Sharonview Federal Credit Union Mortgage Rates, Fees & Info
Indian Land, SCLEI: 549300KRHOMDHAKS8L29
Tax ID: 56-6048692
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Mortgage Data
Review & Overview
Sharonview Federal Credit Union is a smaller credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. Sharonview Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Charlotte, Greenville, Spartanburg, New York, and Shelby among others. We have data for 76 markets. (Some data included below & more in-depth data is available with an active subscription.)Sharonview 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. Sharonview Federal 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.30% | 12/16/24 |
| 30 Year Conventional Purchase | 6.55% | 12/16/24 |
| 30 Year Conventional Refi | 6.53% | 12/16/24 |
| 30 Year Cash-out Refi | 6.80% | 12/16/24 |
| 15 Year Conventional Purchase | 7.25% | 12/16/24 |
| 15 Year Conventional Refi | 6.08% | 12/16/24 |
| 15 Year Cash-out Refi | 6.08% | 12/16/24 |
| 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. | ||
Sharonview Federal Credit Union Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,585Origination Dollar Volume (All Markets)
$344,325,000Awards
SHARONVIEW FEDERAL CREDIT UNION - 2021
SHARONVIEW FEDERAL CREDIT UNION is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 704 | $167,360,000 | $237,727 | $2,406 | 2.95% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 173 | $30,665,000 | $177,254 | $2,241 | 2.93% |
| SPARTANBURG, SC (FHA|USDA|VA) | 93 | $15,225,000 | $163,710 | $2,264 | 2.89% |
| Outside of Metro Areas | 73 | $12,345,000 | $169,110 | $2,587 | 2.87% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 37 | $12,135,000 | $327,973 | $3,078 | 2.81% |
| Shelby, NC (FHA|USDA|VA) | 76 | $11,330,000 | $149,079 | $1,981 | 2.82% |
| FLORENCE, SC (FHA|USDA|VA) | 59 | $10,205,000 | $172,966 | $2,181 | 2.80% |
| WILMINGTON, NC (FHA|USDA|VA) | 45 | $9,315,000 | $207,000 | $2,155 | 2.83% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 36 | $8,780,000 | $243,889 | $3,198 | 2.84% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 18 | $5,720,000 | $317,778 | $4,127 | 2.76% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 28 | $5,150,000 | $183,929 | $2,710 | 2.96% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 29 | $4,275,000 | $147,414 | $2,002 | 2.81% |
| COLUMBIA, SC (FHA|USDA|VA) | 17 | $4,195,000 | $246,765 | $2,761 | 2.94% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 10 | $3,580,000 | $358,000 | $3,102 | 2.88% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 14 | $3,560,000 | $254,286 | $2,243 | 2.90% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 12 | $3,270,000 | $272,500 | $2,575 | 2.98% |
| ASHEVILLE, NC (FHA|USDA|VA) | 10 | $2,920,000 | $292,000 | $2,878 | 2.98% |
| Albemarle, NC (FHA|USDA|VA) | 15 | $2,735,000 | $182,333 | $2,131 | 3.08% |
| Lumberton, NC (FHA|USDA|VA) | 13 | $2,125,000 | $163,462 | $2,501 | 3.10% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 11 | $1,895,000 | $172,273 | $2,108 | 2.45% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 5 | $1,755,000 | $351,000 | $3,295 | 2.58% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 5 | $1,695,000 | $339,000 | $3,274 | 3.05% |
| Gaffney, SC (FHA|USDA|VA) | 9 | $1,415,000 | $157,222 | $2,139 | 2.85% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,330,000 | $665,000 | $6,176 | 2.94% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $1,090,000 | $545,000 | $5,132 | 3.06% |
| Forest City, NC (FHA|USDA|VA) | 9 | $1,085,000 | $120,556 | $2,162 | 2.68% |
| Seneca, SC (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $2,117 | 3.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $5,096 | 2.75% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $4,128 | 2.91% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 5 | $815,000 | $163,000 | $3,206 | 2.85% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $5,877 | 3.75% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $4,943 | 3.38% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $4,928 | 2.88% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $2,424 | 3.00% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $1,673 | 2.46% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $3,309 | 3.38% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $4,788 | 3.21% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $1,785 | 2.75% |
| Brevard, NC (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $5,411 | 2.94% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $5,128 | 2.25% |
| Georgetown, SC (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $3,720 | 2.75% |
| GREENVILLE, NC (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $1,512 | 2.67% |
| BURLINGTON, NC (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $1,608 | 2.42% |
| Union, SC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,392 | 2.94% |
| Cullowhee, NC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,769 | 2.94% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $6,271 | 2.88% |
| BECKLEY, WV (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,631 | 2.75% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $2,610 | 3.19% |
| North Wilkesboro, NC (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,700 | 3.31% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,139 | 2.38% |
| Wilson, NC (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $1,691 | 2.88% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,985 | 2.63% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,957 | 2.88% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,455 | 3.13% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,274 | 3.13% |
| Greenwood, SC (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $2,338 | 2.31% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $1,920 | 2.25% |
| DALTON, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $1,785 | 2.38% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,615 | 3.13% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,606 | 3.13% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,770 | 2.63% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $1,755 | 3.13% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,656 | 2.25% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,795 | 3.38% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,424 | 2.88% |
| Marion, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,395 | 2.88% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,845 | 3.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,920 | 2.25% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,747 | 2.75% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,770 | 3.38% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,224 | 4.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,295 | 2.88% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,825 | 3.25% |
| Sanford, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,401 | 2.25% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,045 | 2.50% |
| Boone, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,652 | 8.74% |
Similar Lenders
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,585 | $344,325,000 | $217,240 | $2,466 | 2.91% |
For 2021, Sharonview Federal Credit Union's most frequently originated type of loan was Conventional, with 1,585 originations.
Loan Reason
For 2021, Sharonview Federal Credit Union's most frequently cited loan purpose was Cash Out Refi, with 656 originations. The 2nd most popular reason was Refi, with 654 originations.
Loan Duration/Length
For 2021, Sharonview Federal Credit Union's most frequently cited loan duration was 30 Year, with 884 originations. The 2nd most popular length was 15 Year, with 455 originations.
Origination Fees/Closing Costs
Sharonview Federal Credit Union's average total fees were $2,910, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,167 originations.
Interest Rates
During 2021, Sharonview Federal Credit Union's average interest rate for loans was 3.16%, while their most frequently originated rate bucket for loans was 2.5-3%, with 684 originations.
Loan Sizing
2021 saw Sharonview Federal Credit Union place emphasis on $100k-200k loans with 702 originations, totaling $103,630,000 in origination value.
Applicant Income
Sharonview Federal Credit Union lent most frequently to those with incomes in the $50k-75k range, with 399 originations. The second most popular income band? $100k-150k, with 347 originations.
Applicant Debt to Income Ratio
Sharonview Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 411 originations. The next most common DTI ratio? 30-36%, with 301 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications82.17%
Sharonview Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination74.07%
Sharonview Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,585 | $344,325,000 | $217,240 |