Deere Employees Credit Union Mortgage Rates, Fees & Info

Moline, IL

LEI: 254900378RFGMBEKAF12

Tax ID: 36-2472059

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

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    • Review & Overview

    Deere Employees Credit Union is a smaller credit union specializing in Home Purchase, Cash Out Refi, and Refi loans. Deere Employees Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Davenport, Des Moines, Portland, Waterloo, and Kansas City among others. We have data for 307 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Deere Employees 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. 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 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.41% 4/21/24
    30 Year Conventional Purchase 6.22% 4/21/24
    30 Year Conventional Refi 6.19% 4/21/24
    30 Year Cash-out Refi 6.27% 4/21/24
    15 Year Conventional Purchase 5.47% 4/21/24
    15 Year Conventional Refi 5.70% 4/21/24
    15 Year Cash-out Refi 5.70% 4/21/24
    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

    2,948

    Origination Dollar Volume (All Markets)

    $519,120,000
    Show all (16) awards

    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) 663 $103,445,000 $156,026 $2,236 2.78%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 296 $60,600,000 $204,730 $2,459 2.73%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 130 $29,730,000 $228,692 $3,219 2.89%
    Outside of Metro Areas 216 $29,050,000 $134,491 $2,893 2.83%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 173 $22,655,000 $130,954 $2,362 2.86%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 81 $18,545,000 $228,951 $2,392 2.59%
    RALEIGH-CARY, NC (FHA|USDA|VA) 65 $13,115,000 $201,769 $3,082 2.67%
    DUBUQUE, IA (FHA|USDA|VA) 66 $10,290,000 $155,909 $2,472 2.89%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 39 $10,095,000 $258,846 $3,234 2.66%
    FARGO, ND-MN (FHA|USDA|VA) 57 $9,735,000 $170,789 $2,725 2.69%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 56 $9,270,000 $165,536 $3,057 2.99%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 29 $5,275,000 $181,897 $3,678 2.82%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 12 $5,200,000 $433,333 $2,982 2.61%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 18 $5,170,000 $287,222 $3,209 2.73%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 20 $5,040,000 $252,000 $1,835 2.88%
    Beaver Dam, WI (FHA|USDA|VA) 46 $4,880,000 $106,087 $2,132 2.95%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 23 $4,825,000 $209,783 $2,612 2.78%
    SPRINGFIELD, MO (FHA|USDA|VA) 33 $4,235,000 $128,333 $2,708 2.75%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 14 $3,990,000 $285,000 $4,230 2.65%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 15 $3,855,000 $257,000 $2,702 2.63%
    WINSTON-SALEM, NC (FHA|USDA|VA) 29 $3,755,000 $129,483 $2,809 2.97%
    BANGOR, ME (FHA|USDA|VA) 20 $3,140,000 $157,000 $2,892 3.53%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 14 $3,050,000 $217,857 $4,243 2.48%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 12 $3,010,000 $250,833 $4,685 2.75%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 9 $2,995,000 $332,778 $3,081 2.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 11 $2,955,000 $268,636 $4,167 2.46%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 15 $2,775,000 $185,000 $3,348 2.89%
    Ottumwa, IA (FHA|USDA|VA) 27 $2,735,000 $101,296 $2,587 3.00%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 6 $2,580,000 $430,000 $3,648 2.25%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 14 $2,530,000 $180,714 $2,546 3.05%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 15 $2,465,000 $164,333 $3,511 2.95%
    MADISON, WI (FHA|USDA|VA) 11 $2,405,000 $218,636 $2,284 2.79%
