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 Cash Out Refi, Refi, and Home Purchase 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 8 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% 5/14/24
    30 Year Conventional Refi 6.32% 5/14/24
    30 Year Cash-out Refi 6.77% 5/14/24
    15 Year Conventional Purchase 5.68% 5/14/24
    15 Year Conventional Refi 6.18% 5/14/24
    15 Year Cash-out Refi 6.18% 5/14/24
    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

    323

    Origination Dollar Volume (All Markets)

    $71,535,000

    Awards

    Triangle Credit Union 30 Year Conventional Loans gold Triangle Credit Union 30 Year Conventional Loans gold Triangle Credit Union 30 Year Conventional Loans silver Triangle Credit Union 30 Year Conventional Loans bronze
    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) 229 $46,725,000 $204,039 $2,101 3.96%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 55 $14,635,000 $266,091 $2,441 4.02%
    Concord, NH (FHA|USDA|VA) 23 $5,365,000 $233,261 $2,136 3.84%
    Laconia, NH (FHA|USDA|VA) 6 $1,530,000 $255,000 $2,183 4.00%
    Outside of Metro Areas 2 $1,200,000 $600,000 $2,158 4.19%
    Lebanon, NH-VT (FHA|USDA|VA) 4 $1,120,000 $280,000 $2,324 3.63%
    WORCESTER, MA-CT (FHA|USDA|VA) 2 $600,000 $300,000 $2,714 5.06%
    Keene, NH (FHA|USDA|VA) 2 $360,000 $180,000 $2,246 3.38%
    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.

    Piscataqua Savings Bank
    Similarity Rank: 118
    First Ipswich Bank
    Similarity Rank: 139
    NEW HAMPSHIRE
    Similarity Rank: 280
    Middlesex Savings Bank
    Similarity Rank: 310
    St. Anne's Credit Union of Fall River, Mass.
    Similarity Rank: 417
    QUINCY CREDIT UNION
    Similarity Rank: 435
    Members Plus Credit Union
    Similarity Rank: 505
    Sharon & Crescent United Credit Union
    Similarity Rank: 525
    Bristol County Savings Bank
    Similarity Rank: 544
    Milford Federal Bank
    Similarity Rank: 570

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 323 $71,535,000 $221,471 $2,174 3.96%

    For 2019, Triangle Credit Union's most frequently originated type of loan was Conventional, with 323 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 123 $28,285,000 $229,959 $2,261 3.87%
    Refi 89 $19,725,000 $221,629 $2,174 3.88%
    Home Purchase 84 $21,070,000 $250,833 $2,432 3.95%
    Home Improvement 15 $1,715,000 $114,333 $1,327 4.68%
    Other 12 $740,000 $61,667 $704 4.77%

    For 2019, Triangle Credit Union's most frequently cited loan purpose was Cash Out Refi, with 123 originations. The 2nd most popular reason was Refi, with 89 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 116 $26,670,000 $229,914 $2,345 3.98%
    30+ year 78 $19,510,000 $250,128 $2,324 3.61%
    15 Year 59 $11,005,000 $186,525 $2,012 3.74%
    Other 27 $7,545,000 $279,444 $2,274 4.81%
    20 Year 24 $4,420,000 $184,167 $1,913 4.02%
    10 Year 19 $2,385,000 $125,526 $1,009 4.77%

    For 2019, Triangle Credit Union's most frequently cited loan duration was 30 Year, with 116 originations. The 2nd most popular length was 30+ year, with 78 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 296 $63,340,000 $213,986
    $5k+ 1 $605,000 $605,000

    Triangle Credit Union's average total fees were $2,345, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 296 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 214 $49,970,000 $233,505
    4-5% 78 $15,390,000 $197,308
    5-6% 23 $4,525,000 $196,739
    2.5-3% 6 $1,370,000 $228,333
    7-8% 1 $25,000 $25,000

