Credit Union Mortgage Association Rates, Fees & Info

WILMINGTON, DE

LEI: 549300DNWSJUNAWUM003

Tax ID: 54-1094297

5 stars - Updated: 2/26/24 - out of 5 stars, based on 49 reviews

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

Jump to:

Mortgage Data

Review & Overview

Credit Union Mortgage Association is a smaller credit union specializing in Home Purchase and Cash Out Refi 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, Richmond, Miami, and Detroit among others. We have data for 241 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 6.04% 2/26/24
30 Year Conventional Refi 5.99% 2/26/24
30 Year Cash-out Refi 6.01% 2/26/24
30 Year FHA Purchase 7.13% 2/26/24
30 Year FHA Refi 6.27% 2/26/24
30 Year VA Purchase 6.05% 2/26/24
30 Year VA Refi 6.27% 2/26/24
30 Year USDA Purchase 6.79% 2/26/24
15 Year Conventional Purchase 5.38% 2/26/24
15 Year Conventional Refi 5.46% 2/26/24
15 Year Cash-out Refi 5.46% 2/26/24
15 Year FHA Purchase 7.17% 2/26/24
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.

Credit Union Mortgage Association Mortgage Calculator






Your Estimates

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

This is not an official calculator from Credit Union Mortgage Association. 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

2,435

Origination Dollar Volume (All Markets)

$780,835,000
Show all (29) awards

Relative Rate

Credit Union Mortgage Association's average 30 year fixed mortgage rate was 3.91%.

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

This yields a difference of -0.85%.

Relative Fees (Closing Costs)

Credit Union Mortgage Association's average total fees/closing costs for a 30 year fixed rate mortgage were $4,735.

