Cooperativa De Ahorro Y Credito Jesus Obrero Mortgage Rates, Fees & Info

Guaynabo,

LEI: 549300UZ22L3KMKOI185

Tax ID: 66-0267388

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Cooperativa De Ahorro Y Credito Jesus Obrero is a smaller mortgage company specializing in Home Purchase loans. Cooperativa De Ahorro Y Credito Jesus Obrero has a high proportion of conventional loans. Their top (well, only) market is San Juan.

    Cooperativa De Ahorro Y Credito Jesus Obrero has an average approval rate when compared to the average across all lenders. Cooperativa De Ahorro Y Credito Jesus Obrero is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.00% 12/3/24
    30 Year Conventional Refi 6.64% 12/3/24
    30 Year Cash-out Refi 6.27% 12/3/24
    30 Year USDA Purchase 6.27% 12/3/24
    15 Year Conventional Purchase 5.68% 12/3/24
    15 Year Conventional Refi 6.26% 12/3/24
    15 Year Cash-out Refi 6.26% 12/3/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Cooperativa De Ahorro Y Credito Jesus Obrero Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Cooperativa De Ahorro Y Credito Jesus Obrero. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    47

    Origination Dollar Volume (All Markets)

    $4,235,000

    Awards

    Cooperativa de Ahorro y Credito Jesus Obrero 30 Year Conventional Loans gold
    Show all (1) awards

    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
    SAN JUAN-BAYAMÓN-CAGUAS, PR (FHA|USDA|VA) 47 $4,235,000 $90,106 $3,702 4.79%
    Cooperativa De Ahorro Y Credito Jesus Obrero's top markets include and San Juan among others.

    Their top states include:
  • Puerto Rico (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Cooperativa de Ahorro y Credito Jesus Obrero based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Cooperativa de Ahorro y Credito Jesus Obrero
    Similarity Rank: 25
    COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS
    Similarity Rank: 27
    COOPERATIVA DE CREDITO LA SAGRADA FAMILIA
    Similarity Rank: 56
    COOPERATIVA DE AHORRO Y CREDITO DR. MANUEL ZENO GANDIA
    Similarity Rank: 72
    COOPERATIVA DE AHORRO Y CREDITO ROOSEVELT ROADS
    Similarity Rank: 96
    Cooperativa De Credito Y Ahorro San Jose
    Similarity Rank: 150
    CARIBE FEDERAL CREDIT UNION
    Similarity Rank: 168
    COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA
    Similarity Rank: 176
    COOPERATIVA DE AHORRO Y CREDITO DE MANATI INC.
    Similarity Rank: 180
    Cooperativa Ahorro y Credito Aguadilla
    Similarity Rank: 244

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 47 $4,235,000 $90,106 $3,702 4.79%

    For 2021, Cooperativa De Ahorro Y Credito Jesus Obrero's most frequently originated type of loan was Conventional, with 47 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 44 $3,460,000 $78,636 $3,479 4.83%
    Cash Out Refi 2 $540,000 $270,000 $8,597 4.81%
    Refi 1 $235,000 $235,000 $3,495 2.88%

    For 2021, Cooperativa De Ahorro Y Credito Jesus Obrero's most frequently cited loan purpose was Home Purchase, with 44 originations. The 2nd most popular reason was Cash Out Refi, with 2 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 44 $4,010,000 $91,136 $3,694 4.76%
    15 Year 3 $225,000 $75,000 $3,820 5.25%

    For 2021, Cooperativa De Ahorro Y Credito Jesus Obrero's most frequently cited loan duration was 30 Year, with 44 originations. The 2nd most popular length was 15 Year, with 3 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 34 $2,480,000 $72,941
    $2k-3k 5 $585,000 $117,000
    $1k-2k 4 $390,000 $97,500
    $3k-4k 1 $155,000 $155,000
    $4k-5k 1 $145,000 $145,000
    $5k+ 1 $395,000 $395,000

    Cooperativa De Ahorro Y Credito Jesus Obrero's average total fees were $3,694, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 34 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 38 $2,950,000 $77,632
    5-6% 5 $465,000 $93,000
    3-4% 3 $585,000 $195,000
    2.5-3% 1 $235,000 $235,000

    During 2021, Cooperativa De Ahorro Y Credito Jesus Obrero's average interest rate for loans was 4.76%, while their most frequently originated rate bucket for loans was 4-5%, with 38 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 39 $2,875,000 $73,718 $3,266 4.81%
    $100k-200k 6 $730,000 $121,667 $5,495 5.08%
    $200k-400k 2 $630,000 $315,000 $6,609 3.38%

    2021 saw Cooperativa De Ahorro Y Credito Jesus Obrero place emphasis on $100,000 or less loans with 39 originations, totaling $2,875,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 40 $3,130,000 $78,250 $3,372 4.82%
    $50k-75k 3 $415,000 $138,333 $4,447 3.83%
    $75k-100k 3 $295,000 $98,333 $5,238 5.58%
    $100k-150k 1 $395,000 $395,000 $9,722 3.88%

    Cooperativa De Ahorro Y Credito Jesus Obrero lent most frequently to those with incomes in the $50k or less range, with 40 originations. The second most popular income band? $50k-75k, with 3 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 12 $1,030,000 $85,833 $4,065 4.78%
    38% 5 $745,000 $149,000 $5,042 4.78%
    41% 4 $240,000 $60,000 $2,520 4.88%
    42% 4 $270,000 $67,500 $2,953 4.53%
    44% 4 $440,000 $110,000 $3,495 4.59%
    20-30% 3 $255,000 $85,000 $3,638 5.08%
    36% 3 $315,000 $105,000 $4,213 4.75%
    40% 3 $175,000 $58,333 $2,452 4.92%
    43% 3 $265,000 $88,333 $3,827 4.75%
    45% 2 $200,000 $100,000 $4,060 4.75%
    46% 2 $160,000 $80,000 $3,327 4.75%
    37% 1 $65,000 $65,000 $3,402 5.50%
    47% 1 $75,000 $75,000 $3,183 4.75%

    Cooperativa De Ahorro Y Credito Jesus Obrero lent most frequently to those with DTI ratios of 30-36%, with 12 originations. The next most common DTI ratio? 38%, with 5 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 40 $3,770,000 $94,250 $3,850 4.78%
    Black 7 $465,000 $66,429 $2,714 4.86%

    Approval Rates

    Total approvals of all applications
    79.07%

    Cooperativa De Ahorro Y Credito Jesus Obrero has a below average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 47 $4,235,000 $90,106

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    47 $4,235,000 $90,106

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    40-60% 1 $25,000 $25,000 $819 4.75%
    60-80% 29 $2,695,000 $92,931 $3,741 4.73%
    80-100% 16 $1,410,000 $88,125 $3,676 4.81%
    Over 100% 1 $105,000 $105,000 $5,903 6.00%