Digital Federal Credit Union Mortgage Rates, Fees & Info

Marlborough, MA

LEI: 549300JPGMCMBEJEK584

Tax ID: 04-2683316

5 stars - Updated: 3/28/24 - out of 5 stars, based on 74 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Digital Federal Credit Union is a small credit union specializing in Home Purchase loans. Digital Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Dallas, Worcester, Atlanta, and New York among others. We have data for 221 markets. (Some data included below & more in-depth data is available with an active subscription.)

Digital Federal 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. Digital Federal 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.

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
Home Equity Line of Credit (HELOC) 6.22% 3/28/24
30 Year Conventional Purchase 5.89% 3/28/24
30 Year Conventional Refi 5.86% 3/28/24
30 Year Cash-out Refi 6.17% 3/28/24
15 Year Conventional Purchase 5.36% 3/28/24
15 Year Conventional Refi 5.40% 3/28/24
15 Year Cash-out Refi 5.40% 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.

Digital Federal Credit Union Mortgage Calculator






Your Estimates

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

This is not an official calculator from Digital Federal 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

5,512

Origination Dollar Volume (All Markets)

$1,577,700,000
Show all (59) awards

Relative Rate

Digital Federal Credit Union's average 30 year fixed mortgage rate was 5.66%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.82%.

Relative Fees (Closing Costs)

Digital Federal Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $5,030.

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 $9,089.

