Access Federal Credit Union Mortgage Rates, Fees & Info
Clinton, NYLEI: 549300V4QN9VP69K5I11
Tax ID: 15-6017605
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Access Federal Credit Union is a smaller credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. Access Federal Credit Union has a high proportion of conventional loans. Their top two markets are Utica and Syracuse .Access 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.
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.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
63Origination Dollar Volume (All Markets)
$5,045,000Top 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 |
|---|---|---|---|---|---|
| UTICA-ROME, NY (FHA|USDA|VA) | 47 | $3,845,000 | $81,809 | $0 | 0.00% |
| SYRACUSE, NY (FHA|USDA|VA) | 16 | $1,200,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 63 | $5,045,000 | $80,079 | $0 | 0.00% |
For 2019, Access Federal Credit Union's most frequently originated type of loan was Conventional, with 63 originations.
Loan Reason
For 2019, Access Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 17 originations. The 2nd most popular reason was Home Improvement, with 16 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 63 | $5,045,000 | $80,079 | $0 | 0.00% |
For 2019, Access Federal Credit Union's most frequently cited loan duration was Other, with 63 originations.
Loan Sizing
2019 saw Access Federal Credit Union place emphasis on $100,000 or less loans with 47 originations, totaling $2,375,000 in origination value.
Applicant Income
Access Federal Credit Union lent most frequently to those with incomes in the $50k or less range, with 19 originations. The second most popular income band? $75k-100k, with 15 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 63 | $5,045,000 | $80,079 | $0 | 0.00% |
Access Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 63 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 62 | $5,000,000 | $80,645 | $0 | 0.00% |
| Black | 1 | $45,000 | $45,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications84.71%
Access Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination85.71%
Access Federal Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 63 | $5,045,000 | $80,079 |