Ent Credit Union Mortgage Rates, Fees & Info

Colorado Springs, CO

LEI: 6GK3WNTSHBNJOVP1LV97

Tax ID: 84-0470451

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

    Ent Credit Union is a small credit union specializing in Home Improvement and Home Purchase loans. Ent 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: Colorado Springs, Denver, Pueblo, Fort Collins, and Greeley among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ent 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. Ent 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.

    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) 5.96% 12/3/24
    30 Year Conventional Purchase 5.99% 12/3/24
    30 Year Conventional Refi 6.24% 12/3/24
    30 Year Cash-out Refi 6.44% 12/3/24
    30 Year FHA Purchase 6.78% 12/3/24
    30 Year FHA Refi 6.44% 12/3/24
    30 Year VA Purchase 5.76% 12/3/24
    30 Year VA Refi 5.78% 12/3/24
    15 Year Conventional Purchase 5.54% 12/3/24
    15 Year Conventional Refi 5.65% 12/3/24
    15 Year Cash-out Refi 5.65% 12/3/24
    15 Year VA Purchase 5.52% 12/3/24
    15 Year VA Refi 5.85% 12/3/24
    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.

    Ent Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Ent 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

    13,949

    Origination Dollar Volume (All Markets)

    $2,452,555,000
    Show all (27) 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
    COLORADO SPRINGS, CO (FHA|USDA|VA) 8,174 $1,416,760,000 $173,325 $4,238 5.12%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3,222 $605,670,000 $187,980 $4,114 5.25%
    PUEBLO, CO (FHA|USDA|VA) 1,119 $153,745,000 $137,395 $3,777 5.20%
    FORT COLLINS, CO (FHA|USDA|VA) 444 $77,080,000 $173,604 $4,420 5.26%
    GREELEY, CO (FHA|USDA|VA) 385 $60,755,000 $157,805 $4,241 5.54%
    BOULDER, CO (FHA|USDA|VA) 151 $34,305,000 $227,185 $3,989 5.15%
    Outside of Metro Areas 180 $32,630,000 $181,278 $3,673 5.22%
    Cañon City, CO (FHA|USDA|VA) 175 $24,305,000 $138,886 $3,380 5.27%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $14,005,000 $14,005,000 $0 3.38%
    Breckenridge, CO (FHA|USDA|VA) 28 $13,170,000 $470,357 $4,870 4.34%
    SALEM, OR (FHA|USDA|VA) 1 $5,615,000 $5,615,000 $0 4.13%
    GRAND JUNCTION, CO (FHA|USDA|VA) 20 $4,260,000 $213,000 $3,272 5.07%
    Edwards, CO (FHA|USDA|VA) 10 $3,390,000 $339,000 $10,532 4.17%
    Montrose, CO (FHA|USDA|VA) 13 $2,945,000 $226,538 $2,686 4.69%
    Steamboat Springs, CO (FHA|USDA|VA) 8 $1,130,000 $141,250 $0 5.40%
    Durango, CO (FHA|USDA|VA) 5 $1,105,000 $221,000 $5,695 4.64%
    Glenwood Springs, CO (FHA|USDA|VA) 6 $1,010,000 $168,333 $0 4.66%
    Fort Morgan, CO (FHA|USDA|VA) 7 $675,000 $96,429 $2,401 5.74%
    Ent Credit Union's top markets include Colorado Springs, Denver, Pueblo, Fort Collins, and Greeley among others.

    Their top states include:
  • Colorado (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)

    • Similar Lenders

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

    SunWest Credit Union
    Similarity Rank: 96
    COLORAMO
    Similarity Rank: 155
    PREMIER MORTGAGE SERVICES, INC.
    Similarity Rank: 258
    Red Rocks Credit Union
    Similarity Rank: 384
    Grand Valley Bank
    Similarity Rank: 434
    Credit Union of Denver
    Similarity Rank: 450
    DENVER COMMUNITY
    Similarity Rank: 651
    PRIORITY HOME MORTGAGE, L.P.
    Similarity Rank: 714
    BLUE BRICK FINANCIAL LLC
    Similarity Rank: 1020
    ON TAP
    Similarity Rank: 1056

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 10,877 $1,278,475,000 $117,539 n/a 5.48%
    Conventional 2,608 $984,600,000 $377,531 $3,340 4.13%
    VA 295 $135,915,000 $460,729 $8,457 3.77%
    FHA 169 $53,565,000 $316,953 $7,968 4.28%

    For 2022, Ent Credit Union's most frequently originated type of loan was HELOC, with 10,877 originations. Their 2nd most popular type was Conventional, with 2,608 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 5,709 $596,455,000 $104,476 $0 5.39%
    Other 3,625 $384,495,000 $106,068 $0 5.74%
    Home Purchase 2,874 $1,034,770,000 $360,045 $4,302 4.69%
    Refi 882 $189,450,000 $214,796 $2,590 4.53%
    Cash Out Refi 859 $247,385,000 $287,992 $4,396 3.62%

    For 2022, Ent Credit Union's most frequently cited loan purpose was Home Improvement, with 5,709 originations. The 2nd most popular reason was Other, with 3,625 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 9,396 $1,059,750,000 $112,787 $3,284 5.55%
    30 Year 2,616 $1,043,910,000 $399,048 $4,446 4.25%
    Other 1,587 $239,645,000 $151,005 $0 4.96%
    15 Year 312 $71,440,000 $228,974 $1,902 3.00%
    10 Year 38 $37,810,000 $995,000 $2,398 3.50%