    During 2019, Triangle Credit Union's average interest rate for loans was 3.98%, while their most frequently originated rate bucket for loans was 3-4%, with 214 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 136 $36,670,000 $269,632 $2,348 3.84%
    $100k-200k 117 $17,775,000 $151,923 $2,064 3.90%
    $100,000 or less 41 $2,345,000 $57,195 $1,298 4.56%
    $400k-600k 25 $11,515,000 $460,600 $2,771 3.97%
    $600k-1MM 3 $2,155,000 $718,333 $7,129 3.67%
    $1MM+ 1 $1,075,000 $1,075,000 $0 4.75%

    2019 saw Triangle Credit Union place emphasis on $200k-400k loans with 136 originations, totaling $36,670,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 76 $17,590,000 $231,447 $2,108 3.92%
    $50k-75k 67 $10,255,000 $153,060 $1,968 3.88%
    $75k-100k 65 $12,425,000 $191,154 $2,149 3.99%
    $150k-250k 47 $14,175,000 $301,596 $2,369 3.94%
    $50k or less 29 $4,005,000 $138,103 $2,036 3.79%
    $250k+ 18 $6,950,000 $386,111 $3,002 3.57%

    Triangle Credit Union lent most frequently to those with incomes in the $100k-150k range, with 76 originations. The second most popular income band? $50k-75k, with 67 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 76 $17,850,000 $234,868 $2,234 3.85%
    30-36% 70 $15,270,000 $218,143 $2,146 3.91%
    <20% 20 $3,740,000 $187,000 $1,987 3.89%
    37% 15 $3,105,000 $207,000 $1,987 3.87%
    43% 13 $2,715,000 $208,846 $2,589 3.85%
    41% 12 $2,770,000 $230,833 $2,082 3.94%
    38% 11 $1,975,000 $179,545 $2,221 3.90%
    47% 11 $2,565,000 $233,182 $2,325 3.78%
    42% 10 $1,860,000 $186,000 $2,020 4.05%
    39% 9 $1,825,000 $202,778 $2,187 3.88%
    44% 9 $1,855,000 $206,111 $2,177 3.65%
    45% 9 $1,535,000 $170,556 $2,086 4.15%
    40% 8 $1,670,000 $208,750 $2,035 3.95%
    46% 6 $1,090,000 $181,667 $2,305 3.89%
    36% 5 $905,000 $181,000 $1,851 3.82%
    49% 5 $1,335,000 $267,000 $2,398 3.40%
    50-60% 4 $770,000 $192,500 $2,093 3.63%
    >60% 2 $520,000 $260,000 $2,276 3.63%
    48% 2 $290,000 $145,000 $1,873 4.37%

    Triangle Credit Union lent most frequently to those with DTI ratios of 20-30%, with 76 originations. The next most common DTI ratio? 30-36%, with 70 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 299 $64,775,000 $216,639 $2,178 3.91%
    Not applicable 17 $5,185,000 $305,000 $0 4.98%
    Not provided 4 $940,000 $235,000 $2,240 3.72%
    Asian Indian 1 $355,000 $355,000 $0 3.63%
    Asian 1 $255,000 $255,000 $2,202 5.25%
    Black 1 $25,000 $25,000 $626 4.99%

    Approval Rates

    Total approvals of all applications
    88.73%

    Triangle Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    73.07%

    Triangle Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 323 $71,535,000 $221,471

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 8 $2,740,000 $342,500
    Single Family (1-4 Units):Site-Built 315 $68,795,000 $218,397

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 27 $2,935,000 $108,704 $1,859 3.87%
    40-60% 63 $11,585,000 $183,889 $2,057 3.76%
    60-80% 142 $37,720,000 $265,634 $2,404 3.95%
    80-100% 69 $18,165,000 $263,261 $2,316 3.85%
    Over 100% 1 $175,000 $175,000 $0 6.00%
    Under 20% 21 $955,000 $45,476 $840 5.04%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    TRANSUNION INTERMEDIATE HOLDINGS, INC. Other type of mortgage Incorrect information on your report 1 20.0%
    TRANSUNION INTERMEDIATE HOLDINGS, INC. VA mortgage Struggling to pay mortgage 1 20.0%
    TRANSUNION INTERMEDIATE HOLDINGS, INC. Conventional home mortgage Trouble during payment process 2 40.0%
    TRANSUNION INTERMEDIATE HOLDINGS, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 20.0%