Credit Union Mortgage Association Rates, Fees & Info

WILMINGTON, DE

LEI: 549300DNWSJUNAWUM003

Tax ID: 54-1094297

5 stars - out of 5 stars, based on 59 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    Credit Union Mortgage Association is a small credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. Credit Union Mortgage Association has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Washington, Baltimore, Miami, Detroit, and Charlotte among others. We have data for 250 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Credit Union Mortgage Association 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. Credit Union Mortgage Association 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.

    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 6.37% 1/29/23
    30 Year Conventional Refi 6.17% 1/29/23
    30 Year Cash-out Refi 6.22% 1/29/23
    30 Year FHA Purchase 7.28% 1/29/23
    30 Year FHA Refi 6.93% 1/29/23
    30 Year VA Purchase 6.11% 1/29/23
    30 Year VA Refi 6.14% 1/29/23
    30 Year USDA Purchase 7.07% 1/29/23
    15 Year Conventional Purchase 6.02% 1/29/23
    15 Year Conventional Refi 5.90% 1/29/23
    15 Year Cash-out Refi 5.90% 1/29/23
    15 Year FHA Purchase 5.68% 1/29/23
    15 Year FHA Refi 5.68% 1/29/23
    15 Year VA Purchase 5.68% 1/29/23
    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.


    Originations

    3,528

    Origination Dollar Volume (All Markets)

    $1,083,650,000
    Show all (29) awards

    Relative Rate

    Credit Union Mortgage Association's average 30 year fixed mortgage rate was 2.87%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.28%.

    Relative Fees (Closing Costs)

    Credit Union Mortgage Association's average total fees/closing costs for a 30 year fixed rate mortgage were $4,529.

