Kh Network Credit Union Mortgage Rates, Fees & Info

Dayton, OH

LEI: 549300SNBYRUG0BK5T32

Tax ID: 31-0714622

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

    Kh Network Credit Union is a smaller credit union specializing in Home Purchase loans. Kh Network Credit Union has a high proportion of conventional loans. Their top two markets are Dayton and Cincinnati .

    Kh Network Credit Union has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Kh Network Credit Union is typically an average 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 6.27% 11/22/24
    30 Year Cash-out Refi 6.27% 11/22/24
    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.

    Kh Network Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Kh Network 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

    25

    Origination Dollar Volume (All Markets)

    $3,445,000

    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
    DAYTON-KETTERING, OH (FHA|USDA|VA) 16 $1,750,000 $109,375 $8,101 4.50%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 9 $1,695,000 $188,333 $5,115 4.53%
    Kh Network Credit Union's top markets include Dayton and Cincinnati among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)

    • Similar Lenders

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

    RIVER VALLEY CREDIT UNION, INC.
    Similarity Rank: 69
    1st National Bank
    Similarity Rank: 117
    Guardian Savings Bank, A Federal Savings Bank
    Similarity Rank: 135
    Greenville Federal
    Similarity Rank: 144
    New Carlisle Federal Savings Bank
    Similarity Rank: 224
    Firefighters & Company FCU
    Similarity Rank: 235
    UNIVERSAL 1 CREDIT UNION
    Similarity Rank: 672
    M/I FINANCIAL, LLC
    Similarity Rank: 1386
    The Park National Bank
    Similarity Rank: 2184
    MYCUMORTGAGE, LLC
    Similarity Rank: 2346

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 25 $3,445,000 $137,800 $6,933 4.51%

    For 2018, Kh Network Credit Union's most frequently originated type of loan was Conventional, with 25 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 20 $2,480,000 $124,000 $8,138 4.53%
    Refi 3 $355,000 $118,333 $2,053 4.29%
    Cash Out Refi 2 $610,000 $305,000 $3,404 4.63%

    For 2018, Kh Network Credit Union's most frequently cited loan purpose was Home Purchase, with 20 originations. The 2nd most popular reason was Refi, with 3 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 17 $2,565,000 $150,882 $7,177 4.60%
    15 Year 5 $385,000 $77,000 $6,769 4.15%
    20 Year 2 $250,000 $125,000 $1,306 4.38%
    Other 1 $245,000 $245,000 $15,343 5.00%

    For 2018, Kh Network Credit Union's most frequently cited loan duration was 30 Year, with 17 originations. The 2nd most popular length was 15 Year, with 5 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 24 $3,350,000 $139,583

    Kh Network Credit Union's average total fees were $7,177, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 24 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 24 $3,370,000 $140,417
    3-4% 1 $75,000 $75,000

    During 2018, Kh Network Credit Union's average interest rate for loans was 4.60%, while their most frequently originated rate bucket for loans was 4-5%, with 24 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 11 $855,000 $77,727 $5,880 4.41%
    $100k-200k 9 $1,225,000 $136,111 $7,171 4.56%
    $200k-400k 4 $940,000 $235,000 $9,430 4.69%
    $400k-600k 1 $425,000 $425,000 $4,272 4.50%

    2018 saw Kh Network Credit Union place emphasis on $100,000 or less loans with 11 originations, totaling $855,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 9 $1,125,000 $125,000 $9,239 4.54%
    $100k-150k 6 $840,000 $140,000 $6,878 4.52%
    $50k-75k 4 $360,000 $90,000 $3,978 4.31%
    $150k-250k 3 $795,000 $265,000 $3,543 4.54%
    $50k or less 3 $325,000 $108,333 $6,014 4.63%

    Kh Network Credit Union lent most frequently to those with incomes in the $75k-100k range, with 9 originations. The second most popular income band? $100k-150k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 11 $1,855,000 $168,636 $6,492 4.41%
    <20% 6 $570,000 $95,000 $5,868 4.54%
    30-36% 6 $800,000 $133,333 $9,598 4.69%
    36% 2 $220,000 $110,000 $1,734 4.44%

    Kh Network Credit Union lent most frequently to those with DTI ratios of 20-30%, with 11 originations. The next most common DTI ratio? <20%, with 6 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 22 $3,010,000 $136,818 $7,448 4.52%
    White 3 $435,000 $145,000 $3,497 4.46%

    Approval Rates

    Total approvals of all applications
    63.79%

    Kh Network Credit Union has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    72.00%

    Kh Network Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 25 $3,445,000 $137,800

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 25 $3,445,000 $137,800

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    40-60% 1 $25,000 $25,000 $2,361 4.13%
    60-80% 8 $970,000 $121,250 $9,630 4.52%
    80-100% 16 $2,450,000 $153,125 $5,979 4.53%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    KONDAUR CAPITAL CORPORATION Conventional home mortgage Struggling to pay mortgage 4 44.4%
    KONDAUR CAPITAL CORPORATION Conventional home mortgage Trouble during payment process 1 11.1%
    KONDAUR CAPITAL CORPORATION FHA mortgage Struggling to pay mortgage 1 11.1%
    KONDAUR CAPITAL CORPORATION FHA mortgage Trouble during payment process 1 11.1%
    KONDAUR CAPITAL CORPORATION Other type of mortgage Struggling to pay mortgage 1 11.1%
    KONDAUR CAPITAL CORPORATION Other type of mortgage Trouble during payment process 1 11.1%