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) 695 $289,985,000 $417,245 $5,069 3.66%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 234 $77,930,000 $333,034 $4,273 3.46%
RICHMOND, VA (FHA|USDA|VA) 104 $25,800,000 $248,077 $3,865 3.77%
Outside of Metro Areas 104 $25,420,000 $244,423 $3,993 3.69%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 86 $24,780,000 $288,140 $4,672 3.76%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 126 $22,850,000 $181,349 $3,207 3.66%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 50 $16,390,000 $327,800 $3,963 3.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 60 $15,970,000 $266,167 $5,513 3.63%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 37 $15,275,000 $412,838 $6,035 3.82%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 36 $11,430,000 $317,500 $4,668 4.17%
FAYETTEVILLE, NC (FHA|USDA|VA) 53 $10,435,000 $196,887 $4,103 3.84%
EAST STROUDSBURG, PA (FHA|USDA|VA) 43 $8,095,000 $188,256 $4,292 3.86%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 24 $7,920,000 $330,000 $4,595 3.78%
RALEIGH-CARY, NC (FHA|USDA|VA) 18 $7,670,000 $426,111 $4,293 3.40%
WINSTON-SALEM, NC (FHA|USDA|VA) 35 $7,545,000 $215,571 $3,738 3.94%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 15 $7,085,000 $472,333 $5,166 4.16%
LOUISVILLE, KY (FHA|USDA|VA) 36 $6,930,000 $192,500 $3,234 4.08%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 15 $6,765,000 $451,000 $4,447 2.78%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 10 $6,040,000 $604,000 $5,532 4.38%
SALISBURY, MD-DE (FHA|USDA|VA) 18 $6,020,000 $334,444 $4,120 3.58%
PITTSBURGH, PA (FHA|USDA|VA) 17 $5,795,000 $340,882 $6,343 4.06%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 15 $5,135,000 $342,333 $5,219 4.33%
PORT ST. LUCIE, FL (FHA|USDA|VA) 19 $5,075,000 $267,105 $4,913 3.77%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 17 $4,235,000 $249,118 $5,164 4.29%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 9 $3,725,000 $413,889 $4,077 2.72%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 15 $3,595,000 $239,667 $3,667 3.79%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 5 $3,575,000 $715,000 $4,575 3.50%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 11 $3,515,000 $319,545 $4,939 3.26%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 11 $3,375,000 $306,818 $5,068 4.67%
Sayre, PA (FHA|USDA|VA) 19 $3,285,000 $172,895 $4,423 3.99%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 5 $3,165,000 $633,000 $6,228 4.00%
JACKSONVILLE, FL (FHA|USDA|VA) 10 $3,040,000 $304,000 $4,785 3.98%
CUMBERLAND, MD-WV (FHA|USDA|VA) 20 $2,960,000 $148,000 $3,449 3.49%
ST. LOUIS, MO-IL (FHA|USDA|VA) 8 $2,910,000 $363,750 $5,967 3.72%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $2,805,000 $400,714 $4,713 3.41%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $2,795,000 $254,091 $3,835 4.01%
YORK-HANOVER, PA (FHA|USDA|VA) 14 $2,690,000 $192,143 $4,579 3.35%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 8 $2,590,000 $323,750 $4,686 4.13%
ANCHORAGE, AK (FHA|USDA|VA) 5 $2,565,000 $513,000 $4,285 4.03%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 6 $2,480,000 $413,333 $5,902 4.94%
COLUMBIA, SC (FHA|USDA|VA) 8 $2,300,000 $287,500 $5,295 4.27%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $2,175,000 $435,000 $5,518 3.73%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 8 $2,150,000 $268,750 $5,312 4.03%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $2,030,000 $507,500 $11,862 4.50%
ROANOKE, VA (FHA|USDA|VA) 12 $2,010,000 $167,500 $4,518 4.60%
LYNCHBURG, VA (FHA|USDA|VA) 9 $1,975,000 $219,444 $4,827 4.46%
MONROE, MI (FHA|USDA|VA) 8 $1,970,000 $246,250 $3,220 3.72%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 10 $1,940,000 $194,000 $5,517 4.54%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,875,000 $625,000 $11,788 3.04%
ANN ARBOR, MI (FHA|USDA|VA) 7 $1,855,000 $265,000 $4,125 4.14%
Cambridge, MD (FHA|USDA|VA) 4 $1,850,000 $462,500 $5,494 4.88%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $1,845,000 $369,000 $4,577 3.25%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 8 $1,830,000 $228,750 $5,036 4.67%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $1,795,000 $359,000 $5,852 4.43%
