Truity Federal Credit Union Mortgage Rates, Fees & Info

Bartlesville, OK

LEI: 549300Q1YFRSB8UEGH03

Tax ID: 73-0561962

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

    Truity Federal Credit Union is a smaller credit union specializing in Home Purchase loans. Truity Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Lawrence, Bartlesville, Houston, Washington, and Fayetteville among others. We have data for 41 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Truity Federal Credit Union has an above 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.

    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 6.45% 4/21/24
    30 Year Conventional Refi 6.31% 4/21/24
    30 Year Cash-out Refi 6.70% 4/21/24
    15 Year Conventional Purchase 5.74% 4/21/24
    15 Year Conventional Refi 5.48% 4/21/24
    15 Year Cash-out Refi 5.48% 4/21/24
    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.

    Truity Federal Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Truity Federal 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

    310

    Origination Dollar Volume (All Markets)

    $62,590,000
    Show all (14) 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
    LAWRENCE, KS (FHA|USDA|VA) 117 $22,505,000 $192,350 $1,585 4.48%
    Bartlesville, OK (FHA|USDA|VA) 46 $7,850,000 $170,652 $2,244 4.43%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 29 $7,045,000 $242,931 $3,318 4.56%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $3,290,000 $1,645,000 $6,477 3.94%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 17 $3,105,000 $182,647 $1,747 4.58%
    TULSA, OK (FHA|USDA|VA) 20 $2,940,000 $147,000 $2,860 4.43%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 13 $2,035,000 $156,538 $1,725 4.54%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $1,150,000 $575,000 $8,512 4.38%
    TOPEKA, KS (FHA|USDA|VA) 8 $1,040,000 $130,000 $1,708 4.34%
    Outside of Metro Areas 6 $930,000 $155,000 $2,461 4.29%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $915,000 $305,000 $1,726 3.88%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 5 $845,000 $169,000 $2,155 4.68%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $775,000 $258,333 $1,419 4.33%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $750,000 $375,000 $4,052 4.25%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $580,000 $290,000 $2,660 4.88%
    MIDLAND, TX (FHA|USDA|VA) 2 $550,000 $275,000 $4,527 4.44%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $480,000 $240,000 $2,379 4.50%
    VALLEJO, CA (FHA|USDA|VA) 1 $455,000 $455,000 $7,506 4.75%
    Durango, CO (FHA|USDA|VA) 2 $430,000 $215,000 $1,308 4.63%
    MANHATTAN, KS (FHA|USDA|VA) 1 $375,000 $375,000 $1,470 3.25%
    Stillwater, OK (FHA|USDA|VA) 2 $360,000 $180,000 $2,380 4.44%
    Borger, TX (FHA|USDA|VA) 4 $350,000 $87,500 $2,095 4.63%
    BILLINGS, MT (FHA|USDA|VA) 1 $325,000 $325,000 $5,314 3.75%
    Dickinson, ND (FHA|USDA|VA) 1 $315,000 $315,000 $2,432 4.50%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $315,000 $315,000 $3,304 4.63%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $315,000 $315,000 $2,055 4.75%
    AMARILLO, TX (FHA|USDA|VA) 2 $300,000 $150,000 $2,780 4.31%
    Coffeyville, KS (FHA|USDA|VA) 2 $210,000 $105,000 $1,789 4.06%
    FARMINGTON, NM (FHA|USDA|VA) 1 $205,000 $205,000 $1,265 4.38%
    El Campo, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,434 4.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $205,000 $205,000 $1,330 4.50%
    ANCHORAGE, AK (FHA|USDA|VA) 1 $185,000 $185,000 $1,910 4.63%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $185,000 $185,000 $1,959 4.38%
    Tahlequah, OK (FHA|USDA|VA) 1 $185,000 $185,000 $2,878 4.00%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $185,000 $185,000 $2,466 3.88%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $155,000 $155,000 $2,290 4.63%
    Ponca City, OK (FHA|USDA|VA) 1 $145,000 $145,000 $2,321 4.13%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $135,000 $135,000 $2,385 3.25%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $115,000 $115,000 $1,842 4.88%
    Bay City, TX (FHA|USDA|VA) 1 $105,000 $105,000 $2,059 4.88%
    WACO, TX (FHA|USDA|VA) 1 $45,000 $45,000 $1,900 3.75%
    Truity Federal Credit Union's top markets include Lawrence, Bartlesville, Houston, Washington, and Fayetteville among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)

    • 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.

    Tulsa Federal Credit Union
    Similarity Rank: 42
    Bank of the Flint Hills
    Similarity Rank: 64
    RED CROWN
    Similarity Rank: 66
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 68
    CoreFirst Bank & Trust
    Similarity Rank: 88
    KCB Bank
    Similarity Rank: 108
    Azura Credit Union
    Similarity Rank: 120
    MERITRUST Federal Credit Union
    Similarity Rank: 121
    Citizens Savings and Loan Association, FSB
    Similarity Rank: 146
    Clay County Savings Bank
    Similarity Rank: 148

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 310 $62,590,000 $201,903 $2,187 4.46%

    For 2018, Truity Federal Credit Union's most frequently originated type of loan was Conventional, with 310 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 250 $50,710,000 $202,840 $2,147 4.44%
    Cash Out Refi 28 $5,110,000 $182,500 $2,395 4.28%
    Other 16 $4,600,000 $287,500 $2,414 4.61%
    Refi 10 $1,680,000 $168,000 $2,099 4.69%
    Home Improvement 6 $490,000 $81,667 $2,386 5.15%

