Listerhill Credit Union Mortgage Rates, Fees & InfoMuscle Shoals, AL
Tax ID: 63-0333902
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
Review & OverviewListerhill Credit Union is a smaller credit union specializing in Cash Out Refi, Home Purchase, and Refi loans. Listerhill Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Florence, Nashville, Huntsville, Cullman, and Lawrenceburg among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)
Listerhill Credit Union has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Listerhill Credit Union is typically an average 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.
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.
|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||7.00%||3/19/23|
|30 Year Conventional Refi||6.62%||3/19/23|
|30 Year Cash-out Refi||6.64%||3/19/23|
|30 Year VA Refi||6.27%||3/19/23|
|15 Year Conventional Purchase||6.49%||3/19/23|
|15 Year Conventional Refi||6.34%||3/19/23|
|15 Year Cash-out Refi||6.34%||3/19/23|
|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.|
Origination Dollar Volume (All Markets)$129,930,000
Listerhill Credit Union's average 30 year fixed mortgage rate was
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of 0.27%.
Relative Fees (Closing Costs)
Listerhill Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,022.
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 $4,750.
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|
|FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA)||488||$72,180,000||$147,910||$2,496||3.31%|
|NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA)||89||$23,445,000||$263,427||$3,125||3.47%|
|Outside of Metro Areas||120||$14,490,000||$120,750||$2,427||3.28%|
|HUNTSVILLE, AL (FHA|USDA|VA)||19||$4,085,000||$215,000||$2,947||3.40%|
|Cullman, AL (FHA|USDA|VA)||16||$3,090,000||$193,125||$2,832||3.23%|
|Lawrenceburg, TN (FHA|USDA|VA)||13||$2,805,000||$215,769||$2,737||3.52%|
|DECATUR, AL (FHA|USDA|VA)||19||$2,685,000||$141,316||$2,209||3.26%|
|CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA)||2||$1,520,000||$760,000||$9,306||3.56%|
|BIRMINGHAM-HOOVER, AL (FHA|USDA|VA)||7||$1,435,000||$205,000||$3,057||3.74%|
|PANAMA CITY, FL (FHA|USDA|VA)||1||$1,105,000||$1,105,000||$0||4.00%|
|Lewisburg, TN (FHA|USDA|VA)||3||$805,000||$268,333||$2,212||3.49%|
|DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA)||3||$615,000||$205,000||$3,775||3.04%|
|Corinth, MS (FHA|USDA|VA)||1||$335,000||$335,000||$4,673||3.25%|
|JACKSON, TN (FHA|USDA|VA)||1||$335,000||$335,000||$5,410||3.00%|
|GADSDEN, AL (FHA|USDA|VA)||1||$255,000||$255,000||$2,637||3.63%|
|Talladega-Sylacauga, AL (FHA|USDA|VA)||1||$195,000||$195,000||$0||3.63%|
|ST. LOUIS, MO-IL (FHA|USDA|VA)||1||$175,000||$175,000||$0||3.59%|
|Enterprise, AL (FHA|USDA|VA)||2||$160,000||$80,000||$3,003||3.37%|
|Tupelo, MS (FHA|USDA|VA)||2||$140,000||$70,000||$2,084||4.06%|
|CLARKSVILLE, TN-KY (FHA|USDA|VA)||1||$75,000||$75,000||$0||3.89%|
We use machine learning to identify the top lenders compared against Listerhill Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 43
Similarity Rank: 171
Similarity Rank: 336
Similarity Rank: 657
Similarity Rank: 680
Similarity Rank: 686
Similarity Rank: 725
Similarity Rank: 848
Similarity Rank: 952
Similarity Rank: 990
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2021, Listerhill Credit Union's most frequently originated type of loan was Conventional, with 756 originations. Their 2nd most popular type was HELOC, with 34 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||378||$54,750,000||$144,841||$2,614||3.25%|
For 2021, Listerhill Credit Union's most frequently cited loan purpose was Cash Out Refi, with 378 originations. The 2nd most popular reason was Home Purchase, with 228 originations.
For 2021, Listerhill Credit Union's most frequently cited loan duration was 30 Year, with 337 originations. The 2nd most popular length was 15 Year, with 135 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Listerhill Credit Union's average total fees were $3,022, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 385 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2021, Listerhill Credit Union's average interest rate for loans was 3.42%, while their most frequently originated rate bucket for loans was 3-4%, with 422 originations.
2021 saw Listerhill Credit Union place emphasis on $100,000 or less loans with 304 originations, totaling $18,400,000 in origination value.
Listerhill Credit Union lent most frequently to those with incomes in the $50k-75k range, with 187 originations. The second most popular income band? $50k or less, with 180 originations.
Applicant Debt to Income Ratio
Listerhill Credit Union lent most frequently to those with DTI ratios of 20-30%, with 216 originations. The next most common DTI ratio? 30-36%, with 152 originations.
Approval RatesTotal approvals of all applications
Listerhill Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Listerhill Credit Union has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|