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

Lowell, MA

LEI: 549300KGE82WIZC87Y08

Tax ID: 04-1231965

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Mortgage Data

Review & Overview

Jeanne D'arc Credit Union is a smaller credit union specializing in Home Purchase, Cash Out Refi, and Refi 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 Portland among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

Jeanne D'arc 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. Jeanne D'arc 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) 6.04% 3/24/24
30 Year Conventional Purchase 6.20% 3/24/24
30 Year Conventional Refi 6.47% 3/24/24
30 Year Cash-out Refi 6.47% 3/24/24
15 Year Conventional Purchase 5.61% 3/24/24
15 Year Conventional Refi 5.79% 3/24/24
15 Year Cash-out Refi 5.79% 3/24/24
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

1,352

Origination Dollar Volume (All Markets)

$319,160,000
Show all (5) 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
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1,124 $267,710,000 $238,176 $2,233 4.51%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 163 $33,115,000 $203,160 $2,029 4.62%
WORCESTER, MA-CT (FHA|USDA|VA) 26 $6,120,000 $235,385 $2,734 4.33%
Laconia, NH (FHA|USDA|VA) 6 $2,430,000 $405,000 $3,441 3.75%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 6 $2,130,000 $355,000 $3,161 3.50%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 7 $2,045,000 $292,143 $3,303 4.00%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $1,735,000 $578,333 $4,222 3.62%
Lebanon, NH-VT (FHA|USDA|VA) 5 $1,675,000 $335,000 $3,693 4.73%
Concord, NH (FHA|USDA|VA) 7 $1,055,000 $150,714 $3,293 4.07%
Outside of Metro Areas 3 $615,000 $205,000 $3,461 3.87%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $530,000 $265,000 $2,011 5.31%
Jeanne D'arc Credit Union's top markets include Boston, Manchester, Worcester, Laconia, and Portland 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.

    SOUTHBRIDGE CREDIT UNION
    Similarity Rank: 80
    Piscataqua Savings Bank
    Similarity Rank: 118
    First Ipswich Bank
    Similarity Rank: 139
    LEOMINSTER CREDIT UNION
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    Charter Oak Federal Credit Union
    Similarity Rank: 294
    Liberty Bank
    Similarity Rank: 420
    QUINCY CREDIT UNION
    Similarity Rank: 435
    Middlesex Savings Bank
    Similarity Rank: 455
    Members Plus Credit Union
    Similarity Rank: 505

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,199 $305,075,000 $254,441 $2,246 4.40%
    HELOC 153 $14,085,000 $92,059 n/a 5.35%

    For 2019, Jeanne D'arc Credit Union's most frequently originated type of loan was Conventional, with 1,199 originations. Their 2nd most popular type was HELOC, with 153 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 498 $143,400,000 $287,952 $2,945 4.28%
    Cash Out Refi 378 $85,620,000 $226,508 $1,928 4.58%
    Refi 221 $70,995,000 $321,244 $2,800 3.74%
    Home Improvement 137 $8,215,000 $59,964 $32 5.53%
    Other 118 $10,930,000 $92,627 $305 5.44%

    For 2019, Jeanne D'arc Credit Union's most frequently cited loan purpose was Home Purchase, with 498 originations. The 2nd most popular reason was Cash Out Refi, with 378 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 741 $253,005,000 $341,437 $3,229 3.86%
    20 Year 257 $25,055,000 $97,490 $550 5.50%
    15 Year 135 $26,555,000 $196,704 $1,612 4.41%
    Other 112 $9,040,000 $80,714 $250 5.97%
    10 Year 71 $3,805,000 $53,592 $114 5.26%
    5 Year 30 $1,550,000 $51,667 $0 5.02%
    3 Year 6 $150,000 $25,000 $0 5.16%

    For 2019, Jeanne D'arc Credit Union's most frequently cited loan duration was 30 Year, with 741 originations. The 2nd most popular length was 20 Year, with 257 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,005 $243,415,000 $242,204
    $1k-2k 88 $28,150,000 $319,886
    $2k-3k 12 $3,600,000 $300,000
    $3k-4k 8 $2,500,000 $312,500
    $4k-5k 6 $1,870,000 $311,667
    $5k+ 2 $780,000 $390,000

    Jeanne D'arc Credit Union's average total fees were $3,229, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,005 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 603 $203,945,000 $338,217
    4-5% 314 $74,390,000 $236,911
    5-6% 282 $25,770,000 $91,383
    6-7% 136 $9,570,000 $70,368
    2.5-3% 14 $5,470,000 $390,714
    <2.5% 3 $15,000 $5,000

