American Airlines Federal Credit Union Mortgage Rates, Fees & Info

Fort Worth, TX

LEI: 5493004RLLKTQS8K7U51

Tax ID: 11-6014903

5 stars - Updated: 5/26/24 - out of 5 stars, based on 52 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

American Airlines Federal Credit Union is a smaller credit union specializing in Home Improvement and Home Purchase loans. American Airlines Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Miami, Tulsa, New York, and Charlotte among others. We have data for 227 markets. (Some data included below & more in-depth data is available with an active subscription.)

American Airlines 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. American Airlines 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) 6.27% 5/26/24
30 Year Conventional Purchase 5.93% 5/26/24
30 Year Conventional Refi 5.41% 5/26/24
30 Year Cash-out Refi 5.62% 5/26/24
15 Year Conventional Purchase 5.23% 5/26/24
15 Year Conventional Refi 5.25% 5/26/24
15 Year Cash-out Refi 5.25% 5/26/24
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.

American Airlines 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 American Airlines 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

2,669

Origination Dollar Volume (All Markets)

$471,305,000

Relative Rate

American Airlines Federal Credit Union's average 30 year fixed mortgage rate was 6.2%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.28%.

Relative Fees (Closing Costs)

American Airlines Federal Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $0.

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
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 772 $152,510,000 $197,552 $0 6.31%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 267 $40,215,000 $150,618 $0 6.55%
TULSA, OK (FHA|USDA|VA) 189 $20,275,000 $107,275 $0 6.55%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 111 $20,125,000 $181,306 $0 6.48%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 93 $19,405,000 $208,656 $0 6.24%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 132 $18,080,000 $136,970 $0 6.50%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 119 $15,185,000 $127,605 $0 6.43%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 44 $10,130,000 $230,227 $0 6.34%
Outside of Metro Areas 45 $9,765,000 $217,000 $0 6.25%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 53 $8,095,000 $152,736 $0 6.35%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 36 $7,310,000 $203,056 $0 6.02%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 21 $6,385,000 $304,048 $0 6.07%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 40 $5,490,000 $137,250 $0 6.53%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 22 $5,020,000 $228,182 $0 6.13%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 29 $5,015,000 $172,931 $0 6.07%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 32 $4,730,000 $147,813 $0 6.31%
RALEIGH-CARY, NC (FHA|USDA|VA) 28 $4,300,000 $153,571 $0 6.48%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 15 $3,805,000 $253,667 $0 6.36%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 16 $3,730,000 $233,125 $0 5.98%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 30 $3,620,000 $120,667 $0 6.71%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 14 $3,390,000 $242,143 $0 5.53%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 18 $3,310,000 $183,889 $0 6.20%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 15 $3,185,000 $212,333 $0 6.15%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 15 $3,065,000 $204,333 $0 6.21%
PORT ST. LUCIE, FL (FHA|USDA|VA) 13 $2,525,000 $194,231 $0 6.33%
JACKSONVILLE, FL (FHA|USDA|VA) 10 $2,460,000 $246,000 $0 6.82%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 10 $2,390,000 $239,000 $0 6.45%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $2,340,000 $390,000 $0 5.88%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 9 $2,295,000 $255,000 $0 5.92%
COLUMBUS, OH (FHA|USDA|VA) 9 $2,065,000 $229,444 $0 6.49%
KANSAS CITY, MO-KS (FHA|USDA|VA) 11 $1,835,000 $166,818 $0 6.28%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $1,810,000 $226,250 $0 6.06%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 6 $1,760,000 $293,333 $0 6.19%
OKLAHOMA CITY, OK (FHA|USDA|VA) 11 $1,755,000 $159,545 $0 6.43%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $1,680,000 $210,000 $0 6.38%
