1st United Services Credit Union Mortgage Rates, Fees & Info

Pleasanton, CA

LEI: 549300YPSRX7HBRJSR08

Tax ID: 94-0335800

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    1st United Services Credit Union is a smaller credit union specializing in Cash Out Refi and Refi loans. 1st United Services Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Stockton, Sacramento, Los Angeles, and Vallejo among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

    1st United Services 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. 1st United Services 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.39% 11/17/24
    30 Year Conventional Purchase 5.91% 11/17/24
    30 Year Conventional Refi 6.10% 11/17/24
    30 Year Cash-out Refi 5.97% 11/17/24
    15 Year Conventional Purchase 5.55% 11/17/24
    15 Year Conventional Refi 5.73% 11/17/24
    15 Year Cash-out Refi 5.73% 11/17/24
    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.

    1st United Services Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from 1st United Services 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

    441

    Origination Dollar Volume (All Markets)

    $155,495,000

    Awards

    1ST UNITED SERVICES CREDIT UNION 30 Year Conventional Loans gold 1ST UNITED SERVICES CREDIT UNION 30 Year Conventional Loans silver 1ST UNITED SERVICES CREDIT UNION 30 Year Conventional Loans silver 1ST UNITED SERVICES CREDIT UNION 30 Year Conventional Loans silver
    Show all (4) 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
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 338 $124,000,000 $366,864 $2,137 3.50%
    STOCKTON, CA (FHA|USDA|VA) 41 $11,785,000 $287,439 $2,145 3.36%
    Outside of Metro Areas 23 $7,105,000 $308,913 $2,291 3.31%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 9 $2,605,000 $289,444 $2,390 3.41%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $1,925,000 $641,667 $3,674 3.52%
    VALLEJO, CA (FHA|USDA|VA) 6 $1,540,000 $256,667 $1,990 3.59%
    SALINAS, CA (FHA|USDA|VA) 1 $1,195,000 $1,195,000 $4,503 3.35%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,125,000 $375,000 $3,497 3.32%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,090,000 $545,000 $4,705 3.23%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $945,000 $315,000 $2,484 3.42%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 4 $740,000 $185,000 $1,550 4.28%
    MODESTO, CA (FHA|USDA|VA) 3 $675,000 $225,000 $1,449 3.58%
    Red Bluff, CA (FHA|USDA|VA) 1 $225,000 $225,000 $2,006 3.83%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $205,000 $205,000 $2,111 3.00%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $200,000 $100,000 $1,241 4.12%
    CHICO, CA (FHA|USDA|VA) 1 $135,000 $135,000 $2,111 3.25%
    1st United Services Credit Union's top markets include San Francisco, Stockton, Sacramento, Los Angeles, and Vallejo among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against 1ST UNITED SERVICES CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    VICTORIA FINANCIAL CORP.
    Similarity Rank: 1088
    1ST NORTHERN CALIFORNIA
    Similarity Rank: 1120
    BNB FINANCIAL INC.
    Similarity Rank: 1184
    COMMUNITY FIRST CREDIT UNION
    Similarity Rank: 1972
    HOMEAMERICAN MORTGAGE CORPORATION
    Similarity Rank: 2046
    TRI-EMERALD FINANCIAL GROUP, INC.
    Similarity Rank: 2380
    WINNPOINTE CORPORATION
    Similarity Rank: 2508
    Kwik Mortgage Corporation
    Similarity Rank: 2848
    SAFEAMERICA CREDIT UNION
    Similarity Rank: 3094
    T. J. FINANCIAL, INC.
    Similarity Rank: 3744

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 441 $155,495,000 $352,596 $2,173 3.48%

    For 2020, 1st United Services Credit Union's most frequently originated type of loan was Conventional, with 441 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 220 $91,020,000 $413,727 $2,448 3.46%
    Refi 156 $53,190,000 $340,962 $2,270 3.13%
    Other 28 $2,510,000 $89,643 $0 4.84%
    Home Improvement 24 $1,940,000 $80,833 $169 4.56%
    Home Purchase 13 $6,835,000 $525,769 $4,912 3.19%

    For 2020, 1st United Services Credit Union's most frequently cited loan purpose was Cash Out Refi, with 220 originations. The 2nd most popular reason was Refi, with 156 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 306 $127,330,000 $416,111 $2,551 3.44%
    15 Year 89 $23,785,000 $267,247 $1,931 3.06%
    10 Year 33 $1,715,000 $51,970 $62 4.63%
    20 Year 12 $2,100,000 $175,000 $378 4.61%
    Other 1 $565,000 $565,000 $2,841 4.15%

    For 2020, 1st United Services Credit Union's most frequently cited loan duration was 30 Year, with 306 originations. The 2nd most popular length was 15 Year, with 89 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 405 $141,885,000 $350,333
    $1k-2k 23 $9,365,000 $407,174

