Triangle Credit Union Mortgage Rates, Fees & Info

Nashua, NH

LEI: 549300MUCZWG8XJCW607

Tax ID: 02-0223137

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

    Triangle Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. Triangle Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Manchester, Boston, Concord, Laconia, and Lebanon among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Triangle 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. Triangle 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 6.40% 10/31/24
    30 Year Conventional Refi 6.32% 10/31/24
    30 Year Cash-out Refi 6.77% 10/31/24
    15 Year Conventional Purchase 5.68% 10/31/24
    15 Year Conventional Refi 6.18% 10/31/24
    15 Year Cash-out Refi 6.18% 10/31/24
    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.

    Triangle Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Triangle 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

    116

    Origination Dollar Volume (All Markets)

    $35,640,000

    Awards

    Triangle Credit Union 30 Year Conventional Loans gold Triangle Credit Union 30 Year Conventional Loans silver Triangle Credit Union 30 Year Conventional Loans gold Triangle Credit Union 30 Year Conventional Loans gold
    Show all (4) 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
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 80 $23,880,000 $298,500 $2,663 3.53%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 19 $5,335,000 $280,789 $3,019 3.48%
    Concord, NH (FHA|USDA|VA) 11 $3,785,000 $344,091 $3,539 3.51%
    Laconia, NH (FHA|USDA|VA) 3 $1,555,000 $518,333 $3,136 5.08%
    Lebanon, NH-VT (FHA|USDA|VA) 2 $720,000 $360,000 $2,996 3.38%
    Keene, NH (FHA|USDA|VA) 1 $365,000 $365,000 $2,835 5.38%
    Triangle Credit Union's top markets include Manchester, Boston, Concord, Laconia, and Lebanon among others.

    Their top states include:
  • New Hampshire (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)

    • Similar Lenders

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

    Triangle Credit Union
    Similarity Rank: 30
    QUINCY CREDIT UNION
    Similarity Rank: 50
    Direct Federal Credit Union
    Similarity Rank: 115
    Sharon & Crescent United Credit Union
    Similarity Rank: 168
    Middlesex Savings Bank
    Similarity Rank: 195
    Piscataqua Savings Bank
    Similarity Rank: 200
    ALIGN CREDIT UNION
    Similarity Rank: 200
    Mascoma Bank
    Similarity Rank: 345
    North Easton Savings Bank
    Similarity Rank: 348
    St. Anne's Credit Union of Fall River, Mass.
    Similarity Rank: 357

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 115 $35,365,000 $307,522 $2,822 3.58%
    HELOC 1 $275,000 $275,000 n/a 2.75%

    For 2022, Triangle Credit Union's most frequently originated type of loan was Conventional, with 115 originations. Their 2nd most popular type was HELOC, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 43 $14,525,000 $337,791 $3,202 3.94%
    Cash Out Refi 39 $12,095,000 $310,128 $2,625 3.30%
    Refi 28 $6,810,000 $243,214 $2,527 3.44%
    Home Improvement 6 $2,210,000 $368,333 $2,788 3.38%

    For 2022, Triangle Credit Union's most frequently cited loan purpose was Home Purchase, with 43 originations. The 2nd most popular reason was Cash Out Refi, with 39 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30+ year 60 $19,440,000 $324,000 $2,962 3.27%
    30 Year 35 $10,705,000 $305,857 $2,739 3.93%
    15 Year 8 $1,490,000 $186,250 $2,222 3.23%
    Other 7 $2,865,000 $409,286 $2,911 4.39%
    20 Year 5 $1,075,000 $215,000 $2,547 4.05%
    10 Year 1 $65,000 $65,000 $2,120 4.00%

    For 2022, Triangle Credit Union's most frequently cited loan duration was 30+ year, with 60 originations. The 2nd most popular length was 30 Year, with 35 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 109 $33,295,000 $305,459

