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, Cash Out Refi, and Refi loans. Tampa Bay Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Tampa, Miami, Deltona, Orlando, and Panama City among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Tampa Bay 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
140Origination Dollar Volume (All Markets)
$17,620,000Top 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 | $15,165,000 | $127,437 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 8 | $710,000 | $88,750 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (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 | 140 | $17,620,000 | $125,857 | $0 | 0.00% |
For 2019, Tampa Bay Federal Credit Union's most frequently originated type of loan was Conventional, with 140 originations.
Loan Reason
For 2019, Tampa Bay Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 33 originations. The 2nd most popular reason was Home Purchase, with 32 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 140 | $17,620,000 | $125,857 | $0 | 0.00% |
For 2019, Tampa Bay Federal Credit Union's most frequently cited loan duration was Other, with 140 originations.
Loan Sizing
2019 saw Tampa Bay Federal Credit Union place emphasis on $100,000 or less loans with 63 originations, totaling $3,545,000 in origination value.
Applicant Income
Tampa Bay Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 35 originations. The second most popular income band? $50k-75k, with 29 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 140 | $17,620,000 | $125,857 | $0 | 0.00% |
Tampa Bay Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 140 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.78%
Tampa Bay Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination84.29%
Tampa Bay Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 140 | $17,620,000 | $125,857 |