Sharonview Federal Credit Union Mortgage Rates, Fees & Info

Indian Land, SC

LEI: 549300KRHOMDHAKS8L29

Tax ID: 56-6048692

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

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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.

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) 6.30% 4/28/24
30 Year Conventional Purchase 6.55% 4/28/24
30 Year Conventional Refi 6.53% 4/28/24
30 Year Cash-out Refi 6.80% 4/28/24
15 Year Conventional Purchase 7.25% 4/28/24
15 Year Conventional Refi 6.08% 4/28/24
15 Year Cash-out Refi 6.08% 4/28/24
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






Your Estimates

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

This is not an official calculator from Sharonview Federal 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

1,585

Origination Dollar Volume (All Markets)

$344,325,000
Show all (10) 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
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%
Sharonview Federal Credit Union's top markets include Charlotte, Greenville, Spartanburg, New York, and Shelby among others.

Their top states include:
  • North Carolina (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against SHARONVIEW FEDERAL CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    N C P D Federal Credit Union
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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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 656 $132,610,000 $202,149 $2,155 2.96%
    Refi 654 $131,100,000 $200,459 $1,920 2.78%
    Home Purchase 275 $80,615,000 $293,145 $4,506 3.09%

    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

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 884 $223,990,000 $253,382 $2,910 3.16%
    15 Year 455 $81,005,000 $178,033 $1,941 2.51%
    20 Year 113 $20,235,000 $179,071 $1,956 3.06%
    10 Year 105 $13,655,000 $130,048 $1,667 2.36%
    Other 28 $5,440,000 $194,286 $2,002 3.13%

    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

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,167 $209,645,000 $179,644
    $2k-3k 270 $91,380,000 $338,444
    $<1k 75 $15,825,000 $211,000
    $3k-4k 41 $12,735,000 $310,610
    $4k-5k 18 $6,350,000 $352,778
    $5k+ 14 $8,390,000 $599,286

    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

    Loan Rate Originations Total Value Average Loan
    2.5-3% 684 $160,940,000 $235,292
    3-4% 474 $112,970,000 $238,333
    <2.5% 407 $65,825,000 $161,732
    4-5% 16 $3,860,000 $241,250
    5-6% 3 $665,000 $221,667
    Over 8% 1 $65,000 $65,000

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 702 $103,630,000 $147,621 $2,055 2.90%
    $200k-400k 564 $152,060,000 $269,610 $2,671 2.99%
    $100,000 or less 194 $14,380,000 $74,124 $1,902 2.70%
    $400k-600k 81 $38,375,000 $473,765 $3,811 2.90%
    $600k-1MM 36 $26,200,000 $727,778 $6,137 3.07%
    $1MM+ 8 $9,680,000 $1,210,000 $7,528 3.23%

    2021 saw Sharonview Federal Credit Union place emphasis on $100k-200k loans with 702 originations, totaling $103,630,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 399 $66,375,000 $166,353 $2,288 2.91%
    $100k-150k 347 $84,435,000 $243,329 $2,451 2.88%
    $75k-100k 300 $60,530,000 $201,767 $2,365 2.92%
    $50k or less 293 $37,775,000 $128,925 $2,197 2.93%
    $150k-250k 166 $60,660,000 $365,422 $3,174 2.92%
    $250k+ 51 $27,915,000 $547,353 $4,235 2.82%

    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

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 411 $85,405,000 $207,798 $2,165 2.81%
    30-36% 301 $65,545,000 $217,757 $2,491 2.96%
    <20% 170 $34,030,000 $200,176 $2,189 2.78%
    38% 67 $15,815,000 $236,045 $2,498 2.97%
    44% 66 $14,380,000 $217,879 $2,994 3.03%
    40% 66 $15,050,000 $228,030 $2,604 2.94%
    39% 58 $13,290,000 $229,138 $2,552 2.97%
    41% 58 $14,610,000 $251,897 $2,578 2.98%
    37% 57 $11,425,000 $200,439 $2,587 3.00%
    43% 56 $12,880,000 $230,000 $2,940 3.07%
    36% 53 $10,925,000 $206,132 $2,617 2.99%
    42% 50 $10,380,000 $207,600 $2,734 3.01%
    49% 37 $8,105,000 $219,054 $2,598 3.03%
    45% 35 $7,315,000 $209,000 $2,579 2.86%
    48% 33 $6,955,000 $210,758 $2,733 2.76%
    47% 30 $6,910,000 $230,333 $2,620 2.91%
    46% 27 $8,445,000 $312,778 $3,441 2.89%
    50-60% 6 $2,010,000 $335,000 $4,034 4.02%
    >60% 4 $850,000 $212,500 $522 2.97%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,218 $263,970,000 $216,724 $2,484 2.90%
    Not provided 170 $39,750,000 $233,824 $2,420 2.89%
    Black 157 $31,095,000 $198,057 $2,460 3.05%
    Asian 27 $6,355,000 $235,370 $2,041 2.69%
    American Indian 11 $2,265,000 $205,909 $1,871 2.99%
    Asian Indian 1 $645,000 $645,000 $4,430 2.88%
    Other Asian 1 $245,000 $245,000 $4,625 2.38%

    Approval Rates

    Total approvals of all applications
    82.17%

    Sharonview Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    74.07%

    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

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,585 $344,325,000 $217,240

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 148 $18,810,000 $127,095 $1,844 2.49%
    40-60% 416 $72,500,000 $174,279 $1,951 2.73%
    60-80% 684 $159,290,000 $232,880 $2,359 3.02%
    80-100% 324 $92,490,000 $285,463 $3,655 3.11%
    Under 20% 12 $1,060,000 $88,333 $1,910 2.52%