1st Liberty Fcu Mortgage Rates, Fees & Info
Great Falls, MTLEI: 549300SQW7KBZFSQK518
Tax ID: 81-0257864
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
1st Liberty Fcu is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. 1st Liberty Fcu has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top two markets are Great Falls and Grand Forks .1st Liberty Fcu has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
65Origination Dollar Volume (All Markets)
$5,085,000Top 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 |
|---|---|---|---|---|---|
| GREAT FALLS, MT (FHA|USDA|VA) | 43 | $3,265,000 | $75,930 | $0 | 0.00% |
| Outside of Metro Areas | 20 | $1,660,000 | $83,000 | $0 | 0.00% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 57 | $5,005,000 | $87,807 | $0 | 0.00% |
| FHA | 8 | $80,000 | $10,000 | $0 | 0.00% |
For 2019, 1st Liberty Fcu's most frequently originated type of loan was Conventional, with 57 originations. Their 2nd most popular type was FHA, with 8 originations.
Loan Reason
For 2019, 1st Liberty Fcu's most frequently cited loan purpose was Cash Out Refi, with 41 originations. The 2nd most popular reason was Home Purchase, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 65 | $5,085,000 | $78,231 | $0 | 0.00% |
For 2019, 1st Liberty Fcu's most frequently cited loan duration was Other, with 65 originations.
Loan Sizing
2019 saw 1st Liberty Fcu place emphasis on $100,000 or less loans with 46 originations, totaling $2,090,000 in origination value.
Applicant Income
1st Liberty Fcu lent most frequently to those with incomes in the $50k or less range, with 22 originations. The second most popular income band? $50k-75k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 65 | $5,085,000 | $78,231 | $0 | 0.00% |
1st Liberty Fcu lent most frequently to those with DTI ratios of Exempt%, with 65 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.82%
1st Liberty Fcu has a below average approval rate.
Pick Rate
Approvals leading to origination92.31%
1st Liberty Fcu has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 65 | $5,085,000 | $78,231 |