White Eagle Credit Union Mortgage Rates, Fees & Info

Augusta, KS

LEI: 549300WZ0MLK03PNE568

Tax ID: 48-0126615

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • 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

    White Eagle Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. White Eagle Credit Union has a high proportion of conventional loans. Their top (well, only) market is Wichita.

    White Eagle 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. White Eagle 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.


    Originations

    90

    Origination Dollar Volume (All Markets)

    $6,950,000

    Awards

    WHITE EAGLE Credit Union 30 Year Conventional Loans silver WHITE EAGLE Credit Union 30 Year Conventional Loans gold
    Show all (2) awards

    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
    WICHITA, KS (FHA|USDA|VA) 84 $6,550,000 $77,976 $1,183 5.23%
    Outside of Metro Areas 6 $400,000 $66,667 $1,773 4.92%
    White Eagle Credit Union's top markets include and Wichita among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against WHITE EAGLE Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The Halstead Bank
    Similarity Rank: 64
    MID AMERICAN
    Similarity Rank: 128
    WHITE EAGLE Credit Union
    Similarity Rank: 130
    SKYWARD
    Similarity Rank: 132
    Members Mortgage Services, L.L.C.
    Similarity Rank: 165
    HOME BANK AND TRUST COMPANY
    Similarity Rank: 261
    GOLDEN PLAINS
    Similarity Rank: 324
    MERITRUST Federal Credit Union
    Similarity Rank: 330
    Emprise Bank
    Similarity Rank: 420
    Wichita Federal Credit Union
    Similarity Rank: 567

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 90 $6,950,000 $77,222 $1,223 5.21%

    For 2018, White Eagle Credit Union's most frequently originated type of loan was Conventional, with 90 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 31 $3,825,000 $123,387 $1,897 4.93%
    Cash Out Refi 25 $1,535,000 $61,400 $1,115 5.34%
    Other 14 $470,000 $33,571 $269 5.50%
    Refi 11 $855,000 $77,727 $1,575 5.05%
    Home Improvement 9 $265,000 $29,444 $253 5.58%

    For 2018, White Eagle Credit Union's most frequently cited loan purpose was Home Purchase, with 31 originations. The 2nd most popular reason was Cash Out Refi, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 40 $4,690,000 $117,250 $1,985 5.06%
    10 Year 30 $1,240,000 $41,333 $497 5.53%
    5 Year 7 $175,000 $25,000 $228 5.14%
    Other 7 $225,000 $32,143 $213 5.39%
    15 Year 5 $455,000 $91,000 $2,068 4.55%
    20 Year 1 $165,000 $165,000 $2,329 4.50%

    For 2018, White Eagle Credit Union's most frequently cited loan duration was 30 Year, with 40 originations. The 2nd most popular length was 10 Year, with 30 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 82 $6,160,000 $75,122
    $1k-2k 7 $755,000 $107,857

    White Eagle Credit Union's average total fees were $1,985, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 82 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 58 $3,330,000 $57,414
    4-5% 32 $3,620,000 $113,125

    During 2018, White Eagle Credit Union's average interest rate for loans was 5.06%, while their most frequently originated rate bucket for loans was 5-6%, with 58 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 65 $2,825,000 $43,462 $885 5.31%
    $100k-200k 19 $2,645,000 $139,211 $2,115 4.95%
    $200k-400k 6 $1,480,000 $246,667 $2,056 4.94%

    2018 saw White Eagle Credit Union place emphasis on $100,000 or less loans with 65 originations, totaling $2,825,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 30 $1,800,000 $60,000 $1,335 5.20%
    $50k-75k 27 $1,905,000 $70,556 $1,217 5.26%
    $75k-100k 16 $1,850,000 $115,625 $1,407 5.13%
    $100k-150k 13 $705,000 $54,231 $812 5.23%
    $150k-250k 4 $690,000 $172,500 $1,013 5.25%

    White Eagle Credit Union lent most frequently to those with incomes in the $50k or less range, with 30 originations. The second most popular income band? $50k-75k, with 27 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 26 $1,860,000 $71,538 $923 5.37%
    30-36% 18 $1,040,000 $57,778 $1,081 5.31%
    <20% 11 $455,000 $41,364 $851 5.33%
    41% 6 $630,000 $105,000 $1,667 4.92%
    36% 4 $410,000 $102,500 $803 4.97%
    46% 4 $440,000 $110,000 $1,876 4.97%
    42% 3 $275,000 $91,667 $1,580 5.17%
    37% 3 $275,000 $91,667 $1,391 5.04%
    38% 3 $255,000 $85,000 $1,865 5.42%
    43% 2 $120,000 $60,000 $1,905 4.69%
    39% 2 $280,000 $140,000 $233 5.06%
    40% 2 $190,000 $95,000 $1,252 5.13%
    44% 2 $190,000 $95,000 $2,398 5.19%
    45% 2 $330,000 $165,000 $2,973 5.06%
    47% 1 $165,000 $165,000 $2,398 4.25%
    48% 1 $35,000 $35,000 $2,086 4.88%

    White Eagle Credit Union lent most frequently to those with DTI ratios of 20-30%, with 26 originations. The next most common DTI ratio? 30-36%, with 18 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 89 $6,915,000 $77,697 $1,233 5.21%
    Not provided 1 $35,000 $35,000 $327 5.75%

    Approval Rates

    Total approvals of all applications
    86.21%

    White Eagle Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    61.11%

    White Eagle 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 90 $6,950,000 $77,222

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 5 $415,000 $83,000
    Single Family (1-4 Units):Site-Built 85 $6,535,000 $76,882

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 19 $675,000 $35,526 $367 5.47%
    40-60% 12 $750,000 $62,500 $1,138 5.18%
    60-80% 20 $1,650,000 $82,500 $1,626 5.22%
    80-100% 28 $3,640,000 $130,000 $1,946 4.92%
    Under 20% 11 $235,000 $21,364 $217 5.55%