Alliance Credit Union Mortgage Rates, Fees & Info
Fenton, MOLEI: 549300TN0HZ349E7ZH34
Tax ID: 43-0658202
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Mortgage Data
Review & Overview
Alliance Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Alliance Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Farmington, and West Plains among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Alliance 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.
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Originations
155Origination Dollar Volume (All Markets)
$28,285,000Top 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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 145 | $26,505,000 | $182,793 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $1,565,000 | $223,571 | $0 | 0.00% |
| Farmington, MO (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 0.00% |
| West Plains, MO (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against ALLIANCE CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 198
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 155 | $28,285,000 | $182,484 | $0 | 0.00% |
For 2024, Alliance Credit Union's most frequently originated type of loan was Conventional, with 155 originations.
Loan Reason
For 2024, Alliance Credit Union's most frequently cited loan purpose was Cash Out Refi, with 76 originations. The 2nd most popular reason was Home Purchase, with 50 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 155 | $28,285,000 | $182,484 | $0 | 0.00% |
For 2024, Alliance Credit Union's most frequently cited loan duration was Other, with 155 originations.
Loan Sizing
2024 saw Alliance Credit Union place emphasis on $100,000 or less loans with 74 originations, totaling $3,900,000 in origination value.
Applicant Income
Alliance Credit Union lent most frequently to those with incomes in the $100k-150k range, with 42 originations. The second most popular income band? $150k-250k, with 41 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 155 | $28,285,000 | $182,484 | $0 | 0.00% |
Alliance Credit Union lent most frequently to those with DTI ratios of Exempt%, with 155 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
Alliance Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination92.26%
Alliance Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 155 | $28,285,000 | $182,484 |