Thrivent Federal Credit Union Mortgage Rates, Fees & Info

Appleton, WI

LEI: 549300WW4OBT30G5DK23

Tax ID: 46-1316895

5 stars - out of 5 stars, based on 28 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Thrivent Federal Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. Thrivent Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Minneapolis, Chicago, San Diego, Los Angeles, and Seattle among others. We have data for 214 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Thrivent 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. 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.46% 3/27/23
    30 Year Conventional Refi 6.37% 3/27/23
    30 Year Cash-out Refi 6.51% 3/27/23
    30 Year VA Purchase 6.66% 3/27/23
    15 Year Conventional Purchase 6.16% 3/27/23
    15 Year Conventional Refi 6.05% 3/27/23
    15 Year Cash-out Refi 6.05% 3/27/23
    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.


    Originations

    775

    Origination Dollar Volume (All Markets)

    $151,235,000

    Relative Rate

    Thrivent Federal Credit Union's average 30 year fixed mortgage rate was 3.98%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of -0.78%.

    Relative Fees (Closing Costs)

    Thrivent Federal Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $4,426.

    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 $4,750.

    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) 106 $20,780,000 $196,038 $2,622 4.29%
    Outside of Metro Areas 74 $10,350,000 $139,865 $2,586 4.22%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 32 $9,430,000 $294,688 $2,586 4.44%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $8,625,000 $1,232,143 $3,437 4.11%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 9 $5,505,000 $611,667 $3,343 4.12%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 11 $4,135,000 $375,909 $3,235 4.26%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 15 $3,215,000 $214,333 $2,387 4.59%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 9 $3,045,000 $338,333 $2,998 4.85%
    MANSFIELD, OH (FHA|USDA|VA) 1 $2,645,000 $2,645,000 $0 6.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 18 $2,500,000 $138,889 $1,755 4.58%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 14 $2,250,000 $160,714 $2,248 3.75%
    APPLETON, WI (FHA|USDA|VA) 19 $2,215,000 $116,579 $2,397 4.27%
    BOISE CITY, ID (FHA|USDA|VA) 4 $2,200,000 $550,000 $3,049 4.82%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 8 $2,080,000 $260,000 $3,838 4.06%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 12 $1,890,000 $157,500 $1,980 4.69%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $1,730,000 $216,250 $3,398 4.73%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 9 $1,725,000 $191,667 $3,741 3.83%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $1,665,000 $237,857 $5,190 3.50%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $1,445,000 $289,000 $3,897 3.45%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 10 $1,310,000 $131,000 $1,676 4.40%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 7 $1,275,000 $182,143 $3,597 3.71%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $1,245,000 $415,000 $4,504 5.38%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $1,195,000 $132,778 $2,457 4.64%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,130,000 $188,333 $3,219 3.60%
    Bemidji, MN (FHA|USDA|VA) 2 $1,090,000 $545,000 $2,341 4.19%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $1,000,000 $250,000 $5,256 3.75%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $980,000 $490,000 $8,246 3.13%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 6 $980,000 $163,333 $3,329 3.48%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 5 $945,000 $189,000 $3,006 3.60%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $945,000 $189,000 $3,058 4.50%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 3 $945,000 $315,000 $5,078 4.54%
    COLUMBUS, OH (FHA|USDA|VA) 9 $885,000 $98,333 $1,724 4.12%
    ASHEVILLE, NC (FHA|USDA|VA) 5 $885,000 $177,000 $2,423 4.25%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $880,000 $440,000 $4,278 3.31%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $865,000 $173,000 $3,366 4.08%
