Truity Federal Credit Union Mortgage Rates, Fees & Info
Bartlesville, OKLEI: 549300Q1YFRSB8UEGH03
Tax ID: 73-0561962
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Truity Federal Credit Union is a smaller credit union specializing in Home Purchase and Refi loans. Truity Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Lawrence, Houston, Bartlesville, Kansas City, and Fayetteville among others. We have data for 91 markets. (Some data included below & more in-depth data is available with an active subscription.)Truity 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. Truity 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 |
|---|---|---|
| 30 Year Conventional Purchase | 6.30% | 1/29/23 |
| 30 Year Conventional Refi | 6.18% | 1/29/23 |
| 30 Year Cash-out Refi | 6.44% | 1/29/23 |
| 15 Year Conventional Purchase | 5.63% | 1/29/23 |
| 15 Year Conventional Refi | 5.63% | 1/29/23 |
| 15 Year Cash-out Refi | 5.63% | 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
1,090Origination Dollar Volume (All Markets)
$272,030,000Awards
Truity Federal Credit Union - 2021
Truity Federal Credit Union is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Truity Federal Credit Union's average 30 year fixed mortgage rate was
2.88%.
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of -0.27%.
Relative Fees (Closing Costs)
Truity Federal Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $2,376.
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 |
|---|---|---|---|---|---|
| LAWRENCE, KS (FHA|USDA|VA) | 378 | $82,410,000 | $218,016 | $1,626 | 2.74% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 96 | $36,090,000 | $375,938 | $3,500 | 2.73% |
| Bartlesville, OK (FHA|USDA|VA) | 191 | $32,865,000 | $172,068 | $2,693 | 2.79% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 62 | $17,300,000 | $279,032 | $1,733 | 2.70% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 51 | $12,975,000 | $254,412 | $1,947 | 2.67% |
| TULSA, OK (FHA|USDA|VA) | 54 | $11,490,000 | $212,778 | $2,799 | 2.89% |
| ANCHORAGE, AK (FHA|USDA|VA) | 17 | $9,435,000 | $555,000 | $2,295 | 2.61% |
| Outside of Metro Areas | 32 | $8,400,000 | $262,500 | $2,794 | 2.90% |
| TOPEKA, KS (FHA|USDA|VA) | 38 | $6,680,000 | $175,789 | $1,841 | 2.66% |
| MIDLAND, TX (FHA|USDA|VA) | 14 | $5,220,000 | $372,857 | $3,089 | 2.84% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 9 | $3,825,000 | $425,000 | $2,159 | 2.81% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 6 | $3,540,000 | $590,000 | $2,844 | 2.65% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 3 | $2,165,000 | $721,667 | $3,784 | 2.83% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 4 | $1,940,000 | $485,000 | $6,090 | 2.69% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 6 | $1,710,000 | $285,000 | $2,902 | 2.88% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,695,000 | $565,000 | $2,174 | 2.92% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 6 | $1,690,000 | $281,667 | $4,546 | 2.69% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 6 | $1,690,000 | $281,667 | $2,263 | 2.77% |
| AMARILLO, TX (FHA|USDA|VA) | 6 | $1,590,000 | $265,000 | $2,978 | 2.69% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $1,370,000 | $685,000 | $3,166 | 2.75% |
| Carlsbad-Artesia, NM (FHA|USDA|VA) | 5 | $1,355,000 | $271,000 | $1,767 | 2.68% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 4 | $1,300,000 | $325,000 | $3,381 | 2.81% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $1,735 | 3.00% |
| BILLINGS, MT (FHA|USDA|VA) | 3 | $1,045,000 | $348,333 | $3,664 | 2.67% |
| Dickinson, ND (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $1,729 | 2.54% |
| Borger, TX (FHA|USDA|VA) | 4 | $820,000 | $205,000 | $3,497 | 2.91% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $2,276 | 3.25% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 4.35% |
| Ottawa, KS (FHA|USDA|VA) | 6 | $730,000 | $121,667 | $1,857 | 2.90% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $6,906 | 2.69% |
| Coffeyville, KS (FHA|USDA|VA) | 6 | $650,000 | $108,333 | $2,018 | 2.56% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $3,880 | 2.75% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,684 | 3.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,181 | 2.75% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $2,682 | 2.75% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $4,463 | 2.63% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $1,703 | 2.25% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $3,025 | 2.75% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $4,077 | 3.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $2,931 | 2.44% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $2,038 | 2.75% |
| MANHATTAN, KS (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $1,545 | 3.30% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $1,703 | 2.88% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $2,417 | 2.75% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $1,640 | 2.88% |
| Hailey, ID (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $2,900 | 2.75% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $2,076 | 3.00% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,043 | 2.88% |
| Heber, UT (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $2,950 | 3.00% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $1,360 | 2.88% |
