Deseret First Credit Union Mortgage Rates, Fees & Info
West Valley City, UTLEI: 254900FFZUXK3B729T97
Tax ID: 87-0229235
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Deseret First Credit Union is a smaller credit union specializing in Home Improvement and Cash Out Refi loans. Deseret First Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Salt Lake City, Provo, Ogden, St. George, and Logan among others. We have data for 51 markets. (Some data included below & more in-depth data is available with an active subscription.)Deseret First Credit Union has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Deseret First Credit Union is typically an average 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.95% | 3/19/23 |
| 30 Year Conventional Refi | 6.48% | 3/19/23 |
| 30 Year Cash-out Refi | 6.63% | 3/19/23 |
| 15 Year Conventional Purchase | 7.15% | 3/19/23 |
| 15 Year Conventional Refi | 5.89% | 3/19/23 |
| 15 Year Cash-out Refi | 5.89% | 3/19/23 |
| 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. | ||
Originations
1,240Origination Dollar Volume (All Markets)
$207,320,000Relative Rate
Deseret First Credit Union's average 30 year fixed mortgage rate was
3.67%.
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of 0.52%.
Relative Fees (Closing Costs)
Deseret First Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,031.
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 $4,750.
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 |
|---|---|---|---|---|---|
| SALT LAKE CITY, UT (FHA|USDA|VA) | 444 | $70,600,000 | $159,009 | $4,647 | 4.26% |
| PROVO-OREM, UT (FHA|USDA|VA) | 319 | $52,345,000 | $164,091 | $4,783 | 4.31% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 223 | $34,375,000 | $154,148 | $4,361 | 4.01% |
| ST. GEORGE, UT (FHA|USDA|VA) | 70 | $13,470,000 | $192,429 | $4,352 | 4.16% |
| LOGAN, UT-ID (FHA|USDA|VA) | 58 | $7,560,000 | $130,345 | $3,562 | 4.05% |
| Outside of Metro Areas | 27 | $5,175,000 | $191,667 | $3,468 | 3.59% |
| Heber, UT (FHA|USDA|VA) | 19 | $5,165,000 | $271,842 | $5,710 | 3.95% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 10 | $2,230,000 | $223,000 | $4,720 | 3.63% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $1,355,000 | $1,355,000 | $32,066 | 4.38% |
| BOISE CITY, ID (FHA|USDA|VA) | 7 | $1,265,000 | $180,714 | $4,517 | 3.79% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 4 | $1,060,000 | $265,000 | $5,910 | 3.80% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $6,035 | 3.79% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $4,440 | 3.63% |
| Jackson, WY-ID (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $5,761 | 3.13% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $8,797 | 3.88% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $3,052 | 2.81% |
| Rexburg, ID (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $5,129 | 2.50% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $5,649 | 4.74% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $4,038 | 2.77% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $2,555 | 3.13% |
| TWIN FALLS, ID (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $3,863 | 2.87% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $8,933 | 2.75% |
| Cedar City, UT (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $4,049 | 2.81% |
| FARMINGTON, NM (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,999 | 3.38% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $6,722 | 2.50% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $7,486 | 2.75% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,841 | 2.75% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,419 | 3.49% |
| POCATELLO, ID (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $3,808 | 2.50% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,313 | 3.38% |
| Vernal, UT (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $5,361 | 4.28% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $6,405 | 3.13% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,953 | 2.88% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $5,413 | 3.56% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,770 | 3.13% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,913 | 3.00% |
| Burley, ID (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $3,044 | 2.93% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,740 | 3.63% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,793 | 4.13% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,133 | 3.13% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 4.50% |
| Garden City, KS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,540 | 4.13% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.50% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,080 | 3.38% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,100 | 2.13% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,058 | 3.63% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.25% |
| Blackfoot, ID (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,379 | 2.25% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,559 | 2.99% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.25% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 3.74% |
Similar Lenders
We use machine learning to identify the top lenders compared against Deseret First 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 |
|---|---|---|---|---|---|
| HELOC | 687 | $84,325,000 | $122,744 | n/a | 4.54% |
| Conventional | 553 | $122,995,000 | $222,414 | $4,603 | 3.64% |
For 2021, Deseret First Credit Union's most frequently originated type of loan was HELOC, with 687 originations. Their 2nd most popular type was Conventional, with 553 originations.
Loan Reason
For 2021, Deseret First Credit Union's most frequently cited loan purpose was Home Improvement, with 646 originations. The 2nd most popular reason was Refi, with 171 originations.
Loan Duration/Length
For 2021, Deseret First Credit Union's most frequently cited loan duration was 10 Year, with 765 originations. The 2nd most popular length was 30 Year, with 333 originations.
Origination Fees/Closing Costs
Deseret First Credit Union's average total fees were $5,031, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 215 originations.
Interest Rates
During 2021, Deseret First Credit Union's average interest rate for loans was 3.67%, while their most frequently originated rate bucket for loans was 3-4%, with 502 originations.
Loan Sizing
2021 saw Deseret First Credit Union place emphasis on $100,000 or less loans with 475 originations, totaling $27,995,000 in origination value.
