Service Federal Credit Union Mortgage Rates, Fees & Info
Portsmouth, NHLEI: 254900P7WLDQD9IUL038
Tax ID: 02-0240752
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Service Federal Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Service Federal Credit Union has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Boston, Manchester, Lebanon, Portland, and Concord among others. We have data for 176 markets. (Some data included below & more in-depth data is available with an active subscription.)Service Federal Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Service Federal 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 3.72% | 11/11/24 |
| 30 Year Conventional Purchase | 6.41% | 11/11/24 |
| 30 Year Conventional Refi | 6.46% | 11/11/24 |
| 30 Year Cash-out Refi | 6.62% | 11/11/24 |
| 30 Year VA Purchase | 5.80% | 11/11/24 |
| 30 Year USDA Purchase | 6.26% | 11/11/24 |
| 15 Year Conventional Purchase | 5.89% | 11/11/24 |
| 15 Year Conventional Refi | 5.71% | 11/11/24 |
| 15 Year Cash-out Refi | 5.71% | 11/11/24 |
| 15 Year VA Purchase | 5.55% | 11/11/24 |
| 15 Year VA Refi | 5.58% | 11/11/24 |
| 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. | ||
Service 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 Service 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
2,032Origination Dollar Volume (All Markets)
$277,710,000Awards
Service Federal Credit Union - 2023
Service Federal Credit Union is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
Work for Service Federal Credit Union?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Service Federal Credit Union's average 30 year fixed mortgage rate was
6.28%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.2%.
Relative Fees (Closing Costs)
Service Federal Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,510.
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 $9,089.
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 |
|---|---|---|---|---|---|
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 739 | $96,865,000 | $131,076 | $861 | 5.70% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 204 | $26,060,000 | $127,745 | $633 | 5.91% |
| Lebanon, NH-VT (FHA|USDA|VA) | 107 | $19,555,000 | $182,757 | $805 | 5.61% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 110 | $15,210,000 | $138,273 | $937 | 5.74% |
| Concord, NH (FHA|USDA|VA) | 103 | $13,765,000 | $133,641 | $783 | 5.86% |
| Outside of Metro Areas | 70 | $10,090,000 | $144,143 | $1,375 | 5.88% |
| Keene, NH (FHA|USDA|VA) | 107 | $9,885,000 | $92,383 | $1,097 | 5.96% |
| Laconia, NH (FHA|USDA|VA) | 75 | $9,225,000 | $123,000 | $1,304 | 5.94% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 58 | $7,220,000 | $124,483 | $872 | 5.40% |
| Berlin, NH (FHA|USDA|VA) | 26 | $3,290,000 | $126,538 | $2,046 | 5.66% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 19 | $2,305,000 | $121,316 | $2,189 | 5.51% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 11 | $2,245,000 | $204,091 | $123 | 5.11% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 17 | $1,965,000 | $115,588 | $123 | 5.69% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 6 | $1,870,000 | $311,667 | $0 | 3.99% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 4 | $1,820,000 | $455,000 | $6,414 | 6.78% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 10 | $1,590,000 | $159,000 | $2,182 | 5.63% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 6 | $1,560,000 | $260,000 | $2,761 | 4.68% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 10 | $1,510,000 | $151,000 | $163 | 6.45% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 6 | $1,440,000 | $240,000 | $2,659 | 4.62% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 8 | $1,430,000 | $178,750 | $2,802 | 5.50% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 13 | $1,405,000 | $108,077 | $1,323 | 6.13% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $1,365,000 | $273,000 | $0 | 4.99% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 9 | $1,365,000 | $151,667 | $3,386 | 6.57% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 6 | $1,350,000 | $225,000 | $4,851 | 5.33% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 5 | $1,265,000 | $253,000 | $3,185 | 5.02% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 8 | $1,240,000 | $155,000 | $827 | 6.01% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 6 | $980,000 | $163,333 | $409 | 4.56% |
| COLUMBIA, SC (FHA|USDA|VA) | 5 | $935,000 | $187,000 | $3,970 | 5.90% |
| SAVANNAH, GA (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $2,224 | 5.66% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 6 | $920,000 | $153,333 | $279 | 5.25% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $3,599 | 6.33% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 11 | $835,000 | $75,909 | $393 | 6.11% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $810,000 | $202,500 | $0 | 5.43% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $1,303 | 5.80% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $0 | 7.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $3,830 | 6.25% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $3,184 | 5.28% |
| PROVO-OREM, UT (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $0 | 3.99% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $5,013 | 8.63% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $3,383 | 5.34% |
| VALDOSTA, GA (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $2,276 | 6.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $1,580 | 6.40% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $580,000 | $145,000 | $360 | 5.78% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 3.99% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $2,940 | 4.87% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $6,464 | 5.88% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $3,278 | 5.41% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $5,217 | 6.00% |
| UTICA-ROME, NY (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $957 | 4.87% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,312 | 6.63% |
| BEND, OR (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 3.99% |
| Heber, UT (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 3.99% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $3,628 | 5.00% |
| STOCKTON, CA (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $0 | 3.99% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 6 | $470,000 | $78,333 | $0 | 6.31% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $450,000 | $75,000 | $606 | 5.03% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $0 | 5.66% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $4,818 | 6.75% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $6,124 | 4.81% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $243 | 6.25% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $862 | 5.75% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 5 | $425,000 | $85,000 | $0 | 4.54% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,936 | 6.63% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 4 | $410,000 | $102,500 | $0 | 6.06% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 4.99% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $1,740 | 6.31% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $0 | 4.58% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $2,451 | 5.12% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $380,000 | $95,000 | $1,845 | 4.93% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 4.87% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $1,235 | 6.63% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 3.99% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $508 | 4.87% |
| Danville, KY (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $656 | 6.50% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $7,553 | 7.00% |
| OCALA, FL (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $2,218 | 6.25% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 4 | $310,000 | $77,500 | $4,033 | 5.59% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 4 | $300,000 | $75,000 | $0 | 6.56% |
| Vineyard Haven, MA (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $981 | 7.50% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $300,000 | $75,000 | $892 | 6.25% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,655 | 5.75% |