FORT COLLINS, CO (FHA|USDA|VA) 2 $1,630,000 $815,000 $0 6.19%
ST. LOUIS, MO-IL (FHA|USDA|VA) 10 $1,590,000 $159,000 $0 5.77%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 5 $1,535,000 $307,000 $0 6.13%
Mineral Wells, TX (FHA|USDA|VA) 2 $1,510,000 $755,000 $0 6.19%
WINSTON-SALEM, NC (FHA|USDA|VA) 5 $1,475,000 $295,000 $0 6.45%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $1,350,000 $168,750 $0 6.14%
Granbury, TX (FHA|USDA|VA) 5 $1,275,000 $255,000 $0 6.38%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 7 $1,265,000 $180,714 $0 6.39%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 8 $1,260,000 $157,500 $0 6.11%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,245,000 $249,000 $0 7.03%
MADISON, WI (FHA|USDA|VA) 2 $1,170,000 $585,000 $0 6.13%
Aberdeen, WA (FHA|USDA|VA) 1 $1,125,000 $1,125,000 $0 5.75%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 7 $1,085,000 $155,000 $0 5.93%
Key West, FL (FHA|USDA|VA) 2 $1,030,000 $515,000 $0 5.00%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $1,025,000 $146,429 $0 5.93%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 6 $1,020,000 $170,000 $0 6.46%
Gainesville, TX (FHA|USDA|VA) 2 $990,000 $495,000 $0 5.81%
MIDLAND, TX (FHA|USDA|VA) 2 $980,000 $490,000 $0 5.56%
WORCESTER, MA-CT (FHA|USDA|VA) 3 $965,000 $321,667 $0 5.92%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 6 $910,000 $151,667 $0 6.29%
WACO, TX (FHA|USDA|VA) 4 $900,000 $225,000 $0 5.31%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $890,000 $148,333 $0 6.35%
TUCSON, AZ (FHA|USDA|VA) 7 $865,000 $123,571 $0 6.34%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 5 $835,000 $167,000 $0 6.40%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 5 $825,000 $165,000 $0 6.15%
Boone, NC (FHA|USDA|VA) 2 $810,000 $405,000 $0 6.63%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $790,000 $197,500 $0 5.69%
SALINAS, CA (FHA|USDA|VA) 3 $745,000 $248,333 $0 6.54%
Newport, OR (FHA|USDA|VA) 2 $720,000 $360,000 $0 6.38%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $695,000 $231,667 $0 6.29%
URBAN HONOLULU, HI (FHA|USDA|VA) 2 $690,000 $345,000 $0 5.31%
LANCASTER, PA (FHA|USDA|VA) 2 $690,000 $345,000 $0 6.69%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $685,000 $137,000 $0 7.45%
WILMINGTON, NC (FHA|USDA|VA) 5 $655,000 $131,000 $0 6.98%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $650,000 $162,500 $0 6.41%
Jackson, WY-ID (FHA|USDA|VA) 1 $645,000 $645,000 $0 6.63%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 4 $590,000 $147,500 $0 6.31%
KINGSTON, NY (FHA|USDA|VA) 2 $590,000 $295,000 $0 6.50%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $590,000 $147,500 $0 6.75%
FRESNO, CA (FHA|USDA|VA) 3 $575,000 $191,667 $0 6.71%
Show Low, AZ (FHA|USDA|VA) 1 $565,000 $565,000 $0 7.13%
PANAMA CITY, FL (FHA|USDA|VA) 1 $565,000 $565,000 $0 5.63%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 5 $555,000 $111,000 $0 5.95%
BOISE CITY, ID (FHA|USDA|VA) 2 $550,000 $275,000 $0 6.13%
ROCKFORD, IL (FHA|USDA|VA) 3 $545,000 $181,667 $0 6.46%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $540,000 $135,000 $0 5.72%
GRANTS PASS, OR (FHA|USDA|VA) 1 $535,000 $535,000 $0 7.38%
PITTSBURGH, PA (FHA|USDA|VA) 5 $535,000 $107,000 $0 6.60%
LOUISVILLE, KY (FHA|USDA|VA) 3 $535,000 $178,333 $0 6.38%
ASHEVILLE, NC (FHA|USDA|VA) 4 $530,000 $132,500 $0 5.88%
ROME, GA (FHA|USDA|VA) 1 $525,000 $525,000 $0 5.50%
NEW BERN, NC (FHA|USDA|VA) 3 $505,000 $168,333 $0 6.37%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $505,000 $505,000 $0 6.00%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $490,000 $245,000 $0 6.63%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $485,000 $485,000 $0 5.88%
TYLER, TX (FHA|USDA|VA) 2 $480,000 $240,000 $0 5.94%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $475,000 $475,000 $0 5.63%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $465,000 $465,000 $0 7.13%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 5 $455,000 $91,000 $0 5.78%
Torrington, CT (FHA|USDA|VA) 2 $450,000 $225,000 $0 6.88%
LAS CRUCES, NM (FHA|USDA|VA) 1 $445,000 $445,000 $0 5.38%
RACINE, WI (FHA|USDA|VA) 2 $440,000 $220,000 $0 6.06%
FARGO, ND-MN (FHA|USDA|VA) 2 $420,000 $210,000 $0 6.50%
Sanford, NC (FHA|USDA|VA) 5 $415,000 $83,000 $0 6.03%
CORVALLIS, OR (FHA|USDA|VA) 1 $405,000 $405,000 $0 5.88%