DOVER, DE (FHA|USDA|VA) 4 $1,620,000 $405,000 $5,728 3.22%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 9 $1,575,000 $175,000 $5,422 3.31%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $1,530,000 $382,500 $5,049 3.19%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $1,505,000 $501,667 $3,690 3.88%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 4 $1,390,000 $347,500 $4,875 3.66%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 5 $1,375,000 $275,000 $4,212 4.23%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 5 $1,355,000 $271,000 $3,736 3.30%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $1,280,000 $320,000 $4,937 4.47%
WILMINGTON, NC (FHA|USDA|VA) 4 $1,280,000 $320,000 $4,134 3.13%
WINCHESTER, VA-WV (FHA|USDA|VA) 6 $1,230,000 $205,000 $3,988 4.58%
BOWLING GREEN, KY (FHA|USDA|VA) 5 $1,205,000 $241,000 $3,436 3.25%
TUCSON, AZ (FHA|USDA|VA) 2 $1,150,000 $575,000 $6,291 3.13%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $1,145,000 $381,667 $3,358 4.42%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 5 $1,115,000 $223,000 $3,666 3.43%
GAINESVILLE, FL (FHA|USDA|VA) 6 $1,100,000 $183,333 $4,724 3.79%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 3 $965,000 $321,667 $7,617 3.92%
ASHEVILLE, NC (FHA|USDA|VA) 4 $940,000 $235,000 $3,724 4.53%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $920,000 $153,333 $4,296 6.14%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $915,000 $305,000 $4,360 3.50%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $910,000 $455,000 $7,340 2.94%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $910,000 $455,000 $6,927 4.44%
JACKSON, TN (FHA|USDA|VA) 2 $910,000 $455,000 $4,061 4.56%
LANCASTER, PA (FHA|USDA|VA) 3 $905,000 $301,667 $6,115 4.42%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $860,000 $430,000 $12,098 4.00%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $855,000 $285,000 $3,842 2.54%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $830,000 $415,000 $12,759 3.88%
WENATCHEE, WA (FHA|USDA|VA) 2 $830,000 $415,000 $3,954 4.56%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $790,000 $395,000 $3,393 3.00%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 3 $775,000 $258,333 $4,387 4.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $755,000 $251,667 $4,673 3.08%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $755,000 $251,667 $4,304 5.46%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $745,000 $745,000 $3,428 2.75%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $740,000 $370,000 $2,791 3.50%
Easton, MD (FHA|USDA|VA) 2 $740,000 $370,000 $3,668 3.50%
Kill Devil Hills, NC (FHA|USDA|VA) 2 $730,000 $365,000 $4,152 4.63%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $695,000 $231,667 $5,106 3.58%
KNOXVILLE, TN (FHA|USDA|VA) 4 $670,000 $167,500 $3,963 4.13%
CARSON CITY, NV (FHA|USDA|VA) 1 $645,000 $645,000 $3,762 3.25%
STOCKTON, CA (FHA|USDA|VA) 1 $645,000 $645,000 $3,690 3.13%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $605,000 $605,000 $3,304 1.99%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $605,000 $201,667 $3,993 3.13%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 3 $605,000 $201,667 $3,838 3.71%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $595,000 $595,000 $10,038 3.13%
PROVO-OREM, UT (FHA|USDA|VA) 1 $575,000 $575,000 $9,976 3.50%
Elizabeth City, NC (FHA|USDA|VA) 2 $560,000 $280,000 $6,383 3.94%
MERCED, CA (FHA|USDA|VA) 2 $550,000 $275,000 $4,956 3.75%
GREELEY, CO (FHA|USDA|VA) 1 $545,000 $545,000 $3,322 3.25%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $520,000 $130,000 $3,474 4.00%
Breckenridge, CO (FHA|USDA|VA) 1 $515,000 $515,000 $3,302 4.00%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $510,000 $255,000 $3,629 4.75%
NEW BERN, NC (FHA|USDA|VA) 2 $500,000 $250,000 $4,867 4.69%
SAVANNAH, GA (FHA|USDA|VA) 2 $500,000 $250,000 $4,931 5.25%
Mount Pleasant, MI (FHA|USDA|VA) 1 $495,000 $495,000 $3,630 4.50%
COLUMBUS, OH (FHA|USDA|VA) 1 $495,000 $495,000 $5,312 5.25%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $495,000 $495,000 $11,677 3.88%
Newport, OR (FHA|USDA|VA) 1 $495,000 $495,000 $4,491 4.88%
JACKSON, MS (FHA|USDA|VA) 1 $495,000 $495,000 $4,620 4.38%
Newberry, SC (FHA|USDA|VA) 1 $495,000 $495,000 $9,349 3.88%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $475,000 $475,000 $5,258 4.25%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $475,000 $475,000 $3,601 3.13%
