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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Mortgage Data

Review & Overview

Deere Employees Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi 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 Raleigh among others. We have data for 318 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 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% 4/28/24
30 Year Conventional Purchase 6.22% 4/28/24
30 Year Conventional Refi 6.19% 4/28/24
30 Year Cash-out Refi 6.27% 4/28/24
15 Year Conventional Purchase 5.47% 4/28/24
15 Year Conventional Refi 5.70% 4/28/24
15 Year Cash-out Refi 5.70% 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.

Deere Employees Credit Union Mortgage Calculator






Your Estimates

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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

3,654

Origination Dollar Volume (All Markets)

$555,780,000
Show all (24) 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) 679 $92,075,000 $135,604 $2,026 3.95%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 468 $72,850,000 $155,662 $2,716 4.15%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 268 $47,030,000 $175,485 $2,031 3.74%
Outside of Metro Areas 361 $38,605,000 $106,939 $2,409 4.15%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 220 $24,940,000 $113,364 $1,886 3.89%
RALEIGH-CARY, NC (FHA|USDA|VA) 82 $20,000,000 $243,902 $3,061 3.48%
KANSAS CITY, MO-KS (FHA|USDA|VA) 82 $16,090,000 $196,220 $2,242 3.82%
DUBUQUE, IA (FHA|USDA|VA) 94 $13,620,000 $144,894 $2,466 4.11%
FARGO, ND-MN (FHA|USDA|VA) 58 $10,110,000 $174,310 $2,507 3.72%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 53 $8,125,000 $153,302 $2,941 3.65%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 31 $7,525,000 $242,742 $2,493 3.61%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 32 $6,630,000 $207,188 $3,315 3.76%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 29 $6,625,000 $228,448 $5,019 4.26%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 12 $6,220,000 $518,333 $6,268 3.33%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 27 $5,165,000 $191,296 $4,679 3.52%
BANGOR, ME (FHA|USDA|VA) 51 $4,495,000 $88,137 $2,014 4.33%
AMES, IA (FHA|USDA|VA) 24 $4,170,000 $173,750 $2,377 3.60%
Beaver Dam, WI (FHA|USDA|VA) 27 $4,135,000 $153,148 $2,296 3.96%
WINSTON-SALEM, NC (FHA|USDA|VA) 22 $3,370,000 $153,182 $2,643 3.73%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 13 $3,345,000 $257,308 $4,287 3.62%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 13 $3,135,000 $241,154 $1,344 3.44%
SPRINGFIELD, MO (FHA|USDA|VA) 26 $3,030,000 $116,538 $2,490 3.79%
Ottumwa, IA (FHA|USDA|VA) 33 $3,005,000 $91,061 $2,090 4.24%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 11 $2,975,000 $270,455 $2,820 4.12%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 8 $2,720,000 $340,000 $3,237 3.90%
Platteville, WI (FHA|USDA|VA) 26 $2,660,000 $102,308 $2,155 3.58%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 18 $2,570,000 $142,778 $2,029 4.57%
GREELEY, CO (FHA|USDA|VA) 7 $2,425,000 $346,429 $3,008 3.10%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 19 $2,415,000 $127,105 $2,599 3.75%
FAYETTEVILLE, NC (FHA|USDA|VA) 14 $2,350,000 $167,857 $2,413 3.86%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 13 $2,325,000 $178,846 $2,311 3.94%
MADISON, WI (FHA|USDA|VA) 11 $2,175,000 $197,727 $1,965 4.03%
COLUMBUS, OH (FHA|USDA|VA) 12 $2,140,000 $178,333 $2,506 4.67%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 14 $2,120,000 $151,429 $2,728 4.23%
Clinton, IA (FHA|USDA|VA) 20 $2,090,000 $104,500 $2,198 4.22%
