Wright-patt Credit Union Mortgage Rates, Fees & Info
BEAVERCREEK, OHLEI: 549300N1YEXP02MHBR47
Tax ID: 31-0278870
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Mortgage Data
Review & Overview
Wright-patt Credit Union is a smaller credit union specializing in Home Improvement and Home Purchase loans. Wright-patt Credit Union has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Dayton, Columbus, Cincinnati, Springfield, and Wilmington among others. We have data for 76 markets. (Some data included below & more in-depth data is available with an active subscription.)Wright-patt 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. Wright-patt 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 relatively high 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
---|---|---|
Home Equity Line of Credit (HELOC) | 6.27% | 12/9/24 |
30 Year Conventional Purchase | 6.75% | 12/9/24 |
30 Year Conventional Refi | 6.64% | 12/9/24 |
30 Year Cash-out Refi | 6.87% | 12/9/24 |
30 Year FHA Purchase | 7.23% | 12/9/24 |
30 Year FHA Refi | 6.27% | 12/9/24 |
30 Year VA Purchase | 6.26% | 12/9/24 |
30 Year VA Refi | 6.11% | 12/9/24 |
30 Year USDA Purchase | 6.65% | 12/9/24 |
15 Year Conventional Purchase | 6.39% | 12/9/24 |
15 Year Conventional Refi | 6.28% | 12/9/24 |
15 Year Cash-out Refi | 6.28% | 12/9/24 |
15 Year FHA Purchase | 6.93% | 12/9/24 |
15 Year VA Purchase | 6.31% | 12/9/24 |
15 Year VA Refi | 5.68% | 12/9/24 |
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. |
Wright-patt Credit Union Mortgage Calculator
Your Estimates
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This is not an official calculator from Wright-patt Credit Union. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
4,594Origination Dollar Volume (All Markets)
$501,580,000WRIGHT-PATT CREDIT UNION - 2023
WRIGHT-PATT CREDIT UNION is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Wright-patt Credit Union's average 30 year fixed mortgage rate was
6.63%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.15%.
Relative Fees (Closing Costs)
Wright-patt Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,791.
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 $9,089.
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 |
---|---|---|---|---|---|
DAYTON-KETTERING, OH (FHA|USDA|VA) | 2,414 | $243,000,000 | $100,663 | $2,436 | 8.19% |
COLUMBUS, OH (FHA|USDA|VA) | 770 | $105,290,000 | $136,740 | $2,785 | 8.48% |
CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 544 | $61,410,000 | $112,886 | $2,458 | 8.40% |
SPRINGFIELD, OH (FHA|USDA|VA) | 368 | $32,820,000 | $89,185 | $2,217 | 8.33% |
Outside of Metro Areas | 87 | $9,035,000 | $103,851 | $2,907 | 8.06% |
Wilmington, OH (FHA|USDA|VA) | 93 | $8,025,000 | $86,290 | $2,117 | 8.38% |
Urbana, OH (FHA|USDA|VA) | 91 | $7,735,000 | $85,000 | $2,419 | 8.28% |
Bellefontaine, OH (FHA|USDA|VA) | 18 | $3,790,000 | $210,556 | $3,526 | 7.82% |
Sidney, OH (FHA|USDA|VA) | 32 | $3,080,000 | $96,250 | $2,779 | 8.34% |
Greenville, OH (FHA|USDA|VA) | 33 | $2,445,000 | $74,091 | $1,683 | 8.44% |
Washington Court House, OH (FHA|USDA|VA) | 16 | $1,450,000 | $90,625 | $2,610 | 8.11% |
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 8 | $1,410,000 | $176,250 | $3,275 | 7.25% |
Sevierville, TN (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $4,458 | 7.33% |
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 6 | $870,000 | $145,000 | $2,940 | 8.13% |
Mount Vernon, OH (FHA|USDA|VA) | 6 | $850,000 | $141,667 | $2,815 | 8.46% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $6,904 | 7.13% |
Chillicothe, OH (FHA|USDA|VA) | 6 | $740,000 | $123,333 | $2,368 | 9.14% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $6,253 | 7.33% |
Somerset, KY (FHA|USDA|VA) | 4 | $720,000 | $180,000 | $2,905 | 7.81% |
AKRON, OH (FHA|USDA|VA) | 4 | $690,000 | $172,500 | $7,166 | 7.51% |
PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $7,269 | 6.88% |
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $5,774 | 6.88% |
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $4,548 | 6.75% |
CANTON-MASSILLON, OH (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $4,152 | 5.75% |
NILES, MI (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $3,610 | 7.50% |
ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $2,952 | 6.63% |
Marion, OH (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $4,359 | 7.63% |
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $12,330 | 6.63% |
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $3,308 | 5.94% |
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $1,136 | 6.63% |
TOLEDO, OH (FHA|USDA|VA) | 4 | $410,000 | $102,500 | $2,801 | 7.69% |
Point Pleasant, WV-OH (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $3,693 | 7.83% |
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $6,506 | 7.25% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,796 | 7.63% |
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $8,738 | 6.63% |
