Community First Credit Union Mortgage Rates, Fees & Info

Neenah, WI

LEI: 254900Q5026VQBAVI394

Tax ID: 39-6264347

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
  • Complaints
  • 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

    Community First Credit Union is a smaller credit union specializing in Home Purchase and Refi loans. Community First Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Appleton, Oshkosh, Green Bay, Manitowoc, and Fond Du Lac among others. We have data for 27 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Community First 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. Community First 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.13% 4/21/24
    30 Year Conventional Refi 6.32% 4/21/24
    30 Year Cash-out Refi 6.40% 4/21/24
    15 Year Conventional Purchase 6.02% 4/21/24
    15 Year Conventional Refi 5.97% 4/21/24
    15 Year Cash-out Refi 5.97% 4/21/24
    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.

    Community First Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Community First 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

    3,137

    Origination Dollar Volume (All Markets)

    $390,375,000
    Show all (7) 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
    APPLETON, WI (FHA|USDA|VA) 1,330 $170,930,000 $128,519 $737 4.00%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 786 $84,960,000 $108,092 $758 4.09%
    GREEN BAY, WI (FHA|USDA|VA) 396 $59,730,000 $150,833 $803 4.01%
    Outside of Metro Areas 370 $44,380,000 $119,946 $822 3.94%
    Manitowoc, WI (FHA|USDA|VA) 138 $11,970,000 $86,739 $515 3.89%
    FOND DU LAC, WI (FHA|USDA|VA) 22 $2,750,000 $125,000 $1,006 4.88%
    Shawano, WI (FHA|USDA|VA) 25 $2,505,000 $100,200 $719 3.68%
    MADISON, WI (FHA|USDA|VA) 11 $2,195,000 $199,545 $1,188 4.63%
    Stevens Point, WI (FHA|USDA|VA) 13 $1,835,000 $141,154 $1,154 3.93%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 8 $1,670,000 $208,750 $1,250 3.85%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $1,475,000 $1,475,000 $6,083 4.38%
    Baraboo, WI (FHA|USDA|VA) 2 $990,000 $495,000 $0 4.00%
    Marinette, WI-MI (FHA|USDA|VA) 10 $950,000 $95,000 $1,003 3.86%
    SHEBOYGAN, WI (FHA|USDA|VA) 4 $850,000 $212,500 $2,194 3.75%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 4 $670,000 $167,500 $1,039 3.65%
    RACINE, WI (FHA|USDA|VA) 2 $490,000 $245,000 $1,072 3.81%
    Whitewater, WI (FHA|USDA|VA) 1 $305,000 $305,000 $643 3.24%
    Sandusky, OH (FHA|USDA|VA) 1 $275,000 $275,000 $1,143 4.74%
    Iron Mountain, MI-WI (FHA|USDA|VA) 3 $265,000 $88,333 $728 4.58%
    Beaver Dam, WI (FHA|USDA|VA) 2 $250,000 $125,000 $1,669 4.06%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 2 $230,000 $115,000 $2,211 4.75%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $225,000 $225,000 $787 4.25%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $145,000 $145,000 $1,994 4.63%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $125,000 $125,000 $2,020 3.74%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $105,000 $105,000 $2,101 3.74%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $65,000 $65,000 $0 2.25%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $35,000 $35,000 $548 2.99%
    Community First Credit Union's top markets include Appleton, Oshkosh, Green Bay, Manitowoc, and Fond Du Lac among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)

    • Similar Lenders

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

    AppleTree Credit Union
    Similarity Rank: 10
    NORTHWESTERN MUTUAL
    Similarity Rank: 12
    UNITEDONE Credit Union
    Similarity Rank: 24
    UNISON CREDIT UNION
    Similarity Rank: 28
    PCM
    Similarity Rank: 66
    Kohler Credit Union
    Similarity Rank: 128
    Empower Credit Union
    Similarity Rank: 135
    HERITAGE CREDIT UNION
    Similarity Rank: 143
    PRIME FINANCIAL CREDIT UNION
    Similarity Rank: 275
    CAPITAL Credit Union
    Similarity Rank: 288

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,137 $390,375,000 $124,442 $765 4.02%

    For 2018, Community First Credit Union's most frequently originated type of loan was Conventional, with 3,137 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,224 $211,070,000 $172,443 $1,472 4.30%
    Refi 793 $87,455,000 $110,284 $309 3.70%
    Cash Out Refi 588 $63,690,000 $108,316 $383 3.97%
    Home Improvement 321 $15,205,000 $47,368 $122 3.67%
    Other 211 $12,955,000 $61,398 $458 4.15%

    For 2018, Community First Credit Union's most frequently cited loan purpose was Home Purchase, with 1,224 originations. The 2nd most popular reason was Refi, with 793 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 1,497 $122,695,000 $81,961 $159 3.81%
    30 Year 901 $157,605,000 $174,922 $1,929 4.27%
    10 Year 614 $85,710,000 $139,593 $463 4.01%
    5 Year 53 $15,135,000 $285,566 $0 4.83%
    15 Year 35 $4,155,000 $118,714 $1,615 4.16%
    20 Year 19 $1,615,000 $85,000 $1,070 5.77%
    3 Year 10 $1,740,000 $174,000 $193 4.05%
    30+ year 6 $1,610,000 $268,333 $1,855 2.85%
    1 Year 2 $110,000 $55,000 $0 9.37%

