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 and Other loans. United States Senate Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Washington, Riverside, Los Angeles, San Diego, and Phoenix among others. We have data for 112 markets. (Some data included below & more in-depth data is available with an active subscription.)United States Senate 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.
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% | 12/16/24 |
| 30 Year Conventional Refi | 6.27% | 12/16/24 |
| 15 Year Conventional Purchase | 8.23% | 12/16/24 |
| 15 Year Conventional Refi | 7.00% | 12/16/24 |
| 15 Year Cash-out Refi | 7.00% | 12/16/24 |
| 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. | ||
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
551Origination Dollar Volume (All Markets)
$73,145,000Top 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) | 182 | $24,870,000 | $136,648 | $589 | 4.84% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 45 | $6,735,000 | $149,667 | $698 | 4.93% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 26 | $4,820,000 | $185,385 | $878 | 4.72% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 19 | $3,415,000 | $179,737 | $838 | 4.72% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 14 | $2,620,000 | $187,143 | $755 | 4.67% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 13 | $1,915,000 | $147,308 | $1,456 | 5.47% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 13 | $1,695,000 | $130,385 | $568 | 4.80% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 16 | $1,400,000 | $87,500 | $593 | 5.16% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 9 | $1,265,000 | $140,556 | $732 | 4.65% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 11 | $1,175,000 | $106,818 | $454 | 4.76% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 5 | $1,155,000 | $231,000 | $1,356 | 4.93% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 6 | $910,000 | $151,667 | $450 | 4.29% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 7 | $865,000 | $123,571 | $455 | 5.57% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $850,000 | $212,500 | $450 | 4.53% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 8 | $820,000 | $102,500 | $701 | 5.41% |
| TUCSON, AZ (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $563 | 5.94% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 6 | $750,000 | $125,000 | $450 | 4.42% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 6 | $740,000 | $123,333 | $487 | 5.65% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 5 | $635,000 | $127,000 | $754 | 4.45% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 4 | $580,000 | $145,000 | $450 | 4.10% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 4 | $540,000 | $135,000 | $675 | 4.97% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $435 | 4.82% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $450 | 4.32% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $2,140 | 5.19% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $685 | 5.07% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $450 | 5.04% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $1,350 | 4.54% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $450 | 5.04% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $0 | 5.75% |
| Outside of Metro Areas | 6 | $380,000 | $63,333 | $591 | 5.34% |
| STOCKTON, CA (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $480 | 5.54% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 4 | $360,000 | $90,000 | $883 | 5.69% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 5 | $345,000 | $69,000 | $535 | 4.40% |
| RENO, NV (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $1,480 | 5.76% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 3.25% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 3.25% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $465 | 6.42% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $997 | 5.38% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $1,459 | 4.94% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 4.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 3.25% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 3.25% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $480 | 4.38% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $450 | 5.63% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 3.25% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 3 | $195,000 | $65,000 | $472 | 6.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $1,021 | 5.26% |
| FRESNO, CA (FHA|USDA|VA) | 3 | $175,000 | $58,333 | $400 | 3.96% |
| OCALA, FL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $480 | 5.50% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $700 | 5.38% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.75% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.25% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.25% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $450 | 4.19% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $550 | 5.51% |
| Bennington, VT (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.75% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $525 | 5.38% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 3.25% |
| Oneonta, NY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $450 | 5.38% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.25% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.25% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.25% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.25% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.75% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $450 | 5.19% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.25% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.75% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.13% |
| AKRON, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.25% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.25% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $450 | 5.38% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $450 | 5.38% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.25% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $480 | 5.38% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $465 | 5.38% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.75% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $0 | 3.25% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $465 | 4.19% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $465 | 5.63% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $660 | 5.63% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 3.25% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.75% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 3.25% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $495 | 5.63% |
| DOVER, DE (FHA|USDA|VA) | 2 | $80,000 | $40,000 | $735 | 5.13% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $80,000 | $40,000 | $660 | 5.07% |
| BISMARCK, ND (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $495 | 7.25% |
| Lake City, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,210 | 5.63% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $480 | 5.63% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.25% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $735 | 5.38% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $775 | 5.88% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.75% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.25% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.75% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $480 | 5.38% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.25% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 3.25% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 2 | $60,000 | $30,000 | $396 | 6.32% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 2 | $60,000 | $30,000 | $750 | 5.38% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.75% |
| REDDING, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,295 | 5.63% |
| NILES, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $450 | 7.25% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.25% |
| BANGOR, ME (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $480 | 5.63% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $450 | 7.25% |
| TULSA, OK (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $650 | 5.38% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $575 | 5.63% |
| Bluefield, WV-VA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 3.25% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $450 | 5.13% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $485 | 4.88% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $5,000 | $5,000 | $770 | 5.13% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 293 | $47,495,000 | $162,099 | n/a | 4.21% |
| Conventional | 258 | $25,650,000 | $99,419 | $667 | 5.64% |
For 2022, United States Senate Federal Credit Union's most frequently originated type of loan was HELOC, with 293 originations. Their 2nd most popular type was Conventional, with 258 originations.
Loan Reason
For 2022, United States Senate Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 350 originations. The 2nd most popular reason was Other, with 128 originations.
Loan Duration/Length
For 2022, United States Senate Federal Credit Union's most frequently cited loan duration was 20 Year, with 293 originations. The 2nd most popular length was 15 Year, with 167 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 256 | $25,370,000 | $99,102 |
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 256 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 229 | $24,205,000 | $105,699 |
| 3-4% | 156 | $23,740,000 | $152,179 |
| 4-5% | 89 | $15,305,000 | $171,966 |
| 6-7% | 54 | $8,760,000 | $162,222 |
| 7-8% | 23 | $1,135,000 | $49,348 |
During 2022, 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 5-6%, with 229 originations.
Loan Sizing
2022 saw United States Senate Federal Credit Union place emphasis on $100,000 or less loans with 246 originations, totaling $14,060,000 in origination value.
Applicant Income
United States Senate Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 210 originations. The second most popular income band? $250k+, with 163 originations.
Applicant Debt to Income Ratio
United States Senate Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 125 originations. The next most common DTI ratio? 50-60%, with 78 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.72%
United States Senate Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination83.48%
United States Senate Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 551 | $73,145,000 | $132,750 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| United Shore Financial Services, LLC | Conventional home mortgage | Closing on a mortgage | 1 | 33.3% |
| United Shore Financial Services, LLC | Conventional home mortgage | Trouble during payment process | 2 | 66.7% |