Interstate Unlimited Federal Credit Union Mortgage Rates, Fees & Info

Jesup, GA

LEI: 549300Z6CO0YC8ULYR28

Tax ID: 58-6075493

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

    Interstate Unlimited Federal Credit Union is a smaller credit union specializing in Home Improvement and Other loans. Interstate Unlimited Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Jesup, Hinesville, Vidalia, Waycross, and Brunswick among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Interstate Unlimited Federal 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.

    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
    30 Year Conventional Purchase 4.03% 12/16/24
    30 Year Conventional Refi 6.27% 12/16/24
    30 Year Cash-out Refi 6.27% 12/16/24
    15 Year Conventional Purchase 5.68% 12/16/24
    15 Year Conventional Refi 5.68% 12/16/24
    15 Year Cash-out Refi 5.68% 12/16/24
    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.

    Interstate Unlimited Federal Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Interstate Unlimited Federal 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

    72

    Origination Dollar Volume (All Markets)

    $3,160,000

    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
    Jesup, GA (FHA|USDA|VA) 29 $1,345,000 $46,379 $1,355 4.20%
    Outside of Metro Areas 32 $1,320,000 $41,250 $1,171 3.98%
    HINESVILLE, GA (FHA|USDA|VA) 5 $235,000 $47,000 $0 3.59%
    Vidalia, GA (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.25%
    Waycross, GA (FHA|USDA|VA) 2 $90,000 $45,000 $0 3.25%
    BRUNSWICK, GA (FHA|USDA|VA) 3 $65,000 $21,667 $1,781 4.33%
    Interstate Unlimited Federal Credit Union's top markets include Jesup, Hinesville, Vidalia, Waycross, and Brunswick among others.

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

    • Similar Lenders

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

    UNITED WHOLESALE MORTGAGE, LLC
    Similarity Rank: 1796
    Mortgage Research Center, LLC
    Similarity Rank: 1846
    QUICKEN LOANS, LLC
    Similarity Rank: 5568

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 53 $2,325,000 $43,868 $1,365 4.16%
    HELOC 19 $835,000 $43,947 n/a 3.69%

    For 2021, Interstate Unlimited Federal Credit Union's most frequently originated type of loan was Conventional, with 53 originations. Their 2nd most popular type was HELOC, with 19 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 43 $1,895,000 $44,070 $1,391 3.97%
    Other 21 $875,000 $41,667 $1,312 4.24%
    Refi 4 $240,000 $60,000 $0 3.62%
    Cash Out Refi 3 $115,000 $38,333 $0 4.50%
    Home Purchase 1 $35,000 $35,000 $0 3.25%

    For 2021, Interstate Unlimited Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 43 originations. The 2nd most popular reason was Other, with 21 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 40 $2,000,000 $50,000 $1,462 3.91%
    Other 17 $595,000 $35,000 $1,171 4.62%
    5 Year 14 $530,000 $37,857 $1,171 3.69%
    10 Year 1 $35,000 $35,000 $0 4.25%

    For 2021, Interstate Unlimited Federal Credit Union's most frequently cited loan duration was 15 Year, with 40 originations. The 2nd most popular length was Other, with 17 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1 $135,000 $135,000

    Interstate Unlimited Federal Credit Union's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 31 $1,255,000 $40,484
    4-5% 26 $1,250,000 $48,077
    2.5-3% 8 $420,000 $52,500
    5-6% 5 $145,000 $29,000
    6-7% 1 $35,000 $35,000
    Over 8% 1 $55,000 $55,000

    During 2021, Interstate Unlimited Federal Credit Union's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 31 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 66 $2,390,000 $36,212 $1,347 4.05%
    $100k-200k 6 $770,000 $128,333 $1,454 3.96%

    2021 saw Interstate Unlimited Federal Credit Union place emphasis on $100,000 or less loans with 66 originations, totaling $2,390,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 25 $885,000 $35,400 $1,245 4.08%
    $50k-75k 16 $630,000 $39,375 $1,781 4.41%
    $100k-150k 15 $805,000 $53,667 $1,374 4.07%
    $75k-100k 10 $420,000 $42,000 $0 3.85%
    $150k-250k 4 $310,000 $77,500 $0 3.19%
    $250k+ 2 $110,000 $55,000 $1,171 2.99%

    Interstate Unlimited Federal Credit Union lent most frequently to those with incomes in the $50k or less range, with 25 originations. The second most popular income band? $50k-75k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 21 $745,000 $35,476 $1,318 4.00%
    <20% 19 $825,000 $43,421 $1,476 3.97%
    30-36% 9 $445,000 $49,444 $0 4.54%
    41% 4 $250,000 $62,500 $0 4.00%
    37% 4 $250,000 $62,500 $1,454 3.56%
    42% 3 $225,000 $75,000 $0 4.80%
    44% 3 $145,000 $48,333 $0 3.91%
    50-60% 2 $50,000 $25,000 $1,171 3.99%
    36% 2 $70,000 $35,000 $0 4.24%
    40% 1 $15,000 $15,000 $0 3.99%
    39% 1 $55,000 $55,000 $0 2.99%
    45% 1 $35,000 $35,000 $0 4.25%
    48% 1 $25,000 $25,000 $0 3.25%
    38% 1 $25,000 $25,000 $1,294 3.25%

    Interstate Unlimited Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 21 originations. The next most common DTI ratio? <20%, with 19 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 58 $2,680,000 $46,207 $1,282 4.05%
    Black 14 $480,000 $34,286 $1,781 3.99%

    Approval Rates

    Total approvals of all applications
    88.42%

    Interstate Unlimited Federal Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.33%

    Interstate Unlimited Federal Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 72 $3,160,000 $43,889

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    72 $3,160,000 $43,889

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $985,000 $42,826 $1,171 4.16%
    40-60% 16 $800,000 $50,000 $0 3.99%
    60-80% 7 $365,000 $52,143 $1,312 3.82%
    80-100% 6 $410,000 $68,333 $0 4.08%
    Under 20% 12 $280,000 $23,333 $1,464 3.97%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    INTERNATIONAL CITY MORTGAGE VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%