IOWA CITY, IA (FHA|USDA|VA) 8 $1,960,000 $245,000 $2,145 4.01%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 15 $1,935,000 $129,000 $1,984 4.19%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $1,920,000 $320,000 $2,011 2.76%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 14 $1,830,000 $130,714 $2,429 4.23%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 11 $1,825,000 $165,909 $2,945 3.14%
Mason City, IA (FHA|USDA|VA) 6 $1,820,000 $303,333 $2,887 4.02%
SPARTANBURG, SC (FHA|USDA|VA) 9 $1,795,000 $199,444 $3,650 4.15%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 12 $1,630,000 $135,833 $1,757 3.52%
CEDAR RAPIDS, IA (FHA|USDA|VA) 16 $1,580,000 $98,750 $2,383 4.20%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,560,000 $390,000 $5,969 3.60%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $1,505,000 $301,000 $3,570 3.22%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $1,495,000 $213,571 $2,306 3.91%
Greeneville, TN (FHA|USDA|VA) 6 $1,440,000 $240,000 $2,446 3.22%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 13 $1,395,000 $107,308 $2,661 3.64%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $1,390,000 $347,500 $5,167 4.52%
JOHNSON CITY, TN (FHA|USDA|VA) 6 $1,370,000 $228,333 $3,036 3.21%
MADERA, CA (FHA|USDA|VA) 7 $1,365,000 $195,000 $2,929 3.64%
LINCOLN, NE (FHA|USDA|VA) 6 $1,350,000 $225,000 $2,650 4.31%
ROANOKE, VA (FHA|USDA|VA) 3 $1,335,000 $445,000 $6,255 3.79%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 5 $1,315,000 $263,000 $3,233 3.22%
Sterling, IL (FHA|USDA|VA) 16 $1,300,000 $81,250 $2,447 4.47%
BOISE CITY, ID (FHA|USDA|VA) 6 $1,270,000 $211,667 $3,095 4.04%
ASHEVILLE, NC (FHA|USDA|VA) 3 $1,265,000 $421,667 $3,595 4.62%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 7 $1,255,000 $179,286 $2,916 4.02%
WICHITA, KS (FHA|USDA|VA) 8 $1,240,000 $155,000 $2,255 4.07%
Pella, IA (FHA|USDA|VA) 6 $1,230,000 $205,000 $2,357 4.29%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 9 $1,195,000 $132,778 $2,363 4.37%
ST. LOUIS, MO-IL (FHA|USDA|VA) 6 $1,170,000 $195,000 $2,473 3.45%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 6 $1,130,000 $188,333 $3,597 3.49%
Ardmore, OK (FHA|USDA|VA) 6 $1,120,000 $186,667 $3,510 4.02%
COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,110,000 $277,500 $2,820 2.84%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 10 $1,110,000 $111,000 $395 3.85%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 8 $1,100,000 $137,500 $2,296 4.40%
SAVANNAH, GA (FHA|USDA|VA) 3 $1,065,000 $355,000 $4,338 5.12%
Marshalltown, IA (FHA|USDA|VA) 7 $1,045,000 $149,286 $1,926 3.50%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $1,030,000 $257,500 $4,604 3.53%
Steamboat Springs, CO (FHA|USDA|VA) 4 $1,020,000 $255,000 $3,336 3.87%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 7 $1,005,000 $143,571 $2,816 3.53%
MIDLAND, TX (FHA|USDA|VA) 2 $950,000 $475,000 $5,740 3.99%
FOND DU LAC, WI (FHA|USDA|VA) 5 $915,000 $183,000 $1,807 4.30%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $915,000 $305,000 $3,669 2.79%
FORT COLLINS, CO (FHA|USDA|VA) 5 $905,000 $181,000 $2,328 3.89%
Coffeyville, KS (FHA|USDA|VA) 9 $905,000 $100,556 $2,236 3.87%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $890,000 $148,333 $1,948 3.85%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $865,000 $288,333 $5,010 3.74%
MORRISTOWN, TN (FHA|USDA|VA) 4 $860,000 $215,000 $2,324 2.84%
GRAND FORKS, ND-MN (FHA|USDA|VA) 3 $845,000 $281,667 $5,805 4.08%
JACKSON, MS (FHA|USDA|VA) 7 $805,000 $115,000 $1,900 5.06%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $790,000 $197,500 $4,054 4.74%
Ellensburg, WA (FHA|USDA|VA) 2 $740,000 $370,000 $3,693 2.56%
PEORIA, IL (FHA|USDA|VA) 8 $720,000 $90,000 $2,185 4.25%
ROCHESTER, MN (FHA|USDA|VA) 3 $715,000 $238,333 $2,791 3.58%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $710,000 $177,500 $2,468 3.96%
JONESBORO, AR (FHA|USDA|VA) 3 $705,000 $235,000 $2,209 3.16%
