Firefighters First Federal Credit Union Mortgage Rates, Fees & Info

Los Angeles, CA

LEI: 549300ZS1TR1B4LHX377

Tax ID: 95-0949175

5 stars - Updated: 6/23/24 - out of 5 stars, based on 30 reviews

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

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Mortgage Data

Review & Overview

Firefighters First Federal Credit Union is a smaller credit union specializing in Cash Out Refi, Home Improvement, and Home Purchase loans. Firefighters First Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, Sacramento, Oxnard, and Phoenix among others. We have data for 97 markets. (Some data included below & more in-depth data is available with an active subscription.)

Firefighters First 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. Firefighters First Federal Credit Union 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 relatively high 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.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.32% 6/23/24
30 Year Conventional Purchase 6.07% 6/23/24
30 Year Conventional Refi 6.17% 6/23/24
30 Year Cash-out Refi 6.11% 6/23/24
15 Year Conventional Purchase 7.15% 6/23/24
15 Year Conventional Refi 6.11% 6/23/24
15 Year Cash-out Refi 6.11% 6/23/24
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.

Firefighters First Federal Credit Union Mortgage Calculator






Your Estimates

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

This is not an official calculator from Firefighters First Federal Credit Union. 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

907

Origination Dollar Volume (All Markets)

$178,525,000
Show all (5) awards

Relative Rate

Firefighters First Federal Credit Union's average 30 year fixed mortgage rate was 6.02%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.46%.

Relative Fees (Closing Costs)

