Mid Oregon Federal Credit Union Mortgage Rates, Fees & Info

Bend, OR

LEI: 549300TEGBOIDI6Z5J56

Tax ID: 93-0495636

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Mid Oregon Federal Credit Union is a smaller credit union specializing in Refi, Cash Out Refi, and Home Purchase loans. Mid Oregon Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Bend, Prineville, Salem, and Eugene among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mid Oregon 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.

    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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    Originations

    80

    Origination Dollar Volume (All Markets)

    $13,520,000

    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
    BEND, OR (FHA|USDA|VA) 49 $9,475,000 $193,367 $0 0.00%
    Prineville, OR (FHA|USDA|VA) 12 $1,980,000 $165,000 $0 0.00%
    Outside of Metro Areas 17 $1,795,000 $105,588 $0 0.00%
    SALEM, OR (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    Mid Oregon Federal Credit Union's top markets include Bend, Prineville, Salem, and Eugene among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 80 $13,520,000 $169,000 $0 0.00%

    For 2018, Mid Oregon Federal Credit Union's most frequently originated type of loan was Conventional, with 80 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 31 $4,745,000 $153,065 $0 0.00%
    Cash Out Refi 26 $4,480,000 $172,308 $0 0.00%
    Home Purchase 19 $3,925,000 $206,579 $0 0.00%
    Home Improvement 4 $370,000 $92,500 $0 0.00%

    For 2018, Mid Oregon Federal Credit Union's most frequently cited loan purpose was Refi, with 31 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
    Other 80 $13,520,000 $169,000 $0 0.00%

    For 2018, Mid Oregon Federal Credit Union's most frequently cited loan duration was Other, with 80 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 33 $4,715,000 $142,879 $0 0.00%
    $100,000 or less 23 $1,645,000 $71,522 $0 0.00%
    $200k-400k 19 $4,755,000 $250,263 $0 0.00%
    $400k-600k 4 $1,800,000 $450,000 $0 0.00%
    $600k-1MM 1 $605,000 $605,000 $0 0.00%

    2018 saw Mid Oregon Federal Credit Union place emphasis on $100k-200k loans with 33 originations, totaling $4,715,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 18 $1,870,000 $103,889 $0 0.00%
    $100k-150k 16 $3,040,000 $190,000 $0 0.00%
    $50k-75k 14 $2,340,000 $167,143 $0 0.00%
    $75k-100k 14 $2,700,000 $192,857 $0 0.00%
    $150k-250k 8 $1,700,000 $212,500 $0 0.00%
    $250k+ 3 $785,000 $261,667 $0 0.00%

    Mid Oregon Federal Credit Union lent most frequently to those with incomes in the $50k or less range, with 18 originations. The second most popular income band? $100k-150k, with 16 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 75 $12,975,000 $173,000 $0 0.00%
    Not applicable 5 $545,000 $109,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    87.38%

    Mid Oregon Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.50%

    Mid Oregon Federal Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 80 $13,520,000 $169,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 9 $1,095,000 $121,667
    Single Family (1-4 Units):Site-Built 71 $12,425,000 $175,000

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    METRO ISLAND MORTGAGE INC. FHA mortgage Closing on a mortgage 1 100.0%