    LANCASTER, PA (FHA|USDA|VA) 4 $850,000 $212,500 $3,661 4.75%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $850,000 $425,000 $2,821 3.50%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 8 $830,000 $103,750 $1,413 4.72%
    Iron Mountain, MI-WI (FHA|USDA|VA) 4 $830,000 $207,500 $3,842 3.31%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 6 $800,000 $133,333 $2,658 4.52%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $775,000 $258,333 $3,366 3.54%
    RALEIGH-CARY, NC (FHA|USDA|VA) 4 $750,000 $187,500 $2,313 4.47%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $725,000 $241,667 $3,432 3.75%
    Fergus Falls, MN (FHA|USDA|VA) 3 $725,000 $241,667 $1,500 3.91%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $710,000 $355,000 $4,474 4.44%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $700,000 $350,000 $6,677 3.44%
    TUCSON, AZ (FHA|USDA|VA) 7 $685,000 $97,857 $2,235 4.69%
    Brainerd, MN (FHA|USDA|VA) 3 $655,000 $218,333 $5,110 3.58%
    JACKSONVILLE, FL (FHA|USDA|VA) 4 $650,000 $162,500 $5,169 3.88%
    MANKATO, MN (FHA|USDA|VA) 3 $645,000 $215,000 $1,894 2.96%
    ROCHESTER, MN (FHA|USDA|VA) 4 $600,000 $150,000 $2,458 4.28%
    ANN ARBOR, MI (FHA|USDA|VA) 2 $600,000 $300,000 $3,893 4.19%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $600,000 $300,000 $3,386 4.25%
    EAU CLAIRE, WI (FHA|USDA|VA) 4 $600,000 $150,000 $2,457 4.75%
    SAVANNAH, GA (FHA|USDA|VA) 5 $595,000 $119,000 $1,816 4.53%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 7 $585,000 $83,571 $1,200 6.11%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $580,000 $290,000 $7,017 3.75%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $575,000 $191,667 $3,831 3.79%
    FARGO, ND-MN (FHA|USDA|VA) 3 $555,000 $185,000 $3,276 4.29%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 3 $555,000 $185,000 $2,323 4.00%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $540,000 $270,000 $4,041 3.44%
    DULUTH, MN-WI (FHA|USDA|VA) 3 $535,000 $178,333 $3,225 3.33%
    GREELEY, CO (FHA|USDA|VA) 1 $535,000 $535,000 $5,383 3.75%
    AMES, IA (FHA|USDA|VA) 3 $515,000 $171,667 $3,252 4.67%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 4 $510,000 $127,500 $2,113 4.44%
    SHEBOYGAN, WI (FHA|USDA|VA) 4 $500,000 $125,000 $892 5.63%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $500,000 $250,000 $2,817 4.13%
    HUNTSVILLE, AL (FHA|USDA|VA) 1 $495,000 $495,000 $5,103 4.13%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $485,000 $485,000 $5,792 3.25%
    BEND, OR (FHA|USDA|VA) 1 $465,000 $465,000 $6,087 4.88%
    LINCOLN, NE (FHA|USDA|VA) 2 $460,000 $230,000 $3,356 3.56%
    Red Wing, MN (FHA|USDA|VA) 3 $455,000 $151,667 $3,927 4.67%
    Alexandria, MN (FHA|USDA|VA) 3 $455,000 $151,667 $2,203 3.58%
    BOULDER, CO (FHA|USDA|VA) 1 $455,000 $455,000 $4,230 3.50%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $450,000 $112,500 $3,277 3.72%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $450,000 $225,000 $6,155 4.94%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $440,000 $220,000 $4,208 5.19%
    Whitewater, WI (FHA|USDA|VA) 2 $430,000 $215,000 $2,747 3.44%
    ST. CLOUD, MN (FHA|USDA|VA) 2 $420,000 $210,000 $2,759 3.93%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $410,000 $205,000 $4,787 4.75%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $405,000 $405,000 $4,314 4.38%
    RACINE, WI (FHA|USDA|VA) 2 $400,000 $200,000 $2,150 4.81%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $395,000 $79,000 $1,253 4.25%
    GREEN BAY, WI (FHA|USDA|VA) 2 $390,000 $195,000 $4,408 4.63%
    PITTSBURGH, PA (FHA|USDA|VA) 3 $385,000 $128,333 $2,535 4.50%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $380,000 $190,000 $3,201 4.44%
    Astoria, OR (FHA|USDA|VA) 1 $375,000 $375,000 $7,308 3.88%
    Quincy, IL-MO (FHA|USDA|VA) 2 $370,000 $185,000 $5,123 4.94%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $360,000 $90,000 $2,081 4.28%
    North Platte, NE (FHA|USDA|VA) 1 $355,000 $355,000 $7,670 4.88%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $345,000 $345,000 $3,021 2.50%
    Craig, CO (FHA|USDA|VA) 1 $345,000 $345,000 $3,670 2.88%
    TOPEKA, KS (FHA|USDA|VA) 2 $330,000 $165,000 $2,780 4.75%
