Oneaz Credit Union Mortgage Rates, Fees & Info

PHOENIX, AZ

LEI: 549300EWL25M8JXH2R78

Tax ID: 86-0108770

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

    Oneaz Credit Union is a smaller credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. Oneaz Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Phoenix, Prescott Valley, Tucson, Flagstaff, and Safford among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Oneaz 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. Oneaz 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
    Home Equity Line of Credit (HELOC) 4.73% 12/16/24
    30 Year Conventional Purchase 6.12% 12/16/24
    30 Year Conventional Refi 6.28% 12/16/24
    30 Year Cash-out Refi 6.45% 12/16/24
    15 Year Conventional Purchase 5.73% 12/16/24
    15 Year Conventional Refi 6.17% 12/16/24
    15 Year Cash-out Refi 6.17% 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.

    Oneaz Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Oneaz 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

    2,443

    Origination Dollar Volume (All Markets)

    $491,545,000
    Show all (6) 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
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1,106 $258,750,000 $233,951 $2,801 3.06%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 614 $105,910,000 $172,492 $2,608 3.08%
    TUCSON, AZ (FHA|USDA|VA) 266 $44,520,000 $167,368 $3,027 3.02%
    FLAGSTAFF, AZ (FHA|USDA|VA) 213 $40,385,000 $189,601 $2,765 2.97%
    Safford, AZ (FHA|USDA|VA) 186 $29,350,000 $157,796 $3,182 2.80%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 7 $4,055,000 $579,286 $2,256 3.96%
    Show Low, AZ (FHA|USDA|VA) 16 $3,850,000 $240,625 $4,039 2.94%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 9 $1,615,000 $179,444 $3,009 2.51%
    Payson, AZ (FHA|USDA|VA) 9 $1,345,000 $149,444 $3,209 2.98%
    Outside of Metro Areas 13 $1,215,000 $93,462 $2,822 2.83%
    YUMA, AZ (FHA|USDA|VA) 2 $300,000 $150,000 $1,601 4.06%
    Nogales, AZ (FHA|USDA|VA) 2 $250,000 $125,000 $2,659 3.50%
    Oneaz Credit Union's top markets include Phoenix, Prescott Valley, Tucson, Flagstaff, and Safford among others.

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

    • Similar Lenders

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

    First Credit Union
    Similarity Rank: 558
    AERO Federal Credit Union
    Similarity Rank: 1428
    ARIZONA CENTRAL
    Similarity Rank: 1716
    LOANFLIGHT LENDING, LLC
    Similarity Rank: 1950
    Western State Bank
    Similarity Rank: 2520
    PIMA Federal Credit Union
    Similarity Rank: 2655
    WINNPOINTE CORPORATION
    Similarity Rank: 3266
    MERIWEST MORTGAGE COMPANY, LLC
    Similarity Rank: 3354
    Arizona Bank & Trust
    Similarity Rank: 3430
    CREDIT UNION WEST
    Similarity Rank: 3600

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,619 $422,555,000 $260,998 $2,819 2.98%
    HELOC 824 $68,990,000 $83,726 n/a 3.13%

    For 2021, Oneaz Credit Union's most frequently originated type of loan was Conventional, with 1,619 originations. Their 2nd most popular type was HELOC, with 824 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 656 $55,500,000 $84,604 $987 3.25%
    Cash Out Refi 599 $149,235,000 $249,140 $2,706 3.01%
    Refi 573 $128,985,000 $225,105 $2,385 2.84%
    Home Purchase 347 $131,645,000 $379,380 $4,457 2.89%
    Other 268 $26,180,000 $97,687 $1,687 3.14%

    For 2021, Oneaz Credit Union's most frequently cited loan purpose was Home Improvement, with 656 originations. The 2nd most popular reason was Cash Out Refi, with 599 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 930 $262,890,000 $282,677 $3,056 3.09%
    Other 826 $86,890,000 $105,194 $14,580 3.12%
    15 Year 447 $83,135,000 $185,984 $2,491 2.68%
    20 Year 118 $22,500,000 $190,678 $2,619 2.97%
    10 Year 91 $25,275,000 $277,747 $1,686 3.24%
    5 Year 20 $5,220,000 $261,000 $240 4.10%
    30+ year 9 $5,325,000 $591,667 $8,339 2.47%
    1 Year 2 $310,000 $155,000 $0 4.40%

    For 2021, Oneaz Credit Union's most frequently cited loan duration was 30 Year, with 930 originations. The 2nd most popular length was Other, with 826 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,128 $264,550,000 $234,530
    $1k-2k 293 $59,755,000 $203,942
    $2k-3k 89 $22,565,000 $253,539
    $3k-4k 41 $13,445,000 $327,927
    $4k-5k 22 $10,220,000 $464,545
    $5k+ 20 $13,250,000 $662,500

