Connexus Credit Union Mortgage Rates, Fees & Info

Wausau, WI

LEI: 2549007AU24FVDMNUB40

Tax ID: 39-0263945

Latest/2023 | 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 Other and Home Purchase loans. Connexus Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Minneapolis, Los Angeles, Wausau, Portland, and San Francisco among others. We have data for 145 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 relatively high rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.72% 12/16/24
30 Year Conventional Refi 6.60% 12/16/24
15 Year Conventional Purchase 6.50% 12/16/24
15 Year Conventional Refi 6.04% 12/16/24
15 Year Cash-out Refi 6.04% 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.

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

816

Origination Dollar Volume (All Markets)

$87,030,000

Awards

Connexus Credit Union 30 Year Conventional Loans gold Connexus Credit Union 30 Year Conventional Loans bronze
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
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 91 $10,765,000 $118,297 $1,061 5.03%
Outside of Metro Areas 48 $8,780,000 $182,917 $2,111 4.48%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 44 $6,530,000 $148,409 $1,027 5.77%
WAUSAU-WESTON, WI (FHA|USDA|VA) 66 $6,400,000 $96,970 $1,236 4.73%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 62 $5,720,000 $92,258 $345 5.83%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 29 $3,375,000 $116,379 $392 5.83%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 19 $2,355,000 $123,947 $925 5.14%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 10 $2,300,000 $230,000 $2,874 5.57%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 28 $2,120,000 $75,714 $548 5.74%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 14 $2,000,000 $142,857 $759 5.66%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 17 $1,565,000 $92,059 $456 5.99%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 18 $1,460,000 $81,111 $351 6.17%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 18 $1,460,000 $81,111 $487 5.55%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 14 $1,440,000 $102,857 $624 5.86%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 17 $1,265,000 $74,412 $392 5.98%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 15 $1,235,000 $82,333 $1,314 4.56%
Stevens Point, WI (FHA|USDA|VA) 13 $1,215,000 $93,462 $1,009 4.93%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 12 $1,210,000 $100,833 $979 5.10%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 12 $1,160,000 $96,667 $464 5.76%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 8 $1,140,000 $142,500 $0 5.87%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 12 $1,110,000 $92,500 $370 5.80%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $1,070,000 $178,333 $4,998 4.85%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 6 $930,000 $155,000 $2,927 5.41%
STOCKTON, CA (FHA|USDA|VA) 7 $915,000 $130,714 $1,400 5.65%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 13 $825,000 $63,462 $553 5.49%
TUCSON, AZ (FHA|USDA|VA) 6 $820,000 $136,667 $1,498 5.62%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $715,000 $238,333 $3,299 4.99%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 10 $650,000 $65,000 $580 5.68%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $565,000 $565,000 $16,869 4.13%
Bozeman, MT (FHA|USDA|VA) 4 $520,000 $130,000 $0 5.68%
BEND, OR (FHA|USDA|VA) 3 $495,000 $165,000 $0 5.32%
SALEM, OR (FHA|USDA|VA) 5 $485,000 $97,000 $1,610 6.14%
FRESNO, CA (FHA|USDA|VA) 4 $410,000 $102,500 $611 5.99%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $385,000 $128,333 $1,357 4.91%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $370,000 $185,000 $1,270 5.00%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 3 $355,000 $118,333 $0 6.07%
GREEN BAY, WI (FHA|USDA|VA) 4 $340,000 $85,000 $863 5.15%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 5 $335,000 $67,000 $420 6.29%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $315,000 $315,000 $2,797 3.50%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $305,000 $101,667 $0 5.74%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $305,000 $305,000 $2,605 3.13%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $300,000 $75,000 $445 6.30%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $295,000 $98,333 $304 5.91%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $285,000 $285,000 $2,358 3.63%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $260,000 $130,000 $2,528 5.50%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 5 $255,000 $51,000 $501 5.39%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $245,000 $245,000 $4,045 3.63%
ASHEVILLE, NC (FHA|USDA|VA) 1 $235,000 $235,000 $4,785 3.75%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 4 $220,000 $55,000 $279 6.05%
Show Low, AZ (FHA|USDA|VA) 2 $220,000 $110,000 $2,433 5.25%
COLUMBUS, OH (FHA|USDA|VA) 2 $220,000 $110,000 $0 6.24%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $220,000 $110,000 $0 5.99%
Atchison, KS (FHA|USDA|VA) 1 $215,000 $215,000 $9,043 4.50%
Traverse City, MI (FHA|USDA|VA) 1 $215,000 $215,000 $2,203 4.38%
CORVALLIS, OR (FHA|USDA|VA) 2 $210,000 $105,000 $0 5.87%
Fernley, NV (FHA|USDA|VA) 1 $205,000 $205,000 $2,705 3.88%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $205,000 $68,333 $437 5.82%
ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $195,000 $39,000 $475 5.89%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $195,000 $195,000 $2,382 4.50%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $190,000 $95,000 $0 5.87%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $180,000 $90,000 $1,275 4.25%
MANHATTAN, KS (FHA|USDA|VA) 1 $175,000 $175,000 $1,476 4.13%
Athens, OH (FHA|USDA|VA) 1 $175,000 $175,000 $4,084 4.63%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 4 $170,000 $42,500 $262 6.16%
