Delta Community Credit Union Mortgage Rates, Fees & Info

Atlanta, GA

LEI: 549300Y4BSP3BSFW7J29

Tax ID: 58-0904765

5 stars - out of 5 stars, based on 70 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Delta Community Credit Union is a smaller credit union specializing in Refi, Cash Out Refi, and Home Purchase loans. Delta Community Credit Union has a high proportion of conventional loans. Their top markets include Atlanta, Gainesville, Miami, Tampa, and Cincinnati among others. Delta Community Credit Union has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Delta Community Credit Union is typically an average fee lendor.


Originations

4,969

Origination Dollar Volume (All Markets)

$997,535,000
Show all (5) awards

Relative Rate

Delta Community Credit Union's average 30 year fixed rate mortgage of loans were 2.99%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.16%.

Relative Fees

Delta Community Credit Union's average total fees for a 30 year fixed rate mortgage are $4,678.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4,263 $842,335,000 $197,592 $4,167 2.92%
Outside of Metro Areas 74 $18,450,000 $249,324 $5,069 2.81%
GAINESVILLE, GA (FHA|USDA|VA) 55 $11,625,000 $211,364 $4,631 2.81%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 26 $7,640,000 $293,846 $6,447 2.83%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 25 $4,935,000 $197,400 $5,500 2.94%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 27 $4,375,000 $162,037 $3,476 2.93%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 18 $4,360,000 $242,222 $4,873 2.86%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 12 $3,860,000 $321,667 $5,420 3.28%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 17 $3,355,000 $197,353 $3,929 2.88%
SALT LAKE CITY, UT (FHA|USDA|VA) 16 $3,290,000 $205,625 $4,188 2.84%
Jefferson, GA (FHA|USDA|VA) 17 $2,985,000 $175,588 $4,104 2.76%
JACKSONVILLE, FL (FHA|USDA|VA) 12 $2,980,000 $248,333 $5,176 2.68%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 9 $2,955,000 $328,333 $5,447 2.82%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 11 $2,835,000 $257,727 $4,584 2.77%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 13 $2,775,000 $213,462 $4,559 2.93%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 14 $2,570,000 $183,571 $6,295 3.12%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 15 $2,525,000 $168,333 $3,661 3.28%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $2,450,000 $306,250 $6,059 2.95%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 11 $2,305,000 $209,545 $3,659 2.85%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 10 $2,130,000 $213,000 $4,724 2.46%
LaGrange, GA-AL (FHA|USDA|VA) 14 $2,130,000 $152,143 $3,788 2.85%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 9 $2,065,000 $229,444 $4,582 2.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $1,960,000 $490,000 $7,951 2.41%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 5 $1,805,000 $361,000 $7,134 3.13%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 8 $1,740,000 $217,500 $5,130 2.78%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 7 $1,725,000 $246,429 $4,555 2.66%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 9 $1,675,000 $186,111 $3,521 2.96%
WARNER ROBINS, GA (FHA|USDA|VA) 12 $1,670,000 $139,167 $4,358 3.46%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 8 $1,620,000 $202,500 $4,765 2.81%
SAVANNAH, GA (FHA|USDA|VA) 6 $1,570,000 $261,667 $5,564 2.58%
Alexander City, AL (FHA|USDA|VA) 5 $1,515,000 $303,000 $6,187 2.88%
PANAMA CITY, FL (FHA|USDA|VA) 6 $1,460,000 $243,333 $5,447 2.63%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 5 $1,455,000 $291,000 $4,595 2.95%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 7 $1,395,000 $199,286 $5,160 3.16%
Milledgeville, GA (FHA|USDA|VA) 4 $1,270,000 $317,500 $5,513 2.94%
Seneca, SC (FHA|USDA|VA) 4 $1,260,000 $315,000 $2,812 2.84%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $1,260,000 $210,000 $3,489 3.04%
Heber, UT (FHA|USDA|VA) 7 $1,225,000 $175,000 $4,441 2.77%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 4 $1,220,000 $305,000 $5,312 2.53%
KNOXVILLE, TN (FHA|USDA|VA) 6 $1,200,000 $200,000 $3,894 3.08%
ASHEVILLE, NC (FHA|USDA|VA) 3 $1,185,000 $395,000 $6,273 2.50%
Cornelia, GA (FHA|USDA|VA) 5 $1,125,000 $225,000 $4,926 2.68%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $1,040,000 $260,000 $3,358 3.03%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $1,000,000 $250,000 $4,049 3.41%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 4 $960,000 $240,000 $4,876 2.66%
ROME, GA (FHA|USDA|VA) 7 $945,000 $135,000 $3,344 2.88%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $920,000 $230,000 $3,905 2.53%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $875,000 $291,667 $7,316 2.88%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $825,000 $275,000 $7,606 2.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 7 $785,000 $112,143 $3,357 3.09%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $785,000 $261,667 $5,750 3.04%
WILMINGTON, NC (FHA|USDA|VA) 3 $785,000 $261,667 $5,293 2.71%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 3 $775,000 $258,333 $4,514 2.42%
THE VILLAGES, FL (FHA|USDA|VA) 3 $725,000 $241,667 $4,468 3.08%
