Deere Employees Credit Union Mortgage Rates, Fees & Info

Moline, IL

LEI: 254900378RFGMBEKAF12

Tax ID: 36-2472059

5 stars - Updated: 5/14/24 - out of 5 stars, based on 46 reviews

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

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Mortgage Data

Review & Overview

Deere Employees Credit Union is a smaller credit union specializing in Home Purchase loans. Deere Employees Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Davenport, Portland, Des Moines, Waterloo, and Kansas City among others. We have data for 295 markets. (Some data included below & more in-depth data is available with an active subscription.)

Deere Employees 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. Deere Employees 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) 6.41% 5/14/24
30 Year Conventional Purchase 6.22% 5/14/24
30 Year Conventional Refi 6.19% 5/14/24
30 Year Cash-out Refi 6.27% 5/14/24
15 Year Conventional Purchase 5.47% 5/14/24
15 Year Conventional Refi 5.70% 5/14/24
15 Year Cash-out Refi 5.70% 5/14/24
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.

Deere Employees Credit Union Mortgage Calculator






Your Estimates

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

This is not an official calculator from Deere Employees 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

2,129

Origination Dollar Volume (All Markets)

$339,885,000
Show all (20) awards

Relative Rate

Deere Employees Credit Union's average 30 year fixed mortgage rate was 6.17%.

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

This yields a difference of -0.31%.

Relative Fees (Closing Costs)

Deere Employees Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $3,403.