LUBBOCK, TX (FHA|USDA|VA) 3 $695,000 $231,667 $3,576 2.66%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $675,000 $675,000 $3,832 1.88%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 3 $675,000 $225,000 $3,016 3.54%
LOUISVILLE, KY (FHA|USDA|VA) 5 $665,000 $133,000 $395 3.04%
Parsons, KS (FHA|USDA|VA) 6 $640,000 $106,667 $2,944 3.54%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $630,000 $157,500 $3,608 3.43%
Weatherford, OK (FHA|USDA|VA) 7 $625,000 $89,286 $3,449 3.34%
YUMA, AZ (FHA|USDA|VA) 3 $625,000 $208,333 $5,237 4.20%
Ottawa, KS (FHA|USDA|VA) 5 $625,000 $125,000 $2,463 5.62%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $620,000 $310,000 $2,953 3.19%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $610,000 $305,000 $3,385 3.31%
Paragould, AR (FHA|USDA|VA) 6 $610,000 $101,667 $2,448 3.96%
Muscatine, IA (FHA|USDA|VA) 5 $605,000 $121,000 $1,559 3.72%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $600,000 $300,000 $3,424 3.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $595,000 $198,333 $1,837 3.24%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $590,000 $295,000 $2,936 4.37%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $575,000 $575,000 $4,020 2.38%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $565,000 $188,333 $2,894 5.41%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $560,000 $280,000 $4,528 4.56%
BATON ROUGE, LA (FHA|USDA|VA) 4 $560,000 $140,000 $4,550 5.49%
Fremont, NE (FHA|USDA|VA) 3 $555,000 $185,000 $3,101 2.79%
Edwards, CO (FHA|USDA|VA) 2 $550,000 $275,000 $3,224 3.12%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $545,000 $545,000 $5,791 3.38%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $545,000 $545,000 $2,884 2.75%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $540,000 $270,000 $5,207 4.87%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $535,000 $178,333 $3,318 5.08%
Kalispell, MT (FHA|USDA|VA) 2 $530,000 $265,000 $4,401 3.68%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $530,000 $265,000 $3,633 3.63%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 4 $520,000 $130,000 $3,262 3.57%
PROVO-OREM, UT (FHA|USDA|VA) 2 $510,000 $255,000 $2,501 3.37%
OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $510,000 $127,500 $2,082 4.31%
FRESNO, CA (FHA|USDA|VA) 3 $505,000 $168,333 $3,196 4.33%
GREEN BAY, WI (FHA|USDA|VA) 2 $500,000 $250,000 $3,530 3.19%
Scottsbluff, NE (FHA|USDA|VA) 4 $500,000 $125,000 $2,363 2.93%
Augusta-Waterville, ME (FHA|USDA|VA) 6 $490,000 $81,667 $3,347 4.24%
RICHMOND, VA (FHA|USDA|VA) 4 $480,000 $120,000 $3,198 4.34%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $475,000 $158,333 $4,188 4.66%
WACO, TX (FHA|USDA|VA) 2 $470,000 $235,000 $4,372 3.25%
ANCHORAGE, AK (FHA|USDA|VA) 2 $470,000 $235,000 $2,671 5.43%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $470,000 $235,000 $4,917 5.12%
ALBANY, GA (FHA|USDA|VA) 3 $465,000 $155,000 $3,079 3.08%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $455,000 $151,667 $2,848 3.49%
Washington, NC (FHA|USDA|VA) 2 $440,000 $220,000 $4,580 4.81%
Red Wing, MN (FHA|USDA|VA) 4 $430,000 $107,500 $3,092 3.15%
COLUMBIA, MO (FHA|USDA|VA) 2 $420,000 $210,000 $2,240 3.81%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $415,000 $415,000 $2,247 4.25%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 3 $415,000 $138,333 $5,664 4.45%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $405,000 $405,000 $2,804 3.99%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $400,000 $200,000 $3,140 3.18%
JOPLIN, MO (FHA|USDA|VA) 2 $400,000 $200,000 $3,255 4.12%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $385,000 $385,000 $3,902 3.50%
Riverton, WY (FHA|USDA|VA) 3 $385,000 $128,333 $2,913 3.83%
MANKATO, MN (FHA|USDA|VA) 1 $385,000 $385,000 $3,220 2.75%
Whitewater, WI (FHA|USDA|VA) 4 $370,000 $92,500 $2,512 3.84%
MANHATTAN, KS (FHA|USDA|VA) 2 $370,000 $185,000 $2,842 5.18%
