Appletree Credit Union Mortgage Rates, Fees & Info

West Allis, WI

LEI: 254900TI83SWW04ZPZ29

Tax ID: 39-0388215

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

    Appletree Credit Union is a smaller credit union specializing in Cash Out Refi and Refi loans. Appletree Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Watertown, Racine, Chicago, and Whitewater among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Appletree 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. Appletree 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 6.27% 12/16/24
    30 Year Conventional Refi 5.73% 12/16/24
    30 Year Cash-out Refi 5.59% 12/16/24
    15 Year Conventional Purchase 5.76% 12/16/24
    15 Year Conventional Refi 5.15% 12/16/24
    15 Year Cash-out Refi 5.15% 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.

    Appletree Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Appletree 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

    151

    Origination Dollar Volume (All Markets)

    $20,205,000

    Awards

    AppleTree Credit Union 30 Year Conventional Loans gold AppleTree Credit Union 30 Year Conventional Loans gold AppleTree Credit Union 30 Year Conventional Loans gold AppleTree 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
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 142 $19,050,000 $134,155 $419 3.34%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 3 $435,000 $145,000 $413 3.47%
    RACINE, WI (FHA|USDA|VA) 4 $370,000 $92,500 $334 3.65%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $245,000 $245,000 $525 3.20%
    Whitewater, WI (FHA|USDA|VA) 1 $105,000 $105,000 $670 4.00%
    Appletree Credit Union's top markets include Milwaukee, Watertown, Racine, Chicago, and Whitewater among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against AppleTree 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
    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
    Partnership Bank
    Similarity Rank: 333
    Glacier Hills Credit Union
    Similarity Rank: 357
    Westbury Bank
    Similarity Rank: 416
    Landmark Credit Union
    Similarity Rank: 600

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 151 $20,205,000 $133,808 $419 3.36%

    For 2018, Appletree Credit Union's most frequently originated type of loan was Conventional, with 151 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 57 $8,585,000 $150,614 $463 3.35%
    Refi 54 $9,440,000 $174,815 $505 3.17%
    Home Improvement 24 $800,000 $33,333 $201 3.73%
    Other 13 $1,205,000 $92,692 $310 3.37%
    Home Purchase 3 $175,000 $58,333 $198 3.83%

    For 2018, Appletree Credit Union's most frequently cited loan purpose was Cash Out Refi, with 57 originations. The 2nd most popular reason was Refi, with 54 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 58 $7,530,000 $129,828 $431 3.44%
    10 Year 39 $6,075,000 $155,769 $461 3.21%
    5 Year 26 $830,000 $31,923 $196 3.38%
    30 Year 21 $4,965,000 $236,429 $649 3.21%
    15 Year 7 $805,000 $115,000 $266 3.90%

    For 2018, Appletree Credit Union's most frequently cited loan duration was Other, with 58 originations. The 2nd most popular length was 10 Year, with 39 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 150 $20,180,000 $134,533

    Appletree Credit Union's average total fees were $649, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 150 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 90 $13,390,000 $148,778
    2.5-3% 44 $6,220,000 $141,364
    4-5% 16 $580,000 $36,250
    5-6% 1 $15,000 $15,000

    During 2018, Appletree Credit Union's average interest rate for loans was 3.21%, while their most frequently originated rate bucket for loans was 3-4%, with 90 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 76 $3,780,000 $49,737 $205 3.54%
    $100k-200k 45 $6,545,000 $145,444 $526 3.15%
    $200k-400k 26 $7,020,000 $270,000 $728 3.19%
    $400k-600k 2 $1,140,000 $570,000 $1,150 3.20%
    $600k-1MM 2 $1,720,000 $860,000 $1,378 3.30%

    2018 saw Appletree Credit Union place emphasis on $100,000 or less loans with 76 originations, totaling $3,780,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 38 $4,870,000 $128,158 $411 3.43%
    $75k-100k 31 $4,005,000 $129,194 $459 3.33%
    $50k-75k 28 $2,990,000 $106,786 $362 3.39%
    $150k-250k 25 $4,235,000 $169,400 $483 3.44%
    $50k or less 21 $1,515,000 $72,143 $277 3.21%
    $250k+ 8 $2,590,000 $323,750 $686 3.12%

    Appletree Credit Union lent most frequently to those with incomes in the $100k-150k range, with 38 originations. The second most popular income band? $75k-100k, with 31 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 45 $5,975,000 $132,778 $407 3.26%
    30-36% 29 $3,835,000 $132,241 $420 3.46%
    <20% 28 $3,650,000 $130,357 $420 3.25%
    50-60% 7 $955,000 $136,429 $509 3.18%
    36% 5 $645,000 $129,000 $367 3.76%
    42% 4 $440,000 $110,000 $354 3.70%
    37% 4 $320,000 $80,000 $216 3.97%
    45% 4 $700,000 $175,000 $509 3.20%
    48% 4 $300,000 $75,000 $278 3.60%
    44% 3 $185,000 $61,667 $372 3.40%
    47% 3 $535,000 $178,333 $615 3.10%
    >60% 3 $255,000 $85,000 $303 2.97%
    43% 3 $1,265,000 $421,667 $722 3.33%
    41% 2 $50,000 $25,000 $238 3.80%
    38% 2 $410,000 $205,000 $673 3.40%
    46% 2 $310,000 $155,000 $490 3.10%
    49% 1 $215,000 $215,000 $620 3.70%
    40% 1 $25,000 $25,000 $135 4.20%
    39% 1 $135,000 $135,000 $490 3.00%

    Appletree Credit Union lent most frequently to those with DTI ratios of 20-30%, with 45 originations. The next most common DTI ratio? 30-36%, with 29 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 136 $18,610,000 $136,838 $423 3.37%
    Asian 4 $530,000 $132,500 $350 3.30%
    Black 6 $500,000 $83,333 $348 3.38%
    American Indian 2 $240,000 $120,000 $495 3.05%
    Asian Indian 1 $165,000 $165,000 $490 2.90%
    Not provided 1 $105,000 $105,000 $490 3.00%
    Not applicable 1 $55,000 $55,000 $210 2.90%

    Approval Rates

    Total approvals of all applications
    93.01%

    Appletree Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.43%

    Appletree Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 151 $20,205,000 $133,808

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 151 $20,205,000 $133,808

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 29 $2,955,000 $101,897 $350 3.24%
    40-60% 28 $4,570,000 $163,214 $449 3.14%
    60-80% 44 $9,660,000 $219,545 $632 3.21%
    80-100% 6 $1,480,000 $246,667 $612 2.98%
    Under 20% 44 $1,540,000 $35,000 $200 3.78%