Clearview Federal Credit Union Mortgage Rates, Fees & Info

Moon Township, PA

LEI: 549300BHPLBG0CXKTL06

Tax ID: 52-6051818

5 stars - Updated: 3/17/24 - out of 5 stars, based on 40 reviews

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

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Mortgage Data

Review & Overview

Clearview Federal Credit Union is a smaller credit union specializing in Home Improvement, Other, and Refi loans. Clearview Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Pittsburgh, Salem, Philadelphia, New Castle, and Miami among others. We have data for 68 markets. (Some data included below & more in-depth data is available with an active subscription.)

Clearview Federal Credit Union has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Clearview 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 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
Home Equity Line of Credit (HELOC) 6.14% 3/17/24
30 Year Conventional Purchase 5.88% 3/17/24
30 Year Conventional Refi 6.18% 3/17/24
30 Year Cash-out Refi 5.87% 3/17/24
15 Year Conventional Purchase 5.51% 3/17/24
15 Year Conventional Refi 5.91% 3/17/24
15 Year Cash-out Refi 5.91% 3/17/24
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.

Clearview 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 Clearview 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

1,634

Origination Dollar Volume (All Markets)

$170,570,000

Relative Rate

Clearview Federal Credit Union's average 30 year fixed mortgage rate was 5%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.24%.

Relative Fees (Closing Costs)

Clearview Federal Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $3,756.

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 $4,750.

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
PITTSBURGH, PA (FHA|USDA|VA) 1,435 $150,395,000 $104,805 $839 4.56%
Salem, OH (FHA|USDA|VA) 36 $2,120,000 $58,889 $509 4.38%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 15 $1,835,000 $122,333 $1,231 4.77%
New Castle, PA (FHA|USDA|VA) 20 $1,500,000 $75,000 $1,368 4.53%
Outside of Metro Areas 11 $995,000 $90,455 $694 4.56%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 7 $805,000 $115,000 $1,274 3.98%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $760,000 $380,000 $6,485 4.04%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $525,000 $105,000 $734 3.58%
Indiana, PA (FHA|USDA|VA) 7 $515,000 $73,571 $1,409 5.27%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $500,000 $250,000 $0 4.75%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $480,000 $240,000 $0 5.13%
Somerset, PA (FHA|USDA|VA) 3 $425,000 $141,667 $3,319 4.95%
NEW BERN, NC (FHA|USDA|VA) 1 $405,000 $405,000 $3,412 4.54%
LOUISVILLE, KY (FHA|USDA|VA) 3 $405,000 $135,000 $1,544 4.83%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $395,000 $395,000 $0 2.99%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 6 $390,000 $65,000 $224 4.40%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 3 $385,000 $128,333 $3,346 5.31%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $375,000 $125,000 $0 4.83%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 4 $370,000 $92,500 $2,042 4.69%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $355,000 $355,000 $0 2.99%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $345,000 $345,000 $0 6.75%
DuBois, PA (FHA|USDA|VA) 3 $325,000 $108,333 $2,497 4.12%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $315,000 $315,000 $3,924 6.44%
COLUMBUS, OH (FHA|USDA|VA) 3 $315,000 $105,000 $526 4.44%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $310,000 $155,000 $235 4.42%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $305,000 $305,000 $0 5.75%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $300,000 $75,000 $0 3.81%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $285,000 $285,000 $0 5.99%
Meadville, PA (FHA|USDA|VA) 3 $285,000 $95,000 $411 3.76%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $255,000 $255,000 $215 4.59%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $245,000 $245,000 $0 3.74%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $245,000 $245,000 $4,204 4.69%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 4 $200,000 $50,000 $217 4.77%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $200,000 $100,000 $235 5.10%
ROANOKE, VA (FHA|USDA|VA) 1 $155,000 $155,000 $0 2.99%
St. Marys, GA (FHA|USDA|VA) 1 $155,000 $155,000 $2,785 6.14%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $130,000 $65,000 $233 4.34%
COLUMBIA, SC (FHA|USDA|VA) 1 $125,000 $125,000 $2,801 4.13%
WILMINGTON, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.75%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,947 5.19%
BURLINGTON, NC (FHA|USDA|VA) 1 $125,000 $125,000 $215 4.39%
ALTOONA, PA (FHA|USDA|VA) 2 $120,000 $60,000 $0 4.75%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $120,000 $60,000 $801 5.52%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.00%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $110,000 $55,000 $226 3.70%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $85,000 $85,000 $215 7.29%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $85,000 $85,000 $215 6.24%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $85,000 $85,000 $215 4.59%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $80,000 $40,000 $0 4.38%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $75,000 $75,000 $300 4.29%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $75,000 $75,000 $235 5.49%
READING, PA (FHA|USDA|VA) 1 $75,000 $75,000 $0 2.99%
RICHMOND, VA (FHA|USDA|VA) 1 $75,000 $75,000 $0 2.99%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $65,000 $65,000 $0 2.99%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $65,000 $65,000 $755 7.84%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $65,000 $65,000 $785 6.14%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.99%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.99%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $55,000 $55,000 $645 5.49%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $55,000 $55,000 $705 4.89%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 2.99%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.25%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.00%
ERIE, PA (FHA|USDA|VA) 1 $35,000 $35,000 $235 4.54%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $25,000 $25,000 $115 2.50%
Cullowhee, NC (FHA|USDA|VA) 1 $25,000 $25,000 $235 4.84%
MOBILE, AL (FHA|USDA|VA) 1 $25,000 $25,000 $291 2.64%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $15,000 $15,000 $0 2.99%
Clearview Federal Credit Union's top markets include Pittsburgh, Salem, Philadelphia, New Castle, and Miami among others.

Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Similar Lenders

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

    TRI BORO
    Similarity Rank: 208
    WELCOME HOME FINANCE, L.P.
    Similarity Rank: 322
    Clear Mountain Bank
    Similarity Rank: 580
    AmeriServ Financial Bank
    Similarity Rank: 1056
    Washington Financial Bank
    Similarity Rank: 1290
    Community Bank
    Similarity Rank: 1680
    Sail Mortgage Corp.
    Similarity Rank: 1862

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 841 $81,055,000 $96,379 n/a 4.33%
    Conventional 793 $89,515,000 $112,881 $868 4.78%

    For 2022, Clearview Federal Credit Union's most frequently originated type of loan was HELOC, with 841 originations. Their 2nd most popular type was Conventional, with 793 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 572 $38,040,000 $66,503 $252 4.36%
    Other 460 $37,090,000 $80,630 $304 4.89%
    Refi 371 $54,975,000 $148,181 $333 4.44%
    Home Purchase 159 $30,235,000 $190,157 $3,348 4.70%
    Cash Out Refi 72 $10,230,000 $142,083 $1,908 4.08%

    For 2022, Clearview Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 572 originations. The 2nd most popular reason was Other, with 460 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 1,076 $104,460,000 $97,082 $435 4.52%
    15 Year 168 $15,520,000 $92,381 $627 4.66%
    10 Year 156 $8,740,000 $56,026 $270 4.60%
    30 Year 102 $21,620,000 $211,961 $3,756 5.00%
    5 Year 78 $2,950,000 $37,821 $221 4.27%
    Other 54 $17,280,000 $320,000 $250 4.25%

    For 2022, Clearview Federal Credit Union's most frequently cited loan duration was 20 Year, with 1,076 originations. The 2nd most popular length was 15 Year, with 168 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 747 $72,635,000 $97,236
    $1k-2k 1 $205,000 $205,000

    Clearview Federal Credit Union's average total fees were $3,756, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 747 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 404 $48,660,000 $120,446
    4-5% 395 $43,685,000 $110,595
    5-6% 355 $35,855,000 $101,000
    2.5-3% 269 $24,995,000 $92,918
    6-7% 131 $11,855,000 $90,496
    7-8% 46 $2,880,000 $62,609
    Over 8% 22 $1,350,000 $61,364
    <2.5% 12 $1,290,000 $107,500

