Connexus Credit Union Mortgage Rates, Fees & Info
Wausau, WILEI: 2549007AU24FVDMNUB40
Tax ID: 39-0263945
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Connexus Credit Union is a smaller credit union specializing in Home Improvement and Home Purchase loans. Connexus Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Minneapolis, Wausau, New York, Chicago, and Boston among others. We have data for 162 markets. (Some data included below & more in-depth data is available with an active subscription.)Connexus Credit Union has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Connexus 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.
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) | 6.89% | 4/5/25 |
| 30 Year Conventional Purchase | 7.39% | 4/5/25 |
| 30 Year Conventional Refi | 7.05% | 4/5/25 |
| 30 Year Cash-out Refi | 6.92% | 4/5/25 |
| 15 Year Conventional Purchase | 6.29% | 4/5/25 |
| 15 Year Conventional Refi | 8.55% | 4/5/25 |
| 15 Year Cash-out Refi | 8.55% | 4/5/25 |
| 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. | ||
Connexus Credit Union Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Connexus 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
776Origination Dollar Volume (All Markets)
$91,750,000Awards
Connexus Credit Union - 2024
Connexus Credit Union is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Connexus Credit Union's average 30 year fixed mortgage rate was
6.45%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -0.1%.
Relative Fees (Closing Costs)
Connexus Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $2,940.
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 $8,356.
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 112 | $10,910,000 | $97,411 | $1,451 | 6.81% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 70 | $7,360,000 | $105,143 | $1,004 | 6.72% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 44 | $4,590,000 | $104,318 | $1,145 | 6.73% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 25 | $3,565,000 | $142,600 | $1,586 | 6.84% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 30 | $3,110,000 | $103,667 | $1,293 | 6.74% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 12 | $3,100,000 | $258,333 | $2,734 | 6.58% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 30 | $3,020,000 | $100,667 | $1,433 | 6.82% |
| MADISON, WI (FHA|USDA|VA) | 24 | $2,830,000 | $117,917 | $1,251 | 6.56% |
| ROCKFORD, IL (FHA|USDA|VA) | 36 | $2,430,000 | $67,500 | $1,107 | 6.63% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 5 | $2,185,000 | $437,000 | $3,190 | 6.19% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 7 | $2,125,000 | $303,571 | $3,664 | 6.38% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 14 | $2,050,000 | $146,429 | $2,140 | 6.47% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 11 | $2,005,000 | $182,273 | $901 | 7.04% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 11 | $1,765,000 | $160,455 | $195 | 6.76% |
| Baraboo, WI (FHA|USDA|VA) | 14 | $1,600,000 | $114,286 | $1,208 | 6.97% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 10 | $1,570,000 | $157,000 | $3,003 | 6.67% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 6 | $1,450,000 | $241,667 | $5,835 | 6.16% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 15 | $1,405,000 | $93,667 | $967 | 7.20% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 16 | $1,240,000 | $77,500 | $812 | 6.77% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 8 | $1,140,000 | $142,500 | $2,226 | 6.64% |
| Stevens Point, WI (FHA|USDA|VA) | 13 | $1,095,000 | $84,231 | $1,039 | 6.54% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 4 | $1,080,000 | $270,000 | $4,687 | 6.61% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 7 | $1,015,000 | $145,000 | $558 | 6.81% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $970,000 | $485,000 | $3,122 | 7.19% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 7 | $965,000 | $137,857 | $1,402 | 6.75% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $920,000 | $460,000 | $6,719 | 6.31% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 9 | $905,000 | $100,556 | $811 | 7.02% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 5 | $785,000 | $157,000 | $2,801 | 6.50% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 5 | $765,000 | $153,000 | $0 | 6.49% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $764 | 6.84% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $3,683 | 6.32% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $2,763 | 6.24% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 5 | $635,000 | $127,000 | $1,903 | 6.90% |
| Marinette, WI-MI (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $4,295 | 6.54% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 6 | $600,000 | $100,000 | $1,455 | 6.68% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $600,000 | $100,000 | $1,469 | 6.32% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 7 | $575,000 | $82,143 | $963 | 6.56% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $2,205 | 6.49% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 5 | $495,000 | $99,000 | $941 | 6.53% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $910 | 6.87% |
| ROCHESTER, NY (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $2,041 | 6.99% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $2,755 | 5.99% |
| Brainerd, MN (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $1,630 | 6.64% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $357 | 7.49% |
| LOUISVILLE, KY (FHA|USDA|VA) | 6 | $440,000 | $73,333 | $312 | 7.47% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $1,520 | 7.29% |
| Palatka, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $6,828 | 6.24% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,117 | 6.75% |
| GAINESVILLE, GA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 6.49% |
| Shawano, WI (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $1,604 | 6.49% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $4,785 | 6.89% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 6.49% |
| RACINE, WI (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $307 | 6.82% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 5 | $275,000 | $55,000 | $195 | 6.69% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $0 | 6.32% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $0 | 6.82% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $260,000 | $65,000 | $631 | 7.53% |
| Evanston, WY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,070 | 6.49% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,602 | 6.63% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,477 | 6.79% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 6.49% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,426 | 6.54% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 6.49% |
| Galesburg, IL (FHA|USDA|VA) | 5 | $215,000 | $43,000 | $1,217 | 6.34% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 5.99% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,554 | 6.29% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 4.49% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 6.49% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 6.49% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 6.49% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,659 | 6.94% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 6.49% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 6.24% |
| MERCED, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 6.49% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,874 | 6.59% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $327 | 7.62% |