GAINESVILLE, GA (FHA|USDA|VA) 1 $165,000 $165,000 $522 5.49%
Kalispell, MT (FHA|USDA|VA) 2 $160,000 $80,000 $0 5.87%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $160,000 $80,000 $0 5.87%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $155,000 $51,667 $169 5.16%
LOUISVILLE, KY (FHA|USDA|VA) 3 $155,000 $51,667 $589 6.61%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $155,000 $155,000 $2,366 3.50%
Brainerd, MN (FHA|USDA|VA) 2 $150,000 $75,000 $329 4.99%
MISSOULA, MT (FHA|USDA|VA) 2 $150,000 $75,000 $821 6.37%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $145,000 $145,000 $4,074 4.38%
MEDFORD, OR (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.49%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $140,000 $70,000 $461 5.49%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $130,000 $65,000 $1,239 6.44%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $130,000 $65,000 $1,548 4.93%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $130,000 $65,000 $1,775 5.81%
New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $125,000 $125,000 $2,684 4.25%
AKRON, OH (FHA|USDA|VA) 3 $125,000 $41,667 $1,002 5.04%
Key West, FL (FHA|USDA|VA) 1 $125,000 $125,000 $881 5.49%
FORT COLLINS, CO (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.24%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $125,000 $125,000 $902 5.25%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $120,000 $60,000 $2,536 5.00%
FLAGSTAFF, AZ (FHA|USDA|VA) 2 $110,000 $55,000 $333 5.99%
NAPA, CA (FHA|USDA|VA) 2 $110,000 $55,000 $303 5.49%
PITTSBURGH, PA (FHA|USDA|VA) 2 $100,000 $50,000 $258 5.49%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $95,000 $95,000 $520 4.25%
GAINESVILLE, FL (FHA|USDA|VA) 1 $95,000 $95,000 $754 6.49%
Sevierville, TN (FHA|USDA|VA) 1 $95,000 $95,000 $0 6.24%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $95,000 $95,000 $696 5.49%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 3 $95,000 $31,667 $271 5.32%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $95,000 $31,667 $267 5.41%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $85,000 $85,000 $1,779 3.50%
ROCHESTER, NY (FHA|USDA|VA) 1 $85,000 $85,000 $520 4.50%
Shawano, WI (FHA|USDA|VA) 2 $80,000 $40,000 $93 4.50%
New Castle, PA (FHA|USDA|VA) 2 $80,000 $40,000 $306 4.92%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $75,000 $75,000 $405 5.49%
Jefferson, GA (FHA|USDA|VA) 1 $75,000 $75,000 $1,999 5.95%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $75,000 $75,000 $280 6.49%
CHARLESTON, WV (FHA|USDA|VA) 1 $75,000 $75,000 $296 5.99%
Mount Vernon, OH (FHA|USDA|VA) 1 $75,000 $75,000 $701 6.49%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $75,000 $75,000 $2,648 3.63%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.99%
MODESTO, CA (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.24%
Sonora, CA (FHA|USDA|VA) 1 $65,000 $65,000 $327 5.99%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $65,000 $65,000 $280 5.49%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $60,000 $30,000 $231 5.74%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $60,000 $30,000 $290 5.49%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $55,000 $55,000 $390 4.99%
MADISON, WI (FHA|USDA|VA) 1 $55,000 $55,000 $250 5.49%
Port Angeles, WA (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.74%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $55,000 $55,000 $352 4.49%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $55,000 $55,000 $236 4.99%
OCALA, FL (FHA|USDA|VA) 1 $55,000 $55,000 $1,834 5.95%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $45,000 $45,000 $280 5.99%
MOBILE, AL (FHA|USDA|VA) 1 $45,000 $45,000 $755 5.99%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $45,000 $45,000 $702 5.49%
LIMA, OH (FHA|USDA|VA) 1 $45,000 $45,000 $757 6.49%
Klamath Falls, OR (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.24%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $45,000 $45,000 $254 5.49%
TOLEDO, OH (FHA|USDA|VA) 1 $45,000 $45,000 $217 5.49%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $45,000 $45,000 $281 6.49%
WICHITA, KS (FHA|USDA|VA) 1 $45,000 $45,000 $450 6.49%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $45,000 $45,000 $798 5.65%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $40,000 $20,000 $553 5.74%
EL CENTRO, CA (FHA|USDA|VA) 1 $35,000 $35,000 $290 5.49%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $35,000 $35,000 $757 6.49%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $35,000 $35,000 $280 4.49%
TULSA, OK (FHA|USDA|VA) 1 $35,000 $35,000 $328 6.49%
MONTGOMERY, AL (FHA|USDA|VA) 1 $35,000 $35,000 $352 4.99%
LINCOLN, NE (FHA|USDA|VA) 1 $35,000 $35,000 $425 4.99%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $35,000 $35,000 $326 5.49%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $35,000 $35,000 $390 5.99%
YUBA CITY, CA (FHA|USDA|VA) 1 $35,000 $35,000 $290 5.99%
Bennington, VT (FHA|USDA|VA) 1 $35,000 $35,000 $271 4.49%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $35,000 $35,000 $998 4.99%
LYNCHBURG, VA (FHA|USDA|VA) 1 $25,000 $25,000 $851 5.49%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $25,000 $25,000 $281 5.49%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $25,000 $25,000 $297 6.49%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $25,000 $25,000 $289 5.49%
GREELEY, CO (FHA|USDA|VA) 1 $15,000 $15,000 $306 4.99%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $15,000 $15,000 $525 5.49%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $15,000 $15,000 $270 4.49%
ROCKFORD, IL (FHA|USDA|VA) 1 $15,000 $15,000 $261 5.99%
Connexus Credit Union's top markets include Minneapolis, Los Angeles, Wausau, Portland, and San Francisco among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Similar Lenders