Oak Harbor, WA (FHA|USDA|VA) 1 $475,000 $475,000 $4,108 6.13%
Ellensburg, WA (FHA|USDA|VA) 1 $475,000 $475,000 $4,614 5.13%
ALBUQUERQUE, NM (FHA|USDA|VA) 4 $470,000 $117,500 $3,973 4.16%
GETTYSBURG, PA (FHA|USDA|VA) 1 $455,000 $455,000 $5,957 4.75%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $455,000 $455,000 $8,440 5.38%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $450,000 $225,000 $4,646 2.63%
OCALA, FL (FHA|USDA|VA) 2 $440,000 $220,000 $3,631 4.06%
Bardstown, KY (FHA|USDA|VA) 2 $440,000 $220,000 $3,181 4.69%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $435,000 $435,000 $4,607 5.25%
Danville, VA (FHA|USDA|VA) 3 $435,000 $145,000 $3,863 5.25%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $435,000 $435,000 $5,850 3.50%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $420,000 $210,000 $6,001 5.25%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $420,000 $210,000 $4,360 4.00%
Outside of Metro Areas 1 $415,000 $415,000 $4,498 2.75%
BINGHAMTON, NY (FHA|USDA|VA) 2 $410,000 $205,000 $4,849 4.63%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $410,000 $205,000 $3,092 2.88%
Port Angeles, WA (FHA|USDA|VA) 1 $405,000 $405,000 $8,138 3.75%
CHARLESTON, WV (FHA|USDA|VA) 1 $405,000 $405,000 $4,205 5.25%
HARRISONBURG, VA (FHA|USDA|VA) 1 $405,000 $405,000 $4,106 5.63%
LUBBOCK, TX (FHA|USDA|VA) 1 $405,000 $405,000 $5,546 3.38%
VALDOSTA, GA (FHA|USDA|VA) 2 $400,000 $200,000 $5,907 4.63%
ITHACA, NY (FHA|USDA|VA) 1 $395,000 $395,000 $7,618 3.50%
MEDFORD, OR (FHA|USDA|VA) 1 $385,000 $385,000 $7,850 4.63%
BRUNSWICK, GA (FHA|USDA|VA) 1 $385,000 $385,000 $5,676 4.13%
MISSOULA, MT (FHA|USDA|VA) 1 $385,000 $385,000 $4,587 5.13%
LAS CRUCES, NM (FHA|USDA|VA) 2 $380,000 $190,000 $3,099 4.50%
SPARTANBURG, SC (FHA|USDA|VA) 1 $375,000 $375,000 $3,232 4.13%
PITTSFIELD, MA (FHA|USDA|VA) 1 $365,000 $365,000 $6,122 3.38%
BURLINGTON, NC (FHA|USDA|VA) 1 $365,000 $365,000 $4,264 4.50%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $365,000 $365,000 $3,294 3.00%
WHEELING, WV-OH (FHA|USDA|VA) 1 $355,000 $355,000 $3,902 3.38%
Roseburg, OR (FHA|USDA|VA) 1 $355,000 $355,000 $7,380 4.50%
Safford, AZ (FHA|USDA|VA) 1 $345,000 $345,000 $5,090 6.13%
BOISE CITY, ID (FHA|USDA|VA) 1 $345,000 $345,000 $4,169 2.75%
Galesburg, IL (FHA|USDA|VA) 1 $345,000 $345,000 $3,734 3.25%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $345,000 $345,000 $6,675 3.88%
STAUNTON, VA (FHA|USDA|VA) 2 $340,000 $170,000 $5,064 4.63%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $335,000 $335,000 $5,252 3.25%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $330,000 $165,000 $3,087 4.50%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $325,000 $325,000 $2,786 2.75%
SYRACUSE, NY (FHA|USDA|VA) 1 $325,000 $325,000 $4,500 4.13%
FAIRBANKS, AK (FHA|USDA|VA) 1 $315,000 $315,000 $4,214 2.75%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $315,000 $315,000 $7,461 3.88%
La Grande, OR (FHA|USDA|VA) 1 $305,000 $305,000 $3,404 4.50%
FORT COLLINS, CO (FHA|USDA|VA) 1 $305,000 $305,000 $2,704 3.13%
MADISON, WI (FHA|USDA|VA) 1 $305,000 $305,000 $6,165 3.50%
Crossville, TN (FHA|USDA|VA) 1 $295,000 $295,000 $6,936 3.63%
GREENVILLE, NC (FHA|USDA|VA) 1 $295,000 $295,000 $3,809 6.63%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $295,000 $295,000 $3,013 2.88%
Kalispell, MT (FHA|USDA|VA) 1 $285,000 $285,000 $2,971 2.75%
SAGINAW, MI (FHA|USDA|VA) 1 $285,000 $285,000 $3,318 4.00%
Traverse City, MI (FHA|USDA|VA) 1 $285,000 $285,000 $3,272 2.88%
Malone, NY (FHA|USDA|VA) 1 $285,000 $285,000 $4,286 4.13%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $275,000 $275,000 $2,960 2.75%
TULSA, OK (FHA|USDA|VA) 1 $275,000 $275,000 $5,041 4.13%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $270,000 $135,000 $1,809 4.19%
FARMINGTON, NM (FHA|USDA|VA) 2 $270,000 $135,000 $5,340 5.25%
MONTGOMERY, AL (FHA|USDA|VA) 1 $265,000 $265,000 $9,595 2.88%
CLEVELAND, TN (FHA|USDA|VA) 1 $265,000 $265,000 $3,797 3.25%
Wilson, NC (FHA|USDA|VA) 1 $255,000 $255,000 $4,058 4.75%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $255,000 $255,000 $3,984 4.38%
THE VILLAGES, FL (FHA|USDA|VA) 1 $255,000 $255,000 $4,118 3.75%