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
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1,226 $309,150,000 $252,162 $1,434 7.16%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 354 $163,010,000 $460,480 $5,330 5.65%
WORCESTER, MA-CT (FHA|USDA|VA) 680 $106,760,000 $157,000 $1,545 7.18%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 240 $70,060,000 $291,917 $2,694 6.81%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 227 $66,865,000 $294,559 $3,250 6.67%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 122 $60,860,000 $498,852 $6,276 5.29%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 387 $55,785,000 $144,147 $1,353 7.22%
RALEIGH-CARY, NC (FHA|USDA|VA) 123 $54,765,000 $445,244 $3,496 5.47%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 87 $40,805,000 $469,023 $1,394 7.04%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 113 $39,885,000 $352,965 $2,475 6.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 113 $39,415,000 $348,805 $3,477 5.97%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 112 $37,220,000 $332,321 $3,956 6.13%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 83 $32,645,000 $393,313 $4,249 6.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 89 $30,635,000 $344,213 $3,491 5.66%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 61 $29,755,000 $487,787 $3,873 6.68%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 80 $24,160,000 $302,000 $4,465 6.24%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 33 $18,885,000 $572,273 $4,122 6.06%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 34 $15,500,000 $455,882 $4,422 6.09%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 52 $15,110,000 $290,577 $4,161 6.67%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 51 $15,015,000 $294,412 $1,867 6.94%
STOCKTON, CA (FHA|USDA|VA) 25 $15,005,000 $600,200 $5,698 5.55%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 46 $13,970,000 $303,696 $3,896 6.15%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 49 $13,525,000 $276,020 $2,066 6.77%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 45 $12,265,000 $272,556 $4,283 6.82%
RICHMOND, VA (FHA|USDA|VA) 36 $11,840,000 $328,889 $3,160 6.43%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 26 $10,730,000 $412,692 $2,950 5.89%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 35 $10,365,000 $296,143 $2,350 6.67%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 24 $10,330,000 $430,417 $3,435 7.00%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 4 $10,160,000 $2,540,000 $2,985 6.56%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 25 $9,455,000 $378,200 $3,766 6.17%
ST. LOUIS, MO-IL (FHA|USDA|VA) 33 $9,385,000 $284,394 $2,135 6.09%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 32 $7,700,000 $240,625 $3,229 6.58%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 30 $7,670,000 $255,667 $2,812 6.30%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 17 $7,495,000 $440,882 $1,948 7.41%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 21 $7,445,000 $354,524 $3,265 6.02%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 11 $7,415,000 $674,091 $1,916 6.90%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 31 $6,915,000 $223,065 $1,389 6.98%
COLUMBUS, OH (FHA|USDA|VA) 28 $6,700,000 $239,286 $2,656 6.15%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 10 $6,660,000 $666,000 $2,292 6.55%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 14 $6,400,000 $457,143 $2,673 6.82%
Concord, NH (FHA|USDA|VA) 44 $6,370,000 $144,773 $2,076 7.24%
JACKSONVILLE, FL (FHA|USDA|VA) 20 $5,960,000 $298,000 $3,963 5.96%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 29 $5,785,000 $199,483 $1,601 7.02%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 15 $5,375,000 $358,333 $4,839 6.51%
Outside of Metro Areas 23 $4,655,000 $202,391 $2,798 6.60%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 12 $4,570,000 $380,833 $3,394 5.41%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 15 $4,445,000 $296,333 $3,039 5.96%
KANSAS CITY, MO-KS (FHA|USDA|VA) 15 $4,405,000 $293,667 $2,180 6.38%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 9 $4,145,000 $460,556 $3,837 5.69%
LOUISVILLE, KY (FHA|USDA|VA) 12 $3,990,000 $332,500 $3,131 6.30%
SPRINGFIELD, MA (FHA|USDA|VA) 20 $3,670,000 $183,500 $2,343 6.68%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 13 $3,515,000 $270,385 $1,952 6.93%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 10 $3,300,000 $330,000 $3,881 5.71%
PITTSBURGH, PA (FHA|USDA|VA) 14 $3,180,000 $227,143 $3,362 6.43%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 12 $3,170,000 $264,167 $2,982 6.53%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 11 $3,055,000 $277,727 $1,695 6.04%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 13 $2,815,000 $216,538 $2,616 6.52%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 9 $2,705,000 $300,556 $3,532 7.04%
COLORADO SPRINGS, CO (FHA|USDA|VA) 13 $2,685,000 $206,538 $1,731 6.59%
Keene, NH (FHA|USDA|VA) 15 $2,365,000 $157,667 $1,598 7.07%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 9 $2,305,000 $256,111 $2,072 7.11%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 8 $2,150,000 $268,750 $3,226 7.03%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 12 $2,070,000 $172,500 $2,953 7.29%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 10 $1,860,000 $186,000 $2,053 6.77%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,845,000 $369,000 $4,026 5.52%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 6 $1,760,000 $293,333 $2,650 6.87%
