Dugood Federal Credit Union Mortgage Rates, Fees & Info

Beaumont, TX

LEI: 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, Houston, Mount Pleasant, Kerrville, and Dallas among others. We have data for 8 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

345

Origination Dollar Volume (All Markets)

$62,115,000

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
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 258 $40,730,000 $157,868 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 55 $15,865,000 $288,455 $0 0.00%
Outside of Metro Areas 27 $3,335,000 $123,519 $0 0.00%
Mount Pleasant, TX (FHA|USDA|VA) 1 $1,185,000 $1,185,000 $0 0.00%
Kerrville, TX (FHA|USDA|VA) 1 $585,000 $585,000 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
Athens, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
Dugood Federal Credit Union's top markets include Beaumont, Houston, Mount Pleasant, Kerrville, and Dallas among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 345 $62,115,000 $180,043 $0 0.00%

    For 2021, Dugood Federal Credit Union's most frequently originated type of loan was Conventional, with 345 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 240 $40,770,000 $169,875 $0 0.00%
    Home Purchase 63 $17,725,000 $281,349 $0 0.00%
    Other 22 $2,240,000 $101,818 $0 0.00%
    Home Improvement 20 $1,380,000 $69,000 $0 0.00%

    For 2021, Dugood Federal Credit Union's most frequently cited loan purpose was Refi, with 240 originations. The 2nd most popular reason was Home Purchase, with 63 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 345 $62,115,000 $180,043 $0 0.00%

    For 2021, Dugood Federal Credit Union's most frequently cited loan duration was Other, with 345 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 141 $20,175,000 $143,085 $0 0.00%
    $100,000 or less 131 $8,715,000 $66,527 $0 0.00%
    $200k-400k 49 $13,405,000 $273,571 $0 0.00%
    $400k-600k 11 $5,545,000 $504,091 $0 0.00%
    $1MM+ 9 $11,205,000 $1,245,000 $0 0.00%
    $600k-1MM 4 $3,070,000 $767,500 $0 0.00%

    2021 saw Dugood Federal Credit Union place emphasis on $100k-200k loans with 141 originations, totaling $20,175,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 57 $9,175,000 $160,965 $0 0.00%
    $75k-100k 54 $7,500,000 $138,889 $0 0.00%
    $50k-75k 49 $4,955,000 $101,122 $0 0.00%
    $150k-250k 42 $10,810,000 $257,381 $0 0.00%
    $50k or less 28 $2,100,000 $75,000 $0 0.00%
    $250k+ 6 $2,010,000 $335,000 $0 0.00%

    Dugood Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 57 originations. The second most popular income band? $75k-100k, with 54 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 345 $62,115,000 $180,043 $0 0.00%

    Dugood Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 345 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 109 $25,565,000 $234,541 $0 0.00%
    Not provided 147 $23,675,000 $161,054 $0 0.00%
    White 77 $11,495,000 $149,286 $0 0.00%
    Black 8 $840,000 $105,000 $0 0.00%
    American Indian 2 $300,000 $150,000 $0 0.00%
    Asian 1 $135,000 $135,000 $0 0.00%
    Asian Indian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.50%

    Dugood Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.45%

    Dugood Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 345 $62,115,000 $180,043

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    345 $62,115,000 $180,043