Achieva Credit Union Mortgage Rates, Fees & Info

Dunedin, FL

LEI: 549300GFM3T3SN2KS138

Tax ID: 59-0729366

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
  • Complaints
  • 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

    Achieva Credit Union is a smaller credit union specializing in Home Improvement and Refi loans. Achieva Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Tampa, North Port, Punta Gorda, Cape Coral, and Naples among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Achieva 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. Achieva 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
    30 Year Conventional Purchase 6.66% 11/21/24
    30 Year Conventional Refi 6.68% 11/21/24
    30 Year Cash-out Refi 6.76% 11/21/24
    30 Year FHA Purchase 6.27% 11/21/24
    30 Year VA Refi 6.27% 11/21/24
    15 Year Conventional Purchase 5.90% 11/21/24
    15 Year Conventional Refi 5.85% 11/21/24
    15 Year Cash-out Refi 5.85% 11/21/24
    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.

    Achieva Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Achieva 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

    1,863

    Origination Dollar Volume (All Markets)

    $251,825,000

    Awards

    ACHIEVA CREDIT UNION 30 Year Conventional Loans silver ACHIEVA CREDIT UNION 30 Year Conventional Loans silver
    Show all (2) 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
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 995 $127,645,000 $128,286 $3,576 3.24%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 548 $74,120,000 $135,255 $3,611 3.19%
    PUNTA GORDA, FL (FHA|USDA|VA) 143 $26,495,000 $185,280 $5,426 3.27%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 133 $16,425,000 $123,496 $4,077 3.34%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 12 $1,960,000 $163,333 $4,040 3.43%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 5 $1,245,000 $249,000 $5,234 3.00%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $615,000 $205,000 $4,649 3.42%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $550,000 $275,000 $0 3.50%
    Key West, FL (FHA|USDA|VA) 1 $545,000 $545,000 $6,485 2.88%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $365,000 $365,000 $4,805 3.50%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $315,000 $63,000 $0 3.35%
    OCALA, FL (FHA|USDA|VA) 3 $285,000 $95,000 $3,236 3.12%
    Clewiston, FL (FHA|USDA|VA) 1 $225,000 $225,000 $5,579 2.88%
    TALLAHASSEE, FL (FHA|USDA|VA) 3 $215,000 $71,667 $3,148 2.83%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $175,000 $175,000 $4,283 3.13%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $170,000 $85,000 $0 2.99%
    Wauchula, FL (FHA|USDA|VA) 1 $155,000 $155,000 $2,988 2.75%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,231 2.88%
    Arcadia, FL (FHA|USDA|VA) 1 $105,000 $105,000 $3,218 3.38%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $80,000 $40,000 $0 3.12%
    Achieva Credit Union's top markets include Tampa, North Port, Punta Gorda, Cape Coral, and Naples among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • New York (FHA|USDA|VA)

    • Similar Lenders

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

    NEAL COMMUNITIES FUNDING, LLC
    Similarity Rank: 1744
    SAN ANTONIO CITIZENS
    Similarity Rank: 1792
    RAILROAD & INDUSTRIAL
    Similarity Rank: 1974
    Sanibel Captiva Community Bank
    Similarity Rank: 2448
    BRIDGEVIEW MORTGAGE CORP.
    Similarity Rank: 2635
    Brannen Bank
    Similarity Rank: 2802
    LOANFLIGHT LENDING, LLC
    Similarity Rank: 3380
    Allied First Bank,sb
    Similarity Rank: 3476
    THE MORTGAGE WAREHOUSE,LLC
    Similarity Rank: 3658
    Beach Community Mortgage Services, Inc.
    Similarity Rank: 4085

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,227 $91,775,000 $74,796 n/a 3.33%
    Conventional 634 $159,490,000 $251,562 $3,804 3.06%
    VA 2 $560,000 $280,000 $4,072 2.63%

    For 2021, Achieva Credit Union's most frequently originated type of loan was HELOC, with 1,227 originations. Their 2nd most popular type was Conventional, with 634 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 896 $76,290,000 $85,145 $3,273 3.27%
    Other 431 $35,015,000 $81,241 $0 3.41%
    Refi 238 $58,090,000 $244,076 $3,860 2.87%
    Cash Out Refi 153 $32,175,000 $210,294 $3,308 3.11%
    Home Purchase 145 $50,255,000 $346,586 $4,614 3.18%

    For 2021, Achieva Credit Union's most frequently cited loan purpose was Home Improvement, with 896 originations. The 2nd most popular reason was Other, with 431 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 1,252 $95,750,000 $76,478 $2,884 3.31%
    30 Year 420 $115,680,000 $275,429 $4,033 3.20%
    15 Year 152 $32,820,000 $215,921 $3,404 2.70%
    20 Year 32 $7,050,000 $220,313 $3,770 3.16%
    5 Year 4 $200,000 $50,000 $659 3.81%
    Other 2 $250,000 $125,000 $3,205 3.12%
    3 Year 1 $75,000 $75,000 $0 3.75%

    For 2021, Achieva Credit Union's most frequently cited loan duration was 10 Year, with 1,252 originations. The 2nd most popular length was 30 Year, with 420 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 566 $126,330,000 $223,198
    $2k-3k 33 $15,335,000 $464,697
    $<1k 25 $3,235,000 $129,400
    $5k+ 5 $1,965,000 $393,000
    $4k-5k 3 $2,355,000 $785,000
    $3k-4k 2 $370,000 $185,000

