University Credit Union Mortgage Rates, Fees & Info
Los Angeles, CALEI: 549300G5ZQEXZC4Y5G44
Tax ID: 95-1715669
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Mortgage Data
Review & Overview
University Credit Union is a smaller credit union specializing in loans. University Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, San Francisco, Seattle, Riverside, and Phoenix among others. We have data for 116 markets. (Some data included below & more in-depth data is available with an active subscription.)University 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. University Credit Union 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 relatively high 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.59% | 3/27/23 |
| 30 Year Conventional Purchase | 6.42% | 3/27/23 |
| 30 Year Conventional Refi | 6.33% | 3/27/23 |
| 30 Year Cash-out Refi | 6.39% | 3/27/23 |
| 15 Year Conventional Purchase | 5.85% | 3/27/23 |
| 15 Year Conventional Refi | 5.70% | 3/27/23 |
| 15 Year Cash-out Refi | 5.70% | 3/27/23 |
| 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
1,323Origination Dollar Volume (All Markets)
$377,195,000Relative Rate
University Credit Union's average 30 year fixed mortgage rate was
5.29%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.53%.
Relative Fees (Closing Costs)
University Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,264.
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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 414 | $170,390,000 | $411,570 | $6,759 | 4.85% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 94 | $23,870,000 | $253,936 | $4,978 | 5.31% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 95 | $21,895,000 | $230,474 | $0 | 5.48% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 57 | $17,785,000 | $312,018 | $5,855 | 5.41% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 68 | $12,270,000 | $180,441 | $6,133 | 5.47% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 29 | $11,365,000 | $391,897 | $7,716 | 5.15% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 47 | $9,775,000 | $207,979 | $4,063 | 5.55% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 40 | $9,270,000 | $231,750 | $4,816 | 4.91% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 32 | $7,990,000 | $249,688 | $5,608 | 6.04% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 37 | $6,905,000 | $186,622 | $0 | 5.53% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 37 | $6,885,000 | $186,081 | $0 | 5.70% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 28 | $6,240,000 | $222,857 | $3,747 | 5.54% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 21 | $4,845,000 | $230,714 | $5,262 | 5.15% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 23 | $3,985,000 | $173,261 | $13,015 | 5.80% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 11 | $3,925,000 | $356,818 | $3,196 | 3.93% |
| BOISE CITY, ID (FHA|USDA|VA) | 20 | $3,340,000 | $167,000 | $5,268 | 6.18% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 6 | $3,060,000 | $510,000 | $5,738 | 4.83% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 4 | $2,820,000 | $705,000 | $7,726 | 4.28% |
| STOCKTON, CA (FHA|USDA|VA) | 14 | $2,280,000 | $162,857 | $16,243 | 5.53% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 11 | $1,975,000 | $179,545 | $0 | 5.09% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 6 | $1,880,000 | $313,333 | $4,717 | 4.85% |
| BEND, OR (FHA|USDA|VA) | 7 | $1,865,000 | $266,429 | $0 | 4.10% |
| Outside of Metro Areas | 10 | $1,850,000 | $185,000 | $2,806 | 4.49% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 6 | $1,830,000 | $305,000 | $0 | 5.08% |
| FRESNO, CA (FHA|USDA|VA) | 5 | $1,685,000 | $337,000 | $4,451 | 5.85% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $1,430,000 | $715,000 | $3,793 | 3.88% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 5 | $1,335,000 | $267,000 | $5,017 | 4.30% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 7 | $1,315,000 | $187,857 | $0 | 5.89% |
| PROVO-OREM, UT (FHA|USDA|VA) | 8 | $1,250,000 | $156,250 | $0 | 5.43% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 8 | $1,240,000 | $155,000 | $2,713 | 6.29% |
| VISALIA, CA (FHA|USDA|VA) | 3 | $1,235,000 | $411,667 | $8,341 | 4.21% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 5 | $1,215,000 | $243,000 | $5,638 | 4.72% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 6 | $1,110,000 | $185,000 | $9,698 | 5.64% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $6,970 | 3.00% |
| REDDING, CA (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $4,780 | 5.43% |
| TUCSON, AZ (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $0 | 6.39% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $965,000 | $965,000 | $6,082 | 2.68% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $0 | 4.75% |
| Heber, UT (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $0 | 4.33% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $0 | 7.93% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 6 | $790,000 | $131,667 | $0 | 5.79% |
| SALEM, OR (FHA|USDA|VA) | 4 | $780,000 | $195,000 | $5,298 | 5.06% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 6 | $690,000 | $115,000 | $0 | 5.33% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $0 | 4.87% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $0 | 4.31% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $4,743 | 4.81% |
| RENO, NV (FHA|USDA|VA) | 5 | $615,000 | $123,000 | $0 | 6.24% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 5 | $605,000 | $121,000 | $0 | 6.34% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $0 | 3.99% |
| BELLINGHAM, WA (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $0 | 6.31% |
| NAPA, CA (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $3,356 | 5.79% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $6,010 | 5.88% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $0 | 5.50% |
| VALLEJO, CA (FHA|USDA|VA) | 6 | $490,000 | $81,667 | $0 | 6.83% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,785 | 3.00% |
| Outside of Metro Areas | 4 | $420,000 | $105,000 | $0 | 6.31% |
| MODESTO, CA (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $0 | 6.16% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $0 | 5.37% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $0 | 8.30% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,781 | 5.87% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $2,663 | 4.75% |