    SIOUX FALLS, SD (FHA|USDA|VA) 2 $330,000 $165,000 $2,553 4.38%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $310,000 $155,000 $1,816 4.06%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $310,000 $155,000 $2,978 3.87%
    PUNTA GORDA, FL (FHA|USDA|VA) 3 $305,000 $101,667 $2,419 4.50%
    Montrose, CO (FHA|USDA|VA) 1 $305,000 $305,000 $4,750 3.75%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $300,000 $150,000 $3,052 4.62%
    WENATCHEE, WA (FHA|USDA|VA) 1 $275,000 $275,000 $3,849 2.63%
    GETTYSBURG, PA (FHA|USDA|VA) 2 $270,000 $135,000 $2,222 3.69%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 2 $260,000 $130,000 $2,996 3.87%
    RICHMOND, VA (FHA|USDA|VA) 1 $255,000 $255,000 $2,938 2.63%
    Manitowoc, WI (FHA|USDA|VA) 3 $245,000 $81,667 $1,368 4.24%
    Brookings, SD (FHA|USDA|VA) 1 $245,000 $245,000 $5,277 2.63%
    MOBILE, AL (FHA|USDA|VA) 2 $240,000 $120,000 $1,443 3.25%
    Decatur, IN (FHA|USDA|VA) 1 $235,000 $235,000 $3,144 2.50%
    MANHATTAN, KS (FHA|USDA|VA) 2 $230,000 $115,000 $1,907 3.38%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $225,000 $225,000 $4,340 5.38%
    FLINT, MI (FHA|USDA|VA) 1 $225,000 $225,000 $4,244 2.75%
    AKRON, OH (FHA|USDA|VA) 2 $220,000 $110,000 $1,971 4.06%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $220,000 $110,000 $1,302 4.56%
    Fremont, NE (FHA|USDA|VA) 2 $210,000 $105,000 $1,877 3.00%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $200,000 $50,000 $861 4.44%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $195,000 $195,000 $3,151 3.38%
    MEDFORD, OR (FHA|USDA|VA) 1 $195,000 $195,000 $3,321 4.50%
    BAY CITY, MI (FHA|USDA|VA) 1 $195,000 $195,000 $3,103 4.00%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $195,000 $195,000 $7,370 3.50%
    Easton, MD (FHA|USDA|VA) 1 $195,000 $195,000 $3,776 4.00%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,483 4.13%
    Brookings, OR (FHA|USDA|VA) 1 $185,000 $185,000 $3,506 3.00%
    ROANOKE, VA (FHA|USDA|VA) 1 $185,000 $185,000 $3,570 5.75%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $185,000 $185,000 $4,057 3.13%
    Grand Rapids, MN (FHA|USDA|VA) 1 $185,000 $185,000 $3,049 2.63%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $180,000 $90,000 $1,040 4.56%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.68%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,126 3.00%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $170,000 $85,000 $771 4.81%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $165,000 $165,000 $3,358 2.63%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $165,000 $55,000 $1,030 6.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $165,000 $165,000 $1,489 5.63%
    Williston, ND (FHA|USDA|VA) 2 $160,000 $80,000 $1,302 4.68%
    Murray, KY (FHA|USDA|VA) 1 $155,000 $155,000 $2,801 5.00%
    RENO, NV (FHA|USDA|VA) 1 $155,000 $155,000 $1,027 4.63%
    NEW BERN, NC (FHA|USDA|VA) 1 $155,000 $155,000 $3,343 3.63%
    Marinette, WI-MI (FHA|USDA|VA) 1 $155,000 $155,000 $3,150 3.00%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 3 $155,000 $51,667 $876 5.29%
    MADISON, WI (FHA|USDA|VA) 2 $150,000 $75,000 $2,822 3.94%
    JACKSON, MI (FHA|USDA|VA) 1 $145,000 $145,000 $3,678 3.75%
    Greenville, OH (FHA|USDA|VA) 1 $145,000 $145,000 $2,439 3.88%
    Sandusky, OH (FHA|USDA|VA) 1 $145,000 $145,000 $3,782 6.25%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $145,000 $145,000 $2,820 3.00%
    Rochelle, IL (FHA|USDA|VA) 1 $145,000 $145,000 $3,761 3.75%
    Ottawa, IL (FHA|USDA|VA) 2 $140,000 $70,000 $2,593 4.19%
    Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $135,000 $135,000 $6,095 4.63%
    COLUMBIA, SC (FHA|USDA|VA) 1 $135,000 $135,000 $4,577 3.88%
    Yankton, SD (FHA|USDA|VA) 1 $135,000 $135,000 $4,029 2.75%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,862 3.13%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $135,000 $135,000 $1,719 6.75%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $135,000 $135,000 $3,517 3.88%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $130,000 $65,000 $773 5.13%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $130,000 $65,000 $936 4.75%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $125,000 $125,000 $1,027 4.63%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $125,000 $125,000 $582 7.00%