NAPA, CA (FHA|USDA|VA) 1 $405,000 $405,000 $0 5.38%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 2 $390,000 $195,000 $0 6.50%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 4 $390,000 $97,500 $0 6.78%
CASPER, WY (FHA|USDA|VA) 1 $385,000 $385,000 $0 5.63%
Stillwater, OK (FHA|USDA|VA) 3 $385,000 $128,333 $0 6.00%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $370,000 $185,000 $0 6.81%
OCALA, FL (FHA|USDA|VA) 2 $360,000 $180,000 $0 5.69%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $360,000 $90,000 $0 6.88%
Corsicana, TX (FHA|USDA|VA) 1 $345,000 $345,000 $0 6.13%
SPRINGFIELD, MO (FHA|USDA|VA) 3 $335,000 $111,667 $0 7.29%
KNOXVILLE, TN (FHA|USDA|VA) 3 $305,000 $101,667 $0 7.46%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $305,000 $305,000 $0 6.00%
Ashland, OH (FHA|USDA|VA) 1 $295,000 $295,000 $0 5.88%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $295,000 $295,000 $0 5.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $290,000 $145,000 $0 8.13%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $280,000 $140,000 $0 5.56%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $280,000 $140,000 $0 5.88%
COLUMBIA, SC (FHA|USDA|VA) 3 $275,000 $91,667 $0 6.13%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $270,000 $135,000 $0 6.69%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $270,000 $135,000 $0 8.63%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $265,000 $265,000 $0 7.13%
READING, PA (FHA|USDA|VA) 2 $260,000 $130,000 $0 6.25%
Breckenridge, CO (FHA|USDA|VA) 1 $255,000 $255,000 $0 7.25%
Laconia, NH (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.63%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.63%
Oxford, MS (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.13%
Edwards, CO (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.88%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $245,000 $245,000 $0 6.13%
Pottsville, PA (FHA|USDA|VA) 1 $235,000 $235,000 $0 6.25%
Ruidoso, NM (FHA|USDA|VA) 1 $235,000 $235,000 $0 6.38%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $235,000 $235,000 $0 5.13%
MODESTO, CA (FHA|USDA|VA) 2 $230,000 $115,000 $0 6.38%
JACKSON, MI (FHA|USDA|VA) 2 $230,000 $115,000 $0 6.06%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 4 $230,000 $57,500 $0 5.97%
SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $225,000 $75,000 $0 7.29%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $220,000 $110,000 $0 5.75%
JACKSON, MS (FHA|USDA|VA) 3 $215,000 $71,667 $0 6.21%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.63%
Hilo, HI (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.13%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $210,000 $105,000 $0 6.63%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $205,000 $205,000 $0 5.50%
Bellefontaine, OH (FHA|USDA|VA) 1 $205,000 $205,000 $0 5.88%
LONGVIEW, WA (FHA|USDA|VA) 1 $205,000 $205,000 $0 5.63%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $205,000 $205,000 $0 7.25%
Durango, CO (FHA|USDA|VA) 1 $205,000 $205,000 $0 6.13%
Searcy, AR (FHA|USDA|VA) 1 $195,000 $195,000 $0 6.88%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $195,000 $65,000 $0 6.79%
ROCHESTER, MN (FHA|USDA|VA) 1 $195,000 $195,000 $0 6.25%
SAGINAW, MI (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.63%
Atmore, AL (FHA|USDA|VA) 1 $185,000 $185,000 $0 7.00%
SPRINGFIELD, MA (FHA|USDA|VA) 3 $185,000 $61,667 $0 5.63%
Mexico, MO (FHA|USDA|VA) 1 $185,000 $185,000 $0 5.75%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $180,000 $90,000 $0 6.88%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $180,000 $90,000 $0 9.25%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $180,000 $90,000 $0 5.75%
SYRACUSE, NY (FHA|USDA|VA) 2 $180,000 $90,000 $0 6.00%
Heber, UT (FHA|USDA|VA) 2 $180,000 $90,000 $0 6.94%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $175,000 $58,333 $0 5.96%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.13%
VALLEJO, CA (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.38%
Brookings, OR (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.63%
Liberal, KS (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.88%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $170,000 $85,000 $0 6.50%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.13%
