United Texas Credit Union Mortgage Rates, Fees & Info

San Antonio, TX

LEI: 549300B0SOOJLUT6U297

Tax ID: 74-1241284

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
  • Complaints
  • 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

    United Texas Credit Union is a smaller credit union specializing in Cash Out Refi, Home Purchase, and Refi loans. United Texas Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: San Antonio, Dallas, Austin, Houston, and Corpus Christi among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

    United Texas 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. United Texas 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
    30 Year Conventional Purchase 6.94% 4/28/24
    30 Year Conventional Refi 6.85% 4/28/24
    30 Year Cash-out Refi 6.87% 4/28/24
    15 Year Conventional Purchase 6.18% 4/28/24
    15 Year Conventional Refi 6.35% 4/28/24
    15 Year Cash-out Refi 6.35% 4/28/24
    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.

    United Texas Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from United Texas 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

    260

    Origination Dollar Volume (All Markets)

    $43,080,000

    Awards

    United Texas Credit Union 30 Year Conventional Loans bronze United Texas Credit Union 30 Year Conventional Loans silver
    Show all (2) 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
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 165 $25,335,000 $153,545 $2,665 4.97%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 72 $13,910,000 $193,194 $3,778 4.74%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $915,000 $305,000 $9,947 3.42%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 6 $820,000 $136,667 $5,119 5.99%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $540,000 $270,000 $11,927 4.97%
    TYLER, TX (FHA|USDA|VA) 1 $475,000 $475,000 $13,988 5.63%
    Outside of Metro Areas 4 $290,000 $72,500 $3,236 5.04%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $235,000 $235,000 $6,524 4.75%
    Gainesville, TX (FHA|USDA|VA) 1 $175,000 $175,000 $6,888 5.00%
    LONGVIEW, TX (FHA|USDA|VA) 1 $125,000 $125,000 $7,883 3.13%
    WICHITA FALLS, TX (FHA|USDA|VA) 1 $105,000 $105,000 $29,025 6.50%
    Kerrville, TX (FHA|USDA|VA) 1 $85,000 $85,000 $1,058 6.60%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $35,000 $35,000 $450 6.50%
    LUBBOCK, TX (FHA|USDA|VA) 1 $35,000 $35,000 $498 5.45%
    United Texas Credit Union's top markets include San Antonio, Dallas, Austin, Houston, and Corpus Christi among others.

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

    • Similar Lenders

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

    Generations Community Federal Credit Union
    Similarity Rank: 264
    TEXANS
    Similarity Rank: 1170
    AAXY L.L.C.
    Similarity Rank: 1212
    DATCU
    Similarity Rank: 1548
    Texas Bank and Trust Company
    Similarity Rank: 1566
    LONE STAR
    Similarity Rank: 1752
    CAPITAL PLUS FINANCIAL, LLC
    Similarity Rank: 1791
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 2240
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C
    Similarity Rank: 2255
    FIRST CONTINENTAL MORTGAGE, LTD.
    Similarity Rank: 2280

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 260 $43,080,000 $165,692 $3,375 4.92%

    For 2022, United Texas Credit Union's most frequently originated type of loan was Conventional, with 260 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 172 $22,590,000 $131,337 $1,193 5.03%
    Home Purchase 42 $10,900,000 $259,524 $10,210 5.29%
    Refi 35 $8,745,000 $249,857 $6,348 3.73%
    Home Improvement 11 $845,000 $76,818 $561 5.63%

    For 2022, United Texas Credit Union's most frequently cited loan purpose was Cash Out Refi, with 172 originations. The 2nd most popular reason was Home Purchase, with 42 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 81 $22,285,000 $275,123 $7,196 4.90%
    20 Year 57 $8,925,000 $156,579 $2,056 5.10%
    Other 54 $5,830,000 $107,963 $1,110 5.12%
    15 Year 45 $4,515,000 $100,333 $1,960 4.54%
    10 Year 12 $1,020,000 $85,000 $1,282 4.31%
    5 Year 9 $395,000 $43,889 $526 5.22%
    1 Year 2 $110,000 $55,000 $603 6.33%