    1st United Services Credit Union's average total fees were $2,551, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 405 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 291 $118,845,000 $408,402
    4-5% 48 $7,830,000 $163,125
    2.5-3% 45 $13,855,000 $307,889
    <2.5% 43 $13,375,000 $311,047
    5-6% 10 $1,210,000 $121,000
    6-7% 4 $380,000 $95,000

    During 2020, 1st United Services Credit Union's average interest rate for loans was 3.44%, while their most frequently originated rate bucket for loans was 3-4%, with 291 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 175 $52,055,000 $297,457 $2,302 3.34%
    $400k-600k 103 $50,375,000 $489,078 $2,566 3.31%
    $100k-200k 71 $10,455,000 $147,254 $1,514 3.55%
    $600k-1MM 55 $39,805,000 $723,727 $3,054 3.44%
    $100,000 or less 36 $1,610,000 $44,722 $280 4.60%
    $1MM+ 1 $1,195,000 $1,195,000 $4,503 3.35%

    2020 saw 1st United Services Credit Union place emphasis on $200k-400k loans with 175 originations, totaling $52,055,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 130 $51,840,000 $398,769 $2,202 3.54%
    $100k-150k 118 $38,530,000 $326,525 $2,119 3.46%
    $75k-100k 66 $16,700,000 $253,030 $1,929 3.55%
    $250k+ 65 $33,195,000 $510,692 $2,635 3.45%
    $50k-75k 36 $7,800,000 $216,667 $1,985 3.39%
    $50k or less 13 $1,745,000 $134,231 $1,581 3.50%

    1st United Services Credit Union lent most frequently to those with incomes in the $150k-250k range, with 130 originations. The second most popular income band? $100k-150k, with 118 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 146 $50,860,000 $348,356 $2,134 3.42%
    30-36% 87 $30,755,000 $353,506 $2,134 3.62%
    <20% 62 $19,090,000 $307,903 $2,216 3.31%
    37% 25 $9,835,000 $393,400 $2,456 3.33%
    39% 19 $6,555,000 $345,000 $1,886 3.73%
    38% 19 $7,015,000 $369,211 $1,780 3.68%
    41% 18 $7,350,000 $408,333 $2,468 3.40%
    36% 17 $7,135,000 $419,706 $2,544 3.51%
    42% 17 $7,185,000 $422,647 $2,128 3.56%
    40% 16 $5,600,000 $350,000 $2,393 3.39%
    43% 5 $1,405,000 $281,000 $2,145 3.08%
    45% 3 $1,065,000 $355,000 $1,789 3.79%
    50-60% 3 $425,000 $141,667 $1,397 4.84%
    46% 2 $720,000 $360,000 $2,581 3.75%
    47% 1 $285,000 $285,000 $2,236 2.74%
    >60% 1 $215,000 $215,000 $2,131 5.05%

    1st United Services Credit Union lent most frequently to those with DTI ratios of 20-30%, with 146 originations. The next most common DTI ratio? 30-36%, with 87 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 190 $60,410,000 $317,947 $2,075 3.54%
    White 134 $48,750,000 $363,806 $2,165 3.47%
    Black 48 $19,850,000 $413,542 $2,370 3.52%
    Asian 51 $18,145,000 $355,784 $2,325 3.33%
    American Indian 9 $3,515,000 $390,556 $2,153 3.33%
    Filipino 5 $2,315,000 $463,000 $2,434 3.18%
    Asian Indian 1 $975,000 $975,000 $3,106 3.35%
    Other Pacific Islander 1 $665,000 $665,000 $2,761 3.58%
    Native Hawaiian or Islander 1 $595,000 $595,000 $2,786 3.83%
    Vietnamese 1 $275,000 $275,000 $2,236 3.25%

    Approval Rates

    Total approvals of all applications
    74.27%

    1st United Services Credit Union has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    36.51%

    1st United Services 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 441 $155,495,000 $352,596

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 441 $155,495,000 $352,596

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 116 $32,970,000 $284,224 $2,219 3.26%
    40-60% 131 $54,635,000 $417,061 $2,425 3.32%
    60-80% 121 $58,745,000 $485,496 $2,703 3.44%
    80-100% 8 $3,080,000 $385,000 $2,125 3.66%
    Under 20% 65 $6,065,000 $93,308 $565 4.27%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    STANDARD MORTGAGE CORPORATION Conventional home mortgage Incorrect information on your report 1 14.3%
    STANDARD MORTGAGE CORPORATION Conventional home mortgage Trouble during payment process 3 42.9%
    STANDARD MORTGAGE CORPORATION FHA mortgage Struggling to pay mortgage 2 28.6%
    STANDARD MORTGAGE CORPORATION VA mortgage Closing on a mortgage 1 14.3%