Boeing Employees Credit Union Mortgage Rates, Fees & Info
Tukwila, WALEI: 549300KM40FP4MSQU941
Tax ID: 91-0219435
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Boeing Employees Credit Union is a mid-sized credit union specializing in Home Improvement and Home Purchase loans. Boeing Employees Credit Union has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Seattle, Bremerton, Bellingham, Portland, and Spokane among others. We have data for 95 markets. (Some data included below & more in-depth data is available with an active subscription.)Boeing Employees 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. Boeing Employees 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 7.33% | 7/20/24 |
| 30 Year Conventional Purchase | 6.20% | 7/20/24 |
| 30 Year Conventional Refi | 6.28% | 7/20/24 |
| 30 Year Cash-out Refi | 6.43% | 7/20/24 |
| 30 Year FHA Purchase | 7.17% | 7/20/24 |
| 30 Year FHA Refi | 6.81% | 7/20/24 |
| 30 Year VA Purchase | 6.16% | 7/20/24 |
| 15 Year Conventional Purchase | 5.73% | 7/20/24 |
| 15 Year Conventional Refi | 5.82% | 7/20/24 |
| 15 Year Cash-out Refi | 5.82% | 7/20/24 |
| 15 Year VA Purchase | 5.68% | 7/20/24 |
| 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. | ||
Boeing Employees Credit Union Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Boeing Employees 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
14,111Origination Dollar Volume (All Markets)
$3,539,215,000Awards
Boeing Employees Credit Union - 2023
Boeing Employees Credit Union is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Boeing Employees Credit Union's average 30 year fixed mortgage rate was
6.31%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.17%.
Relative Fees (Closing Costs)
Boeing Employees Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,485.
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 |
|---|---|---|---|---|---|
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 11,150 | $2,793,950,000 | $250,578 | $6,516 | 6.40% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 313 | $95,445,000 | $304,936 | $6,151 | 6.50% |
| BELLINGHAM, WA (FHA|USDA|VA) | 183 | $87,155,000 | $476,257 | $5,596 | 6.42% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 148 | $78,230,000 | $528,581 | $6,117 | 6.14% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 408 | $71,840,000 | $176,078 | $4,332 | 6.51% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 260 | $40,820,000 | $157,000 | $5,782 | 6.36% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 250 | $38,680,000 | $154,720 | $5,583 | 6.34% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 43 | $38,415,000 | $893,372 | $4,109 | 6.45% |
| Oak Harbor, WA (FHA|USDA|VA) | 192 | $33,010,000 | $171,927 | $5,262 | 6.44% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 141 | $31,665,000 | $224,574 | $6,974 | 6.30% |
| Outside of Metro Areas | 117 | $24,315,000 | $207,821 | $6,357 | 6.36% |
| WENATCHEE, WA (FHA|USDA|VA) | 92 | $19,870,000 | $215,978 | $7,526 | 6.45% |
| Ellensburg, WA (FHA|USDA|VA) | 63 | $17,115,000 | $271,667 | $6,719 | 6.41% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 41 | $15,525,000 | $378,659 | $7,464 | 6.39% |
| Outside of Metro Areas | 40 | $12,520,000 | $313,000 | $9,489 | 6.21% |
| Aberdeen, WA (FHA|USDA|VA) | 65 | $12,255,000 | $188,538 | $5,764 | 6.49% |
| Port Angeles, WA (FHA|USDA|VA) | 49 | $9,865,000 | $201,327 | $6,713 | 6.66% |
| Shelton, WA (FHA|USDA|VA) | 48 | $9,480,000 | $197,500 | $4,718 | 6.31% |
| Sandpoint, ID (FHA|USDA|VA) | 14 | $8,500,000 | $607,143 | $13,044 | 6.68% |
| Moses Lake, WA (FHA|USDA|VA) | 40 | $8,390,000 | $209,750 | $7,042 | 6.92% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 44 | $7,440,000 | $169,091 | $4,241 | 6.60% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 12 | $6,670,000 | $555,833 | $5,871 | 6.14% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 26 | $6,290,000 | $241,923 | $16,436 | 5.97% |
| WALLA WALLA, WA (FHA|USDA|VA) | 24 | $6,180,000 | $257,500 | $3,200 | 6.45% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 10 | $6,080,000 | $608,000 | $7,367 | 6.53% |
| BEND, OR (FHA|USDA|VA) | 17 | $5,535,000 | $325,588 | $5,316 | 6.04% |
| Centralia, WA (FHA|USDA|VA) | 30 | $4,730,000 | $157,667 | $5,452 | 6.41% |
| YAKIMA, WA (FHA|USDA|VA) | 32 | $4,120,000 | $128,750 | $2,833 | 6.57% |
| BOISE CITY, ID (FHA|USDA|VA) | 25 | $4,045,000 | $161,800 | $4,680 | 6.19% |
| TUCSON, AZ (FHA|USDA|VA) | 25 | $4,035,000 | $161,400 | $3,814 | 6.58% |
| Pullman, WA (FHA|USDA|VA) | 15 | $2,605,000 | $173,667 | $4,124 | 6.42% |
| CORVALLIS, OR (FHA|USDA|VA) | 5 | $2,215,000 | $443,000 | $4,188 | 6.75% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 16 | $2,080,000 | $130,000 | $4,302 | 5.64% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 9 | $1,645,000 | $182,778 | $5,013 | 6.35% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 9 | $1,605,000 | $178,333 | $2,251 | 7.09% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 8 | $1,560,000 | $195,000 | $2,855 | 6.35% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $1,550,000 | $775,000 | $4,739 | 7.06% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 12 | $1,320,000 | $110,000 | $2,900 | 6.64% |
| SALEM, OR (FHA|USDA|VA) | 11 | $1,305,000 | $118,636 | $2,994 | 6.52% |
| Astoria, OR (FHA|USDA|VA) | 3 | $1,225,000 | $408,333 | $7,563 | 5.71% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $4,049 | 5.87% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 4 | $1,180,000 | $295,000 | $4,146 | 6.44% |
| LONGVIEW, WA (FHA|USDA|VA) | 9 | $1,175,000 | $130,556 | $2,064 | 7.29% |
