Navigant Credit Union Mortgage Rates, Fees & Info

Smithfield, RI

LEI: 549300YIBRM1ZYA6GT07

Tax ID: 05-0125860

5 stars - Updated: 4/5/25 - out of 5 stars, based on 46 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • 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

    Navigant Credit Union is a smaller credit union specializing in Home Purchase loans. Navigant Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Providence, Boston, Worcester, Miami, and Barnstable Town among others. We have data for 24 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Navigant 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. Navigant 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
    Home Equity Line of Credit (HELOC) 5.51% 4/5/25
    30 Year Conventional Purchase 6.46% 4/5/25
    30 Year Conventional Refi 6.31% 4/5/25
    30 Year Cash-out Refi 5.72% 4/5/25
    15 Year Conventional Purchase 7.25% 4/5/25
    15 Year Conventional Refi 7.84% 4/5/25
    15 Year Cash-out Refi 7.84% 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.

    Navigant Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Navigant 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

    2,143

    Origination Dollar Volume (All Markets)

    $485,265,000

    Awards

    Navigant Credit Union 30 Year Conventional Loans silver
    Show all (1) awards

    Relative Rate

    Navigant Credit Union's average 30 year fixed mortgage rate was 6.8%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.25%.

    Relative Fees (Closing Costs)

    Navigant Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $4,037.

    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
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1,999 $440,515,000 $220,368 $2,874 7.09%
    Outside of Metro Areas 49 $12,265,000 $250,306 $3,321 7.42%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 28 $11,900,000 $425,000 $4,064 7.32%
    WORCESTER, MA-CT (FHA|USDA|VA) 31 $6,565,000 $211,774 $2,784 7.17%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $3,780,000 $945,000 $7,517 7.19%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 5 $2,305,000 $461,000 $4,186 7.13%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,690,000 $845,000 $8,985 6.81%
    JACKSONVILLE, FL (FHA|USDA|VA) 3 $975,000 $325,000 $3,984 7.21%
    Lebanon, NH-VT (FHA|USDA|VA) 3 $885,000 $295,000 $3,032 6.28%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $575,000 $575,000 $7,055 6.63%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $555,000 $555,000 $4,433 6.88%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $500,000 $250,000 $4,529 6.94%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $485,000 $485,000 $4,626 6.63%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $355,000 $118,333 $3,151 6.71%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $345,000 $345,000 $4,285 7.00%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $300,000 $150,000 $2,552 7.31%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $265,000 $265,000 $2,655 6.88%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $235,000 $235,000 $4,084 6.75%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $225,000 $225,000 $4,617 6.38%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.50%
    Rutland, VT (FHA|USDA|VA) 1 $135,000 $135,000 $3,509 6.63%
    BANGOR, ME (FHA|USDA|VA) 1 $115,000 $115,000 $2,676 6.75%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $75,000 $75,000 $3,101 6.63%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.50%
    Navigant Credit Union's top markets include Providence, Boston, Worcester, Miami, and Barnstable Town among others.

    Their top states include:
  • Rhode Island (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)

    • Similar Lenders

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

    OCEAN STATE CREDIT UNION
    Similarity Rank: 63
    SOMERSET
    Similarity Rank: 72
    Piscataqua Savings Bank
    Similarity Rank: 100
    FALL RIVER MUNICIPAL CREDIT UNION
    Similarity Rank: 108
    Southern Mass Credit Union
    Similarity Rank: 112
    Centreville Bank
    Similarity Rank: 120
    The Washington Trust Company, of Westerly
    Similarity Rank: 240
    Sharon & Crescent United Credit Union
    Similarity Rank: 245
    CENTRAL ONE FEDERAL CREDIT UNION
    Similarity Rank: 299
    St. Mary's Credit Union
    Similarity Rank: 355

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 1,115 $160,155,000 $143,637 n/a 7.08%
    Conventional 1,028 $325,110,000 $316,255 $2,952 7.12%

    For 2024, Navigant Credit Union's most frequently originated type of loan was HELOC, with 1,115 originations. Their 2nd most popular type was Conventional, with 1,028 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 601 $78,065,000 $129,892 $562 7.09%
    Home Purchase 566 $249,580,000 $440,954 $3,996 6.81%
    Refi 477 $86,615,000 $181,583 $910 7.58%
    Home Improvement 406 $42,480,000 $104,631 $2,851 7.02%
    Cash Out Refi 93 $28,525,000 $306,720 $3,151 6.86%

    For 2024, Navigant Credit Union's most frequently cited loan purpose was Other, with 601 originations. The 2nd most popular reason was Home Purchase, with 566 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 1,122 $161,730,000 $144,144 $1,995 7.08%
    30 Year 624 $237,540,000 $380,673 $4,037 6.80%
    15 Year 188 $18,510,000 $98,457 $271 7.85%
    10 Year 102 $14,880,000 $145,882 $67 7.60%
    30+ year 56 $49,530,000 $884,464 $6,721 7.06%
    Other 26 $2,040,000 $78,462 $263 7.48%
    5 Year 25 $1,035,000 $41,400 $0 7.50%

