Jeanne D'arc Credit Union Mortgage Rates, Fees & Info

Lowell, MA

LEI: 549300KGE82WIZC87Y08

Tax ID: 04-1231965

5 stars - Updated: 12/6/24 - out of 5 stars, based on 29 reviews

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

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Mortgage Data

Review & Overview

Jeanne D'arc Credit Union is a smaller credit union specializing in Home Purchase loans. Jeanne D'arc Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Manchester, Worcester, Laconia, and Barnstable Town among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

Jeanne D'arc 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. Jeanne D'arc 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) 6.04% 12/6/24
30 Year Conventional Purchase 6.20% 12/6/24
30 Year Conventional Refi 6.47% 12/6/24
30 Year Cash-out Refi 6.47% 12/6/24
15 Year Conventional Purchase 5.61% 12/6/24
15 Year Conventional Refi 5.79% 12/6/24
15 Year Cash-out Refi 5.79% 12/6/24
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.

Jeanne D'arc Credit Union Mortgage Calculator






Your Estimates

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

This is not an official calculator from Jeanne D'arc 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

825

Origination Dollar Volume (All Markets)

$196,295,000

Awards

Jeanne D'Arc Credit Union 30 Year Conventional Loans bronze Jeanne D'Arc Credit Union 30 Year Conventional Loans silver
Show all (2) awards

Relative Rate

Jeanne D'arc Credit Union's average 30 year fixed mortgage rate was 6.39%.

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

This yields a difference of -0.09%.

Relative Fees (Closing Costs)

Jeanne D'arc Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $5,297.

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) 636 $149,510,000 $235,079 $1,732 7.14%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 117 $18,955,000 $162,009 $1,266 7.27%
WORCESTER, MA-CT (FHA|USDA|VA) 41 $15,855,000 $386,707 $2,772 6.62%
Laconia, NH (FHA|USDA|VA) 3 $1,975,000 $658,333 $2,718 6.04%
Outside of Metro Areas 4 $1,870,000 $467,500 $7,890 6.25%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 4 $1,630,000 $407,500 $3,372 7.09%
Lebanon, NH-VT (FHA|USDA|VA) 4 $1,580,000 $395,000 $6,528 6.47%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 6 $1,450,000 $241,667 $878 7.56%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 3 $1,425,000 $475,000 $4,681 6.00%
Concord, NH (FHA|USDA|VA) 4 $1,230,000 $307,500 $2,216 7.03%
PITTSFIELD, MA (FHA|USDA|VA) 1 $445,000 $445,000 $0 7.38%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $370,000 $185,000 $3,041 5.69%
Jeanne D'arc Credit Union's top markets include Boston, Manchester, Worcester, Laconia, and Barnstable Town among others.

Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)
  • Maine (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Jeanne D'Arc Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Charter Oak Federal Credit Union
    Similarity Rank: 24
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    GREYLOCK
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    BELLWETHER COMMUNITY
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 649 $176,705,000 $272,273 $1,753 6.82%
    HELOC 176 $19,590,000 $111,307 n/a 8.19%

    For 2023, Jeanne D'arc Credit Union's most frequently originated type of loan was Conventional, with 649 originations. Their 2nd most popular type was HELOC, with 176 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 343 $127,845,000 $372,726 $3,347 6.66%
    Home Improvement 210 $19,410,000 $92,429 $79 7.56%
    Cash Out Refi 132 $25,350,000 $192,045 $1,135 7.29%
    Other 123 $10,175,000 $82,724 $111 7.55%
    Refi 17 $13,515,000 $795,000 $4,119 6.26%

    For 2023, Jeanne D'arc Credit Union's most frequently cited loan purpose was Home Purchase, with 343 originations. The 2nd most popular reason was Home Improvement, with 210 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 330 $35,630,000 $107,970 $17 7.89%
    30 Year 254 $120,650,000 $475,000 $5,297 6.39%
    Other 98 $9,800,000 $100,000 $61 7.17%
    15 Year 70 $14,450,000 $206,429 $178 6.56%
    10 Year 54 $15,180,000 $281,111 $55 6.70%
    5 Year 17 $545,000 $32,059 $0 6.37%
    3 Year 2 $40,000 $20,000 $0 5.49%

    For 2023, Jeanne D'arc Credit Union's most frequently cited loan duration was 20 Year, with 330 originations. The 2nd most popular length was 30 Year, with 254 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 457 $79,545,000 $174,059
    $1k-2k 20 $8,380,000 $419,000
    $5k+ 19 $10,785,000 $567,632
    $2k-3k 18 $7,920,000 $440,000
    $4k-5k 12 $5,730,000 $477,500
    $3k-4k 10 $3,110,000 $311,000