    Brenham, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,412 4.75%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $115,000 $115,000 $1,875 2.75%
    Shawano, WI (FHA|USDA|VA) 1 $115,000 $115,000 $2,385 3.75%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $110,000 $55,000 $710 4.38%
    MONROE, MI (FHA|USDA|VA) 2 $110,000 $55,000 $728 5.00%
    Marquette, MI (FHA|USDA|VA) 1 $105,000 $105,000 $2,535 4.38%
    Kearney, NE (FHA|USDA|VA) 1 $105,000 $105,000 $1,599 3.99%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $105,000 $105,000 $1,031 5.25%
    Rockport, TX (FHA|USDA|VA) 1 $105,000 $105,000 $4,284 4.38%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $105,000 $105,000 $1,974 4.24%
    SYRACUSE, NY (FHA|USDA|VA) 2 $100,000 $50,000 $2,186 5.25%
    MIDLAND, MI (FHA|USDA|VA) 2 $100,000 $50,000 $1,659 2.44%
    Scottsboro, AL (FHA|USDA|VA) 1 $95,000 $95,000 $2,720 2.88%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $95,000 $95,000 $1,913 2.63%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $95,000 $95,000 $3,931 6.00%
    Bellefontaine, OH (FHA|USDA|VA) 1 $95,000 $95,000 $2,509 2.75%
    FOND DU LAC, WI (FHA|USDA|VA) 1 $95,000 $95,000 $2,926 3.25%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $90,000 $45,000 $1,496 4.81%
    PEORIA, IL (FHA|USDA|VA) 1 $85,000 $85,000 $2,413 2.50%
    SALEM, OR (FHA|USDA|VA) 1 $85,000 $85,000 $2,522 5.38%
    Atchison, KS (FHA|USDA|VA) 1 $85,000 $85,000 $2,164 2.88%
    St. Marys, GA (FHA|USDA|VA) 1 $85,000 $85,000 $1,431 6.50%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $80,000 $40,000 $726 5.50%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $80,000 $40,000 $642 5.13%
    Indiana, PA (FHA|USDA|VA) 1 $75,000 $75,000 $2,314 2.50%
    JOHNSON CITY, TN (FHA|USDA|VA) 1 $75,000 $75,000 $1,376 5.38%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $75,000 $75,000 $952 6.38%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $75,000 $75,000 $2,639 5.75%
    MUSKEGON, MI (FHA|USDA|VA) 1 $75,000 $75,000 $469 6.50%
    McPherson, KS (FHA|USDA|VA) 1 $75,000 $75,000 $2,606 3.38%
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $75,000 $75,000 $3,344 3.75%
    ROCKFORD, IL (FHA|USDA|VA) 2 $70,000 $35,000 $697 3.56%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $65,000 $65,000 $829 4.63%
    Sterling, IL (FHA|USDA|VA) 1 $65,000 $65,000 $2,586 4.75%
    Ottawa, KS (FHA|USDA|VA) 1 $55,000 $55,000 $832 6.75%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $55,000 $55,000 $716 4.13%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $55,000 $55,000 $246 4.99%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $55,000 $55,000 $3,375 5.38%
    WICHITA FALLS, TX (FHA|USDA|VA) 1 $55,000 $55,000 $1,842 3.88%
    Austin, MN (FHA|USDA|VA) 1 $55,000 $55,000 $1,757 3.88%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 2 $50,000 $25,000 $1,122 3.38%
    Ashtabula, OH (FHA|USDA|VA) 1 $45,000 $45,000 $726 4.63%
    FAIRBANKS, AK (FHA|USDA|VA) 1 $45,000 $45,000 $678 4.63%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $45,000 $45,000 $724 6.25%
    STOCKTON, CA (FHA|USDA|VA) 1 $45,000 $45,000 $688 3.63%
    Auburn, IN (FHA|USDA|VA) 1 $45,000 $45,000 $1,342 3.00%
    Albemarle, NC (FHA|USDA|VA) 1 $35,000 $35,000 $604 5.38%
    Tiffin, OH (FHA|USDA|VA) 1 $35,000 $35,000 $716 5.75%
    Muscatine, IA (FHA|USDA|VA) 1 $35,000 $35,000 $728 3.63%
    Menomonie, WI (FHA|USDA|VA) 1 $35,000 $35,000 $616 3.63%
    FORT WAYNE, IN (FHA|USDA|VA) 1 $35,000 $35,000 $1,192 5.13%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $25,000 $25,000 $661 3.99%
    Warrensburg, MO (FHA|USDA|VA) 1 $25,000 $25,000 $631 5.50%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $25,000 $25,000 $588 5.13%
    ROCHESTER, NY (FHA|USDA|VA) 1 $25,000 $25,000 $644 5.00%
    Findlay, OH (FHA|USDA|VA) 1 $25,000 $25,000 $632 4.50%
    Show Low, AZ (FHA|USDA|VA) 1 $25,000 $25,000 $234 5.24%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $25,000 $25,000 $605 3.38%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $15,000 $15,000 $653 5.88%
    Thrivent Federal Credit Union's top markets include Minneapolis, Chicago, San Diego, Los Angeles, and Seattle among others.

