most popular reason was Cash Out Refi, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 39 | $4,955,000 | $127,051 | $0 | 0.00% |
For 2022, Cascade Federal Credit Union's most frequently cited loan duration was Other, with 39 originations.
Loan Sizing
2022 saw Cascade Federal Credit Union place emphasis on $100,000 or less loans with 20 originations, totaling $1,050,000 in origination value.
Applicant Income
Cascade Federal Credit Union lent most frequently to those with incomes in the $75k-100k range, with 8 originations. The second most popular income band? $150k-250k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 39 | $4,955,000 | $127,051 | $0 | 0.00% |
Cascade Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 39 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.67%
Cascade Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination89.74%
Cascade Federal Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 39 | $4,955,000 | $127,051 |