    Oneaz Credit Union's average total fees were $3,056, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,128 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,309 $226,955,000 $173,380
    3-4% 501 $150,985,000 $301,367
    <2.5% 377 $85,295,000 $226,247
    4-5% 247 $27,845,000 $112,733
    5-6% 9 $465,000 $51,667

    During 2021, Oneaz Credit Union's average interest rate for loans was 3.09%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,309 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 851 $120,345,000 $141,416 $2,367 2.95%
    $100,000 or less 751 $42,555,000 $56,664 $1,773 3.21%
    $200k-400k 650 $174,110,000 $267,862 $3,030 2.96%
    $400k-600k 94 $45,160,000 $480,426 $4,455 2.90%
    $600k-1MM 73 $53,315,000 $730,342 $5,039 2.90%
    $1MM+ 24 $56,060,000 $2,335,833 $8,372 3.15%

    2021 saw Oneaz Credit Union place emphasis on $100k-200k loans with 851 originations, totaling $120,345,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 546 $100,280,000 $183,663 $2,891 3.05%
    $50k-75k 544 $81,160,000 $149,191 $2,529 3.02%
    $75k-100k 422 $67,430,000 $159,787 $2,623 2.98%
    $50k or less 406 $51,740,000 $127,438 $2,423 3.04%
    $150k-250k 351 $83,505,000 $237,906 $3,524 3.02%
    $250k+ 136 $67,530,000 $496,544 $4,437 2.97%

    Oneaz Credit Union lent most frequently to those with incomes in the $100k-150k range, with 546 originations. The second most popular income band? $50k-75k, with 544 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 702 $132,630,000 $188,932 $2,764 2.98%
    30-36% 519 $100,435,000 $193,516 $2,823 3.08%
    <20% 313 $51,105,000 $163,275 $2,540 2.86%
    42% 110 $21,650,000 $196,818 $2,997 3.06%
    41% 107 $13,455,000 $125,748 $2,837 3.22%
    40% 93 $14,965,000 $160,914 $2,717 3.18%
    39% 92 $13,260,000 $144,130 $2,998 3.10%
    37% 87 $16,685,000 $191,782 $2,848 3.11%
    36% 80 $16,150,000 $201,875 $2,759 3.15%
    38% 74 $14,810,000 $200,135 $3,122 3.07%
    44% 58 $14,980,000 $258,276 $3,196 2.94%
    43% 55 $13,905,000 $252,818 $2,937 3.01%
    47% 29 $5,865,000 $202,241 $2,863 2.85%
    45% 28 $7,670,000 $273,929 $3,269 2.87%
    49% 26 $5,140,000 $197,692 $3,371 2.84%
    48% 22 $4,720,000 $214,545 $3,075 3.06%
    46% 20 $4,950,000 $247,500 $2,934 2.96%
    50-60% 1 $135,000 $135,000 $1,640 2.75%

    Oneaz Credit Union lent most frequently to those with DTI ratios of 20-30%, with 702 originations. The next most common DTI ratio? 30-36%, with 519 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,834 $326,010,000 $177,759 $2,757 3.04%
    Not provided 465 $121,545,000 $261,387 $2,966 3.00%
    Asian 54 $17,920,000 $331,852 $3,622 2.79%
    Not applicable 12 $14,940,000 $1,245,000 $0 3.83%
    Black 35 $5,355,000 $153,000 $2,662 3.15%
    American Indian 26 $2,880,000 $110,769 $2,305 3.03%
    Native Hawaiian or Islander 9 $1,535,000 $170,556 $2,611 3.18%
    Asian Indian 1 $705,000 $705,000 $2,590 3.38%
    Other Pacific Islander 3 $345,000 $115,000 $1,134 4.13%
    Other Asian 3 $225,000 $75,000 $2,185 2.99%
    Vietnamese 1 $85,000 $85,000 $0 2.70%

    Approval Rates

    Total approvals of all applications
    79.27%

    Oneaz Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    61.07%

    Oneaz 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 2,443 $491,545,000 $201,205

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,443 $491,545,000 $201,205

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 513 $71,005,000 $138,411 $2,214 2.91%
    40-60% 486 $112,960,000 $232,428 $2,447 2.89%
    60-80% 562 $193,590,000 $344,466 $3,286 3.05%
    80-100% 199 $69,725,000 $350,377 $4,292 2.86%
    Under 20% 683 $44,265,000 $64,810 $773 3.26%