| Moscow, ID (FHA|USDA|VA) | 5 | $1,105,000 | $221,000 | $5,737 | 6.52% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $0 | 4.99% |
| Coos Bay, OR (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $3,407 | 6.75% |
| YUMA, AZ (FHA|USDA|VA) | 5 | $815,000 | $163,000 | $4,530 | 6.07% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $4,963 | 6.62% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $5,550 | 6.50% |
| MEDFORD, OR (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $3,575 | 6.63% |
| Klamath Falls, OR (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $2,329 | 7.21% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 4 | $540,000 | $135,000 | $7,890 | 6.24% |
| PITTSBURGH, PA (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $3,437 | 7.11% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 6 | $500,000 | $83,333 | $1,741 | 5.83% |
| VISALIA, CA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 6.37% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $4,612 | 5.41% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $2,843 | 6.25% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 4.99% |
| COLUMBIA, SC (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $0 | 5.24% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $2,568 | 7.36% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $0 | 6.74% |
| Prineville, OR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,024 | 6.25% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $0 | 4.99% |
| Othello, WA (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $0 | 6.61% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,491 | 6.38% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 6.13% |
| Mountain Home, ID (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 7.99% |
| Hood River, OR (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 4.99% |
| Nogales, AZ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,703 | 6.13% |
| Rexburg, ID (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $0 | 4.99% |
| POCATELLO, ID (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 4.99% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,070 | 5.88% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $793 | 5.94% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 6.37% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 4.99% |
| SPARTANBURG, SC (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 8.12% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.99% |
| SUMTER, SC (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $1,863 | 5.81% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 7.74% |
| Roseburg, OR (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $2,248 | 6.75% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 7.25% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,553 | 6.25% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,633 | 5.63% |
| Ontario, OR-ID (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,811 | 5.75% |
| Seneca, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.99% |
| Atchison, KS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,219 | 6.75% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 9.29% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.99% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.99% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.49% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.99% |
| Newport, OR (FHA|USDA|VA) | 2 | $60,000 | $30,000 | $0 | 8.29% |
| Warren, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.99% |
| CHICO, CA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.99% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 4.99% |
Similar Lenders
We use machine learning to identify the top lenders compared against Boeing Employees Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2023, Boeing Employees Credit Union's most frequently originated type of loan was HELOC, with 11,396 originations. Their 2nd most popular type was Conventional, with 2,669 originations.
Loan Reason
For 2023, Boeing Employees Credit Union's most frequently cited loan purpose was Home Improvement, with 5,751 originations. The 2nd most popular reason was Other, with 3,201 originations.
Loan Duration/Length
For 2023, Boeing Employees Credit Union's most frequently cited loan duration was Other, with 11,443 originations. The 2nd most popular length was 30 Year, with 2,513 originations.
Origination Fees/Closing Costs
Boeing Employees Credit Union's average total fees were $6,485, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,318 originations.
Interest Rates
During 2023, Boeing Employees Credit Union's average interest rate for loans was 6.31%, while their most frequently originated rate bucket for loans was 4-5%, with 6,899 originations.
Loan Sizing
2023 saw Boeing Employees Credit Union place emphasis on $100,000 or less loans with 5,100 originations, totaling $299,430,000 in origination value.
Applicant Income
Boeing Employees Credit Union lent most frequently to those with incomes in the $150k-250k range, with 4,593 originations. The second most popular income band? $100k-150k, with 3,875 originations.
Applicant Debt to Income Ratio
Boeing Employees Credit Union lent most frequently to those with DTI ratios of 20-30%, with 2,381 originations. The next most common DTI ratio? 30-36%, with 2,217 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications74.37%
Boeing Employees Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination81.23%
Boeing Employees Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 14,111 | $3,539,215,000 | $250,812 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 14,111 | $3,539,215,000 | $250,812 |