St. Jean's Credit Union Mortgage Rates, Fees & Info

Lynn, MA

LEI: 549300UWBYWOAZYM9C07

Tax ID: 04-1801520

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    St. Jean's Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. St. Jean's Credit Union has a high proportion of conventional loans. Their top two markets are Boston and Portland .

    St. Jean's 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

    137

    Origination Dollar Volume (All Markets)

    $22,555,000

    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
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 133 $21,855,000 $164,323 $0 0.00%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 3 $675,000 $225,000 $0 0.00%
    Outside of Metro Areas 1 $25,000 $25,000 $0 0.00%
    St. Jean's Credit Union's top markets include Boston and Portland among others.

    Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • Maine (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 137 $22,555,000 $164,635 $0 0.00%

    For 2018, St. Jean's Credit Union's most frequently originated type of loan was Conventional, with 137 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 53 $2,905,000 $54,811 $0 0.00%
    Cash Out Refi 42 $9,540,000 $227,143 $0 0.00%
    Home Purchase 26 $8,230,000 $316,538 $0 0.00%
    Refi 13 $1,775,000 $136,538 $0 0.00%
    Other 3 $105,000 $35,000 $0 0.00%

    For 2018, St. Jean's Credit Union's most frequently cited loan purpose was Home Improvement, with 53 originations. The 2nd most popular reason was Cash Out Refi, with 42 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 137 $22,555,000 $164,635 $0 0.00%

    For 2018, St. Jean's Credit Union's most frequently cited loan duration was Other, with 137 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 65 $2,905,000 $44,692 $0 0.00%
    $200k-400k 37 $10,915,000 $295,000 $0 0.00%
    $100k-200k 24 $3,460,000 $144,167 $0 0.00%
    $400k-600k 11 $5,275,000 $479,545 $0 0.00%

    2018 saw St. Jean's Credit Union place emphasis on $100,000 or less loans with 65 originations, totaling $2,905,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 43 $7,885,000 $183,372 $0 0.00%
    $50k-75k 31 $3,475,000 $112,097 $0 0.00%
    $75k-100k 29 $4,175,000 $143,966 $0 0.00%
    $150k-250k 21 $4,925,000 $234,524 $0 0.00%
    $50k or less 7 $335,000 $47,857 $0 0.00%
    $250k+ 6 $1,760,000 $293,333 $0 0.00%

    St. Jean's Credit Union lent most frequently to those with incomes in the $100k-150k range, with 43 originations. The second most popular income band? $50k-75k, with 31 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 137 $22,555,000 $164,635 $0 0.00%

    St. Jean's Credit Union lent most frequently to those with DTI ratios of Exempt%, with 137 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 120 $21,270,000 $177,250 $0 0.00%
    Not provided 11 $725,000 $65,909 $0 0.00%
    Black 5 $535,000 $107,000 $0 0.00%
    American Indian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.00%

    St. Jean's Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.40%

    St. Jean's Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 137 $22,555,000 $164,635

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 137 $22,555,000 $164,635