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
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 381 $52,525,000 $137,861 $2,128 6.94%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 236 $36,340,000 $153,983 $2,039 6.97%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 159 $32,665,000 $205,440 $2,426 6.71%
Outside of Metro Areas 211 $26,185,000 $124,100 $2,526 6.99%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 134 $15,480,000 $115,522 $2,077 7.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 52 $9,210,000 $177,115 $2,228 6.93%
RALEIGH-CARY, NC (FHA|USDA|VA) 39 $8,895,000 $228,077 $3,394 6.89%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 24 $7,960,000 $331,667 $4,923 6.24%
DUBUQUE, IA (FHA|USDA|VA) 43 $6,075,000 $141,279 $2,817 6.86%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 30 $5,040,000 $168,000 $4,427 6.85%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 18 $4,990,000 $277,222 $3,799 7.01%
FARGO, ND-MN (FHA|USDA|VA) 28 $4,190,000 $149,643 $2,441 7.16%
BANGOR, ME (FHA|USDA|VA) 32 $3,990,000 $124,688 $2,390 7.05%
Beaver Dam, WI (FHA|USDA|VA) 30 $3,810,000 $127,000 $2,705 7.06%
SPRINGFIELD, MO (FHA|USDA|VA) 23 $3,375,000 $146,739 $2,280 6.38%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 17 $3,285,000 $193,235 $2,504 6.77%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 7 $2,955,000 $422,143 $7,405 6.44%
AMES, IA (FHA|USDA|VA) 19 $2,865,000 $150,789 $2,525 6.87%
WINSTON-SALEM, NC (FHA|USDA|VA) 21 $2,715,000 $129,286 $3,005 6.89%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 10 $2,570,000 $257,000 $3,352 6.30%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 14 $2,480,000 $177,143 $1,888 7.58%
Ottumwa, IA (FHA|USDA|VA) 26 $2,470,000 $95,000 $1,927 7.35%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 10 $2,200,000 $220,000 $3,982 7.16%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 10 $1,990,000 $199,000 $3,056 6.89%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 10 $1,980,000 $198,000 $3,803 7.51%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $1,870,000 $935,000 $5,477 5.68%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $1,770,000 $221,250 $4,070 5.97%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 8 $1,750,000 $218,750 $4,083 6.89%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $1,730,000 $432,500 $8,368 5.72%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $1,645,000 $329,000 $6,013 6.22%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $1,635,000 $327,000 $5,059 6.35%
CEDAR RAPIDS, IA (FHA|USDA|VA) 8 $1,610,000 $201,250 $2,840 6.59%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 10 $1,570,000 $157,000 $3,240 6.92%
Platteville, WI (FHA|USDA|VA) 9 $1,565,000 $173,889 $2,534 6.82%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,325,000 $265,000 $4,895 7.10%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 3 $1,305,000 $435,000 $3,474 6.91%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $1,255,000 $418,333 $4,682 6.08%
MADISON, WI (FHA|USDA|VA) 5 $1,195,000 $239,000 $2,399 5.77%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 4 $1,180,000 $295,000 $2,626 5.78%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,120,000 $280,000 $7,562 7.72%
Heber, UT (FHA|USDA|VA) 2 $1,110,000 $555,000 $3,693 5.63%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 5 $1,085,000 $217,000 $2,147 6.70%
Brainerd, MN (FHA|USDA|VA) 3 $995,000 $331,667 $3,519 6.04%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 5 $995,000 $199,000 $4,502 7.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $995,000 $331,667 $6,583 6.08%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $980,000 $245,000 $2,522 6.93%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $945,000 $315,000 $4,787 7.09%
ASHEVILLE, NC (FHA|USDA|VA) 2 $910,000 $455,000 $3,422 6.50%
WACO, TX (FHA|USDA|VA) 3 $865,000 $288,333 $6,507 7.08%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 13 $835,000 $64,231 $395 7.19%