RICHMOND, VA (FHA|USDA|VA) 3 $685,000 $228,333 $3,970 2.13%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $650,000 $325,000 $3,905 3.13%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $645,000 $645,000 $10,663 2.88%
BRUNSWICK, GA (FHA|USDA|VA) 3 $635,000 $211,667 $4,326 2.88%
TALLAHASSEE, FL (FHA|USDA|VA) 5 $635,000 $127,000 $3,686 3.03%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $615,000 $205,000 $5,435 2.67%
Toccoa, GA (FHA|USDA|VA) 1 $605,000 $605,000 $8,655 3.38%
OCALA, FL (FHA|USDA|VA) 2 $580,000 $290,000 $6,426 2.56%
GADSDEN, AL (FHA|USDA|VA) 2 $580,000 $290,000 $4,504 2.94%
DALTON, GA (FHA|USDA|VA) 2 $560,000 $280,000 $5,600 2.50%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $555,000 $185,000 $4,885 2.79%
Edwards, CO (FHA|USDA|VA) 1 $545,000 $545,000 $8,389 2.63%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $510,000 $255,000 $8,732 2.63%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $495,000 $165,000 $3,776 3.46%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $480,000 $240,000 $4,833 2.56%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 2 $480,000 $240,000 $3,170 2.31%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $475,000 $475,000 $6,991 3.25%
COLUMBIA, SC (FHA|USDA|VA) 4 $470,000 $117,500 $4,268 2.84%
Calhoun, GA (FHA|USDA|VA) 1 $465,000 $465,000 $3,086 4.00%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $450,000 $225,000 $4,889 3.19%
PROVO-OREM, UT (FHA|USDA|VA) 1 $435,000 $435,000 $7,499 3.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $435,000 $145,000 $3,342 3.29%
TOLEDO, OH (FHA|USDA|VA) 2 $430,000 $215,000 $3,438 2.81%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $425,000 $141,667 $5,241 3.17%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $420,000 $210,000 $5,081 2.81%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $415,000 $138,333 $3,391 2.92%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $410,000 $205,000 $4,505 2.50%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $380,000 $190,000 $4,593 2.44%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $365,000 $121,667 $6,701 3.13%
Boone, NC (FHA|USDA|VA) 1 $365,000 $365,000 $6,565 2.88%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $365,000 $365,000 $7,469 2.63%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $360,000 $180,000 $4,310 2.44%
Brevard, NC (FHA|USDA|VA) 1 $355,000 $355,000 $7,017 3.13%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $335,000 $111,667 $4,693 3.17%
SPARTANBURG, SC (FHA|USDA|VA) 1 $335,000 $335,000 $5,563 2.88%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $320,000 $160,000 $2,771 3.94%
COLUMBUS, OH (FHA|USDA|VA) 2 $300,000 $150,000 $4,925 3.50%
St. Marys, GA (FHA|USDA|VA) 2 $300,000 $150,000 $4,308 2.94%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $290,000 $145,000 $0 3.56%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $280,000 $140,000 $1,706 2.63%
Breckenridge, CO (FHA|USDA|VA) 1 $275,000 $275,000 $5,341 2.63%
GAINESVILLE, FL (FHA|USDA|VA) 1 $275,000 $275,000 $3,614 3.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $245,000 $245,000 $2,676 2.38%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $245,000 $245,000 $5,038 2.25%
Statesboro, GA (FHA|USDA|VA) 2 $240,000 $120,000 $3,587 2.94%
JACKSON, TN (FHA|USDA|VA) 1 $225,000 $225,000 $4,739 2.00%
MOBILE, AL (FHA|USDA|VA) 1 $215,000 $215,000 $0 3.13%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $210,000 $105,000 $3,660 2.06%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $180,000 $90,000 $0 3.13%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $165,000 $165,000 $4,024 2.13%
GREELEY, CO (FHA|USDA|VA) 1 $155,000 $155,000 $1,814 3.13%
MONTGOMERY, AL (FHA|USDA|VA) 2 $150,000 $75,000 $2,985 3.31%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $150,000 $75,000 $2,774 2.06%
DOTHAN, AL (FHA|USDA|VA) 1 $145,000 $145,000 $3,526 2.75%
Cedartown, GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,773 2.13%
MANKATO, MN (FHA|USDA|VA) 1 $135,000 $135,000 $1,909 3.00%
Cullowhee, NC (FHA|USDA|VA) 1 $135,000 $135,000 $4,331 2.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,915 2.75%
FORT WAYNE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.00%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $105,000 $105,000 $3,348 2.13%
Summerville, GA (FHA|USDA|VA) 1 $105,000 $105,000 $3,672 2.75%
EL PASO, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,601 2.63%
Moultrie, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.88%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $75,000 $75,000 $3,166 2.00%
Brainerd, MN (FHA|USDA|VA) 1 $65,000 $65,000 $2,688 2.00%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $65,000 $65,000 $0 3.00%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $65,000 $65,000 $0 3.13%
NEW BERN, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.38%
Thomaston, GA (FHA|USDA|VA) 1 $45,000 $45,000 $0 4.00%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $35,000 $35,000 $2,409 1.88%
Thomasville, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.00%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $25,000 $25,000 $177 4.25%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $25,000 $25,000 $0 3.88%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $15,000 $15,000 $157 4.50%