    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
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1,483 $569,215,000 $383,827 $4,780 2.79%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 346 $96,400,000 $278,613 $3,837 2.72%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 109 $29,295,000 $268,761 $4,551 2.82%
    Outside of Metro Areas 109 $26,635,000 $244,358 $4,127 2.83%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 146 $24,000,000 $164,384 $2,919 2.76%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 74 $16,990,000 $229,595 $3,590 2.81%
    FAYETTEVILLE, NC (FHA|USDA|VA) 93 $16,735,000 $179,946 $3,858 2.81%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 78 $16,580,000 $212,564 $5,203 2.66%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 39 $14,615,000 $374,744 $5,191 2.88%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 20 $9,350,000 $467,500 $4,087 2.81%
    SALISBURY, MD-DE (FHA|USDA|VA) 30 $9,300,000 $310,000 $4,289 2.76%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 55 $8,625,000 $156,818 $4,147 2.78%
    RICHMOND, VA (FHA|USDA|VA) 35 $8,455,000 $241,571 $4,048 2.79%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 32 $8,440,000 $263,750 $4,704 2.70%
    WINSTON-SALEM, NC (FHA|USDA|VA) 40 $7,310,000 $182,750 $3,363 2.80%
    RALEIGH-CARY, NC (FHA|USDA|VA) 23 $6,695,000 $291,087 $3,964 2.68%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 18 $5,710,000 $317,222 $4,349 2.85%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 21 $5,335,000 $254,048 $4,983 2.85%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 18 $5,290,000 $293,889 $4,622 2.79%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 32 $5,140,000 $160,625 $3,145 3.04%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 12 $4,980,000 $415,000 $3,422 2.78%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 13 $4,815,000 $370,385 $4,207 2.91%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 9 $4,715,000 $523,889 $5,569 3.04%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 15 $4,635,000 $309,000 $4,433 3.02%
    BEND, OR (FHA|USDA|VA) 17 $4,375,000 $257,353 $3,832 3.00%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $4,155,000 $593,571 $8,103 2.70%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 14 $3,880,000 $277,143 $5,331 2.71%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 27 $3,855,000 $142,778 $3,518 2.77%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 23 $3,505,000 $152,391 $3,372 2.78%
    WINCHESTER, VA-WV (FHA|USDA|VA) 13 $3,305,000 $254,231 $4,168 2.82%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 9 $3,295,000 $366,111 $4,472 2.85%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 13 $3,215,000 $247,308 $3,958 2.79%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 14 $3,060,000 $218,571 $4,071 2.83%
    Kill Devil Hills, NC (FHA|USDA|VA) 5 $3,055,000 $611,000 $5,733 2.90%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 7 $2,995,000 $427,857 $4,073 3.04%
    Edwards, CO (FHA|USDA|VA) 1 $2,945,000 $2,945,000 $22,791 3.00%
    PITTSBURGH, PA (FHA|USDA|VA) 14 $2,870,000 $205,000 $4,688 2.80%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 8 $2,770,000 $346,250 $3,630 2.88%
    Sayre, PA (FHA|USDA|VA) 18 $2,720,000 $151,111 $4,050 2.78%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 11 $2,615,000 $237,727 $5,413 2.80%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 13 $2,385,000 $183,462 $4,996 2.56%
    ALBUQUERQUE, NM (FHA|USDA|VA) 9 $2,365,000 $262,778 $3,995 2.69%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 10 $2,280,000 $228,000 $3,963 2.80%
    YORK-HANOVER, PA (FHA|USDA|VA) 11 $2,275,000 $206,818 $4,674 2.64%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $2,270,000 $567,500 $6,070 2.97%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $2,220,000 $370,000 $4,625 2.73%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 8 $2,050,000 $256,250 $3,434 2.56%
    ROANOKE, VA (FHA|USDA|VA) 11 $2,045,000 $185,909 $4,099 2.92%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 4 $1,990,000 $497,500 $4,043 2.53%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $1,835,000 $262,143 $4,275 2.82%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $1,760,000 $440,000 $3,637 2.56%
    WILMINGTON, NC (FHA|USDA|VA) 7 $1,705,000 $243,571 $3,515 2.73%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 5 $1,695,000 $339,000 $4,383 2.75%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 6 $1,670,000 $278,333 $3,379 2.65%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,645,000 $329,000 $4,151 2.95%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $1,600,000 $400,000 $6,378 2.88%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 6 $1,590,000 $265,000 $4,649 2.98%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 6 $1,580,000 $263,333 $4,443 2.56%