North Wilkesboro, NC (FHA|USDA|VA) 1 $245,000 $245,000 $8,346 7.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,435 5.00%
Newport, TN (FHA|USDA|VA) 1 $245,000 $245,000 $3,981 4.00%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $245,000 $245,000 $4,037 5.13%
SANTA FE, NM (FHA|USDA|VA) 1 $245,000 $245,000 $4,458 4.75%
Winnemucca, NV (FHA|USDA|VA) 1 $245,000 $245,000 $4,152 4.88%
OWENSBORO, KY (FHA|USDA|VA) 1 $235,000 $235,000 $5,175 4.63%
AKRON, OH (FHA|USDA|VA) 1 $235,000 $235,000 $3,664 4.88%
ERIE, PA (FHA|USDA|VA) 1 $235,000 $235,000 $4,271 4.63%
Adrian, MI (FHA|USDA|VA) 1 $235,000 $235,000 $3,636 3.25%
Marion, NC (FHA|USDA|VA) 1 $235,000 $235,000 $3,406 5.25%
Lebanon, NH-VT (FHA|USDA|VA) 1 $235,000 $235,000 $3,837 4.00%
Vernal, UT (FHA|USDA|VA) 1 $235,000 $235,000 $3,353 5.00%
Searcy, AR (FHA|USDA|VA) 1 $235,000 $235,000 $4,877 2.13%
KANKAKEE, IL (FHA|USDA|VA) 1 $235,000 $235,000 $8,538 6.63%
FLORENCE, SC (FHA|USDA|VA) 1 $225,000 $225,000 $3,227 3.38%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $225,000 $225,000 $5,248 5.25%
Oxford, MS (FHA|USDA|VA) 1 $225,000 $225,000 $3,192 4.38%
TOPEKA, KS (FHA|USDA|VA) 1 $215,000 $215,000 $3,067 3.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $215,000 $215,000 $2,677 3.50%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $205,000 $205,000 $3,760 2.88%
BATON ROUGE, LA (FHA|USDA|VA) 1 $205,000 $205,000 $6,059 5.63%
BEND, OR (FHA|USDA|VA) 1 $195,000 $195,000 $3,225 3.25%
Amsterdam, NY (FHA|USDA|VA) 1 $195,000 $195,000 $5,961 4.38%
ST. GEORGE, UT (FHA|USDA|VA) 1 $195,000 $195,000 $2,966 4.88%
TOLEDO, OH (FHA|USDA|VA) 1 $195,000 $195,000 $3,621 4.75%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,552 2.63%
LONGVIEW, WA (FHA|USDA|VA) 1 $195,000 $195,000 $3,353 2.75%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $185,000 $185,000 $6,161 5.00%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $175,000 $175,000 $3,815 2.63%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $175,000 $175,000 $3,536 4.50%
Brookhaven, MS (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.50%
Thomasville, GA (FHA|USDA|VA) 1 $175,000 $175,000 $3,399 5.13%
GOLDSBORO, NC (FHA|USDA|VA) 1 $165,000 $165,000 $3,316 3.38%
ELMIRA, NY (FHA|USDA|VA) 1 $165,000 $165,000 $5,302 4.63%
Glasgow, KY (FHA|USDA|VA) 1 $165,000 $165,000 $3,066 2.88%
FARGO, ND-MN (FHA|USDA|VA) 1 $155,000 $155,000 $3,188 5.13%
DULUTH, MN-WI (FHA|USDA|VA) 1 $155,000 $155,000 $4,966 5.38%
JACKSON, MI (FHA|USDA|VA) 1 $155,000 $155,000 $3,173 2.25%
Greenwood, MS (FHA|USDA|VA) 1 $145,000 $145,000 $4,206 4.00%
READING, PA (FHA|USDA|VA) 1 $145,000 $145,000 $3,885 5.13%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $145,000 $145,000 $3,081 3.13%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,047 4.00%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $145,000 $145,000 $5,310 3.50%
Altus, OK (FHA|USDA|VA) 1 $145,000 $145,000 $3,641 4.88%
LAFAYETTE, LA (FHA|USDA|VA) 1 $135,000 $135,000 $3,595 2.25%
Mount Airy, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,327 5.00%
Martinsville, VA (FHA|USDA|VA) 1 $125,000 $125,000 $5,560 3.25%
WICHITA, KS (FHA|USDA|VA) 1 $125,000 $125,000 $2,575 2.38%
Laurinburg, NC (FHA|USDA|VA) 1 $115,000 $115,000 $4,350 5.88%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $115,000 $115,000 $3,401 6.00%
Rockingham, NC (FHA|USDA|VA) 1 $115,000 $115,000 $3,735 5.13%
Georgetown, SC (FHA|USDA|VA) 1 $115,000 $115,000 $3,811 5.25%
Fairmont, WV (FHA|USDA|VA) 1 $115,000 $115,000 $3,278 2.88%
LIMA, OH (FHA|USDA|VA) 1 $115,000 $115,000 $3,396 5.88%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $105,000 $105,000 $3,240 2.75%
Scottsburg, IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,026 4.13%
LAWRENCE, KS (FHA|USDA|VA) 1 $105,000 $105,000 $2,717 5.13%
FLINT, MI (FHA|USDA|VA) 1 $95,000 $95,000 $2,834 4.50%
ROCHESTER, NY (FHA|USDA|VA) 1 $85,000 $85,000 $4,257 4.88%
Marion, IN (FHA|USDA|VA) 1 $85,000 $85,000 $2,721 5.50%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $75,000 $75,000 $2,882 2.25%
Greenwood, SC (FHA|USDA|VA) 1 $65,000 $65,000 $3,717 8.36%
Sanford, NC (FHA|USDA|VA) 1 $65,000 $65,000 $4,062 3.88%
Tupelo, MS (FHA|USDA|VA) 1 $55,000 $55,000 $3,475 3.50%
Credit Union Mortgage Association's top markets include Washington, Baltimore, Richmond, Miami, and Detroit among others.

