Glacier Hills Credit Union Mortgage Rates, Fees & Info

West Bend, WI

LEI: 254900O11S8JQGWU2U45

Tax ID: 39-0803157

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
  • 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

    Glacier Hills Credit Union is a smaller credit union specializing in Cash Out Refi loans. Glacier Hills Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Fond Du Lac, Beaver Dam, Sheboygan, and Wausau among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Glacier Hills 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. Glacier Hills 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
    30 Year Conventional Purchase 6.41% 12/16/24
    30 Year Conventional Refi 5.63% 12/16/24
    30 Year Cash-out Refi 6.24% 12/16/24
    30 Year FHA Purchase 6.97% 12/16/24
    15 Year Conventional Purchase 5.99% 12/16/24
    15 Year Conventional Refi 6.12% 12/16/24
    15 Year Cash-out Refi 6.12% 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.

    Glacier Hills Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Glacier Hills 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

    148

    Origination Dollar Volume (All Markets)

    $16,370,000

    Awards

    Glacier Hills Credit Union 30 Year Conventional Loans gold Glacier Hills Credit Union 30 Year Conventional Loans gold Glacier Hills Credit Union 30 Year Conventional Loans bronze
    Show all (3) 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
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 104 $12,160,000 $116,923 $1,034 4.23%
    FOND DU LAC, WI (FHA|USDA|VA) 19 $1,845,000 $97,105 $1,084 4.22%
    Beaver Dam, WI (FHA|USDA|VA) 14 $1,220,000 $87,143 $1,013 4.90%
    SHEBOYGAN, WI (FHA|USDA|VA) 6 $570,000 $95,000 $923 4.04%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $195,000 $195,000 $1,734 4.63%
    Outside of Metro Areas 2 $170,000 $85,000 $1,476 4.13%
    Marinette, WI-MI (FHA|USDA|VA) 1 $165,000 $165,000 $1,524 4.63%
    GREEN BAY, WI (FHA|USDA|VA) 1 $45,000 $45,000 $789 4.75%
    Glacier Hills Credit Union's top markets include Milwaukee, Fond Du Lac, Beaver Dam, Sheboygan, and Wausau among others.

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

    • Similar Lenders

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

    NORTHWESTERN MUTUAL
    Similarity Rank: 70
    Empower Credit Union
    Similarity Rank: 81
    Glacier Hills Credit Union
    Similarity Rank: 200
    EDUCATORS CREDIT UNION
    Similarity Rank: 300
    Blackhawk Community Credit Union
    Similarity Rank: 330
    VERVE, A CREDIT UNION
    Similarity Rank: 418
    Hometown Bank
    Similarity Rank: 544
    Tri City National Bank
    Similarity Rank: 560
    Horicon Bank
    Similarity Rank: 686
    Citizens Bank
    Similarity Rank: 792

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 148 $16,370,000 $110,608 $1,047 4.29%

    For 2022, Glacier Hills Credit Union's most frequently originated type of loan was Conventional, with 148 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 50 $2,540,000 $50,800 $701 4.49%
    Cash Out Refi 43 $7,855,000 $182,674 $1,354 4.09%
    Other 22 $1,230,000 $55,909 $766 4.63%
    Home Purchase 20 $3,160,000 $158,000 $1,509 4.51%
    Refi 13 $1,585,000 $121,923 $1,233 3.30%

    For 2022, Glacier Hills Credit Union's most frequently cited loan purpose was Home Improvement, with 50 originations. The 2nd most popular reason was Cash Out Refi, with 43 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 44 $4,550,000 $103,409 $970 4.57%
    30 Year 41 $7,045,000 $171,829 $1,458 4.58%
    10 Year 29 $1,895,000 $65,345 $808 4.36%
    Other 14 $570,000 $40,714 $684 3.78%
    20 Year 10 $1,920,000 $192,000 $1,396 3.34%
    5 Year 6 $290,000 $48,333 $663 3.50%
    3 Year 4 $100,000 $25,000 $535 3.13%

    For 2022, Glacier Hills Credit Union's most frequently cited loan duration was 15 Year, with 44 originations. The 2nd most popular length was 30 Year, with 41 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 144 $16,020,000 $111,250

    Glacier Hills Credit Union's average total fees were $1,458, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 144 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 62 $6,010,000 $96,935
    3-4% 43 $5,445,000 $126,628
    5-6% 21 $1,765,000 $84,048
    2.5-3% 11 $1,515,000 $137,727
    6-7% 5 $395,000 $79,000
    <2.5% 4 $1,050,000 $262,500
    7-8% 2 $190,000 $95,000

    During 2022, Glacier Hills Credit Union's average interest rate for loans was 4.58%, while their most frequently originated rate bucket for loans was 4-5%, with 62 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 86 $4,200,000 $48,837 $785 4.46%
    $100k-200k 37 $5,435,000 $146,892 $1,355 4.18%
    $200k-400k 24 $6,310,000 $262,917 $1,495 3.83%
    $400k-600k 1 $425,000 $425,000 $1,470 4.50%

    2022 saw Glacier Hills Credit Union place emphasis on $100,000 or less loans with 86 originations, totaling $4,200,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 47 $4,625,000 $98,404 $1,099 4.13%
    $100k-150k 36 $4,170,000 $115,833 $1,049 4.28%
    $75k-100k 25 $2,815,000 $112,600 $997 4.31%
    $50k or less 18 $1,570,000 $87,222 $1,149 4.65%
    $150k-250k 16 $1,720,000 $107,500 $830 4.46%
    $250k+ 6 $1,470,000 $245,000 $1,133 3.96%

    Glacier Hills Credit Union lent most frequently to those with incomes in the $50k-75k range, with 47 originations. The second most popular income band? $100k-150k, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 37 $4,265,000 $115,270 $1,103 4.30%
    30-36% 35 $3,965,000 $113,286 $1,020 4.28%
    <20% 13 $1,425,000 $109,615 $1,030 3.64%
    41% 12 $1,350,000 $112,500 $1,188 4.31%
    42% 10 $1,380,000 $138,000 $1,092 4.36%
    40% 8 $760,000 $95,000 $920 4.38%
    37% 8 $820,000 $102,500 $949 4.47%
    39% 7 $495,000 $70,714 $971 4.75%
    38% 5 $185,000 $37,000 $767 4.93%
    36% 4 $210,000 $52,500 $829 4.41%
    44% 3 $575,000 $191,667 $1,442 3.63%
    45% 2 $380,000 $190,000 $1,159 3.75%
    47% 2 $280,000 $140,000 $997 4.00%
    48% 1 $35,000 $35,000 $759 5.50%
    50-60% 1 $245,000 $245,000 $1,574 5.25%

    Glacier Hills Credit Union lent most frequently to those with DTI ratios of 20-30%, with 37 originations. The next most common DTI ratio? 30-36%, with 35 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 142 $15,960,000 $112,394 $1,051 4.29%
    Not provided 5 $365,000 $73,000 $935 4.58%
    Black 1 $45,000 $45,000 $0 3.38%

    Approval Rates

    Total approvals of all applications
    95.58%

    Glacier Hills 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
    70.27%

    Glacier Hills Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 148 $16,370,000 $110,608

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    148 $16,370,000 $110,608

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 17 $1,285,000 $75,588 $711 4.87%
    40-60% 22 $3,190,000 $145,000 $1,268 3.49%
    60-80% 40 $7,470,000 $186,750 $1,457 4.30%
    80-100% 12 $2,230,000 $185,833 $1,574 4.14%
    Under 20% 57 $2,195,000 $38,509 $690 4.46%