    Jeanne D'arc Credit Union's average total fees were $5,297, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 457 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 336 $102,730,000 $305,744
    7-8% 214 $32,350,000 $151,168
    Over 8% 171 $17,525,000 $102,485
    5-6% 96 $41,500,000 $432,292
    4-5% 6 $930,000 $155,000
    3-4% 2 $1,260,000 $630,000

    During 2023, Jeanne D'arc Credit Union's average interest rate for loans was 6.39%, while their most frequently originated rate bucket for loans was 6-7%, with 336 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 333 $17,985,000 $54,009 $17 7.42%
    $100k-200k 170 $23,080,000 $135,765 $348 7.44%
    $200k-400k 152 $43,200,000 $284,211 $3,124 6.90%
    $400k-600k 97 $45,705,000 $471,186 $5,195 6.43%
    $600k-1MM 58 $43,150,000 $743,966 $7,010 6.30%
    $1MM+ 15 $23,175,000 $1,545,000 $7,975 6.28%

    2023 saw Jeanne D'arc Credit Union place emphasis on $100,000 or less loans with 333 originations, totaling $17,985,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 247 $60,725,000 $245,850 $2,150 7.08%
    $100k-150k 234 $35,700,000 $152,564 $1,354 7.22%
    $250k+ 132 $54,760,000 $414,848 $3,002 7.02%
    $75k-100k 94 $13,850,000 $147,340 $1,216 7.11%
    $50k-75k 64 $5,920,000 $92,500 $1,157 7.20%
    $50k or less 18 $840,000 $46,667 $0 7.58%

    Jeanne D'arc Credit Union lent most frequently to those with incomes in the $150k-250k range, with 247 originations. The second most popular income band? $100k-150k, with 234 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 150 $27,310,000 $182,067 $1,235 7.20%
    30-36% 138 $27,710,000 $200,797 $1,630 7.15%
    42% 70 $11,290,000 $161,286 $1,108 7.21%
    39% 53 $7,575,000 $142,925 $1,172 7.52%
    41% 49 $7,385,000 $150,714 $388 7.23%
    38% 43 $7,085,000 $164,767 $1,680 7.23%
    40% 42 $8,290,000 $197,381 $1,042 7.18%
    37% 36 $7,850,000 $218,056 $1,862 7.19%
    36% 35 $10,395,000 $297,000 $3,074 7.21%
    50-60% 28 $8,530,000 $304,643 $2,900 6.88%
    43% 26 $7,610,000 $292,692 $3,429 6.91%
    <20% 25 $6,335,000 $253,400 $1,579 6.64%
    44% 25 $6,505,000 $260,200 $1,837 6.86%
    46% 19 $7,575,000 $398,684 $4,479 6.93%
    45% 16 $4,190,000 $261,875 $2,237 6.77%
    48% 15 $8,655,000 $577,000 $4,753 6.66%
    49% 15 $4,955,000 $330,333 $2,988 6.99%
    47% 12 $4,350,000 $362,500 $3,225 6.91%
    >60% 2 $380,000 $190,000 $0 8.50%

    Jeanne D'arc Credit Union lent most frequently to those with DTI ratios of 20-30%, with 150 originations. The next most common DTI ratio? 30-36%, with 138 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 546 $98,000,000 $179,487 $1,515 7.18%
    Not provided 156 $47,350,000 $303,526 $2,473 7.06%
    Asian 77 $24,305,000 $315,649 $2,075 6.97%
    Not applicable 25 $21,465,000 $858,600 $0 6.39%
    Black 17 $4,065,000 $239,118 $2,172 7.23%
    American Indian 1 $845,000 $845,000 $9,526 7.00%
    Other Asian 2 $210,000 $105,000 $0 6.62%
    Native Hawaiian or Islander 1 $55,000 $55,000 $0 7.24%

    Approval Rates

    Total approvals of all applications
    86.44%

    Jeanne D'arc Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.27%

    Jeanne D'arc Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    2706.0 1 $125,000 $125,000
    2834.0 1 $115,000 $115,000
    3005.5 1 $65,000 $65,000
    3047.0 1 $115,000 $115,000
    3058.0 1 $275,000 $275,000
    3072.25 1 $65,000 $65,000
    3095.0 1 $105,000 $105,000
    3119.0 1 $75,000 $75,000
    3326.0 1 $225,000 $225,000
    3375.0 1 $235,000 $235,000
    3541.0 1 $185,000 $185,000
    4530.0 1 $145,000 $145,000
    4538.4 1 $275,000 $275,000
    4859.0 1 $245,000 $245,000
    NA 811 $194,045,000 $239,266

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    825 $196,295,000 $237,933

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 140 $22,520,000 $160,857 $364 7.54%
    40-60% 43 $15,165,000 $352,674 $3,737 6.77%
    60-80% 163 $88,055,000 $540,215 $5,468 6.41%
    80-100% 93 $44,695,000 $480,591 $5,183 6.37%
    Under 20% 386 $25,860,000 $66,995 $21 7.47%