    Clinton, IA (FHA|USDA|VA) 17 $2,405,000 $141,471 $2,545 2.72%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 9 $2,145,000 $238,333 $3,487 2.84%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 9 $2,135,000 $237,222 $2,529 2.21%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 8 $2,030,000 $253,750 $2,844 2.83%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 14 $1,840,000 $131,429 $2,465 2.72%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 10 $1,760,000 $176,000 $2,592 2.78%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 15 $1,675,000 $111,667 $2,555 2.81%
    AMES, IA (FHA|USDA|VA) 11 $1,635,000 $148,636 $2,392 2.71%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 8 $1,580,000 $197,500 $3,122 2.66%
    COLUMBUS, OH (FHA|USDA|VA) 7 $1,565,000 $223,571 $3,733 3.19%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 9 $1,545,000 $171,667 $3,532 2.79%
    Platteville, WI (FHA|USDA|VA) 8 $1,480,000 $185,000 $2,582 2.81%
    WICHITA, KS (FHA|USDA|VA) 8 $1,450,000 $181,250 $2,825 2.72%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $1,390,000 $347,500 $4,447 2.75%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 8 $1,380,000 $172,500 $2,411 2.70%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 6 $1,370,000 $228,333 $4,053 2.75%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $1,345,000 $149,444 $2,176 3.11%
    Coffeyville, KS (FHA|USDA|VA) 11 $1,335,000 $121,364 $2,654 2.66%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $1,285,000 $1,285,000 $4,537 1.88%
    GREELEY, CO (FHA|USDA|VA) 5 $1,275,000 $255,000 $2,945 3.12%
    JOHNSON CITY, TN (FHA|USDA|VA) 6 $1,260,000 $210,000 $3,266 3.10%
    Brenham, TX (FHA|USDA|VA) 1 $1,235,000 $1,235,000 $6,421 1.88%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $1,225,000 $408,333 $3,149 2.63%
    Key West, FL (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $9,333 1.88%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $1,195,000 $239,000 $2,667 2.95%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $1,195,000 $170,714 $3,729 2.46%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $1,195,000 $170,714 $3,452 2.78%
    FAYETTEVILLE, NC (FHA|USDA|VA) 9 $1,155,000 $128,333 $3,047 3.23%
    JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,155,000 $385,000 $4,808 2.50%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $1,135,000 $378,333 $2,631 2.66%
    Greeneville, TN (FHA|USDA|VA) 7 $1,095,000 $156,429 $2,873 2.41%
    Scottsbluff, NE (FHA|USDA|VA) 5 $1,085,000 $217,000 $3,215 2.72%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 5 $1,085,000 $217,000 $2,784 2.50%
    WORCESTER, MA-CT (FHA|USDA|VA) 4 $1,080,000 $270,000 $3,031 2.56%
    FOND DU LAC, WI (FHA|USDA|VA) 7 $1,025,000 $146,429 $1,571 3.03%
    KNOXVILLE, TN (FHA|USDA|VA) 5 $1,005,000 $201,000 $3,785 2.94%
    Edwards, CO (FHA|USDA|VA) 2 $980,000 $490,000 $3,447 2.38%
    Galesburg, IL (FHA|USDA|VA) 4 $980,000 $245,000 $1,863 2.59%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $945,000 $315,000 $3,883 2.79%
    EL CENTRO, CA (FHA|USDA|VA) 4 $910,000 $227,500 $3,967 2.97%
    Ellensburg, WA (FHA|USDA|VA) 4 $900,000 $225,000 $2,714 2.71%
    FORT COLLINS, CO (FHA|USDA|VA) 4 $830,000 $207,500 $2,309 2.65%
    Breckenridge, CO (FHA|USDA|VA) 2 $830,000 $415,000 $3,083 3.19%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 5 $815,000 $163,000 $2,038 2.52%
    TOLEDO, OH (FHA|USDA|VA) 4 $810,000 $202,500 $3,683 2.84%
    LOUISVILLE, KY (FHA|USDA|VA) 3 $805,000 $268,333 $3,288 2.91%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $770,000 $192,500 $2,342 2.59%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $760,000 $190,000 $3,931 2.75%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $720,000 $120,000 $3,026 3.50%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $705,000 $235,000 $4,234 2.58%
    FRESNO, CA (FHA|USDA|VA) 2 $700,000 $350,000 $5,071 3.31%