    Their top states include:
  • Minnesota (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 775 $151,235,000 $195,142 $2,688 4.27%

    For 2022, Thrivent Federal Credit Union's most frequently originated type of loan was Conventional, with 775 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 236 $72,280,000 $306,271 $4,150 4.29%
    Home Improvement 212 $16,480,000 $77,736 $1,007 4.62%
    Cash Out Refi 137 $32,935,000 $240,401 $3,865 3.66%
    Other 130 $14,010,000 $107,769 $1,522 4.78%
    Refi 60 $15,530,000 $258,833 $2,913 3.33%

    For 2022, Thrivent Federal Credit Union's most frequently cited loan purpose was Home Purchase, with 236 originations. The 2nd most popular reason was Home Improvement, with 212 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 301 $93,665,000 $311,179 $4,426 3.98%
    15 Year 277 $28,635,000 $103,375 $1,513 4.73%
    10 Year 151 $24,395,000 $161,556 $1,508 4.10%
    5 Year 20 $680,000 $34,000 $570 4.20%
    20 Year 11 $1,865,000 $169,545 $3,888 4.19%
    3 Year 9 $255,000 $28,333 $414 3.69%
    Other 5 $1,665,000 $333,000 $7,234 2.90%
    1 Year 1 $75,000 $75,000 $1,250 10.25%

    For 2022, Thrivent Federal Credit Union's most frequently cited loan duration was 30 Year, with 301 originations. The 2nd most popular length was 15 Year, with 277 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 377 $28,795,000 $76,379
    $1k-2k 182 $30,010,000 $164,890
    $2k-3k 129 $47,375,000 $367,248
    $3k-4k 42 $14,070,000 $335,000
    $5k+ 20 $7,740,000 $387,000
    $4k-5k 15 $5,905,000 $393,667

