Technicolor Federal Credit Union Mortgage Rates, Fees & Info

Burbank, CA

LEI: 549300TJMPSMO4XCL284

Tax ID: 95-1746861

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Mortgage Data

Review & Overview

Technicolor Federal Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Technicolor Federal Credit Union has a high proportion of conventional loans. Their top (well, only) market is Los Angeles.

Technicolor Federal Credit Union has an above average approval rate when compared to the average across all lenders. They have an above 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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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.27% 11/21/24
30 Year Conventional Refi 6.27% 11/21/24
30 Year Cash-out Refi 6.27% 11/21/24
15 Year Conventional Refi 5.68% 11/21/24
15 Year Cash-out Refi 5.68% 11/21/24
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.

Technicolor Federal Credit Union Mortgage Calculator






Your Estimates

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

This is not an official calculator from Technicolor Federal Credit Union. 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

19

Origination Dollar Volume (All Markets)

$8,015,000

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 16 $5,780,000 $361,250 $0 0.00%
Outside of Metro Areas 3 $2,235,000 $745,000 $0 0.00%
Technicolor Federal Credit Union's top markets include and Los Angeles among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 19 $8,015,000 $421,842 $0 0.00%

    For 2018, Technicolor Federal Credit Union's most frequently originated type of loan was Conventional, with 19 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 14 $4,350,000 $310,714 $0 0.00%
    Home Purchase 4 $2,750,000 $687,500 $0 0.00%
    Refi 1 $915,000 $915,000 $0 0.00%

    For 2018, Technicolor Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 14 originations. The 2nd most popular reason was Home Purchase, with 4 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 13 $6,735,000 $518,077 $0 0.00%
    15 Year 4 $900,000 $225,000 $0 0.00%
    10 Year 1 $75,000 $75,000 $0 0.00%
    20 Year 1 $305,000 $305,000 $0 0.00%

    For 2018, Technicolor Federal Credit Union's most frequently cited loan duration was 30 Year, with 13 originations. The 2nd most popular length was 15 Year, with 4 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 8 $2,210,000 $276,250 $0 0.00%
    $600k-1MM 5 $4,055,000 $811,000 $0 0.00%
    $400k-600k 3 $1,435,000 $478,333 $0 0.00%
    $100,000 or less 2 $160,000 $80,000 $0 0.00%
    $100k-200k 1 $155,000 $155,000 $0 0.00%

    2018 saw Technicolor Federal Credit Union place emphasis on $200k-400k loans with 8 originations, totaling $2,210,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 5 $835,000 $167,000 $0 0.00%
    $50k-75k 4 $1,730,000 $432,500 $0 0.00%
    $75k-100k 4 $2,000,000 $500,000 $0 0.00%
    $250k+ 3 $1,385,000 $461,667 $0 0.00%
    $150k-250k 2 $1,710,000 $855,000 $0 0.00%
    $100k-150k 1 $355,000 $355,000 $0 0.00%

    Technicolor Federal Credit Union lent most frequently to those with incomes in the $50k or less range, with 5 originations. The second most popular income band? $50k-75k, with 4 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 12 $5,680,000 $473,333 $0 0.00%
    Not provided 4 $1,670,000 $417,500 $0 0.00%
    Asian 1 $505,000 $505,000 $0 0.00%
    Black 1 $85,000 $85,000 $0 0.00%
    Native Hawaiian or Islander 1 $75,000 $75,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.91%

    Technicolor Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    94.74%

    Technicolor Federal Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 19 $8,015,000 $421,842

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 19 $8,015,000 $421,842

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $1,765,000 $353,000 $0 0.00%
    40-60% 3 $1,135,000 $378,333 $0 0.00%
    60-80% 6 $2,770,000 $461,667 $0 0.00%
    80-100% 2 $1,710,000 $855,000 $0 0.00%
    Under 20% 3 $635,000 $211,667 $0 0.00%