    Centralia, WA (FHA|USDA|VA) 2 $690,000 $345,000 $4,469 3.00%
    IOWA CITY, IA (FHA|USDA|VA) 3 $675,000 $225,000 $2,789 2.29%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $665,000 $221,667 $3,553 3.00%
    PITTSBURGH, PA (FHA|USDA|VA) 3 $665,000 $221,667 $5,766 2.71%
    ROCHESTER, MN (FHA|USDA|VA) 3 $655,000 $218,333 $2,644 2.79%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 4 $650,000 $162,500 $2,859 2.68%
    ROCKFORD, IL (FHA|USDA|VA) 4 $650,000 $162,500 $2,788 2.72%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $650,000 $325,000 $3,699 3.06%
    PEORIA, IL (FHA|USDA|VA) 5 $645,000 $129,000 $1,822 2.67%
    TULSA, OK (FHA|USDA|VA) 4 $630,000 $157,500 $3,880 2.90%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $600,000 $300,000 $2,965 2.93%
    YAKIMA, WA (FHA|USDA|VA) 2 $590,000 $295,000 $3,672 3.00%
    SAVANNAH, GA (FHA|USDA|VA) 2 $590,000 $295,000 $3,303 2.43%
    LUBBOCK, TX (FHA|USDA|VA) 3 $585,000 $195,000 $3,191 2.29%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $585,000 $585,000 $3,911 2.38%
    MADERA, CA (FHA|USDA|VA) 2 $580,000 $290,000 $3,603 2.81%
    Bozeman, MT (FHA|USDA|VA) 2 $580,000 $290,000 $4,666 2.37%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $580,000 $290,000 $4,379 2.75%
    Ontario, OR-ID (FHA|USDA|VA) 2 $570,000 $285,000 $5,547 2.62%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $570,000 $285,000 $5,116 2.56%
    STAUNTON, VA (FHA|USDA|VA) 2 $560,000 $280,000 $4,683 3.56%
    Rochelle, IL (FHA|USDA|VA) 3 $555,000 $185,000 $2,249 2.62%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $550,000 $137,500 $3,140 2.75%
    Auburn, IN (FHA|USDA|VA) 2 $550,000 $275,000 $2,728 2.50%
    Pella, IA (FHA|USDA|VA) 4 $550,000 $137,500 $2,623 2.47%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $550,000 $137,500 $3,721 2.53%
    EAU CLAIRE, WI (FHA|USDA|VA) 3 $525,000 $175,000 $4,672 3.46%
    Newberry, SC (FHA|USDA|VA) 1 $525,000 $525,000 $3,452 2.75%
    Steamboat Springs, CO (FHA|USDA|VA) 2 $510,000 $255,000 $2,531 2.56%
    Oskaloosa, IA (FHA|USDA|VA) 5 $505,000 $101,000 $2,226 2.89%
    Sterling, IL (FHA|USDA|VA) 6 $500,000 $83,333 $2,468 2.81%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $495,000 $165,000 $4,133 2.41%
    Marshalltown, IA (FHA|USDA|VA) 4 $490,000 $122,500 $1,990 2.62%
    YUMA, AZ (FHA|USDA|VA) 4 $480,000 $120,000 $3,030 3.34%
    Natchitoches, LA (FHA|USDA|VA) 3 $475,000 $158,333 $4,101 2.91%
    Jefferson, GA (FHA|USDA|VA) 1 $465,000 $465,000 $4,055 1.88%
    SIOUX FALLS, SD (FHA|USDA|VA) 3 $455,000 $151,667 $2,211 3.00%
    KANKAKEE, IL (FHA|USDA|VA) 1 $455,000 $455,000 $4,820 2.88%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 3 $455,000 $151,667 $2,724 2.71%
    JONESBORO, AR (FHA|USDA|VA) 3 $455,000 $151,667 $2,763 2.71%
    JOPLIN, MO (FHA|USDA|VA) 3 $445,000 $148,333 $2,225 2.87%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $445,000 $148,333 $2,933 3.58%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 3 $445,000 $148,333 $1,636 3.04%
    Baraboo, WI (FHA|USDA|VA) 4 $440,000 $110,000 $2,834 2.71%
    GREEN BAY, WI (FHA|USDA|VA) 3 $425,000 $141,667 $2,461 2.54%
    Jamestown, ND (FHA|USDA|VA) 3 $425,000 $141,667 $2,822 3.12%
    MORRISTOWN, TN (FHA|USDA|VA) 3 $425,000 $141,667 $1,271 2.79%
    Spirit Lake, IA (FHA|USDA|VA) 2 $420,000 $210,000 $3,429 3.06%
    Williston, ND (FHA|USDA|VA) 3 $405,000 $135,000 $2,231 3.16%
    NILES, MI (FHA|USDA|VA) 2 $400,000 $200,000 $2,759 2.44%
    Easton, MD (FHA|USDA|VA) 1 $395,000 $395,000 $3,883 2.38%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 5 $395,000 $79,000 $2,517 3.34%
    PROVO-OREM, UT (FHA|USDA|VA) 1 $395,000 $395,000 $4,218 2.75%
    Clovis, NM (FHA|USDA|VA) 2 $390,000 $195,000 $3,786 2.94%
    Riverton, WY (FHA|USDA|VA) 2 $390,000 $195,000 $1,767 2.75%
    Ottawa, IL (FHA|USDA|VA) 4 $390,000 $97,500 $3,494 3.37%