| MODESTO, CA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 6.49% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,045 | 6.74% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.49% |
| Keene, NH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.99% |
| Brevard, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.49% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 5.99% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 5.99% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 6.99% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 6.49% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $2,294 | 7.64% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 3 | $135,000 | $45,000 | $871 | 6.74% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 6.49% |
| TULSA, OK (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 5.99% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.49% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,787 | 6.74% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.49% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.99% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $256 | 8.19% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 6.99% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,159 | 7.24% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,545 | 6.99% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 6.99% |
| Owatonna, MN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,289 | 6.74% |
| MANKATO, MN (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $302 | 8.27% |
| Rochelle, IL (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $977 | 7.52% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.49% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.99% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $365 | 8.49% |
| READING, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $292 | 8.99% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 5.99% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.49% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 5.99% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.99% |
| BINGHAMTON, NY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.49% |
| Tupelo, MS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.46% |
| Bennington, VT (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.49% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.99% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.99% |
| Alexandria, MN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.49% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.49% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $327 | 8.99% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.49% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,658 | 6.38% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $845 | 6.74% |
| Martin, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $277 | 9.44% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,608 | 6.79% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.49% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $272 | 8.99% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.49% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $262 | 9.49% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,347 | 6.74% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $265 | 7.49% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.49% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.49% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $182 | 7.49% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 5.99% |
| Findlay, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.49% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $291 | 7.49% |
| DALTON, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $205 | 6.49% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $221 | 7.49% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $252 | 6.49% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.99% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.49% |
| Minot, ND (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.49% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.49% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $567 | 8.49% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.99% |
| AKRON, OH (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 6.49% |
| Peru, IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $325 | 8.39% |
| WHEELING, WV-OH (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $387 | 9.24% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 5.99% |
| Marion, OH (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,451 | 7.45% |
| Sterling, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $272 | 6.49% |
| Marquette, MI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $272 | 7.49% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.49% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.49% |
| FLINT, MI (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 6.49% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 6.99% |
| NAPA, CA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $202 | 7.74% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 6.49% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 5.99% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 6.49% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $361 | 8.39% |
| Outside of Metro Areas | 1 | $25,000 | $25,000 | $0 | 6.49% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $305 | 8.39% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $280 | 7.39% |
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Similarity Rank: 936
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 427 | $41,765,000 | $97,810 | n/a | 6.45% |
| Conventional | 349 | $49,985,000 | $143,223 | $1,415 | 7.15% |
For 2024, Connexus Credit Union's most frequently originated type of loan was HELOC, with 427 originations. Their 2nd most popular type was Conventional, with 349 originations.
Loan Reason
For 2024, Connexus Credit Union's most frequently cited loan purpose was Home Improvement, with 298 originations. The 2nd most popular reason was Other, with 218 originations.
Loan Duration/Length
For 2024, Connexus Credit Union's most frequently cited loan duration was 30 Year, with 546 originations. The 2nd most popular length was 10 Year, with 103 originations.
Origination Fees/Closing Costs
Connexus Credit Union's average total fees were $2,940, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 336 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 498 | $62,070,000 | $124,639 |
| 5-6% | 125 | $19,035,000 | $152,280 |
| 7-8% | 92 | $6,370,000 | $69,239 |
| Over 8% | 60 | $4,070,000 | $67,833 |
| 4-5% | 1 | $205,000 | $205,000 |
During 2024, Connexus Credit Union's average interest rate for loans was 6.45%, while their most frequently originated rate bucket for loans was 6-7%, with 498 originations.
Loan Sizing
2024 saw Connexus Credit Union place emphasis on $100,000 or less loans with 503 originations, totaling $30,235,000 in origination value.
Applicant Income
Connexus Credit Union lent most frequently to those with incomes in the $150k-250k range, with 236 originations. The second most popular income band? $100k-150k, with 206 originations.
Applicant Debt to Income Ratio
Connexus Credit Union lent most frequently to those with DTI ratios of 30-36%, with 224 originations. The next most common DTI ratio? 20-30%, with 180 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications51.98%
Connexus Credit Union has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination49.48%
Connexus Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 776 | $91,750,000 | $118,235 |