City-county Credit Union Mortgage Rates, Fees & Info

SAINT PAUL, MN

LEI: 984500DB378C704F4610

Tax ID: 41-0191495

5 stars - out of 5 stars, based on 21 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

City-county Credit Union is a smaller credit union specializing in Refi, Cash Out Refi, and Home Purchase loans. City-county Credit Union has a high proportion of conventional loans. Their top markets include Minneapolis, Houston, Joplin, Albuquerque, and Denver among others. City-county Credit Union has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. City-county Credit Union is typically an average fee lendor.


Originations

424

Origination Dollar Volume (All Markets)

$93,710,000

Awards

CITY-COUNTY CREDIT UNION 30 Year Conventional Loans silver CITY-COUNTY CREDIT UNION 30 Year Conventional Loans gold
Show all (2) awards

Relative Rate

City-county Credit Union's average 30 year fixed rate mortgage of loans were 2.9%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.25%.

Relative Fees

City-county Credit Union's average total fees for a 30 year fixed rate mortgage are $4,644.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 317 $72,835,000 $229,763 $3,626 2.92%
Outside of Metro Areas 59 $7,885,000 $133,644 $1,685 3.36%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $1,785,000 $1,785,000 $0 3.00%
JOPLIN, MO (FHA|USDA|VA) 3 $1,075,000 $358,333 $0 2.50%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $970,000 $485,000 $0 3.13%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $675,000 $675,000 $0 2.88%
CEDAR RAPIDS, IA (FHA|USDA|VA) 2 $650,000 $325,000 $0 3.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $640,000 $160,000 $0 3.12%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $610,000 $305,000 $0 2.88%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $585,000 $585,000 $0 2.88%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 2 $530,000 $265,000 $825 3.93%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $505,000 $505,000 $0 2.75%
DULUTH, MN-WI (FHA|USDA|VA) 2 $470,000 $235,000 $0 3.00%
ROCKFORD, IL (FHA|USDA|VA) 3 $455,000 $151,667 $3,875 2.33%
Hannibal, MO (FHA|USDA|VA) 4 $430,000 $107,500 $0 3.28%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $410,000 $205,000 $0 2.94%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $375,000 $375,000 $0 2.25%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $345,000 $345,000 $0 2.13%
Red Wing, MN (FHA|USDA|VA) 1 $325,000 $325,000 $0 2.75%
Brainerd, MN (FHA|USDA|VA) 3 $325,000 $108,333 $3,705 2.63%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $285,000 $285,000 $0 3.13%
Traverse City, MI (FHA|USDA|VA) 1 $275,000 $275,000 $0 2.13%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $265,000 $265,000 $0 2.75%
PANAMA CITY, FL (FHA|USDA|VA) 2 $210,000 $105,000 $102 4.12%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $185,000 $185,000 $0 2.88%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $175,000 $175,000 $0 2.75%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.00%
Shelbyville, TN (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.49%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.75%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $55,000 $55,000 $102 4.74%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.00%

City-county Credit Union's top markets include Minneapolis, Houston, Joplin, Albuquerque, and Denver among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 424 $93,710,000 $221,014 $3,205 3.00%

For the 2021 period, City-county Credit Union's most frequently originated loan type of loans were Conventional, with 424 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 149 $31,265,000 $209,832 $3,980 2.73%
Cash Out Refi 112 $24,860,000 $221,964 $4,276 2.75%
Home Purchase 103 $34,035,000 $330,437 $5,170 2.81%
Home Improvement 44 $2,490,000 $56,591 $394 4.42%
Other 16 $1,060,000 $66,250 $477 4.45%

For the 2021, City-county Credit Union's most frequently cited loan purpose of loans were Refi, with 149 originations. The 2nd most popular reason of loans were Cash Out Refi, with 112 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 203 $57,895,000 $285,197 $4,644 2.90%
15 Year 103 $17,655,000 $171,408 $3,729 2.69%
20 Year 71 $14,475,000 $203,873 $2,294 3.32%
10 Year 43 $3,425,000 $79,651 $1,155 3.52%
5 Year 2 $50,000 $25,000 $102 4.12%
Other 2 $210,000 $105,000 $102 4.12%

For the 2021, City-county Credit Union's most frequently cited loan length of loans were 30 Year, with 203 originations. The 2nd most popular length of loans were 15 Year, with 103 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 89 $15,055,000 $169,157
$<1k 74 $9,150,000 $123,649
$2k-3k 74 $21,840,000 $295,135
$3k-4k 29 $13,835,000 $477,069
$5k+ 2 $2,270,000 $1,135,000

