Travis Credit Union Mortgage Rates, Fees & Info
Vacaville, CALEI: 549300GAX7IKJUKCJE72
Tax ID: 94-1242831
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Mortgage Data
Review & Overview
Travis Credit Union is a small credit union specializing in Refi and Cash Out Refi loans. Travis Credit Union 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.) Their top markets by origination volume include: San Francisco, Vallejo, Sacramento, San Jose, and Merced among others. We have data for 40 markets. (Some data included below & more in-depth data is available with an active subscription.)Travis 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. Travis 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.70% | 4/21/24 |
| 30 Year Conventional Purchase | 6.57% | 4/21/24 |
| 30 Year Conventional Refi | 6.03% | 4/21/24 |
| 30 Year Cash-out Refi | 6.32% | 4/21/24 |
| 30 Year FHA Purchase | 7.03% | 4/21/24 |
| 30 Year VA Purchase | 6.43% | 4/21/24 |
| 30 Year VA Refi | 5.17% | 4/21/24 |
| 15 Year Conventional Purchase | 6.29% | 4/21/24 |
| 15 Year Conventional Refi | 5.97% | 4/21/24 |
| 15 Year Cash-out Refi | 5.97% | 4/21/24 |
| 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. | ||
Travis Credit Union Mortgage Calculator
Your Estimates
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This is not an official calculator from Travis 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
2,714Origination Dollar Volume (All Markets)
$1,110,670,000Awards
TRAVIS CREDIT UNION - 2020
TRAVIS CREDIT UNION is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 784 | $437,870,000 | $558,508 | $2,863 | 3.01% |
| VALLEJO, CA (FHA|USDA|VA) | 1,109 | $362,415,000 | $326,794 | $2,400 | 3.27% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 357 | $122,005,000 | $341,751 | $2,573 | 3.26% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 83 | $74,335,000 | $895,602 | $3,320 | 2.48% |
| MERCED, CA (FHA|USDA|VA) | 140 | $27,720,000 | $198,000 | $2,095 | 3.29% |
| STOCKTON, CA (FHA|USDA|VA) | 54 | $24,290,000 | $449,815 | $3,579 | 2.97% |
| NAPA, CA (FHA|USDA|VA) | 50 | $18,310,000 | $366,200 | $2,681 | 3.24% |
| MODESTO, CA (FHA|USDA|VA) | 27 | $6,265,000 | $232,037 | $2,632 | 3.24% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 11 | $6,195,000 | $563,182 | $3,122 | 3.10% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 8 | $5,410,000 | $676,250 | $3,628 | 3.03% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 5 | $3,105,000 | $621,000 | $3,803 | 2.98% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 9 | $3,045,000 | $338,333 | $2,365 | 3.61% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 7 | $2,655,000 | $379,286 | $2,583 | 3.23% |
| Outside of Metro Areas | 11 | $2,615,000 | $237,727 | $2,588 | 3.74% |
| YUBA CITY, CA (FHA|USDA|VA) | 7 | $2,115,000 | $302,143 | $2,404 | 3.91% |
| FRESNO, CA (FHA|USDA|VA) | 8 | $1,390,000 | $173,750 | $2,822 | 3.58% |
| MADERA, CA (FHA|USDA|VA) | 7 | $1,165,000 | $166,429 | $2,284 | 3.86% |
| CHICO, CA (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $2,552 | 3.09% |
| Ukiah, CA (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $3,047 | 3.13% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $2,443 | 3.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $4,640 | 3.54% |
| REDDING, CA (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $2,748 | 3.56% |
| Sonora, CA (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $2,642 | 3.21% |
| Clearlake, CA (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $2,045 | 3.50% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $2,730 | 2.50% |
| Red Bluff, CA (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $1,396 | 3.39% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $4,222 | 4.00% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $4,381 | 3.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $6,224 | 3.63% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,366 | 2.88% |
| SALEM, OR (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,954 | 3.25% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,495 | 3.13% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,671 | 3.63% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,389 | 3.50% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 3.13% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,015 | 3.38% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,826 | 3.38% |
| Tupelo, MS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,644 | 3.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,821 | 3.88% |
| OCALA, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,525 | 3.88% |
Similar Lenders
We use machine learning to identify the top lenders compared against TRAVIS CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2020, Travis Credit Union's most frequently originated type of loan was Conventional, with 2,645 originations. Their 2nd most popular type was FHA, with 45 originations.
Loan Reason
For 2020, Travis Credit Union's most frequently cited loan purpose was Refi, with 1,110 originations. The 2nd most popular reason was Cash Out Refi, with 747 originations.
Loan Duration/Length
For 2020, Travis Credit Union's most frequently cited loan duration was 30 Year, with 2,229 originations. The 2nd most popular length was 15 Year, with 210 originations.
Origination Fees/Closing Costs
Travis Credit Union's average total fees were $2,801, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,199 originations.
Interest Rates
During 2020, Travis Credit Union's average interest rate for loans was 3.11%, while their most frequently originated rate bucket for loans was 3-4%, with 1,258 originations.
Loan Sizing
2020 saw Travis Credit Union place emphasis on $200k-400k loans with 1,212 originations, totaling $363,490,000 in origination value.
Applicant Income
Travis Credit Union lent most frequently to those with incomes in the $100k-150k range, with 711 originations. The second most popular income band? $150k-250k, with 698 originations.
Applicant Debt to Income Ratio
Travis Credit Union lent most frequently to those with DTI ratios of 20-30%, with 818 originations. The next most common DTI ratio? 30-36%, with 597 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.56%
Travis Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination53.94%
Travis 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 | 2,714 | $1,110,670,000 | $409,237 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 5 | $1,265,000 | $253,000 |
| Single Family (1-4 Units):Site-Built | 2,709 | $1,109,405,000 | $409,526 |