Dugood Federal Credit Union Mortgage Rates, Fees & Info
Beaumont, TXLEI: 549300TVVKZJG3FJDS34
Tax ID: 74-1470665
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Mortgage Data
Review & Overview
Dugood Federal Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Dugood Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Beaumont, Austin, Houston, Dallas, and College Station among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Dugood 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
162Origination Dollar Volume (All Markets)
$21,710,000Top 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) | 136 | $17,900,000 | $131,618 | $0 | 0.00% |
| Outside of Metro Areas | 17 | $2,365,000 | $139,118 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 4 | $540,000 | $135,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 162 | $21,710,000 | $134,012 | $0 | 0.00% |
For 2019, Dugood Federal Credit Union's most frequently originated type of loan was Conventional, with 162 originations.
Loan Reason
For 2019, Dugood Federal Credit Union's most frequently cited loan purpose was Refi, with 76 originations. The 2nd most popular reason was Home Purchase, with 51 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 162 | $21,710,000 | $134,012 | $0 | 0.00% |
For 2019, Dugood Federal Credit Union's most frequently cited loan duration was Other, with 162 originations.
Loan Sizing
2019 saw Dugood Federal Credit Union place emphasis on $100,000 or less loans with 67 originations, totaling $3,775,000 in origination value.
Applicant Income
Dugood Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 44 originations. The second most popular income band? $150k-250k, with 31 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 162 | $21,710,000 | $134,012 | $0 | 0.00% |
Dugood Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 162 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.16%
Dugood Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination65.43%
Dugood 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 | 162 | $21,710,000 | $134,012 |