United States Senate Federal Credit Union Mortgage Rates, Fees & Info
Alexandria, VALEI: 549300TULDV69V2XKY60
Tax ID: 53-0197042
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Mortgage Data
Review & Overview
United States Senate Federal Credit Union is a smaller credit union specializing in Home Improvement loans. United States Senate Federal Credit Union has an average proportion of conventional loans. Their top markets by origination volume include: Washington, Los Angeles, Riverside, Baltimore, and San Diego among others. We have data for 99 markets. (Some data included below & more in-depth data is available with an active subscription.)United States Senate 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.
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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 5.67% | 10/13/24 |
| 30 Year Conventional Refi | 6.27% | 10/13/24 |
| 15 Year Conventional Purchase | 8.23% | 10/13/24 |
| 15 Year Conventional Refi | 7.00% | 10/13/24 |
| 15 Year Cash-out Refi | 7.00% | 10/13/24 |
| 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. | ||
United States Senate Federal Credit Union Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
463Origination Dollar Volume (All Markets)
$59,665,000Top 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 |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 141 | $21,045,000 | $149,255 | $607 | 3.96% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 31 | $4,795,000 | $154,677 | $455 | 4.24% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 38 | $3,970,000 | $104,474 | $470 | 4.64% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 19 | $2,585,000 | $136,053 | $453 | 4.02% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 14 | $2,200,000 | $157,143 | $823 | 4.57% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 10 | $1,320,000 | $132,000 | $450 | 3.68% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 9 | $1,305,000 | $145,000 | $458 | 3.99% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 13 | $1,215,000 | $93,462 | $738 | 4.19% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 7 | $1,145,000 | $163,571 | $450 | 3.86% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 10 | $1,070,000 | $107,000 | $440 | 4.08% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 11 | $975,000 | $88,636 | $414 | 5.07% |
| PROVO-OREM, UT (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $1,310 | 5.13% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $0 | 3.25% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 10 | $790,000 | $79,000 | $645 | 4.64% |
| ST. GEORGE, UT (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $0 | 3.25% |
| Outside of Metro Areas | 7 | $765,000 | $109,286 | $542 | 4.32% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $670 | 3.96% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 6 | $630,000 | $105,000 | $760 | 4.63% |
| STOCKTON, CA (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $980 | 3.96% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 3.25% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $450,000 | $112,500 | $628 | 5.32% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $670 | 4.25% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $450 | 3.88% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 3.49% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 3.25% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $230 | 4.25% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $450 | 3.96% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 5 | $335,000 | $67,000 | $450 | 4.90% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 3.25% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $348 | 5.92% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 3.25% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 3.25% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $375 | 4.07% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 3.25% |
| REDDING, CA (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 3.25% |
| DOVER, DE (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 4.07% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 3.25% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $450 | 5.25% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 3.25% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 3.25% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $715 | 5.38% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 3.25% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $700 | 4.32% |
| RENO, NV (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $575 | 5.38% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 3.25% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 3.25% |
| LAFAYETTE, LA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $588 | 6.19% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.25% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 3 | $155,000 | $51,667 | $455 | 7.67% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $465 | 5.38% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.25% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $450 | 4.32% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $465 | 5.38% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 3.25% |
| Easton, MD (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.25% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $450 | 5.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 3.25% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $450 | 5.13% |
| JACKSON, MS (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $458 | 6.32% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $450 | 4.32% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.25% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.25% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $450 | 5.13% |
| Plattsburgh, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.25% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $670 | 5.38% |
| READING, PA (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $450 | 5.26% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $645 | 5.01% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $435 | 5.38% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $450 | 5.38% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 3.25% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $450 | 5.38% |
| OCALA, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $450 | 5.38% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $450 | 5.38% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $450 | 5.13% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $450 | 7.25% |
| Henderson, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $670 | 5.13% |
| AKRON, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $450 | 5.38% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $700 | 5.38% |
| Vicksburg, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $450 | 5.38% |
| NAPA, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.25% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.25% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $460 | 4.88% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.25% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.25% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $50,000 | $25,000 | $348 | 6.19% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $50,000 | $25,000 | $473 | 6.19% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $670 | 5.38% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 3.25% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $465 | 5.38% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $700 | 5.38% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $760 | 7.25% |
| Hudson, NY (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $450 | 7.75% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $450 | 5.13% |
| DALTON, GA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $705 | 4.88% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $450 | 5.38% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 3.25% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $450 | 5.13% |
| MADERA, CA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $985 | 5.38% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $450 | 5.13% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 269 | $43,775,000 | $162,732 | n/a | 3.25% |
| Conventional | 194 | $15,890,000 | $81,907 | $548 | 5.72% |
For 2021, United States Senate Federal Credit Union's most frequently originated type of loan was HELOC, with 269 originations. Their 2nd most popular type was Conventional, with 194 originations.
