360 Federal Credit Union Mortgage Rates, Fees & Info
Windsor Locks, CTLEI: 549300ZOKUKS0Z7C3X31
Tax ID: 06-0674541
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
360 Federal Credit Union is a smaller credit union specializing in Cash Out Refi and Refi loans. 360 Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Hartford, Springfield, New Haven, Worcester, and Rockford among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)360 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
193Origination Dollar Volume (All Markets)
$16,515,000Top 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 |
---|---|---|---|---|---|
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 154 | $13,120,000 | $85,195 | $0 | 0.00% |
SPRINGFIELD, MA (FHA|USDA|VA) | 31 | $2,125,000 | $68,548 | $0 | 0.00% |
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $0 | 0.00% |
WORCESTER, MA-CT (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 0.00% |
ROCKFORD, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 193 | $16,515,000 | $85,570 | $0 | 0.00% |
For 2020, 360 Federal Credit Union's most frequently originated type of loan was Conventional, with 193 originations.
Loan Reason
Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Cash Out Refi | 123 | $10,005,000 | $81,341 | $0 | 0.00% |
Refi | 70 | $6,510,000 | $93,000 | $0 | 0.00% |
For 2020, 360 Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 123 originations. The 2nd most popular reason was Refi, with 70 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 193 | $16,515,000 | $85,570 | $0 | 0.00% |
For 2020, 360 Federal Credit Union's most frequently cited loan duration was Other, with 193 originations.
Loan Sizing
2020 saw 360 Federal Credit Union place emphasis on $100,000 or less loans with 137 originations, totaling $6,785,000 in origination value.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 193 | $16,515,000 | $85,570 | $0 | 0.00% |
Ethnicity Mix
Approval Rates
Total approvals of all applications88.07%
360 Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination77.72%
360 Federal Credit Union has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 193 | $16,515,000 | $85,570 |