Intouch Credit Union Mortgage Rates, Fees & Info

Plano, TX

LEI: 549300L7HZ4C5U35BO37

Tax ID: 75-1447986

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Intouch Credit Union is a smaller credit union specializing in Home Purchase loans. Intouch Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Las Vegas, Detroit, Washington, and Phoenix among others. We have data for 31 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Intouch 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. Intouch 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.00% 11/17/24
    30 Year Conventional Refi 6.57% 11/17/24
    30 Year Cash-out Refi 6.61% 11/17/24
    30 Year FHA Refi 6.27% 11/17/24
    15 Year Conventional Purchase 6.83% 11/17/24
    15 Year Conventional Refi 7.06% 11/17/24
    15 Year Cash-out Refi 7.06% 11/17/24
    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.

    Intouch Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Intouch 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

    317

    Origination Dollar Volume (All Markets)

    $64,945,000

    Awards

    INTOUCH CREDIT UNION 30 Year Conventional Loans gold
    Show all (1) 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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 216 $52,100,000 $241,204 $2,719 5.15%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 42 $3,100,000 $73,810 $1,135 6.51%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 12 $1,510,000 $125,833 $1,674 5.86%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 10 $1,380,000 $138,000 $1,272 6.73%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $1,260,000 $630,000 $5,655 4.38%
    Outside of Metro Areas 3 $1,255,000 $418,333 $3,073 4.81%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $460,000 $230,000 $1,530 4.50%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $410,000 $205,000 $2,935 4.85%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $400,000 $200,000 $2,016 5.84%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $400,000 $200,000 $2,963 4.88%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $365,000 $365,000 $1,077 4.38%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $340,000 $170,000 $3,352 5.00%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $260,000 $130,000 $561 7.20%
    WACO, TX (FHA|USDA|VA) 1 $255,000 $255,000 $624 4.63%
    Athens, TX (FHA|USDA|VA) 2 $250,000 $125,000 $1,847 6.06%
    BOISE CITY, ID (FHA|USDA|VA) 1 $245,000 $245,000 $2,936 4.63%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $105,000 $105,000 $2,589 3.88%
    Meadville, PA (FHA|USDA|VA) 1 $105,000 $105,000 $3,285 4.88%
    ROCHESTER, NY (FHA|USDA|VA) 1 $95,000 $95,000 $3,657 5.00%
    Red Bluff, CA (FHA|USDA|VA) 1 $85,000 $85,000 $3,414 5.75%
    Indiana, PA (FHA|USDA|VA) 1 $85,000 $85,000 $994 5.40%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $75,000 $75,000 $504 7.40%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $65,000 $65,000 $319 7.65%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $65,000 $65,000 $746 7.35%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $55,000 $55,000 $1,364 7.75%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $55,000 $55,000 $1,994 7.50%
    Easton, MD (FHA|USDA|VA) 1 $45,000 $45,000 $454 7.50%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $35,000 $35,000 $790 7.70%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $35,000 $35,000 $980 7.45%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $25,000 $25,000 $484 5.20%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.25%
    Intouch Credit Union's top markets include Dallas, Las Vegas, Detroit, Washington, and Phoenix among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • Similar Lenders

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

    NEIGHBORHOOD
    Similarity Rank: 200
    Nevada Mortgage Inc.
    Similarity Rank: 363
    TEXANS
    Similarity Rank: 416
    ONE NEVADA CREDIT UNION
    Similarity Rank: 700
    AMERICAN HERITAGE CAPITAL, L.P.
    Similarity Rank: 780
    LOGIX FEDERAL CREDIT UNION
    Similarity Rank: 828
    HIGHLAND HOMELOANS, LLC
    Similarity Rank: 870
    CAPITAL PLUS FINANCIAL, LLC
    Similarity Rank: 897
    Credit Union 1
    Similarity Rank: 944
    CRESTMARK MORTGAGE COMPANY, LTD.
    Similarity Rank: 992

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 317 $64,945,000 $204,874 $2,356 5.46%

    For 2018, Intouch Credit Union's most frequently originated type of loan was Conventional, with 317 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 137 $42,255,000 $308,431 $3,067 4.54%
    Home Improvement 55 $3,015,000 $54,818 $673 6.86%
    Other 46 $2,310,000 $50,217 $601 7.07%
    Cash Out Refi 44 $10,490,000 $238,409 $4,565 4.90%
    Refi 35 $6,875,000 $196,429 $1,886 5.46%

    For 2018, Intouch Credit Union's most frequently cited loan purpose was Home Purchase, with 137 originations. The 2nd most popular reason was Home Improvement, with 55 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 145 $47,255,000 $325,897 $3,511 4.65%
    15 Year 90 $9,930,000 $110,333 $1,401 6.09%
    10 Year 33 $1,855,000 $56,212 $601 7.03%
    5 Year 27 $865,000 $32,037 $363 6.62%
    20 Year 21 $5,025,000 $239,286 $3,930 4.41%
    Other 1 $15,000 $15,000 $150 5.30%