    For 2024, Navigant Credit Union's most frequently cited loan duration was 20 Year, with 1,122 originations. The 2nd most popular length was 30 Year, with 624 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 971 $304,335,000 $313,424
    $1k-2k 13 $2,465,000 $189,615
    $2k-3k 11 $3,725,000 $338,636
    $5k+ 6 $2,420,000 $403,333
    $3k-4k 4 $1,390,000 $347,500
    $4k-5k 2 $590,000 $295,000

    Navigant Credit Union's average total fees were $4,037, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 971 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,235 $314,475,000 $254,636
    7-8% 644 $132,670,000 $206,009
    Over 8% 172 $17,950,000 $104,360
    5-6% 77 $16,545,000 $214,870
    4-5% 13 $2,825,000 $217,308
    3-4% 2 $800,000 $400,000

    During 2024, Navigant Credit Union's average interest rate for loans was 6.80%, while their most frequently originated rate bucket for loans was 6-7%, with 1,235 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 770 $42,410,000 $55,078 $150 7.34%
    $100k-200k 510 $67,010,000 $131,392 $1,819 7.17%
    $200k-400k 472 $133,850,000 $283,581 $3,372 6.85%
    $400k-600k 266 $127,720,000 $480,150 $5,196 6.86%
    $600k-1MM 93 $67,705,000 $728,011 $5,014 6.77%
    $1MM+ 32 $46,570,000 $1,455,313 $8,385 6.93%

    2024 saw Navigant Credit Union place emphasis on $100,000 or less loans with 770 originations, totaling $42,410,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 565 $109,485,000 $193,779 $2,429 7.09%
    $150k-250k 544 $142,820,000 $262,537 $2,809 7.12%
    $75k-100k 359 $52,415,000 $146,003 $3,668 7.15%
    $50k-75k 278 $33,530,000 $120,612 $2,081 7.14%
    $250k+ 251 $119,125,000 $474,602 $4,731 6.98%
    $50k or less 122 $16,860,000 $138,197 $2,552 7.07%

    Navigant Credit Union lent most frequently to those with incomes in the $100k-150k range, with 565 originations. The second most popular income band? $150k-250k, with 544 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 442 $87,690,000 $198,394 $2,433 7.01%
    30-36% 367 $74,485,000 $202,956 $2,212 7.16%
    <20% 144 $23,950,000 $166,319 $2,447 6.96%
    47% 98 $18,430,000 $188,061 $2,566 6.82%
    42% 92 $21,990,000 $239,022 $2,826 7.20%
    48% 88 $19,160,000 $217,727 $2,658 6.86%
    44% 82 $16,320,000 $199,024 $2,416 7.60%
    49% 80 $18,170,000 $227,125 $2,782 6.91%
    46% 76 $20,970,000 $275,921 $3,264 6.80%
    43% 76 $16,880,000 $222,105 $2,845 7.40%
    41% 75 $17,865,000 $238,200 $3,188 7.44%
    38% 72 $12,880,000 $178,889 $1,712 7.21%
    39% 72 $16,040,000 $222,778 $2,628 7.20%
    >60% 69 $31,075,000 $450,362 $9,195 7.23%
    40% 67 $21,755,000 $324,701 $3,459 7.33%
    45% 66 $15,220,000 $230,606 $2,873 6.83%
    36% 57 $12,475,000 $218,860 $1,944 7.01%
    37% 55 $11,605,000 $211,000 $1,868 7.32%
    50-60% 38 $16,150,000 $425,000 $3,977 7.04%

    Navigant Credit Union lent most frequently to those with DTI ratios of 20-30%, with 442 originations. The next most common DTI ratio? 30-36%, with 367 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,903 $426,135,000 $223,928 $3,000 7.08%
    Not provided 98 $22,640,000 $231,020 $2,492 7.17%
    Asian 47 $13,815,000 $293,936 $3,458 7.21%
    Black 73 $11,925,000 $163,356 $1,778 7.45%
    Not applicable 17 $8,935,000 $525,588 $0 7.24%
    Asian Indian 2 $860,000 $430,000 $3,730 6.56%
    American Indian 1 $475,000 $475,000 $5,282 7.00%
    Other Pacific Islander 1 $415,000 $415,000 $0 6.91%
    Native Hawaiian or Islander 1 $65,000 $65,000 $0 7.50%

    Approval Rates

    Total approvals of all applications
    80.79%

    Navigant Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    79.14%

    Navigant Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,143 $485,265,000 $226,442

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,143 $485,265,000 $226,442

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 503 $82,005,000 $163,032 $1,572 7.21%
    40-60% 191 $63,455,000 $332,225 $3,398 6.97%
    60-80% 292 $126,690,000 $433,870 $4,934 6.85%
    80-100% 300 $150,710,000 $502,367 $4,132 6.77%
    Over 100% 6 $5,340,000 $890,000 $5,508 7.17%
    Under 20% 851 $57,065,000 $67,056 $127 7.27%