Nasa Federal Credit Union Mortgage Rates, Fees & Info

Upper Marlboro, MD

LEI: 549300KPBZCTMM3Y0061

Tax ID: 53-0258248

3.8 stars - out of 5 stars, based on 33 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Nasa Federal Credit Union is a smaller credit union specializing in Refi, Cash Out Refi, and Home Purchase loans. Nasa Federal 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 include Washington, Baltimore, Salisbury, Atlanta, and Philadelphia among others. Nasa Federal Credit Union has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Nasa Federal Credit Union is typically a high fee lendor.


Originations

1,103

Origination Dollar Volume (All Markets)

$336,725,000

Awards

NASA Federal Credit Union 30 Year Conventional Loans silver NASA Federal Credit Union 30 Year Conventional Loans bronze NASA Federal Credit Union 30 Year Conventional Loans gold NASA Federal Credit Union 30 Year Conventional Loans silver
Show all (4) awards

Relative Rate

Nasa Federal Credit Union's average 30 year fixed rate mortgage of loans were 2.95%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.2%.

Relative Fees

Nasa Federal Credit Union's average total fees for a 30 year fixed rate mortgage are $6,583.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 433 $142,545,000 $329,203 $6,148 2.98%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 276 $87,280,000 $316,232 $6,020 2.99%
Outside of Metro Areas 33 $6,805,000 $206,212 $4,196 2.85%
SALISBURY, MD-DE (FHA|USDA|VA) 25 $6,495,000 $259,800 $5,563 2.97%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 25 $6,475,000 $259,000 $5,037 3.53%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 14 $4,600,000 $328,571 $6,775 2.83%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 13 $4,365,000 $335,769 $7,235 3.01%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 12 $4,320,000 $360,000 $7,851 2.83%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 8 $3,750,000 $468,750 $8,279 3.06%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 9 $3,215,000 $357,222 $7,261 3.74%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 11 $2,805,000 $255,000 $5,024 3.63%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 11 $2,765,000 $251,364 $4,564 3.18%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 6 $2,670,000 $445,000 $7,511 3.13%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 9 $2,465,000 $273,889 $6,963 3.21%
RALEIGH-CARY, NC (FHA|USDA|VA) 5 $2,075,000 $415,000 $6,388 2.73%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 7 $1,985,000 $283,571 $6,147 2.79%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $1,965,000 $393,000 $5,472 3.42%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $1,900,000 $475,000 $7,274 2.91%
RICHMOND, VA (FHA|USDA|VA) 6 $1,790,000 $298,333 $4,214 3.34%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $1,760,000 $293,333 $6,359 2.60%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 7 $1,605,000 $229,286 $5,633 2.82%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 4 $1,580,000 $395,000 $7,413 3.03%
YORK-HANOVER, PA (FHA|USDA|VA) 7 $1,575,000 $225,000 $6,035 2.86%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 8 $1,530,000 $191,250 $4,132 3.16%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $1,515,000 $505,000 $7,651 3.08%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 5 $1,215,000 $243,000 $6,198 3.18%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $1,190,000 $198,333 $5,143 3.44%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $1,110,000 $555,000 $12,515 2.63%
PITTSBURGH, PA (FHA|USDA|VA) 6 $1,060,000 $176,667 $4,534 3.52%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $1,060,000 $265,000 $5,577 3.06%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,005,000 $335,000 $6,902 2.71%
NEW BERN, NC (FHA|USDA|VA) 3 $935,000 $311,667 $5,311 2.75%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $755,000 $251,667 $5,151 3.13%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 3 $745,000 $248,333 $5,145 2.63%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $740,000 $370,000 $6,224 3.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $730,000 $365,000 $6,723 3.38%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $720,000 $180,000 $3,574 3.41%
DOVER, DE (FHA|USDA|VA) 3 $685,000 $228,333 $6,316 2.63%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $595,000 $595,000 $9,611 2.88%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $590,000 $295,000 $5,556 3.44%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $580,000 $290,000 $6,148 2.38%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 3 $555,000 $185,000 $5,060 2.71%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $545,000 $545,000 $7,854 3.13%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $540,000 $270,000 $5,401 2.81%
READING, PA (FHA|USDA|VA) 2 $540,000 $270,000 $6,014 2.81%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $525,000 $175,000 $4,498 2.58%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $520,000 $260,000 $4,909 2.75%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $515,000 $171,667 $3,122 3.83%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $505,000 $505,000 $13,475 2.63%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $500,000 $250,000 $4,970 2.94%
