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 markets by origination volume include: Dayton, Cincinnati, Wilmington, and Bellefontaine among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    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 a high 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
    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

    31

    Origination Dollar Volume (All Markets)

    $4,695,000

    Awards

    KH NETWORK CREDIT UNION 30 Year Conventional Loans silver
    Show all (1) 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
    DAYTON-KETTERING, OH (FHA|USDA|VA) 17 $2,225,000 $130,882 $5,189 3.96%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 12 $2,160,000 $180,000 $4,705 3.83%
    Wilmington, OH (FHA|USDA|VA) 1 $185,000 $185,000 $501,165 4.00%
    Bellefontaine, OH (FHA|USDA|VA) 1 $125,000 $125,000 $4,818 4.38%
    Kh Network Credit Union's top markets include Dayton, Cincinnati, Wilmington, and Bellefontaine 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: 212
    KH NETWORK CREDIT UNION
    Similarity Rank: 304
    SIBCY CLINE MORTGAGE SERVICES, INC.
    Similarity Rank: 444
    1st National Bank
    Similarity Rank: 540
    LCNB National Bank
    Similarity Rank: 576
    UNIVERSAL 1 CREDIT UNION
    Similarity Rank: 650
    Warsaw Federal Savings and Loan Association
    Similarity Rank: 1071
    American Midwest Mortgage Corporation
    Similarity Rank: 1416
    Civista Bank
    Similarity Rank: 1440
    THE EQUITABLE MORTGAGE CORPORATION
    Similarity Rank: 2240

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 31 $4,695,000 $151,452 $22,699 3.93%

    For 2019, Kh Network Credit Union's most frequently originated type of loan was Conventional, with 31 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 18 $3,160,000 $175,556 $36,561 4.10%
    Refi 8 $910,000 $113,750 $3,681 3.67%
    Cash Out Refi 5 $625,000 $125,000 $5,290 3.73%

    For 2019, Kh Network Credit Union's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Refi, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 21 $3,705,000 $176,429 $33,206 4.07%
    15 Year 9 $945,000 $105,000 $3,786 3.58%
    20 Year 1 $45,000 $45,000 $3,796 4.13%

    For 2019, Kh Network Credit Union's most frequently cited loan duration was 30 Year, with 21 originations. The 2nd most popular length was 15 Year, with 9 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 28 $4,200,000 $150,000

    Kh Network Credit Union's average total fees were $33,206, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 28 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 20 $3,090,000 $154,500
    4-5% 10 $1,530,000 $153,000

    During 2019, Kh Network Credit Union's average interest rate for loans was 4.07%, while their most frequently originated rate bucket for loans was 3-4%, with 20 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 16 $2,260,000 $141,250 $37,848 3.89%
    $100,000 or less 8 $500,000 $62,500 $3,779 3.75%
    $200k-400k 6 $1,460,000 $243,333 $6,174 4.21%
    $400k-600k 1 $475,000 $475,000 $10,541 4.00%

    2019 saw Kh Network Credit Union place emphasis on $100k-200k loans with 16 originations, totaling $2,260,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 10 $1,610,000 $161,000 $4,788 3.96%
    $100k-150k 9 $1,825,000 $202,778 $6,229 4.14%
    $50k-75k 6 $750,000 $125,000 $103,695 3.88%
    $50k or less 4 $380,000 $95,000 $3,846 3.47%
    $150k-250k 2 $130,000 $65,000 $4,012 3.75%

    Kh Network Credit Union lent most frequently to those with incomes in the $75k-100k range, with 10 originations. The second most popular income band? $100k-150k, with 9 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 10 $1,750,000 $175,000 $4,902 4.04%
    30-36% 7 $885,000 $126,429 $4,751 3.98%
    <20% 5 $585,000 $117,000 $4,829 3.68%
    40% 2 $260,000 $130,000 $5,493 3.88%
    41% 2 $250,000 $125,000 $4,716 4.44%
    43% 1 $475,000 $475,000 $10,541 4.00%
    36% 1 $155,000 $155,000 $2,565 3.25%
    38% 1 $75,000 $75,000 $4,125 3.25%
    39% 1 $185,000 $185,000 $501,165 4.00%
    42% 1 $75,000 $75,000 $0 0.00%

    Kh Network Credit Union lent most frequently to those with DTI ratios of 20-30%, with 10 originations. The next most common DTI ratio? 30-36%, with 7 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 28 $4,340,000 $155,000 $24,907 3.98%
    White 3 $355,000 $118,333 $4,299 3.46%

    Approval Rates

    Total approvals of all applications
    68.52%

    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
    83.87%

    Kh Network Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 31 $4,695,000 $151,452

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 31 $4,695,000 $151,452

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    40-60% 5 $405,000 $81,000 $4,238 3.45%
    60-80% 12 $1,700,000 $141,667 $4,453 3.91%
    80-100% 14 $2,590,000 $185,000 $43,835 4.11%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    KONDAUR CAPITAL CORPORATION Conventional home mortgage Struggling to pay mortgage 7 70.0%
    KONDAUR CAPITAL CORPORATION Conventional home mortgage Trouble during payment process 1 10.0%
    KONDAUR CAPITAL CORPORATION FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 10.0%
    KONDAUR CAPITAL CORPORATION Other type of mortgage Trouble during payment process 1 10.0%