Firefighters First Federal Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $3,645.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 193 $47,685,000 $247,073 $2,790 8.05%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 141 $22,485,000 $159,468 $2,591 8.10%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 81 $15,645,000 $193,148 $2,453 8.24%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 65 $12,765,000 $196,385 $3,813 8.18%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 74 $9,540,000 $128,919 $2,207 8.37%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 31 $6,585,000 $212,419 $3,172 8.45%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 18 $5,700,000 $316,667 $3,040 7.69%
BOISE CITY, ID (FHA|USDA|VA) 12 $4,830,000 $402,500 $4,646 6.92%
Outside of Metro Areas 14 $3,440,000 $245,714 $3,249 7.04%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 25 $3,315,000 $132,600 $1,712 8.40%
BAKERSFIELD, CA (FHA|USDA|VA) 22 $3,210,000 $145,909 $1,263 8.03%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 11 $2,395,000 $217,727 $3,429 7.27%
RENO, NV (FHA|USDA|VA) 11 $2,365,000 $215,000 $2,024 7.36%
STOCKTON, CA (FHA|USDA|VA) 8 $2,120,000 $265,000 $4,316 7.91%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $1,915,000 $273,571 $5,741 6.34%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $1,685,000 $337,000 $7,673 7.00%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 9 $1,535,000 $170,556 $1,963 7.33%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 6 $1,360,000 $226,667 $2,838 7.92%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 8 $1,350,000 $168,750 $1,869 8.53%
YUBA CITY, CA (FHA|USDA|VA) 4 $1,320,000 $330,000 $10,211 7.59%
Outside of Metro Areas 7 $1,315,000 $187,857 $2,301 7.98%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $1,225,000 $245,000 $3,440 8.18%
MODESTO, CA (FHA|USDA|VA) 10 $1,090,000 $109,000 $0 9.21%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,045,000 $348,333 $3,227 6.92%
VALLEJO, CA (FHA|USDA|VA) 7 $1,045,000 $149,286 $1,941 9.14%
ST. GEORGE, UT (FHA|USDA|VA) 4 $1,040,000 $260,000 $2,511 7.28%
Gardnerville Ranchos, NV (FHA|USDA|VA) 3 $1,015,000 $338,333 $3,905 7.88%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 6 $960,000 $160,000 $1,924 8.54%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $935,000 $311,667 $2,662 7.17%
Kalispell, MT (FHA|USDA|VA) 1 $875,000 $875,000 $0 7.00%
SALINAS, CA (FHA|USDA|VA) 3 $865,000 $288,333 $1,340 7.67%
Show Low, AZ (FHA|USDA|VA) 6 $860,000 $143,333 $3,133 7.29%
JACKSON, MS (FHA|USDA|VA) 7 $845,000 $120,714 $0 6.61%
TUCSON, AZ (FHA|USDA|VA) 8 $640,000 $80,000 $0 8.47%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $630,000 $315,000 $0 6.88%
Sonora, CA (FHA|USDA|VA) 6 $630,000 $105,000 $0 8.38%
COLUMBUS, OH (FHA|USDA|VA) 2 $540,000 $270,000 $0 6.25%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $480,000 $240,000 $1,815 8.75%
WENATCHEE, WA (FHA|USDA|VA) 2 $460,000 $230,000 $0 6.06%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $445,000 $148,333 $0 6.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $440,000 $220,000 $2,532 6.69%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $425,000 $141,667 $0 6.79%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $425,000 $425,000 $3,142 6.75%
VISALIA, CA (FHA|USDA|VA) 2 $410,000 $205,000 $0 7.56%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $405,000 $405,000 $5,850 5.75%
FORT COLLINS, CO (FHA|USDA|VA) 2 $370,000 $185,000 $1,694 6.94%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $355,000 $355,000 $2,659 5.75%
Heber, UT (FHA|USDA|VA) 1 $345,000 $345,000 $3,101 6.63%
BEND, OR (FHA|USDA|VA) 1 $335,000 $335,000 $4,493 6.50%
MEDFORD, OR (FHA|USDA|VA) 1 $335,000 $335,000 $0 7.25%
Cedar City, UT (FHA|USDA|VA) 2 $330,000 $165,000 $2,358 6.94%
EL PASO, TX (FHA|USDA|VA) 1 $325,000 $325,000 $4,094 6.50%
Roseburg, OR (FHA|USDA|VA) 1 $315,000 $315,000 $0 8.00%
Port Angeles, WA (FHA|USDA|VA) 1 $295,000 $295,000 $0 6.75%
FLAGSTAFF, AZ (FHA|USDA|VA) 2 $290,000 $145,000 $0 7.31%
Montrose, CO (FHA|USDA|VA) 1 $255,000 $255,000 $2,053 5.25%
FRESNO, CA (FHA|USDA|VA) 4 $250,000 $62,500 $1,982 8.47%
KNOXVILLE, TN (FHA|USDA|VA) 1 $245,000 $245,000 $0 6.88%
NAPA, CA (FHA|USDA|VA) 2 $220,000 $110,000 $1,577 8.50%
Moscow, ID (FHA|USDA|VA) 1 $205,000 $205,000 $0 8.50%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $195,000 $195,000 $0 6.25%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.13%
CHICO, CA (FHA|USDA|VA) 2 $190,000 $95,000 $0 8.75%
MISSOULA, MT (FHA|USDA|VA) 1 $185,000 $185,000 $3,344 5.88%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.50%
RACINE, WI (FHA|USDA|VA) 1 $165,000 $165,000 $0 7.38%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 6.13%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.88%
Oak Harbor, WA (FHA|USDA|VA) 1 $155,000 $155,000 $0 9.00%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $145,000 $145,000 $0 11.50%
YUMA, AZ (FHA|USDA|VA) 3 $135,000 $45,000 $0 10.33%
MADERA, CA (FHA|USDA|VA) 2 $130,000 $65,000 $0 8.38%
Ellensburg, WA (FHA|USDA|VA) 1 $125,000 $125,000 $0 9.00%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $125,000 $125,000 $0 8.50%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $115,000 $115,000 $0 8.75%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.13%
Fernley, NV (FHA|USDA|VA) 1 $105,000 $105,000 $0 9.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.75%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $95,000 $95,000 $0 6.13%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $95,000 $95,000 $2,677 5.63%
Nogales, AZ (FHA|USDA|VA) 1 $95,000 $95,000 $0 8.00%
SANTA FE, NM (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.75%
Pahrump, NV (FHA|USDA|VA) 1 $75,000 $75,000 $0 10.50%
Klamath Falls, OR (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.75%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $75,000 $75,000 $1,871 7.50%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $65,000 $65,000 $0 10.25%
SALEM, OR (FHA|USDA|VA) 1 $55,000 $55,000 $1,576 7.50%
FARMINGTON, NM (FHA|USDA|VA) 1 $55,000 $55,000 $2,604 8.88%
Macomb, IL (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.13%
WALLA WALLA, WA (FHA|USDA|VA) 1 $55,000 $55,000 $1,727 7.25%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.50%
Red Bluff, CA (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.50%
CARSON CITY, NV (FHA|USDA|VA) 1 $35,000 $35,000 $0 9.00%
MERCED, CA (FHA|USDA|VA) 1 $35,000 $35,000 $0 10.50%
Elko, NV (FHA|USDA|VA) 1 $25,000 $25,000 $0 10.25%
LONGVIEW, WA (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.25%
Payson, AZ (FHA|USDA|VA) 1 $15,000 $15,000 $1,694 7.50%
Firefighters First Federal Credit Union's top markets include Los Angeles, Riverside, Sacramento, Oxnard, and Phoenix among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Firefighters First Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    SAFE 1 CREDIT UNION
    Similarity Rank: 24
    AltaOne Federal Credit Union
    Similarity Rank: 55
    Los Angeles Federal Credit Union
    Similarity Rank: 72
    MISSION
    Similarity Rank: 93
    VENTURA COUNTY
    Similarity Rank: 96
    PIONEER
    Similarity Rank: 120
    El Dorado Savings Bank, F.S.B.
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    VALLEY STRONG CREDIT UNION
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    LBS FINANCIAL
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 517 $68,845,000 $133,162 n/a 8.93%
    Conventional 389 $109,295,000 $280,964 $2,832 6.80%
    HELOC 1 $385,000 $385,000 n/a 6.75%