LYNCHBURG, VA (FHA|USDA|VA) 1 $495,000 $495,000 $8,016 2.63%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $480,000 $240,000 $5,194 2.56%
Barre, VT (FHA|USDA|VA) 1 $465,000 $465,000 $8,647 4.00%
LANCASTER, PA (FHA|USDA|VA) 2 $460,000 $230,000 $5,684 3.06%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $450,000 $225,000 $7,675 3.81%
FORT COLLINS, CO (FHA|USDA|VA) 1 $445,000 $445,000 $6,947 2.63%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $435,000 $435,000 $11,049 2.75%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $405,000 $405,000 $5,663 2.63%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $405,000 $405,000 $7,101 2.75%
WILMINGTON, NC (FHA|USDA|VA) 3 $405,000 $135,000 $4,328 2.63%
ERIE, PA (FHA|USDA|VA) 1 $395,000 $395,000 $8,381 3.25%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $370,000 $185,000 $4,717 3.31%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $365,000 $365,000 $5,577 2.50%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $355,000 $355,000 $7,148 2.63%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $355,000 $355,000 $6,905 2.75%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $345,000 $345,000 $6,687 2.63%
MORGANTOWN, WV (FHA|USDA|VA) 1 $345,000 $345,000 $8,694 2.00%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $340,000 $170,000 $3,909 3.19%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $325,000 $325,000 $6,873 2.88%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $315,000 $315,000 $8,885 2.88%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $315,000 $315,000 $6,204 2.38%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $310,000 $155,000 $3,915 3.19%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $305,000 $305,000 $5,439 2.63%
BURLINGTON, NC (FHA|USDA|VA) 1 $305,000 $305,000 $5,434 4.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $300,000 $150,000 $4,199 3.13%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $295,000 $295,000 $5,107 3.50%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $295,000 $295,000 $6,607 2.63%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $285,000 $285,000 $5,149 2.75%
Brainerd, MN (FHA|USDA|VA) 1 $285,000 $285,000 $5,236 2.88%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $280,000 $140,000 $2,226 4.06%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $275,000 $275,000 $4,912 3.63%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $275,000 $275,000 $5,846 4.13%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $275,000 $275,000 $4,667 3.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $270,000 $135,000 $3,917 2.38%
REDDING, CA (FHA|USDA|VA) 1 $265,000 $265,000 $4,874 2.75%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $250,000 $125,000 $4,684 2.88%
Henderson, NC (FHA|USDA|VA) 1 $245,000 $245,000 $5,079 2.63%
OCALA, FL (FHA|USDA|VA) 1 $235,000 $235,000 $4,761 2.75%
Forest City, NC (FHA|USDA|VA) 1 $235,000 $235,000 $5,455 3.00%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,408 2.75%
GAINESVILLE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $4,966 2.50%
Whitewater, WI (FHA|USDA|VA) 1 $225,000 $225,000 $4,579 3.00%
HAMMOND, LA (FHA|USDA|VA) 1 $215,000 $215,000 $3,754 2.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $205,000 $205,000 $4,355 2.63%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $205,000 $205,000 $4,963 2.88%
Easton, MD (FHA|USDA|VA) 1 $205,000 $205,000 $4,508 3.00%
Crossville, TN (FHA|USDA|VA) 1 $205,000 $205,000 $4,511 2.13%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $195,000 $195,000 $4,887 2.75%
Morehead City, NC (FHA|USDA|VA) 1 $195,000 $195,000 $5,195 2.88%
ROANOKE, VA (FHA|USDA|VA) 1 $185,000 $185,000 $7,946 2.75%
Show Low, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $6,600 2.88%
Danville, VA (FHA|USDA|VA) 1 $175,000 $175,000 $3,818 2.75%
LAREDO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,870 2.38%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $165,000 $165,000 $3,315 2.88%
Mount Vernon, IL (FHA|USDA|VA) 1 $165,000 $165,000 $3,296 3.00%
KNOXVILLE, TN (FHA|USDA|VA) 1 $145,000 $145,000 $3,629 3.25%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,139 2.63%
New Castle, PA (FHA|USDA|VA) 1 $145,000 $145,000 $4,612 2.88%
SAVANNAH, GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,879 3.25%
TULSA, OK (FHA|USDA|VA) 1 $145,000 $145,000 $4,271 3.13%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $135,000 $135,000 $6,087 2.50%
Cambridge, MD (FHA|USDA|VA) 1 $135,000 $135,000 $3,245 2.88%
Wilson, NC (FHA|USDA|VA) 1 $135,000 $135,000 $2,818 2.75%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $115,000 $115,000 $3,294 2.63%
CHARLESTON, WV (FHA|USDA|VA) 1 $115,000 $115,000 $3,572 2.38%
LAS CRUCES, NM (FHA|USDA|VA) 1 $105,000 $105,000 $2,928 2.75%
COLUMBIA, SC (FHA|USDA|VA) 1 $105,000 $105,000 $3,571 3.25%
Mount Airy, NC (FHA|USDA|VA) 1 $85,000 $85,000 $2,781 2.75%
GAINESVILLE, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.00%
Red Bluff, CA (FHA|USDA|VA) 1 $75,000 $75,000 $3,145 3.13%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.00%
HATTIESBURG, MS (FHA|USDA|VA) 1 $65,000 $65,000 $2,308 2.50%
SALEM, OR (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.00%
JONESBORO, AR (FHA|USDA|VA) 1 $35,000 $35,000 $585 7.00%

