Kemba Credit Union Mortgage Rates, Fees & Info

West Chester, OH

LEI: 549300GN85R5S1V3SJ96

Tax ID: 31-6034125

5 stars - Updated: 6/22/25 - out of 5 stars, based on 23 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

    Kemba Credit Union is a smaller credit union specializing in Home Purchase loans. Kemba Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Cincinnati, Knoxville, Orlando, Brunswick, and Crestview among others. We have data for 23 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kemba 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. Kemba 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
    Home Equity Line of Credit (HELOC) 6.72% 6/22/25
    30 Year Conventional Purchase 6.76% 6/22/25
    30 Year Conventional Refi 6.50% 6/22/25
    30 Year Cash-out Refi 6.61% 6/22/25
    15 Year Conventional Purchase 6.04% 6/22/25
    15 Year Conventional Refi 5.26% 6/22/25
    15 Year Cash-out Refi 5.26% 6/22/25
    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.

    Kemba Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Kemba 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

    544

    Origination Dollar Volume (All Markets)

    $97,470,000

    Awards

    KEMBA CREDIT UNION 30 Year Conventional Loans silver
    Show all (1) awards

    Relative Rate

    Kemba Credit Union's average 30 year fixed mortgage rate was 6.73%.

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

    This yields a difference of 0.18%.

    Relative Fees (Closing Costs)

    Kemba Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $4,067.

    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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 493 $71,885,000 $145,811 $2,086 7.94%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $5,835,000 $1,945,000 $6,662 6.75%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $3,365,000 $3,365,000 $15,359 6.75%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $3,345,000 $3,345,000 $11,042 6.75%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $2,700,000 $1,350,000 $6,574 6.63%
    Key West, FL (FHA|USDA|VA) 1 $2,405,000 $2,405,000 $11,511 6.75%
    Outside of Metro Areas 10 $2,280,000 $228,000 $2,452 7.40%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $2,135,000 $711,667 $6,923 6.88%
    COLUMBUS, OH (FHA|USDA|VA) 4 $960,000 $240,000 $3,688 7.88%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 4 $770,000 $192,500 $3,041 7.81%
    Richmond, IN (FHA|USDA|VA) 4 $340,000 $85,000 $1,830 8.03%
    Wilmington, OH (FHA|USDA|VA) 3 $255,000 $85,000 $647 8.08%
    Maysville, KY (FHA|USDA|VA) 1 $225,000 $225,000 $1,986 6.88%
    Arcadia, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,229 5.25%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $130,000 $65,000 $565 8.50%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $125,000 $125,000 $0 8.50%
    SPRINGFIELD, OH (FHA|USDA|VA) 3 $115,000 $38,333 $603 8.17%
    Wapakoneta, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.50%
    Washington Court House, OH (FHA|USDA|VA) 1 $105,000 $105,000 $2,291 6.00%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $85,000 $85,000 $3,848 6.50%
    Bluffton, IN (FHA|USDA|VA) 2 $80,000 $40,000 $528 7.75%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.50%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.50%
    Kemba Credit Union's top markets include Cincinnati, Knoxville, Orlando, Brunswick, and Crestview among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Similar Lenders

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

    Greenville Federal
    Similarity Rank: 63
    The North Side Bank & Trust Company
    Similarity Rank: 136
    Fidelity Federal Savings and Loan Association
    Similarity Rank: 216
    Pathways Financial Credit Union, Inc.
    Similarity Rank: 255
    Peoples Exchange Bank
    Similarity Rank: 377
    Minster Bank
    Similarity Rank: 416
    TrueCore Federal Credit Union
    Similarity Rank: 497
    Somerville Bank
    Similarity Rank: 560
    The Friendship State Bank
    Similarity Rank: 576
    UNIVERSAL 1 CREDIT UNION
    Similarity Rank: 651

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 316 $35,430,000 $112,120 n/a 8.40%
    Conventional 228 $62,040,000 $272,105 $2,391 7.21%

    For 2024, Kemba Credit Union's most frequently originated type of loan was HELOC, with 316 originations. Their 2nd most popular type was Conventional, with 228 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 205 $19,225,000 $93,780 $610 8.30%
    Other 193 $18,585,000 $96,295 $613 8.34%
    Home Purchase 108 $38,340,000 $355,000 $3,815 6.90%
    Cash Out Refi 21 $12,585,000 $599,286 $3,248 6.42%
    Refi 17 $8,735,000 $513,824 $3,943 6.35%