BRUNSWICK, GA (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.25%
LAFAYETTE, LA (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.63%
Mount Pleasant, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.50%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.13%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $150,000 $75,000 $0 7.50%
STOCKTON, CA (FHA|USDA|VA) 1 $145,000 $145,000 $0 6.13%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $145,000 $145,000 $0 6.63%
Wilson, NC (FHA|USDA|VA) 2 $140,000 $70,000 $0 5.75%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.00%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 3 $125,000 $41,667 $0 6.96%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.38%
Shelby, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.63%
Salem, OH (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.63%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $125,000 $41,667 $0 7.13%
Whitewater, WI (FHA|USDA|VA) 2 $120,000 $60,000 $0 6.06%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.13%
Athens, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.88%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $115,000 $38,333 $0 7.46%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $110,000 $55,000 $0 8.88%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.25%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.13%
Ardmore, OK (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.25%
Lebanon, NH-VT (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.63%
ROCHESTER, NY (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $90,000 $45,000 $0 7.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $85,000 $85,000 $0 9.88%
Indiana, PA (FHA|USDA|VA) 1 $85,000 $85,000 $0 6.63%
PROVO-OREM, UT (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.63%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $80,000 $40,000 $0 6.13%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.88%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.13%
RICHMOND, VA (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.88%
BANGOR, ME (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.74%
Marquette, MI (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.25%
Sault Ste. Marie, MI (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.63%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.63%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.88%
DECATUR, AL (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.00%
Fergus Falls, MN (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.13%
Albemarle, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.63%
SPARTANBURG, SC (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.38%
Cullowhee, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.13%
AKRON, OH (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.38%
TOLEDO, OH (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.88%
ALTOONA, PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.38%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.38%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.88%
RENO, NV (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.63%
TOPEKA, KS (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.63%
Gaffney, SC (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.13%
Bartlesville, OK (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.25%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.38%
Sandpoint, ID (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.88%
ABILENE, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.13%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.38%
HARRISONBURG, VA (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.88%
Eagle Pass, TX (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.38%
Cambridge, OH (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.63%
Russellville, AR (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.88%
GETTYSBURG, PA (FHA|USDA|VA) 1 $25,000 $25,000 $0 6.13%
Payson, AZ (FHA|USDA|VA) 1 $15,000 $15,000 $0 5.88%
Lewisburg, TN (FHA|USDA|VA) 1 $15,000 $15,000 $0 6.38%
American Airlines Federal Credit Union's top markets include Dallas, Miami, Tulsa, New York, and Charlotte among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,924 $194,940,000 $101,320 n/a 6.46%
    Conventional 745 $276,365,000 $370,960 $0 6.14%