    TUCSON, AZ (FHA|USDA|VA) 6 $1,570,000 $261,667 $4,288 2.65%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $1,550,000 $775,000 $3,649 2.81%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,545,000 $515,000 $4,116 2.88%
    STOCKTON, CA (FHA|USDA|VA) 3 $1,525,000 $508,333 $2,631 3.21%
    BINGHAMTON, NY (FHA|USDA|VA) 12 $1,490,000 $124,167 $4,120 2.94%
    Prineville, OR (FHA|USDA|VA) 6 $1,470,000 $245,000 $4,801 3.15%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 4 $1,420,000 $355,000 $4,895 2.75%
    JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,415,000 $283,000 $4,435 2.65%
    LAFAYETTE, LA (FHA|USDA|VA) 2 $1,320,000 $660,000 $5,251 3.38%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $1,305,000 $435,000 $3,799 2.63%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $1,235,000 $411,667 $6,560 2.88%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 4 $1,230,000 $307,500 $5,121 2.94%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 5 $1,225,000 $245,000 $3,719 3.20%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 4 $1,180,000 $295,000 $4,996 2.91%
    MONROE, MI (FHA|USDA|VA) 7 $1,155,000 $165,000 $2,796 2.71%
    LYNCHBURG, VA (FHA|USDA|VA) 4 $1,130,000 $282,500 $4,378 2.81%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,110,000 $555,000 $7,558 2.81%
    WORCESTER, MA-CT (FHA|USDA|VA) 2 $1,100,000 $550,000 $5,778 2.38%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $1,095,000 $365,000 $7,120 2.88%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $1,060,000 $530,000 $4,923 2.69%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $1,045,000 $209,000 $4,074 2.80%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $1,035,000 $345,000 $3,781 2.75%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 5 $1,025,000 $205,000 $3,363 2.85%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $1,015,000 $338,333 $3,810 2.58%
    ASHEVILLE, NC (FHA|USDA|VA) 3 $1,015,000 $338,333 $3,958 3.08%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $990,000 $495,000 $3,439 2.38%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 4 $990,000 $247,500 $4,614 2.91%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $985,000 $328,333 $4,078 3.17%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $985,000 $328,333 $4,743 3.17%
    Martinsville, VA (FHA|USDA|VA) 9 $955,000 $106,111 $3,661 3.08%
    GAINESVILLE, FL (FHA|USDA|VA) 5 $915,000 $183,000 $4,348 2.83%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $905,000 $301,667 $4,996 2.79%
    VALLEJO, CA (FHA|USDA|VA) 2 $870,000 $435,000 $3,497 3.06%
    GREENVILLE, NC (FHA|USDA|VA) 3 $835,000 $278,333 $3,700 2.88%
    TULSA, OK (FHA|USDA|VA) 3 $805,000 $268,333 $4,091 2.96%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $800,000 $400,000 $4,152 2.50%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $780,000 $390,000 $3,566 2.94%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $760,000 $190,000 $3,859 2.75%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $735,000 $245,000 $4,867 2.88%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 4 $690,000 $172,500 $3,932 3.47%
    READING, PA (FHA|USDA|VA) 3 $685,000 $228,333 $4,049 2.75%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $675,000 $225,000 $3,532 3.00%
    JACKSON, MS (FHA|USDA|VA) 4 $670,000 $167,500 $4,869 2.78%
    MEDFORD, OR (FHA|USDA|VA) 1 $665,000 $665,000 $5,390 3.00%
    HUNTSVILLE, AL (FHA|USDA|VA) 2 $640,000 $320,000 $3,374 2.63%
    Torrington, CT (FHA|USDA|VA) 2 $630,000 $315,000 $3,366 2.44%
    HARRISONBURG, VA (FHA|USDA|VA) 3 $615,000 $205,000 $3,643 3.42%
    Danville, VA (FHA|USDA|VA) 3 $585,000 $195,000 $4,347 2.96%
    Richmond-Berea, KY (FHA|USDA|VA) 2 $580,000 $290,000 $3,471 2.94%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $570,000 $285,000 $3,330 2.94%
    LANCASTER, PA (FHA|USDA|VA) 2 $560,000 $280,000 $5,325 2.75%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 3 $555,000 $185,000 $3,447 2.88%
    Clarksburg, WV (FHA|USDA|VA) 3 $555,000 $185,000 $5,247 3.08%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $545,000 $181,667 $3,217 2.50%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $530,000 $265,000 $3,501 2.88%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $525,000 $525,000 $4,870 3.13%
    CORVALLIS, OR (FHA|USDA|VA) 1 $525,000 $525,000 $5,606 4.00%
    NEW BERN, NC (FHA|USDA|VA) 1 $525,000 $525,000 $4,299 3.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $520,000 $260,000 $3,151 2.81%