    JACKSON, TN (FHA|USDA|VA) 5 $385,000 $77,000 $2,783 2.50%
    BILLINGS, MT (FHA|USDA|VA) 1 $385,000 $385,000 $4,838 2.25%
    BISMARCK, ND (FHA|USDA|VA) 2 $380,000 $190,000 $3,204 3.00%
    Jasper, IN (FHA|USDA|VA) 2 $380,000 $190,000 $3,353 3.19%
    Mason City, IA (FHA|USDA|VA) 2 $380,000 $190,000 $2,928 2.37%
    HUNTSVILLE, AL (FHA|USDA|VA) 1 $375,000 $375,000 $2,947 2.25%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $370,000 $185,000 $2,980 2.68%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $365,000 $121,667 $3,015 3.24%
    BATON ROUGE, LA (FHA|USDA|VA) 3 $365,000 $121,667 $1,743 3.33%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $365,000 $365,000 $2,764 2.25%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $365,000 $365,000 $4,076 2.25%
    WACO, TX (FHA|USDA|VA) 1 $355,000 $355,000 $4,291 2.13%
    Morehead City, NC (FHA|USDA|VA) 1 $345,000 $345,000 $3,015 2.25%
    Fergus Falls, MN (FHA|USDA|VA) 2 $340,000 $170,000 $2,877 2.37%
    Austin, MN (FHA|USDA|VA) 2 $340,000 $170,000 $2,668 2.06%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 3 $335,000 $111,667 $3,099 2.92%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $335,000 $335,000 $5,126 2.75%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $335,000 $335,000 $6,207 2.88%
    SPARTANBURG, SC (FHA|USDA|VA) 3 $335,000 $111,667 $2,848 2.87%
    GRAND ISLAND, NE (FHA|USDA|VA) 1 $325,000 $325,000 $4,827 2.88%
    MANKATO, MN (FHA|USDA|VA) 1 $325,000 $325,000 $3,111 2.25%
    Lebanon, NH-VT (FHA|USDA|VA) 3 $315,000 $105,000 $1,657 3.20%
    Maryville, MO (FHA|USDA|VA) 1 $315,000 $315,000 $2,693 2.50%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $315,000 $105,000 $3,627 3.04%
    Fort Dodge, IA (FHA|USDA|VA) 4 $310,000 $77,500 $2,628 3.24%
    JACKSON, MS (FHA|USDA|VA) 2 $310,000 $155,000 $3,166 3.18%
    WILMINGTON, NC (FHA|USDA|VA) 2 $310,000 $155,000 $2,821 2.50%
    Kennett, MO (FHA|USDA|VA) 2 $310,000 $155,000 $3,311 3.06%
    Hudson, NY (FHA|USDA|VA) 1 $305,000 $305,000 $6,022 2.50%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $2,500 1.88%
    Branson, MO (FHA|USDA|VA) 1 $305,000 $305,000 $3,118 2.25%
    Fairfield, IA (FHA|USDA|VA) 3 $305,000 $101,667 $1,979 2.91%
    Crossville, TN (FHA|USDA|VA) 2 $300,000 $150,000 $3,289 2.81%
    RACINE, WI (FHA|USDA|VA) 1 $295,000 $295,000 $3,764 3.00%
    MIDLAND, TX (FHA|USDA|VA) 1 $295,000 $295,000 $4,421 3.25%
    McAlester, OK (FHA|USDA|VA) 1 $295,000 $295,000 $3,696 2.75%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $290,000 $145,000 $3,634 3.56%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $285,000 $95,000 $1,197 2.87%
    AMARILLO, TX (FHA|USDA|VA) 1 $285,000 $285,000 $5,239 1.88%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $285,000 $285,000 $3,100 2.63%
    LAWRENCE, KS (FHA|USDA|VA) 1 $285,000 $285,000 $3,490 3.13%
    Garden City, KS (FHA|USDA|VA) 2 $280,000 $140,000 $2,170 3.00%
    FORT WAYNE, IN (FHA|USDA|VA) 2 $280,000 $140,000 $2,453 3.00%
    DOTHAN, AL (FHA|USDA|VA) 2 $280,000 $140,000 $3,137 3.00%
    RICHMOND, VA (FHA|USDA|VA) 2 $280,000 $140,000 $3,656 3.06%
    MONROE, LA (FHA|USDA|VA) 2 $280,000 $140,000 $4,221 2.87%
    GREENVILLE, NC (FHA|USDA|VA) 1 $275,000 $275,000 $3,344 2.25%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $275,000 $275,000 $3,203 3.25%
    Lock Haven, PA (FHA|USDA|VA) 1 $275,000 $275,000 $4,346 2.13%
    Big Rapids, MI (FHA|USDA|VA) 1 $265,000 $265,000 $2,862 3.25%
    MANHATTAN, KS (FHA|USDA|VA) 1 $265,000 $265,000 $2,634 2.13%
    TYLER, TX (FHA|USDA|VA) 1 $265,000 $265,000 $4,872 2.75%
    BOISE CITY, ID (FHA|USDA|VA) 3 $265,000 $88,333 $1,911 2.87%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $265,000 $265,000 $3,216 1.88%
    Paragould, AR (FHA|USDA|VA) 3 $265,000 $88,333 $6,123 3.58%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $260,000 $130,000 $2,770 3.56%
    Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $255,000 $255,000 $2,186 2.25%
