Cooperativa De Ahorro Y Credito De Camuy Mortgage Rates, Fees & Info

Camuy,

LEI: 549300T69MHCQOIC3F90

Tax ID: 66-0219584

5 stars - Updated: 4/5/25 - out of 5 stars, based on 10 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Cooperativa De Ahorro Y Credito De Camuy is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Cooperativa De Ahorro Y Credito De Camuy has a high proportion of conventional loans. Their top markets by origination volume include: Arecibo, San Juan, Aguadilla, San GermÁn, and Ponce among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Cooperativa De Ahorro Y Credito De Camuy 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. Cooperativa De Ahorro Y Credito De Camuy is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.21% 4/5/25
    30 Year Conventional Refi 6.92% 4/5/25
    30 Year Cash-out Refi 6.94% 4/5/25
    15 Year Conventional Purchase 7.85% 4/5/25
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Cooperativa De Ahorro Y Credito De Camuy Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Cooperativa De Ahorro Y Credito De Camuy. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    109

    Origination Dollar Volume (All Markets)

    $16,885,000

    Awards

    COOPERATIVA DE AHORRO Y CREDITO DE CAMUY 30 Year Conventional Loans gold
    Show all (1) awards

    Relative Rate

    Cooperativa De Ahorro Y Credito De Camuy's average 30 year fixed mortgage rate was 6.77%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.22%.

    Relative Fees (Closing Costs)

    Cooperativa De Ahorro Y Credito De Camuy's average total fees/closing costs for a 30 year fixed rate mortgage were $7,079.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

    Top 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
    Arecibo, PR (FHA|USDA|VA) 63 $7,585,000 $120,397 $5,800 6.95%
    SAN JUAN-BAYAMÓN-CAGUAS, PR (FHA|USDA|VA) 21 $5,105,000 $243,095 $23,416 7.12%
    AGUADILLA-ISABELA, PR (FHA|USDA|VA) 16 $2,990,000 $186,875 $8,421 6.73%
    SAN GERMÁN, PR (FHA|USDA|VA) 6 $890,000 $148,333 $6,216 7.58%
    PONCE, PR (FHA|USDA|VA) 2 $260,000 $130,000 $5,756 6.45%
    MAYAGÜEZ, PR (FHA|USDA|VA) 1 $55,000 $55,000 $3,475 6.95%
    Cooperativa De Ahorro Y Credito De Camuy's top markets include Arecibo, San Juan, Aguadilla, San GermÁn, and Ponce among others.

    Their top states include:
  • Puerto Rico (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against COOPERATIVA DE AHORRO Y CREDITO DE CAMUY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS
    Similarity Rank: 4
    COOPERATIVA DE AHORRO Y CREDITO ROOSEVELT ROADS
    Similarity Rank: 10
    Cooperativa de Ahorro y Credito de Rincon
    Similarity Rank: 20
    Cooperativa de Ahorro y Credito Jesus Obrero
    Similarity Rank: 20
    COOPERATIVA DE AHORRO Y CREDITO DE LARES
    Similarity Rank: 42
    COOPERATIVA DE AHORRO Y CREDITO DE ISABELA
    Similarity Rank: 42
    COOPERATIVA DE CREDITO LA SAGRADA FAMILIA
    Similarity Rank: 48
    COOPERATIVA DE AHORRO Y CREDITO CAGUAS
    Similarity Rank: 74
    COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC.
    Similarity Rank: 117
    CARIBE FEDERAL CREDIT UNION
    Similarity Rank: 161

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 109 $16,885,000 $154,908 $9,650 6.98%

    For 2024, Cooperativa De Ahorro Y Credito De Camuy's most frequently originated type of loan was Conventional, with 109 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 62 $6,640,000 $107,097 $5,307 7.04%
    Cash Out Refi 26 $5,740,000 $220,769 $9,562 6.98%
    Refi 14 $2,260,000 $161,429 $25,927 6.76%
    Home Improvement 5 $1,965,000 $393,000 $17,692 6.87%
    Other 2 $280,000 $140,000 $7,013 6.85%

    For 2024, Cooperativa De Ahorro Y Credito De Camuy's most frequently cited loan purpose was Home Purchase, with 62 originations. The 2nd most popular reason was Cash Out Refi, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 72 $10,650,000 $147,917 $7,079 6.77%
    Other 20 $3,470,000 $173,500 $7,453 7.25%
    15 Year 10 $1,730,000 $173,000 $8,047 7.42%
    20 Year 6 $1,000,000 $166,667 $50,851 7.47%
    10 Year 1 $35,000 $35,000 $2,365 8.95%