    MISSOULA, MT (FHA|USDA|VA) 1 $515,000 $515,000 $5,995 3.00%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $510,000 $255,000 $2,921 2.69%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $500,000 $250,000 $3,807 2.44%
    Coos Bay, OR (FHA|USDA|VA) 2 $490,000 $245,000 $4,594 3.00%
    DOVER, DE (FHA|USDA|VA) 2 $490,000 $245,000 $4,058 2.75%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $485,000 $485,000 $0 2.88%
    Crossville, TN (FHA|USDA|VA) 1 $465,000 $465,000 $4,144 2.88%
    ANN ARBOR, MI (FHA|USDA|VA) 2 $450,000 $225,000 $3,263 2.88%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $450,000 $225,000 $3,227 3.00%
    Tupelo, MS (FHA|USDA|VA) 2 $450,000 $225,000 $5,038 2.75%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $440,000 $220,000 $5,984 3.06%
    COLUMBUS, OH (FHA|USDA|VA) 2 $440,000 $220,000 $6,046 2.88%
    Traverse City, MI (FHA|USDA|VA) 2 $440,000 $220,000 $3,507 2.75%
    Riverton, WY (FHA|USDA|VA) 1 $435,000 $435,000 $3,957 3.00%
    Klamath Falls, OR (FHA|USDA|VA) 2 $430,000 $215,000 $3,927 3.06%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $420,000 $210,000 $2,647 2.50%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $420,000 $210,000 $2,893 2.69%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $395,000 $395,000 $10,483 1.99%
    BOWLING GREEN, KY (FHA|USDA|VA) 2 $390,000 $195,000 $3,306 3.19%
    Lewisburg, TN (FHA|USDA|VA) 1 $385,000 $385,000 $3,593 2.63%
    GETTYSBURG, PA (FHA|USDA|VA) 2 $380,000 $190,000 $5,322 2.75%
    ANCHORAGE, AK (FHA|USDA|VA) 2 $370,000 $185,000 $3,418 2.56%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $355,000 $355,000 $3,523 2.75%
    SAVANNAH, GA (FHA|USDA|VA) 1 $355,000 $355,000 $7,462 2.75%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $335,000 $335,000 $4,026 2.50%
    Ukiah, CA (FHA|USDA|VA) 1 $335,000 $335,000 $3,389 3.50%
    VISALIA, CA (FHA|USDA|VA) 2 $330,000 $165,000 $3,943 2.69%
    Morehead City, NC (FHA|USDA|VA) 2 $330,000 $165,000 $3,556 2.50%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $325,000 $325,000 $7,135 2.25%
    Nacogdoches, TX (FHA|USDA|VA) 1 $315,000 $315,000 $4,389 2.63%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $315,000 $315,000 $4,832 2.88%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,342 3.38%
    Oxford, MS (FHA|USDA|VA) 1 $295,000 $295,000 $6,758 2.13%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $295,000 $295,000 $3,538 2.50%
    Plattsburgh, NY (FHA|USDA|VA) 1 $295,000 $295,000 $4,262 3.38%
    SANTA FE, NM (FHA|USDA|VA) 1 $285,000 $285,000 $4,303 3.00%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $275,000 $275,000 $3,687 3.00%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $275,000 $275,000 $3,591 2.75%
    Newport, OR (FHA|USDA|VA) 1 $275,000 $275,000 $4,357 2.88%
    CHICO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $3,324 2.88%
    Kalispell, MT (FHA|USDA|VA) 1 $265,000 $265,000 $3,413 3.00%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $265,000 $265,000 $3,313 2.88%
    BURLINGTON, NC (FHA|USDA|VA) 1 $265,000 $265,000 $3,447 2.88%
    ROCKY MOUNT, NC (FHA|USDA|VA) 2 $260,000 $130,000 $2,993 2.75%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $255,000 $255,000 $3,245 3.25%
    Pullman, WA (FHA|USDA|VA) 1 $255,000 $255,000 $3,192 3.63%
    MADERA, CA (FHA|USDA|VA) 1 $255,000 $255,000 $3,459 2.38%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $255,000 $255,000 $2,859 3.00%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,525 3.50%
    EL PASO, TX (FHA|USDA|VA) 1 $255,000 $255,000 $3,749 3.00%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $255,000 $255,000 $3,486 2.88%
    Craig, CO (FHA|USDA|VA) 1 $245,000 $245,000 $2,839 3.00%
    Outside of Metro Areas 1 $245,000 $245,000 $4,675 2.75%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $240,000 $120,000 $3,344 3.06%
    CHARLESTON, WV (FHA|USDA|VA) 1 $235,000 $235,000 $3,725 3.25%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $235,000 $235,000 $5,707 3.25%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $3,309 3.00%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $225,000 $225,000 $4,069 2.50%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $225,000 $225,000 $3,004 3.25%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $225,000 $225,000 $4,437 2.00%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $225,000 $225,000 $3,584 3.00%
    YAKIMA, WA (FHA|USDA|VA) 1 $225,000 $225,000 $3,136 3.00%
    Calhoun, GA (FHA|USDA|VA) 1 $225,000 $225,000 $3,618 3.00%
    AMES, IA (FHA|USDA|VA) 1 $225,000 $225,000 $2,994 2.25%
    Helena, MT (FHA|USDA|VA) 1 $225,000 $225,000 $3,120 2.88%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $225,000 $225,000 $3,201 3.00%
