Kemba Credit Union Mortgage Rates, Fees & Info

West Chester, OH

LEI: 549300GN85R5S1V3SJ96

Tax ID: 31-6034125

Latest/2023 | 2022 Data | 2021 Data | 2020 Data |

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Mortgage Data

Review & Overview

Kemba Credit Union is a smaller credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. Kemba Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Cincinnati, Breckenridge, Columbus, Crestview, and Lexington among others. We have data for 31 markets. (Some data included below & more in-depth data is available with an active subscription.)

Kemba Credit Union has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

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) 6.27% 3/28/24
30 Year Conventional Purchase 6.26% 3/28/24
30 Year Conventional Refi 6.16% 3/28/24
30 Year Cash-out Refi 6.36% 3/28/24
15 Year Conventional Purchase 5.69% 3/28/24
15 Year Conventional Refi 7.14% 3/28/24
15 Year Cash-out Refi 7.14% 3/28/24
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.

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

739

Origination Dollar Volume (All Markets)

$222,405,000

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) 676 $197,560,000 $292,249 $0 0.00%
Breckenridge, CO (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $0 0.00%
Outside of Metro Areas 14 $2,840,000 $202,857 $0 0.00%
COLUMBUS, OH (FHA|USDA|VA) 3 $1,995,000 $665,000 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $1,880,000 $940,000 $0 0.00%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $1,815,000 $605,000 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,470,000 $367,500 $0 0.00%
KNOXVILLE, TN (FHA|USDA|VA) 1 $1,405,000 $1,405,000 $0 0.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 6 $1,220,000 $203,333 $0 0.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $1,195,000 $1,195,000 $0 0.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,150,000 $575,000 $0 0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $915,000 $915,000 $0 0.00%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $885,000 $885,000 $0 0.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $855,000 $855,000 $0 0.00%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $655,000 $655,000 $0 0.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $645,000 $215,000 $0 0.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $585,000 $195,000 $0 0.00%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $475,000 $475,000 $0 0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
Bluffton, IN (FHA|USDA|VA) 3 $315,000 $105,000 $0 0.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
Celina, OH (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
Washington Court House, OH (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
Sandusky, OH (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
Connersville, IN (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
Bedford, IN (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
COLUMBUS, IN (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
Richmond, IN (FHA|USDA|VA) 1 $15,000 $15,000 $0 0.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $15,000 $15,000 $0 0.00%
Kemba Credit Union's top markets include Cincinnati, Breckenridge, Columbus, Crestview, and Lexington among others.

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

    CINFED Federal Credit Union
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 739 $222,405,000 $300,954 $0 0.00%

    For 2021, Kemba Credit Union's most frequently originated type of loan was Conventional, with 739 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 258 $82,430,000 $319,496 $0 0.00%
    Refi 253 $67,615,000 $267,253 $0 0.00%
    Home Purchase 165 $67,375,000 $408,333 $0 0.00%
    Home Improvement 39 $1,945,000 $49,872 $0 0.00%
    Other 24 $3,040,000 $126,667 $0 0.00%

    For 2021, Kemba Credit Union's most frequently cited loan purpose was Cash Out Refi, with 258 originations. The 2nd most popular reason was Refi, with 253 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 739 $222,405,000 $300,954 $0 0.00%

    For 2021, Kemba Credit Union's most frequently cited loan duration was Other, with 739 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 257 $38,175,000 $148,541 $0 0.00%
    $200k-400k 217 $58,635,000 $270,207 $0 0.00%
    $100,000 or less 120 $7,030,000 $58,583 $0 0.00%
    $600k-1MM 68 $52,990,000 $779,265 $0 0.00%
    $400k-600k 46 $22,340,000 $485,652 $0 0.00%
    $1MM+ 31 $43,235,000 $1,394,677 $0 0.00%

    2021 saw Kemba Credit Union place emphasis on $100k-200k loans with 257 originations, totaling $38,175,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 173 $34,625,000 $200,145 $0 0.00%
    $50k-75k 126 $17,790,000 $141,190 $0 0.00%
    $150k-250k 107 $40,025,000 $374,065 $0 0.00%
    $75k-100k 91 $16,725,000 $183,791 $0 0.00%
    $250k+ 89 $78,995,000 $887,584 $0 0.00%
    $50k or less 67 $7,095,000 $105,896 $0 0.00%

    Kemba Credit Union lent most frequently to those with incomes in the $100k-150k range, with 173 originations. The second most popular income band? $50k-75k, with 126 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 739 $222,405,000 $300,954 $0 0.00%

    Kemba Credit Union lent most frequently to those with DTI ratios of Exempt%, with 739 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 643 $196,475,000 $305,560 $0 0.00%
    Not provided 45 $13,795,000 $306,556 $0 0.00%
    Black 35 $7,195,000 $205,571 $0 0.00%
    Asian 12 $4,010,000 $334,167 $0 0.00%
    American Indian 3 $735,000 $245,000 $0 0.00%
    Asian Indian 1 $195,000 $195,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.43%

    Kemba Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.47%

    Kemba Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 739 $222,405,000 $300,954

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    739 $222,405,000 $300,954