SALT LAKE CITY, UT (FHA|USDA|VA) 4 $1,730,000 $432,500 $1,624 6.78%
Laconia, NH (FHA|USDA|VA) 12 $1,630,000 $135,833 $1,269 7.12%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 6 $1,600,000 $266,667 $3,454 5.62%
RENO, NV (FHA|USDA|VA) 4 $1,580,000 $395,000 $2,869 6.31%
TULSA, OK (FHA|USDA|VA) 5 $1,575,000 $315,000 $3,440 6.45%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 11 $1,525,000 $138,636 $1,224 7.46%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 8 $1,520,000 $190,000 $2,345 6.29%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $1,515,000 $216,429 $3,050 6.21%
Lebanon, NH-VT (FHA|USDA|VA) 11 $1,495,000 $135,909 $2,169 7.05%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 7 $1,475,000 $210,714 $4,366 6.32%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,310,000 $218,333 $2,596 6.79%
OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $1,250,000 $312,500 $3,362 6.00%
BELLINGHAM, WA (FHA|USDA|VA) 2 $1,240,000 $620,000 $4,052 7.56%
READING, PA (FHA|USDA|VA) 3 $1,145,000 $381,667 $6,909 6.33%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $1,095,000 $219,000 $3,383 6.75%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $1,025,000 $341,667 $4,583 6.17%
GREENVILLE, NC (FHA|USDA|VA) 5 $1,015,000 $203,000 $2,880 5.75%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $975,000 $139,286 $1,650 7.24%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $970,000 $485,000 $5,102 5.44%
TUCSON, AZ (FHA|USDA|VA) 3 $955,000 $318,333 $3,218 6.37%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $915,000 $305,000 $4,197 6.16%
FRESNO, CA (FHA|USDA|VA) 4 $910,000 $227,500 $2,321 7.28%
Berlin, NH (FHA|USDA|VA) 5 $905,000 $181,000 $3,596 7.43%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $890,000 $222,500 $3,071 6.53%
Jefferson, GA (FHA|USDA|VA) 3 $875,000 $291,667 $1,501 7.45%
ROCHESTER, NY (FHA|USDA|VA) 4 $840,000 $210,000 $1,882 5.43%
BLOOMINGTON, IL (FHA|USDA|VA) 3 $825,000 $275,000 $2,220 5.71%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 5 $775,000 $155,000 $869 6.87%
BISMARCK, ND (FHA|USDA|VA) 1 $775,000 $775,000 $4,116 6.38%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 6 $760,000 $126,667 $5,053 7.50%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $750,000 $375,000 $4,168 6.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $735,000 $245,000 $5,358 6.92%
FORT COLLINS, CO (FHA|USDA|VA) 2 $720,000 $360,000 $2,821 6.88%
JACKSON, MS (FHA|USDA|VA) 3 $665,000 $221,667 $1,431 7.04%
BOULDER, CO (FHA|USDA|VA) 3 $665,000 $221,667 $0 8.04%
PANAMA CITY, FL (FHA|USDA|VA) 2 $650,000 $325,000 $5,205 5.94%
Bartlesville, OK (FHA|USDA|VA) 2 $640,000 $320,000 $4,552 6.06%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 4 $630,000 $157,500 $3,850 6.91%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 4 $620,000 $155,000 $2,314 6.59%
PITTSFIELD, MA (FHA|USDA|VA) 2 $620,000 $310,000 $3,619 7.06%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $605,000 $605,000 $3,495 6.88%
Sevierville, TN (FHA|USDA|VA) 1 $575,000 $575,000 $4,463 5.63%
Statesboro, GA (FHA|USDA|VA) 2 $560,000 $280,000 $3,284 5.94%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $555,000 $555,000 $4,996 7.13%
PEORIA, IL (FHA|USDA|VA) 4 $550,000 $137,500 $1,504 6.47%
Aberdeen, WA (FHA|USDA|VA) 1 $535,000 $535,000 $3,834 5.38%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $515,000 $515,000 $4,373 7.38%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $505,000 $505,000 $8,983 6.00%
EL PASO, TX (FHA|USDA|VA) 1 $505,000 $505,000 $4,984 5.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $500,000 $250,000 $4,160 6.31%
MORGANTOWN, WV (FHA|USDA|VA) 1 $475,000 $475,000 $3,975 6.25%
TWIN FALLS, ID (FHA|USDA|VA) 1 $455,000 $455,000 $4,385 6.13%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 2 $450,000 $225,000 $3,473 6.88%
SPRINGFIELD, MO (FHA|USDA|VA) 3 $445,000 $148,333 $1,738 6.37%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $430,000 $215,000 $3,696 7.19%
LUBBOCK, TX (FHA|USDA|VA) 2 $410,000 $205,000 $3,805 6.38%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $395,000 $395,000 $3,808 5.50%
DAYTON-KETTERING, OH (FHA|USDA|VA) 3 $395,000 $131,667 $1,407 5.79%
BURLINGTON, NC (FHA|USDA|VA) 1 $385,000 $385,000 $3,199 4.75%
SALEM, OR (FHA|USDA|VA) 2 $370,000 $185,000 $4,329 7.31%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $370,000 $185,000 $3,386 7.44%
Holland, MI (FHA|USDA|VA) 1 $365,000 $365,000 $3,342 6.50%
SPRINGFIELD, IL (FHA|USDA|VA) 2 $360,000 $180,000 $2,170 6.06%
CLEVELAND, TN (FHA|USDA|VA) 1 $355,000 $355,000 $3,556 6.88%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $345,000 $345,000 $2,957 5.00%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $345,000 $345,000 $5,344 6.88%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $345,000 $345,000 $1,763 5.50%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $335,000 $335,000 $3,386 5.88%
OCALA, FL (FHA|USDA|VA) 3 $335,000 $111,667 $2,183 5.83%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $325,000 $325,000 $2,616 5.25%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $325,000 $325,000 $3,151 6.25%
Starkville, MS (FHA|USDA|VA) 1 $325,000 $325,000 $7,010 6.63%
Augusta-Waterville, ME (FHA|USDA|VA) 2 $320,000 $160,000 $2,241 6.31%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $315,000 $315,000 $2,542 6.38%