    For 2018, Community First Credit Union's most frequently cited loan duration was Other, with 1,497 originations. The 2nd most popular length was 30 Year, with 901 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 3,059 $364,475,000 $119,148
    $1k-2k 7 $995,000 $142,143
    $2k-3k 1 $195,000 $195,000
    $3k-4k 1 $225,000 $225,000

    Community First Credit Union's average total fees were $1,929, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3,059 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,310 $149,410,000 $114,053
    4-5% 1,146 $175,550,000 $153,185
    2.5-3% 405 $40,995,000 $101,222
    5-6% 123 $13,815,000 $112,317
    <2.5% 64 $7,480,000 $116,875
    Over 8% 60 $1,490,000 $24,833
    6-7% 17 $975,000 $57,353
    7-8% 12 $660,000 $55,000

    During 2018, Community First Credit Union's average interest rate for loans was 4.27%, while their most frequently originated rate bucket for loans was 3-4%, with 1,310 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,545 $77,575,000 $50,210 $362 4.04%
    $100k-200k 1,087 $154,895,000 $142,498 $1,036 4.02%
    $200k-400k 453 $116,945,000 $258,157 $1,351 3.93%
    $400k-600k 34 $15,980,000 $470,000 $1,993 3.82%
    $600k-1MM 11 $7,275,000 $661,364 $2,341 3.69%
    $1MM+ 7 $17,705,000 $2,529,286 $4,250 4.56%

    2018 saw Community First Credit Union place emphasis on $100,000 or less loans with 1,545 originations, totaling $77,575,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 786 $82,750,000 $105,280 $790 4.05%
    $100k-150k 727 $100,105,000 $137,696 $672 3.91%
    $75k-100k 677 $79,595,000 $117,570 $808 4.05%
    $50k or less 584 $47,360,000 $81,096 $788 4.13%
    $150k-250k 240 $42,000,000 $175,000 $760 3.75%
    $250k+ 51 $14,785,000 $289,902 $1,176 3.63%

    Community First Credit Union lent most frequently to those with incomes in the $50k-75k range, with 786 originations. The second most popular income band? $100k-150k, with 727 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 935 $102,455,000 $109,578 $723 3.92%
    30-36% 649 $82,435,000 $127,018 $830 4.12%
    <20% 501 $46,545,000 $92,904 $480 3.78%
    39% 110 $14,490,000 $131,727 $1,003 4.05%
    41% 101 $12,205,000 $120,842 $893 4.04%
    38% 101 $13,715,000 $135,792 $773 4.08%
    37% 96 $11,530,000 $120,104 $721 4.05%
    36% 88 $11,570,000 $131,477 $810 4.13%
    42% 82 $10,260,000 $125,122 $927 4.21%
    40% 82 $10,020,000 $122,195 $808 4.08%
    43% 54 $7,670,000 $142,037 $1,123 4.13%
    50-60% 46 $7,970,000 $173,261 $616 4.15%
    44% 42 $5,590,000 $133,095 $1,080 4.11%
    46% 39 $5,435,000 $139,359 $1,185 4.21%
    >60% 36 $4,910,000 $136,389 $691 4.11%
    45% 36 $8,070,000 $224,167 $1,362 4.19%
    48% 30 $3,940,000 $131,333 $603 3.97%
    47% 22 $4,320,000 $196,364 $1,552 3.95%
    49% 19 $2,795,000 $147,105 $1,312 3.87%

    Community First Credit Union lent most frequently to those with DTI ratios of 20-30%, with 935 originations. The next most common DTI ratio? 30-36%, with 649 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,954 $355,960,000 $120,501 $770 3.99%
    Not applicable 46 $18,280,000 $397,391 $0 5.00%
    Not provided 80 $7,990,000 $99,875 $374 4.14%
    Asian 31 $5,205,000 $167,903 $1,199 3.84%
    American Indian 15 $1,835,000 $122,333 $718 5.00%
    Black 7 $565,000 $80,714 $1,280 4.62%
    Other Asian 4 $540,000 $135,000 $409 3.90%

    Approval Rates

    Total approvals of all applications
    93.38%

    Community First Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.20%

    Community First Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,137 $390,375,000 $124,442

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 9 $16,505,000 $1,833,889
    Single Family (1-4 Units):Manufactured 16 $1,420,000 $88,750
    Single Family (1-4 Units):Site-Built 3,112 $372,450,000 $119,682

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 399 $28,605,000 $71,692 $260 3.75%
    40-60% 366 $44,560,000 $121,749 $517 3.81%
    60-80% 985 $153,865,000 $156,208 $836 3.93%
    80-100% 826 $147,690,000 $178,801 $1,480 4.19%
    Over 100% 3 $965,000 $321,667 $1,698 5.43%
    Under 20% 557 $14,555,000 $26,131 $120 4.24%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Community Loan Fund of New Jersey, Inc Conventional home mortgage Struggling to pay mortgage 1 100.0%