Northwest Federal Credit Union Mortgage Rates, Fees & Info
Herndon, VALEI: 549300OSZK2W0WJYS771
Tax ID: 53-0216888
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Mortgage Data
Review & Overview
Northwest Federal Credit Union is a smaller credit union specializing in Home Improvement, Cash Out Refi, and Home Purchase loans. Northwest Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Washington, Raleigh, Miami, Palm Bay, and Atlanta among others. We have data for 180 markets. (Some data included below & more in-depth data is available with an active subscription.)Northwest 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. Northwest 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 7.16% | 4/28/24 |
| 30 Year Conventional Purchase | 6.31% | 4/28/24 |
| 30 Year Conventional Refi | 6.11% | 4/28/24 |
| 30 Year Cash-out Refi | 6.35% | 4/28/24 |
| 30 Year VA Purchase | 6.64% | 4/28/24 |
| 15 Year Conventional Purchase | 5.91% | 4/28/24 |
| 15 Year Conventional Refi | 5.65% | 4/28/24 |
| 15 Year Cash-out Refi | 5.65% | 4/28/24 |
| 15 Year VA Purchase | 5.77% | 4/28/24 |
| 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. | ||
Northwest Federal Credit Union Mortgage Calculator
Your Estimates
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This is not an official calculator from Northwest Federal 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
2,083Origination Dollar Volume (All Markets)
$384,225,000Awards
Northwest Federal Credit Union - 2022
Northwest Federal Credit Union is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1,199 | $217,375,000 | $181,297 | $1,934 | 4.90% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 45 | $11,325,000 | $251,667 | $3,846 | 4.65% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 56 | $10,040,000 | $179,286 | $3,293 | 4.59% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 44 | $8,190,000 | $186,136 | $3,156 | 4.79% |
| Outside of Metro Areas | 42 | $6,320,000 | $150,476 | $2,683 | 4.97% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 34 | $6,230,000 | $183,235 | $1,852 | 4.84% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 42 | $5,980,000 | $142,381 | $2,359 | 4.99% |
| RICHMOND, VA (FHA|USDA|VA) | 19 | $4,945,000 | $260,263 | $3,200 | 4.95% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 27 | $4,705,000 | $174,259 | $2,648 | 5.54% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 29 | $4,595,000 | $158,448 | $1,618 | 5.13% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 25 | $4,025,000 | $161,000 | $2,527 | 4.78% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 15 | $3,795,000 | $253,000 | $4,098 | 3.97% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 20 | $3,400,000 | $170,000 | $2,749 | 4.50% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 10 | $3,180,000 | $318,000 | $4,536 | 4.35% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 11 | $3,025,000 | $275,000 | $5,396 | 4.49% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 9 | $2,845,000 | $316,111 | $3,008 | 4.93% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 6 | $2,760,000 | $460,000 | $6,623 | 4.29% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 11 | $2,585,000 | $235,000 | $3,733 | 4.58% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 12 | $2,550,000 | $212,500 | $3,071 | 5.35% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 16 | $2,550,000 | $159,375 | $2,303 | 4.63% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 12 | $2,270,000 | $189,167 | $4,198 | 4.28% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 16 | $2,070,000 | $129,375 | $1,112 | 5.44% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 9 | $2,015,000 | $223,889 | $2,149 | 4.93% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 8 | $1,980,000 | $247,500 | $4,115 | 4.39% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 15 | $1,865,000 | $124,333 | $2,358 | 4.58% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 8 | $1,700,000 | $212,500 | $3,935 | 4.86% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 10 | $1,490,000 | $149,000 | $2,315 | 4.77% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 10 | $1,480,000 | $148,000 | $2,507 | 4.47% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $1,445,000 | $481,667 | $3,737 | 4.21% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 8 | $1,340,000 | $167,500 | $3,001 | 4.39% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $1,405 | 4.38% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $1,305,000 | $435,000 | $4,179 | 3.83% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 6 | $1,260,000 | $210,000 | $2,123 | 5.21% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $6,048 | 2.92% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 11 | $1,215,000 | $110,455 | $1,660 | 4.82% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 6 | $1,180,000 | $196,667 | $2,110 | 3.52% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 10 | $1,150,000 | $115,000 | $2,131 | 4.75% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 9 | $1,145,000 | $127,222 | $2,750 | 5.53% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 5 | $1,045,000 | $209,000 | $3,335 | 3.70% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 4 | $1,030,000 | $257,500 | $2,943 | 4.03% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 11 | $995,000 | $90,455 | $892 | 5.37% |
| ROANOKE, VA (FHA|USDA|VA) | 6 | $970,000 | $161,667 | $2,003 | 4.88% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $970,000 | $485,000 | $8,581 | 4.31% |
| SAVANNAH, GA (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $2,167 | 4.47% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $6,182 | 4.19% |
| PITTSBURGH, PA (FHA|USDA|VA) | 7 | $835,000 | $119,286 | $2,400 | 5.62% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $2,564 | 4.75% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $820,000 | $205,000 | $2,843 | 4.53% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $4,686 | 4.96% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 5 | $785,000 | $157,000 | $2,227 | 5.80% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 4 | $770,000 | $192,500 | $2,200 | 6.44% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $6,638 | 2.38% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $3,343 | 4.75% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 6 | $740,000 | $123,333 | $1,424 | 5.67% |
| ASHEVILLE, NC (FHA|USDA|VA) | 4 | $730,000 | $182,500 | $2,768 | 5.44% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $3,306 | 4.00% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $2,652 | 4.06% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $6,109 | 5.67% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $955 | 4.72% |
| Hilo, HI (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $4,263 | 3.63% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $3,990 | 4.74% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $330 | 5.08% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $2,473 | 5.50% |
| Key West, FL (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $3,984 | 3.13% |
| WILMINGTON, NC (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $1,730 | 4.81% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $6,006 | 4.87% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $3,190 | 5.19% |
| Adrian, MI (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $3,279 | 3.63% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $2,152 | 5.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $2,665 | 6.31% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $3,640 | 4.79% |
| OCALA, FL (FHA|USDA|VA) | 4 | $510,000 | $127,500 | $2,117 | 4.34% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $6,389 | 6.13% |
| Seneca, SC (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $1,671 | 4.87% |
| Cambridge, MD (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $5,813 | 5.75% |
| HARRISONBURG, VA (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $1,942 | 5.25% |
| LYNCHBURG, VA (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $1,706 | 5.06% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $2,885 | 7.38% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $10,501 | 6.25% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $16,883 | 3.88% |
| Lebanon, NH-VT (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,320 | 3.18% |
| MADISON, WI (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $2,004 | 4.96% |