Coffeyville, KS (FHA|USDA|VA) 7 $815,000 $116,429 $3,854 6.53%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $810,000 $405,000 $3,160 6.56%
MANHATTAN, KS (FHA|USDA|VA) 3 $795,000 $265,000 $3,340 6.91%
FAYETTEVILLE, NC (FHA|USDA|VA) 4 $780,000 $195,000 $3,291 7.69%
TOPEKA, KS (FHA|USDA|VA) 3 $775,000 $258,333 $2,818 6.13%
Muscatine, IA (FHA|USDA|VA) 5 $765,000 $153,000 $2,457 6.92%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $750,000 $375,000 $6,182 6.13%
LAWRENCE, KS (FHA|USDA|VA) 2 $740,000 $370,000 $3,411 6.43%
Greeneville, TN (FHA|USDA|VA) 7 $735,000 $105,000 $2,331 7.30%
RICHMOND, VA (FHA|USDA|VA) 3 $705,000 $235,000 $3,286 6.04%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $705,000 $705,000 $7,628 4.99%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $700,000 $175,000 $3,776 7.12%
BATON ROUGE, LA (FHA|USDA|VA) 5 $695,000 $139,000 $2,679 7.75%
WICHITA, KS (FHA|USDA|VA) 4 $690,000 $172,500 $2,844 6.65%
LINCOLN, NE (FHA|USDA|VA) 4 $690,000 $172,500 $3,072 7.16%
Clinton, IA (FHA|USDA|VA) 5 $675,000 $135,000 $1,888 6.57%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $635,000 $211,667 $5,010 6.16%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $615,000 $205,000 $4,404 7.05%
Athens, TX (FHA|USDA|VA) 2 $600,000 $300,000 $5,820 6.76%
Watertown, SD (FHA|USDA|VA) 3 $595,000 $198,333 $3,101 6.25%
Hastings, NE (FHA|USDA|VA) 3 $585,000 $195,000 $2,663 7.00%
Augusta-Waterville, ME (FHA|USDA|VA) 4 $580,000 $145,000 $2,376 6.93%
JACKSON, TN (FHA|USDA|VA) 3 $555,000 $185,000 $3,861 6.41%
JOPLIN, MO (FHA|USDA|VA) 3 $545,000 $181,667 $2,464 6.54%
FORT COLLINS, CO (FHA|USDA|VA) 1 $545,000 $545,000 $5,122 6.88%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $540,000 $270,000 $3,420 6.43%
COLUMBIA, SC (FHA|USDA|VA) 3 $535,000 $178,333 $2,726 5.70%
Morehead City, NC (FHA|USDA|VA) 2 $530,000 $265,000 $3,993 7.25%
Sanford, NC (FHA|USDA|VA) 2 $530,000 $265,000 $3,526 6.75%
PEORIA, IL (FHA|USDA|VA) 3 $515,000 $171,667 $2,478 5.62%
Carroll, IA (FHA|USDA|VA) 1 $515,000 $515,000 $3,638 5.63%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $515,000 $171,667 $3,411 6.66%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $500,000 $125,000 $2,851 6.65%
SIOUX FALLS, SD (FHA|USDA|VA) 2 $500,000 $250,000 $2,355 7.31%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $500,000 $250,000 $2,918 6.00%
Albemarle, NC (FHA|USDA|VA) 3 $485,000 $161,667 $3,563 6.46%
KNOXVILLE, TN (FHA|USDA|VA) 2 $480,000 $240,000 $3,300 7.13%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $480,000 $240,000 $2,755 5.88%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $465,000 $465,000 $5,100 6.38%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 3 $465,000 $155,000 $5,112 6.95%
Uvalde, TX (FHA|USDA|VA) 1 $465,000 $465,000 $4,795 6.75%
Spirit Lake, IA (FHA|USDA|VA) 1 $465,000 $465,000 $4,119 6.50%
Garden City, KS (FHA|USDA|VA) 4 $460,000 $115,000 $2,307 8.01%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $455,000 $455,000 $4,085 5.75%
Mason City, IA (FHA|USDA|VA) 2 $450,000 $225,000 $3,258 6.88%
Kearney, NE (FHA|USDA|VA) 2 $450,000 $225,000 $2,298 6.62%
Rochelle, IL (FHA|USDA|VA) 2 $450,000 $225,000 $5,155 7.45%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $445,000 $445,000 $4,163 7.00%
JACKSON, MS (FHA|USDA|VA) 3 $445,000 $148,333 $2,395 7.37%
AMARILLO, TX (FHA|USDA|VA) 1 $445,000 $445,000 $4,585 7.13%
CHEYENNE, WY (FHA|USDA|VA) 1 $435,000 $435,000 $3,142 6.00%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $435,000 $435,000 $2,617 5.63%
ROANOKE, VA (FHA|USDA|VA) 2 $430,000 $215,000 $3,181 5.31%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $425,000 $141,667 $4,721 5.96%
BURLINGTON, NC (FHA|USDA|VA) 3 $425,000 $141,667 $1,815 7.01%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $425,000 $425,000 $4,059 6.63%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $420,000 $210,000 $1,479 6.31%
ROCHESTER, MN (FHA|USDA|VA) 2 $420,000 $210,000 $2,807 6.19%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $415,000 $138,333 $0 7.82%
Fergus Falls, MN (FHA|USDA|VA) 3 $405,000 $135,000 $1,286 7.20%