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 560 $59,080,000 $105,500 $1,146 5.16%
    HELOC 256 $27,950,000 $109,180 n/a 5.92%

    For 2019, Connexus Credit Union's most frequently originated type of loan was Conventional, with 560 originations. Their 2nd most popular type was HELOC, with 256 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 306 $20,490,000 $66,961 $390 5.82%
    Home Purchase 200 $31,440,000 $157,200 $3,476 5.17%
    Refi 131 $15,775,000 $120,420 $1,055 5.31%
    Home Improvement 104 $5,250,000 $50,481 $376 5.63%
    Cash Out Refi 75 $14,075,000 $187,667 $1,963 4.14%

    For 2019, Connexus Credit Union's most frequently cited loan purpose was Other, with 306 originations. The 2nd most popular reason was Home Purchase, with 200 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 378 $57,550,000 $152,249 $3,366 5.30%
    15 Year 161 $12,185,000 $75,683 $754 5.77%
    10 Year 119 $6,345,000 $53,319 $316 5.44%
    20 Year 88 $7,310,000 $83,068 $587 5.61%
    5 Year 50 $1,890,000 $37,800 $374 4.88%
    Other 20 $1,750,000 $87,500 $52 4.58%

    For 2019, Connexus Credit Union's most frequently cited loan duration was 30 Year, with 378 originations. The 2nd most popular length was 15 Year, with 161 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 536 $54,640,000 $101,940
    $1k-2k 11 $1,795,000 $163,182
    $2k-3k 8 $1,560,000 $195,000
    $4k-5k 2 $590,000 $295,000
    $3k-4k 1 $355,000 $355,000

