One Nevada Credit Union Mortgage Rates, Fees & Info

Las Vegas, NV

LEI: 549300PMVNBERP6TB157

Tax ID: 88-0063564

5 stars - out of 5 stars, based on 38 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    One Nevada Credit Union is a smaller credit union specializing in Refi and Cash Out Refi loans. One Nevada 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.) Their top markets by origination volume include: Las Vegas, Reno, Pahrump, Los Angeles, and Albuquerque among others. We have data for 23 markets. (Some data included below & more in-depth data is available with an active subscription.)

    One Nevada 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. One Nevada 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
    Home Equity Line of Credit (HELOC) 6.27% 1/29/23
    30 Year Conventional Purchase 6.37% 1/29/23
    30 Year Conventional Refi 6.28% 1/29/23
    30 Year Cash-out Refi 6.47% 1/29/23
    30 Year FHA Purchase 6.84% 1/29/23
    30 Year FHA Refi 6.63% 1/29/23
    30 Year VA Purchase 5.82% 1/29/23
    30 Year VA Refi 5.75% 1/29/23
    15 Year Conventional Purchase 5.69% 1/29/23
    15 Year Conventional Refi 5.76% 1/29/23
    15 Year Cash-out Refi 5.76% 1/29/23
    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.


    Originations

    1,459

    Origination Dollar Volume (All Markets)

    $365,935,000
    Show all (12) awards

    Relative Rate

    One Nevada Credit Union's average 30 year fixed mortgage rate was 2.94%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.21%.

    Relative Fees (Closing Costs)

    One Nevada Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $2,712.

    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 $4,750.

    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
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1,313 $324,035,000 $246,790 $2,490 2.88%
    RENO, NV (FHA|USDA|VA) 100 $29,470,000 $294,700 $2,724 2.83%
    Pahrump, NV (FHA|USDA|VA) 17 $2,835,000 $166,765 $2,301 3.24%
    Outside of Metro Areas 4 $1,490,000 $372,500 $3,081 2.63%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $920,000 $460,000 $3,459 2.50%
    ALBUQUERQUE, NM (FHA|USDA|VA) 2 $750,000 $375,000 $4,266 2.63%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $605,000 $605,000 $4,933 3.25%
    Cedar City, UT (FHA|USDA|VA) 2 $580,000 $290,000 $1,933 2.19%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $545,000 $545,000 $3,629 3.13%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $535,000 $535,000 $2,037 2.25%
    Fallon, NV (FHA|USDA|VA) 2 $520,000 $260,000 $2,149 2.81%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $510,000 $255,000 $2,844 2.88%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $425,000 $425,000 $3,951 2.88%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $385,000 $385,000 $2,086 2.63%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $370,000 $185,000 $2,132 3.00%
    LOGAN, UT-ID (FHA|USDA|VA) 1 $345,000 $345,000 $14,808 2.25%
    Crossville, TN (FHA|USDA|VA) 1 $345,000 $345,000 $3,067 2.38%
    Fernley, NV (FHA|USDA|VA) 1 $275,000 $275,000 $3,588 3.00%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $265,000 $265,000 $3,106 2.88%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,786 3.38%
    CORVALLIS, OR (FHA|USDA|VA) 1 $195,000 $195,000 $3,487 3.38%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,631 4.13%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $145,000 $145,000 $1,668 3.13%
    One Nevada Credit Union's top markets include Las Vegas, Reno, Pahrump, Los Angeles, and Albuquerque among others.

    Their top states include:
  • Nevada (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Similar Lenders

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

    Great Basin Federal Credit Union
    Similarity Rank: 348
    ALOHA PACIFIC
    Similarity Rank: 670
    S&S Financial
    Similarity Rank: 816
    SIMPLIFI MORTGAGE, LLC
    Similarity Rank: 1432
    Bank Iowa
    Similarity Rank: 2226
    WINNPOINTE CORPORATION
    Similarity Rank: 2840
    ONE NEVADA CREDIT UNION
    Similarity Rank: 2944
    Credit Union 1
    Similarity Rank: 2958

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,338 $334,400,000 $249,925 $2,323 2.89%
    VA 59 $20,835,000 $353,136 $4,236 2.38%
    FHA 33 $9,115,000 $276,212 $7,542 2.58%
    HELOC 29 $1,585,000 $54,655 n/a 4.00%

    For 2021, One Nevada Credit Union's most frequently originated type of loan was Conventional, with 1,338 originations. Their 2nd most popular type was VA, with 59 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 724 $172,610,000 $238,412 $2,141 2.70%
    Cash Out Refi 488 $126,120,000 $258,443 $2,539 2.97%
    Home Purchase 199 $64,685,000 $325,050 $4,095 2.90%
    Home Improvement 26 $1,490,000 $57,308 $83 4.51%
    Other 22 $1,030,000 $46,818 $220 4.84%

