Mid Oregon Federal Credit Union Mortgage Rates, Fees & Info
Bend, ORLEI: 549300TEGBOIDI6Z5J56
Tax ID: 93-0495636
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Mid Oregon Federal Credit Union is a smaller credit union specializing in Cash Out Refi loans. Mid Oregon Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Bend, Prineville, Klamath Falls, Portland, and Brookings among others. We have data for 9 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.
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Originations
215Origination Dollar Volume (All Markets)
$48,915,000Top 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 |
|---|---|---|---|---|---|
| BEND, OR (FHA|USDA|VA) | 150 | $36,750,000 | $245,000 | $0 | 0.00% |
| Prineville, OR (FHA|USDA|VA) | 23 | $5,255,000 | $228,478 | $0 | 0.00% |
| Outside of Metro Areas | 28 | $4,320,000 | $154,286 | $0 | 0.00% |
| Klamath Falls, OR (FHA|USDA|VA) | 8 | $940,000 | $117,500 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $0 | 0.00% |
| Brookings, OR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Newport, OR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Ontario, OR-ID (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| La Grande, OR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 215 | $48,915,000 | $227,512 | $0 | 0.00% |
For 2020, Mid Oregon Federal Credit Union's most frequently originated type of loan was Conventional, with 215 originations.
Loan Reason
For 2020, Mid Oregon Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 133 originations. The 2nd most popular reason was Home Purchase, with 40 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 215 | $48,915,000 | $227,512 | $0 | 0.00% |
For 2020, Mid Oregon Federal Credit Union's most frequently cited loan duration was Other, with 215 originations.
Loan Sizing
2020 saw Mid Oregon Federal Credit Union place emphasis on $200k-400k loans with 85 originations, totaling $22,795,000 in origination value.
Applicant Income
Mid Oregon Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 45 originations. The second most popular income band? $50k-75k, with 42 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 215 | $48,915,000 | $227,512 | $0 | 0.00% |
Mid Oregon Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 215 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.69%
Mid Oregon Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination69.77%
Mid Oregon Federal Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 215 | $48,915,000 | $227,512 |