Thrivent Federal Credit Union Mortgage Rates, Fees & Info
Appleton, WILEI: 549300WW4OBT30G5DK23
Tax ID: 46-1316895
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Mortgage Data
Review & Overview
Thrivent Federal Credit Union is a smaller credit union specializing in Home Purchase loans. Thrivent Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Minneapolis, Fargo, Appleton, Milwaukee, and Miami among others. We have data for 125 markets. (Some data included below & more in-depth data is available with an active subscription.)Thrivent 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. Thrivent Federal 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 relatively high 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 | 6.46% | 11/17/24 |
| 30 Year Conventional Refi | 6.37% | 11/17/24 |
| 30 Year Cash-out Refi | 6.51% | 11/17/24 |
| 30 Year VA Purchase | 6.66% | 11/17/24 |
| 15 Year Conventional Purchase | 6.16% | 11/17/24 |
| 15 Year Conventional Refi | 6.05% | 11/17/24 |
| 15 Year Cash-out Refi | 6.05% | 11/17/24 |
| 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. | ||
Thrivent 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 Thrivent 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
344Origination Dollar Volume (All Markets)
$55,030,000Relative Rate
Thrivent Federal Credit Union's average 30 year fixed mortgage rate was
6.65%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.17%.
Relative Fees (Closing Costs)
Thrivent Federal Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,246.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
|---|---|---|---|---|---|
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 62 | $10,130,000 | $163,387 | $2,865 | 7.95% |
| Outside of Metro Areas | 35 | $8,645,000 | $247,000 | $3,997 | 7.50% |
| FARGO, ND-MN (FHA|USDA|VA) | 5 | $1,825,000 | $365,000 | $5,651 | 6.80% |
| APPLETON, WI (FHA|USDA|VA) | 12 | $1,580,000 | $131,667 | $2,805 | 7.61% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 7 | $1,455,000 | $207,857 | $2,556 | 8.68% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $1,315,000 | $263,000 | $4,202 | 6.55% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 7 | $1,155,000 | $165,000 | $4,206 | 7.73% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $5,728 | 6.78% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $985,000 | $328,333 | $9,227 | 8.08% |
| MADISON, WI (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $1,467 | 7.94% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $2,307 | 7.41% |
| Brainerd, MN (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $4,322 | 7.56% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 6 | $880,000 | $146,667 | $1,606 | 8.40% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 10 | $810,000 | $81,000 | $983 | 9.37% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 6 | $730,000 | $121,667 | $3,606 | 8.04% |
| THE VILLAGES, FL (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $3,464 | 5.71% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $8,365 | 7.50% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 6 | $660,000 | $110,000 | $2,471 | 7.75% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $9,008 | 6.38% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $21,221 | 6.38% |
| DULUTH, MN-WI (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $2,377 | 8.46% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $6,888 | 6.63% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $2,219 | 9.33% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $4,762 | 6.25% |
| MANHATTAN, KS (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $3,466 | 8.41% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 5 | $435,000 | $87,000 | $1,288 | 7.88% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $2,091 | 8.50% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $3,393 | 6.25% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $5,296 | 7.25% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $2,284 | 7.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $380,000 | $95,000 | $2,307 | 8.63% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $2,315 | 8.33% |
| ASHEVILLE, NC (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $1,131 | 9.17% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,669 | 7.63% |
| Crossville, TN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $1,777 | 8.00% |
| Iron Mountain, MI-WI (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $1,582 | 7.44% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,498 | 7.81% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,091 | 6.75% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,871 | 5.88% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $5,612 | 6.31% |
| Beaver Dam, WI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,871 | 6.50% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $16,793 | 5.50% |
| Ottawa, IL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $2,400 | 7.75% |
| Fairmont, WV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $8,131 | 7.25% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $16,526 | 5.38% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $1,865 | 7.92% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,436 | 5.75% |
| Brookings, SD (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,923 | 7.63% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,634 | 6.88% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,059 | 6.88% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,280 | 6.50% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $3,533 | 7.75% |
| Wahpeton, ND-MN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,503 | 6.63% |
| Austin, MN (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $2,153 | 7.44% |
| LINCOLN, NE (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $1,366 | 8.50% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $607 | 9.25% |
| SALEM, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,249 | 9.00% |
| TOLEDO, OH (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $2,833 | 9.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $2,764 | 7.69% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,601 | 6.75% |
| MANKATO, MN (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $1,790 | 8.13% |
| Guymon, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $13,146 | 6.50% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,037 | 6.25% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 6.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $1,860 | 6.38% |