    For 2021, One Nevada Credit Union's most frequently cited loan purpose was Refi, with 724 originations. The 2nd most popular reason was Cash Out Refi, with 488 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,062 $291,370,000 $274,360 $2,712 2.94%
    15 Year 322 $60,380,000 $187,516 $2,047 2.61%
    20 Year 48 $11,390,000 $237,292 $2,012 2.74%
    10 Year 18 $2,120,000 $117,778 $1,509 3.21%
    5 Year 5 $185,000 $37,000 $0 5.70%
    Other 4 $490,000 $122,500 $897 4.44%

    For 2021, One Nevada Credit Union's most frequently cited loan duration was 30 Year, with 1,062 originations. The 2nd most popular length was 15 Year, with 322 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,103 $270,705,000 $245,426
    $1k-2k 236 $64,200,000 $272,034
    $2k-3k 53 $16,705,000 $315,189
    $3k-4k 18 $5,850,000 $325,000
    $5k+ 11 $3,965,000 $360,455
    $4k-5k 9 $2,925,000 $325,000

    One Nevada Credit Union's average total fees were $2,712, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,103 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 711 $183,485,000 $258,066
    3-4% 368 $96,740,000 $262,880
    <2.5% 343 $79,995,000 $233,222
    4-5% 18 $4,780,000 $265,556
    5-6% 16 $810,000 $50,625
    6-7% 3 $125,000 $41,667

    During 2021, One Nevada Credit Union's average interest rate for loans was 2.94%, while their most frequently originated rate bucket for loans was 2.5-3%, with 711 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 785 $220,455,000 $280,834 $2,768 2.87%
    $100k-200k 437 $69,035,000 $157,975 $1,938 2.74%
    $400k-600k 147 $68,375,000 $465,136 $3,401 2.87%
    $100,000 or less 87 $5,765,000 $66,264 $1,284 3.72%
    $600k-1MM 2 $1,250,000 $625,000 $4,856 2.81%
    $1MM+ 1 $1,055,000 $1,055,000 $3,972 3.50%

    2021 saw One Nevada Credit Union place emphasis on $200k-400k loans with 785 originations, totaling $220,455,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 357 $79,475,000 $222,619 $2,561 2.83%
    $75k-100k 307 $77,045,000 $250,961 $2,576 2.93%
    $100k-150k 305 $89,775,000 $294,344 $2,523 2.93%
    $50k or less 274 $49,970,000 $182,372 $2,261 2.85%
    $150k-250k 145 $45,895,000 $316,517 $2,682 2.91%
    $250k+ 46 $15,260,000 $331,739 $2,830 3.03%

    One Nevada Credit Union lent most frequently to those with incomes in the $50k-75k range, with 357 originations. The second most popular income band? $75k-100k, with 307 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 382 $93,120,000 $243,770 $2,320 2.83%
    30-36% 275 $66,685,000 $242,491 $2,382 2.98%
    <20% 217 $51,385,000 $236,797 $2,285 2.70%
    44% 59 $16,045,000 $271,949 $2,565 2.84%
    39% 55 $13,655,000 $248,273 $2,240 3.10%
    42% 54 $13,950,000 $258,333 $2,790 2.94%
    36% 52 $13,780,000 $265,000 $3,194 2.91%
    43% 48 $13,510,000 $281,458 $2,696 3.06%
    37% 44 $11,740,000 $266,818 $2,576 2.86%
    41% 43 $11,605,000 $269,884 $2,967 3.02%
    40% 40 $9,780,000 $244,500 $2,760 2.93%
    38% 39 $9,275,000 $237,821 $2,500 3.06%
    46% 34 $8,710,000 $256,176 $2,846 2.81%
    47% 32 $9,290,000 $290,313 $2,188 2.92%
    49% 30 $8,320,000 $277,333 $2,944 2.94%
    45% 23 $5,635,000 $245,000 $2,579 2.83%
    48% 21 $5,815,000 $276,905 $3,071 2.86%
    50-60% 11 $3,635,000 $330,455 $8,360 2.66%

    One Nevada Credit Union lent most frequently to those with DTI ratios of 20-30%, with 382 originations. The next most common DTI ratio? 30-36%, with 275 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 968 $244,230,000 $252,304 $2,507 2.88%
    Asian 189 $48,295,000 $255,529 $2,421 2.80%
    Not provided 146 $34,710,000 $237,740 $2,499 2.96%
    Black 130 $31,310,000 $240,846 $2,710 2.87%
    American Indian 13 $3,865,000 $297,308 $3,535 2.86%
    Native Hawaiian or Islander 13 $3,525,000 $271,154 $2,610 3.23%

    Approval Rates

    Total approvals of all applications
    84.80%

    One Nevada Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.20%

    One Nevada Credit Union has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,459 $365,935,000 $250,812

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,459 $365,935,000 $250,812

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 157 $22,245,000 $141,688 $1,913 2.67%
    40-60% 409 $87,625,000 $214,242 $2,091 2.69%
    60-80% 601 $172,995,000 $287,845 $2,510 2.96%
    80-100% 241 $79,545,000 $330,062 $3,705 2.82%
    Over 100% 3 $1,035,000 $345,000 $15,068 2.25%
    Under 20% 48 $2,490,000 $51,875 $481 4.51%