    Triangle Credit Union's average total fees were $2,739, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 109 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 47 $14,065,000 $299,255
    2.5-3% 42 $12,720,000 $302,857
    4-5% 15 $5,155,000 $343,667
    5-6% 12 $3,700,000 $308,333

    During 2022, Triangle Credit Union's average interest rate for loans was 3.93%, while their most frequently originated rate bucket for loans was 3-4%, with 47 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 67 $19,645,000 $293,209 $2,658 3.72%
    $100k-200k 22 $3,380,000 $153,636 $2,364 3.31%
    $400k-600k 19 $9,255,000 $487,105 $3,924 3.49%
    $100,000 or less 4 $320,000 $80,000 $1,991 3.16%
    $600k-1MM 4 $3,040,000 $760,000 $3,720 3.50%

    2022 saw Triangle Credit Union place emphasis on $200k-400k loans with 67 originations, totaling $19,645,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 32 $10,140,000 $316,875 $2,688 3.58%
    $75k-100k 23 $5,275,000 $229,348 $2,583 3.89%
    $50k-75k 21 $4,335,000 $206,429 $2,427 3.27%
    $150k-250k 19 $7,695,000 $405,000 $3,576 3.41%
    $250k+ 12 $5,440,000 $453,333 $3,034 3.47%
    $50k or less 5 $965,000 $193,000 $2,902 3.30%

    Triangle Credit Union lent most frequently to those with incomes in the $100k-150k range, with 32 originations. The second most popular income band? $75k-100k, with 23 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 29 $7,885,000 $271,897 $2,588 3.36%
    30-36% 21 $6,895,000 $328,333 $3,131 3.88%
    42% 7 $2,355,000 $336,429 $2,737 3.48%
    38% 6 $1,660,000 $276,667 $2,583 3.29%
    44% 6 $1,810,000 $301,667 $2,693 3.58%
    41% 5 $1,325,000 $265,000 $2,563 3.78%
    45% 5 $975,000 $195,000 $2,356 3.38%
    37% 5 $995,000 $199,000 $2,404 3.18%
    39% 5 $2,415,000 $483,000 $4,560 3.35%
    <20% 4 $1,590,000 $397,500 $2,701 2.97%
    40% 4 $1,130,000 $282,500 $2,495 3.91%
    46% 3 $755,000 $251,667 $2,482 3.25%
    >60% 3 $1,215,000 $405,000 $3,040 4.16%
    36% 2 $600,000 $300,000 $2,751 4.19%
    43% 2 $440,000 $220,000 $2,420 3.50%
    47% 1 $365,000 $365,000 $2,758 2.75%
    48% 1 $505,000 $505,000 $2,604 2.75%
    49% 1 $345,000 $345,000 $3,038 4.25%

    Triangle Credit Union lent most frequently to those with DTI ratios of 20-30%, with 29 originations. The next most common DTI ratio? 30-36%, with 21 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 94 $28,910,000 $307,553 $2,857 3.48%
    Not provided 11 $3,085,000 $280,455 $2,658 3.35%
    Not applicable 4 $1,790,000 $447,500 $3,085 4.75%
    Asian 2 $770,000 $385,000 $2,983 5.06%
    Black 3 $575,000 $191,667 $2,255 4.33%
    2 $510,000 $255,000 $2,601 4.44%

    Approval Rates

    Total approvals of all applications
    88.30%

    Triangle Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    -10.34%

    Triangle 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 116 $35,640,000 $307,241

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    116 $35,640,000 $307,241

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 11 $1,405,000 $127,727 $2,247 3.01%
    40-60% 23 $5,625,000 $244,565 $2,454 3.65%
    60-80% 52 $18,640,000 $358,462 $2,786 3.43%
    80-100% 28 $9,770,000 $348,929 $3,437 3.94%
    Under 20% 2 $200,000 $100,000 $2,120 4.63%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    TRANSUNION INTERMEDIATE HOLDINGS, INC. Conventional home mortgage Incorrect information on your report 1 50.0%
    TRANSUNION INTERMEDIATE HOLDINGS, INC. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 50.0%