    Brainerd, MN (FHA|USDA|VA) 1 $255,000 $255,000 $0 2.74%
    TUCSON, AZ (FHA|USDA|VA) 2 $250,000 $125,000 $2,511 3.06%
    Great Bend, KS (FHA|USDA|VA) 3 $245,000 $81,667 $2,364 3.08%
    Spencer, IA (FHA|USDA|VA) 1 $245,000 $245,000 $2,836 2.13%
    YUBA CITY, CA (FHA|USDA|VA) 1 $245,000 $245,000 $2,998 3.88%
    Blytheville, AR (FHA|USDA|VA) 1 $245,000 $245,000 $1,871 2.88%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $245,000 $245,000 $7,336 2.38%
    STOCKTON, CA (FHA|USDA|VA) 3 $245,000 $81,667 $0 3.24%
    Gainesville, TX (FHA|USDA|VA) 2 $240,000 $120,000 $5,428 2.37%
    Alexandria, MN (FHA|USDA|VA) 2 $240,000 $120,000 $1,772 2.13%
    TUSCALOOSA, AL (FHA|USDA|VA) 2 $240,000 $120,000 $3,221 3.75%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $235,000 $235,000 $4,348 2.50%
    Fremont, NE (FHA|USDA|VA) 1 $235,000 $235,000 $2,582 2.63%
    Norfolk, NE (FHA|USDA|VA) 1 $235,000 $235,000 $2,787 3.25%
    Macomb, IL (FHA|USDA|VA) 3 $235,000 $78,333 $2,311 4.08%
    OCALA, FL (FHA|USDA|VA) 2 $230,000 $115,000 $3,960 2.50%
    Augusta-Waterville, ME (FHA|USDA|VA) 1 $225,000 $225,000 $3,066 2.38%
    Wahpeton, ND-MN (FHA|USDA|VA) 2 $220,000 $110,000 $2,979 2.94%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $215,000 $215,000 $2,280 2.88%
    Duncan, OK (FHA|USDA|VA) 2 $210,000 $105,000 $0 2.87%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $210,000 $105,000 $1,474 3.50%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $205,000 $205,000 $2,312 2.13%
    Poplar Bluff, MO (FHA|USDA|VA) 1 $205,000 $205,000 $2,674 2.38%
    Muscatine, IA (FHA|USDA|VA) 2 $200,000 $100,000 $3,064 3.06%
    Mexico, MO (FHA|USDA|VA) 2 $200,000 $100,000 $2,649 2.25%
    Stephenville, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,633 3.50%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $195,000 $195,000 $2,235 2.50%
    LAFAYETTE, LA (FHA|USDA|VA) 2 $190,000 $95,000 $3,428 3.31%
    Brownsville, TN (FHA|USDA|VA) 2 $190,000 $95,000 $2,877 2.68%
    GLENS FALLS, NY (FHA|USDA|VA) 1 $185,000 $185,000 $4,904 2.75%
    CHEYENNE, WY (FHA|USDA|VA) 1 $185,000 $185,000 $2,155 2.88%
    ODESSA, TX (FHA|USDA|VA) 1 $185,000 $185,000 $4,820 2.63%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $180,000 $90,000 $0 2.74%
    LONGVIEW, TX (FHA|USDA|VA) 1 $175,000 $175,000 $2,327 2.75%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,843 2.88%
    SYRACUSE, NY (FHA|USDA|VA) 1 $175,000 $175,000 $3,579 3.25%
    Van Wert, OH (FHA|USDA|VA) 3 $175,000 $58,333 $3,112 3.08%
    MODESTO, CA (FHA|USDA|VA) 2 $170,000 $85,000 $2,687 2.81%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $165,000 $165,000 $2,565 2.63%
    Jacksonville, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,426 2.75%
    Weatherford, OK (FHA|USDA|VA) 1 $165,000 $165,000 $4,464 3.00%
    Natchez, MS-LA (FHA|USDA|VA) 2 $160,000 $80,000 $0 2.99%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $155,000 $155,000 $3,518 2.13%
    Warrensburg, MO (FHA|USDA|VA) 1 $155,000 $155,000 $2,721 2.38%
    Bonham, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,827 2.13%
    BECKLEY, WV (FHA|USDA|VA) 1 $155,000 $155,000 $2,219 2.25%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $155,000 $155,000 $2,930 2.75%
    Celina, OH (FHA|USDA|VA) 1 $155,000 $155,000 $3,469 3.25%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,378 2.75%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $145,000 $145,000 $2,281 2.25%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $145,000 $145,000 $2,621 2.38%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $145,000 $145,000 $3,069 2.13%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $145,000 $145,000 $2,004 2.13%
    Mount Airy, NC (FHA|USDA|VA) 3 $145,000 $48,333 $0 3.57%
    KOKOMO, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,450 1.88%