AKRON, OH (FHA|USDA|VA) 2 $310,000 $155,000 $3,513 6.56%
Payson, AZ (FHA|USDA|VA) 2 $310,000 $155,000 $1,853 6.06%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $310,000 $155,000 $2,390 7.19%
Russellville, AR (FHA|USDA|VA) 1 $305,000 $305,000 $2,799 5.13%
GLENS FALLS, NY (FHA|USDA|VA) 1 $305,000 $305,000 $6,392 6.50%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $305,000 $305,000 $5,489 5.88%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 3 $295,000 $98,333 $2,479 7.08%
THE VILLAGES, FL (FHA|USDA|VA) 1 $275,000 $275,000 $3,711 6.38%
Corning, NY (FHA|USDA|VA) 1 $275,000 $275,000 $6,717 5.00%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $2,368 6.00%
TOPEKA, KS (FHA|USDA|VA) 1 $265,000 $265,000 $2,356 6.00%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $255,000 $255,000 $4,296 6.38%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $255,000 $255,000 $3,137 6.00%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $245,000 $245,000 $0 5.38%
SALINAS, CA (FHA|USDA|VA) 2 $240,000 $120,000 $0 8.50%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $240,000 $120,000 $300 5.62%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $225,000 $225,000 $1,674 5.63%
AMARILLO, TX (FHA|USDA|VA) 1 $215,000 $215,000 $7,039 6.88%
COLUMBIA, SC (FHA|USDA|VA) 3 $215,000 $71,667 $3,174 6.92%
COLUMBIA, MO (FHA|USDA|VA) 1 $215,000 $215,000 $2,111 6.63%
ALBANY, GA (FHA|USDA|VA) 1 $205,000 $205,000 $4,605 5.88%
BATON ROUGE, LA (FHA|USDA|VA) 1 $205,000 $205,000 $0 8.13%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 1 $205,000 $205,000 $4,559 6.13%
ASHEVILLE, NC (FHA|USDA|VA) 2 $190,000 $95,000 $1,744 7.25%
CHICO, CA (FHA|USDA|VA) 1 $185,000 $185,000 $300 6.49%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $185,000 $185,000 $4,623 6.63%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $185,000 $185,000 $4,146 6.38%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.00%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $180,000 $90,000 $300 7.06%
Heber, UT (FHA|USDA|VA) 2 $180,000 $90,000 $300 5.74%
LINCOLN, NE (FHA|USDA|VA) 1 $175,000 $175,000 $1,808 4.75%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.50%
Bennington, VT (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.50%
DOVER, DE (FHA|USDA|VA) 1 $155,000 $155,000 $0 8.25%
LOGAN, UT-ID (FHA|USDA|VA) 1 $155,000 $155,000 $300 6.49%
Vineyard Haven, MA (FHA|USDA|VA) 2 $150,000 $75,000 $2,749 6.44%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $145,000 $145,000 $0 8.50%
Picayune, MS (FHA|USDA|VA) 1 $135,000 $135,000 $0 8.50%
Newport, TN (FHA|USDA|VA) 1 $135,000 $135,000 $2,802 5.88%
Olean, NY (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.75%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $120,000 $60,000 $0 8.13%
LAWRENCE, KS (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.75%
Roanoke Rapids, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.00%
SANTA FE, NM (FHA|USDA|VA) 1 $105,000 $105,000 $300 7.24%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $105,000 $105,000 $300 5.12%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.00%
LANCASTER, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.13%
KNOXVILLE, TN (FHA|USDA|VA) 1 $95,000 $95,000 $0 8.25%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $95,000 $95,000 $2,737 4.75%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $95,000 $95,000 $0 6.75%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $95,000 $95,000 $300 7.12%
TOLEDO, OH (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.75%
NILES, MI (FHA|USDA|VA) 1 $85,000 $85,000 $300 6.24%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $85,000 $85,000 $300 5.49%
PROVO-OREM, UT (FHA|USDA|VA) 2 $80,000 $40,000 $320 7.12%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $70,000 $35,000 $300 7.50%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.13%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $65,000 $65,000 $300 7.24%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $65,000 $65,000 $300 7.12%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $65,000 $65,000 $300 7.12%
HINESVILLE, GA (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.38%
MODESTO, CA (FHA|USDA|VA) 1 $65,000 $65,000 $300 7.24%
ANN ARBOR, MI (FHA|USDA|VA) 1 $65,000 $65,000 $300 6.99%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $55,000 $55,000 $300 6.37%
BANGOR, ME (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.00%
Ottumwa, IA (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.63%
Torrington, CT (FHA|USDA|VA) 1 $55,000 $55,000 $1,630 5.13%
Barre, VT (FHA|USDA|VA) 1 $55,000 $55,000 $300 6.87%
GAINESVILLE, FL (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.38%
Fallon, NV (FHA|USDA|VA) 1 $55,000 $55,000 $300 8.12%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.50%
SAVANNAH, GA (FHA|USDA|VA) 1 $45,000 $45,000 $300 5.87%
ITHACA, NY (FHA|USDA|VA) 1 $45,000 $45,000 $300 7.49%
Meadville, PA (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.25%
WILMINGTON, NC (FHA|USDA|VA) 1 $45,000 $45,000 $300 5.99%
Forest City, NC (FHA|USDA|VA) 1 $45,000 $45,000 $300 7.12%
VALLEJO, CA (FHA|USDA|VA) 1 $35,000 $35,000 $300 6.24%
Henderson, NC (FHA|USDA|VA) 1 $35,000 $35,000 $300 7.87%
Tifton, GA (FHA|USDA|VA) 1 $35,000 $35,000 $300 7.99%
BOISE CITY, ID (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.38%
Digital Federal Credit Union's top markets include Boston, Dallas, Worcester, Atlanta, and New York among others.

Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • California (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,981 $1,346,715,000 $338,286 $2,845 6.12%
    HELOC 1,531 $230,985,000 $150,872 n/a 8.14%

    For 2023, Digital Federal Credit Union's most frequently originated type of loan was Conventional, with 3,981 originations. Their 2nd most popular type was HELOC, with 1,531 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,167 $1,023,985,000 $472,536 $4,849 5.81%
    Home Improvement 1,375 $149,355,000 $108,622 $309 7.42%
    Other 1,135 $129,565,000 $114,154 $378 7.30%
    Cash Out Refi 699 $129,355,000 $185,057 $1,075 7.16%
    Refi 136 $145,440,000 $1,069,412 $3,318 5.52%

    For 2023, Digital Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 2,167 originations. The 2nd most popular reason was Home Improvement, with 1,375 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,824 $915,260,000 $501,787 $5,030 5.66%
    30+ year 1,530 $230,930,000 $150,935 $0 8.14%
    20 Year 804 $112,250,000 $139,614 $641 6.90%
    15 Year 691 $133,945,000 $193,842 $1,682 6.26%
    10 Year 507 $151,965,000 $299,734 $478 6.35%
    5 Year 147 $9,035,000 $61,463 $302 6.11%
    Other 9 $24,315,000 $2,701,667 $0 6.81%

    For 2023, Digital Federal Credit Union's most frequently cited loan duration was 30 Year, with 1,824 originations. The 2nd most popular length was 30+ year, with 1,530 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 3,229 $888,015,000 $275,012
    $1k-2k 205 $85,475,000 $416,951
    $2k-3k 132 $58,660,000 $444,394
    $5k+ 120 $77,360,000 $644,667
    $3k-4k 97 $44,155,000 $455,206
    $4k-5k 74 $38,450,000 $519,595

    Digital Federal Credit Union's average total fees were $5,030, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3,229 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,315 $335,475,000 $255,114
    7-8% 1,282 $210,180,000 $163,947
    5-6% 1,231 $514,695,000 $418,111
    Over 8% 989 $150,765,000 $152,442
    4-5% 695 $366,585,000 $527,460

