Assemblies Of God Credit Union Mortgage Rates, Fees & Info

Springfield, MO

LEI: 5493007OXXFLNNHTW637

Tax ID: 44-0599527

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

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  • 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

    Assemblies Of God Credit Union is a smaller credit union specializing in Home Purchase and Refi loans. Assemblies Of God Credit Union has a high proportion of conventional loans. They have a low ratio of USDA loans. 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: Springfield, Dallas, Joplin, Phoenix, and Branson among others. We have data for 46 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Assemblies Of God Credit Union has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Assemblies Of God 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 6.72% 12/16/24
    30 Year Conventional Refi 6.76% 12/16/24
    30 Year Cash-out Refi 6.66% 12/16/24
    30 Year FHA Purchase 7.99% 12/16/24
    30 Year VA Purchase 6.11% 12/16/24
    30 Year USDA Purchase 6.54% 12/16/24
    15 Year Conventional Purchase 6.13% 12/16/24
    15 Year Conventional Refi 6.50% 12/16/24
    15 Year Cash-out Refi 6.50% 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.

    Assemblies Of God Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Assemblies Of God 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

    450

    Origination Dollar Volume (All Markets)

    $75,470,000
    Show all (10) 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
    SPRINGFIELD, MO (FHA|USDA|VA) 348 $54,090,000 $155,431 $2,219 4.44%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 13 $3,915,000 $301,154 $3,096 3.96%
    Outside of Metro Areas 20 $2,720,000 $136,000 $2,208 4.63%
    JOPLIN, MO (FHA|USDA|VA) 4 $1,190,000 $297,500 $2,287 3.81%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $1,120,000 $280,000 $3,206 3.84%
    Branson, MO (FHA|USDA|VA) 7 $995,000 $142,143 $2,146 4.27%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $870,000 $217,500 $2,834 3.63%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $795,000 $265,000 $3,397 3.83%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $755,000 $251,667 $3,208 4.00%
    ANCHORAGE, AK (FHA|USDA|VA) 2 $590,000 $295,000 $2,347 4.13%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $570,000 $285,000 $2,789 4.88%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $570,000 $285,000 $2,601 3.75%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $485,000 $485,000 $5,172 3.63%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $415,000 $138,333 $2,162 4.04%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $385,000 $385,000 $1,818 4.13%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $350,000 $175,000 $2,576 3.75%
    LOGAN, UT-ID (FHA|USDA|VA) 1 $315,000 $315,000 $2,731 3.88%
    Hillsdale, MI (FHA|USDA|VA) 1 $315,000 $315,000 $2,900 3.75%
    Montrose, CO (FHA|USDA|VA) 1 $275,000 $275,000 $2,648 3.88%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $275,000 $275,000 $2,640 3.75%
    COLUMBUS, OH (FHA|USDA|VA) 1 $265,000 $265,000 $3,580 4.25%
    JACKSON, TN (FHA|USDA|VA) 1 $265,000 $265,000 $2,337 4.38%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $255,000 $255,000 $6,742 3.25%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $255,000 $255,000 $2,617 3.63%
    HOT SPRINGS, AR (FHA|USDA|VA) 2 $230,000 $115,000 $2,309 4.50%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $215,000 $215,000 $2,675 3.38%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $215,000 $215,000 $2,942 4.38%
    MOBILE, AL (FHA|USDA|VA) 1 $215,000 $215,000 $2,396 4.75%
    Picayune, MS (FHA|USDA|VA) 1 $205,000 $205,000 $2,884 3.63%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $205,000 $205,000 $3,061 3.63%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $195,000 $195,000 $986 3.63%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.38%
    RAPID CITY, SD (FHA|USDA|VA) 1 $155,000 $155,000 $2,605 3.88%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $145,000 $145,000 $2,184 3.38%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $135,000 $135,000 $2,141 3.99%
    West Plains, MO (FHA|USDA|VA) 1 $135,000 $135,000 $2,402 4.75%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $135,000 $135,000 $2,611 3.99%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $135,000 $135,000 $2,986 4.88%
    WICHITA, KS (FHA|USDA|VA) 1 $135,000 $135,000 $1,916 3.63%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,076 4.88%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $125,000 $125,000 $2,263 4.63%
    MIDLAND, MI (FHA|USDA|VA) 1 $125,000 $125,000 $2,343 3.75%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,909 3.50%
    Rolla, MO (FHA|USDA|VA) 1 $115,000 $115,000 $3,338 3.38%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $105,000 $105,000 $2,743 4.25%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $85,000 $85,000 $2,422 4.75%
    Assemblies Of God Credit Union's top markets include Springfield, Dallas, Joplin, Phoenix, and Branson among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)

    • Similar Lenders

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

    Citizens Savings and Loan Association, FSB
    Similarity Rank: 141
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 160
    UNITED CONSUMERS CREDIT UNION
    Similarity Rank: 416
    Community Mortgage Banc Corporation
    Similarity Rank: 464
    AAXY L.L.C.
    Similarity Rank: 480
    FRONTIER COMMUNITY CREDIT UNION
    Similarity Rank: 651
    FC LENDING, LTD.
    Similarity Rank: 815
    Guaranty Bank
    Similarity Rank: 912
    HIGHLAND HOMELOANS, LLC
    Similarity Rank: 948
    Central Bank of Warrensburg
    Similarity Rank: 1032

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 408 $68,350,000 $167,525 $2,134 4.44%
    VA 22 $4,480,000 $203,636 $4,596 3.59%
    USDA 19 $2,515,000 $132,368 $3,443 3.80%
    FHA 1 $125,000 $125,000 $6,489 4.50%