| Russellville, AR (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $1,646 | 3.31% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $6,893 | 2.63% |
| Riverton, WY (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,409 | 2.75% |
| Mount Pleasant, MI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,020 | 2.63% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,250 | 3.13% |
| FARMINGTON, NM (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $1,058 | 3.13% |
| Emporia, KS (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 3.95% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,464 | 2.88% |
| Atchison, KS (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,290 | 2.63% |
| Salina, KS (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $1,645 | 2.75% |
| Taos, NM (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,393 | 3.13% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $1,791 | 3.38% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 4.75% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,355 | 2.50% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,075 | 2.50% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,391 | 3.00% |
| SALEM, OR (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,528 | 2.75% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,346 | 2.75% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,532 | 2.50% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,120 | 2.63% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,492 | 2.75% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,454 | 2.25% |
| El Campo, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,165 | 2.75% |
| RENO, NV (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,692 | 2.13% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,878 | 2.75% |
| Pittsburg, KS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,945 | 2.75% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,586 | 2.75% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,403 | 3.00% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,173 | 2.13% |
| Hutchinson, KS (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $1,553 | 3.38% |
| Ponca City, OK (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $3,334 | 2.69% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,238 | 2.38% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,149 | 2.25% |
| Muskogee, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,376 | 2.88% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,132 | 2.50% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,795 | 2.75% |
| JOPLIN, MO (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,947 | 2.88% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,281 | 2.00% |
| Athens, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,168 | 2.75% |
| Parsons, KS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,098 | 3.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $1,511 | 2.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against Truity 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 | 1,090 | $272,030,000 | $249,569 | $2,289 | 2.76% |
For 2021, Truity Federal Credit Union's most frequently originated type of loan was Conventional, with 1,090 originations.
Loan Reason
For 2021, Truity Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 534 originations. The 2nd most popular reason was Refi, with 326 originations.
Loan Duration/Length
For 2021, Truity Federal Credit Union's most frequently cited loan duration was 30 Year, with 654 originations. The 2nd most popular length was 15 Year, with 309 originations.
Origination Fees/Closing Costs
Truity Federal Credit Union's average total fees were $2,376, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,044 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 554 | $146,730,000 | $264,856 |
| <2.5% | 350 | $78,100,000 | $223,143 |
| 3-4% | 176 | $44,780,000 | $254,432 |
| 4-5% | 9 | $2,255,000 | $250,556 |
| 6-7% | 1 | $165,000 | $165,000 |
During 2021, Truity Federal Credit Union's average interest rate for loans was 2.88%, while their most frequently originated rate bucket for loans was 2.5-3%, with 554 originations.
Loan Sizing
2021 saw Truity Federal Credit Union place emphasis on $200k-400k loans with 426 originations, totaling $117,240,000 in origination value.
Applicant Income
Truity Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 256 originations. The second most popular income band? $150k-250k, with 219 originations.
Applicant Debt to Income Ratio
Truity Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 357 originations. The next most common DTI ratio? 30-36%, with 208 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.38%
Truity Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination78.44%
Truity Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,090 | $272,030,000 | $249,569 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| TRIAD FINANCIAL SERVICES, INC. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 9.1% |
| TRIAD FINANCIAL SERVICES, INC. | Conventional home mortgage | Closing on a mortgage | 2 | 18.2% |
| TRIAD FINANCIAL SERVICES, INC. | Conventional home mortgage | Struggling to pay mortgage | 2 | 18.2% |
| TRIAD FINANCIAL SERVICES, INC. | Conventional home mortgage | Trouble during payment process | 5 | 45.5% |
| TRIAD FINANCIAL SERVICES, INC. | Other type of mortgage | Closing on a mortgage | 1 | 9.1% |