    During 2023, Digital Federal Credit Union's average interest rate for loans was 5.66%, while their most frequently originated rate bucket for loans was 6-7%, with 1,315 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,754 $103,010,000 $58,729 $342 7.20%
    $200k-400k 1,173 $340,815,000 $290,550 $3,263 6.59%
    $100k-200k 1,119 $149,605,000 $133,695 $845 7.26%
    $400k-600k 895 $440,985,000 $492,721 $5,015 5.76%
    $600k-1MM 498 $359,920,000 $722,731 $6,314 5.59%
    $1MM+ 73 $183,365,000 $2,511,849 $7,408 5.74%

    2023 saw Digital Federal Credit Union place emphasis on $100,000 or less loans with 1,754 originations, totaling $103,010,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 2,059 $603,745,000 $293,222 $2,999 6.61%
    $100k-150k 1,731 $392,765,000 $226,901 $2,691 6.62%
    $250k+ 800 $330,870,000 $413,588 $3,814 6.62%
    $75k-100k 535 $75,425,000 $140,981 $1,831 7.07%
    $50k-75k 263 $28,085,000 $106,787 $1,648 6.95%
    $50k or less 50 $3,520,000 $70,400 $1,746 7.24%

    Digital Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 2,059 originations. The second most popular income band? $100k-150k, with 1,731 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,103 $255,865,000 $231,972 $2,597 6.77%
    30-36% 1,049 $259,095,000 $246,992 $2,631 6.70%
    44% 492 $105,720,000 $214,878 $1,843 7.04%
    43% 315 $68,885,000 $218,683 $2,059 6.97%
    42% 281 $66,215,000 $235,641 $2,398 6.79%
    <20% 279 $50,245,000 $180,090 $2,302 6.84%
    41% 246 $70,820,000 $287,886 $2,607 6.74%
    38% 244 $64,960,000 $266,230 $2,891 6.71%
    39% 243 $59,655,000 $245,494 $2,517 6.80%
    37% 223 $59,915,000 $268,677 $3,011 6.69%
    40% 221 $59,575,000 $269,570 $2,838 6.64%
    36% 213 $55,925,000 $262,559 $2,875 6.72%
    45% 143 $50,755,000 $354,930 $3,888 6.25%
    47% 105 $54,365,000 $517,762 $5,247 5.70%
    48% 97 $49,945,000 $514,897 $5,006 5.61%
    49% 92 $45,970,000 $499,674 $5,307 5.71%
    46% 88 $41,310,000 $469,432 $4,892 5.71%
    50-60% 43 $23,905,000 $555,930 $5,997 5.59%

    Digital Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 1,103 originations. The next most common DTI ratio? 30-36%, with 1,049 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 1,428 $514,130,000 $360,035 $3,835 6.16%
    White 2,243 $382,975,000 $170,742 $1,590 7.16%
    Asian Indian 829 $319,565,000 $385,483 $4,034 6.10%
    Not provided 696 $173,320,000 $249,023 $2,583 6.83%
    Not applicable 35 $134,575,000 $3,845,000 $0 6.23%
    Black 190 $31,050,000 $163,421 $1,746 7.03%
    Other Asian 42 $13,720,000 $326,667 $3,391 6.73%
    American Indian 14 $2,500,000 $178,571 $1,640 6.75%
    Chinese 5 $1,785,000 $357,000 $3,495 5.62%
    Filipino 11 $1,705,000 $155,000 $2,359 7.10%
    Vietnamese 8 $890,000 $111,250 $710 7.06%
    Native Hawaiian or Islander 5 $615,000 $123,000 $300 8.10%
    Korean 3 $605,000 $201,667 $2,045 5.33%
    Samoan 1 $155,000 $155,000 $0 8.25%
    Other Pacific Islander 1 $75,000 $75,000 $0 8.38%
    Japanese 1 $35,000 $35,000 $300 7.12%

    Approval Rates

    Total approvals of all applications
    80.73%

    Digital Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    44.34%

    Digital Federal 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 5,512 $1,577,700,000 $286,230

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,512 $1,577,700,000 $286,230

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 950 $187,860,000 $197,747 $802 7.45%
    40-60% 324 $171,200,000 $528,395 $3,101 6.92%
    60-80% 745 $393,245,000 $527,846 $4,966 5.70%
    80-100% 1,271 $647,795,000 $509,673 $5,136 5.68%
    Under 20% 2,222 $177,600,000 $79,928 $341 7.22%