Spencer, IA (FHA|USDA|VA) 2 $400,000 $200,000 $3,106 5.93%
Dixon, IL (FHA|USDA|VA) 2 $400,000 $200,000 $2,940 5.87%
LANCASTER, PA (FHA|USDA|VA) 2 $400,000 $200,000 $3,865 4.49%
IOWA CITY, IA (FHA|USDA|VA) 2 $400,000 $200,000 $1,233 7.87%
GAINESVILLE, GA (FHA|USDA|VA) 1 $395,000 $395,000 $3,726 6.38%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $395,000 $395,000 $5,217 6.25%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $390,000 $195,000 $3,050 7.31%
TULSA, OK (FHA|USDA|VA) 3 $385,000 $128,333 $2,581 6.16%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $380,000 $190,000 $4,482 7.00%
MIDLAND, MI (FHA|USDA|VA) 1 $375,000 $375,000 $4,288 6.38%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $370,000 $185,000 $4,049 6.00%
Ellensburg, WA (FHA|USDA|VA) 2 $370,000 $185,000 $395 6.50%
Austin, MN (FHA|USDA|VA) 3 $365,000 $121,667 $2,497 7.46%
LAREDO, TX (FHA|USDA|VA) 2 $360,000 $180,000 $2,417 6.31%
Stevens Point, WI (FHA|USDA|VA) 1 $355,000 $355,000 $3,559 5.75%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $350,000 $175,000 $1,637 6.87%
Burley, ID (FHA|USDA|VA) 1 $345,000 $345,000 $4,792 5.88%
Oskaloosa, IA (FHA|USDA|VA) 4 $340,000 $85,000 $3,574 6.71%
BOISE CITY, ID (FHA|USDA|VA) 2 $320,000 $160,000 $0 6.74%
JONESBORO, AR (FHA|USDA|VA) 2 $320,000 $160,000 $3,291 6.75%
Seneca, SC (FHA|USDA|VA) 1 $315,000 $315,000 $3,725 6.75%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $300,000 $150,000 $1,806 6.56%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $300,000 $150,000 $0 9.19%
Greenwood, MS (FHA|USDA|VA) 2 $300,000 $150,000 $3,896 7.51%
SPRINGFIELD, IL (FHA|USDA|VA) 2 $300,000 $150,000 $2,949 7.12%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $295,000 $295,000 $3,103 6.75%
Quincy, IL-MO (FHA|USDA|VA) 1 $295,000 $295,000 $2,666 6.50%
Hannibal, MO (FHA|USDA|VA) 3 $295,000 $98,333 $2,458 7.13%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $290,000 $145,000 $3,365 6.25%
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 2 $290,000 $145,000 $2,750 6.68%
BLOOMINGTON, IL (FHA|USDA|VA) 2 $290,000 $145,000 $4,136 5.93%
SPARTANBURG, SC (FHA|USDA|VA) 4 $290,000 $72,500 $1,679 5.31%
Sterling, IL (FHA|USDA|VA) 7 $285,000 $40,714 $1,247 8.00%
RENO, NV (FHA|USDA|VA) 1 $275,000 $275,000 $3,493 6.63%
Washington, NC (FHA|USDA|VA) 1 $275,000 $275,000 $3,394 7.25%
FOND DU LAC, WI (FHA|USDA|VA) 2 $270,000 $135,000 $0 7.82%
CHARLESTON, WV (FHA|USDA|VA) 1 $265,000 $265,000 $4,233 6.25%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 3 $255,000 $85,000 $2,967 6.24%
Galesburg, IL (FHA|USDA|VA) 5 $255,000 $51,000 $2,509 6.95%
COLUMBUS, OH (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.24%
Paragould, AR (FHA|USDA|VA) 2 $250,000 $125,000 $1,565 6.00%
Huron, SD (FHA|USDA|VA) 2 $250,000 $125,000 $3,916 7.18%
Marquette, MI (FHA|USDA|VA) 1 $245,000 $245,000 $3,276 4.88%
Lumberton, NC (FHA|USDA|VA) 1 $245,000 $245,000 $3,118 5.38%
IDAHO FALLS, ID (FHA|USDA|VA) 2 $240,000 $120,000 $0 7.07%
Wahpeton, ND-MN (FHA|USDA|VA) 3 $235,000 $78,333 $3,039 7.20%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $225,000 $225,000 $2,660 5.13%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $225,000 $225,000 $0 7.99%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $225,000 $225,000 $4,810 6.88%
Martinsville, VA (FHA|USDA|VA) 2 $220,000 $110,000 $3,055 7.18%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $215,000 $215,000 $3,636 6.63%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $215,000 $215,000 $3,728 6.38%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $215,000 $215,000 $4,297 7.63%
Hutchinson, MN (FHA|USDA|VA) 1 $215,000 $215,000 $3,590 6.50%
Burlington, IA-IL (FHA|USDA|VA) 2 $210,000 $105,000 $3,115 6.37%
ROCHESTER, NY (FHA|USDA|VA) 2 $210,000 $105,000 $2,977 6.43%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $205,000 $205,000 $0 6.49%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $205,000 $205,000 $3,621 4.99%
Brownsville, TN (FHA|USDA|VA) 2 $200,000 $100,000 $2,636 6.68%
GRAND ISLAND, NE (FHA|USDA|VA) 1 $195,000 $195,000 $2,992 6.75%
