Navigant Credit Union Mortgage Rates, Fees & Info

Smithfield, RI

LEI: 549300YIBRM1ZYA6GT07

Tax ID: 05-0125860

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • 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

    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 Myrtle Beach among others. We have data for 25 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 an average 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) 5.12% 4/18/24
    30 Year Conventional Purchase 6.09% 4/18/24
    30 Year Conventional Refi 6.21% 4/18/24
    30 Year Cash-out Refi 6.30% 4/18/24
    15 Year Conventional Purchase 5.95% 4/18/24
    15 Year Conventional Refi 6.03% 4/18/24
    15 Year Cash-out Refi 6.03% 4/18/24
    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

    2,788

    Origination Dollar Volume (All Markets)

    $453,070,000

    Awards

    Navigant Credit Union 30 Year Conventional Loans silver
    Show all (1) 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
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2,615 $417,335,000 $159,593 $3,736 4.83%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 57 $13,455,000 $236,053 $3,809 4.54%
    WORCESTER, MA-CT (FHA|USDA|VA) 69 $10,955,000 $158,768 $2,724 5.02%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $1,910,000 $477,500 $4,582 4.19%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,750,000 $291,667 $0 5.68%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 3 $855,000 $285,000 $3,625 4.58%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $830,000 $415,000 $3,055 4.00%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $675,000 $225,000 $3,077 4.17%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $640,000 $320,000 $4,598 3.94%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $590,000 $147,500 $3,192 4.88%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $535,000 $535,000 $0 4.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $455,000 $151,667 $2,811 4.50%
    Lebanon, NH-VT (FHA|USDA|VA) 3 $435,000 $145,000 $2,703 4.38%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $415,000 $415,000 $3,800 3.75%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 3 $315,000 $105,000 $0 5.30%
    Berlin, NH (FHA|USDA|VA) 1 $315,000 $315,000 $0 4.25%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $305,000 $305,000 $2,812 4.84%
    Outside of Metro Areas 2 $300,000 $150,000 $2,753 5.19%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $235,000 $235,000 $2,186 4.50%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $215,000 $215,000 $3,335 5.13%
    Laconia, NH (FHA|USDA|VA) 1 $135,000 $135,000 $2,513 4.38%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,498 4.88%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $115,000 $115,000 $5,450 5.00%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $100,000 $50,000 $0 5.75%
    Rutland, VT (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.00%
    Navigant Credit Union's top markets include Providence, Boston, Worcester, Miami, and Myrtle Beach among others.

    Their top states include:
  • Rhode Island (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Carolina (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.

    Westport Federal Credit Union
    Similarity Rank: 23
    Notre Dame Community Federal Credit Union
    Similarity Rank: 38
    PAWTUCKET
    Similarity Rank: 60
    Bank of Easton
    Similarity Rank: 66
    Charter Oak Federal Credit Union
    Similarity Rank: 84
    SOMERSET
    Similarity Rank: 99
    MERRIMACK VALLEY
    Similarity Rank: 110
    Middlesex Federal Savings, F.A.
    Similarity Rank: 111
    Triangle Credit Union
    Similarity Rank: 147
    First Ipswich Bank
    Similarity Rank: 164

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,527 $321,915,000 $210,815 $3,701 4.78%
    HELOC 1,261 $131,155,000 $104,009 n/a 4.88%

    For 2018, Navigant Credit Union's most frequently originated type of loan was Conventional, with 1,527 originations. Their 2nd most popular type was HELOC, with 1,261 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 836 $87,370,000 $104,510 $4,883 4.99%
    Home Purchase 829 $223,975,000 $270,175 $3,493 4.70%
    Refi 573 $84,725,000 $147,862 $2,642 4.67%
    Home Improvement 420 $26,900,000 $64,048 $2,522 5.03%
    Cash Out Refi 130 $30,100,000 $231,538 $4,609 4.62%

    For 2018, Navigant Credit Union's most frequently cited loan purpose was Other, with 836 originations. The 2nd most popular reason was Home Purchase, with 829 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 1,365 $147,505,000 $108,062 $2,568 4.90%
    30 Year 876 $227,130,000 $259,281 $5,297 4.68%
    15 Year 266 $27,210,000 $102,293 $982 5.11%
    10 Year 102 $11,190,000 $109,706 $235 5.01%
    5 Year 69 $3,395,000 $49,203 $0 4.51%
    30+ year 59 $29,465,000 $499,407 $5,408 4.46%
    Other 50 $6,940,000 $138,800 $553 4.50%
    3 Year 1 $235,000 $235,000 $0 5.75%

    For 2018, Navigant Credit Union's most frequently cited loan duration was 20 Year, with 1,365 originations. The 2nd most popular length was 30 Year, with 876 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,477 $306,755,000 $207,688
    $2k-3k 6 $1,160,000 $193,333
    $5k+ 4 $1,520,000 $380,000
    $1k-2k 3 $605,000 $201,667
    $3k-4k 2 $260,000 $130,000
    $4k-5k 2 $1,230,000 $615,000