    Mitchell, SD (FHA|USDA|VA) 1 $145,000 $145,000 $2,683 2.88%
    Batesville, AR (FHA|USDA|VA) 1 $145,000 $145,000 $2,960 2.25%
    Cambridge, MD (FHA|USDA|VA) 2 $140,000 $70,000 $0 2.74%
    Parsons, KS (FHA|USDA|VA) 2 $130,000 $65,000 $2,681 2.43%
    McComb, MS (FHA|USDA|VA) 1 $125,000 $125,000 $2,152 2.50%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $125,000 $125,000 $3,152 3.13%
    Columbus, MS (FHA|USDA|VA) 1 $125,000 $125,000 $2,679 2.88%
    MOBILE, AL (FHA|USDA|VA) 1 $125,000 $125,000 $2,314 2.88%
    APPLETON, WI (FHA|USDA|VA) 3 $125,000 $41,667 $0 3.91%
    Sanford, NC (FHA|USDA|VA) 1 $125,000 $125,000 $2,825 3.00%
    West Plains, MO (FHA|USDA|VA) 1 $125,000 $125,000 $2,371 2.75%
    Sidney, OH (FHA|USDA|VA) 2 $120,000 $60,000 $1,582 3.37%
    LINCOLN, NE (FHA|USDA|VA) 1 $115,000 $115,000 $1,644 2.25%
    Holland, MI (FHA|USDA|VA) 1 $115,000 $115,000 $2,723 2.25%
    Meadville, PA (FHA|USDA|VA) 1 $115,000 $115,000 $0 2.74%
    Mayfield, KY (FHA|USDA|VA) 1 $115,000 $115,000 $3,170 3.50%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $110,000 $55,000 $2,307 3.00%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $110,000 $55,000 $0 3.24%
    Sturgis, MI (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.74%
    BURLINGTON, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.74%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $105,000 $105,000 $3,061 2.88%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.74%
    Tupelo, MS (FHA|USDA|VA) 1 $105,000 $105,000 $3,173 2.88%
    Russellville, AR (FHA|USDA|VA) 2 $100,000 $50,000 $0 2.87%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 2 $100,000 $50,000 $3,625 3.87%
    IDAHO FALLS, ID (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.74%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $95,000 $95,000 $2,712 2.75%
    Martinsville, VA (FHA|USDA|VA) 1 $85,000 $85,000 $3,158 3.00%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $85,000 $85,000 $395 2.99%
    Ottawa, KS (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.74%
    HINESVILLE, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.63%
    Torrington, CT (FHA|USDA|VA) 1 $75,000 $75,000 $3,017 2.25%
    Kalispell, MT (FHA|USDA|VA) 1 $65,000 $65,000 $0 2.74%
    Martin, TN (FHA|USDA|VA) 1 $65,000 $65,000 $2,987 2.00%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.49%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.74%
    ENID, OK (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.74%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.74%
    GAINESVILLE, GA (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.74%
    Bainbridge, GA (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.74%
    Plainview, TX (FHA|USDA|VA) 1 $55,000 $55,000 $2,910 2.25%
    Huntingdon, PA (FHA|USDA|VA) 1 $45,000 $45,000 $0 2.74%
    Alma, MI (FHA|USDA|VA) 1 $45,000 $45,000 $2,412 2.13%
    Keene, NH (FHA|USDA|VA) 1 $45,000 $45,000 $0 2.74%
    Elizabeth City, NC (FHA|USDA|VA) 1 $45,000 $45,000 $0 2.74%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $45,000 $45,000 $0 3.24%
    Sikeston, MO (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.74%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $35,000 $35,000 $0 2.74%
    Kirksville, MO (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.25%
    MERCED, CA (FHA|USDA|VA) 1 $35,000 $35,000 $0 2.74%
    Paris, TN (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.74%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.24%
    ROANOKE, VA (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.24%
    Kearney, NE (FHA|USDA|VA) 1 $25,000 $25,000 $0 2.74%
    LANCASTER, PA (FHA|USDA|VA) 1 $25,000 $25,000 $0 2.74%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $15,000 $15,000 $0 2.74%
    Deere Employees Credit Union's top markets include Davenport, Des Moines, Portland, Waterloo, and Kansas City among others.