Applicant Income
Deseret First Credit Union lent most frequently to those with incomes in the $100k-150k range, with 384 originations. The second most popular income band? $150k-250k, with 244 originations.
Applicant Debt to Income Ratio
Deseret First Credit Union lent most frequently to those with DTI ratios of 20-30%, with 301 originations. The next most common DTI ratio? 30-36%, with 258 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.06%
Deseret First Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination94.76%
Deseret First Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 3 | $175,000 | $58,333 |
| 1011.0 | 4 | $1,220,000 | $305,000 |
| 1024.0 | 1 | $75,000 | $75,000 |
| 1035.0 | 1 | $305,000 | $305,000 |
| 1045.0 | 2 | $420,000 | $210,000 |
| 1071.0 | 1 | $305,000 | $305,000 |
| 1083.0 | 1 | $325,000 | $325,000 |
| 1092.0 | 1 | $175,000 | $175,000 |
| 1100.0 | 1 | $255,000 | $255,000 |
| 1107.0 | 2 | $600,000 | $300,000 |
| 1116.0 | 1 | $55,000 | $55,000 |
| 1135.0 | 1 | $105,000 | $105,000 |
| 1193.0 | 1 | $385,000 | $385,000 |
| 1195.0 | 1 | $375,000 | $375,000 |
| 1227.0 | 1 | $65,000 | $65,000 |
| 1240.0 | 1 | $205,000 | $205,000 |
| 1252.0 | 2 | $810,000 | $405,000 |
| 1265.0 | 1 | $405,000 | $405,000 |
| 1276.0 | 1 | $415,000 | $415,000 |
| 1285.0 | 1 | $115,000 | $115,000 |
| 1300.0 | 1 | $425,000 | $425,000 |
| 1345.0 | 1 | $285,000 | $285,000 |
| 1359.0 | 1 | $265,000 | $265,000 |
| 1382.0 | 1 | $455,000 | $455,000 |
| 1397.0 | 1 | $465,000 | $465,000 |
| 1427.5 | 1 | $95,000 | $95,000 |
| 1445.0 | 1 | $235,000 | $235,000 |
| 1471.54 | 1 | $105,000 | $105,000 |
| 1474.0 | 1 | $105,000 | $105,000 |
| 1486.5 | 1 | $85,000 | $85,000 |
| 1493.0 | 3 | $1,505,000 | $501,667 |
| 150.0 | 1 | $105,000 | $105,000 |
| 1501.5 | 1 | $115,000 | $115,000 |
| 1512.0 | 1 | $275,000 | $275,000 |
| 1515.02 | 1 | $85,000 | $85,000 |
| 1523.0 | 1 | $135,000 | $135,000 |
| 1529.0 | 1 | $535,000 | $535,000 |
| 1535.0 | 1 | $305,000 | $305,000 |
| 1589.0 | 1 | $575,000 | $575,000 |
| 1594.0 | 1 | $175,000 | $175,000 |
| 1596.15 | 1 | $95,000 | $95,000 |
| 160.0 | 7 | $485,000 | $69,286 |
| 1629.0 | 1 | $65,000 | $65,000 |
| 1647.5 | 1 | $95,000 | $95,000 |
| 1649.0 | 1 | $75,000 | $75,000 |
| 1682.0 | 1 | $335,000 | $335,000 |
| 1734.0 | 1 | $705,000 | $705,000 |
| 1742.0 | 1 | $325,000 | $325,000 |
| 1743.0 | 1 | $505,000 | $505,000 |
| 175.0 | 1 | $105,000 | $105,000 |
| 1816.0 | 1 | $125,000 | $125,000 |
| 1843.33 | 1 | $325,000 | $325,000 |
| 185.0 | 436 | $28,940,000 | $66,376 |
| 1864.0 | 1 | $375,000 | $375,000 |
| 1970.0 | 1 | $105,000 | $105,000 |
| 1997.0 | 1 | $105,000 | $105,000 |
| 2077.0 | 1 | $115,000 | $115,000 |
| 2096.0 | 2 | $2,010,000 | $1,005,000 |
| 210.0 | 1 | $125,000 | $125,000 |
| 2119.0 | 1 | $155,000 | $155,000 |
| 2122.0 | 1 | $455,000 | $455,000 |
| 2143.0 | 1 | $505,000 | $505,000 |
| 225.0 | 1 | $95,000 | $95,000 |
| 2284.0 | 1 | $705,000 | $705,000 |
| 230.0 | 9 | $605,000 | $67,222 |
| 2335.0 | 1 | $145,000 | $145,000 |
| 235.0 | 50 | $6,010,000 | $120,200 |
| 2364.0 | 1 | $605,000 | $605,000 |
| 240.0 | 1 | $135,000 | $135,000 |
| 2472.0 | 1 | $695,000 | $695,000 |