    Navigant Credit Union's average total fees were $5,297, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,477 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,713 $306,565,000 $178,964
    5-6% 402 $54,770,000 $136,244
    3-4% 380 $73,490,000 $193,395
    6-7% 219 $11,855,000 $54,132
    7-8% 50 $4,430,000 $88,600
    Over 8% 21 $735,000 $35,000
    2.5-3% 3 $1,225,000 $408,333

    During 2018, Navigant Credit Union's average interest rate for loans was 4.68%, while their most frequently originated rate bucket for loans was 4-5%, with 1,713 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,193 $56,125,000 $47,045 $361 5.09%
    $100k-200k 736 $105,100,000 $142,799 $2,494 4.69%
    $200k-400k 662 $177,380,000 $267,946 $5,685 4.62%
    $400k-600k 134 $62,290,000 $464,851 $7,191 4.46%
    $600k-1MM 57 $42,585,000 $747,105 $13,386 4.27%
    $1MM+ 6 $9,590,000 $1,598,333 $7,690 4.76%

    2018 saw Navigant Credit Union place emphasis on $100,000 or less loans with 1,193 originations, totaling $56,125,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 626 $99,330,000 $158,674 $5,473 4.87%
    $50k-75k 603 $72,425,000 $120,108 $2,195 4.94%
    $75k-100k 507 $69,685,000 $137,446 $2,473 4.88%
    $150k-250k 463 $95,095,000 $205,389 $3,816 4.71%
    $50k or less 383 $42,785,000 $111,710 $2,250 4.68%
    $250k+ 165 $63,545,000 $385,121 $9,175 4.58%

    Navigant Credit Union lent most frequently to those with incomes in the $100k-150k range, with 626 originations. The second most popular income band? $50k-75k, with 603 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 636 $102,080,000 $160,503 $3,587 4.74%
    30-36% 559 $89,305,000 $159,758 $5,424 4.88%
    <20% 326 $44,710,000 $137,147 $3,402 4.58%
    42% 113 $23,675,000 $209,513 $3,993 4.88%
    39% 100 $17,550,000 $175,500 $2,331 5.04%
    38% 99 $15,985,000 $161,465 $2,458 4.94%
    40% 96 $16,920,000 $176,250 $2,457 4.95%
    41% 93 $16,715,000 $179,731 $2,836 4.86%
    37% 92 $14,870,000 $161,630 $8,636 4.95%
    >60% 90 $21,190,000 $235,444 $2,833 4.53%
    36% 89 $13,075,000 $146,910 $2,985 5.12%
    50-60% 88 $11,200,000 $127,273 $1,685 4.67%
    44% 72 $11,680,000 $162,222 $2,176 4.95%
    43% 60 $10,180,000 $169,667 $2,257 4.96%
    45% 55 $6,555,000 $119,182 $1,607 4.96%
    46% 52 $8,690,000 $167,115 $2,220 4.81%
    48% 51 $7,925,000 $155,392 $1,596 4.86%
    47% 43 $5,095,000 $118,488 $1,698 4.81%
    49% 41 $5,285,000 $128,902 $4,279 4.81%

    Navigant Credit Union lent most frequently to those with DTI ratios of 20-30%, with 636 originations. The next most common DTI ratio? 30-36%, with 559 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,548 $414,860,000 $162,818 $3,776 4.82%
    Not provided 136 $18,700,000 $137,500 $3,293 4.75%
    Asian 40 $7,370,000 $184,250 $2,251 4.94%
    Not applicable 15 $6,945,000 $463,000 $0 5.99%
    Black 31 $2,985,000 $96,290 $1,474 5.24%
    Asian Indian 3 $895,000 $298,333 $2,311 5.46%
    Native Hawaiian or Islander 7 $595,000 $85,000 $0 4.50%
    American Indian 7 $595,000 $85,000 $1,017 5.26%
    Other Pacific Islander 1 $125,000 $125,000 $0 4.50%

    Approval Rates

    Total approvals of all applications
    89.05%

    Navigant Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.64%

    Navigant Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,788 $453,070,000 $162,507

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 19 $7,615,000 $400,789
    Single Family (1-4 Units):Site-Built 2,769 $445,455,000 $160,872

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 563 $56,115,000 $99,671 $918 4.82%
    40-60% 291 $57,425,000 $197,337 $2,429 4.51%
    60-80% 574 $155,170,000 $270,331 $5,205 4.63%
    80-100% 508 $148,240,000 $291,811 $5,006 4.67%
    Over 100% 6 $1,510,000 $251,667 $59,955 4.79%
    Under 20% 846 $34,610,000 $40,910 $68 5.16%