Firefighters First Federal Credit Union Mortgage Rates, Fees & Info
Los Angeles, CALEI: 549300ZS1TR1B4LHX377
Tax ID: 95-0949175
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Mortgage Data
Review & Overview
Firefighters First Federal Credit Union is a smaller credit union specializing in Cash Out Refi 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, Oxnard, Sacramento, and San Francisco among others. We have data for 53 markets. (Some data included below & more in-depth data is available with an active subscription.)Firefighters First Federal Credit Union has an above 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.32% | 4/28/24 |
| 30 Year Conventional Purchase | 6.07% | 4/28/24 |
| 30 Year Conventional Refi | 6.17% | 4/28/24 |
| 30 Year Cash-out Refi | 6.11% | 4/28/24 |
| 15 Year Conventional Purchase | 7.15% | 4/28/24 |
| 15 Year Conventional Refi | 6.11% | 4/28/24 |
| 15 Year Cash-out Refi | 6.11% | 4/28/24 |
| 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
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This is not an official calculator from Firefighters First Federal Credit Union. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
524Origination Dollar Volume (All Markets)
$181,400,000Awards
Firefighters First Federal Credit Union - 2018
Firefighters First Federal Credit Union is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
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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) | 138 | $52,220,000 | $378,406 | $2,865 | 4.20% |
| Outside of Metro Areas | 106 | $39,130,000 | $369,151 | $3,573 | 4.23% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 74 | $22,720,000 | $307,027 | $2,960 | 4.32% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 32 | $12,690,000 | $396,563 | $3,196 | 4.21% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 25 | $7,795,000 | $311,800 | $3,030 | 4.35% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 13 | $5,815,000 | $447,308 | $3,018 | 3.96% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 9 | $4,145,000 | $460,556 | $3,513 | 4.47% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 14 | $3,160,000 | $225,714 | $2,970 | 4.08% |
| BOISE CITY, ID (FHA|USDA|VA) | 11 | $3,115,000 | $283,182 | $3,883 | 3.75% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 6 | $2,530,000 | $421,667 | $2,819 | 4.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 10 | $2,150,000 | $215,000 | $2,805 | 4.01% |
| STOCKTON, CA (FHA|USDA|VA) | 6 | $2,040,000 | $340,000 | $2,609 | 3.88% |
| VALLEJO, CA (FHA|USDA|VA) | 4 | $1,880,000 | $470,000 | $3,814 | 3.69% |
| BEND, OR (FHA|USDA|VA) | 4 | $1,750,000 | $437,500 | $4,744 | 3.91% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 3 | $1,645,000 | $548,333 | $4,928 | 3.67% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 4 | $1,390,000 | $347,500 | $2,401 | 4.06% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 5 | $1,335,000 | $267,000 | $3,138 | 4.43% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 3 | $1,155,000 | $385,000 | $5,266 | 4.25% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $2,792 | 4.15% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 2 | $930,000 | $465,000 | $3,213 | 3.75% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 4 | $890,000 | $222,500 | $3,120 | 4.25% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $3,787 | 4.38% |
| Hilo, HI (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $3,772 | 5.56% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 4 | $730,000 | $182,500 | $2,199 | 5.09% |
| Port Angeles, WA (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $2,971 | 4.69% |
| MODESTO, CA (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $2,493 | 5.12% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $3,454 | 4.31% |
| ST. GEORGE, UT (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $2,773 | 3.50% |
| RENO, NV (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,720 | 3.94% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $2,678 | 4.56% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $3,228 | 3.63% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 4.88% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,425 | 4.88% |
| REDDING, CA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,416 | 4.63% |
| Outside of Metro Areas | 1 | $345,000 | $345,000 | $2,488 | 4.13% |
| Show Low, AZ (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $2,533 | 4.25% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,411 | 4.75% |
| CHICO, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,284 | 4.38% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,313 | 4.38% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,505 | 4.25% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,406 | 5.99% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 4.75% |
| MERCED, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,272 | 4.63% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,128 | 3.38% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,261 | 3.38% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,533 | 4.13% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,548 | 4.75% |
| SALEM, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,403 | 3.50% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $2,663 | 4.81% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,111 | 4.63% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,132 | 4.75% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,518 | 4.50% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,388 | 4.63% |
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.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 520 | $180,480,000 | $347,077 | $3,166 | 4.22% |
| HELOC | 2 | $330,000 | $165,000 | n/a | 5.50% |
| Reverse Mortgage | 2 | $590,000 | $295,000 | $0 | 5.00% |
For 2018, Firefighters First Federal Credit Union's most frequently originated type of loan was Conventional, with 520 originations. Their 2nd most popular type was HELOC, with 2 originations.
Loan Reason
For 2018, Firefighters First Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 316 originations. The 2nd most popular reason was Home Purchase, with 124 originations.
Loan Duration/Length
For 2018, Firefighters First Federal Credit Union's most frequently cited loan duration was 30 Year, with 375 originations. The 2nd most popular length was Other, with 62 originations.
Origination Fees/Closing Costs
Firefighters First Federal Credit Union's average total fees were $3,278, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 420 originations.
Interest Rates
During 2018, Firefighters First Federal Credit Union's average interest rate for loans was 3.98%, while their most frequently originated rate bucket for loans was 3-4%, with 239 originations.
Loan Sizing
2018 saw Firefighters First Federal Credit Union place emphasis on $200k-400k loans with 217 originations, totaling $65,125,000 in origination value.
Applicant Income
Firefighters First Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 188 originations. The second most popular income band? $150k-250k, with 171 originations.
Applicant Debt to Income Ratio
Firefighters First Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 104 originations. The next most common DTI ratio? 30-36%, with 85 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.52%
Firefighters First Federal Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination84.73%
Firefighters First Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 524 | $181,400,000 | $346,183 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 1 | $355,000 | $355,000 |
| Single Family (1-4 Units):Site-Built | 523 | $181,045,000 | $346,166 |