Tupelo, MS (FHA|USDA|VA) 1 $365,000 $365,000 $4,574 4.13%
Easton, MD (FHA|USDA|VA) 2 $360,000 $180,000 $3,521 4.44%
EVANSVILLE, IN-KY (FHA|USDA|VA) 3 $355,000 $118,333 $2,562 5.29%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $355,000 $118,333 $2,163 4.74%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $350,000 $175,000 $4,342 3.25%
EAU CLAIRE, WI (FHA|USDA|VA) 2 $350,000 $175,000 $996 3.18%
Harrison, AR (FHA|USDA|VA) 2 $350,000 $175,000 $2,449 2.56%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $345,000 $345,000 $3,315 3.38%
BURLINGTON, NC (FHA|USDA|VA) 3 $345,000 $115,000 $3,409 4.99%
Alexander City, AL (FHA|USDA|VA) 2 $340,000 $170,000 $3,689 3.63%
TULSA, OK (FHA|USDA|VA) 4 $340,000 $85,000 $3,194 3.68%
Fort Dodge, IA (FHA|USDA|VA) 4 $340,000 $85,000 $1,686 5.37%
LANCASTER, PA (FHA|USDA|VA) 2 $340,000 $170,000 $4,016 3.06%
Maryville, MO (FHA|USDA|VA) 3 $335,000 $111,667 $2,798 3.37%
MOBILE, AL (FHA|USDA|VA) 2 $330,000 $165,000 $3,771 2.69%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $325,000 $325,000 $3,048 2.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $325,000 $325,000 $2,203 3.75%
Mount Airy, NC (FHA|USDA|VA) 2 $320,000 $160,000 $2,793 3.00%
VALDOSTA, GA (FHA|USDA|VA) 1 $315,000 $315,000 $3,753 2.75%
Galesburg, IL (FHA|USDA|VA) 7 $315,000 $45,000 $1,781 4.69%
Faribault-Northfield, MN (FHA|USDA|VA) 2 $310,000 $155,000 $0 4.49%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $305,000 $305,000 $4,336 5.63%
Warsaw, IN (FHA|USDA|VA) 1 $305,000 $305,000 $2,548 2.13%
LAFAYETTE, LA (FHA|USDA|VA) 3 $295,000 $98,333 $1,316 3.79%
Sanford, NC (FHA|USDA|VA) 2 $290,000 $145,000 $4,047 5.18%
Grand Rapids, MN (FHA|USDA|VA) 1 $285,000 $285,000 $4,646 5.88%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $280,000 $140,000 $3,514 4.12%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $270,000 $135,000 $3,755 4.62%
BISMARCK, ND (FHA|USDA|VA) 2 $270,000 $135,000 $3,610 6.00%
AMARILLO, TX (FHA|USDA|VA) 2 $270,000 $135,000 $7,584 3.68%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $265,000 $265,000 $2,755 4.63%
Dodge City, KS (FHA|USDA|VA) 3 $255,000 $85,000 $2,517 5.33%
TUCSON, AZ (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.49%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $255,000 $255,000 $0 2.74%
Selinsgrove, PA (FHA|USDA|VA) 1 $255,000 $255,000 $3,743 3.99%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $255,000 $255,000 $3,091 5.25%
Searcy, AR (FHA|USDA|VA) 4 $250,000 $62,500 $1,884 4.84%
SPRINGFIELD, IL (FHA|USDA|VA) 3 $245,000 $81,667 $3,063 3.66%
Fergus Falls, MN (FHA|USDA|VA) 3 $245,000 $81,667 $0 4.66%
Winfield, KS (FHA|USDA|VA) 2 $240,000 $120,000 $3,062 3.06%
BOULDER, CO (FHA|USDA|VA) 1 $235,000 $235,000 $0 5.24%
Fairfield, IA (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.99%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $225,000 $225,000 $3,129 3.75%
Bemidji, MN (FHA|USDA|VA) 1 $225,000 $225,000 $2,767 2.38%
OCALA, FL (FHA|USDA|VA) 4 $220,000 $55,000 $395 3.99%
ST. CLOUD, MN (FHA|USDA|VA) 2 $220,000 $110,000 $0 4.56%
KNOXVILLE, TN (FHA|USDA|VA) 3 $215,000 $71,667 $0 3.32%
Jackson, OH (FHA|USDA|VA) 3 $215,000 $71,667 $1,783 5.12%
Winona, MN (FHA|USDA|VA) 1 $215,000 $215,000 $2,591 6.50%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $210,000 $105,000 $3,217 4.50%
MUSKEGON, MI (FHA|USDA|VA) 2 $210,000 $105,000 $2,167 3.06%
WARNER ROBINS, GA (FHA|USDA|VA) 2 $210,000 $105,000 $2,407 5.18%
Marietta, OH (FHA|USDA|VA) 2 $210,000 $105,000 $3,131 4.18%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,945 5.49%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $205,000 $205,000 $2,251 3.63%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $205,000 $68,333 $395 4.16%
Natchitoches, LA (FHA|USDA|VA) 2 $200,000 $100,000 $0 3.74%
