Capital Educators Federal Credit Union Mortgage Rates, Fees & Info

Meridian, ID

LEI: 549300LYL7JC81I5DV55

Tax ID: 82-0212120

5 stars - Updated: 4/5/25 - out of 5 stars, based on 22 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Capital Educators Federal Credit Union is a smaller credit union specializing in Home Improvement and Home Purchase loans. Capital Educators Federal Credit Union has a high proportion of conventional loans. Capital Educators Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Boise City, Twin Falls, Mountain Home, Idaho Falls, and Rexburg among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Capital Educators 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. Capital Educators 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
    30 Year Conventional Purchase 6.22% 4/5/25
    30 Year Conventional Refi 5.77% 4/5/25
    30 Year Cash-out Refi 6.09% 4/5/25
    30 Year VA Refi 6.72% 4/5/25
    15 Year Conventional Purchase 6.64% 4/5/25
    15 Year Conventional Refi 6.19% 4/5/25
    15 Year Cash-out Refi 6.19% 4/5/25
    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.

    Capital Educators 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 Capital Educators 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

    470

    Origination Dollar Volume (All Markets)

    $71,710,000

    Awards

    CAPITAL EDUCATORS FEDERAL CREDIT UNION 30 Year Conventional Loans gold CAPITAL EDUCATORS FEDERAL CREDIT UNION 30 Year Conventional Loans gold
    Show all (2) awards

    Relative Rate

    Capital Educators Federal Credit Union's average 30 year fixed mortgage rate was 5.95%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.6%.

    Relative Fees (Closing Costs)

    Capital Educators Federal Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $7,076.

    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 $8,356.

    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
    BOISE CITY, ID (FHA|USDA|VA) 423 $60,235,000 $142,400 $4,081 6.59%
    TWIN FALLS, ID (FHA|USDA|VA) 15 $2,715,000 $181,000 $2,621 6.77%
    Mountain Home, ID (FHA|USDA|VA) 5 $2,015,000 $403,000 $2,712 7.34%
    IDAHO FALLS, ID (FHA|USDA|VA) 3 $1,785,000 $595,000 $0 7.22%
    Outside of Metro Areas 9 $1,745,000 $193,889 $7,860 7.04%
    Rexburg, ID (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 6.50%
    Ontario, OR-ID (FHA|USDA|VA) 10 $1,140,000 $114,000 $2,307 6.32%
    BILLINGS, MT (FHA|USDA|VA) 1 $605,000 $605,000 $0 7.25%
    POCATELLO, ID (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    Outside of Metro Areas 1 $105,000 $105,000 $0 0.00%
    Burley, ID (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Capital Educators Federal Credit Union's top markets include Boise City, Twin Falls, Mountain Home, Idaho Falls, and Rexburg among others.

    Their top states include:
  • Idaho (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)

    • Similar Lenders

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

    CAPITAL EDUCATORS FEDERAL CREDIT UNION
    Similarity Rank: 253
    HOMEAMERICAN MORTGAGE CORPORATION
    Similarity Rank: 624
    First Federal Savings Bank of Twin Falls
    Similarity Rank: 688
    WESTMARK Credit Union
    Similarity Rank: 1072
    Shea Mortgage Inc.
    Similarity Rank: 1122
    D. L. Evans Bank
    Similarity Rank: 1426
    HORIZON
    Similarity Rank: 1971
    CLM MORTGAGE, INC
    Similarity Rank: 2233
    RESIDENTIAL MORTGAGE, LLC
    Similarity Rank: 2592
    EAGLE HOME MORTGAGE, LLC
    Similarity Rank: 2783

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 287 $25,585,000 $89,146 $0 0.00%
    Conventional 183 $46,125,000 $252,049 $4,015 6.62%

    For 2024, Capital Educators Federal Credit Union's most frequently originated type of loan was Conventional, with 287 originations. Their 2nd most popular type was Conventional, with 183 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 187 $14,665,000 $78,422 $408 7.83%
    Other 94 $7,950,000 $84,574 $498 7.60%
    Cash Out Refi 89 $11,875,000 $133,427 $2,754 6.65%
    Home Purchase 86 $32,270,000 $375,233 $7,110 6.05%
    Refi 14 $4,950,000 $353,571 $3,290 5.97%

    For 2024, Capital Educators Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 187 originations. The 2nd most popular reason was Other, with 94 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 287 $25,585,000 $89,146 $0 0.00%
    30 Year 74 $23,190,000 $313,378 $7,076 5.95%
    15 Year 70 $9,360,000 $133,714 $1,812 7.29%
    10 Year 35 $13,155,000 $375,857 $153 7.31%
    5 Year 3 $35,000 $11,667 $230 0.00%
    20 Year 1 $385,000 $385,000 $7,838 5.38%