Delta Community Credit Union's top markets include Atlanta, Gainesville, Miami, Tampa, and Cincinnati among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 4,969 $997,535,000 $200,752 $4,244 2.92%

For the 2021 period, Delta Community Credit Union's most frequently originated loan type of loans were Conventional, with 4,969 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 1,493 $342,945,000 $229,702 $4,306 2.49%
Cash Out Refi 1,371 $314,285,000 $229,238 $4,474 2.84%
Home Improvement 967 $85,415,000 $88,330 $1,503 3.41%
Home Purchase 869 $228,915,000 $263,423 $4,939 3.02%
Other 269 $25,975,000 $96,561 $1,341 3.57%

For the 2021, Delta Community Credit Union's most frequently cited loan purpose of loans were Refi, with 1,493 originations. The 2nd most popular reason of loans were Cash Out Refi, with 1,371 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,983 $526,145,000 $265,328 $4,678 2.99%
20 Year 1,443 $172,265,000 $119,380 $4,426 3.15%
15 Year 1,365 $279,545,000 $204,795 $3,868 2.53%
10 Year 168 $19,240,000 $114,524 $2,244 3.02%
5 Year 10 $340,000 $34,000 $200 4.34%

For the 2021, Delta Community Credit Union's most frequently cited loan length of loans were 30 Year, with 1,983 originations. The 2nd most popular length of loans were 20 Year, with 1,443 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$2k-3k 1,058 $208,860,000 $197,410
$<1k 830 $163,620,000 $197,133
$1k-2k 791 $91,525,000 $115,708
$3k-4k 781 $263,095,000 $336,869
$5k+ 219 $140,645,000 $642,215

$4,678 of loans were Delta Community Credit Union's average total fees, while their most frequently occuring range of origination fees were in the $2k-3k bucket, with 1,058 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 2,043 $470,915,000 $230,502
3-4% 1,369 $214,475,000 $156,665
<2.5% 1,271 $291,345,000 $229,225
4-5% 247 $18,635,000 $75,445
5-6% 39 $2,165,000 $55,513