    For 2024, Kemba Credit Union's most frequently cited loan purpose was Home Improvement, with 205 originations. The 2nd most popular reason was Other, with 193 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 409 $46,125,000 $112,775 $1,283 8.20%
    30 Year 98 $49,440,000 $504,490 $4,067 6.73%
    10 Year 21 $1,315,000 $62,619 $607 7.89%
    5 Year 14 $430,000 $30,714 $616 7.39%
    Other 2 $160,000 $80,000 $647 8.38%

    For 2024, Kemba Credit Union's most frequently cited loan duration was 15 Year, with 409 originations. The 2nd most popular length was 30 Year, with 98 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 68 $39,070,000 $574,559
    $1k-2k 59 $17,245,000 $292,288
    $5k+ 1 $185,000 $185,000

    Kemba Credit Union's average total fees were $4,067, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 68 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 330 $33,830,000 $102,515
    7-8% 107 $13,175,000 $123,131
    6-7% 87 $43,945,000 $505,115
    5-6% 17 $3,765,000 $221,471
    2.5-3% 2 $2,570,000 $1,285,000
    4-5% 1 $185,000 $185,000

    During 2024, Kemba Credit Union's average interest rate for loans was 6.73%, while their most frequently originated rate bucket for loans was Over 8%, with 330 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 272 $14,810,000 $54,449 $839 8.22%
    $100k-200k 149 $20,155,000 $135,268 $2,548 7.89%
    $200k-400k 80 $21,960,000 $274,500 $3,161 7.46%
    $400k-600k 22 $10,360,000 $470,909 $3,790 7.05%
    $1MM+ 11 $22,855,000 $2,077,727 $8,110 6.00%
    $600k-1MM 10 $7,330,000 $733,000 $4,518 6.91%

    2024 saw Kemba Credit Union place emphasis on $100,000 or less loans with 272 originations, totaling $14,810,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 152 $20,330,000 $133,750 $2,038 7.87%
    $150k-250k 112 $19,650,000 $175,446 $2,326 7.99%
    $50k-75k 81 $6,095,000 $75,247 $1,735 7.99%
    $75k-100k 77 $7,635,000 $99,156 $1,507 8.01%
    $250k+ 61 $39,305,000 $644,344 $5,106 7.40%
    $50k or less 45 $2,985,000 $66,333 $1,610 7.92%

    Kemba Credit Union lent most frequently to those with incomes in the $100k-150k range, with 152 originations. The second most popular income band? $150k-250k, with 112 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 162 $22,810,000 $140,802 $2,196 7.86%
    30-36% 114 $15,940,000 $139,825 $2,239 7.98%
    <20% 109 $21,985,000 $201,697 $2,489 8.00%
    37% 21 $2,165,000 $103,095 $1,884 7.92%
    36% 21 $2,425,000 $115,476 $1,654 8.09%
    42% 20 $4,470,000 $223,500 $2,858 7.70%
    38% 18 $3,250,000 $180,556 $2,574 7.72%
    44% 18 $5,170,000 $287,222 $2,096 8.06%
    39% 13 $1,955,000 $150,385 $3,052 7.29%
    41% 11 $3,405,000 $309,545 $3,035 7.51%
    40% 10 $1,600,000 $160,000 $3,357 7.91%
    43% 7 $4,725,000 $675,000 $4,457 7.75%
    50-60% 4 $2,460,000 $615,000 $3,116 7.81%
    >60% 4 $3,610,000 $902,500 $15,359 8.06%
    45% 2 $140,000 $70,000 $571 7.31%
    49% 1 $485,000 $485,000 $2,107 6.38%

    Kemba Credit Union lent most frequently to those with DTI ratios of 20-30%, with 162 originations. The next most common DTI ratio? 30-36%, with 114 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 428 $82,300,000 $192,290 $2,472 7.88%
    Not provided 67 $9,855,000 $147,090 $2,604 7.82%
    Black 36 $3,810,000 $105,833 $1,004 8.22%
    Not applicable 8 $810,000 $101,250 $0 8.34%
    Asian 2 $450,000 $225,000 $4,448 7.56%
    Asian Indian 2 $160,000 $80,000 $647 8.38%
    Other Pacific Islander 1 $85,000 $85,000 $0 8.50%

    Approval Rates

    Total approvals of all applications
    73.62%

    Kemba Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    72.79%

    Kemba Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 544 $97,470,000 $179,173

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    544 $97,470,000 $179,173

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 187 $21,055,000 $112,594 $1,259 8.21%
    40-60% 61 $12,565,000 $205,984 $2,891 7.80%
    60-80% 84 $32,830,000 $390,833 $3,688 7.21%
    80-100% 47 $23,105,000 $491,596 $4,003 6.77%
    Under 20% 165 $7,915,000 $47,970 $612 8.26%