Cullowhee, NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,292 3.00%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 3 $195,000 $65,000 $395 3.57%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $195,000 $195,000 $0 2.74%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $195,000 $195,000 $1,828 2.25%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $190,000 $95,000 $0 3.37%
TYLER, TX (FHA|USDA|VA) 2 $190,000 $95,000 $0 3.24%
Cordele, GA (FHA|USDA|VA) 1 $185,000 $185,000 $3,358 4.25%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $185,000 $185,000 $3,776 4.63%
Elizabeth City, NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,506 3.75%
PITTSBURGH, PA (FHA|USDA|VA) 3 $185,000 $61,667 $1,741 4.08%
Ashland, OH (FHA|USDA|VA) 1 $185,000 $185,000 $3,023 3.25%
DOVER, DE (FHA|USDA|VA) 1 $185,000 $185,000 $3,621 3.13%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $180,000 $90,000 $0 2.74%
Jacksonville, TX (FHA|USDA|VA) 2 $180,000 $90,000 $0 3.24%
ROCKY MOUNT, NC (FHA|USDA|VA) 2 $180,000 $90,000 $2,709 4.31%
Torrington, CT (FHA|USDA|VA) 2 $180,000 $90,000 $2,290 3.93%
STOCKTON, CA (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.24%
Bonham, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.99%
Clovis, NM (FHA|USDA|VA) 1 $175,000 $175,000 $3,067 3.75%
North Platte, NE (FHA|USDA|VA) 1 $175,000 $175,000 $3,272 4.63%
Wahpeton, ND-MN (FHA|USDA|VA) 3 $175,000 $58,333 $0 3.66%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $170,000 $85,000 $2,831 6.31%
MODESTO, CA (FHA|USDA|VA) 2 $170,000 $85,000 $2,434 3.75%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.24%
Sturgis, MI (FHA|USDA|VA) 1 $165,000 $165,000 $3,346 5.00%
Mexico, MO (FHA|USDA|VA) 1 $165,000 $165,000 $2,667 3.75%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $165,000 $165,000 $3,658 2.63%
LAWRENCE, KS (FHA|USDA|VA) 1 $165,000 $165,000 $0 2.74%
Owatonna, MN (FHA|USDA|VA) 1 $165,000 $165,000 $2,814 4.00%
ROCKFORD, IL (FHA|USDA|VA) 1 $165,000 $165,000 $0 4.24%
Stephenville, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 2.74%
YAKIMA, WA (FHA|USDA|VA) 2 $150,000 $75,000 $0 4.62%
GOLDSBORO, NC (FHA|USDA|VA) 1 $145,000 $145,000 $2,386 2.13%
FORT WAYNE, IN (FHA|USDA|VA) 2 $140,000 $70,000 $395 5.87%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $140,000 $70,000 $0 3.99%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.74%
Bozeman, MT (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.74%
THE VILLAGES, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,949 2.88%
ALTOONA, PA (FHA|USDA|VA) 1 $135,000 $135,000 $3,391 2.25%
Oskaloosa, IA (FHA|USDA|VA) 2 $130,000 $65,000 $0 4.27%
Lufkin, TX (FHA|USDA|VA) 1 $125,000 $125,000 $4,926 5.50%
Sedalia, MO (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.25%
Traverse City, MI (FHA|USDA|VA) 1 $125,000 $125,000 $0 3.24%
JACKSON, TN (FHA|USDA|VA) 3 $125,000 $41,667 $0 3.41%
Lebanon, NH-VT (FHA|USDA|VA) 1 $125,000 $125,000 $0 2.74%
Wooster, OH (FHA|USDA|VA) 2 $120,000 $60,000 $3,158 3.00%
Ottawa, IL (FHA|USDA|VA) 2 $120,000 $60,000 $4,179 4.62%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $115,000 $115,000 $0 3.24%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $115,000 $115,000 $2,742 3.99%
Newberry, SC (FHA|USDA|VA) 1 $115,000 $115,000 $0 2.99%
Garden City, KS (FHA|USDA|VA) 2 $110,000 $55,000 $0 4.62%
Martin, TN (FHA|USDA|VA) 1 $105,000 $105,000 $2,651 3.63%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.74%
Mitchell, SD (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.74%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.99%
Sikeston, MO (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.99%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.74%
Sterling, CO (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.24%
EL CENTRO, CA (FHA|USDA|VA) 2 $100,000 $50,000 $395 5.37%
Burlington, IA-IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,855 2.50%
