Gte Federal Credit Union Mortgage Rates, Fees & Info
Tampa, FLLEI: 549300ZIQ24V0C88AC41
Tax ID: 59-0642956
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Gte Federal Credit Union is a smaller credit union specializing in Other and Home Purchase loans. Gte Federal Credit Union has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Tampa, Miami, Los Angeles, North Port, and Nashville among others. We have data for 160 markets. (Some data included below & more in-depth data is available with an active subscription.)Gte 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. Gte Federal 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 relatively high 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) | 6.63% | 12/16/24 |
| 30 Year Conventional Purchase | 6.62% | 12/16/24 |
| 30 Year Conventional Refi | 6.85% | 12/16/24 |
| 30 Year Cash-out Refi | 6.77% | 12/16/24 |
| 30 Year FHA Purchase | 7.86% | 12/16/24 |
| 30 Year VA Purchase | 6.27% | 12/16/24 |
| 15 Year Conventional Purchase | 7.41% | 12/16/24 |
| 15 Year Conventional Refi | 7.32% | 12/16/24 |
| 15 Year Cash-out Refi | 7.32% | 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. | ||
Gte 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 Gte 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
1,987Origination Dollar Volume (All Markets)
$308,805,000Awards
GTE Federal Credit Union - 2023
GTE Federal Credit Union is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Gte Federal Credit Union's average 30 year fixed mortgage rate was
9.06%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 2.58%.
Relative Fees (Closing Costs)
Gte Federal Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,358.
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 $9,089.
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 |
|---|---|---|---|---|---|
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 843 | $134,275,000 | $159,282 | $2,918 | 7.58% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 103 | $19,395,000 | $188,301 | $4,709 | 9.25% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 72 | $12,600,000 | $175,000 | $0 | 10.46% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 64 | $12,160,000 | $190,000 | $3,236 | 7.90% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 46 | $8,120,000 | $176,522 | $0 | 9.79% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 54 | $8,080,000 | $149,630 | $0 | 10.16% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 45 | $7,475,000 | $166,111 | $0 | 9.74% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 33 | $7,415,000 | $224,697 | $4,308 | 7.77% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 47 | $5,875,000 | $125,000 | $2,914 | 7.95% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 26 | $5,600,000 | $215,385 | $0 | 9.96% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 29 | $5,455,000 | $188,103 | $0 | 9.99% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 31 | $3,985,000 | $128,548 | $0 | 9.70% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 30 | $3,760,000 | $125,333 | $0 | 10.66% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 28 | $3,610,000 | $128,929 | $0 | 11.06% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 25 | $3,265,000 | $130,600 | $3,146 | 7.76% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 19 | $3,205,000 | $168,684 | $0 | 10.04% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 18 | $2,780,000 | $154,444 | $0 | 11.15% |
| BOISE CITY, ID (FHA|USDA|VA) | 21 | $2,625,000 | $125,000 | $0 | 10.18% |
| OCALA, FL (FHA|USDA|VA) | 28 | $2,280,000 | $81,429 | $2,228 | 7.79% |
| Outside of Metro Areas | 16 | $1,970,000 | $123,125 | $7,567 | 10.33% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 13 | $1,955,000 | $150,385 | $0 | 10.92% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 14 | $1,840,000 | $131,429 | $0 | 10.91% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 20 | $1,830,000 | $91,500 | $0 | 10.42% |
| RENO, NV (FHA|USDA|VA) | 13 | $1,735,000 | $133,462 | $0 | 10.52% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 10 | $1,620,000 | $162,000 | $0 | 10.90% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 8 | $1,600,000 | $200,000 | $3,403 | 8.33% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 15 | $1,565,000 | $104,333 | $0 | 10.15% |
| STOCKTON, CA (FHA|USDA|VA) | 10 | $1,250,000 | $125,000 | $0 | 11.28% |
| COLUMBUS, OH (FHA|USDA|VA) | 7 | $1,235,000 | $176,429 | $0 | 9.57% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 12 | $1,180,000 | $98,333 | $850 | 10.29% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 5 | $1,135,000 | $227,000 | $0 | 9.95% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 5 | $1,105,000 | $221,000 | $0 | 9.10% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 8 | $1,080,000 | $135,000 | $0 | 10.06% |
| THE VILLAGES, FL (FHA|USDA|VA) | 5 | $1,065,000 | $213,000 | $10,193 | 7.37% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $5,128 | 8.21% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 6 | $960,000 | $160,000 | $0 | 11.00% |
| GAINESVILLE, FL (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $5,715 | 5.50% |
| PROVO-OREM, UT (FHA|USDA|VA) | 5 | $805,000 | $161,000 | $0 | 9.85% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 5 | $785,000 | $157,000 | $2,981 | 7.20% |
| Outside of Metro Areas | 4 | $710,000 | $177,500 | $0 | 9.31% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $0 | 10.50% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $675,000 | $135,000 | $0 | 10.25% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 6 | $670,000 | $111,667 | $0 | 10.21% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $0 | 9.08% |
| KNOXVILLE, TN (FHA|USDA|VA) | 7 | $635,000 | $90,714 | $0 | 10.71% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $0 | 10.33% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $0 | 10.50% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 4 | $600,000 | $150,000 | $2,899 | 9.09% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 4 | $600,000 | $150,000 | $0 | 10.81% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 8.62% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 10.12% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 7 | $575,000 | $82,143 | $0 | 11.29% |
| Kalispell, MT (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $0 | 10.12% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $0 | 9.41% |
| Key West, FL (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $0 | 9.87% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $0 | 10.24% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $0 | 10.75% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 6 | $510,000 | $85,000 | $0 | 11.04% |
| Prineville, OR (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 9.50% |
| Heber, UT (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 9.50% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 6 | $500,000 | $83,333 | $0 | 10.62% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 7 | $495,000 | $70,714 | $0 | 9.74% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $0 | 9.58% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 9.50% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $0 | 10.50% |
| Bozeman, MT (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $0 | 9.25% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 5 | $445,000 | $89,000 | $0 | 10.60% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $0 | 9.67% |