OCALA, FL (FHA|USDA|VA) 1 $185,000 $185,000 $4,407 7.00%
Fort Dodge, IA (FHA|USDA|VA) 3 $185,000 $61,667 $395 6.95%
PINE BLUFF, AR (FHA|USDA|VA) 2 $180,000 $90,000 $3,020 7.13%
Traverse City, MI (FHA|USDA|VA) 2 $180,000 $90,000 $395 8.19%
ST. CLOUD, MN (FHA|USDA|VA) 1 $175,000 $175,000 $2,934 7.25%
New Castle, PA (FHA|USDA|VA) 1 $175,000 $175,000 $4,741 6.88%
WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $170,000 $85,000 $1,311 6.18%
Chillicothe, OH (FHA|USDA|VA) 1 $165,000 $165,000 $2,186 5.50%
Paris, TX (FHA|USDA|VA) 1 $165,000 $165,000 $6,745 5.63%
Alpena, MI (FHA|USDA|VA) 1 $165,000 $165,000 $3,388 5.50%
SAN ANGELO, TX (FHA|USDA|VA) 2 $160,000 $80,000 $2,172 7.18%
Vincennes, IN (FHA|USDA|VA) 2 $160,000 $80,000 $1,506 7.62%
Lexington, NE (FHA|USDA|VA) 1 $155,000 $155,000 $2,966 5.63%
Union, SC (FHA|USDA|VA) 1 $155,000 $155,000 $3,338 6.50%
Pittsburg, KS (FHA|USDA|VA) 2 $150,000 $75,000 $3,141 7.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,422 6.38%
Freeport, IL (FHA|USDA|VA) 1 $145,000 $145,000 $3,053 6.38%
Jasper, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,593 7.50%
Martin, TN (FHA|USDA|VA) 1 $145,000 $145,000 $3,366 6.88%
Jacksonville, IL (FHA|USDA|VA) 2 $140,000 $70,000 $0 8.52%
Meridian, MS (FHA|USDA|VA) 1 $135,000 $135,000 $4,365 6.50%
Maryville, MO (FHA|USDA|VA) 1 $135,000 $135,000 $0 9.64%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $135,000 $135,000 $0 7.24%
Hillsdale, MI (FHA|USDA|VA) 2 $130,000 $65,000 $1,607 7.62%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $125,000 $125,000 $0 7.49%
Hutchinson, KS (FHA|USDA|VA) 1 $125,000 $125,000 $3,158 6.25%
Winfield, KS (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.99%
LONGVIEW, TX (FHA|USDA|VA) 1 $125,000 $125,000 $4,293 6.13%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 2 $120,000 $60,000 $0 7.74%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $115,000 $115,000 $3,404 6.38%
Gaffney, SC (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.99%
ITHACA, NY (FHA|USDA|VA) 1 $115,000 $115,000 $4,731 5.63%
TWIN FALLS, ID (FHA|USDA|VA) 2 $110,000 $55,000 $395 8.12%
ROCKFORD, IL (FHA|USDA|VA) 2 $110,000 $55,000 $0 8.39%
TOLEDO, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.49%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.49%
WENATCHEE, WA (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.49%
Warsaw, IN (FHA|USDA|VA) 1 $105,000 $105,000 $2,640 5.63%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.39%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $105,000 $105,000 $395 6.24%
EL PASO, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.49%
Riverton, WY (FHA|USDA|VA) 1 $105,000 $105,000 $395 6.24%
ROME, GA (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.74%
Houghton, MI (FHA|USDA|VA) 1 $105,000 $105,000 $2,715 5.25%
Somerset, KY (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.49%
Fairfield, IA (FHA|USDA|VA) 2 $100,000 $50,000 $395 6.37%
GREELEY, CO (FHA|USDA|VA) 2 $100,000 $50,000 $395 7.37%
LAFAYETTE, LA (FHA|USDA|VA) 2 $100,000 $50,000 $395 8.49%
KANKAKEE, IL (FHA|USDA|VA) 1 $95,000 $95,000 $0 8.39%
Muskogee, OK (FHA|USDA|VA) 1 $95,000 $95,000 $5,563 5.50%
Whitewater, WI (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.99%
BILLINGS, MT (FHA|USDA|VA) 1 $95,000 $95,000 $0 8.39%
Weatherford, OK (FHA|USDA|VA) 3 $95,000 $31,667 $395 7.79%
WINCHESTER, VA-WV (FHA|USDA|VA) 2 $90,000 $45,000 $395 8.87%
YAKIMA, WA (FHA|USDA|VA) 1 $85,000 $85,000 $0 8.99%
St. Marys, GA (FHA|USDA|VA) 1 $85,000 $85,000 $0 6.74%
Jamestown, ND (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.50%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $85,000 $85,000 $395 6.24%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.49%
Van Wert, OH (FHA|USDA|VA) 2 $80,000 $40,000 $0 7.99%
Kinston, NC (FHA|USDA|VA) 1 $75,000 $75,000 $2,996 5.38%
LAS CRUCES, NM (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.49%
YUBA CITY, CA (FHA|USDA|VA) 1 $75,000 $75,000 $395 7.99%
Blackfoot, ID (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.24%
Tifton, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.39%