    For 2024, Cooperativa De Ahorro Y Credito De Camuy's most frequently cited loan duration was 30 Year, with 72 originations. The 2nd most popular length was Other, with 20 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 30 $1,820,000 $60,667
    $2k-3k 25 $2,535,000 $101,400
    $5k+ 19 $7,565,000 $398,158
    $3k-4k 15 $2,175,000 $145,000
    $4k-5k 12 $2,300,000 $191,667
    $<1k 5 $165,000 $33,000

    Cooperativa De Ahorro Y Credito De Camuy's average total fees were $7,079, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 30 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 53 $9,175,000 $173,113
    7-8% 33 $3,555,000 $107,727
    5-6% 15 $2,845,000 $189,667
    Over 8% 8 $1,310,000 $163,750

    During 2024, Cooperativa De Ahorro Y Credito De Camuy's average interest rate for loans was 6.77%, while their most frequently originated rate bucket for loans was 6-7%, with 53 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 51 $3,355,000 $65,784 $3,900 7.11%
    $100k-200k 36 $5,310,000 $147,500 $6,689 6.85%
    $200k-400k 17 $4,325,000 $254,412 $25,966 6.79%
    $400k-600k 2 $860,000 $430,000 $16,619 8.10%
    $600k-1MM 2 $1,680,000 $840,000 $34,085 6.45%
    $1MM+ 1 $1,355,000 $1,355,000 $60,567 6.95%

    2024 saw Cooperativa De Ahorro Y Credito De Camuy place emphasis on $100,000 or less loans with 51 originations, totaling $3,355,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 54 $5,940,000 $110,000 $5,710 7.02%
    $50k-75k 20 $2,910,000 $145,500 $6,783 6.68%
    $75k-100k 14 $2,190,000 $156,429 $6,730 7.12%
    $100k-150k 9 $1,895,000 $210,556 $9,307 6.84%
    $250k+ 6 $2,780,000 $463,333 $18,690 7.05%
    $150k-250k 5 $905,000 $181,000 $8,223 7.36%

    Cooperativa De Ahorro Y Credito De Camuy lent most frequently to those with incomes in the $50k or less range, with 54 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
    30-36% 19 $3,325,000 $175,000 $7,716 7.06%
    20-30% 18 $3,420,000 $190,000 $8,756 7.04%
    50-60% 14 $1,400,000 $100,000 $4,899 6.96%
    43% 8 $890,000 $111,250 $37,661 7.25%
    <20% 8 $1,260,000 $157,500 $7,076 6.94%
    >60% 5 $1,925,000 $385,000 $17,906 7.27%
    41% 5 $565,000 $113,000 $6,057 6.17%
    45% 5 $845,000 $169,000 $7,878 7.03%
    48% 4 $460,000 $115,000 $5,145 6.78%
    37% 4 $360,000 $90,000 $4,742 7.43%
    40% 3 $305,000 $101,667 $5,089 7.55%
    36% 3 $475,000 $158,333 $6,324 6.55%
    47% 3 $505,000 $168,333 $6,453 5.88%
    49% 3 $415,000 $138,333 $6,762 7.28%
    44% 2 $100,000 $50,000 $3,813 7.35%
    39% 1 $125,000 $125,000 $5,836 6.75%
    38% 1 $195,000 $195,000 $10,390 5.75%
    42% 1 $205,000 $205,000 $9,203 6.25%
    46% 1 $85,000 $85,000 $4,883 6.95%

    Cooperativa De Ahorro Y Credito De Camuy lent most frequently to those with DTI ratios of 30-36%, with 19 originations. The next most common DTI ratio? 20-30%, with 18 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 109 $16,885,000 $154,908 $9,650 6.98%

    Approval Rates

    Total approvals of all applications
    93.15%

    Cooperativa De Ahorro Y Credito De Camuy has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.98%

    Cooperativa De Ahorro Y Credito De Camuy has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 109 $16,885,000 $154,908

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    109 $16,885,000 $154,908

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 12 $1,180,000 $98,333 $5,288 6.99%
    40-60% 16 $1,290,000 $80,625 $4,610 7.03%
    60-80% 59 $11,295,000 $191,441 $13,115 7.07%
    80-100% 22 $3,120,000 $141,818 $6,359 6.69%