| BELLINGHAM, WA (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 10.88% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $370,000 | $92,500 | $0 | 9.50% |
| FRESNO, CA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 10.25% |
| Fernley, NV (FHA|USDA|VA) | 4 | $350,000 | $87,500 | $0 | 11.25% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 9.00% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 9.50% |
| CHICO, CA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 10.25% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 9.88% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $0 | 11.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 9.75% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 9.12% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $0 | 10.17% |
| VALLEJO, CA (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 10.62% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 4 | $270,000 | $67,500 | $645 | 9.75% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 11.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 11.50% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 8.87% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $240,000 | $60,000 | $325 | 9.87% |
| REDDING, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 10.25% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 5 | $235,000 | $47,000 | $303 | 7.95% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 11.13% |
| TWIN FALLS, ID (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 10.13% |
| Hailey, ID (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 11.50% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 9.63% |
| Sonora, CA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 11.25% |
| Sandpoint, ID (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 11.13% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 10.00% |
| MADERA, CA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 11.38% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 10.00% |
| Traverse City, MI (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 11.25% |
| Hilo, HI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 11.50% |
| ANCHORAGE, AK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 9.50% |
| Coos Bay, OR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 11.50% |
| Cookeville, TN (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 10.50% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 10.00% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 11.50% |
| AKRON, OH (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 10.37% |
| READING, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 10.50% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 10.50% |
| Newport, OR (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 12.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 10.25% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 8.24% |
| MORRISTOWN, TN (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 11.63% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $334 | 9.81% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 8.75% |
| Fort Payne, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 8.75% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $1,031 | 9.43% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 11.25% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 10.50% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.25% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.50% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 11.75% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.50% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 11.75% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 11.75% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 11.75% |
| Moscow, ID (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 11.75% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 12.00% |
| Rock Springs, WY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 10.75% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 9.50% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 10.75% |
| Albertville, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 12.00% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 12.00% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $80,000 | $40,000 | $0 | 10.88% |
| Bradford, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 12.00% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 12.00% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.74% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 12.00% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 12.00% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 12.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 10.25% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.99% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 11.00% |
| Burley, ID (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.75% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.74% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| MERCED, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.75% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.74% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| Shelby, NC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.99% |
| Seneca, SC (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.75% |
| FLINT, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 11.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.00% |
| Spirit Lake, IA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.75% |
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Product Mix
For 2023, Gte Federal Credit Union's most frequently originated type of loan was HELOC, with 1,066 originations. Their 2nd most popular type was Conventional, with 904 originations.
Loan Reason
For 2023, Gte Federal Credit Union's most frequently cited loan purpose was Other, with 608 originations. The 2nd most popular reason was Home Purchase, with 598 originations.
Loan Duration/Length
For 2023, Gte Federal Credit Union's most frequently cited loan duration was 30 Year, with 1,278 originations. The 2nd most popular length was 15 Year, with 427 originations.
Origination Fees/Closing Costs
Gte Federal Credit Union's average total fees were $6,358, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 532 originations.
Interest Rates
During 2023, Gte Federal Credit Union's average interest rate for loans was 9.06%, while their most frequently originated rate bucket for loans was Over 8%, with 1,267 originations.
Loan Sizing
2023 saw Gte Federal Credit Union place emphasis on $100,000 or less loans with 931 originations, totaling $53,935,000 in origination value.
Applicant Income
Gte Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 506 originations. The second most popular income band? $150k-250k, with 434 originations.
Applicant Debt to Income Ratio
Gte Federal Credit Union lent most frequently to those with DTI ratios of 44%, with 317 originations. The next most common DTI ratio? 30-36%, with 277 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications71.06%
Gte Federal Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination71.77%
Gte Federal Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,987 | $308,805,000 | $155,413 |