Nasa Federal Credit Union's top markets include Washington, Baltimore, Salisbury, Atlanta, and Philadelphia among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,078 $328,480,000 $304,712 $5,846 3.02%
VA 15 $5,775,000 $385,000 $8,880 2.63%
FHA 10 $2,470,000 $247,000 $9,551 2.94%

For the 2021 period, Nasa Federal Credit Union's most frequently originated loan type of loans were Conventional, with 1,078 originations. Their 2nd most popular type is VA, with 15 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 489 $148,855,000 $304,407 $5,661 2.77%
Cash Out Refi 321 $99,635,000 $310,389 $6,083 2.95%
Home Purchase 249 $85,715,000 $344,237 $7,276 3.03%
Other 27 $1,495,000 $55,370 $46 6.24%
Home Improvement 17 $1,025,000 $60,294 $0 6.22%

For the 2021, Nasa Federal Credit Union's most frequently cited loan purpose of loans were Refi, with 489 originations. The 2nd most popular reason of loans were Cash Out Refi, with 321 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 792 $265,640,000 $335,404 $6,583 2.95%
15 Year 176 $43,980,000 $249,886 $4,741 2.70%
20 Year 107 $24,245,000 $226,589 $3,956 3.78%
10 Year 21 $2,455,000 $116,905 $2,276 3.70%
5 Year 7 $405,000 $57,857 $101 4.93%

For the 2021, Nasa Federal Credit Union's most frequently cited loan length of loans were 30 Year, with 792 originations. The 2nd most popular length of loans were 15 Year, with 176 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$3k-4k 417 $141,935,000 $340,372
$2k-3k 284 $62,850,000 $221,303
$5k+ 206 $108,070,000 $524,612
$1k-2k 121 $16,495,000 $136,322
$<1k 73 $7,215,000 $98,836