    Connexus Credit Union's average total fees were $3,366, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 536 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 362 $31,940,000 $88,232
    4-5% 184 $21,210,000 $115,272
    6-7% 168 $12,260,000 $72,976
    3-4% 97 $21,275,000 $219,330
    7-8% 4 $240,000 $60,000
    2.5-3% 1 $105,000 $105,000

    During 2019, Connexus Credit Union's average interest rate for loans was 5.30%, while their most frequently originated rate bucket for loans was 5-6%, with 362 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 502 $26,780,000 $53,347 $505 5.67%
    $100k-200k 214 $28,930,000 $135,187 $1,511 5.25%
    $200k-400k 87 $22,745,000 $261,437 $2,968 4.44%
    $400k-600k 7 $3,535,000 $505,000 $7,473 4.09%
    $600k-1MM 4 $2,970,000 $742,500 $9,815 4.03%
    $1MM+ 2 $2,070,000 $1,035,000 $3,264 3.94%

    2019 saw Connexus Credit Union place emphasis on $100,000 or less loans with 502 originations, totaling $26,780,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 253 $30,635,000 $121,087 $1,155 5.60%
    $100k-150k 205 $19,395,000 $94,610 $1,094 5.43%
    $50k-75k 106 $8,210,000 $77,453 $886 5.11%
    $75k-100k 105 $9,575,000 $91,190 $1,188 5.16%
    $250k+ 103 $15,065,000 $146,262 $1,797 5.69%
    $50k or less 42 $2,970,000 $70,714 $1,043 4.76%

    Connexus Credit Union lent most frequently to those with incomes in the $150k-250k range, with 253 originations. The second most popular income band? $100k-150k, with 205 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 217 $21,565,000 $99,378 $1,078 5.36%
    30-36% 174 $18,910,000 $108,678 $1,327 5.27%
    <20% 63 $5,775,000 $91,667 $913 4.92%
    42% 49 $4,965,000 $101,327 $743 5.81%
    44% 46 $5,200,000 $113,043 $2,236 5.85%
    39% 43 $4,185,000 $97,326 $961 5.58%
    40% 41 $3,115,000 $75,976 $702 5.78%
    41% 39 $5,075,000 $130,128 $1,671 5.51%
    36% 39 $5,105,000 $130,897 $1,060 5.38%
    38% 39 $3,375,000 $86,538 $775 5.47%
    37% 35 $5,105,000 $145,857 $1,414 5.34%
    43% 24 $3,700,000 $154,167 $3,008 5.48%
    47% 2 $330,000 $165,000 $1,920 4.63%
    >60% 2 $140,000 $70,000 $220 5.49%
    46% 1 $95,000 $95,000 $1,874 4.13%
    45% 1 $135,000 $135,000 $1,924 3.75%
    48% 1 $255,000 $255,000 $2,884 3.63%

    Connexus Credit Union lent most frequently to those with DTI ratios of 20-30%, with 217 originations. The next most common DTI ratio? 30-36%, with 174 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 657 $69,995,000 $106,537 $1,129 5.37%
    Not provided 91 $9,225,000 $101,374 $947 5.45%
    Asian 43 $5,115,000 $118,953 $1,551 5.76%
    Black 21 $2,195,000 $104,524 $1,929 5.55%
    American Indian 2 $280,000 $140,000 $2,472 5.18%
    Japanese 1 $125,000 $125,000 $0 5.99%
    Not applicable 1 $95,000 $95,000 $2,373 3.50%

    Approval Rates

    Total approvals of all applications
    62.93%

    Connexus Credit Union has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    60.29%

    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 816 $87,030,000 $106,654

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 3 $295,000 $98,333
    Single Family (1-4 Units):Site-Built 813 $86,735,000 $106,685

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 163 $17,975,000 $110,276 $506 5.60%
    40-60% 53 $7,555,000 $142,547 $1,267 4.67%
    60-80% 76 $14,810,000 $194,868 $2,271 4.10%
    80-100% 65 $15,685,000 $241,308 $3,834 4.13%
    Under 20% 459 $31,005,000 $67,549 $385 5.81%