Alma, MI (FHA|USDA|VA) 1 $75,000 $75,000 $2,642 6.25%
Angola, IN (FHA|USDA|VA) 1 $75,000 $75,000 $0 7.99%
VICTORIA, TX (FHA|USDA|VA) 1 $75,000 $75,000 $2,961 4.88%
West Plains, MO (FHA|USDA|VA) 1 $65,000 $65,000 $395 6.49%
Cullowhee, NC (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.49%
MANKATO, MN (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.24%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.99%
FRESNO, CA (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.49%
YUMA, AZ (FHA|USDA|VA) 1 $65,000 $65,000 $395 8.49%
Ottawa, IL (FHA|USDA|VA) 2 $60,000 $30,000 $0 7.37%
Rockingham, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.39%
North Wilkesboro, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.39%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $55,000 $55,000 $3,631 6.00%
Winona, MN (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.99%
WILMINGTON, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.99%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.49%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $55,000 $55,000 $395 6.49%
Shelby, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.39%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.39%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $55,000 $55,000 $395 8.99%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.24%
Baraboo, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.49%
GREEN BAY, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.99%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.99%
MUSKEGON, MI (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.39%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $55,000 $55,000 $395 8.49%
Lebanon, NH-VT (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.24%
Madisonville, KY (FHA|USDA|VA) 1 $45,000 $45,000 $395 7.99%
LUBBOCK, TX (FHA|USDA|VA) 1 $45,000 $45,000 $395 6.99%
McAlester, OK (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.74%
Williston, ND (FHA|USDA|VA) 1 $45,000 $45,000 $395 7.99%
Natchez, MS-LA (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.99%
Natchitoches, LA (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.24%
Murray, KY (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.39%
HATTIESBURG, MS (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.39%
Ada, OK (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.24%
BINGHAMTON, NY (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.49%
MOBILE, AL (FHA|USDA|VA) 1 $35,000 $35,000 $0 9.49%
Cambridge, OH (FHA|USDA|VA) 1 $35,000 $35,000 $395 6.49%
ENID, OK (FHA|USDA|VA) 1 $35,000 $35,000 $395 5.99%
Mount Airy, NC (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.74%
Scottsbluff, NE (FHA|USDA|VA) 1 $35,000 $35,000 $395 7.99%
Kennett, MO (FHA|USDA|VA) 1 $35,000 $35,000 $395 7.24%
Branson, MO (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.49%
Great Bend, KS (FHA|USDA|VA) 1 $25,000 $25,000 $0 7.99%
Elizabeth City, NC (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.99%
Norfolk, NE (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.99%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.24%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $25,000 $25,000 $395 6.49%
Mayfield, KY (FHA|USDA|VA) 1 $25,000 $25,000 $395 6.24%
Shawnee, OK (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.24%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.39%
ABILENE, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 7.49%
Laconia, NH (FHA|USDA|VA) 1 $25,000 $25,000 $395 7.24%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $15,000 $15,000 $0 7.49%
Beatrice, NE (FHA|USDA|VA) 1 $15,000 $15,000 $0 6.74%
Marshalltown, IA (FHA|USDA|VA) 1 $15,000 $15,000 $395 6.74%
Auburn, IN (FHA|USDA|VA) 1 $15,000 $15,000 $0 8.39%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $15,000 $15,000 $0 8.49%
GAINESVILLE, FL (FHA|USDA|VA) 1 $15,000 $15,000 $395 7.99%
Deere Employees Credit Union's top markets include Davenport, Portland, Des Moines, Waterloo, and Kansas City among others.