    During 2022, Clearview Federal Credit Union's average interest rate for loans was 5.00%, while their most frequently originated rate bucket for loans was 3-4%, with 404 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,076 $53,730,000 $49,935 $346 4.63%
    $100k-200k 378 $52,250,000 $138,228 $1,396 4.36%
    $200k-400k 158 $43,730,000 $276,772 $2,547 4.51%
    $400k-600k 16 $7,870,000 $491,875 $5,170 4.22%
    $1MM+ 5 $12,275,000 $2,455,000 $0 4.35%
    $600k-1MM 1 $715,000 $715,000 $0 2.99%

    2022 saw Clearview Federal Credit Union place emphasis on $100,000 or less loans with 1,076 originations, totaling $53,730,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 413 $41,465,000 $100,400 $1,051 4.56%
    $50k-75k 321 $23,235,000 $72,383 $790 4.49%
    $75k-100k 290 $24,960,000 $86,069 $758 4.60%
    $150k-250k 280 $36,980,000 $132,071 $1,211 4.57%
    $50k or less 199 $12,465,000 $62,638 $549 4.52%
    $250k+ 105 $27,035,000 $257,476 $839 4.68%

    Clearview Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 413 originations. The second most popular income band? $50k-75k, with 321 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 450 $45,890,000 $101,978 $825 4.29%
    30-36% 318 $28,760,000 $90,440 $896 4.60%
    <20% 178 $18,870,000 $106,011 $789 4.16%
    42% 79 $6,795,000 $86,013 $726 4.94%
    43% 75 $5,615,000 $74,867 $333 5.14%
    41% 70 $4,760,000 $68,000 $592 4.91%
    40% 59 $5,605,000 $95,000 $1,116 4.52%
    36% 56 $5,910,000 $105,536 $1,066 4.53%
    37% 55 $4,635,000 $84,273 $635 4.58%
    39% 55 $5,105,000 $92,818 $694 4.54%
    38% 49 $3,875,000 $79,082 $703 5.00%
    44% 46 $3,600,000 $78,261 $890 4.97%
    45% 29 $3,005,000 $103,621 $1,386 5.06%
    46% 23 $3,365,000 $146,304 $1,462 4.55%
    47% 19 $2,475,000 $130,263 $2,385 4.74%
    >60% 18 $1,710,000 $95,000 $693 3.98%
    49% 13 $1,555,000 $119,615 $2,494 4.82%
    50-60% 5 $1,925,000 $385,000 $166 4.89%
    48% 3 $515,000 $171,667 $185 4.38%

    Clearview Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 450 originations. The next most common DTI ratio? 30-36%, with 318 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,306 $134,070,000 $102,657 $792 4.51%
    Not provided 243 $28,785,000 $118,457 $1,284 4.71%
    Black 49 $3,175,000 $64,796 $827 4.69%
    Asian 21 $3,035,000 $144,524 $263 4.28%
    American Indian 8 $900,000 $112,500 $1,852 5.57%
    Asian Indian 2 $350,000 $175,000 $201 4.77%
    Native Hawaiian or Islander 3 $195,000 $65,000 $348 4.76%
    Filipino 1 $35,000 $35,000 $0 6.25%
    Other Asian 1 $25,000 $25,000 $190 8.19%

    Approval Rates

    Total approvals of all applications
    78.03%

    Clearview Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    90.70%

    Clearview Federal Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,634 $170,570,000 $104,388

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,634 $170,570,000 $104,388

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 460 $41,220,000 $89,609 $363 4.52%
    40-60% 205 $27,045,000 $131,927 $757 4.26%
    60-80% 208 $46,000,000 $221,154 $1,709 4.36%
    80-100% 108 $23,500,000 $217,593 $2,770 4.56%
    Over 100% 1 $1,955,000 $1,955,000 $0 4.50%
    Under 20% 645 $29,965,000 $46,457 $246 4.71%