| 250.0 | 5 | $275,000 | $55,000 |
| 2533.0 | 1 | $705,000 | $705,000 |
| 2537.0 | 1 | $125,000 | $125,000 |
| 2543.0 | 1 | $175,000 | $175,000 |
| 2578.0 | 1 | $115,000 | $115,000 |
| 2607.0 | 1 | $175,000 | $175,000 |
| 265.0 | 42 | $6,300,000 | $150,000 |
| 270.0 | 1 | $175,000 | $175,000 |
| 2763.0 | 1 | $185,000 | $185,000 |
| 2765.0 | 1 | $185,000 | $185,000 |
| 279.0 | 1 | $45,000 | $45,000 |
| 280.0 | 2 | $250,000 | $125,000 |
| 2805.0 | 1 | $175,000 | $175,000 |
| 2845.0 | 1 | $145,000 | $145,000 |
| 2852.0 | 1 | $145,000 | $145,000 |
| 2885.0 | 1 | $155,000 | $155,000 |
| 2930.0 | 1 | $265,000 | $265,000 |
| 295.0 | 43 | $8,115,000 | $188,721 |
| 310.0 | 6 | $450,000 | $75,000 |
| 3189.0 | 1 | $225,000 | $225,000 |
| 325.0 | 1 | $225,000 | $225,000 |
| 3278.0 | 1 | $195,000 | $195,000 |
| 3296.0 | 1 | $1,005,000 | $1,005,000 |
| 342.0 | 1 | $65,000 | $65,000 |
| 347.0 | 1 | $55,000 | $55,000 |
| 3493.0 | 1 | $185,000 | $185,000 |
| 350.0 | 40 | $9,400,000 | $235,000 |
| 361.55 | 1 | $35,000 | $35,000 |
| 3661.0 | 1 | $255,000 | $255,000 |
| 3688.0 | 1 | $245,000 | $245,000 |
| 369.0 | 1 | $65,000 | $65,000 |
| 3698.0 | 1 | $215,000 | $215,000 |
| 3715.0 | 1 | $185,000 | $185,000 |
| 385.0 | 1 | $205,000 | $205,000 |
| 395.0 | 1 | $215,000 | $215,000 |
| 405.0 | 1 | $75,000 | $75,000 |
| 411.0 | 1 | $85,000 | $85,000 |
| 4256.0 | 1 | $315,000 | $315,000 |
| 430.0 | 1 | $165,000 | $165,000 |
| 4332.0 | 1 | $305,000 | $305,000 |
| 436.0 | 2 | $180,000 | $90,000 |
| 440.0 | 1 | $95,000 | $95,000 |
| 462.0 | 1 | $95,000 | $95,000 |
| 465.0 | 1 | $155,000 | $155,000 |
| 4665.0 | 1 | $265,000 | $265,000 |
| 468.0 | 10 | $1,050,000 | $105,000 |
| 4735.0 | 1 | $355,000 | $355,000 |
| 480.0 | 1 | $165,000 | $165,000 |
| 498.0 | 1 | $115,000 | $115,000 |
| 50.0 | 1 | $65,000 | $65,000 |
| 513.0 | 1 | $55,000 | $55,000 |
| 525.0 | 1 | $255,000 | $255,000 |
| 528.0 | 1 | $125,000 | $125,000 |
| 5430.5 | 1 | $305,000 | $305,000 |
| 570.0 | 1 | $35,000 | $35,000 |
| 589.0 | 2 | $280,000 | $140,000 |
| 619.0 | 1 | $155,000 | $155,000 |
| 626.0 | 1 | $155,000 | $155,000 |
| 649.0 | 1 | $155,000 | $155,000 |
| 685.0 | 4 | $310,000 | $77,500 |
| 710.0 | 1 | $85,000 | $85,000 |
| 735.0 | 31 | $2,265,000 | $73,065 |
| 760.0 | 1 | $85,000 | $85,000 |
| 765.0 | 1 | $135,000 | $135,000 |
| 769.0 | 1 | $205,000 | $205,000 |
| 785.0 | 7 | $775,000 | $110,714 |
| 794.0 | 1 | $215,000 | $215,000 |
| 810.0 | 2 | $150,000 | $75,000 |
| 815.0 | 4 | $580,000 | $145,000 |
| 816.0 | 1 | $15,000 | $15,000 |
| 818.0 | 1 | $215,000 | $215,000 |
| 830.0 | 1 | $125,000 | $125,000 |
| 835.0 | 1 | $25,000 | $25,000 |
| 843.0 | 1 | $75,000 | $75,000 |
| 845.0 | 2 | $410,000 | $205,000 |
| 845.51 | 1 | $35,000 | $35,000 |
| 860.0 | 1 | $45,000 | $45,000 |
| 885.0 | 1 | $125,000 | $125,000 |
| 890.0 | 5 | $1,275,000 | $255,000 |
| 900.0 | 1 | $245,000 | $245,000 |
| 921.0 | 1 | $125,000 | $125,000 |
| 930.0 | 1 | $55,000 | $55,000 |
| 972.5 | 1 | $95,000 | $95,000 |
| 983.0 | 1 | $25,000 | $25,000 |
| 986.0 | 1 | $285,000 | $285,000 |
| 995.0 | 1 | $185,000 | $185,000 |
| NA | 384 | $104,970,000 | $273,359 |