Uncle Credit Union Mortgage Rates, Fees & InfoLivermore,
Tax ID: 94-1404327
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
Review & OverviewUncle Credit Union is a smaller credit union specializing in Home Improvement, Refi, and Cash Out Refi loans. Uncle Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Stockton, San Jose, Modesto, and Los Angeles among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)
Uncle 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. Uncle 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 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.
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|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||6.27%||3/19/23|
|30 Year Conventional Purchase||6.59%||3/19/23|
|30 Year Conventional Refi||6.50%||3/19/23|
|30 Year Cash-out Refi||6.65%||3/19/23|
|15 Year Conventional Refi||5.97%||3/19/23|
|15 Year Cash-out Refi||5.97%||3/19/23|
|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.|
Origination Dollar Volume (All Markets)$117,665,000
Uncle Credit Union's average 30 year fixed mortgage rate was
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of 0.07%.
Relative Fees (Closing Costs)
Uncle Credit Union's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,547.
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 $4,750.
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)||280||$69,590,000||$248,536||$5,690||2.36%|
|STOCKTON, CA (FHA|USDA|VA)||143||$26,515,000||$185,420||$4,716||2.51%|
|SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA)||19||$8,235,000||$433,421||$6,341||2.47%|
|MODESTO, CA (FHA|USDA|VA)||15||$2,495,000||$166,333||$4,636||2.71%|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||14||$2,410,000||$172,143||$7,222||2.81%|
|SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA)||9||$2,275,000||$252,778||$4,452||2.68%|
|SALINAS, CA (FHA|USDA|VA)||5||$915,000||$183,000||$6,675||2.39%|
|SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA)||1||$805,000||$805,000||$4,465||3.00%|
|Eureka-Arcata, CA (FHA|USDA|VA)||1||$755,000||$755,000||$7,207||3.38%|
|VALLEJO, CA (FHA|USDA|VA)||3||$565,000||$188,333||$3,565||2.12%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||2||$480,000||$240,000||$3,520||2.87%|
|Outside of Metro Areas||3||$475,000||$158,333||$3,480||2.12%|
|SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA)||1||$455,000||$455,000||$3,996||3.25%|
|Truckee-Grass Valley, CA (FHA|USDA|VA)||2||$440,000||$220,000||$0||1.99%|
|REDDING, CA (FHA|USDA|VA)||1||$335,000||$335,000||$6,724||3.50%|
|MERCED, CA (FHA|USDA|VA)||1||$285,000||$285,000||$7,153||3.13%|
|YUBA CITY, CA (FHA|USDA|VA)||1||$235,000||$235,000||$3,785||2.88%|
|CHICO, CA (FHA|USDA|VA)||1||$175,000||$175,000||$0||2.99%|
|Sonora, CA (FHA|USDA|VA)||1||$165,000||$165,000||$3,700||2.50%|
|SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)||1||$45,000||$45,000||$0||1.99%|
|FRESNO, CA (FHA|USDA|VA)||1||$15,000||$15,000||$0||2.99%|
Their top states include:
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2021, Uncle Credit Union's most frequently originated type of loan was HELOC, with 371 originations. Their 2nd most popular type was Conventional, with 134 originations.
For 2021, Uncle Credit Union's most frequently cited loan purpose was Home Improvement, with 206 originations. The 2nd most popular reason was Other, with 111 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2021, Uncle Credit Union's most frequently cited loan duration was Other, with 371 originations. The 2nd most popular length was 30 Year, with 107 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Uncle Credit Union's average total fees were $5,547, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 65 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2021, Uncle Credit Union's average interest rate for loans was 3.22%, while their most frequently originated rate bucket for loans was <2.5%, with 372 originations.
2021 saw Uncle Credit Union place emphasis on $200k-400k loans with 155 originations, totaling $42,445,000 in origination value.
Uncle Credit Union lent most frequently to those with incomes in the $150k-250k range, with 172 originations. The second most popular income band? $100k-150k, with 130 originations.
Applicant Debt to Income Ratio
Uncle Credit Union lent most frequently to those with DTI ratios of 20-30%, with 94 originations. The next most common DTI ratio? 30-36%, with 88 originations.
Approval RatesTotal approvals of all applications
Uncle Credit Union has an average approval rate.
Pick RateApprovals leading to origination
Uncle Credit Union has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|