Thrivent Federal Credit Union Mortgage Rates, Fees & Info
Appleton, WILEI: 549300WW4OBT30G5DK23
Tax ID: 46-1316895
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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, Salem, Chicago, Billings, and Appleton among others. We have data for 123 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 a low 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 | 7.02% | 4/5/25 |
| 30 Year Cash-out Refi | 7.34% | 4/5/25 |
| 15 Year Conventional Purchase | 6.78% | 4/5/25 |
| 15 Year Conventional Refi | 7.59% | 4/5/25 |
| 15 Year Cash-out Refi | 7.59% | 4/5/25 |
| 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
310Origination Dollar Volume (All Markets)
$44,440,000Relative Rate
Thrivent Federal Credit Union's average 30 year fixed mortgage rate was
6.93%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.38%.
Relative Fees (Closing Costs)
Thrivent Federal Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,437.
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 $8,356.
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) | 45 | $5,675,000 | $126,111 | $2,222 | 8.27% |
| Outside of Metro Areas | 28 | $3,920,000 | $140,000 | $3,795 | 7.71% |
| SALEM, OR (FHA|USDA|VA) | 1 | $2,405,000 | $2,405,000 | $0 | 6.95% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 14 | $2,360,000 | $168,571 | $4,022 | 7.69% |
| BILLINGS, MT (FHA|USDA|VA) | 2 | $1,790,000 | $895,000 | $10,818 | 7.31% |
| APPLETON, WI (FHA|USDA|VA) | 9 | $1,105,000 | $122,778 | $2,959 | 7.69% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 6 | $960,000 | $160,000 | $2,683 | 8.56% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 8 | $820,000 | $102,500 | $3,314 | 7.66% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $3,307 | 7.94% |
| ASHEVILLE, NC (FHA|USDA|VA) | 4 | $760,000 | $190,000 | $3,009 | 8.06% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $10,694 | 7.19% |
| Whitewater, WI (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $2,504 | 8.75% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $7,281 | 8.54% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $6,615 | 6.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $6,844 | 6.88% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 5 | $585,000 | $117,000 | $1,418 | 8.15% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $3,182 | 8.54% |
| Alexandria, MN (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $2,485 | 8.19% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 5 | $555,000 | $111,000 | $1,768 | 8.18% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $1,611 | 9.54% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $9,491 | 7.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $5,766 | 7.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $1,947 | 8.97% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $3,796 | 7.19% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $6,161 | 7.69% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $470,000 | $117,500 | $2,865 | 8.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $13,066 | 5.50% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $1,956 | 8.46% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $7,320 | 6.13% |
| MADISON, WI (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $3,558 | 7.75% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 4 | $350,000 | $87,500 | $1,674 | 8.03% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $5,014 | 6.88% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,620 | 7.63% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $345,000 | $69,000 | $926 | 8.60% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $7,405 | 6.88% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $7,075 | 8.19% |
| Batesville, AR (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,979 | 6.63% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $3,107 | 7.79% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $2,771 | 7.08% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $6,646 | 6.63% |
| Fergus Falls, MN (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $1,013 | 9.38% |
| Pahrump, NV (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,268 | 6.69% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,919 | 6.88% |
| FORT WAYNE, IN (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $2,768 | 8.46% |
| TOPEKA, KS (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $2,806 | 7.29% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,144 | 8.25% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,446 | 8.00% |
| Kearney, NE (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,255 | 7.50% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $1,520 | 8.21% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,173 | 7.19% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $1,402 | 8.75% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,615 | 6.25% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $1,719 | 8.75% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,303 | 7.25% |
| SAVANNAH, GA (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $2,273 | 7.75% |
| Wahpeton, ND-MN (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $1,363 | 9.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $1,750 | 7.69% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,139 | 7.13% |
| Crossville, TN (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $2,581 | 7.50% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $974 | 8.75% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $195,000 | $65,000 | $925 | 9.17% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,017 | 6.75% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 3 | $175,000 | $58,333 | $895 | 8.58% |
| Roseburg, OR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,027 | 7.13% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,335 | 6.13% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $2,586 | 7.38% |
| ROCKFORD, IL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $964 | 9.38% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,475 | 10.50% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,904 | 6.25% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $760 | 9.75% |
| MANKATO, MN (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $1,222 | 9.38% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $841 | 9.94% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,114 | 9.25% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,647 | 6.50% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $871 | 8.38% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $607 | 9.25% |
| ALTOONA, PA (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $952 | 8.31% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,690 | 5.50% |
| LIMA, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,627 | 6.38% |
| Somerset, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,224 | 7.75% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,051 | 8.50% |
| RACINE, WI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,427 | 9.50% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $998 | 9.38% |
| Searcy, AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,693 | 7.25% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $80,000 | $40,000 | $782 | 8.63% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $942 | 8.50% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $967 | 9.00% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $896 | 9.00% |
| Grand Rapids, MN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,270 | 5.50% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,240 | 7.75% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $902 | 9.13% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $914 | 9.25% |
| Fort Morgan, CO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $853 | 8.25% |
| Stevens Point, WI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,272 | 9.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $779 | 7.75% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,722 | 5.88% |
| AKRON, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,354 | 9.38% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $309 | 9.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,997 | 10.50% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,004 | 9.75% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $884 | 8.75% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $779 | 8.75% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $369 | 11.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $807 | 10.50% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $826 | 8.50% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $751 | 10.25% |
| Fremont, NE (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $897 | 9.50% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $792 | 8.75% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,137 | 6.50% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $757 | 8.25% |
| Marinette, WI-MI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $757 | 8.50% |
| BAY CITY, MI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $793 | 9.75% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $1,727 | 9.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $331 | 10.25% |
| Dixon, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $796 | 8.25% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $692 | 8.50% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $734 | 8.75% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $1,147 | 9.25% |
| DuBois, PA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $728 | 8.75% |
| Manitowoc, WI (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $712 | 8.50% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $698 | 8.00% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $689 | 9.75% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $699 | 8.50% |
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 310 | $44,440,000 | $143,355 | $2,830 | 8.10% |
For 2024, Thrivent Federal Credit Union's most frequently originated type of loan was Conventional, with 310 originations.
Loan Reason
For 2024, Thrivent Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 99 originations. The 2nd most popular reason was Home Purchase, with 96 originations.
Loan Duration/Length
For 2024, Thrivent Federal Credit Union's most frequently cited loan duration was 15 Year, with 159 originations. The 2nd most popular length was 30 Year, with 85 originations.
Origination Fees/Closing Costs
Thrivent Federal Credit Union's average total fees were $6,437, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 194 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 171 | $11,775,000 | $68,860 |
| 6-7% | 72 | $19,150,000 | $265,972 |
| 7-8% | 49 | $10,035,000 | $204,796 |
| 5-6% | 18 | $3,480,000 | $193,333 |
During 2024, Thrivent Federal Credit Union's average interest rate for loans was 6.93%, while their most frequently originated rate bucket for loans was Over 8%, with 171 originations.
Loan Sizing
2024 saw Thrivent Federal Credit Union place emphasis on $100,000 or less loans with 176 originations, totaling $8,880,000 in origination value.
Applicant Income
Thrivent Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 81 originations. The second most popular income band? $75k-100k, with 63 originations.
Applicant Debt to Income Ratio
Thrivent Federal Credit Union lent most frequently to those with DTI ratios of 30-36%, with 48 originations. The next most common DTI ratio? 20-30%, with 47 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.39%
Thrivent Federal Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination70.65%
Thrivent Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 310 | $44,440,000 | $143,355 |