    For 2022, Ent Credit Union's most frequently cited loan duration was 20 Year, with 9,396 originations. The 2nd most popular length was 30 Year, with 2,616 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,758 $655,970,000 $373,134
    $1k-2k 407 $124,705,000 $306,400
    $2k-3k 241 $86,805,000 $360,187
    $5k+ 216 $124,240,000 $575,185
    $3k-4k 147 $61,505,000 $418,401
    $4k-5k 97 $42,395,000 $437,062

    Ent Credit Union's average total fees were $4,446, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,758 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 3,708 $706,570,000 $190,553
    3-4% 3,208 $733,950,000 $228,787
    5-6% 2,550 $388,950,000 $152,529
    6-7% 2,326 $288,400,000 $123,990
    7-8% 827 $73,785,000 $89,220
    Over 8% 651 $43,975,000 $67,550
    2.5-3% 499 $171,235,000 $343,156
    <2.5% 180 $45,690,000 $253,833

    During 2022, Ent Credit Union's average interest rate for loans was 4.25%, while their most frequently originated rate bucket for loans was 4-5%, with 3,708 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 6,042 $325,990,000 $53,954 $1,738 5.72%
    $100k-200k 3,537 $477,125,000 $134,895 $2,508 5.05%
    $200k-400k 2,986 $832,890,000 $278,932 $3,910 4.61%
    $400k-600k 968 $453,010,000 $467,986 $4,771 4.44%
    $600k-1MM 352 $256,310,000 $728,153 $6,207 4.12%
    $1MM+ 64 $107,230,000 $1,675,469 $7,236 4.11%

    2022 saw Ent Credit Union place emphasis on $100,000 or less loans with 6,042 originations, totaling $325,990,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 3,803 $621,085,000 $163,314 $4,504 5.25%
    $150k-250k 3,417 $662,545,000 $193,897 $4,728 5.19%
    $75k-100k 2,250 $335,260,000 $149,004 $3,908 5.25%
    $50k-75k 2,019 $270,315,000 $133,886 $3,618 5.13%
    $250k+ 1,539 $410,695,000 $266,858 $5,337 5.06%
    $50k or less 808 $78,830,000 $97,562 $2,910 5.02%

    Ent Credit Union lent most frequently to those with incomes in the $100k-150k range, with 3,803 originations. The second most popular income band? $150k-250k, with 3,417 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 2,861 $458,145,000 $160,135 $3,411 4.94%
    30-36% 2,290 $404,130,000 $176,476 $3,689 5.12%
    50-60% 1,504 $224,400,000 $149,202 $8,976 5.64%
    <20% 1,283 $188,245,000 $146,723 $2,933 4.89%
    42% 457 $86,995,000 $190,361 $3,963 5.22%
    39% 444 $81,210,000 $182,905 $3,312 5.18%
    44% 438 $81,600,000 $186,301 $4,072 5.30%
    40% 426 $85,320,000 $200,282 $3,999 5.19%
    41% 424 $89,130,000 $210,212 $3,791 5.05%
    49% 411 $89,685,000 $218,212 $4,360 5.10%
    43% 410 $80,490,000 $196,317 $4,267 5.16%
    36% 398 $73,280,000 $184,121 $4,354 5.16%
    37% 396 $74,300,000 $187,626 $4,120 5.28%
    38% 394 $71,170,000 $180,635 $3,715 5.22%
    46% 388 $78,740,000 $202,938 $4,920 5.43%
    45% 380 $66,270,000 $174,395 $5,301 5.45%
    48% 375 $71,205,000 $189,880 $4,470 5.37%
    47% 360 $69,300,000 $192,500 $4,284 5.30%
    >60% 292 $43,680,000 $149,589 $6,856 5.60%

    Ent Credit Union lent most frequently to those with DTI ratios of 20-30%, with 2,861 originations. The next most common DTI ratio? 30-36%, with 2,290 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 11,011 $1,892,375,000 $171,862 $4,099 5.16%
    Not provided 1,813 $330,545,000 $182,319 $4,007 5.19%
    Asian 442 $99,600,000 $225,339 $4,443 5.10%
    Black 372 $52,910,000 $142,231 $5,603 5.55%
    Not applicable 13 $33,935,000 $2,610,385 $0 4.59%
    American Indian 194 $27,510,000 $141,804 $3,580 5.42%
    Asian Indian 35 $6,495,000 $185,571 $0 4.92%
    Native Hawaiian or Islander 34 $5,370,000 $157,941 $5,914 5.35%
    Korean 9 $1,245,000 $138,333 $0 5.10%
    Vietnamese 4 $710,000 $177,500 $0 5.74%
    Other Asian 6 $610,000 $101,667 $0 6.53%
    Chinese 2 $460,000 $230,000 $0 6.50%
    Filipino 7 $375,000 $53,571 $0 4.88%
    Other Pacific Islander 3 $195,000 $65,000 $0 5.74%
    Japanese 2 $140,000 $70,000 $0 5.49%
    Samoan 1 $55,000 $55,000 $0 6.24%
    Guamanian 1 $25,000 $25,000 $0 6.74%

    Approval Rates

    Total approvals of all applications
    86.74%

    Ent Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.49%

    Ent Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 13,949 $2,452,555,000 $175,823

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    13,949 $2,452,555,000 $175,823

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3,449 $584,075,000 $169,346 $2,168 5.08%
    40-60% 1,278 $331,410,000 $259,319 $3,084 4.51%
    60-80% 1,283 $508,615,000 $396,426 $4,336 4.34%
    80-100% 1,235 $562,985,000 $455,858 $4,490 4.34%
    Over 100% 42 $21,700,000 $516,667 $18,185 4.27%
    Under 20% 6,659 $443,065,000 $66,536 $1,429 5.67%