Their top states include:
  • Iowa (FHA|USDA|VA)
  • Maine (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,195 $256,075,000 $214,289 $2,619 6.42%
    HELOC 934 $83,810,000 $89,732 n/a 7.53%

    For 2023, Deere Employees Credit Union's most frequently originated type of loan was Conventional, with 1,195 originations. Their 2nd most popular type was HELOC, with 934 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 874 $217,480,000 $248,833 $3,298 6.40%
    Cash Out Refi 418 $55,030,000 $131,651 $2,263 7.04%
    Home Improvement 391 $27,955,000 $71,496 $395 7.44%
    Other 303 $22,185,000 $73,218 $757 7.44%
    Refi 143 $17,235,000 $120,524 $2,011 7.05%

    For 2023, Deere Employees Credit Union's most frequently cited loan purpose was Home Purchase, with 874 originations. The 2nd most popular reason was Cash Out Refi, with 418 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 934 $83,810,000 $89,732 $0 7.53%
    30 Year 784 $220,250,000 $280,931 $3,403 6.17%
    10 Year 296 $14,720,000 $49,730 $388 7.26%
    15 Year 90 $15,940,000 $177,111 $2,995 5.93%
    20 Year 25 $5,165,000 $206,600 $3,439 6.24%

    For 2023, Deere Employees Credit Union's most frequently cited loan duration was Other, with 934 originations. The 2nd most popular length was 30 Year, with 784 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 821 $166,495,000 $202,795
    $1k-2k 273 $63,175,000 $231,410
    $2k-3k 45 $12,005,000 $266,778
    $3k-4k 14 $4,240,000 $302,857
    $5k+ 12 $4,710,000 $392,500
    $4k-5k 6 $1,890,000 $315,000

