Clark County Credit Union Mortgage Rates, Fees & Info

LAS VEGAS, NV

LEI: 5493002HQBP2ODIIFH94

Tax ID: 88-0065951

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

    Clark County Credit Union is a smaller credit union specializing in Home Improvement and Other loans. Clark County Credit Union has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Las Vegas, Pahrump, Albuquerque, Wichita, and Reno among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Clark County 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. Clark County Credit Union is typically an average 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
    Home Equity Line of Credit (HELOC) 6.27% 11/21/24
    30 Year Conventional Purchase 5.76% 11/21/24
    30 Year Conventional Refi 6.47% 11/21/24
    30 Year Cash-out Refi 6.52% 11/21/24
    30 Year FHA Purchase 7.12% 11/21/24
    30 Year VA Purchase 6.16% 11/21/24
    15 Year Conventional Purchase 7.45% 11/21/24
    15 Year Conventional Refi 6.48% 11/21/24
    15 Year Cash-out Refi 6.48% 11/21/24
    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.

    Clark County Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Clark County 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

    1,584

    Origination Dollar Volume (All Markets)

    $197,630,000

    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
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1,566 $194,160,000 $123,985 $5,232 5.20%
    Outside of Metro Areas 6 $1,270,000 $211,667 $5,262 4.56%
    Pahrump, NV (FHA|USDA|VA) 7 $735,000 $105,000 $3,631 5.80%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $555,000 $555,000 $5,475 7.38%
    WICHITA, KS (FHA|USDA|VA) 1 $455,000 $455,000 $3,435 4.88%
    RENO, NV (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.00%
    Elko, NV (FHA|USDA|VA) 2 $200,000 $100,000 $0 7.63%
    Clark County Credit Union's top markets include Las Vegas, Pahrump, Albuquerque, Wichita, and Reno among others.

    Their top states include:
  • Nevada (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)

    • Similar Lenders

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

    SIMPLIFI MORTGAGE, LLC
    Similarity Rank: 660
    SILVER STATE SCHOOLS SERVICE COMPANY, LLC
    Similarity Rank: 935
    CLARK COUNTY CREDIT UNION
    Similarity Rank: 1015
    UNIFY FINANCIAL Credit Union
    Similarity Rank: 1200
    Cathay Bank
    Similarity Rank: 1292
    Credit Union 1
    Similarity Rank: 1650
    ONE NEVADA CREDIT UNION
    Similarity Rank: 1920
    East West Bank
    Similarity Rank: 1927
    Financial Partners Credit Union
    Similarity Rank: 2772
    LOGIX FEDERAL CREDIT UNION
    Similarity Rank: 2856

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,329 $121,555,000 $91,464 n/a 5.26%
    Conventional 234 $69,890,000 $298,675 $5,025 4.85%
    VA 8 $3,610,000 $451,250 $6,018 4.64%
    FHA 7 $2,195,000 $313,571 $10,503 5.18%
    FHA 6 $380,000 $63,333 $0 5.96%

    For 2022, Clark County Credit Union's most frequently originated type of loan was HELOC, with 1,329 originations. Their 2nd most popular type was Conventional, with 234 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 890 $84,690,000 $95,157 $2,847 5.12%
    Other 492 $41,250,000 $83,841 $0 5.60%
    Home Purchase 96 $35,810,000 $373,021 $6,970 4.75%
    Cash Out Refi 69 $23,485,000 $340,362 $4,958 4.42%
    Refi 35 $12,295,000 $351,286 $4,581 4.02%
    NA 2 $100,000 $50,000 $0 5.50%

    For 2022, Clark County Credit Union's most frequently cited loan purpose was Home Improvement, with 890 originations. The 2nd most popular reason was Other, with 492 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 1,414 $132,000,000 $93,352 $2,987 5.27%
    30 Year 167 $65,005,000 $389,251 $6,256 4.57%
    10 Year 2 $400,000 $200,000 $3,011 3.68%
    20 Year 1 $225,000 $225,000 $2,565 3.88%

    For 2022, Clark County Credit Union's most frequently cited loan duration was 15 Year, with 1,414 originations. The 2nd most popular length was 30 Year, with 167 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 168 $43,210,000 $257,202
    $5k+ 27 $17,045,000 $631,296
    $2k-3k 23 $6,555,000 $285,000
    $3k-4k 15 $5,045,000 $336,333
    $4k-5k 7 $2,515,000 $359,286
    $<1k 6 $1,100,000 $183,333

    Clark County Credit Union's average total fees were $6,256, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 168 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 534 $70,720,000 $132,434
    4-5% 307 $45,855,000 $149,365
    6-7% 269 $24,435,000 $90,836
    5-6% 248 $30,170,000 $121,653
    7-8% 135 $13,895,000 $102,926
    Over 8% 55 $4,575,000 $83,182
    2.5-3% 9 $3,185,000 $353,889