    Achieva Credit Union's average total fees were $4,033, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 566 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,063 $119,025,000 $111,971
    3-4% 630 $97,550,000 $154,841
    <2.5% 91 $19,285,000 $211,923
    4-5% 41 $14,105,000 $344,024
    7-8% 24 $1,240,000 $51,667
    5-6% 14 $620,000 $44,286

    During 2021, Achieva Credit Union's average interest rate for loans was 3.20%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,063 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,147 $69,045,000 $60,196 $2,530 3.33%
    $100k-200k 342 $48,970,000 $143,187 $3,138 3.05%
    $200k-400k 295 $80,005,000 $271,203 $4,051 3.12%
    $400k-600k 59 $28,105,000 $476,356 $5,886 3.07%
    $600k-1MM 15 $10,825,000 $721,667 $8,118 3.05%
    $1MM+ 5 $14,875,000 $2,975,000 $10,679 3.32%

    2021 saw Achieva Credit Union place emphasis on $100,000 or less loans with 1,147 originations, totaling $69,045,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 480 $48,040,000 $100,083 $3,322 3.26%
    $100k-150k 435 $60,735,000 $139,621 $3,903 3.22%
    $75k-100k 368 $44,630,000 $121,277 $3,735 3.26%
    $50k or less 270 $20,470,000 $75,815 $3,023 3.21%
    $150k-250k 215 $40,775,000 $189,651 $4,984 3.20%
    $250k+ 84 $25,810,000 $307,262 $5,662 3.20%

    Achieva Credit Union lent most frequently to those with incomes in the $50k-75k range, with 480 originations. The second most popular income band? $100k-150k, with 435 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 497 $61,295,000 $123,330 $3,721 3.23%
    30-36% 344 $48,750,000 $141,715 $3,922 3.20%
    <20% 215 $23,745,000 $110,442 $3,404 3.11%
    50-60% 97 $7,885,000 $81,289 $6,621 3.43%
    39% 77 $9,635,000 $125,130 $3,774 3.23%
    38% 74 $11,720,000 $158,378 $4,086 3.35%
    42% 66 $10,200,000 $154,545 $3,767 3.22%
    40% 66 $10,490,000 $158,939 $3,975 3.36%
    36% 60 $9,810,000 $163,500 $3,942 3.24%
    41% 59 $9,555,000 $161,949 $3,888 3.27%
    43% 57 $9,985,000 $175,175 $3,709 3.17%
    37% 54 $9,260,000 $171,481 $4,156 3.12%
    44% 51 $6,775,000 $132,843 $3,550 3.15%
    46% 35 $2,745,000 $78,429 $3,168 3.39%
    49% 30 $2,360,000 $78,667 $4,189 3.36%
    45% 27 $2,905,000 $107,593 $4,298 3.38%
    47% 24 $2,240,000 $93,333 $3,461 3.42%
    48% 15 $1,205,000 $80,333 $2,657 3.14%
    >60% 13 $805,000 $61,923 $0 3.11%

    Achieva Credit Union lent most frequently to those with DTI ratios of 20-30%, with 497 originations. The next most common DTI ratio? 30-36%, with 344 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,562 $196,000,000 $125,480 $3,809 3.23%
    Not provided 197 $31,885,000 $161,853 $3,796 3.15%
    Not applicable 2 $10,460,000 $5,230,000 $0 4.50%
    Black 61 $6,605,000 $108,279 $3,467 3.36%
    Asian 20 $4,500,000 $225,000 $4,289 3.36%
    American Indian 9 $1,005,000 $111,667 $4,995 3.66%
    Vietnamese 1 $355,000 $355,000 $0 3.75%
    Other Pacific Islander 1 $305,000 $305,000 $0 2.99%
    Native Hawaiian or Islander 4 $230,000 $57,500 $0 2.99%
    Filipino 2 $170,000 $85,000 $0 2.99%
    Asian Indian 2 $170,000 $85,000 $684 3.50%
    Chinese 1 $85,000 $85,000 $0 2.99%
    Other Asian 1 $55,000 $55,000 $0 2.99%

    Approval Rates

    Total approvals of all applications
    82.42%

    Achieva Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    84.65%

    Achieva Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1,223 $91,595,000 $74,894
    NA 640 $160,230,000 $250,359

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,863 $251,825,000 $135,172

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 515 $50,935,000 $98,903 $3,007 3.15%
    40-60% 307 $51,235,000 $166,889 $3,469 3.03%
    60-80% 290 $85,910,000 $296,241 $4,229 3.17%
    80-100% 105 $29,435,000 $280,333 $4,639 3.24%
    Under 20% 646 $34,310,000 $53,111 $1,702 3.43%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    ACOPIA CAPITAL GROUP Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    ACOPIA CAPITAL GROUP Conventional home mortgage Trouble during payment process 1 25.0%
    ACOPIA CAPITAL GROUP FHA mortgage Closing on a mortgage 1 25.0%
    ACOPIA CAPITAL GROUP Other type of mortgage Struggling to pay mortgage 1 25.0%