Access Community Credit Union Mortgage Rates, Fees & Info
Amarillo, TXLEI: 549300ZLEJNF277L8Q40
Tax ID: 75-0870689
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Access Community Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Access Community Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Amarillo, Austin, Lubbock, and Tyler among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Access Community Credit Union has an average approval rate when compared to the average across all lenders. They have an above 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.
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 |
|---|---|---|
| 30 Year Conventional Purchase | 7.23% | 4/28/24 |
| 30 Year Conventional Refi | 6.85% | 4/28/24 |
| 30 Year Cash-out Refi | 6.79% | 4/28/24 |
| 30 Year FHA Purchase | 7.64% | 4/28/24 |
| 15 Year Conventional Purchase | 6.33% | 4/28/24 |
| 15 Year Conventional Refi | 6.39% | 4/28/24 |
| 15 Year Cash-out Refi | 6.39% | 4/28/24 |
| 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. | ||
Access Community Credit Union Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Access Community 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
58Origination Dollar Volume (All Markets)
$7,710,000Top 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 |
|---|---|---|---|---|---|
| AMARILLO, TX (FHA|USDA|VA) | 51 | $6,975,000 | $136,765 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $185,000 | $61,667 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Access Community Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 85
Similarity Rank: 748
Similarity Rank: 784
Similarity Rank: 897
Similarity Rank: 1476
Similarity Rank: 1596
Similarity Rank: 2025
Similarity Rank: 2655
Similarity Rank: 5538
Similarity Rank: 9163
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 58 | $7,710,000 | $132,931 | $0 | 0.00% |
For 2019, Access Community Credit Union's most frequently originated type of loan was Conventional, with 58 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 26 | $3,180,000 | $122,308 | $0 | 0.00% |
| Home Purchase | 18 | $3,030,000 | $168,333 | $0 | 0.00% |
| Home Improvement | 14 | $1,500,000 | $107,143 | $0 | 0.00% |
For 2019, Access Community Credit Union's most frequently cited loan purpose was Refi, with 26 originations. The 2nd most popular reason was Home Purchase, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 58 | $7,710,000 | $132,931 | $0 | 0.00% |
For 2019, Access Community Credit Union's most frequently cited loan duration was Other, with 58 originations.
Loan Sizing
2019 saw Access Community Credit Union place emphasis on $100k-200k loans with 24 originations, totaling $3,230,000 in origination value.
Applicant Income
Access Community Credit Union lent most frequently to those with incomes in the $75k-100k range, with 18 originations. The second most popular income band? $50k or less, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 58 | $7,710,000 | $132,931 | $0 | 0.00% |
Access Community Credit Union lent most frequently to those with DTI ratios of Exempt%, with 58 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 55 | $7,365,000 | $133,909 | $0 | 0.00% |
| Not provided | 2 | $190,000 | $95,000 | $0 | 0.00% |
| Asian | 1 | $155,000 | $155,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications82.19%
Access Community Credit Union has a below average approval rate.
Pick Rate
Approvals leading to origination96.55%
Access Community Credit Union has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 58 | $7,710,000 | $132,931 |