    During 2019, Jeanne D'arc Credit Union's average interest rate for loans was 3.86%, while their most frequently originated rate bucket for loans was 3-4%, with 603 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 506 $148,420,000 $293,320 $3,081 3.92%
    $100,000 or less 408 $20,500,000 $50,245 $93 5.62%
    $100k-200k 226 $33,330,000 $147,478 $2,172 4.46%
    $400k-600k 160 $73,820,000 $461,375 $3,449 3.81%
    $600k-1MM 43 $32,065,000 $745,698 $4,261 3.78%
    $1MM+ 9 $11,025,000 $1,225,000 $4,808 3.85%

    2019 saw Jeanne D'arc Credit Union place emphasis on $200k-400k loans with 506 originations, totaling $148,420,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 372 $86,220,000 $231,774 $2,280 4.57%
    $150k-250k 298 $83,230,000 $279,295 $2,362 4.43%
    $75k-100k 248 $52,980,000 $213,629 $2,299 4.40%
    $50k-75k 219 $33,255,000 $151,849 $1,893 4.52%
    $250k+ 104 $43,330,000 $416,635 $2,539 4.56%
    $50k or less 76 $10,310,000 $135,658 $2,149 4.45%

    Jeanne D'arc Credit Union lent most frequently to those with incomes in the $100k-150k range, with 372 originations. The second most popular income band? $150k-250k, with 298 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 329 $77,355,000 $235,122 $2,251 4.47%
    30-36% 276 $66,240,000 $240,000 $2,359 4.42%
    <20% 97 $20,405,000 $210,361 $2,375 4.37%
    41% 59 $12,425,000 $210,593 $2,016 4.81%
    40% 54 $14,660,000 $271,481 $2,171 4.63%
    43% 51 $11,465,000 $224,804 $2,079 4.50%
    38% 48 $10,620,000 $221,250 $1,968 4.57%
    37% 48 $9,180,000 $191,250 $2,192 4.64%
    42% 47 $9,645,000 $205,213 $1,968 4.57%
    36% 47 $9,615,000 $204,574 $2,154 4.57%
    39% 43 $9,365,000 $217,791 $1,832 4.77%
    44% 43 $12,705,000 $295,465 $2,363 4.62%
    45% 33 $7,235,000 $219,242 $2,176 4.57%
    50-60% 32 $8,980,000 $280,625 $2,631 4.34%
    47% 30 $6,700,000 $223,333 $1,982 4.63%
    46% 27 $6,685,000 $247,593 $2,779 4.27%
    48% 22 $7,050,000 $320,455 $2,874 4.11%
    49% 21 $6,905,000 $328,810 $2,607 3.90%
    >60% 14 $2,520,000 $180,000 $2,110 4.52%

    Jeanne D'arc Credit Union lent most frequently to those with DTI ratios of 20-30%, with 329 originations. The next most common DTI ratio? 30-36%, with 276 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,078 $246,830,000 $228,970 $2,212 4.49%
    Not provided 133 $37,465,000 $281,692 $2,407 4.53%
    Asian 99 $23,135,000 $233,687 $2,336 4.45%
    Not applicable 17 $6,185,000 $363,824 $0 5.27%
    Black 23 $5,155,000 $224,130 $2,595 4.47%
    American Indian 2 $390,000 $195,000 $1,696 4.75%

    Approval Rates

    Total approvals of all applications
    90.85%

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

    Pick Rate

    Approvals leading to origination
    88.54%

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

    Points and Fees

    Points Originations Total Value Average Loan
    2443.0 1 $165,000 $165,000
    2477.0 1 $85,000 $85,000
    2480.0 1 $85,000 $85,000
    2607.0 1 $95,000 $95,000
    2612.0 1 $75,000 $75,000
    2678.0 1 $95,000 $95,000
    2687.0 1 $105,000 $105,000
    2741.0 1 $75,000 $75,000
    2764.0 1 $135,000 $135,000
    2819.0 1 $115,000 $115,000
    2851.0 1 $175,000 $175,000
    2852.0 1 $75,000 $75,000
    2856.0 1 $175,000 $175,000
    2863.0 1 $115,000 $115,000
    2872.0 1 $75,000 $75,000
    2899.0 1 $155,000 $155,000
    NA 1,336 $317,360,000 $237,545

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 12 $5,160,000 $430,000
    Single Family (1-4 Units):Manufactured 16 $1,800,000 $112,500
    Single Family (1-4 Units):Site-Built 1,324 $312,200,000 $235,801

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 128 $15,220,000 $118,906 $1,030 5.11%
    40-60% 138 $35,110,000 $254,420 $2,617 3.96%
    60-80% 469 $163,105,000 $347,772 $3,180 3.91%
    80-100% 252 $86,340,000 $342,619 $3,453 3.87%
    Under 20% 365 $19,385,000 $53,110 $46 5.69%