Vantage Credit Union Mortgage Rates, Fees & Info

Bridgeton, MO

LEI: 549300E06ZGS1I3URI95

Tax ID: 43-0739854

5 stars - Updated: 4/5/25 - out of 5 stars, based on 21 reviews

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

Jump to:

  • 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

    Vantage Credit Union is a smaller credit union specializing in Home Purchase loans. Vantage Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Farmington, Warrensburg, and Rolla among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Vantage Credit Union has a below average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Vantage 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 6.84% 4/5/25
    30 Year Conventional Refi 6.43% 4/5/25
    30 Year Cash-out Refi 6.89% 4/5/25
    15 Year Conventional Purchase 6.12% 4/5/25
    15 Year Conventional Refi 8.34% 4/5/25
    15 Year Cash-out Refi 8.34% 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.

    Vantage Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Vantage 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

    462

    Origination Dollar Volume (All Markets)

    $65,670,000

    Awards

    VANTAGE Credit Union 30 Year Conventional Loans bronze VANTAGE Credit Union 30 Year Conventional Loans gold VANTAGE Credit Union 30 Year Conventional Loans bronze
    Show all (3) awards

    Relative Rate

    Vantage Credit Union's average 30 year fixed mortgage rate was 6.42%.

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

    This yields a difference of -0.13%.

    Relative Fees (Closing Costs)

    Vantage Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $3,668.

    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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 442 $63,600,000 $143,891 $1,409 7.92%
    Outside of Metro Areas 15 $1,505,000 $100,333 $929 7.92%
    Farmington, MO (FHA|USDA|VA) 3 $445,000 $148,333 $3,409 6.96%
    Warrensburg, MO (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.25%
    Rolla, MO (FHA|USDA|VA) 1 $15,000 $15,000 $0 7.75%
    Vantage Credit Union's top markets include St. Louis, Farmington, Warrensburg, and Rolla among others.

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

    • Similar Lenders

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

    ELECTRO SAVINGS CREDIT UNION
    Similarity Rank: 198
    United Bank of Union
    Similarity Rank: 200
    Bank of Hillsboro
    Similarity Rank: 225
    First National Bank of Waterloo
    Similarity Rank: 259
    VANTAGE Credit Union
    Similarity Rank: 290
    Gateway Metro Federal Credit Union
    Similarity Rank: 292
    FIRST COMMUNITY
    Similarity Rank: 312
    ALLTRU Federal Credit Union
    Similarity Rank: 424
    ACCESS CAPITAL FUNDING, L.L.C.
    Similarity Rank: 480
    WEST COMMUNITY
    Similarity Rank: 567

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 382 $57,850,000 $151,440 $1,393 7.74%
    HELOC 80 $7,820,000 $97,750 n/a 8.76%

    For 2024, Vantage Credit Union's most frequently originated type of loan was Conventional, with 382 originations. Their 2nd most popular type was HELOC, with 80 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 175 $11,375,000 $65,000 $0 8.40%
    Other 101 $7,405,000 $73,317 $0 8.55%
    Home Purchase 91 $32,705,000 $359,396 $3,859 6.40%
    Refi 69 $8,515,000 $123,406 $515 8.30%
    Cash Out Refi 26 $5,670,000 $218,077 $3,155 6.44%

    For 2024, Vantage Credit Union's most frequently cited loan purpose was Home Improvement, with 175 originations. The 2nd most popular reason was Other, with 101 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 257 $23,555,000 $91,654 $222 8.50%
    30 Year 112 $37,510,000 $334,911 $3,668 6.42%
    Other 50 $1,880,000 $37,600 $0 8.16%
    10 Year 24 $1,510,000 $62,917 $0 8.42%
    5 Year 12 $470,000 $39,167 $0 7.85%
    20 Year 4 $700,000 $175,000 $2,759 5.69%
    3 Year 3 $45,000 $15,000 $0 8.50%

    For 2024, Vantage Credit Union's most frequently cited loan duration was 15 Year, with 257 originations. The 2nd most popular length was 30 Year, with 112 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 201 $13,885,000 $69,080
    $1k-2k 119 $37,745,000 $317,185
    $5k+ 3 $1,735,000 $578,333
    $2k-3k 2 $1,020,000 $510,000
    $3k-4k 1 $155,000 $155,000