| Brevard, NC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $14,591 | 6.50% |
| Hood River, OR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,227 | 2.74% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 5.13% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,908 | 5.69% |
| Durango, CO (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 3.50% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 7.74% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,128 | 3.00% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 3.74% |
| Payson, AZ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 7.74% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,809 | 5.13% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 3.50% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,352 | 2.88% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.50% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,014 | 3.63% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 5.75% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 6.12% |
| CHICO, CA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 7.99% |
| WENATCHEE, WA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 5.12% |
| OCALA, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,826 | 2.88% |
| Winnemucca, NV (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.74% |
| Lewisburg, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.00% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.50% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.50% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.99% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 8.99% |
| POCATELLO, ID (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 6.49% |
| Adrian, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 7.24% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 6.99% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.75% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.75% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.49% |
| Hilo, HI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.99% |
| Fernley, NV (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 8.74% |
| Port Angeles, WA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 6.12% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 4.49% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.75% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,481 | 3.00% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.75% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 7.87% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 5.75% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.49% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,244 | 4.13% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.24% |
| New Castle, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.50% |
| Astoria, OR (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.25% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.75% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 7.49% |
| Altus, OK (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,919 | 3.63% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.99% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,486 | 5.13% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.99% |
| FLINT, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.25% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.25% |
| Shelton, WA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 5.50% |
| Rexburg, ID (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.74% |
Similar Lenders
We use machine learning to identify the top lenders compared against UNIVERSITY CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 316
Similarity Rank: 644
Similarity Rank: 660
Similarity Rank: 1025
Similarity Rank: 1062
Similarity Rank: 1120
Similarity Rank: 1300
Similarity Rank: 1380
Similarity Rank: 1484
Similarity Rank: 1584
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 1,042 | $185,340,000 | $177,869 | n/a | 5.63% |
| Conventional | 281 | $191,855,000 | $682,758 | $6,138 | 3.83% |
For 2022, University Credit Union's most frequently originated type of loan was HELOC, with 1,042 originations. Their 2nd most popular type was Conventional, with 281 originations.
Loan Reason
For 2022, University Credit Union's most frequently cited loan purpose was Home Purchase, with 518 originations. The 2nd most popular reason was Other, with 354 originations.
Loan Duration/Length
For 2022, University Credit Union's most frequently cited loan duration was 30 Year, with 1,025 originations. The 2nd most popular length was Other, with 261 originations.
Origination Fees/Closing Costs
University Credit Union's average total fees were $6,264, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 144 originations.
Interest Rates
During 2022, University Credit Union's average interest rate for loans was 5.29%, while their most frequently originated rate bucket for loans was 4-5%, with 368 originations.
Loan Sizing
2022 saw University Credit Union place emphasis on $100k-200k loans with 439 originations, totaling $60,715,000 in origination value.
Applicant Income
University Credit Union lent most frequently to those with incomes in the $250k+ range, with 502 originations. The second most popular income band? $150k-250k, with 474 originations.
Applicant Debt to Income Ratio
University Credit Union lent most frequently to those with DTI ratios of 20-30%, with 212 originations. The next most common DTI ratio? 30-36%, with 208 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.44%
University Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination67.35%
University 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 |
|---|---|---|---|
| 2850.7 | 1 | $55,000 | $55,000 |
| 3441.7 | 1 | $55,000 | $55,000 |
| 3594.7 | 1 | $75,000 | $75,000 |
| 4100.7 | 1 | $105,000 | $105,000 |
| 4115.95 | 1 | $105,000 | $105,000 |
| 4949.45 | 1 | $135,000 | $135,000 |
| 5060.08 | 1 | $135,000 | $135,000 |
| 5096.7 | 1 | $145,000 | $145,000 |
| 7599.45 | 1 | $225,000 | $225,000 |
| NA | 1,314 | $376,160,000 | $286,271 |