LIMA, OH (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $7,373 | 6.63% |
Celina, OH (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $4,753 | 7.88% |
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,007 | 7.63% |
Wapakoneta, OH (FHA|USDA|VA) | 5 | $365,000 | $73,000 | $1,704 | 8.45% |
KNOXVILLE, TN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,307 | 6.13% |
Ashland, OH (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $1,736 | 7.54% |
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,233 | 6.50% |
FORT WAYNE, IN (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $1,119 | 8.89% |
LOUISVILLE, KY (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $1,803 | 7.00% |
Helena, MT (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $8,348 | 7.50% |
Madison, IN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,555 | 6.75% |
BILLINGS, MT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,370 | 5.88% |
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,331 | 6.75% |
Athens, OH (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $4,237 | 6.63% |
New Philadelphia-Dover, OH (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $4,885 | 7.50% |
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,112 | 6.75% |
ERIE, PA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $3,518 | 7.31% |
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,494 | 5.13% |
JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,451 | 7.25% |
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,826 | 6.38% |
Fairmont, WV (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,574 | 6.13% |
Sandusky, OH (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,093 | 7.81% |
Dublin, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,682 | 6.75% |
Coshocton, OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,485 | 6.75% |
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,585 | 6.25% |
Laurinburg, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,444 | 6.50% |
Marietta, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,354 | 5.88% |
ALBANY, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,878 | 6.25% |
PEORIA, IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,515 | 5.38% |
SAVANNAH, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,202 | 6.88% |
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,463 | 6.38% |
MANSFIELD, OH (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 9.00% |
Bluffton, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 11.25% |
Bucyrus-Galion, OH (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $1,608 | 7.19% |
CEDAR RAPIDS, IA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,481 | 6.25% |
Jackson, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,283 | 9.50% |
Tiffin, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 9.75% |
Ludington, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,437 | 6.88% |
Ashtabula, OH (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 9.75% |
Zanesville, OH (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 10.00% |
WHEELING, WV-OH (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 8.25% |
Similar Lenders
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Product Mix
For 2023, Wright-patt Credit Union's most frequently originated type of loan was HELOC, with 2,314 originations. Their 2nd most popular type was Conventional, with 2,112 originations.
Loan Reason
For 2023, Wright-patt Credit Union's most frequently cited loan purpose was Home Improvement, with 1,767 originations. The 2nd most popular reason was Home Purchase, with 1,274 originations.
Loan Duration/Length
For 2023, Wright-patt Credit Union's most frequently cited loan duration was Other, with 2,315 originations. The 2nd most popular length was 30 Year, with 1,274 originations.
Origination Fees/Closing Costs
Wright-patt Credit Union's average total fees were $3,791, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,812 originations.
Interest Rates
During 2023, Wright-patt Credit Union's average interest rate for loans was 6.63%, while their most frequently originated rate bucket for loans was Over 8%, with 2,404 originations.
Loan Sizing
2023 saw Wright-patt Credit Union place emphasis on $100,000 or less loans with 2,957 originations, totaling $145,775,000 in origination value.
Applicant Income
Wright-patt Credit Union lent most frequently to those with incomes in the $100k-150k range, with 1,262 originations. The second most popular income band? $50k-75k, with 978 originations.
Applicant Debt to Income Ratio
Wright-patt Credit Union lent most frequently to those with DTI ratios of 20-30%, with 1,351 originations. The next most common DTI ratio? 30-36%, with 1,014 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications70.40%
Wright-patt Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination79.28%
Wright-patt Credit Union has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 4,594 | $501,580,000 | $109,182 |