    Vantage Credit Union's average total fees were $3,668, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 201 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 290 $23,400,000 $80,690
    6-7% 87 $28,205,000 $324,195
    7-8% 55 $4,095,000 $74,455
    5-6% 30 $9,970,000 $332,333

    During 2024, Vantage Credit Union's average interest rate for loans was 6.42%, while their most frequently originated rate bucket for loans was Over 8%, with 290 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 278 $14,840,000 $53,381 $113 8.40%
    $100k-200k 80 $11,390,000 $142,375 $1,711 7.87%
    $200k-400k 71 $19,845,000 $279,507 $3,312 6.76%
    $400k-600k 23 $11,095,000 $482,391 $3,539 6.40%
    $600k-1MM 7 $5,025,000 $717,857 $4,650 6.27%
    $1MM+ 3 $3,475,000 $1,158,333 $7,528 6.54%

    2024 saw Vantage Credit Union place emphasis on $100,000 or less loans with 278 originations, totaling $14,840,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 144 $22,830,000 $158,542 $1,375 7.96%
    $100k-150k 124 $16,980,000 $136,935 $1,240 7.84%
    $75k-100k 71 $6,115,000 $86,127 $895 8.16%
    $50k-75k 62 $6,430,000 $103,710 $1,747 7.74%
    $250k+ 41 $11,415,000 $278,415 $1,860 7.90%
    $50k or less 14 $970,000 $69,286 $2,419 7.79%

    Vantage Credit Union lent most frequently to those with incomes in the $150k-250k range, with 144 originations. The second most popular income band? $100k-150k, with 124 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 145 $14,935,000 $103,000 $765 8.14%
    30-36% 92 $11,640,000 $126,522 $1,360 8.05%
    <20% 38 $3,850,000 $101,316 $1,000 8.09%
    41% 21 $3,235,000 $154,048 $1,050 8.27%
    40% 19 $2,825,000 $148,684 $1,539 7.73%
    42% 17 $2,265,000 $133,235 $787 7.82%
    43% 17 $4,205,000 $247,353 $2,226 7.18%
    36% 16 $3,780,000 $236,250 $2,460 7.28%
    47% 15 $1,625,000 $108,333 $659 8.03%
    38% 15 $1,735,000 $115,667 $1,449 7.63%
    44% 14 $1,860,000 $132,857 $1,343 8.09%
    37% 13 $3,435,000 $264,231 $2,402 7.37%
    39% 13 $3,455,000 $265,769 $2,255 7.69%
    46% 10 $1,400,000 $140,000 $1,843 7.61%
    45% 8 $2,420,000 $302,500 $3,033 6.83%
    49% 5 $2,145,000 $429,000 $4,600 6.60%
    48% 4 $860,000 $215,000 $3,446 6.97%

    Vantage Credit Union lent most frequently to those with DTI ratios of 20-30%, with 145 originations. The next most common DTI ratio? 30-36%, with 92 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 370 $48,380,000 $130,757 $1,240 7.97%
    Not provided 39 $6,655,000 $170,641 $2,088 7.43%
    Asian 12 $4,720,000 $393,333 $3,156 6.96%
    Black 36 $4,200,000 $116,667 $1,152 8.31%
    Asian Indian 3 $1,555,000 $518,333 $4,305 6.12%
    American Indian 2 $160,000 $80,000 $0 8.25%

    Approval Rates

    Total approvals of all applications
    68.63%

    Vantage Credit Union has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    93.29%

    Vantage Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 462 $65,670,000 $142,143

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    462 $65,670,000 $142,143

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 120 $12,000,000 $100,000 $229 8.52%
    40-60% 30 $4,690,000 $156,333 $1,768 7.77%
    60-80% 42 $12,490,000 $297,381 $3,589 6.64%
    80-100% 70 $26,420,000 $377,429 $3,784 6.39%
    Under 20% 200 $10,070,000 $50,350 $42 8.37%