Loan Reason
For 2021, United States Senate Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 302 originations. The 2nd most popular reason was Other, with 90 originations.
Loan Duration/Length
For 2021, United States Senate Federal Credit Union's most frequently cited loan duration was 20 Year, with 270 originations. The 2nd most popular length was 15 Year, with 131 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 193 | $15,475,000 | $80,181 |
United States Senate Federal Credit Union's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 193 originations.
Interest Rates
During 2021, United States Senate Federal Credit Union's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 270 originations.
Loan Sizing
2021 saw United States Senate Federal Credit Union place emphasis on $100,000 or less loans with 231 originations, totaling $14,105,000 in origination value.
Applicant Income
United States Senate Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 174 originations. The second most popular income band? $250k+, with 125 originations.
Applicant Debt to Income Ratio
United States Senate Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 86 originations. The next most common DTI ratio? 20-30%, with 86 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.80%
United States Senate Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination85.53%
United States Senate Federal Credit Union has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 463 | $59,665,000 | $128,866 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| United Shore Financial Services, LLC | Conventional home mortgage | Closing on a mortgage | 12 | 6.0% |
| United Shore Financial Services, LLC | VA mortgage | Struggling to pay mortgage | 2 | 1.0% |
| United Shore Financial Services, LLC | VA mortgage | Closing on a mortgage | 2 | 1.0% |
| United Shore Financial Services, LLC | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 1.5% |
| United Shore Financial Services, LLC | Other type of mortgage | Closing on a mortgage | 1 | 0.5% |
| United Shore Financial Services, LLC | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 1.5% |
| United Shore Financial Services, LLC | FHA mortgage | Trouble during payment process | 9 | 4.5% |
| United Shore Financial Services, LLC | FHA mortgage | Struggling to pay mortgage | 5 | 2.5% |
| United Shore Financial Services, LLC | FHA mortgage | Problem with a credit reporting company's investigation into an existing problem | 1 | 0.5% |
| United Shore Financial Services, LLC | FHA mortgage | Incorrect information on your report | 1 | 0.5% |
| United Shore Financial Services, LLC | FHA mortgage | Credit monitoring or identity theft protection services | 1 | 0.5% |
| United Shore Financial Services, LLC | FHA mortgage | Closing on a mortgage | 3 | 1.5% |
| United Shore Financial Services, LLC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 8 | 4.0% |
| United Shore Financial Services, LLC | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 1.5% |
| United Shore Financial Services, LLC | Conventional home mortgage | Trouble during payment process | 119 | 59.5% |
| United Shore Financial Services, LLC | Conventional home mortgage | Struggling to pay mortgage | 10 | 5.0% |
| United Shore Financial Services, LLC | Conventional home mortgage | Problem with a credit reporting company's investigation into an existing problem | 2 | 1.0% |
| United Shore Financial Services, LLC | Conventional home mortgage | Incorrect information on your report | 3 | 1.5% |
| United Shore Financial Services, LLC | VA mortgage | Trouble during payment process | 12 | 6.0% |