    Thrivent Federal Credit Union's average total fees were $4,426, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 377 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 252 $58,780,000 $233,254
    4-5% 218 $38,000,000 $174,312
    5-6% 122 $17,860,000 $146,393
    2.5-3% 112 $29,490,000 $263,304
    6-7% 41 $3,155,000 $76,951
    <2.5% 16 $2,210,000 $138,125
    7-8% 7 $825,000 $117,857
    Over 8% 3 $385,000 $128,333

    During 2022, Thrivent Federal Credit Union's average interest rate for loans was 3.98%, while their most frequently originated rate bucket for loans was 3-4%, with 252 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 337 $17,565,000 $52,122 $1,071 4.65%
    $100k-200k 193 $27,865,000 $144,378 $2,794 4.11%
    $200k-400k 167 $46,685,000 $279,551 $4,466 3.89%
    $400k-600k 51 $24,085,000 $472,255 $5,563 3.90%
    $600k-1MM 20 $14,750,000 $737,500 $6,453 3.78%
    $1MM+ 7 $20,285,000 $2,897,857 $5,709 4.24%

    2022 saw Thrivent Federal Credit Union place emphasis on $100,000 or less loans with 337 originations, totaling $17,565,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 190 $32,130,000 $169,105 $2,563 4.38%
    $50k-75k 143 $18,935,000 $132,413 $2,687 4.15%
    $150k-250k 140 $33,650,000 $240,357 $3,224 4.24%
    $75k-100k 135 $20,245,000 $149,963 $2,509 4.36%
    $50k or less 113 $14,075,000 $124,558 $2,366 4.13%
    $250k+ 44 $14,860,000 $337,727 $2,899 4.38%

    Thrivent Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 190 originations. The second most popular income band? $50k-75k, with 143 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 170 $26,900,000 $158,235 $2,571 4.19%
    30-36% 146 $26,380,000 $180,685 $2,727 4.10%
    <20% 73 $11,485,000 $157,329 $2,708 3.88%
    38% 42 $7,000,000 $166,667 $2,610 4.34%
    44% 37 $6,595,000 $178,243 $2,929 4.56%
    41% 34 $6,230,000 $183,235 $2,727 4.62%
    40% 32 $5,450,000 $170,313 $2,516 4.41%
    36% 29 $4,995,000 $172,241 $2,338 4.76%
    37% 26 $3,620,000 $139,231 $2,504 4.30%
    39% 26 $3,940,000 $151,538 $2,353 4.26%
    46% 25 $5,845,000 $233,800 $3,155 4.26%
    42% 23 $3,705,000 $161,087 $2,301 4.41%
    43% 22 $4,740,000 $215,455 $3,458 4.15%
    45% 18 $6,690,000 $371,667 $3,536 4.51%
    48% 14 $2,090,000 $149,286 $2,706 3.97%
    47% 13 $2,695,000 $207,308 $3,627 4.35%
    49% 12 $2,220,000 $185,000 $2,991 4.28%
    50-60% 11 $1,385,000 $125,909 $1,513 5.70%
    >60% 11 $1,895,000 $172,273 $2,502 4.76%

    Thrivent Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 170 originations. The next most common DTI ratio? 30-36%, with 146 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 661 $112,425,000 $170,083 $2,648 4.27%
    Not applicable 10 $17,340,000 $1,734,000 $0 4.66%
    Not provided 78 $16,050,000 $205,769 $2,970 4.23%
    Black 14 $3,190,000 $227,857 $3,692 4.22%
    American Indian 7 $1,295,000 $185,000 $1,919 4.52%
    Asian 4 $880,000 $220,000 $2,144 4.34%
    Native Hawaiian or Islander 1 $55,000 $55,000 $804 4.88%

    Approval Rates

    Total approvals of all applications
    91.95%

    Thrivent Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.74%

    Thrivent Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 775 $151,235,000 $195,142

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    775 $151,235,000 $195,142

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 137 $21,195,000 $154,708 $1,963 4.29%
    40-60% 113 $29,105,000 $257,566 $3,560 3.95%
    60-80% 171 $55,305,000 $323,421 $4,180 3.84%
    80-100% 101 $32,305,000 $319,851 $4,879 4.13%
    Under 20% 251 $13,105,000 $52,211 $839 4.77%