ROCHESTER, NY (FHA|USDA|VA) 1 $95,000 $95,000 $0 2.74%
TOPEKA, KS (FHA|USDA|VA) 1 $95,000 $95,000 $2,524 5.88%
Hudson, NY (FHA|USDA|VA) 1 $95,000 $95,000 $0 3.49%
North Wilkesboro, NC (FHA|USDA|VA) 2 $90,000 $45,000 $2,934 6.87%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 2 $90,000 $45,000 $0 3.24%
Albemarle, NC (FHA|USDA|VA) 1 $85,000 $85,000 $0 2.74%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $85,000 $85,000 $0 3.74%
Ponca City, OK (FHA|USDA|VA) 1 $85,000 $85,000 $0 3.74%
Berlin, NH (FHA|USDA|VA) 2 $80,000 $40,000 $2,027 6.75%
POCATELLO, ID (FHA|USDA|VA) 1 $75,000 $75,000 $395 4.74%
Paris, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.49%
Fernley, NV (FHA|USDA|VA) 1 $75,000 $75,000 $0 2.74%
Gaffney, SC (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.24%
NILES, MI (FHA|USDA|VA) 1 $75,000 $75,000 $0 2.74%
Jasper, IN (FHA|USDA|VA) 1 $75,000 $75,000 $2,167 3.63%
APPLETON, WI (FHA|USDA|VA) 1 $75,000 $75,000 $0 2.74%
Murray, KY (FHA|USDA|VA) 2 $70,000 $35,000 $0 5.62%
SALINAS, CA (FHA|USDA|VA) 1 $65,000 $65,000 $395 4.24%
Plattsburgh, NY (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.99%
Freeport, IL (FHA|USDA|VA) 1 $65,000 $65,000 $0 3.24%
VICTORIA, TX (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.49%
Madisonville, KY (FHA|USDA|VA) 1 $65,000 $65,000 $3,450 3.13%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.99%
Batesville, AR (FHA|USDA|VA) 2 $60,000 $30,000 $1,483 4.81%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.24%
Rockingham, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.24%
Rock Springs, WY (FHA|USDA|VA) 1 $55,000 $55,000 $395 6.99%
Natchez, MS-LA (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.74%
McComb, MS (FHA|USDA|VA) 1 $55,000 $55,000 $3,192 4.88%
Jamestown, ND (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.99%
Henderson, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.74%
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.74%
COLUMBIA, SC (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.99%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $55,000 $55,000 $395 6.24%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.74%
Watertown, SD (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.24%
Barre, VT (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.74%
Auburn, NY (FHA|USDA|VA) 1 $55,000 $55,000 $395 4.99%
ANN ARBOR, MI (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.74%
Rochelle, IL (FHA|USDA|VA) 2 $50,000 $25,000 $395 4.74%
Taylorville, IL (FHA|USDA|VA) 1 $45,000 $45,000 $2,827 3.63%
PINE BLUFF, AR (FHA|USDA|VA) 1 $45,000 $45,000 $395 4.74%
Big Rapids, MI (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.74%
TOLEDO, OH (FHA|USDA|VA) 1 $35,000 $35,000 $395 3.99%
Mayfield, KY (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.99%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $35,000 $35,000 $395 5.99%
Athens, TX (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.74%
Manitowoc, WI (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.49%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.74%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $25,000 $25,000 $0 2.99%
Hutchinson, KS (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.49%
Corsicana, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 3.99%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.24%
CaƱon City, CO (FHA|USDA|VA) 1 $25,000 $25,000 $0 2.74%
Point Pleasant, WV-OH (FHA|USDA|VA) 1 $15,000 $15,000 $395 5.24%
TWIN FALLS, ID (FHA|USDA|VA) 1 $15,000 $15,000 $395 5.74%
Pittsburg, KS (FHA|USDA|VA) 1 $15,000 $15,000 $0 6.99%
Deere Employees Credit Union's top markets include Davenport, Portland, Des Moines, Waterloo, and Raleigh among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,841 $402,155,000 $218,444 $2,440 3.74%
    HELOC 1,813 $153,625,000 $84,735 n/a 4.19%

