University Of Hawaii Federal Credit Union Mortgage Rates, Fees & Info

Honolulu, HI

LEI: 2549006P8VW9SIT9YP64

Tax ID: 99-0087313

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    University Of Hawaii Federal Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. University Of Hawaii Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Urban Honolulu, Kahului, and Hilo among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

    University Of Hawaii Federal 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. University Of Hawaii Federal Credit Union is typically a high 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.05% 12/16/24
    30 Year Cash-out Refi 6.16% 12/16/24
    15 Year Conventional Purchase 5.68% 12/16/24
    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.

    University Of Hawaii Federal Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from University Of Hawaii Federal 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

    50

    Origination Dollar Volume (All Markets)

    $21,890,000

    Awards

    University of Hawaii Federal Credit Union 30 Year Conventional Loans gold University of Hawaii Federal Credit Union 30 Year Conventional Loans gold
    Show all (2) 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
    URBAN HONOLULU, HI (FHA|USDA|VA) 46 $20,340,000 $442,174 $8,535 3.88%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 2 $980,000 $490,000 $9,181 4.06%
    Hilo, HI (FHA|USDA|VA) 2 $570,000 $285,000 $6,175 3.69%
    University Of Hawaii Federal Credit Union's top markets include Urban Honolulu, Kahului, and Hilo among others.

    Their top states include:
  • Hawaii (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against University of Hawaii Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    ALOHA PACIFIC
    Similarity Rank: 37
    Hawaii Central FCU
    Similarity Rank: 51
    University of Hawaii Federal Credit Union
    Similarity Rank: 123
    HAWAIIAN FINANCIAL
    Similarity Rank: 162
    HAWAII STATE FEDERAL CREDIT UNION
    Similarity Rank: 196
    Central Pacific Bank
    Similarity Rank: 215
    Territorial Savings Bank
    Similarity Rank: 228
    American Savings Bank, FSB
    Similarity Rank: 232
    First Hawaiian Bank
    Similarity Rank: 280
    COMPASS HOME LOANS, LLC
    Similarity Rank: 300

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 50 $21,890,000 $437,800 $8,465 3.88%

    For 2018, University Of Hawaii Federal Credit Union's most frequently originated type of loan was Conventional, with 50 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 33 $15,235,000 $461,667 $8,974 3.69%
    Home Purchase 17 $6,655,000 $391,471 $7,416 4.26%

    For 2018, University Of Hawaii Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 33 originations. The 2nd most popular reason was Home Purchase, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 44 $21,240,000 $482,727 $9,117 3.70%
    15 Year 5 $545,000 $109,000 $2,596 5.45%
    10 Year 1 $105,000 $105,000 $3,256 4.13%

    For 2018, University Of Hawaii Federal Credit Union's most frequently cited loan duration was 30 Year, with 44 originations. The 2nd most popular length was 15 Year, with 5 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 23 $14,975,000 $651,087
    $4k-5k 8 $2,900,000 $362,500
    $3k-4k 7 $1,885,000 $269,286
    $2k-3k 5 $1,035,000 $207,000
    $<1k 4 $860,000 $215,000
    $1k-2k 2 $170,000 $85,000

    University Of Hawaii Federal Credit Union's average total fees were $9,117, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 23 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 36 $15,270,000 $424,167
    4-5% 10 $6,250,000 $625,000
    6-7% 3 $155,000 $51,667
    2.5-3% 1 $215,000 $215,000

    During 2018, University Of Hawaii Federal Credit Union's average interest rate for loans was 3.70%, while their most frequently originated rate bucket for loans was 3-4%, with 36 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 18 $5,340,000 $296,667 $6,811 3.65%
    $400k-600k 16 $7,990,000 $499,375 $9,067 3.60%
    $600k-1MM 5 $3,485,000 $697,000 $12,722 3.75%
    $100,000 or less 4 $220,000 $55,000 $1,794 5.94%
    $100k-200k 4 $600,000 $150,000 $4,386 3.91%
    $1MM+ 3 $4,255,000 $1,418,333 $20,198 4.21%

    2018 saw University Of Hawaii Federal Credit Union place emphasis on $200k-400k loans with 18 originations, totaling $5,340,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 16 $9,930,000 $620,625 $10,693 3.73%
    $100k-150k 15 $5,835,000 $389,000 $7,629 3.83%
    $75k-100k 8 $1,920,000 $240,000 $5,724 4.41%
    $50k-75k 5 $1,405,000 $281,000 $7,340 3.88%
    $250k+ 3 $2,105,000 $701,667 $11,815 3.58%
    $50k or less 2 $630,000 $315,000 $6,788 3.75%

    University Of Hawaii Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 16 originations. The second most popular income band? $100k-150k, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 18 $8,080,000 $448,889 $8,700 4.05%
    20-30% 11 $3,595,000 $326,818 $7,344 3.72%
    50-60% 7 $4,945,000 $706,429 $11,783 3.86%
    <20% 5 $1,385,000 $277,000 $6,534 3.53%
    48% 2 $1,110,000 $555,000 $10,159 3.69%
    38% 2 $790,000 $395,000 $7,711 4.00%
    42% 1 $235,000 $235,000 $3,077 3.50%
    40% 1 $45,000 $45,000 $917 6.13%
    49% 1 $575,000 $575,000 $9,618 3.50%
    43% 1 $725,000 $725,000 $11,987 3.75%
    41% 1 $405,000 $405,000 $9,616 3.50%

    University Of Hawaii Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 18 originations. The next most common DTI ratio? 20-30%, with 11 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 16 $9,840,000 $615,000 $11,013 3.73%
    Asian 23 $7,345,000 $319,348 $6,998 4.13%
    Not provided 4 $2,440,000 $610,000 $8,929 3.66%
    Native Hawaiian or Islander 5 $1,955,000 $391,000 $7,938 3.40%
    Japanese 2 $310,000 $155,000 $4,617 4.00%

    Approval Rates

    Total approvals of all applications
    96.61%

    University Of Hawaii Federal Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    86.00%

    University Of Hawaii Federal Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 50 $21,890,000 $437,800

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 50 $21,890,000 $437,800

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $1,670,000 $417,500 $8,360 3.50%
    40-60% 12 $5,040,000 $420,000 $8,921 3.73%
    60-80% 17 $9,845,000 $579,118 $9,810 3.68%
    80-100% 9 $4,475,000 $497,222 $9,199 3.81%
    Under 20% 8 $860,000 $107,500 $3,534 4.81%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    University Lending Group, LLC Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%