    Their top states include:
  • Iowa (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Maine (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 2,080 $464,650,000 $223,389 $2,712 2.62%
    HELOC 868 $54,470,000 $62,753 n/a 3.24%

    For 2021, Deere Employees Credit Union's most frequently originated type of loan was Conventional, with 2,080 originations. Their 2nd most popular type was HELOC, with 868 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 894 $208,550,000 $233,277 $2,929 2.72%
    Cash Out Refi 767 $147,935,000 $192,875 $2,698 2.72%
    Refi 743 $127,835,000 $172,052 $2,619 2.69%
    Home Improvement 279 $16,955,000 $60,771 $327 3.12%
    Other 265 $17,845,000 $67,340 $708 3.28%

    For 2021, Deere Employees Credit Union's most frequently cited loan purpose was Home Purchase, with 894 originations. The 2nd most popular reason was Cash Out Refi, with 767 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,266 $332,370,000 $262,536 $2,900 2.60%
    Other 876 $55,690,000 $63,573 $2,637 3.23%
    15 Year 486 $88,500,000 $182,099 $2,801 2.32%
    20 Year 164 $32,790,000 $199,939 $3,028 2.80%
    5 Year 133 $6,375,000 $47,932 $157 3.72%
    10 Year 23 $3,395,000 $147,609 $2,979 2.47%

    For 2021, Deere Employees Credit Union's most frequently cited loan duration was 30 Year, with 1,266 originations. The 2nd most popular length was Other, with 876 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,398 $332,600,000 $237,911
    $1k-2k 584 $111,330,000 $190,634
    $2k-3k 58 $13,860,000 $238,966
    $4k-5k 10 $2,480,000 $248,000
    $3k-4k 6 $1,690,000 $281,667
    $5k+ 1 $435,000 $435,000

    Deere Employees Credit Union's average total fees were $2,900, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,398 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 1,070 $267,820,000 $250,299
    2.5-3% 1,027 $159,705,000 $155,506
    3-4% 745 $86,445,000 $116,034
    4-5% 95 $4,685,000 $49,316
    5-6% 7 $325,000 $46,429
    6-7% 2 $40,000 $20,000
    7-8% 2 $100,000 $50,000

