Sabine Federal Credit Union Mortgage Rates, Fees & Info
Orange, TXLEI: 549300TMS3AOKJGVNU61
Tax ID: 74-1110043
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Sabine Federal Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Sabine Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Beaumont, Austin, Tyler, Midland, and Houston among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Sabine 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
151Origination Dollar Volume (All Markets)
$23,015,000Top 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 |
|---|---|---|---|---|---|
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 128 | $18,180,000 | $142,031 | $0 | 0.00% |
| Outside of Metro Areas | 16 | $2,770,000 | $173,125 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $0 | 0.00% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 151 | $23,015,000 | $152,417 | $0 | 0.00% |
For 2022, Sabine Federal Credit Union's most frequently originated type of loan was Conventional, with 151 originations.
Loan Reason
For 2022, Sabine Federal Credit Union's most frequently cited loan purpose was Refi, with 70 originations. The 2nd most popular reason was Home Purchase, with 33 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 151 | $23,015,000 | $152,417 | $0 | 0.00% |
For 2022, Sabine Federal Credit Union's most frequently cited loan duration was Other, with 151 originations.
Loan Sizing
2022 saw Sabine Federal Credit Union place emphasis on $100,000 or less loans with 73 originations, totaling $4,115,000 in origination value.
Applicant Income
Sabine Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 46 originations. The second most popular income band? $150k-250k, with 32 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 151 | $23,015,000 | $152,417 | $0 | 0.00% |
Sabine Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 151 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.90%
Sabine Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination76.16%
Sabine Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 151 | $23,015,000 | $152,417 |