    MODESTO, CA (FHA|USDA|VA) 1 $215,000 $215,000 $4,942 2.88%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $215,000 $215,000 $6,053 3.50%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $215,000 $215,000 $4,116 2.75%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $210,000 $105,000 $3,118 2.81%
    Rutland, VT (FHA|USDA|VA) 1 $205,000 $205,000 $3,369 2.38%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $205,000 $205,000 $5,302 2.25%
    BILLINGS, MT (FHA|USDA|VA) 1 $205,000 $205,000 $3,717 2.75%
    GREELEY, CO (FHA|USDA|VA) 1 $195,000 $195,000 $3,109 3.00%
    Española, NM (FHA|USDA|VA) 1 $195,000 $195,000 $5,277 4.50%
    BOISE CITY, ID (FHA|USDA|VA) 1 $195,000 $195,000 $3,503 2.88%
    Los Alamos, NM (FHA|USDA|VA) 1 $195,000 $195,000 $4,324 3.00%
    OCALA, FL (FHA|USDA|VA) 1 $195,000 $195,000 $6,166 2.13%
    Athens, TX (FHA|USDA|VA) 1 $185,000 $185,000 $5,830 3.00%
    GREAT FALLS, MT (FHA|USDA|VA) 1 $185,000 $185,000 $3,484 3.00%
    Huntingdon, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,990 2.63%
    FLORENCE, SC (FHA|USDA|VA) 1 $185,000 $185,000 $3,604 2.75%
    WENATCHEE, WA (FHA|USDA|VA) 1 $185,000 $185,000 $4,165 2.88%
    Henderson, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,505 2.25%
    Ashtabula, OH (FHA|USDA|VA) 1 $185,000 $185,000 $7,298 3.13%
    Wilson, NC (FHA|USDA|VA) 1 $185,000 $185,000 $4,358 2.75%
    FARMINGTON, NM (FHA|USDA|VA) 1 $175,000 $175,000 $7,713 2.63%
    LINCOLN, NE (FHA|USDA|VA) 1 $175,000 $175,000 $2,571 3.00%
    Indiana, PA (FHA|USDA|VA) 1 $165,000 $165,000 $9,765 2.88%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $165,000 $165,000 $5,226 2.63%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $165,000 $165,000 $3,702 3.00%
    MADISON, WI (FHA|USDA|VA) 1 $165,000 $165,000 $4,299 2.38%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,660 2.38%
    MOBILE, AL (FHA|USDA|VA) 1 $155,000 $155,000 $2,905 3.00%
    SYRACUSE, NY (FHA|USDA|VA) 1 $155,000 $155,000 $3,627 3.00%
    ROCHESTER, NY (FHA|USDA|VA) 1 $155,000 $155,000 $5,109 3.25%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,149 2.88%
    HAMMOND, LA (FHA|USDA|VA) 1 $155,000 $155,000 $5,043 2.38%
    Bardstown, KY (FHA|USDA|VA) 1 $145,000 $145,000 $3,151 2.38%
    ITHACA, NY (FHA|USDA|VA) 1 $145,000 $145,000 $3,613 3.00%
    Picayune, MS (FHA|USDA|VA) 1 $145,000 $145,000 $3,405 2.88%
    Port Angeles, WA (FHA|USDA|VA) 1 $145,000 $145,000 $2,214 2.75%
    Gloversville, NY (FHA|USDA|VA) 1 $145,000 $145,000 $3,592 2.75%
    Durango, CO (FHA|USDA|VA) 1 $145,000 $145,000 $4,734 2.50%
    SPRINGFIELD, IL (FHA|USDA|VA) 1 $145,000 $145,000 $2,752 2.75%
    GRAND JUNCTION, CO (FHA|USDA|VA) 2 $140,000 $70,000 $2,339 2.31%
    Greenwood, MS (FHA|USDA|VA) 1 $135,000 $135,000 $2,846 2.88%
    JACKSON, MI (FHA|USDA|VA) 1 $135,000 $135,000 $3,233 2.88%
    Somerset, PA (FHA|USDA|VA) 1 $135,000 $135,000 $5,314 2.75%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,560 2.88%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $135,000 $135,000 $3,203 2.63%
    Elizabeth City, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,088 3.00%
    LOGAN, UT-ID (FHA|USDA|VA) 1 $125,000 $125,000 $3,667 2.63%
    MONROE, LA (FHA|USDA|VA) 1 $125,000 $125,000 $3,774 2.63%
    Roswell, NM (FHA|USDA|VA) 1 $115,000 $115,000 $2,768 2.88%
    Celina, OH (FHA|USDA|VA) 1 $115,000 $115,000 $4,445 2.25%
    Boone, NC (FHA|USDA|VA) 1 $115,000 $115,000 $3,383 2.88%
    Urbana, OH (FHA|USDA|VA) 1 $115,000 $115,000 $3,197 3.13%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $115,000 $115,000 $2,583 2.63%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $105,000 $105,000 $3,845 2.75%
    ELMIRA, NY (FHA|USDA|VA) 1 $105,000 $105,000 $3,548 3.00%
    FORT WAYNE, IN (FHA|USDA|VA) 1 $95,000 $95,000 $3,728 3.25%
    Glasgow, KY (FHA|USDA|VA) 1 $95,000 $95,000 $2,902 2.88%
    Albertville, AL (FHA|USDA|VA) 1 $95,000 $95,000 $3,766 2.13%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $85,000 $85,000 $3,323 3.00%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $85,000 $85,000 $2,504 2.88%
    RACINE, WI (FHA|USDA|VA) 1 $75,000 $75,000 $2,104 2.38%
    Central City, KY (FHA|USDA|VA) 1 $65,000 $65,000 $3,310 3.63%
    TOPEKA, KS (FHA|USDA|VA) 1 $65,000 $65,000 $3,049 2.75%
    West Plains, MO (FHA|USDA|VA) 1 $65,000 $65,000 $2,273 2.38%
    STAUNTON, VA (FHA|USDA|VA) 1 $65,000 $65,000 $2,812 2.50%
    Las Vegas, NM (FHA|USDA|VA) 1 $65,000 $65,000 $4,115 2.38%
    Elkins, WV (FHA|USDA|VA) 1 $55,000 $55,000 $3,139 3.00%
    Credit Union Mortgage Association's top markets include Washington, Baltimore, Miami, Detroit, and Charlotte among others.

