Navy Army Community Credit Union Mortgage Rates, Fees & Info

Corpus Christi, TX

LEI: 549300CPM35KXH0BZ823

Tax ID: 74-1237070

5 stars - Updated: 4/5/25 - out of 5 stars, based on 36 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    Navy Army Community Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. Navy Army Community Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Corpus Christi, Mcallen, Brownsville, Alice, and Rockport among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Navy Army Community Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Navy Army Community 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 6.94% 4/5/25
    30 Year Conventional Refi 6.91% 4/5/25
    30 Year Cash-out Refi 7.46% 4/5/25
    30 Year VA Purchase 6.57% 4/5/25
    30 Year VA Refi 6.72% 4/5/25
    15 Year Conventional Purchase 6.06% 4/5/25
    15 Year Conventional Refi 6.19% 4/5/25
    15 Year Cash-out Refi 6.19% 4/5/25
    15 Year VA Purchase 6.00% 4/5/25
    15 Year VA Refi 6.00% 4/5/25
    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.

    Navy Army Community Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Navy Army Community 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

    1,283

    Origination Dollar Volume (All Markets)

    $227,945,000
    Show all (5) awards

    Relative Rate

    Navy Army Community Credit Union's average 30 year fixed mortgage rate was 7.02%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.47%.

    Relative Fees (Closing Costs)

    Navy Army Community Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $3,851.

    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 $8,356.

    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
    CORPUS CHRISTI, TX (FHA|USDA|VA) 558 $104,410,000 $187,115 $3,486 7.03%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 375 $62,105,000 $165,613 $3,625 7.06%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 161 $24,275,000 $150,776 $3,535 7.09%
    Alice, TX (FHA|USDA|VA) 37 $8,145,000 $220,135 $4,491 7.08%
    Rockport, TX (FHA|USDA|VA) 23 $4,675,000 $203,261 $4,091 6.80%
    Beeville, TX (FHA|USDA|VA) 32 $4,410,000 $137,813 $3,408 7.28%
    Outside of Metro Areas 18 $3,310,000 $183,889 $4,239 6.86%
    Kingsville, TX (FHA|USDA|VA) 19 $3,245,000 $170,789 $3,609 7.64%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 16 $2,940,000 $183,750 $3,341 6.89%
    Rio Grande City-Roma, TX (FHA|USDA|VA) 9 $1,845,000 $205,000 $4,971 6.94%
    VICTORIA, TX (FHA|USDA|VA) 7 $1,695,000 $242,143 $4,112 6.45%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,585,000 $317,000 $4,393 6.85%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $1,400,000 $233,333 $3,665 7.15%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 7 $1,335,000 $190,714 $3,484 7.02%
    Raymondville, TX (FHA|USDA|VA) 5 $925,000 $185,000 $4,207 6.93%
    Port Lavaca, TX (FHA|USDA|VA) 1 $435,000 $435,000 $4,541 7.25%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $405,000 $405,000 $6,486 7.25%
    TYLER, TX (FHA|USDA|VA) 1 $325,000 $325,000 $4,325 6.63%
    LUBBOCK, TX (FHA|USDA|VA) 1 $255,000 $255,000 $3,853 6.00%
    Eagle Pass, TX (FHA|USDA|VA) 1 $225,000 $225,000 $3,719 6.13%
    Navy Army Community Credit Union's top markets include Corpus Christi, Mcallen, Brownsville, Alice, and Rockport among others.

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

    • Similar Lenders

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

    COMMUNITY DEVELOPMENT CORP OF BROWNSVILLE
    Similarity Rank: 32
    DSLD MORTGAGE, LLC
    Similarity Rank: 105
    HOMEAMERICAN MORTGAGE CORPORATION
    Similarity Rank: 144
    GULF COAST
    Similarity Rank: 160
    AMOCO
    Similarity Rank: 180
    SCHLUMBERGER EMPLOYEES CREDIT UNION
    Similarity Rank: 275
    ASCENT HOME LENDING, LLC
    Similarity Rank: 385
    SMART FINANCIAL CREDIT UNION
    Similarity Rank: 405
    First National Bank Texas
    Similarity Rank: 483
    VELOCITY Credit Union
    Similarity Rank: 492

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,278 $226,980,000 $177,606 $3,602 7.05%
    VA 5 $965,000 $193,000 $5,359 6.20%

    For 2024, Navy Army Community Credit Union's most frequently originated type of loan was Conventional, with 1,278 originations. Their 2nd most popular type was VA, with 5 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 484 $129,170,000 $266,880 $4,662 6.90%
    Other 344 $35,240,000 $102,442 $2,699 7.23%
    Cash Out Refi 314 $46,540,000 $148,217 $3,456 7.14%
    Home Improvement 89 $7,905,000 $88,820 $2,404 7.10%
    Refi 52 $9,090,000 $174,808 $3,012 6.54%