| McAlester, OK (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $8,243 | 6.62% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 3.99% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $5,473 | 6.12% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 9.63% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,600 | 7.38% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 3.99% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 5.12% |
| Bellefontaine, OH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $1,488 | 6.50% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 6.49% |
| FORT COLLINS, CO (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 3.99% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $494 | 4.66% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 4 | $230,000 | $57,500 | $417 | 5.68% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,419 | 6.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 3.99% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 3 | $225,000 | $75,000 | $418 | 6.29% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $519 | 6.12% |
| Brevard, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,976 | 5.88% |
| Rutland, VT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 3.99% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 3.99% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,040 | 6.88% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 3.99% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 5.37% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 5.99% |
| MANHATTAN, KS (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $1,379 | 5.75% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 8.44% |
| BANGOR, ME (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 6.49% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,176 | 6.88% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 5.24% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,008 | 5.50% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 3.99% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $836 | 4.75% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 4.87% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 9.50% |
| Barre, VT (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,274 | 7.50% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.99% |
| Alamogordo, NM (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 6.25% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.50% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 7.38% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,829 | 5.63% |
| DOVER, DE (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $836 | 8.13% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $508 | 4.87% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,081 | 6.75% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $508 | 5.88% |
| Calhoun, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.75% |
| RICHMOND, VA (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 6.50% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 7.88% |
| TOLEDO, OH (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $254 | 6.25% |
| Rockingham, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,337 | 8.00% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $508 | 6.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.75% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.99% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.99% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 3 | $105,000 | $35,000 | $0 | 6.17% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $282 | 5.88% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $564 | 5.75% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.75% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $540 | 6.00% |
| Escanaba, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 3.99% |
| BOISE CITY, ID (FHA|USDA|VA) | 2 | $80,000 | $40,000 | $0 | 7.25% |
| Searcy, AR (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.50% |
| Moberly, MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.50% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.99% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.99% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $519 | 6.00% |
| REDDING, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.00% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.88% |
| Danville, VA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.25% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 5.75% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $564 | 5.50% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.99% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $879 | 5.75% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.25% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $683 | 6.00% |
| Holland, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 5.99% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $310 | 5.38% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.99% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $871 | 5.75% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.99% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.99% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 9.00% |
| Elkins, WV (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $1,190 | 6.00% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 3.99% |
| Payson, AZ (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 3.99% |
| Mountain Home, ID (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $519 | 6.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 3.99% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $494 | 6.00% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 6.49% |
| Torrington, CT (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 3.99% |
| TULSA, OK (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $508 | 5.75% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $540 | 5.75% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 3.99% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 3.99% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $490 | 5.13% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $508 | 6.00% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 6.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against Service Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 40
Similarity Rank: 64
Similarity Rank: 115
Similarity Rank: 126
Similarity Rank: 130
Similarity Rank: 150
Similarity Rank: 160
Similarity Rank: 177
Similarity Rank: 200
Similarity Rank: 204
Product Mix
For 2023, Service Federal Credit Union's most frequently originated type of loan was Conventional, with 1,011 originations. Their 2nd most popular type was HELOC, with 989 originations.
Loan Reason
For 2023, Service Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 796 originations. The 2nd most popular reason was Home Improvement, with 553 originations.
Loan Duration/Length
For 2023, Service Federal Credit Union's most frequently cited loan duration was Other, with 993 originations. The 2nd most popular length was 15 Year, with 590 originations.
Origination Fees/Closing Costs
Service Federal Credit Union's average total fees were $4,510, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 943 originations.
Interest Rates
During 2023, Service Federal Credit Union's average interest rate for loans was 6.28%, while their most frequently originated rate bucket for loans was 5-6%, with 719 originations.
Loan Sizing
2023 saw Service Federal Credit Union place emphasis on $100,000 or less loans with 1,069 originations, totaling $59,235,000 in origination value.
Applicant Income
Service Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 615 originations. The second most popular income band? $150k-250k, with 540 originations.
Applicant Debt to Income Ratio
Service Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 388 originations. The next most common DTI ratio? 20-30%, with 382 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications71.43%
Service Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination79.97%
Service Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,032 | $277,710,000 | $136,668 |