$6,583 of loans were Nasa Federal Credit Union's average total fees, while their most frequently occuring range of origination fees were in the $3k-4k bucket, with 417 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 624 $205,800,000 $329,808
<2.5% 215 $59,155,000 $275,140
3-4% 195 $65,325,000 $335,000
6-7% 35 $2,295,000 $65,571
4-5% 22 $3,070,000 $139,545
5-6% 12 $1,080,000 $90,000

During 2021, Nasa Federal Credit Union's average interest rate of loans were 2.95%, while their most frequently originated rate bucket of loans were 2.5-3%, with 624 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 551 $158,645,000 $287,922 $5,779 2.84%
$400k-600k 231 $110,805,000 $479,675 $8,556 2.87%
$100k-200k 203 $31,815,000 $156,724 $3,827 2.88%
$100,000 or less 75 $4,585,000 $61,133 $960 5.10%
$600k-1MM 42 $29,870,000 $711,190 $11,807 3.00%
$1MM+ 1 $1,005,000 $1,005,000 $15,816 3.38%

2021 saw Nasa Federal Credit Union place emphasis on $200k-400k loans with 551 originations, totaling $158,645,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 331 $98,865,000 $298,686 $5,748 3.07%
$150k-250k 284 $108,490,000 $382,007 $6,919 3.04%
$75k-100k 188 $48,580,000 $258,404 $5,198 3.01%
$50k-75k 150 $31,640,000 $210,933 $4,864 2.91%
$250k+ 79 $34,195,000 $432,848 $7,715 3.13%
$50k or less 52 $8,940,000 $171,923 $4,391 2.83%

Nasa Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 331 originations. The second most popular income band? $150k-250k, with 284 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 316 $102,060,000 $322,975 $6,238 2.91%
30-36% 237 $70,625,000 $297,996 $5,751 3.17%
<20% 133 $35,735,000 $268,684 $5,289 2.72%
38% 44 $14,030,000 $318,864 $6,180 3.42%
39% 42 $14,230,000 $338,810 $6,495 3.19%
43% 38 $13,380,000 $352,105 $6,545 2.88%
42% 36 $8,250,000 $229,167 $4,359 3.41%
36% 36 $9,720,000 $270,000 $5,450 2.82%
41% 36 $9,490,000 $263,611 $5,205 3.39%
40% 32 $10,330,000 $322,813 $5,877 3.14%
44% 30 $10,400,000 $346,667 $6,542 2.96%
37% 27 $7,515,000 $278,333 $5,101 3.51%
45% 25 $9,115,000 $364,600 $7,229 2.83%
46% 18 $5,800,000 $322,222 $6,589 2.83%
49% 17 $5,325,000 $313,235 $6,572 2.80%
48% 15 $4,455,000 $297,000 $6,168 2.74%
47% 12 $2,960,000 $246,667 $5,597 2.81%
50-60% 3 $1,365,000 $455,000 $8,985 2.63%

Nasa Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 316 originations. The next most common DTI ratio? 30-36%, with 237 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 622 $190,700,000 $306,592 $5,850 3.03%
Not provided 223 $69,255,000 $310,561 $5,986 2.96%
Black 209 $59,835,000 $286,292 $5,871 3.06%
Asian 42 $14,600,000 $347,619 $6,677 2.85%
American Indian 5 $2,175,000 $435,000 $7,629 3.05%
Not applicable 2 $160,000 $80,000 $0 4.50%

Approval Rates

Total approvals of all applications
93.92%

Nasa Federal Credit Union has an average approval rate.

Pick Rate

Approvals leading to origination
77.15%

Nasa Federal Credit Union has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 1,103 $336,725,000 $305,281

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,103 $336,725,000 $305,281

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 69 $11,535,000 $167,174 $3,424 3.03%
40-60% 217 $60,635,000 $279,424 $5,540 2.63%
60-80% 479 $157,535,000 $328,883 $6,276 2.85%
80-100% 281 $102,135,000 $363,470 $7,268 3.05%
Over 100% 1 $335,000 $335,000 $13,197 2.63%
Under 20% 53 $3,175,000 $59,906 $186 5.98%