Nw Preferred Federal Cu Mortgage Rates, Fees & Info
Portland, ORLEI: 549300WVC34HTRW8RB87
Tax ID: 93-0388911
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Nw Preferred Federal Cu is a smaller mortgage company specializing in Home Improvement and Home Purchase loans. Nw Preferred Federal Cu has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Salem, Seattle, Albany, and Phoenix among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Nw Preferred Federal Cu 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
56Origination Dollar Volume (All Markets)
$4,560,000Top 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 |
---|---|---|---|---|---|
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 17 | $1,415,000 | $83,235 | $0 | 0.00% |
SALEM, OR (FHA|USDA|VA) | 14 | $950,000 | $67,857 | $0 | 0.00% |
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 8 | $930,000 | $116,250 | $0 | 0.00% |
ALBANY-LEBANON, OR (FHA|USDA|VA) | 7 | $485,000 | $69,286 | $0 | 0.00% |
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
Centralia, WA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 0.00% |
Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
BOISE CITY, ID (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Rexburg, ID (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 56 | $4,560,000 | $81,429 | $0 | 0.00% |
For 2018, Nw Preferred Federal Cu's most frequently originated type of loan was Conventional, with 56 originations.
Loan Reason
For 2018, Nw Preferred Federal Cu's most frequently cited loan purpose was Home Improvement, with 26 originations. The 2nd most popular reason was Cash Out Refi, with 12 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 56 | $4,560,000 | $81,429 | $0 | 0.00% |
For 2018, Nw Preferred Federal Cu's most frequently cited loan duration was Other, with 56 originations.
Loan Sizing
2018 saw Nw Preferred Federal Cu place emphasis on $100,000 or less loans with 38 originations, totaling $1,620,000 in origination value.
Applicant Income
Nw Preferred Federal Cu lent most frequently to those with incomes in the $75k-100k range, with 17 originations. The second most popular income band? $50k-75k, with 14 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 56 | $4,560,000 | $81,429 | $0 | 0.00% |
Nw Preferred Federal Cu lent most frequently to those with DTI ratios of Exempt%, with 56 originations.
Ethnicity Mix
Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
White | 41 | $3,575,000 | $87,195 | $0 | 0.00% |
Not provided | 15 | $985,000 | $65,667 | $0 | 0.00% |
Approval Rates
Total approvals of all applications85.11%
Nw Preferred Federal Cu has an average approval rate.
Pick Rate
Approvals leading to origination57.14%
Nw Preferred Federal Cu 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 | 56 | $4,560,000 | $81,429 |