Tampa Bay Federal Credit Union Mortgage Rates, Fees & Info
Tampa, FLLEI: 549300SCF56K6YEG7X54
Tax ID: 59-0626682
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Tampa Bay Federal Credit Union is a smaller credit union specializing in Home Purchase loans. Tampa Bay Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Tampa, Miami, Jacksonville, Orlando, and North Port among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)Tampa Bay 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.
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Originations
215Origination Dollar Volume (All Markets)
$19,975,000Top 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 |
|---|---|---|---|---|---|
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 119 | $12,095,000 | $101,639 | $0 | 0.00% |
| Outside of Metro Areas | 58 | $4,040,000 | $69,655 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 17 | $1,055,000 | $62,059 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 5 | $505,000 | $101,000 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 215 | $19,975,000 | $92,907 | $0 | 0.00% |
For 2018, Tampa Bay Federal Credit Union's most frequently originated type of loan was Conventional, with 215 originations.
Loan Reason
For 2018, Tampa Bay Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 109 originations. The 2nd most popular reason was Home Improvement, with 38 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 215 | $19,975,000 | $92,907 | $0 | 0.00% |
For 2018, Tampa Bay Federal Credit Union's most frequently cited loan duration was Other, with 215 originations.
Loan Sizing
2018 saw Tampa Bay Federal Credit Union place emphasis on $100,000 or less loans with 145 originations, totaling $8,405,000 in origination value.
Applicant Income
Tampa Bay Federal Credit Union lent most frequently to those with incomes in the $50k or less range, with 57 originations. The second most popular income band? $50k-75k, with 49 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 215 | $19,975,000 | $92,907 | $0 | 0.00% |
Tampa Bay Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 215 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.58%
Tampa Bay Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination83.26%
Tampa Bay Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 215 | $19,975,000 | $92,907 |