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 Cash Out Refi, Refi, and Home Purchase 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 Shawano among others. We have data for 28 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.

    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 6.13% 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

    4,560

    Origination Dollar Volume (All Markets)

    $732,680,000

    Awards

    Community First Credit Union 30 Year Conventional Loans silver Community First Credit Union 30 Year Conventional Loans gold Community First Credit Union 30 Year Conventional Loans gold Community First Credit Union 30 Year Conventional Loans gold
    Show all (4) 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) 1,865 $288,485,000 $154,684 $1,087 2.82%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1,079 $153,975,000 $142,702 $1,149 2.84%
    GREEN BAY, WI (FHA|USDA|VA) 613 $145,605,000 $237,529 $1,170 2.87%
    Outside of Metro Areas 567 $79,495,000 $140,203 $1,195 2.82%
    Manitowoc, WI (FHA|USDA|VA) 212 $25,580,000 $120,660 $1,059 2.87%
    Shawano, WI (FHA|USDA|VA) 55 $8,245,000 $149,909 $1,262 2.78%
    FOND DU LAC, WI (FHA|USDA|VA) 57 $8,115,000 $142,368 $1,269 2.97%
    Stevens Point, WI (FHA|USDA|VA) 34 $4,780,000 $140,588 $1,295 2.77%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $3,165,000 $1,055,000 $4,160 2.92%
    Marinette, WI-MI (FHA|USDA|VA) 19 $3,075,000 $161,842 $1,327 2.76%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 16 $3,020,000 $188,750 $1,538 2.93%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 7 $1,245,000 $177,857 $1,795 2.80%
    SHEBOYGAN, WI (FHA|USDA|VA) 7 $1,075,000 $153,571 $962 2.57%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $1,030,000 $515,000 $4,616 3.19%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $805,000 $805,000 $3,386 2.88%
    Baraboo, WI (FHA|USDA|VA) 3 $795,000 $265,000 $2,291 3.21%
    MADISON, WI (FHA|USDA|VA) 5 $705,000 $141,000 $1,325 2.60%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $665,000 $665,000 $2,790 2.88%
    TUCSON, AZ (FHA|USDA|VA) 1 $475,000 $475,000 $4,931 2.88%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $475,000 $475,000 $3,156 2.50%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $365,000 $365,000 $3,757 3.00%
    Beaver Dam, WI (FHA|USDA|VA) 4 $360,000 $90,000 $1,042 2.97%
    RACINE, WI (FHA|USDA|VA) 2 $260,000 $130,000 $1,591 2.75%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $255,000 $255,000 $2,496 3.00%
    Iron Mountain, MI-WI (FHA|USDA|VA) 1 $205,000 $205,000 $2,367 3.00%
    Whitewater, WI (FHA|USDA|VA) 1 $175,000 $175,000 $1,827 3.25%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $165,000 $165,000 $2,264 3.38%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $85,000 $85,000 $2,701 2.75%
    Community First Credit Union's top markets include Appleton, Oshkosh, Green Bay, Manitowoc, and Shawano among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • California (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.

    FOND DU LAC
    Similarity Rank: 128
    PROSPERA Credit Union
    Similarity Rank: 140
    Prevail Bank
    Similarity Rank: 154
    UNITEDONE Credit Union
    Similarity Rank: 240
    Wolf River Community Bank
    Similarity Rank: 450
    The Stephenson National Bank and Trust
    Similarity Rank: 456
    The Bank of Kaukauna
    Similarity Rank: 484
    The Greenwood's State Bank
    Similarity Rank: 500
    Settlers Bank
    Similarity Rank: 513
    Fox Valley Savings Bank
    Similarity Rank: 516

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,560 $732,680,000 $160,675 $1,143 2.84%

    For 2021, Community First Credit Union's most frequently originated type of loan was Conventional, with 4,560 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 1,804 $279,990,000 $155,205 $1,021 2.80%
    Refi 1,386 $197,810,000 $142,720 $956 2.72%
    Home Purchase 920 $193,820,000 $210,674 $1,977 3.11%
    Home Improvement 321 $51,245,000 $159,642 $511 2.72%
    Other 129 $9,815,000 $76,085 $554 2.93%

    For 2021, Community First Credit Union's most frequently cited loan purpose was Cash Out Refi, with 1,804 originations. The 2nd most popular reason was Refi, with 1,386 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,438 $288,570,000 $200,675 $1,803 3.16%
    10 Year 1,323 $186,345,000 $140,850 $596 2.59%
    Other 856 $106,200,000 $124,065 $520 2.77%
    15 Year 627 $96,855,000 $154,474 $1,466 2.58%
    20 Year 275 $45,445,000 $165,255 $1,515 2.99%
    5 Year 40 $9,220,000 $230,500 $0 3.79%
    3 Year 1 $45,000 $45,000 $0 4.00%