    For 2024, Capital Educators Federal Credit Union's most frequently cited loan duration was Other, with 287 originations. The 2nd most popular length was 30 Year, with 74 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 70 $5,170,000 $73,857
    $3k-4k 27 $6,985,000 $258,704
    $4k-5k 27 $9,095,000 $336,852
    $5k+ 18 $9,010,000 $500,556
    $2k-3k 16 $2,570,000 $160,625
    $1k-2k 7 $1,025,000 $146,429

    Capital Educators Federal Credit Union's average total fees were $7,076, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 70 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 61 $20,705,000 $339,426
    7-8% 51 $11,505,000 $225,588
    5-6% 39 $10,165,000 $260,641
    Over 8% 19 $1,405,000 $73,947
    4-5% 10 $2,310,000 $231,000
    <2.5% 3 $35,000 $11,667

    During 2024, Capital Educators Federal Credit Union's average interest rate for loans was 5.95%, while their most frequently originated rate bucket for loans was 6-7%, with 61 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 226 $12,580,000 $55,664 $316 7.28%
    $100k-200k 130 $15,710,000 $120,846 $2,357 6.40%
    $200k-400k 86 $24,090,000 $280,116 $6,727 6.15%
    $400k-600k 19 $9,895,000 $520,789 $9,838 6.57%
    $600k-1MM 5 $3,485,000 $697,000 $12,314 6.79%
    $1MM+ 4 $5,950,000 $1,487,500 $0 6.99%

    2024 saw Capital Educators Federal Credit Union place emphasis on $100,000 or less loans with 226 originations, totaling $12,580,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 114 $14,100,000 $123,684 $3,304 6.62%
    $75k-100k 101 $9,905,000 $98,069 $2,945 6.75%
    $50k-75k 100 $12,190,000 $121,900 $4,472 6.45%
    $150k-250k 76 $13,470,000 $177,237 $4,836 7.06%
    $50k or less 35 $3,815,000 $109,000 $3,789 5.80%
    $250k+ 19 $6,235,000 $328,158 $7,506 6.73%

    Capital Educators Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 114 originations. The second most popular income band? $75k-100k, with 101 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 287 $25,585,000 $89,146 $0 0.00%
    20-30% 39 $7,955,000 $203,974 $3,737 6.69%
    30-36% 23 $4,155,000 $180,652 $3,786 6.74%
    42% 16 $2,570,000 $160,625 $2,615 7.20%
    <20% 13 $1,725,000 $132,692 $2,373 6.55%
    41% 10 $2,240,000 $224,000 $4,346 6.52%
    40% 9 $1,225,000 $136,111 $2,263 7.37%
    39% 8 $1,520,000 $190,000 $4,905 6.18%
    44% 7 $1,895,000 $270,714 $5,961 5.71%
    48% 7 $1,885,000 $269,286 $5,989 5.41%
    49% 7 $2,405,000 $343,571 $7,322 5.71%
    38% 6 $1,490,000 $248,333 $4,383 5.84%
    37% 5 $1,015,000 $203,000 $3,146 6.63%
    36% 4 $280,000 $70,000 $562 7.41%
    46% 3 $865,000 $288,333 $7,113 6.21%
    45% 3 $925,000 $308,333 $6,240 7.13%
    43% 3 $1,125,000 $375,000 $7,910 6.46%
    47% 2 $580,000 $290,000 $6,847 5.88%

    Capital Educators Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 287 originations. The next most common DTI ratio? 20-30%, with 39 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 417 $55,475,000 $133,034 $4,060 6.58%
    Not applicable 17 $10,895,000 $640,882 $0 7.06%
    Not provided 26 $4,260,000 $163,846 $3,288 6.69%
    American Indian 2 $380,000 $190,000 $6,804 6.25%
    Black 2 $370,000 $185,000 $6,774 5.88%
    Asian 5 $285,000 $57,000 $636 6.38%
    Native Hawaiian or Islander 1 $45,000 $45,000 $0 7.49%

    Approval Rates

    Total approvals of all applications
    84.49%

    Capital Educators Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    81.70%

    Capital Educators Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 287 $25,585,000 $89,146
    NA 183 $46,125,000 $252,049

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    470 $71,710,000 $152,574

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 29 $5,175,000 $178,448 $2,208 6.67%
    40-60% 24 $9,120,000 $380,000 $6,077 6.48%
    60-80% 41 $17,265,000 $421,098 $7,481 6.35%
    80-100% 31 $11,085,000 $357,581 $7,569 5.96%
    Under 20% 58 $3,480,000 $60,000 $322 7.20%