$4,644 of loans were City-county Credit Union's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 89 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 228 $61,190,000 $268,377
<2.5% 92 $19,280,000 $209,565
3-4% 68 $11,130,000 $163,676
4-5% 25 $1,455,000 $58,200
5-6% 10 $590,000 $59,000
6-7% 1 $65,000 $65,000

During 2021, City-county Credit Union's average interest rate of loans were 2.90%, while their most frequently originated rate bucket of loans were 2.5-3%, with 228 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 152 $41,750,000 $274,671 $4,921 2.79%
$100k-200k 146 $21,850,000 $149,658 $3,540 2.77%
$100,000 or less 79 $4,335,000 $54,873 $794 3.96%
$400k-600k 38 $18,220,000 $479,474 $6,572 2.71%
$600k-1MM 8 $5,770,000 $721,250 $0 2.88%
$1MM+ 1 $1,785,000 $1,785,000 $0 3.00%

2021 saw City-county Credit Union place emphasis on $200k-400k loans with 152 originations, totaling $41,750,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 100 $24,000,000 $240,000 $3,455 2.96%
$50k-75k 100 $17,210,000 $172,100 $3,172 2.92%
$75k-100k 97 $17,865,000 $184,175 $3,488 3.03%
$150k-250k 68 $20,140,000 $296,176 $2,371 3.10%
$50k or less 38 $4,440,000 $116,842 $3,218 2.85%
$250k+ 18 $9,390,000 $521,667 $3,264 3.24%

City-county Credit Union lent most frequently to those with incomes in the $100k-150k range, with 100 originations. The second most popular income band? $50k-75k, with 100 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 136 $28,780,000 $211,618 $2,834 2.95%
30-36% 80 $20,160,000 $252,000 $3,312 3.09%
<20% 55 $10,655,000 $193,727 $2,694 2.99%
37% 19 $4,515,000 $237,632 $3,746 2.87%
41% 16 $3,790,000 $236,875 $4,660 2.87%
36% 16 $3,910,000 $244,375 $4,754 2.83%
38% 14 $2,410,000 $172,143 $3,186 2.97%
43% 14 $2,690,000 $192,143 $3,496 2.89%
39% 14 $3,170,000 $226,429 $2,974 3.50%
44% 12 $2,460,000 $205,000 $3,964 2.80%
42% 10 $2,460,000 $246,000 $3,242 3.16%
40% 8 $1,860,000 $232,500 $4,028 2.97%
45% 7 $2,015,000 $287,857 $3,885 3.11%
47% 6 $1,320,000 $220,000 $3,758 2.92%
48% 5 $1,475,000 $295,000 $5,940 2.68%
46% 4 $490,000 $122,500 $2,692 3.62%
50-60% 4 $540,000 $135,000 $2,427 3.06%
49% 1 $225,000 $225,000 $0 2.75%
>60% 1 $535,000 $535,000 $0 2.25%

City-county Credit Union lent most frequently to those with DTI ratios of 20-30%, with 136 originations. The next most common DTI ratio? 30-36%, with 80 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 330 $71,090,000 $215,424 $3,107 2.99%
Not provided 51 $12,885,000 $252,647 $3,630 2.94%
Asian 18 $4,530,000 $251,667 $4,735 2.81%
Black 19 $3,865,000 $203,421 $2,856 3.46%
Asian Indian 2 $850,000 $425,000 $550 3.87%
American Indian 2 $260,000 $130,000 $0 2.25%
Native Hawaiian 1 $145,000 $145,000 $0 2.50%
Not applicable 1 $85,000 $85,000 $0 3.49%

Approval Rates

Total approvals of all applications
83.26%

City-county Credit Union has a below average approval rate.