    For 2023, American Airlines Federal Credit Union's most frequently originated type of loan was HELOC, with 1,924 originations. Their 2nd most popular type was Conventional, with 745 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 1,199 $117,465,000 $97,969 $0 6.35%
    Home Purchase 754 $267,290,000 $354,496 $0 6.16%
    Other 489 $44,115,000 $90,215 $0 6.81%
    Refi 130 $21,160,000 $162,769 $0 6.19%
    Cash Out Refi 97 $21,275,000 $219,330 $0 6.26%

    For 2023, American Airlines Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 1,199 originations. The 2nd most popular reason was Home Purchase, with 754 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 1,062 $100,390,000 $94,529 $0 6.17%
    15 Year 953 $119,755,000 $125,661 $0 6.71%
    30 Year 652 $250,910,000 $384,831 $0 6.20%
    20 Year 1 $55,000 $55,000 $0 7.13%
    Other 1 $195,000 $195,000 $0 6.75%

    For 2023, American Airlines Federal Credit Union's most frequently cited loan duration was 10 Year, with 1,062 originations. The 2nd most popular length was 15 Year, with 953 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 199 $74,095,000 $372,337

    American Airlines Federal Credit Union's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 199 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,156 $198,610,000 $171,808
    5-6% 1,078 $207,760,000 $192,727
    Over 8% 217 $16,945,000 $78,088
    7-8% 178 $35,150,000 $197,472
    4-5% 34 $11,630,000 $342,059
    3-4% 3 $495,000 $165,000
    2.5-3% 2 $380,000 $190,000
    <2.5% 1 $335,000 $335,000

    During 2023, American Airlines Federal Credit Union's average interest rate for loans was 6.20%, while their most frequently originated rate bucket for loans was 6-7%, with 1,156 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,154 $66,890,000 $57,964 $0 6.55%
    $100k-200k 726 $95,290,000 $131,253 $0 6.31%
    $200k-400k 523 $144,185,000 $275,688 $0 6.20%
    $400k-600k 173 $81,805,000 $472,861 $0 6.15%
    $600k-1MM 71 $52,915,000 $745,282 $0 5.98%
    $1MM+ 22 $30,220,000 $1,373,636 $0 5.84%

    2023 saw American Airlines Federal Credit Union place emphasis on $100,000 or less loans with 1,154 originations, totaling $66,890,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 696 $99,400,000 $142,816 $0 6.45%
    $150k-250k 669 $144,205,000 $215,553 $0 6.25%
    $75k-100k 436 $54,470,000 $124,931 $0 6.48%
    $50k-75k 358 $34,990,000 $97,737 $0 6.53%
    $250k+ 336 $121,610,000 $361,935 $0 6.12%
    $50k or less 146 $13,880,000 $95,068 $0 6.33%

    American Airlines Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 696 originations. The second most popular income band? $150k-250k, with 669 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 451 $79,665,000 $176,641 $0 6.17%
    50-60% 432 $55,930,000 $129,468 $0 6.56%
    30-36% 416 $81,990,000 $197,091 $0 6.35%
    <20% 170 $23,200,000 $136,471 $0 6.04%
    39% 95 $14,935,000 $157,211 $0 6.80%
    44% 91 $19,265,000 $211,703 $0 6.51%
    45% 86 $20,020,000 $232,791 $0 6.43%
    37% 85 $18,545,000 $218,176 $0 6.44%
    43% 83 $18,675,000 $225,000 $0 6.33%
    42% 82 $15,440,000 $188,293 $0 6.51%
    46% 81 $17,355,000 $214,259 $0 6.34%
    36% 80 $15,130,000 $189,125 $0 6.21%
    40% 79 $15,615,000 $197,658 $0 6.28%
    49% 78 $15,210,000 $195,000 $0 6.53%
    47% 76 $13,450,000 $176,974 $0 6.38%
    41% 75 $13,905,000 $185,400 $0 6.29%
    38% 71 $10,225,000 $144,014 $0 6.34%
    48% 68 $13,740,000 $202,059 $0 6.51%
    >60% 68 $8,370,000 $123,088 $0 6.40%

    American Airlines Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 451 originations. The next most common DTI ratio? 50-60%, with 432 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,627 $297,075,000 $182,591 $0 6.34%
    Not provided 667 $101,365,000 $151,972 $0 6.38%
    Black 208 $33,260,000 $159,904 $0 6.67%
    Asian 90 $20,890,000 $232,111 $0 6.16%
    Asian Indian 18 $10,490,000 $582,778 $0 6.01%
    American Indian 41 $5,365,000 $130,854 $0 6.44%
    Other Pacific Islander 2 $510,000 $255,000 $0 6.69%
    Other Asian 5 $505,000 $101,000 $0 6.70%
    Guamanian 1 $485,000 $485,000 $0 5.63%
    Native Hawaiian or Islander 5 $455,000 $91,000 $0 6.25%
    Vietnamese 2 $330,000 $165,000 $0 6.13%
    Chinese 1 $205,000 $205,000 $0 6.13%
    Not applicable 1 $195,000 $195,000 $0 6.75%
    Filipino 1 $175,000 $175,000 $0 6.38%

    Approval Rates

    Total approvals of all applications
    72.89%

    American Airlines Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    82.50%

    American Airlines Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,669 $471,305,000 $176,585

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,669 $471,305,000 $176,585

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 666 $94,780,000 $142,312 $0 6.50%
    40-60% 186 $41,730,000 $224,355 $0 6.19%
    60-80% 323 $118,215,000 $365,991 $0 6.15%
    80-100% 316 $131,640,000 $416,582 $0 6.22%
    Under 20% 1,176 $84,300,000 $71,684 $0 6.42%