    For 2021, Community First Credit Union's most frequently cited loan duration was 30 Year, with 1,438 originations. The 2nd most popular length was 10 Year, with 1,323 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 4,470 $680,130,000 $152,154
    $1k-2k 1 $295,000 $295,000

    Community First Credit Union's average total fees were $1,803, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 4,470 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 1,888 $242,350,000 $128,363
    2.5-3% 1,369 $233,835,000 $170,807
    3-4% 1,251 $252,575,000 $201,898
    4-5% 34 $2,870,000 $84,412
    5-6% 9 $645,000 $71,667
    Over 8% 6 $200,000 $33,333
    6-7% 2 $40,000 $20,000
    7-8% 1 $165,000 $165,000

    During 2021, Community First Credit Union's average interest rate for loans was 3.16%, while their most frequently originated rate bucket for loans was <2.5%, with 1,888 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 2,018 $288,010,000 $142,721 $1,211 2.84%
    $100,000 or less 1,466 $90,950,000 $62,040 $709 2.77%
    $200k-400k 955 $247,755,000 $259,429 $1,540 2.93%
    $400k-600k 84 $39,720,000 $472,857 $2,195 2.85%
    $600k-1MM 27 $19,775,000 $732,407 $2,302 2.92%
    $1MM+ 10 $46,470,000 $4,647,000 $2,562 3.11%

    2021 saw Community First Credit Union place emphasis on $100k-200k loans with 2,018 originations, totaling $288,010,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,127 $191,795,000 $170,182 $1,124 2.77%
    $50k-75k 1,097 $140,145,000 $127,753 $1,119 2.84%
    $75k-100k 910 $135,200,000 $148,571 $1,179 2.83%
    $50k or less 831 $83,455,000 $100,427 $1,126 2.97%
    $150k-250k 464 $99,040,000 $213,448 $1,137 2.70%
    $250k+ 86 $33,860,000 $393,721 $1,502 2.69%

    Community First Credit Union lent most frequently to those with incomes in the $100k-150k range, with 1,127 originations. The second most popular income band? $50k-75k, with 1,097 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,455 $218,745,000 $150,340 $1,132 2.81%
    30-36% 900 $138,420,000 $153,800 $1,165 2.85%
    <20% 787 $98,935,000 $125,712 $909 2.69%
    38% 154 $23,710,000 $153,961 $1,223 2.96%
    37% 146 $24,850,000 $170,205 $1,246 2.86%
    36% 145 $24,155,000 $166,586 $1,278 2.89%
    39% 144 $20,190,000 $140,208 $1,122 2.84%
    42% 131 $22,045,000 $168,282 $1,223 2.86%
    40% 123 $19,235,000 $156,382 $1,175 2.84%
    41% 117 $17,475,000 $149,359 $1,211 2.90%
    43% 95 $16,915,000 $178,053 $1,313 2.99%
    44% 65 $10,415,000 $160,231 $1,358 2.96%
    47% 56 $10,960,000 $195,714 $1,566 2.97%
    45% 40 $6,940,000 $173,500 $1,317 2.98%
    50-60% 36 $6,180,000 $171,667 $1,237 2.92%
    46% 33 $7,305,000 $221,364 $1,551 2.98%
    48% 31 $5,255,000 $169,516 $1,564 2.97%
    >60% 29 $6,845,000 $236,034 $1,509 3.04%
    49% 18 $3,800,000 $211,111 $1,720 2.93%

    Community First Credit Union lent most frequently to those with DTI ratios of 20-30%, with 1,455 originations. The next most common DTI ratio? 30-36%, with 900 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,049 $616,905,000 $152,360 $1,173 2.84%
    Not provided 386 $54,550,000 $141,321 $799 2.72%
    Not applicable 42 $47,670,000 $1,135,000 $458 3.69%
    Asian 48 $8,560,000 $178,333 $1,269 2.84%
    American Indian 23 $3,235,000 $140,652 $1,324 2.88%
    Black 8 $1,300,000 $162,500 $1,481 3.11%
    Asian Indian 2 $250,000 $125,000 $288 2.44%
    Other Asian 2 $210,000 $105,000 $853 2.63%

    Approval Rates

    Total approvals of all applications
    94.85%

    Community First Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.95%

    Community First Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,560 $732,680,000 $160,675

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,560 $732,680,000 $160,675

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 485 $46,325,000 $95,515 $619 2.65%
    40-60% 1,029 $132,845,000 $129,101 $900 2.66%
    60-80% 1,916 $353,930,000 $184,723 $1,243 2.86%
    80-100% 783 $185,285,000 $236,635 $1,862 3.08%
    Over 100% 1 $535,000 $535,000 $0 4.00%
    Under 20% 339 $12,685,000 $37,419 $428 2.89%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    COMMUNITY MORTGAGE CORPORATION FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%