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
  • 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: Bartlesville, Lawrence, Houston, Kansas City, and Tulsa among others. We have data for 51 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.

    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% 9/16/24
    30 Year Conventional Refi 6.31% 9/16/24
    30 Year Cash-out Refi 6.70% 9/16/24
    15 Year Conventional Purchase 5.74% 9/16/24
    15 Year Conventional Refi 5.48% 9/16/24
    15 Year Cash-out Refi 5.48% 9/16/24
    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

    504

    Origination Dollar Volume (All Markets)

    $136,620,000
    Show all (9) 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
    Bartlesville, OK (FHA|USDA|VA) 122 $31,620,000 $259,180 $2,687 4.53%
    LAWRENCE, KS (FHA|USDA|VA) 129 $28,495,000 $220,891 $1,717 4.76%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 45 $14,755,000 $327,889 $4,370 4.62%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 29 $8,815,000 $303,966 $1,992 4.92%
    TULSA, OK (FHA|USDA|VA) 28 $7,250,000 $258,929 $3,552 4.47%
    Outside of Metro Areas 20 $4,600,000 $230,000 $3,178 4.69%
    MIDLAND, TX (FHA|USDA|VA) 10 $4,290,000 $429,000 $2,788 3.88%
    ANCHORAGE, AK (FHA|USDA|VA) 7 $4,145,000 $592,143 $3,115 4.66%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 23 $3,985,000 $173,261 $1,951 4.41%
    TOPEKA, KS (FHA|USDA|VA) 17 $3,535,000 $207,941 $1,874 4.33%
    Steamboat Springs, CO (FHA|USDA|VA) 2 $2,830,000 $1,415,000 $2,168 3.13%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 9 $1,585,000 $176,111 $2,782 5.08%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $1,420,000 $710,000 $8,638 5.00%
    BELLINGHAM, WA (FHA|USDA|VA) 3 $1,405,000 $468,333 $7,026 4.63%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $1,390,000 $695,000 $866 5.38%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $1,360,000 $340,000 $4,472 4.08%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $1,260,000 $630,000 $2,783 3.63%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $1,065,000 $355,000 $1,360 3.58%
    WICHITA, KS (FHA|USDA|VA) 2 $830,000 $415,000 $2,413 4.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $800,000 $400,000 $5,982 3.94%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 3 $745,000 $248,333 $2,087 4.46%
    AMARILLO, TX (FHA|USDA|VA) 2 $730,000 $365,000 $5,583 3.75%
    TUCSON, AZ (FHA|USDA|VA) 2 $720,000 $360,000 $2,612 6.38%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $715,000 $238,333 $3,563 4.46%
    VALLEJO, CA (FHA|USDA|VA) 1 $645,000 $645,000 $10,496 3.50%
    Ponca City, OK (FHA|USDA|VA) 3 $635,000 $211,667 $4,884 3.63%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $605,000 $605,000 $2,897 2.25%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $525,000 $525,000 $3,766 3.13%
    SPRINGFIELD, MO (FHA|USDA|VA) 3 $505,000 $168,333 $1,648 3.75%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $465,000 $465,000 $3,421 4.00%
    Sonora, CA (FHA|USDA|VA) 1 $445,000 $445,000 $1,740 4.13%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $395,000 $395,000 $3,358 4.00%
    Laramie, WY (FHA|USDA|VA) 1 $375,000 $375,000 $2,216 5.50%
    Ottawa, KS (FHA|USDA|VA) 2 $320,000 $160,000 $1,893 4.06%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $315,000 $315,000 $3,364 5.88%
    RICHMOND, VA (FHA|USDA|VA) 1 $305,000 $305,000 $2,638 3.00%
    JACKSON, TN (FHA|USDA|VA) 1 $285,000 $285,000 $2,894 6.00%
    MANHATTAN, KS (FHA|USDA|VA) 1 $275,000 $275,000 $1,222 4.38%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $275,000 $275,000 $3,382 5.13%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $275,000 $275,000 $1,907 2.75%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $265,000 $265,000 $2,501 3.88%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $265,000 $265,000 $2,570 5.00%
    ROCKFORD, IL (FHA|USDA|VA) 1 $245,000 $245,000 $1,733 2.50%
    Searcy, AR (FHA|USDA|VA) 2 $170,000 $85,000 $1,645 4.50%
    Rockport, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,367 4.25%
    BILLINGS, MT (FHA|USDA|VA) 1 $155,000 $155,000 $2,286 4.38%
    SALINAS, CA (FHA|USDA|VA) 1 $115,000 $115,000 $779 3.88%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $115,000 $115,000 $2,092 3.75%
    Borger, TX (FHA|USDA|VA) 1 $85,000 $85,000 $2,546 4.00%
    Emporia, KS (FHA|USDA|VA) 1 $35,000 $35,000 $1,548 2.25%
    Coffeyville, KS (FHA|USDA|VA) 1 $15,000 $15,000 $2,120 4.50%
    Truity Federal Credit Union's top markets include Bartlesville, Lawrence, Houston, Kansas City, and Tulsa among others.