    Deere Employees Credit Union's average total fees were $3,403, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 821 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 713 $119,745,000 $167,945
    7-8% 565 $60,945,000 $107,867
    5-6% 463 $115,115,000 $248,629
    Over 8% 334 $27,550,000 $82,485
    4-5% 43 $13,225,000 $307,558
    2.5-3% 4 $930,000 $232,500
    <2.5% 4 $1,450,000 $362,500
    3-4% 3 $925,000 $308,333

    During 2023, Deere Employees Credit Union's average interest rate for loans was 6.17%, while their most frequently originated rate bucket for loans was 6-7%, with 713 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 975 $49,945,000 $51,226 $946 7.38%
    $100k-200k 507 $71,955,000 $141,923 $2,800 6.80%
    $200k-400k 491 $135,755,000 $276,487 $3,250 6.38%
    $400k-600k 126 $58,800,000 $466,667 $4,279 6.05%
    $600k-1MM 27 $19,465,000 $720,926 $5,107 5.87%
    $1MM+ 3 $3,965,000 $1,321,667 $5,818 5.46%

    2023 saw Deere Employees Credit Union place emphasis on $100,000 or less loans with 975 originations, totaling $49,945,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 643 $104,135,000 $161,952 $2,525 6.93%
    $150k-250k 424 $90,600,000 $213,679 $3,139 6.78%
    $75k-100k 392 $50,360,000 $128,469 $2,397 6.96%
    $50k-75k 388 $36,670,000 $94,510 $2,239 6.97%
    $250k+ 145 $46,795,000 $322,724 $3,740 6.79%
    $50k or less 111 $7,575,000 $68,243 $2,058 7.02%

    Deere Employees Credit Union lent most frequently to those with incomes in the $100k-150k range, with 643 originations. The second most popular income band? $150k-250k, with 424 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 463 $75,315,000 $162,667 $2,709 6.76%
    30-36% 347 $61,565,000 $177,421 $2,945 6.80%
    <20% 181 $26,395,000 $145,829 $2,562 6.81%
    49% 116 $14,980,000 $129,138 $2,231 7.45%
    36% 87 $13,315,000 $153,046 $2,331 6.75%
    48% 84 $11,560,000 $137,619 $1,873 7.21%
    46% 84 $13,310,000 $158,452 $2,233 7.04%
    37% 82 $13,860,000 $169,024 $2,617 6.87%
    38% 82 $13,160,000 $160,488 $2,572 6.88%
    43% 76 $14,970,000 $196,974 $3,195 6.87%
    40% 73 $10,165,000 $139,247 $2,231 7.07%
    44% 73 $13,405,000 $183,630 $2,920 6.65%
    39% 69 $11,115,000 $161,087 $2,750 6.81%
    45% 67 $9,365,000 $139,776 $2,631 7.37%
    41% 66 $10,370,000 $157,121 $2,472 6.99%
    47% 65 $10,545,000 $162,231 $2,759 7.03%
    42% 56 $10,350,000 $184,821 $2,814 6.90%
    50-60% 43 $4,245,000 $98,721 $1,704 7.47%
    >60% 15 $1,895,000 $126,333 $1,049 6.54%

    Deere Employees Credit Union lent most frequently to those with DTI ratios of 20-30%, with 463 originations. The next most common DTI ratio? 30-36%, with 347 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,385 $227,885,000 $164,538 $2,655 6.83%
    Not provided 634 $90,220,000 $142,303 $2,451 7.07%
    Asian 43 $12,695,000 $295,233 $3,496 6.27%
    Black 50 $6,850,000 $137,000 $2,288 7.34%
    American Indian 8 $1,030,000 $128,750 $2,943 7.55%
    Asian Indian 6 $960,000 $160,000 $395 8.11%
    Other Pacific Islander 1 $115,000 $115,000 $0 7.49%
    Other Asian 1 $75,000 $75,000 $0 7.99%
    Filipino 1 $55,000 $55,000 $0 6.24%

    Approval Rates

    Total approvals of all applications
    78.73%

    Deere Employees Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    73.51%

    Deere Employees Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,129 $339,885,000 $159,645

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,129 $339,885,000 $159,645

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 521 $52,725,000 $101,200 $1,248 7.39%
    40-60% 199 $38,745,000 $194,698 $3,254 6.80%
    60-80% 364 $101,560,000 $279,011 $3,419 6.21%
    80-100% 442 $116,090,000 $262,647 $3,308 6.30%
    Over 100% 1 $295,000 $295,000 $2,658 2.25%
    Under 20% 602 $30,470,000 $50,615 $502 7.41%