    For 2022, United Texas Credit Union's most frequently cited loan duration was 30 Year, with 81 originations. The 2nd most popular length was 20 Year, with 57 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 18 $3,580,000 $198,889
    $1k-2k 17 $2,325,000 $136,765
    $3k-4k 14 $4,120,000 $294,286
    $5k+ 10 $5,460,000 $546,000
    $<1k 8 $1,180,000 $147,500
    $4k-5k 6 $2,140,000 $356,667

    United Texas Credit Union's average total fees were $7,196, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 18 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 66 $12,710,000 $192,576
    4-5% 61 $9,065,000 $148,607
    5-6% 54 $8,900,000 $164,815
    6-7% 32 $3,970,000 $124,063
    7-8% 20 $3,140,000 $157,000
    2.5-3% 14 $3,340,000 $238,571
    <2.5% 2 $380,000 $190,000
    Over 8% 2 $530,000 $265,000
    % 1 $225,000 $225,000

    During 2022, United Texas Credit Union's average interest rate for loans was 4.90%, while their most frequently originated rate bucket for loans was 3-4%, with 66 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 99 $5,885,000 $59,444 $1,049 5.24%
    $100k-200k 85 $12,305,000 $144,765 $3,490 4.67%
    $200k-400k 62 $17,400,000 $280,645 $4,737 4.86%
    $400k-600k 9 $4,365,000 $485,000 $11,499 4.94%
    $600k-1MM 5 $3,125,000 $625,000 $14,747 4.00%

    2022 saw United Texas Credit Union place emphasis on $100,000 or less loans with 99 originations, totaling $5,885,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 81 $13,365,000 $165,000 $3,114 4.98%
    $50k-75k 48 $4,750,000 $98,958 $1,756 4.65%
    $150k-250k 44 $8,640,000 $196,364 $3,711 4.66%
    $75k-100k 40 $5,960,000 $149,000 $3,477 5.36%
    $50k or less 25 $2,585,000 $103,400 $2,166 4.87%
    $250k+ 20 $7,430,000 $371,500 $8,649 5.18%

    United Texas Credit Union lent most frequently to those with incomes in the $100k-150k range, with 81 originations. The second most popular income band? $50k-75k, with 48 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 58 $10,590,000 $182,586 $3,450 4.65%
    20-30% 39 $6,815,000 $174,744 $3,410 4.62%
    <20% 29 $4,225,000 $145,690 $3,768 4.11%
    45% 25 $3,825,000 $153,000 $2,948 5.54%
    43% 13 $1,955,000 $150,385 $1,737 5.80%
    41% 13 $2,135,000 $164,231 $1,582 6.13%
    44% 11 $1,725,000 $156,818 $5,355 5.52%
    39% 10 $1,520,000 $152,000 $3,994 4.63%
    36% 10 $1,620,000 $162,000 $3,029 4.85%
    42% 10 $2,070,000 $207,000 $6,957 5.27%
    37% 10 $1,500,000 $150,000 $2,370 4.49%
    40% 9 $1,355,000 $150,556 $1,943 5.15%
    38% 9 $1,825,000 $202,778 $4,475 5.94%
    46% 3 $645,000 $215,000 $3,128 3.60%
    49% 1 $85,000 $85,000 $5,396 5.13%

    United Texas Credit Union lent most frequently to those with DTI ratios of 30-36%, with 58 originations. The next most common DTI ratio? 20-30%, with 39 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 231 $38,855,000 $168,203 $3,337 4.90%
    Black 17 $1,855,000 $109,118 $3,381 4.81%
    Asian 3 $885,000 $295,000 $9,902 5.10%
    Not provided 6 $770,000 $128,333 $2,304 5.91%
    Asian Indian 1 $335,000 $335,000 $1,058 4.95%
    Filipino 1 $235,000 $235,000 $1,087 4.45%
    American Indian 1 $145,000 $145,000 $975 6.75%

    Approval Rates

    Total approvals of all applications
    95.67%

    United Texas 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
    89.62%

    United Texas Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 260 $43,080,000 $165,692

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    260 $43,080,000 $165,692

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 54 $5,120,000 $94,815 $1,377 4.93%
    40-60% 59 $10,865,000 $184,153 $3,962 4.35%
    60-80% 64 $16,240,000 $253,750 $5,230 4.71%
    80-100% 27 $7,565,000 $280,185 $7,338 5.42%
    Under 20% 55 $3,225,000 $58,636 $669 5.52%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Conventional home mortgage Closing on a mortgage 1 100.0%