    During 2021, Deere Employees Credit Union's average interest rate for loans was 2.60%, while their most frequently originated rate bucket for loans was <2.5%, with 1,070 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,065 $58,385,000 $54,822 $1,636 3.20%
    $200k-400k 869 $240,055,000 $276,243 $2,934 2.55%
    $100k-200k 833 $121,245,000 $145,552 $2,700 2.66%
    $400k-600k 142 $68,330,000 $481,197 $3,453 2.38%
    $600k-1MM 33 $23,665,000 $717,121 $4,056 2.08%
    $1MM+ 6 $7,440,000 $1,240,000 $5,268 2.08%

    2021 saw Deere Employees Credit Union place emphasis on $100,000 or less loans with 1,065 originations, totaling $58,385,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 940 $170,600,000 $181,489 $2,689 2.78%
    $75k-100k 617 $92,765,000 $150,348 $2,638 2.83%
    $50k-75k 522 $62,160,000 $119,080 $2,697 2.88%
    $150k-250k 515 $125,365,000 $243,427 $2,883 2.74%
    $50k or less 177 $15,325,000 $86,582 $2,344 2.94%
    $250k+ 124 $42,010,000 $338,790 $3,358 2.59%

    Deere Employees Credit Union lent most frequently to those with incomes in the $100k-150k range, with 940 originations. The second most popular income band? $75k-100k, with 617 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 810 $145,290,000 $179,370 $2,720 2.74%
    30-36% 546 $104,650,000 $191,667 $2,797 2.77%
    <20% 400 $74,470,000 $186,175 $2,695 2.57%
    49% 102 $13,200,000 $129,412 $2,669 3.05%
    39% 101 $17,295,000 $171,238 $2,630 2.86%
    36% 100 $16,500,000 $165,000 $2,551 2.79%
    42% 99 $16,785,000 $169,545 $2,520 3.00%
    43% 93 $16,655,000 $179,086 $2,681 2.88%
    41% 86 $13,690,000 $159,186 $2,528 2.93%
    40% 83 $14,205,000 $171,145 $2,733 2.95%
    38% 78 $13,440,000 $172,308 $2,874 2.79%
    37% 78 $14,160,000 $181,538 $2,843 2.92%
    45% 75 $11,665,000 $155,533 $2,537 2.98%
    44% 68 $11,780,000 $173,235 $2,904 2.92%
    46% 65 $10,525,000 $161,923 $2,717 2.85%
    48% 58 $9,560,000 $164,828 $2,912 2.97%
    47% 54 $8,360,000 $154,815 $2,831 3.02%
    50-60% 42 $6,000,000 $142,857 $2,807 3.06%
    >60% 10 $890,000 $89,000 $860 3.97%

    Deere Employees Credit Union lent most frequently to those with DTI ratios of 20-30%, with 810 originations. The next most common DTI ratio? 30-36%, with 546 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,293 $403,675,000 $176,047 $2,709 2.79%
    Not provided 528 $90,050,000 $170,549 $2,650 2.86%
    Black 71 $15,275,000 $215,141 $3,111 2.85%
    Asian 27 $5,855,000 $216,852 $2,777 2.58%
    American Indian 22 $3,900,000 $177,273 $3,059 2.97%
    Asian Indian 3 $175,000 $58,333 $0 3.24%
    Other Pacific Islander 2 $80,000 $40,000 $0 3.74%
    Native Hawaiian or Islander 1 $75,000 $75,000 $2,349 2.75%
    Other Asian 1 $35,000 $35,000 $0 3.24%

    Approval Rates

    Total approvals of all applications
    90.86%

    Deere Employees Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    70.90%

    Deere Employees Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,948 $519,120,000 $176,092

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,948 $519,120,000 $176,092

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 423 $38,305,000 $90,556 $2,217 3.09%
    40-60% 355 $68,225,000 $192,183 $2,774 2.50%
    60-80% 949 $234,575,000 $247,181 $2,904 2.57%
    80-100% 606 $147,250,000 $242,987 $2,911 2.60%
    Under 20% 615 $30,765,000 $50,024 $249 3.33%