National Institutes Of Health Federal Credit Union Mortgage Rates, Fees & Info

Rockville, MD

LEI: 5493007KLU19FK8PG279

Tax ID: 52-0599025

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

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Mortgage Data

Review & Overview

National Institutes Of Health Federal Credit Union is a smaller credit union specializing in Refi, Cash Out Refi, and Home Purchase loans. National Institutes Of Health Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Washington, Baltimore, Raleigh, Durham, and Richmond among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)

National Institutes Of Health Federal 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.

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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.29% 3/28/24
30 Year Conventional Refi 6.35% 3/28/24
30 Year Cash-out Refi 6.37% 3/28/24
15 Year Conventional Purchase 5.68% 3/28/24
15 Year Conventional Refi 5.87% 3/28/24
15 Year Cash-out Refi 5.87% 3/28/24
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.

National Institutes Of Health 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 National Institutes Of Health 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

464

Origination Dollar Volume (All Markets)

$146,100,000

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
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 372 $121,170,000 $325,726 $0 0.00%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 59 $17,105,000 $289,915 $0 0.00%
Outside of Metro Areas 6 $1,350,000 $225,000 $0 0.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 4 $1,000,000 $250,000 $0 0.00%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $995,000 $331,667 $0 0.00%
RICHMOND, VA (FHA|USDA|VA) 3 $755,000 $251,667 $0 0.00%
ASHEVILLE, NC (FHA|USDA|VA) 2 $720,000 $360,000 $0 0.00%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $685,000 $228,333 $0 0.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $340,000 $170,000 $0 0.00%
DOVER, DE (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $260,000 $130,000 $0 0.00%
ROANOKE, VA (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
PITTSBURGH, PA (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
GETTYSBURG, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
National Institutes Of Health Federal Credit Union's top markets include Washington, Baltimore, Raleigh, Durham, and Richmond among others.

Their top states include:
  • Maryland (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 464 $146,100,000 $314,871 $0 0.00%

    For 2021, National Institutes Of Health Federal Credit Union's most frequently originated type of loan was Conventional, with 464 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 209 $69,725,000 $333,612 $0 0.00%
    Cash Out Refi 130 $42,740,000 $328,769 $0 0.00%
    Home Purchase 87 $30,925,000 $355,460 $0 0.00%
    Home Improvement 24 $1,660,000 $69,167 $0 0.00%
    Other 14 $1,050,000 $75,000 $0 0.00%

    For 2021, National Institutes Of Health Federal Credit Union's most frequently cited loan purpose was Refi, with 209 originations. The 2nd most popular reason was Cash Out Refi, with 130 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 464 $146,100,000 $314,871 $0 0.00%

    For 2021, National Institutes Of Health Federal Credit Union's most frequently cited loan duration was Other, with 464 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 225 $66,185,000 $294,156 $0 0.00%
    $400k-600k 106 $50,900,000 $480,189 $0 0.00%
    $100k-200k 73 $11,485,000 $157,329 $0 0.00%
    $100,000 or less 40 $2,120,000 $53,000 $0 0.00%
    $600k-1MM 18 $12,490,000 $693,889 $0 0.00%
    $1MM+ 2 $2,920,000 $1,460,000 $0 0.00%

    2021 saw National Institutes Of Health Federal Credit Union place emphasis on $200k-400k loans with 225 originations, totaling $66,185,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 162 $48,000,000 $296,296 $0 0.00%
    $150k-250k 141 $47,445,000 $336,489 $0 0.00%
    $250k+ 62 $27,330,000 $440,806 $0 0.00%
    $75k-100k 62 $14,990,000 $241,774 $0 0.00%
    $50k-75k 31 $7,295,000 $235,323 $0 0.00%
    $50k or less 5 $605,000 $121,000 $0 0.00%

    National Institutes Of Health Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 162 originations. The second most popular income band? $150k-250k, with 141 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 464 $146,100,000 $314,871 $0 0.00%

    National Institutes Of Health Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 464 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 205 $59,345,000 $289,488 $0 0.00%
    Not provided 93 $33,115,000 $356,075 $0 0.00%
    Black 86 $25,240,000 $293,488 $0 0.00%
    Asian 49 $17,695,000 $361,122 $0 0.00%
    Asian Indian 10 $3,800,000 $380,000 $0 0.00%
    Chinese 6 $1,740,000 $290,000 $0 0.00%
    Filipino 4 $1,300,000 $325,000 $0 0.00%
    American Indian 3 $1,105,000 $368,333 $0 0.00%
    Korean 3 $1,025,000 $341,667 $0 0.00%
    Vietnamese 2 $660,000 $330,000 $0 0.00%
    Other Asian 1 $595,000 $595,000 $0 0.00%
    Other Pacific Islander 1 $325,000 $325,000 $0 0.00%
    Native Hawaiian or Islander 1 $155,000 $155,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.82%

    National Institutes Of Health Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.00%

    National Institutes Of Health Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 464 $146,100,000 $314,871

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    464 $146,100,000 $314,871

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    NATIONAL ASSET MORTGAGE, LLC Conventional home mortgage Struggling to pay mortgage 2 100.0%