    For 2024, Navy Army Community Credit Union's most frequently cited loan purpose was Home Purchase, with 484 originations. The 2nd most popular reason was Other, with 344 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 562 $114,370,000 $203,505 $3,851 7.02%
    15 Year 359 $37,745,000 $105,139 $2,493 7.21%
    30+ year 157 $50,705,000 $322,962 $5,780 7.15%
    10 Year 94 $7,940,000 $84,468 $2,238 6.72%
    20 Year 92 $12,620,000 $137,174 $3,494 6.75%
    Other 16 $4,170,000 $260,625 $5,028 6.56%
    3 Year 2 $370,000 $185,000 $0 9.00%
    5 Year 1 $25,000 $25,000 $0 10.00%

    For 2024, Navy Army Community Credit Union's most frequently cited loan duration was 30 Year, with 562 originations. The 2nd most popular length was 15 Year, with 359 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,072 $168,150,000 $156,856
    $2k-3k 164 $53,130,000 $323,963
    $1k-2k 7 $1,145,000 $163,571

    Navy Army Community Credit Union's average total fees were $3,851, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,072 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 533 $107,035,000 $200,816
    7-8% 409 $77,695,000 $189,963
    Over 8% 178 $20,500,000 $115,169
    5-6% 157 $22,125,000 $140,924
    4-5% 2 $170,000 $85,000
    2.5-3% 2 $290,000 $145,000
    <2.5% 1 $95,000 $95,000
    3-4% 1 $35,000 $35,000

    During 2024, Navy Army Community Credit Union's average interest rate for loans was 7.02%, while their most frequently originated rate bucket for loans was 6-7%, with 533 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 443 $63,255,000 $142,788 $3,575 6.99%
    $100,000 or less 417 $26,745,000 $64,137 $2,279 7.19%
    $200k-400k 336 $89,780,000 $267,202 $4,486 6.97%
    $400k-600k 61 $28,815,000 $472,377 $6,199 7.02%
    $600k-1MM 25 $18,285,000 $731,400 $7,418 6.80%
    $1MM+ 1 $1,065,000 $1,065,000 $8,492 7.75%

    2024 saw Navy Army Community Credit Union place emphasis on $100k-200k loans with 443 originations, totaling $63,255,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 313 $58,515,000 $186,949 $3,668 7.10%
    $50k-75k 310 $40,450,000 $130,484 $3,343 7.00%
    $75k-100k 247 $39,825,000 $161,235 $3,564 7.05%
    $150k-250k 184 $50,860,000 $276,413 $4,312 7.22%
    $50k or less 175 $14,925,000 $85,286 $2,826 6.76%
    $250k+ 46 $21,500,000 $467,391 $5,639 7.03%

    Navy Army Community Credit Union lent most frequently to those with incomes in the $100k-150k range, with 313 originations. The second most popular income band? $50k-75k, with 310 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 197 $33,505,000 $170,076 $3,525 6.86%
    50-60% 176 $38,420,000 $218,295 $3,939 7.31%
    20-30% 166 $26,320,000 $158,554 $3,240 6.71%
    49% 65 $11,045,000 $169,923 $3,623 7.24%
    40% 58 $9,700,000 $167,241 $3,460 7.05%
    42% 55 $10,055,000 $182,818 $3,795 7.06%
    47% 55 $9,625,000 $175,000 $3,695 7.19%
    41% 54 $10,070,000 $186,481 $3,634 7.10%
    48% 51 $8,855,000 $173,627 $3,678 7.22%
    44% 49 $8,615,000 $175,816 $3,690 7.01%
    43% 48 $8,820,000 $183,750 $3,780 6.97%
    39% 46 $7,950,000 $172,826 $3,626 7.05%
    <20% 43 $4,475,000 $104,070 $3,129 6.55%
    36% 43 $7,405,000 $172,209 $3,754 6.96%
    38% 40 $6,240,000 $156,000 $3,464 7.16%
    37% 40 $8,340,000 $208,500 $3,971 7.00%
    46% 36 $6,530,000 $181,389 $3,512 6.99%
    45% 36 $7,200,000 $200,000 $3,661 7.05%
    >60% 16 $2,640,000 $165,000 $4,078 8.71%

    Navy Army Community Credit Union lent most frequently to those with DTI ratios of 30-36%, with 197 originations. The next most common DTI ratio? 50-60%, with 176 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,184 $209,090,000 $176,596 $3,601 7.04%
    Not provided 54 $9,230,000 $170,926 $3,499 7.05%
    Asian 17 $4,155,000 $244,412 $4,177 6.68%
    Not applicable 9 $2,195,000 $243,889 $5,804 8.90%
    Black 14 $2,120,000 $151,429 $3,598 6.90%
    American Indian 4 $920,000 $230,000 $4,160 7.13%
    Native Hawaiian or Islander 1 $235,000 $235,000 $3,931 6.50%

    Approval Rates

    Total approvals of all applications
    77.76%

    Navy Army Community Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    12.55%

    Navy Army Community Credit Union 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 1,283 $227,945,000 $177,666

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,283 $227,945,000 $177,666

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 257 $21,905,000 $85,233 $2,362 7.15%
    40-60% 199 $27,275,000 $137,060 $3,378 6.87%
    60-80% 360 $69,840,000 $194,000 $4,100 7.07%
    80-100% 379 $104,215,000 $274,974 $4,536 6.98%
    Under 20% 88 $4,710,000 $53,523 $1,733 7.37%