    Their top states include:
  • Maryland (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

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

    Standard Bank, PaSB
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,414 $1,052,870,000 $308,398 $4,310 2.79%
    VA 67 $20,435,000 $305,000 $5,304 2.77%
    FHA 38 $8,840,000 $232,632 $7,846 2.88%
    USDA 9 $1,505,000 $167,222 $5,303 3.08%

    For 2021, Credit Union Mortgage Association's most frequently originated type of loan was Conventional, with 3,414 originations. Their 2nd most popular type was VA, with 67 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 1,611 $495,615,000 $307,644 $4,194 2.79%
    Refi 1,028 $297,310,000 $289,212 $4,074 2.70%
    Home Purchase 848 $280,920,000 $331,274 $5,090 2.90%
    Home Improvement 41 $9,805,000 $239,146 $3,722 2.76%

    For 2021, Credit Union Mortgage Association's most frequently cited loan purpose was Cash Out Refi, with 1,611 originations. The 2nd most popular reason was Refi, with 1,028 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,526 $846,990,000 $335,309 $4,529 2.87%
    15 Year 609 $138,255,000 $227,020 $3,916 2.46%
    20 Year 297 $77,405,000 $260,623 $4,063 2.84%
    10 Year 62 $9,790,000 $157,903 $3,480 2.45%
    Other 34 $11,210,000 $329,706 $4,922 3.37%

    For 2021, Credit Union Mortgage Association's most frequently cited loan duration was 30 Year, with 2,526 originations. The 2nd most popular length was 15 Year, with 609 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,764 $808,250,000 $292,420
    $5k+ 201 $122,485,000 $609,378
    $2k-3k 195 $37,125,000 $190,385
    $3k-4k 173 $44,515,000 $257,312
    $4k-5k 133 $52,985,000 $398,383
    $<1k 56 $17,420,000 $311,071

    Credit Union Mortgage Association's average total fees were $4,529, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,764 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,996 $598,180,000 $299,689
    <2.5% 1,015 $315,615,000 $310,951
    3-4% 490 $163,040,000 $332,735
    4-5% 25 $6,345,000 $253,800
    5-6% 2 $470,000 $235,000

    During 2021, Credit Union Mortgage Association's average interest rate for loans was 2.87%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,996 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,546 $446,130,000 $288,571 $4,130 2.79%
    $100k-200k 965 $146,135,000 $151,435 $3,624 2.80%
    $400k-600k 535 $259,175,000 $484,439 $5,332 2.78%
    $600k-1MM 243 $175,545,000 $722,407 $6,838 2.77%
    $100,000 or less 209 $16,735,000 $80,072 $3,169 2.77%
    $1MM+ 30 $39,930,000 $1,331,000 $11,746 2.91%