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

    St James Mortgage Corporation
    Similarity Rank: 114
    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 167
    First Credit Union
    Similarity Rank: 210
    First Citizens Community Bank
    Similarity Rank: 225
    N C P D Federal Credit Union
    Similarity Rank: 306
    ATLANTIS MORTGAGE CO., INC.
    Similarity Rank: 326
    Louviers Federal Credit Union
    Similarity Rank: 328
    First Keystone Community Bank
    Similarity Rank: 351

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,367 $763,125,000 $322,402 $4,528 3.76%
    FHA 35 $7,975,000 $227,857 $8,179 4.26%
    VA 30 $9,080,000 $302,667 $5,988 4.03%
    USDA 3 $655,000 $218,333 $6,805 5.13%

    For 2022, Credit Union Mortgage Association's most frequently originated type of loan was Conventional, with 2,367 originations. Their 2nd most popular type was FHA, with 35 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,225 $444,585,000 $362,927 $5,194 4.18%
    Cash Out Refi 901 $254,535,000 $282,503 $4,095 3.44%
    Refi 257 $66,075,000 $257,101 $3,697 3.04%
    Home Improvement 52 $15,640,000 $300,769 $3,885 3.71%

    For 2022, Credit Union Mortgage Association's most frequently cited loan purpose was Home Purchase, with 1,225 originations. The 2nd most popular reason was Cash Out Refi, with 901 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,943 $669,075,000 $344,352 $4,735 3.91%
    15 Year 311 $71,245,000 $229,084 $4,018 3.07%
    20 Year 147 $34,115,000 $232,075 $4,189 3.55%
    10 Year 22 $3,080,000 $140,000 $3,565 2.89%
    Other 12 $3,320,000 $276,667 $5,044 4.73%

    For 2022, Credit Union Mortgage Association's most frequently cited loan duration was 30 Year, with 1,943 originations. The 2nd most popular length was 15 Year, with 311 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,902 $600,740,000 $315,846
    $2k-3k 134 $22,530,000 $168,134
    $5k+ 127 $70,855,000 $557,913
    $3k-4k 109 $28,325,000 $259,862
    $4k-5k 84 $30,800,000 $366,667
    $<1k 75 $26,645,000 $355,267

    Credit Union Mortgage Association's average total fees were $4,735, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,902 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 769 $260,185,000 $338,342
    4-5% 610 $194,830,000 $319,393
    2.5-3% 451 $151,785,000 $336,552
    <2.5% 312 $91,110,000 $292,019
    5-6% 208 $57,880,000 $278,269
    6-7% 71 $21,545,000 $303,451
    7-8% 12 $3,310,000 $275,833
    Over 8% 2 $190,000 $95,000