Pick Rate

Approvals leading to origination
55.13%

City-county Credit Union 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
10131.5 1 $715,000 $715,000
10205.0 1 $605,000 $605,000
10583.75 1 $375,000 $375,000
11062.57 1 $405,000 $405,000
13974.05 1 $1,785,000 $1,785,000
16182.29 1 $935,000 $935,000
3017.0 1 $105,000 $105,000
3062.0 1 $105,000 $105,000
3105.25 1 $115,000 $115,000
3236.5 1 $85,000 $85,000
3248.0 1 $125,000 $125,000
3295.0 1 $315,000 $315,000
3310.0 1 $455,000 $455,000
3325.0 1 $185,000 $185,000
3417.09 1 $265,000 $265,000
3464.0 1 $185,000 $185,000
3659.0 1 $105,000 $105,000
3978.4 1 $175,000 $175,000
3989.5 1 $155,000 $155,000
4098.8 1 $545,000 $545,000
4131.5 1 $155,000 $155,000
4143.94 1 $195,000 $195,000
4149.8 1 $195,000 $195,000
4150.0 1 $425,000 $425,000
4159.5 1 $175,000 $175,000
4181.6 1 $145,000 $145,000
4194.0 1 $165,000 $165,000
4209.25 1 $75,000 $75,000
4237.05 1 $115,000 $115,000
4265.0 1 $145,000 $145,000
4314.7 1 $165,000 $165,000
4359.7 1 $205,000 $205,000
4420.0 1 $225,000 $225,000
4429.0 1 $225,000 $225,000
4462.6 1 $225,000 $225,000
4589.0 2 $430,000 $215,000
4660.8 1 $225,000 $225,000
4688.25 1 $175,000 $175,000
4702.43 1 $225,000 $225,000
4710.65 1 $355,000 $355,000
4763.0 1 $185,000 $185,000
4790.25 1 $185,000 $185,000
4794.0 1 $245,000 $245,000
4846.25 1 $215,000 $215,000
4897.53 1 $175,000 $175,000
4899.75 1 $255,000 $255,000
4900.25 1 $135,000 $135,000
4921.4 1 $215,000 $215,000
4937.4 1 $215,000 $215,000
5010.69 1 $265,000 $265,000
5055.0 1 $275,000 $275,000
5073.4 1 $125,000 $125,000
5129.2 1 $275,000 $275,000
5160.25 1 $265,000 $265,000
5171.3 1 $225,000 $225,000
5173.15 1 $525,000 $525,000
5193.28 1 $315,000 $315,000
5264.13 1 $465,000 $465,000
5265.0 1 $245,000 $245,000
5280.0 1 $395,000 $395,000
5287.0 1 $285,000 $285,000
5306.5 1 $385,000 $385,000
5370.15 1 $485,000 $485,000
5409.9 1 $275,000 $275,000
5413.35 1 $295,000 $295,000
5446.5 1 $305,000 $305,000
5534.0 1 $305,000 $305,000
5620.8 1 $355,000 $355,000
5650.0 1 $285,000 $285,000
5651.34 1 $315,000 $315,000
5705.0 1 $785,000 $785,000
5973.25 1 $585,000 $585,000
5976.5 1 $305,000 $305,000
6098.5 1 $265,000 $265,000
6199.84 1 $195,000 $195,000
6314.0 1 $285,000 $285,000
6371.75 1 $145,000 $145,000
6376.0 1 $385,000 $385,000
6394.0 1 $225,000 $225,000
6503.35 1 $315,000 $315,000
6598.5 1 $465,000 $465,000
6688.25 1 $235,000 $235,000
6694.0 1 $535,000 $535,000
6797.0 1 $225,000 $225,000
6869.95 1 $275,000 $275,000
6986.87 1 $285,000 $285,000
7018.0 1 $525,000 $525,000
7199.9 1 $415,000 $415,000
7385.4 1 $415,000 $415,000
7471.5 1 $545,000 $545,000
7478.26 1 $495,000 $495,000
7503.05 1 $435,000 $435,000
7548.0 1 $435,000 $435,000
7566.0 1 $645,000 $645,000
7752.4 1 $385,000 $385,000
7759.8 1 $675,000 $675,000
8192.0 1 $395,000 $395,000
8202.05 1 $545,000 $545,000
8209.0 1 $505,000 $505,000
8276.0 1 $365,000 $365,000
8426.4 1 $375,000 $375,000
8465.28 1 $345,000 $345,000
8587.5 1 $525,000 $525,000
8640.0 1 $455,000 $455,000
8658.3 1 $705,000 $705,000
8658.5 1 $155,000 $155,000
8673.0 1 $435,000 $435,000
8712.0 1 $705,000 $705,000
8856.0 1 $435,000 $435,000
9659.76 1 $545,000 $545,000
9879.43 1 $455,000 $455,000
NA 312 $55,810,000 $178,878

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
424 $93,710,000 $221,014

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 43 $4,845,000 $112,674 $2,325 2.89%
40-60% 85 $17,195,000 $202,294 $3,693 2.66%
60-80% 157 $42,725,000 $272,134 $4,492 2.86%
80-100% 86 $25,940,000 $301,628 $5,159 2.84%
Under 20% 50 $2,290,000 $45,800 $383 4.37%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 54 15.6%
CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 22 6.3%
CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Improper use of your report 1 0.3%
CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 6 1.7%
CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 3 0.9%
CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 27 7.8%
CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 116 33.4%
CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 7 2.0%
CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 4 1.2%
CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 15 4.3%
CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 19 5.5%
CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 7 2.0%
CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 4 1.2%
CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Incorrect information on your report 2 0.6%
CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 2 0.6%
CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 27 7.8%
CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 5 1.4%
CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 3 0.9%
CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Improper use of your report 1 0.3%
CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Incorrect information on your report 1 0.3%
CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 3 0.9%
CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 13 3.7%
CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 2 0.6%
CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 3 0.9%