    Their top states include:
  • Oklahoma (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Alaska (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.

    RED CROWN
    Similarity Rank: 52
    MORTGAGE CLEARING CORPORATION
    Similarity Rank: 65
    CoreFirst Bank & Trust
    Similarity Rank: 70
    Bank of the Flint Hills
    Similarity Rank: 150
    Azura Credit Union
    Similarity Rank: 150
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 175
    FIRST WESTERN MORTGAGE, INC.
    Similarity Rank: 220
    PRIMEWAY
    Similarity Rank: 249
    The Bank of Missouri
    Similarity Rank: 329
    FRONTIER COMMUNITY CREDIT UNION
    Similarity Rank: 354

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 504 $136,620,000 $271,071 $2,653 4.56%

    For 2022, Truity Federal Credit Union's most frequently originated type of loan was Conventional, with 504 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 331 $99,145,000 $299,532 $3,064 4.77%
    Other 51 $19,925,000 $390,686 $818 4.80%
    Cash Out Refi 47 $8,195,000 $174,362 $2,626 3.92%
    Home Improvement 41 $2,795,000 $68,171 $1,052 4.30%
    Refi 34 $6,560,000 $192,941 $2,299 3.38%

    For 2022, Truity Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 331 originations. The 2nd most popular reason was Other, with 51 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 318 $91,870,000 $288,899 $2,948 4.82%
    15 Year 84 $19,360,000 $230,476 $2,855 3.77%
    10 Year 61 $4,525,000 $74,180 $1,002 4.23%
    20 Year 18 $3,530,000 $196,111 $2,462 3.72%
    5 Year 14 $2,300,000 $164,286 $637 4.99%
    Other 7 $13,495,000 $1,927,857 $0 5.66%
    1 Year 1 $45,000 $45,000 $0 7.45%
    3 Year 1 $1,495,000 $1,495,000 $0 6.75%

    For 2022, Truity Federal Credit Union's most frequently cited loan duration was 30 Year, with 318 originations. The 2nd most popular length was 15 Year, with 84 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 447 $106,375,000 $237,975
    $2k-3k 10 $2,120,000 $212,000
    $5k+ 10 $5,380,000 $538,000
    $3k-4k 6 $2,040,000 $340,000
    $4k-5k 6 $2,460,000 $410,000
    $1k-2k 5 $975,000 $195,000

    Truity Federal Credit Union's average total fees were $2,948, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 447 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 144 $35,260,000 $244,861
    4-5% 139 $31,685,000 $227,950
    5-6% 128 $44,560,000 $348,125
    2.5-3% 31 $8,435,000 $272,097
    6-7% 31 $9,065,000 $292,419
    <2.5% 18 $4,200,000 $233,333
    7-8% 13 $3,415,000 $262,692