    For 2019, Assemblies Of God Credit Union's most frequently originated type of loan was Conventional, with 408 originations. Their 2nd most popular type was VA, with 22 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 321 $53,505,000 $166,682 $2,474 4.43%
    Refi 95 $18,185,000 $191,421 $2,040 3.97%
    Cash Out Refi 32 $3,340,000 $104,375 $1,657 4.88%
    Other 1 $335,000 $335,000 $0 5.50%
    NA 1 $105,000 $105,000 $0 4.50%

    For 2019, Assemblies Of God Credit Union's most frequently cited loan purpose was Home Purchase, with 321 originations. The 2nd most popular reason was Refi, with 95 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 357 $66,755,000 $186,989 $2,521 4.29%
    15 Year 74 $5,830,000 $78,784 $1,295 4.81%
    20 Year 10 $1,420,000 $142,000 $1,889 3.84%
    1 Year 4 $730,000 $182,500 $0 5.00%
    Other 3 $415,000 $138,333 $2,309 4.58%
    10 Year 2 $320,000 $160,000 $2,345 3.50%

    For 2019, Assemblies Of God Credit Union's most frequently cited loan duration was 30 Year, with 357 originations. The 2nd most popular length was 15 Year, with 74 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 402 $68,550,000 $170,522
    $1k-2k 32 $5,780,000 $180,625
    $2k-3k 3 $495,000 $165,000
    $3k-4k 2 $380,000 $190,000

    Assemblies Of God Credit Union's average total fees were $2,521, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 402 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 226 $44,500,000 $196,903
    4-5% 132 $22,180,000 $168,030
    5-6% 86 $8,120,000 $94,419
    6-7% 4 $150,000 $37,500
    2.5-3% 2 $520,000 $260,000

    During 2019, Assemblies Of God Credit Union's average interest rate for loans was 4.29%, while their most frequently originated rate bucket for loans was 3-4%, with 226 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 216 $31,100,000 $143,981 $2,345 4.24%
    $200k-400k 123 $34,135,000 $277,520 $2,771 4.04%
    $100,000 or less 101 $5,645,000 $55,891 $1,415 5.09%
    $400k-600k 10 $4,590,000 $459,000 $4,667 3.91%

    2019 saw Assemblies Of God Credit Union place emphasis on $100k-200k loans with 216 originations, totaling $31,100,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 129 $14,245,000 $110,426 $2,078 4.62%
    $50k-75k 125 $19,445,000 $155,560 $2,361 4.31%
    $75k-100k 101 $19,145,000 $189,554 $2,374 4.26%
    $100k-150k 64 $14,830,000 $231,719 $2,432 4.20%
    $150k-250k 19 $4,525,000 $238,158 $2,370 4.17%
    $250k+ 12 $3,280,000 $273,333 $3,463 4.35%

    Assemblies Of God Credit Union lent most frequently to those with incomes in the $50k or less range, with 129 originations. The second most popular income band? $50k-75k, with 125 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 109 $17,605,000 $161,514 $2,314 4.30%
    30-36% 98 $16,980,000 $173,265 $2,382 4.27%
    <20% 64 $9,430,000 $147,344 $2,061 4.26%
    36% 19 $3,315,000 $174,474 $2,238 4.38%
    40% 18 $3,620,000 $201,111 $2,370 4.57%
    38% 16 $1,850,000 $115,625 $2,031 5.10%
    42% 14 $2,650,000 $189,286 $2,324 4.18%
    39% 12 $2,000,000 $166,667 $2,253 4.55%
    45% 12 $2,280,000 $190,000 $2,136 4.14%
    48% 10 $1,770,000 $177,000 $2,413 4.41%
    41% 10 $1,980,000 $198,000 $2,015 4.40%
    44% 9 $1,545,000 $171,667 $2,153 4.18%
    37% 8 $1,530,000 $191,250 $2,077 4.70%
    47% 8 $1,630,000 $203,750 $2,871 4.06%
    43% 7 $1,635,000 $233,571 $4,412 3.98%
    46% 6 $1,110,000 $185,000 $2,771 4.40%
    49% 3 $775,000 $258,333 $2,114 4.00%
    50-60% 3 $815,000 $271,667 $7,908 3.78%
    >60% 1 $135,000 $135,000 $2,084 3.88%

    Assemblies Of God Credit Union lent most frequently to those with DTI ratios of 20-30%, with 109 originations. The next most common DTI ratio? 30-36%, with 98 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 429 $72,025,000 $167,890 $2,332 4.36%
    Not provided 7 $1,405,000 $200,714 $1,931 4.43%
    Asian 10 $1,080,000 $108,000 $2,045 4.82%
    American Indian 3 $625,000 $208,333 $2,895 3.67%
    Black 1 $335,000 $335,000 $2,702 3.50%

    Approval Rates

    Total approvals of all applications
    96.58%

    Assemblies Of God 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
    93.56%

    Assemblies Of God Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 450 $75,470,000 $167,711

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 6 $590,000 $98,333
    Single Family (1-4 Units):Site-Built 444 $74,880,000 $168,649

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $670,000 $67,000 $1,395 5.35%
    40-60% 29 $4,675,000 $161,207 $2,104 4.01%
    60-80% 145 $26,385,000 $181,966 $2,211 4.30%
    80-100% 227 $41,315,000 $182,004 $2,580 4.24%
    Over 100% 7 $1,765,000 $252,143 $6,649 4.21%
    Under 20% 32 $660,000 $20,625 $150 5.61%