    For 2023, Firefighters First Federal Credit Union's most frequently originated type of loan was HELOC, with 517 originations. Their 2nd most popular type was Conventional, with 389 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 478 $72,300,000 $151,255 $1,663 8.35%
    Home Improvement 268 $39,300,000 $146,642 $1,439 8.49%
    Home Purchase 145 $62,565,000 $431,483 $5,555 6.21%
    Refi 15 $4,055,000 $270,333 $260 6.42%
    Other 1 $305,000 $305,000 $0 7.00%

    For 2023, Firefighters First Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 478 originations. The 2nd most popular reason was Home Improvement, with 268 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 595 $90,995,000 $152,933 $0 8.62%
    30 Year 156 $67,560,000 $433,077 $3,645 6.02%
    20 Year 152 $18,910,000 $124,408 $1,960 7.72%
    15 Year 4 $1,060,000 $265,000 $4,737 6.28%

    For 2023, Firefighters First Federal Credit Union's most frequently cited loan duration was Other, with 595 originations. The 2nd most popular length was 30 Year, with 156 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 296 $81,430,000 $275,101
    $5k+ 5 $3,225,000 $645,000
    $2k-3k 3 $785,000 $261,667
    $3k-4k 3 $1,085,000 $361,667
    $4k-5k 3 $855,000 $285,000
    $1k-2k 1 $95,000 $95,000

    Firefighters First Federal Credit Union's average total fees were $3,645, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 296 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 492 $63,770,000 $129,614
    7-8% 191 $29,025,000 $151,963
    6-7% 117 $39,525,000 $337,821
    5-6% 99 $42,495,000 $429,242
    4-5% 8 $3,710,000 $463,750