    During 2022, Truity Federal Credit Union's average interest rate for loans was 4.82%, while their most frequently originated rate bucket for loans was 3-4%, with 144 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 188 $53,400,000 $284,043 $2,971 4.63%
    $100k-200k 144 $21,000,000 $145,833 $2,302 4.51%
    $100,000 or less 95 $5,275,000 $55,526 $1,376 4.53%
    $400k-600k 44 $21,230,000 $482,500 $4,257 4.43%
    $600k-1MM 28 $19,800,000 $707,143 $4,192 4.47%
    $1MM+ 5 $15,915,000 $3,183,000 $1,824 5.43%

    2022 saw Truity Federal Credit Union place emphasis on $200k-400k loans with 188 originations, totaling $53,400,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 128 $30,510,000 $238,359 $2,875 4.53%
    $150k-250k 109 $35,715,000 $327,661 $3,165 4.44%
    $50k-75k 76 $10,990,000 $144,605 $2,078 4.81%
    $75k-100k 68 $12,510,000 $183,971 $2,125 4.43%
    $50k or less 53 $5,155,000 $97,264 $2,086 4.42%
    $250k+ 50 $24,470,000 $489,400 $3,163 4.43%

    Truity Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 128 originations. The second most popular income band? $150k-250k, with 109 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 122 $27,570,000 $225,984 $2,576 4.50%
    30-36% 113 $27,455,000 $242,965 $2,571 4.54%
    <20% 53 $9,595,000 $181,038 $2,421 4.27%
    40% 27 $8,555,000 $316,852 $2,316 4.29%
    43% 24 $9,370,000 $390,417 $2,982 4.54%
    42% 21 $3,835,000 $182,619 $2,361 4.48%
    37% 19 $6,065,000 $319,211 $2,900 4.80%
    41% 18 $4,250,000 $236,111 $2,888 4.48%
    39% 16 $4,650,000 $290,625 $3,882 4.73%
    38% 16 $4,540,000 $283,750 $3,241 4.22%
    36% 13 $3,605,000 $277,308 $2,397 4.90%
    44% 12 $3,010,000 $250,833 $2,362 4.50%
    45% 9 $1,735,000 $192,778 $2,699 4.33%
    47% 6 $1,220,000 $203,333 $2,571 4.56%
    >60% 5 $895,000 $179,000 $2,769 5.53%
    46% 3 $815,000 $271,667 $4,491 5.29%
    48% 3 $1,305,000 $435,000 $3,275 5.38%
    49% 1 $275,000 $275,000 $1,977 7.13%
    50-60% 1 $165,000 $165,000 $3,037 5.00%

    Truity Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 122 originations. The next most common DTI ratio? 30-36%, with 113 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 380 $94,400,000 $248,421 $2,570 4.58%
    Not applicable 20 $17,270,000 $863,500 $0 5.59%
    Not provided 52 $12,770,000 $245,577 $2,870 3.97%
    Black 14 $4,520,000 $322,857 $2,846 4.74%
    American Indian 27 $4,375,000 $162,037 $2,881 4.69%
    Asian 9 $2,745,000 $305,000 $3,735 4.19%
    Asian Indian 2 $540,000 $270,000 $3,507 4.25%

    Approval Rates

    Total approvals of all applications
    76.85%

    Truity Federal Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    72.42%

    Truity Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 504 $136,620,000 $271,071

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    504 $136,620,000 $271,071

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 47 $7,795,000 $165,851 $1,787 4.26%
    40-60% 67 $17,395,000 $259,627 $2,743 4.18%
    60-80% 140 $41,440,000 $296,000 $2,986 4.55%
    80-100% 181 $49,555,000 $273,785 $3,003 4.71%
    Under 20% 49 $3,165,000 $64,592 $1,122 4.43%