    During 2022, Clark County Credit Union's average interest rate for loans was 4.57%, while their most frequently originated rate bucket for loans was 3-4%, with 534 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 883 $47,795,000 $54,128 $2,708 5.32%
    $100k-200k 427 $53,285,000 $124,789 $3,235 5.18%
    $200k-400k 207 $54,275,000 $262,198 $5,244 4.99%
    $400k-600k 45 $21,075,000 $468,333 $7,178 4.41%
    $600k-1MM 14 $10,250,000 $732,143 $9,060 4.20%
    $1MM+ 8 $10,950,000 $1,368,750 $16,200 4.27%

    2022 saw Clark County Credit Union place emphasis on $100,000 or less loans with 883 originations, totaling $47,795,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 424 $50,750,000 $119,693 $6,061 5.06%
    $150k-250k 291 $45,355,000 $155,859 $5,419 5.07%
    $50k or less 289 $24,845,000 $85,969 $3,534 5.68%
    $75k-100k 248 $23,380,000 $94,274 $3,665 5.36%
    $50k-75k 230 $26,100,000 $113,478 $4,649 5.07%
    $250k+ 99 $26,925,000 $271,970 $8,948 4.72%

    Clark County Credit Union lent most frequently to those with incomes in the $100k-150k range, with 424 originations. The second most popular income band? $150k-250k, with 291 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 43 $12,295,000 $285,930 $5,130 4.52%
    20-30% 43 $11,005,000 $255,930 $4,133 4.68%
    44% 24 $6,620,000 $275,833 $6,188 4.98%
    43% 18 $3,420,000 $190,000 $3,778 5.48%
    42% 15 $4,415,000 $294,333 $4,415 4.99%
    39% 13 $4,125,000 $317,308 $6,133 4.87%
    40% 12 $3,120,000 $260,000 $5,284 5.37%
    <20% 11 $3,975,000 $361,364 $4,628 4.28%
    45% 11 $3,075,000 $279,545 $5,898 5.24%
    41% 10 $6,980,000 $698,000 $9,141 4.21%
    50-60% 9 $3,655,000 $406,111 $7,985 4.61%
    38% 8 $2,950,000 $368,750 $3,534 4.71%
    36% 8 $2,950,000 $368,750 $4,132 4.96%
    46% 6 $1,790,000 $298,333 $5,959 4.92%
    37% 5 $1,765,000 $353,000 $5,383 4.50%
    49% 4 $870,000 $217,500 $5,476 6.65%
    48% 3 $1,335,000 $445,000 $6,300 4.17%
    >60% 2 $1,070,000 $535,000 $5,374 3.88%
    47% 1 $55,000 $55,000 $2,936 5.75%

    Clark County Credit Union lent most frequently to those with DTI ratios of 30-36%, with 43 originations. The next most common DTI ratio? 20-30%, with 43 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,062 $127,280,000 $119,849 $5,328 5.27%
    Not provided 128 $23,350,000 $182,422 $5,045 4.75%
    Asian 166 $21,430,000 $129,096 $5,925 5.19%
    Black 180 $19,880,000 $110,444 $4,406 5.26%
    Filipino 13 $1,945,000 $149,615 $8,729 4.68%
    Native Hawaiian or Islander 9 $1,555,000 $172,778 $3,835 5.00%
    American Indian 14 $1,080,000 $77,143 $2,936 4.73%
    Korean 2 $270,000 $135,000 $0 6.75%
    Other Asian 2 $210,000 $105,000 $0 5.50%
    Not applicable 3 $185,000 $61,667 $0 4.92%
    Japanese 1 $135,000 $135,000 $0 5.75%
    Guamanian 1 $105,000 $105,000 $0 3.25%
    1 $75,000 $75,000 $0 3.25%
    Native Hawaiian 1 $65,000 $65,000 $0 4.00%
    Vietnamese 1 $65,000 $65,000 $0 5.25%

    Approval Rates

    Total approvals of all applications
    98.63%

    Clark County 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
    78.09%

    Clark County Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,584 $197,630,000 $124,766

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,584 $197,630,000 $124,766

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 365 $54,865,000 $150,315 $4,229 5.26%
    40-60% 88 $28,420,000 $322,955 $4,234 4.67%
    60-80% 65 $22,965,000 $353,308 $5,436 4.35%
    80-100% 63 $25,255,000 $400,873 $8,067 4.74%
    Over 100% 1 $225,000 $225,000 $0 4.75%
    Under 20% 998 $65,500,000 $65,631 $2,733 5.31%