Azura Credit Union Mortgage Rates, Fees & Info

Topeka, KS

LEI: 549300CPT4UV65RIEU74

Tax ID: 48-0625190

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
  • 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

    Azura Credit Union is a smaller credit union specializing in Home Purchase loans. Azura Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Topeka, Kansas City, Lawrence, Manhattan, and Ottawa among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Azura 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. Azura 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
    30 Year Conventional Purchase 6.85% 12/16/24
    30 Year Conventional Refi 6.62% 12/16/24
    30 Year Cash-out Refi 7.01% 12/16/24
    30 Year FHA Purchase 6.27% 12/16/24
    30 Year VA Purchase 6.27% 12/16/24
    30 Year USDA Purchase 6.27% 12/16/24
    15 Year Conventional Purchase 6.63% 12/16/24
    15 Year Conventional Refi 6.00% 12/16/24
    15 Year Cash-out Refi 6.00% 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.

    Azura Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Azura 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

    276

    Origination Dollar Volume (All Markets)

    $20,040,000

    Awards

    Azura Credit Union 30 Year Conventional Loans silver Azura Credit Union 30 Year Conventional Loans gold
    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
    TOPEKA, KS (FHA|USDA|VA) 230 $16,010,000 $69,609 $1,563 5.47%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 25 $2,065,000 $82,600 $1,450 5.45%
    LAWRENCE, KS (FHA|USDA|VA) 6 $1,020,000 $170,000 $1,443 4.21%
    MANHATTAN, KS (FHA|USDA|VA) 7 $635,000 $90,714 $1,131 5.52%
    Outside of Metro Areas 6 $210,000 $35,000 $1,240 5.79%
    Ottawa, KS (FHA|USDA|VA) 2 $100,000 $50,000 $0 5.00%
    Azura Credit Union's top markets include Topeka, Kansas City, Lawrence, Manhattan, and Ottawa among others.

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

    • Similar Lenders

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

    Bank of the Flint Hills
    Similarity Rank: 64
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 68
    CoreFirst Bank & Trust
    Similarity Rank: 88
    KCB Bank
    Similarity Rank: 108
    Azura Credit Union
    Similarity Rank: 120
    Citizens Savings and Loan Association, FSB
    Similarity Rank: 146
    Clay County Savings Bank
    Similarity Rank: 148
    UNITED CONSUMERS CREDIT UNION
    Similarity Rank: 608
    First State Bank and Trust
    Similarity Rank: 680
    Central Bank of Warrensburg
    Similarity Rank: 819

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 168 $5,680,000 $33,810 n/a 5.83%
    Conventional 108 $14,360,000 $132,963 $1,530 4.84%

    For 2018, Azura Credit Union's most frequently originated type of loan was HELOC, with 168 originations. Their 2nd most popular type was Conventional, with 108 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 88 $12,340,000 $140,227 $1,529 4.83%
    Home Improvement 77 $2,595,000 $33,701 $0 5.85%
    Cash Out Refi 46 $2,660,000 $57,826 $1,540 5.70%
    Other 41 $1,325,000 $32,317 $1,518 5.95%
    Refi 24 $1,120,000 $46,667 $1,512 5.05%

    For 2018, Azura Credit Union's most frequently cited loan purpose was Home Purchase, with 88 originations. The 2nd most popular reason was Home Improvement, with 77 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 167 $5,655,000 $33,862 $0 5.82%
    30 Year 79 $10,795,000 $136,646 $1,472 4.97%
    15 Year 17 $2,495,000 $146,765 $1,892 4.24%
    20 Year 8 $930,000 $116,250 $1,515 5.24%
    10 Year 4 $150,000 $37,500 $856 5.04%
    5 Year 1 $15,000 $15,000 $1,486 3.40%

    For 2018, Azura Credit Union's most frequently cited loan duration was Other, with 167 originations. The 2nd most popular length was 30 Year, with 79 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 107 $14,335,000 $133,972

    Azura Credit Union's average total fees were $1,472, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 107 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 133 $12,385,000 $93,120
    6-7% 72 $1,900,000 $26,389
    5-6% 53 $4,065,000 $76,698
    7-8% 10 $210,000 $21,000
    3-4% 8 $1,480,000 $185,000

    During 2018, Azura Credit Union's average interest rate for loans was 4.97%, while their most frequently originated rate bucket for loans was 4-5%, with 133 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 204 $7,820,000 $38,333 $1,507 5.69%
    $100k-200k 54 $7,380,000 $136,667 $1,542 4.85%
    $200k-400k 18 $4,840,000 $268,889 $1,551 4.44%

    2018 saw Azura Credit Union place emphasis on $100,000 or less loans with 204 originations, totaling $7,820,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 81 $5,745,000 $70,926 $1,424 5.52%
    $50k or less 62 $3,330,000 $53,710 $1,491 5.32%
    $100k-150k 56 $4,550,000 $81,250 $1,608 5.48%
    $75k-100k 54 $3,630,000 $67,222 $1,753 5.53%
    $150k-250k 19 $1,935,000 $101,842 $1,313 5.40%
    $250k+ 4 $850,000 $212,500 $2,142 4.28%

    Azura Credit Union lent most frequently to those with incomes in the $50k-75k range, with 81 originations. The second most popular income band? $50k or less, with 62 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 73 $4,655,000 $63,767 $1,569 5.35%
    30-36% 44 $3,750,000 $85,227 $1,545 5.41%
    <20% 29 $1,555,000 $53,621 $1,316 5.14%
    39% 15 $805,000 $53,667 $1,199 5.73%
    44% 12 $850,000 $70,833 $2,020 5.33%
    41% 12 $850,000 $70,833 $1,444 5.92%
    37% 11 $815,000 $74,091 $2,057 4.97%
    45% 11 $1,145,000 $104,091 $950 5.83%
    43% 11 $535,000 $48,636 $995 5.84%
    40% 10 $650,000 $65,000 $1,980 5.69%
    42% 9 $475,000 $52,778 $1,395 5.88%
    38% 6 $630,000 $105,000 $1,425 5.17%
    36% 6 $520,000 $86,667 $807 6.08%
    48% 6 $950,000 $158,333 $1,672 4.67%
    49% 5 $575,000 $115,000 $1,602 4.85%
    46% 5 $505,000 $101,000 $1,615 5.75%
    47% 4 $290,000 $72,500 $1,026 5.88%
    50-60% 4 $380,000 $95,000 $1,565 6.00%
    >60% 3 $105,000 $35,000 $0 4.83%

    Azura Credit Union lent most frequently to those with DTI ratios of 20-30%, with 73 originations. The next most common DTI ratio? 30-36%, with 44 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 255 $18,455,000 $72,373 $1,502 5.44%
    Not provided 6 $840,000 $140,000 $1,903 4.29%
    Black 10 $360,000 $36,000 $2,220 5.91%
    American Indian 3 $265,000 $88,333 $742 6.04%
    Asian 2 $120,000 $60,000 $0 5.88%

    Approval Rates

    Total approvals of all applications
    84.36%

    Azura Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    94.93%

    Azura Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 276 $20,040,000 $72,609

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2 $110,000 $55,000
    Single Family (1-4 Units):Site-Built 274 $19,930,000 $72,737

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 56 $2,330,000 $41,607 $1,597 5.65%
    40-60% 21 $1,535,000 $73,095 $1,340 5.28%
    60-80% 30 $3,480,000 $116,000 $1,556 4.95%
    80-100% 75 $10,545,000 $140,600 $1,538 4.87%
    Under 20% 93 $2,115,000 $22,742 $0 5.97%