    During 2022, Credit Union Mortgage Association's average interest rate for loans was 3.91%, while their most frequently originated rate bucket for loans was 3-4%, with 769 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,018 $292,660,000 $287,485 $4,420 3.78%
    $100k-200k 601 $91,335,000 $151,972 $3,781 3.82%
    $400k-600k 457 $220,255,000 $481,958 $5,417 3.71%
    $600k-1MM 188 $136,720,000 $727,234 $6,588 3.68%
    $100,000 or less 151 $12,155,000 $80,497 $3,460 3.83%
    $1MM+ 20 $27,710,000 $1,385,500 $9,784 3.96%

    2022 saw Credit Union Mortgage Association place emphasis on $200k-400k loans with 1,018 originations, totaling $292,660,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 642 $203,700,000 $317,290 $4,549 3.75%
    $150k-250k 547 $233,775,000 $427,377 $5,118 3.72%
    $50k-75k 427 $84,375,000 $197,600 $4,007 3.80%
    $75k-100k 391 $101,935,000 $260,703 $4,403 3.84%
    $250k+ 220 $128,710,000 $585,045 $5,867 3.79%
    $50k or less 208 $28,340,000 $136,250 $3,655 3.75%

    Credit Union Mortgage Association lent most frequently to those with incomes in the $100k-150k range, with 642 originations. The second most popular income band? $150k-250k, with 547 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 646 $204,250,000 $316,176 $4,560 3.70%
    30-36% 464 $145,990,000 $314,634 $4,633 3.77%
    <20% 269 $80,075,000 $297,677 $4,256 3.56%
    37% 98 $34,020,000 $347,143 $4,568 3.86%
    38% 91 $29,715,000 $326,538 $4,319 3.73%
    42% 85 $27,045,000 $318,176 $4,652 3.89%
    41% 82 $28,870,000 $352,073 $4,865 3.93%
    36% 81 $25,335,000 $312,778 $4,458 3.87%
    39% 81 $25,125,000 $310,185 $4,629 3.78%
    43% 76 $26,590,000 $349,868 $4,512 3.80%
    40% 76 $25,000,000 $328,947 $4,744 3.53%
    50-60% 58 $21,270,000 $366,724 $6,267 4.05%
    44% 58 $21,620,000 $372,759 $4,507 3.99%
    45% 54 $16,920,000 $313,333 $4,606 3.83%
    46% 49 $16,275,000 $332,143 $4,971 4.13%
    47% 48 $16,640,000 $346,667 $4,584 3.89%
    48% 43 $11,475,000 $266,860 $4,260 4.05%
    49% 42 $14,840,000 $353,333 $5,247 4.01%
    >60% 16 $5,590,000 $349,375 $4,636 3.40%

    Credit Union Mortgage Association lent most frequently to those with DTI ratios of 20-30%, with 646 originations. The next most common DTI ratio? 30-36%, with 464 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,073 $339,785,000 $316,668 $4,502 3.77%
    Not provided 932 $292,920,000 $314,292 $4,614 3.79%
    Black 290 $88,150,000 $303,966 $4,572 3.74%
    Asian 106 $49,550,000 $467,453 $5,638 3.76%
    Asian Indian 12 $4,810,000 $400,833 $5,166 3.33%
    American Indian 12 $2,800,000 $233,333 $3,842 4.39%
    Native Hawaiian or Islander 4 $1,220,000 $305,000 $4,468 3.81%
    Other Asian 3 $825,000 $275,000 $3,879 3.92%
    Filipino 1 $335,000 $335,000 $4,315 4.50%
    Other Pacific Islander 1 $275,000 $275,000 $5,203 6.25%
    Korean 1 $165,000 $165,000 $3,316 3.38%

    Approval Rates

    Total approvals of all applications
    90.82%

    Credit Union Mortgage Association has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.86%

    Credit Union Mortgage Association has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,435 $780,835,000 $320,671

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,435 $780,835,000 $320,671

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 165 $30,675,000 $185,909 $3,799 3.48%
    40-60% 425 $107,545,000 $253,047 $4,074 3.51%
    60-80% 920 $309,050,000 $335,924 $4,631 3.70%
    80-100% 871 $321,865,000 $369,535 $5,011 4.03%
    Over 100% 3 $855,000 $285,000 $10,672 4.33%
    Under 20% 23 $3,495,000 $151,957 $3,327 3.43%