    During 2023, Firefighters First Federal Credit Union's average interest rate for loans was 6.02%, while their most frequently originated rate bucket for loans was Over 8%, with 492 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 326 $20,460,000 $62,761 $1,712 8.52%
    $100k-200k 263 $35,595,000 $135,342 $1,873 8.36%
    $200k-400k 211 $57,215,000 $271,161 $2,703 7.62%
    $400k-600k 67 $31,485,000 $469,925 $4,609 6.63%
    $600k-1MM 32 $24,520,000 $766,250 $4,528 5.98%
    $1MM+ 8 $9,250,000 $1,156,250 $9,058 6.00%

    2023 saw Firefighters First Federal Credit Union place emphasis on $100,000 or less loans with 326 originations, totaling $20,460,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 391 $76,795,000 $196,407 $2,724 8.17%
    $100k-150k 237 $36,085,000 $152,257 $2,669 8.19%
    $250k+ 116 $39,940,000 $344,310 $4,162 7.73%
    $75k-100k 84 $10,290,000 $122,500 $2,444 8.08%
    $50k-75k 34 $3,900,000 $114,706 $2,209 7.64%
    $50k or less 3 $275,000 $91,667 $847 6.67%

    Firefighters First Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 391 originations. The second most popular income band? $100k-150k, with 237 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 150 $28,600,000 $190,667 $2,425 7.96%
    20-30% 119 $18,635,000 $156,597 $2,396 7.99%
    49% 68 $10,880,000 $160,000 $2,681 8.52%
    44% 62 $10,140,000 $163,548 $2,343 8.40%
    42% 55 $11,975,000 $217,727 $5,094 8.37%
    41% 47 $10,235,000 $217,766 $4,735 8.02%
    43% 44 $8,390,000 $190,682 $2,532 8.26%
    40% 34 $5,260,000 $154,706 $1,849 8.74%
    47% 32 $8,700,000 $271,875 $2,623 7.95%
    39% 32 $6,550,000 $204,688 $3,386 7.57%
    36% 29 $5,965,000 $205,690 $3,079 8.10%
    48% 26 $5,150,000 $198,077 $2,104 8.48%
    37% 25 $5,035,000 $201,400 $3,229 8.06%
    <20% 24 $3,110,000 $129,583 $1,005 7.43%
    46% 23 $5,555,000 $241,522 $4,504 7.86%
    45% 23 $4,435,000 $192,826 $2,141 8.46%
    38% 19 $3,855,000 $202,895 $3,800 8.53%
    50-60% 12 $3,200,000 $266,667 $2,666 8.73%
    >60% 1 $45,000 $45,000 $1,759 6.63%

    Firefighters First Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 150 originations. The next most common DTI ratio? 20-30%, with 119 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 459 $91,095,000 $198,464 $2,877 8.14%
    Not provided 315 $61,805,000 $196,206 $2,815 7.88%
    Not applicable 45 $9,485,000 $210,778 $1,244 6.94%
    Black 40 $6,780,000 $169,500 $3,220 8.40%
    Asian 12 $2,810,000 $234,167 $4,153 8.40%
    American Indian 14 $2,310,000 $165,000 $2,285 8.51%
    Filipino 9 $1,835,000 $203,889 $2,201 8.56%
    Other Asian 7 $1,655,000 $236,429 $2,912 7.89%
    Native Hawaiian or Islander 3 $415,000 $138,333 $1,809 7.58%
    Japanese 2 $210,000 $105,000 $0 7.31%
    Samoan 1 $125,000 $125,000 $0 9.00%

    Approval Rates

    Total approvals of all applications
    89.19%

    Firefighters First Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.82%

    Firefighters First Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    3000.0 1 $305,000 $305,000
    NA 906 $178,220,000 $196,711

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    907 $178,525,000 $196,830

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 194 $46,100,000 $237,629 $2,356 8.19%
    40-60% 50 $18,670,000 $373,400 $3,339 6.57%
    60-80% 107 $42,105,000 $393,505 $3,877 6.38%
    80-100% 38 $20,370,000 $536,053 $5,701 6.02%
    Under 20% 518 $51,280,000 $98,996 $1,763 8.57%