    For 2018, Intouch Credit Union's most frequently cited loan duration was 30 Year, with 145 originations. The 2nd most popular length was 15 Year, with 90 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 195 $24,615,000 $126,231
    $1k-2k 96 $28,600,000 $297,917
    $2k-3k 9 $3,515,000 $390,556
    $4k-5k 6 $4,100,000 $683,333
    $3k-4k 4 $3,110,000 $777,500
    $5k+ 1 $445,000 $445,000

    Intouch Credit Union's average total fees were $3,511, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 195 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 167 $51,405,000 $307,814
    7-8% 78 $3,630,000 $46,538
    5-6% 49 $6,615,000 $135,000
    3-4% 12 $2,870,000 $239,167
    6-7% 11 $425,000 $38,636

    During 2018, Intouch Credit Union's average interest rate for loans was 4.65%, while their most frequently originated rate bucket for loans was 4-5%, with 167 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 117 $5,485,000 $46,880 $680 6.83%
    $200k-400k 93 $26,595,000 $285,968 $3,415 4.53%
    $100k-200k 70 $10,580,000 $151,143 $2,500 4.85%
    $400k-600k 25 $11,585,000 $463,400 $3,466 4.58%
    $600k-1MM 9 $6,895,000 $766,111 $6,668 4.61%
    $1MM+ 3 $3,805,000 $1,268,333 $8,126 4.71%

    2018 saw Intouch Credit Union place emphasis on $100,000 or less loans with 117 originations, totaling $5,485,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 81 $12,435,000 $153,519 $1,955 5.66%
    $150k-250k 74 $21,790,000 $294,459 $2,815 5.01%
    $100k-150k 70 $11,340,000 $162,000 $2,225 5.59%
    $50k-75k 47 $5,455,000 $116,064 $1,935 5.66%
    $50k or less 27 $2,145,000 $79,444 $1,124 5.79%
    $250k+ 18 $11,780,000 $654,444 $5,656 4.87%

    Intouch Credit Union lent most frequently to those with incomes in the $75k-100k range, with 81 originations. The second most popular income band? $150k-250k, with 74 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 83 $15,185,000 $182,952 $2,087 5.46%
    30-36% 69 $15,805,000 $229,058 $2,478 5.23%
    <20% 26 $2,740,000 $105,385 $1,194 5.32%
    47% 15 $2,535,000 $169,000 $1,975 5.70%
    37% 13 $3,355,000 $258,077 $3,726 5.89%
    43% 12 $2,570,000 $214,167 $2,430 4.98%
    36% 12 $2,600,000 $216,667 $2,495 5.61%
    49% 12 $1,640,000 $136,667 $2,181 5.95%
    46% 11 $1,635,000 $148,636 $2,059 5.97%
    39% 11 $3,405,000 $309,545 $3,528 5.06%
    41% 11 $2,885,000 $262,273 $2,851 5.40%
    48% 9 $1,555,000 $172,778 $2,093 5.91%
    45% 8 $840,000 $105,000 $1,761 6.19%
    42% 6 $3,000,000 $500,000 $5,288 4.71%
    40% 6 $2,750,000 $458,333 $4,255 4.99%
    44% 5 $955,000 $191,000 $2,069 5.00%
    50-60% 4 $420,000 $105,000 $1,906 6.71%
    38% 3 $1,045,000 $348,333 $1,625 5.93%
    >60% 1 $25,000 $25,000 $662 6.75%

    Intouch Credit Union lent most frequently to those with DTI ratios of 20-30%, with 83 originations. The next most common DTI ratio? 30-36%, with 69 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 216 $42,340,000 $196,019 $2,223 5.37%
    Not provided 56 $14,980,000 $267,500 $3,399 5.38%
    Asian 19 $4,825,000 $253,947 $2,031 5.12%
    Black 23 $2,005,000 $87,174 $1,423 6.61%
    American Indian 1 $565,000 $565,000 $4,794 4.50%
    Native Hawaiian or Islander 2 $230,000 $115,000 $724 7.58%

    Approval Rates

    Total approvals of all applications
    72.03%

    Intouch Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    49.84%

    Intouch Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 317 $64,945,000 $204,874

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 317 $64,945,000 $204,874

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 43 $4,115,000 $95,698 $1,407 6.17%
    40-60% 40 $7,540,000 $188,500 $2,400 4.68%
    60-80% 108 $34,850,000 $322,685 $3,460 4.63%
    80-100% 48 $15,440,000 $321,667 $3,586 4.62%
    Under 20% 78 $3,000,000 $38,462 $591 7.14%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Integrity First Financial Group VA mortgage Closing on a mortgage 1 100.0%