    For 2018, Truity Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 250 originations. The 2nd most popular reason was Cash Out Refi, with 28 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 217 $47,185,000 $217,442 $2,164 4.52%
    15 Year 60 $10,810,000 $180,167 $2,346 4.08%
    20 Year 20 $3,270,000 $163,500 $2,102 4.33%
    10 Year 6 $470,000 $78,333 $2,177 5.42%
    5 Year 4 $570,000 $142,500 $829 5.00%
    Other 2 $160,000 $80,000 $0 5.94%
    3 Year 1 $125,000 $125,000 $0 5.13%

    For 2018, Truity Federal Credit Union's most frequently cited loan duration was 30 Year, with 217 originations. The 2nd most popular length was 15 Year, with 60 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 287 $56,545,000 $197,021
    $1k-2k 7 $1,235,000 $176,429
    $2k-3k 3 $875,000 $291,667
    $3k-4k 3 $1,015,000 $338,333
    $4k-5k 2 $910,000 $455,000
    $5k+ 2 $940,000 $470,000

    Truity Federal Credit Union's average total fees were $2,164, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 287 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 221 $42,785,000 $193,597
    3-4% 66 $17,080,000 $258,788
    5-6% 22 $2,600,000 $118,182
    6-7% 1 $125,000 $125,000

    During 2018, Truity Federal Credit Union's average interest rate for loans was 4.52%, while their most frequently originated rate bucket for loans was 4-5%, with 221 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 128 $18,530,000 $144,766 $1,892 4.45%
    $200k-400k 110 $29,920,000 $272,000 $2,454 4.40%
    $100,000 or less 54 $3,480,000 $64,444 $1,787 4.68%
    $400k-600k 15 $6,675,000 $445,000 $3,184 4.23%
    $1MM+ 2 $3,290,000 $1,645,000 $6,477 3.94%
    $600k-1MM 1 $695,000 $695,000 $7,753 4.38%

    2018 saw Truity Federal Credit Union place emphasis on $100k-200k loans with 128 originations, totaling $18,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 70 $16,840,000 $240,571 $2,333 4.46%
    $100k-150k 62 $13,880,000 $223,871 $2,256 4.35%
    $75k-100k 55 $9,655,000 $175,545 $2,044 4.47%
    $50k-75k 54 $8,110,000 $150,185 $1,977 4.48%
    $50k or less 35 $3,415,000 $97,571 $1,840 4.39%
    $250k+ 28 $9,720,000 $347,143 $2,805 4.55%

    Truity Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 70 originations. The second most popular income band? $100k-150k, with 62 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 89 $18,605,000 $209,045 $2,260 4.44%
    30-36% 59 $13,115,000 $222,288 $2,146 4.41%
    <20% 46 $7,440,000 $161,739 $2,080 4.43%
    43% 16 $3,180,000 $198,750 $2,081 4.63%
    40% 14 $2,740,000 $195,714 $1,773 4.57%
    42% 12 $3,060,000 $255,000 $2,949 4.64%
    41% 11 $2,295,000 $208,636 $1,956 4.17%
    38% 10 $1,630,000 $163,000 $1,817 4.11%
    45% 10 $1,880,000 $188,000 $1,999 4.48%
    36% 9 $1,965,000 $218,333 $1,929 4.69%
    39% 8 $1,220,000 $152,500 $1,545 4.42%
    37% 6 $1,690,000 $281,667 $4,199 4.35%
    44% 4 $960,000 $240,000 $2,925 4.16%
    48% 3 $625,000 $208,333 $2,554 4.46%
    >60% 3 $395,000 $131,667 $1,431 4.75%
    47% 2 $410,000 $205,000 $1,556 4.31%
    50-60% 1 $255,000 $255,000 $2,554 3.88%
    46% 1 $285,000 $285,000 $4,586 4.88%

    Truity Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 89 originations. The next most common DTI ratio? 30-36%, with 59 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 243 $50,385,000 $207,346 $2,176 4.46%
    Not provided 36 $6,580,000 $182,778 $2,516 4.53%
    Asian 13 $2,695,000 $207,308 $1,749 4.39%
    American Indian 9 $1,155,000 $128,333 $2,258 4.03%
    Black 5 $1,075,000 $215,000 $1,617 4.60%
    Not applicable 2 $410,000 $205,000 $0 5.31%
    Native Hawaiian or Islander 1 $165,000 $165,000 $1,544 4.50%
    Asian Indian 1 $125,000 $125,000 $1,550 4.50%

    Approval Rates

    Total approvals of all applications
    92.63%

    Truity Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.29%

    Truity Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 310 $62,590,000 $201,903

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 310 $62,590,000 $201,903

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $4,235,000 $184,130 $2,420 4.45%
    40-60% 24 $5,080,000 $211,667 $2,456 4.29%
    60-80% 102 $20,910,000 $205,000 $2,271 4.41%
    80-100% 143 $30,865,000 $215,839 $2,127 4.46%
    Over 100% 1 $235,000 $235,000 $3,749 4.75%
    Under 20% 16 $940,000 $58,750 $1,224 5.03%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    TRIAD FINANCIAL SERVICES, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 1 100.0%