Navigator Cu Mortgage Rates, Fees & Info

Pascagoula, MS

LEI: 5493006OZEG7DK77IP05

Tax ID: 64-0179401

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

    Navigator Cu is a smaller mortgage company specializing in Home Purchase and Refi loans. Navigator Cu has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Gulfport, Mobile, and Daphne among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Navigator Cu has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Navigator Cu 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 7.10% 12/16/24
    30 Year Conventional Refi 5.11% 12/16/24
    30 Year Cash-out Refi 6.57% 12/16/24
    30 Year USDA Purchase 6.27% 12/16/24
    30 Year USDA Refi 6.27% 12/16/24
    15 Year Conventional Purchase 6.05% 12/16/24
    15 Year Conventional Refi 6.42% 12/16/24
    15 Year Cash-out Refi 6.42% 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.

    Navigator Cu Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Navigator Cu. 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

    86

    Origination Dollar Volume (All Markets)

    $8,970,000

    Awards

    NAVIGATOR CU 30 Year Conventional Loans silver
    Show all (1) 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
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 54 $5,360,000 $99,259 $2,565 4.58%
    MOBILE, AL (FHA|USDA|VA) 28 $3,210,000 $114,643 $2,725 4.45%
    Outside of Metro Areas 2 $320,000 $160,000 $3,559 4.56%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $80,000 $40,000 $1,801 4.19%
    Navigator Cu's top markets include Gulfport, Mobile, and Daphne among others.

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

    • Similar Lenders

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

    NAVIGATOR CU
    Similarity Rank: 208
    APCO EMPLOYEES
    Similarity Rank: 561
    First Federal Bank, A FSB
    Similarity Rank: 945
    Tyndall Federal Credit Union
    Similarity Rank: 1333
    FBT Mortgage, L.L.C.
    Similarity Rank: 1647
    KEESLER
    Similarity Rank: 1692
    Gulf Coast Bank and Trust Company
    Similarity Rank: 1700
    MORTGAGE INVESTORS GROUP, INC.
    Similarity Rank: 1802
    Christensen Financial, Inc.
    Similarity Rank: 2021
    Synovus Mortgage Corp
    Similarity Rank: 2232

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 83 $8,555,000 $103,072 $2,585 4.52%
    USDA 3 $415,000 $138,333 $3,659 4.79%

    For 2018, Navigator Cu's most frequently originated type of loan was Conventional, with 83 originations. Their 2nd most popular type was USDA, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 39 $4,535,000 $116,282 $2,715 4.60%
    Refi 38 $3,590,000 $94,474 $2,504 4.38%
    Cash Out Refi 9 $845,000 $93,889 $2,722 4.85%

    For 2018, Navigator Cu's most frequently cited loan purpose was Home Purchase, with 39 originations. The 2nd most popular reason was Refi, with 38 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 36 $4,520,000 $125,556 $2,928 4.75%
    15 Year 31 $2,715,000 $87,581 $2,494 4.36%
    10 Year 11 $615,000 $55,909 $1,838 4.28%
    20 Year 6 $990,000 $165,000 $3,026 4.69%
    Other 2 $130,000 $65,000 $2,222 4.00%

    For 2018, Navigator Cu's most frequently cited loan duration was 30 Year, with 36 originations. The 2nd most popular length was 15 Year, with 31 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 42 $3,160,000 $75,238
    $1k-2k 37 $4,325,000 $116,892
    $2k-3k 6 $1,270,000 $211,667
    $4k-5k 1 $215,000 $215,000

    Navigator Cu's average total fees were $2,928, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 42 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 53 $6,095,000 $115,000
    3-4% 23 $1,905,000 $82,826
    5-6% 8 $900,000 $112,500
    7-8% 2 $70,000 $35,000

    During 2018, Navigator Cu's average interest rate for loans was 4.75%, while their most frequently originated rate bucket for loans was 4-5%, with 53 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 48 $3,140,000 $65,417 $2,225 4.52%
    $100k-200k 31 $4,185,000 $135,000 $2,890 4.50%
    $200k-400k 7 $1,645,000 $235,000 $4,165 4.70%

    2018 saw Navigator Cu place emphasis on $100,000 or less loans with 48 originations, totaling $3,140,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 34 $3,710,000 $109,118 $2,752 4.44%
    $50k or less 22 $1,580,000 $71,818 $2,235 4.53%
    $75k-100k 14 $1,730,000 $123,571 $2,820 4.80%
    $100k-150k 11 $1,265,000 $115,000 $2,694 4.56%
    $150k-250k 4 $600,000 $150,000 $2,771 4.06%
    $250k+ 1 $85,000 $85,000 $2,595 5.00%

    Navigator Cu lent most frequently to those with incomes in the $50k-75k range, with 34 originations. The second most popular income band? $50k or less, with 22 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 40 $3,960,000 $99,000 $2,642 4.63%
    30-36% 13 $1,265,000 $97,308 $2,406 4.30%
    <20% 13 $1,275,000 $98,077 $2,381 4.16%
    41% 3 $395,000 $131,667 $2,756 4.83%
    36% 3 $275,000 $91,667 $2,573 4.33%
    39% 3 $455,000 $151,667 $3,331 4.54%
    49% 2 $280,000 $140,000 $2,658 4.31%
    37% 2 $300,000 $150,000 $4,107 4.88%
    40% 2 $240,000 $120,000 $2,851 4.88%
    45% 2 $270,000 $135,000 $2,944 4.88%
    44% 1 $55,000 $55,000 $1,250 5.25%
    42% 1 $145,000 $145,000 $2,930 5.25%
    43% 1 $55,000 $55,000 $2,382 4.63%

    Navigator Cu lent most frequently to those with DTI ratios of 20-30%, with 40 originations. The next most common DTI ratio? 30-36%, with 13 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 60 $6,520,000 $108,667 $2,617 4.39%
    Black 16 $1,540,000 $96,250 $2,586 4.69%
    Not provided 9 $795,000 $88,333 $2,689 5.24%
    Asian 1 $115,000 $115,000 $2,956 4.00%

    Approval Rates

    Total approvals of all applications
    60.42%

    Navigator Cu has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    68.60%

    Navigator Cu has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 86 $8,970,000 $104,302

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $35,000 $35,000
    Single Family (1-4 Units):Site-Built 85 $8,935,000 $105,118

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 6 $310,000 $51,667 $1,892 4.17%
    40-60% 15 $1,145,000 $76,333 $2,175 4.68%
    60-80% 22 $2,310,000 $105,000 $2,754 4.34%
    80-100% 40 $4,960,000 $124,000 $2,892 4.67%
    Over 100% 1 $185,000 $185,000 $1,779 4.00%
    Under 20% 2 $60,000 $30,000 $1,750 4.00%