During 2021, Delta Community Credit Union's average interest rate of loans were 2.99%, while their most frequently originated rate bucket of loans were 2.5-3%, with 2,043 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 1,769 $258,905,000 $146,357 $3,532 2.79%
$200k-400k 1,521 $412,435,000 $271,160 $4,889 2.77%
$100,000 or less 1,241 $75,025,000 $60,455 $1,615 3.36%
$400k-600k 284 $137,320,000 $483,521 $6,616 2.71%
$600k-1MM 146 $104,270,000 $714,178 $8,630 2.53%
$1MM+ 8 $9,580,000 $1,197,500 $10,479 2.92%

2021 saw Delta Community Credit Union place emphasis on $100k-200k loans with 1,769 originations, totaling $258,905,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 1,227 $239,995,000 $195,595 $4,268 2.94%
$150k-250k 949 $235,775,000 $248,446 $5,119 2.92%
$50k-75k 946 $139,630,000 $147,600 $3,590 2.93%
$75k-100k 811 $139,375,000 $171,856 $4,012 2.93%
$50k or less 495 $57,215,000 $115,586 $3,194 2.88%
$250k+ 449 $165,105,000 $367,717 $6,714 2.85%

Delta Community Credit Union lent most frequently to those with incomes in the $100k-150k range, with 1,227 originations. The second most popular income band? $150k-250k, with 949 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,438 $291,390,000 $202,636 $4,306 2.86%
30-36% 936 $198,840,000 $212,436 $4,381 2.93%
<20% 810 $157,200,000 $194,074 $4,234 2.71%
44% 215 $31,815,000 $147,977 $3,680 3.22%
43% 176 $31,620,000 $179,659 $3,969 3.10%
40% 176 $36,380,000 $206,705 $4,210 3.05%
36% 167 $38,015,000 $227,635 $4,640 2.88%
41% 165 $30,335,000 $183,848 $3,869 3.12%
39% 158 $33,380,000 $211,266 $4,117 3.11%
38% 156 $31,100,000 $199,359 $4,160 3.10%
42% 147 $25,965,000 $176,633 $3,927 3.14%
37% 130 $27,080,000 $208,308 $3,936 3.12%
45% 74 $16,680,000 $225,405 $4,703 2.82%
46% 67 $13,005,000 $194,104 $3,826 2.90%
49% 56 $13,830,000 $246,964 $4,305 2.77%
47% 48 $10,510,000 $218,958 $4,350 2.71%
48% 48 $10,110,000 $210,625 $4,464 2.70%
50-60% 2 $280,000 $140,000 $3,588 2.44%

Delta Community Credit Union lent most frequently to those with DTI ratios of 20-30%, with 1,438 originations. The next most common DTI ratio? 30-36%, with 936 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,862 $591,740,000 $206,758 $4,348 2.89%
Not provided 1,120 $228,890,000 $204,366 $4,237 2.90%
Black 777 $129,195,000 $166,274 $3,833 3.06%
Asian 131 $29,715,000 $226,832 $4,558 2.83%
Asian Indian 35 $9,145,000 $261,286 $4,967 2.81%
American Indian 23 $4,015,000 $174,565 $3,639 3.02%
Other Asian 13 $2,775,000 $213,462 $4,354 2.87%
Other Pacific Islander 1 $985,000 $985,000 $11,661 3.00%
Native Hawaiian 3 $425,000 $141,667 $3,106 2.67%
Japanese 2 $330,000 $165,000 $2,439 3.19%
Vietnamese 2 $320,000 $160,000 $5,025 2.94%

Approval Rates

Total approvals of all applications
82.79%

Delta Community Credit Union has a below average approval rate.

Pick Rate

Approvals leading to origination
61.64%

Delta Community 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 4,969 $997,535,000 $200,752

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
4,969 $997,535,000 $200,752

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 864 $111,070,000 $128,553 $3,005 2.97%
40-60% 991 $209,635,000 $211,539 $4,258 2.53%
60-80% 1,553 $428,515,000 $275,927 $4,893 2.76%
80-100% 706 $194,260,000 $275,156 $4,766 3.05%
Under 20% 855 $54,055,000 $63,222 $693 3.49%