    For 2022, Deere Employees Credit Union's most frequently originated type of loan was Conventional, with 1,841 originations. Their 2nd most popular type was HELOC, with 1,813 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,355 $299,735,000 $221,207 $2,836 4.04%
    Cash Out Refi 777 $118,915,000 $153,044 $2,473 3.80%
    Home Improvement 611 $48,305,000 $79,059 $429 4.09%
    Other 524 $45,450,000 $86,737 $704 4.07%
    Refi 387 $43,375,000 $112,080 $2,126 3.66%

    For 2022, Deere Employees Credit Union's most frequently cited loan purpose was Home Purchase, with 1,355 originations. The 2nd most popular reason was Cash Out Refi, with 777 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 1,465 $113,965,000 $77,792 $2,302 4.20%
    30 Year 1,280 $345,830,000 $270,180 $2,923 3.58%
    10 Year 598 $53,840,000 $90,033 $343 4.46%
    15 Year 192 $28,870,000 $150,365 $2,954 3.31%
    5 Year 70 $2,820,000 $40,286 $254 4.01%
    20 Year 49 $10,455,000 $213,367 $3,144 3.44%

    For 2022, Deere Employees Credit Union's most frequently cited loan duration was Other, with 1,465 originations. The 2nd most popular length was 30 Year, with 1,280 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,623 $361,695,000 $222,856
    $1k-2k 134 $23,160,000 $172,836
    $2k-3k 30 $6,810,000 $227,000
    $3k-4k 14 $2,720,000 $194,286
    $4k-5k 8 $2,340,000 $292,500
    $5k+ 6 $2,160,000 $360,000