| NILES, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,448 | 6.13% |
| Brevard, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,753 | 6.50% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,691 | 6.75% |
| AKRON, OH (FHA|USDA|VA) | 3 | $135,000 | $45,000 | $669 | 9.17% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,051 | 8.00% |
| Owatonna, MN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,861 | 6.75% |
| Sedalia, MO (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,921 | 6.63% |
| Marinette, WI-MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,204 | 6.88% |
| Minot, ND (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,107 | 8.50% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $841 | 9.38% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,089 | 8.75% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,431 | 5.75% |
| ALTOONA, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,107 | 9.50% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,021 | 6.75% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,693 | 6.13% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,107 | 8.75% |
| FORT COLLINS, CO (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $839 | 8.81% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $800 | 9.38% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $1,186 | 9.38% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $890 | 10.00% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,057 | 8.00% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $1,535 | 8.25% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,007 | 8.75% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,051 | 9.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $80,000 | $40,000 | $795 | 10.56% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,758 | 6.25% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,955 | 6.00% |
| Fernley, NV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,385 | 10.25% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $982 | 9.75% |
| REDDING, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $988 | 8.50% |
| Alexandria, MN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,472 | 11.75% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $904 | 8.75% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $873 | 8.75% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $922 | 8.50% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $750 | 9.50% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $460 | 9.75% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,560 | 6.25% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $60,000 | $30,000 | $447 | 8.75% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $60,000 | $30,000 | $488 | 9.63% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $857 | 9.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,367 | 8.50% |
| New Ulm, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $363 | 9.25% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $387 | 10.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $794 | 9.88% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $833 | 9.75% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,635 | 6.75% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $847 | 8.75% |
| Grand Rapids, MN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $807 | 8.88% |
| OCALA, FL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $762 | 8.25% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $771 | 8.88% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $1,192 | 6.75% |
| Branson, MO (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $799 | 9.50% |
| RACINE, WI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $716 | 9.38% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $646 | 10.25% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $689 | 8.25% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $749 | 9.50% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $682 | 7.75% |
| Winfield, KS (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $397 | 8.50% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $664 | 8.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $659 | 8.25% |
Similar Lenders
We use machine learning to identify the top lenders compared against THRIVENT Federal Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 342 | $54,560,000 | $159,532 | $3,027 | 7.92% |
| VA | 2 | $470,000 | $235,000 | $10,639 | 6.88% |
For 2023, Thrivent Federal Credit Union's most frequently originated type of loan was Conventional, with 342 originations. Their 2nd most popular type was VA, with 2 originations.
Loan Reason
For 2023, Thrivent Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 130 originations. The 2nd most popular reason was Home Improvement, with 89 originations.
Loan Duration/Length
For 2023, Thrivent Federal Credit Union's most frequently cited loan duration was 15 Year, with 172 originations. The 2nd most popular length was 30 Year, with 104 originations.
Origination Fees/Closing Costs
Thrivent Federal Credit Union's average total fees were $6,246, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 209 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 175 | $13,225,000 | $75,571 |
| 6-7% | 91 | $20,695,000 | $227,418 |
| 7-8% | 40 | $9,380,000 | $234,500 |
| 5-6% | 35 | $11,455,000 | $327,286 |
| 4-5% | 3 | $275,000 | $91,667 |
During 2023, Thrivent Federal Credit Union's average interest rate for loans was 6.65%, while their most frequently originated rate bucket for loans was Over 8%, with 175 originations.
Loan Sizing
2023 saw Thrivent Federal Credit Union place emphasis on $100,000 or less loans with 174 originations, totaling $8,460,000 in origination value.
Applicant Income
Thrivent Federal Credit Union lent most frequently to those with incomes in the $150k-250k range, with 87 originations. The second most popular income band? $100k-150k, with 74 originations.
Applicant Debt to Income Ratio
Thrivent Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 65 originations. The next most common DTI ratio? 20-30%, with 48 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.73%
Thrivent Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination67.73%
Thrivent Federal Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 344 | $55,030,000 | $159,971 |