    2021 saw Credit Union Mortgage Association place emphasis on $200k-400k loans with 1,546 originations, totaling $446,130,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 974 $301,960,000 $310,021 $4,347 2.77%
    $150k-250k 773 $309,285,000 $400,110 $4,843 2.76%
    $50k-75k 609 $116,555,000 $191,388 $3,784 2.82%
    $75k-100k 597 $144,735,000 $242,437 $4,018 2.79%
    $250k+ 290 $170,130,000 $586,655 $5,921 2.78%
    $50k or less 284 $40,820,000 $143,732 $3,559 2.90%

    Credit Union Mortgage Association lent most frequently to those with incomes in the $100k-150k range, with 974 originations. The second most popular income band? $150k-250k, with 773 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,046 $322,220,000 $308,050 $4,290 2.76%
    30-36% 722 $221,610,000 $306,939 $4,309 2.81%
    <20% 488 $134,750,000 $276,127 $4,062 2.69%
    36% 137 $41,315,000 $301,569 $4,389 2.80%
    38% 124 $40,070,000 $323,145 $4,434 2.85%
    39% 112 $35,610,000 $317,946 $4,336 2.82%
    37% 111 $35,125,000 $316,441 $4,467 2.83%
    40% 106 $33,610,000 $317,075 $4,542 2.81%
    42% 99 $35,005,000 $353,586 $5,148 2.83%
    41% 95 $32,595,000 $343,105 $4,927 2.81%
    44% 92 $26,860,000 $291,957 $4,369 2.89%
    43% 86 $26,380,000 $306,744 $4,313 2.82%
    50-60% 62 $21,080,000 $340,000 $5,599 2.86%
    46% 52 $16,340,000 $314,231 $4,402 2.90%
    48% 50 $16,080,000 $321,600 $4,365 2.78%
    45% 41 $12,245,000 $298,659 $4,472 2.92%
    47% 34 $10,240,000 $301,176 $4,593 2.91%
    49% 31 $9,505,000 $306,613 $4,794 3.03%
    >60% 14 $4,840,000 $345,714 $5,321 2.87%

    Credit Union Mortgage Association lent most frequently to those with DTI ratios of 20-30%, with 1,046 originations. The next most common DTI ratio? 30-36%, with 722 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,533 $473,045,000 $308,575 $4,342 2.76%
    Not provided 1,298 $386,110,000 $297,465 $4,329 2.83%
    Black 507 $147,015,000 $289,970 $4,324 2.85%
    Asian 150 $64,540,000 $430,267 $5,165 2.63%
    American Indian 16 $4,740,000 $296,250 $4,356 2.91%
    Asian Indian 5 $2,465,000 $493,000 $5,253 2.38%
    Other Asian 5 $1,495,000 $299,000 $3,423 2.70%
    Other Pacific Islander 4 $1,360,000 $340,000 $3,581 2.66%
    Vietnamese 2 $900,000 $450,000 $4,608 2.75%
    Korean 3 $825,000 $275,000 $4,143 2.42%
    Native Hawaiian or Islander 3 $665,000 $221,667 $4,746 3.08%
    Japanese 2 $490,000 $245,000 $4,698 2.63%

    Approval Rates

    Total approvals of all applications
    91.07%

    Credit Union Mortgage Association has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.64%

    Credit Union Mortgage Association has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,528 $1,083,650,000 $307,157

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,528 $1,083,650,000 $307,157

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 219 $41,265,000 $188,425 $3,701 2.66%
    40-60% 738 $195,010,000 $264,241 $3,959 2.70%
    60-80% 1,603 $516,255,000 $322,056 $4,384 2.80%
    80-100% 898 $314,310,000 $350,011 $4,812 2.88%
    Over 100% 10 $3,360,000 $336,000 $9,627 2.84%
    Under 20% 27 $3,615,000 $133,889 $3,791 2.56%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Credit Union Mortgage Association, Inc. Conventional home mortgage Trouble during payment process 1 100.0%