    Deere Employees Credit Union's average total fees were $2,923, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,623 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,299 $210,505,000 $162,052
    4-5% 710 $96,280,000 $135,606
    2.5-3% 672 $103,600,000 $154,167
    5-6% 471 $50,205,000 $106,592
    <2.5% 303 $81,655,000 $269,488
    6-7% 162 $11,670,000 $72,037
    7-8% 27 $1,555,000 $57,593
    Over 8% 10 $310,000 $31,000

    During 2022, Deere Employees Credit Union's average interest rate for loans was 3.58%, while their most frequently originated rate bucket for loans was 3-4%, with 1,299 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,704 $88,920,000 $52,183 $1,017 4.31%
    $100k-200k 972 $135,710,000 $139,619 $2,560 3.80%
    $200k-400k 750 $206,830,000 $275,773 $2,924 3.58%
    $400k-600k 181 $86,485,000 $477,818 $3,503 3.38%
    $600k-1MM 38 $27,060,000 $712,105 $3,920 3.27%
    $1MM+ 9 $10,775,000 $1,197,222 $5,481 3.15%

    2022 saw Deere Employees Credit Union place emphasis on $100,000 or less loans with 1,704 originations, totaling $88,920,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,116 $176,880,000 $158,495 $2,516 3.92%
    $75k-100k 713 $89,085,000 $124,944 $2,405 3.97%
    $150k-250k 669 $138,295,000 $206,719 $2,674 3.78%
    $50k-75k 662 $63,740,000 $96,284 $2,222 4.18%
    $50k or less 229 $16,415,000 $71,681 $1,773 4.22%
    $250k+ 198 $62,120,000 $313,737 $3,199 3.87%

    Deere Employees Credit Union lent most frequently to those with incomes in the $100k-150k range, with 1,116 originations. The second most popular income band? $75k-100k, with 713 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 839 $128,145,000 $152,735 $2,570 3.79%
    30-36% 677 $110,045,000 $162,548 $2,508 3.90%
    <20% 374 $54,790,000 $146,497 $2,411 3.86%
    49% 174 $21,070,000 $121,092 $1,974 4.30%
    36% 126 $22,630,000 $179,603 $2,494 4.11%
    38% 124 $20,440,000 $164,839 $2,439 3.92%
    41% 123 $17,595,000 $143,049 $2,361 4.16%
    48% 121 $15,495,000 $128,058 $2,069 4.40%
    42% 119 $17,075,000 $143,487 $2,362 3.94%
    44% 118 $18,850,000 $159,746 $2,343 3.92%
    45% 110 $18,240,000 $165,818 $2,529 3.92%
    47% 109 $15,045,000 $138,028 $2,161 4.18%
    46% 109 $15,455,000 $141,789 $2,523 4.11%
    39% 108 $15,850,000 $146,759 $2,106 3.88%
    40% 106 $14,790,000 $139,528 $2,361 4.13%
    50-60% 104 $12,810,000 $123,173 $2,597 4.00%
    37% 102 $18,300,000 $179,412 $2,986 4.09%
    43% 93 $17,085,000 $183,710 $2,594 4.21%
    >60% 16 $2,020,000 $126,250 $860 4.58%

    Deere Employees Credit Union lent most frequently to those with DTI ratios of 20-30%, with 839 originations. The next most common DTI ratio? 30-36%, with 677 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,619 $401,875,000 $153,446 $2,478 3.87%
    Not provided 833 $116,525,000 $139,886 $2,257 4.24%
    Asian 54 $15,950,000 $295,370 $3,047 3.66%
    Black 95 $13,705,000 $144,263 $2,572 4.30%
    American Indian 26 $4,320,000 $166,154 $2,086 4.22%
    Asian Indian 17 $2,285,000 $134,412 $2,110 4.21%
    Other Asian 3 $385,000 $128,333 $0 3.16%
    Vietnamese 2 $270,000 $135,000 $395 3.87%
    Native Hawaiian or Islander 2 $250,000 $125,000 $2,284 3.56%
    Korean 2 $160,000 $80,000 $0 5.37%
    Filipino 1 $55,000 $55,000 $0 4.74%

    Approval Rates

    Total approvals of all applications
    89.11%

    Deere Employees Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.50%

    Deere Employees Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,654 $555,780,000 $152,102

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,654 $555,780,000 $152,102

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 861 $87,595,000 $101,736 $1,156 4.15%
    40-60% 294 $52,650,000 $179,082 $2,978 3.79%
    60-80% 748 $193,690,000 $258,944 $2,842 3.56%
    80-100% 616 $160,620,000 $260,747 $2,958 3.59%
    Under 20% 1,134 $61,200,000 $53,968 $360 4.34%