| GAINESVILLE, GA (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $1,884 | 4.46% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 3.99% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $1,397 | 5.33% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,359 | 3.50% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $2,166 | 4.92% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,019 | 5.75% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $4,439 | 3.58% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,505 | 5.50% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 3.99% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,636 | 3.88% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,969 | 4.13% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,163 | 2.75% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,164 | 5.88% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,940 | 2.88% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,435 | 2.88% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,733 | 2.75% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,907 | 3.25% |
| BURLINGTON, NC (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $2,590 | 4.31% |
| ROCHESTER, NY (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $2,827 | 4.06% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $2,416 | 4.00% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,545 | 3.50% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $1,599 | 5.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,555 | 4.25% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,998 | 4.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $953 | 5.42% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,528 | 7.00% |
| Keene, NH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,277 | 4.13% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.99% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.99% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $1,978 | 3.88% |
| Wilson, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,820 | 6.38% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,236 | 4.88% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $320 | 6.88% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $0 | 5.58% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,453 | 2.75% |
| Sanford, NC (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $2,765 | 5.63% |
| DOVER, DE (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,965 | 5.25% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,015 | 6.38% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 3 | $195,000 | $65,000 | $298 | 5.25% |
| Forest City, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 3.99% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $906 | 5.81% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,507 | 2.75% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $309 | 5.50% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $1,772 | 4.63% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 4.87% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,836 | 5.75% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.25% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,495 | 2.13% |
| MONROE, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,680 | 4.25% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.75% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $973 | 4.88% |
| McAlester, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.99% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,311 | 2.25% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,517 | 4.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,909 | 3.00% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.99% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $287 | 4.50% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 6.99% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.99% |
| Crossville, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.25% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.75% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,581 | 2.63% |
| Fort Polk South, LA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.25% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,573 | 5.63% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $315 | 5.50% |
| BECKLEY, WV (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.75% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.99% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,960 | 7.00% |
| BINGHAMTON, NY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.25% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $287 | 6.63% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.25% |
| Edwards, CO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,118 | 5.75% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $914 | 6.63% |
| READING, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $273 | 5.00% |
| Sonora, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $359 | 4.88% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,583 | 7.63% |
| Lock Haven, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.25% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $271 | 6.00% |
| MORGANTOWN, WV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,118 | 4.75% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $267 | 4.63% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.25% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.99% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.50% |
| JOPLIN, MO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,203 | 5.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 5.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,084 | 3.38% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.99% |
| Boone, NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.99% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $264 | 6.63% |
| Shelby, NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $542 | 5.00% |
| Easton, MD (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.99% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.99% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,293 | 2.13% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 5.74% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $544 | 5.50% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 3.99% |
| Torrington, CT (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $262 | 7.88% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $264 | 6.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against Northwest Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,295 | $289,515,000 | $223,564 | $2,290 | 4.90% |
| HELOC | 776 | $89,590,000 | $115,451 | n/a | 4.79% |
| VA | 12 | $5,120,000 | $426,667 | $10,386 | 5.03% |
For 2022, Northwest Federal Credit Union's most frequently originated type of loan was Conventional, with 1,295 originations. Their 2nd most popular type was HELOC, with 776 originations.
Loan Reason
For 2022, Northwest Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 1,015 originations. The 2nd most popular reason was Cash Out Refi, with 535 originations.
Loan Duration/Length
For 2022, Northwest Federal Credit Union's most frequently cited loan duration was 15 Year, with 1,041 originations. The 2nd most popular length was 30 Year, with 485 originations.
Origination Fees/Closing Costs
Northwest Federal Credit Union's average total fees were $4,529, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,049 originations.
Interest Rates
During 2022, Northwest Federal Credit Union's average interest rate for loans was 4.40%, while their most frequently originated rate bucket for loans was 3-4%, with 567 originations.
Loan Sizing
2022 saw Northwest Federal Credit Union place emphasis on $100,000 or less loans with 839 originations, totaling $47,345,000 in origination value.
Applicant Income
Northwest Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 731 originations. The second most popular income band? $100k-150k, with 540 originations.
Applicant Debt to Income Ratio
Northwest Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 457 originations. The next most common DTI ratio? 30-36%, with 398 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.50%
Northwest Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination75.32%
Northwest Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,083 | $384,225,000 | $184,458 |