Uncle Credit Union Mortgage Rates, Fees & Info

Livermore,

LEI: 8945004XZN3PZQZJW178

Tax ID: 94-1404327

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Mortgage Data

Review & Overview

Uncle Credit Union is a smaller credit union specializing in Cash Out Refi and Refi loans. Uncle Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Stockton, Modesto, San Jose, and Sacramento among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

Uncle Credit Union has an above average approval rate when compared to the average across all lenders. Uncle 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) 6.27% 10/13/24
30 Year Conventional Purchase 6.19% 10/13/24
30 Year Conventional Refi 6.00% 10/13/24
30 Year Cash-out Refi 6.45% 10/13/24
15 Year Conventional Purchase 5.99% 10/13/24
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.

Uncle Credit Union Mortgage Calculator






Your Estimates

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

This is not an official calculator from Uncle 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

209

Origination Dollar Volume (All Markets)

$80,275,000

Awards

UNCLE Credit Union 30 Year Conventional Loans bronze UNCLE Credit Union 30 Year Conventional Loans gold UNCLE Credit Union 30 Year Conventional Loans gold
Show all (3) 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
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 90 $46,330,000 $514,778 $4,047 3.67%
STOCKTON, CA (FHA|USDA|VA) 92 $26,070,000 $283,370 $3,504 3.69%
MODESTO, CA (FHA|USDA|VA) 10 $2,660,000 $266,000 $3,449 3.50%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $1,605,000 $535,000 $3,351 4.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,040,000 $260,000 $3,391 3.81%
Outside of Metro Areas 4 $960,000 $240,000 $4,041 3.81%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $395,000 $395,000 $4,748 3.75%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $355,000 $355,000 $3,375 3.88%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $255,000 $255,000 $6,369 3.88%
YUBA CITY, CA (FHA|USDA|VA) 1 $225,000 $225,000 $3,907 3.75%
VISALIA, CA (FHA|USDA|VA) 1 $195,000 $195,000 $4,133 3.50%
MERCED, CA (FHA|USDA|VA) 1 $185,000 $185,000 $5,689 3.38%
Uncle Credit Union's top markets include San Francisco, Stockton, Modesto, San Jose, and Sacramento among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Similar Lenders

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 209 $80,275,000 $384,091 $3,776 3.68%

    For 2019, Uncle Credit Union's most frequently originated type of loan was Conventional, with 209 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 128 $46,650,000 $364,453 $3,914 3.72%
    Refi 60 $23,570,000 $392,833 $3,277 3.50%
    Home Purchase 21 $10,055,000 $478,810 $4,353 3.99%

    For 2019, Uncle Credit Union's most frequently cited loan purpose was Cash Out Refi, with 128 originations. The 2nd most popular reason was Refi, with 60 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 177 $70,385,000 $397,655 $3,851 3.76%
    20 Year 23 $7,175,000 $311,957 $3,441 3.22%
    15 Year 9 $2,715,000 $301,667 $3,149 3.40%

    For 2019, Uncle Credit Union's most frequently cited loan duration was 30 Year, with 177 originations. The 2nd most popular length was 20 Year, with 23 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 128 $48,180,000 $376,406
    $2k-3k 28 $8,820,000 $315,000
    $5k+ 15 $8,485,000 $565,667
    $3k-4k 14 $5,020,000 $358,571
    $4k-5k 12 $4,390,000 $365,833
    $<1k 6 $2,020,000 $336,667

    Uncle Credit Union's average total fees were $3,851, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 128 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 145 $51,825,000 $357,414
    4-5% 46 $22,530,000 $489,783
    2.5-3% 16 $4,670,000 $291,875
    <2.5% 2 $1,250,000 $625,000

    During 2019, Uncle Credit Union's average interest rate for loans was 3.76%, while their most frequently originated rate bucket for loans was 3-4%, with 145 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 104 $31,710,000 $304,904 $3,663 3.60%
    $400k-600k 45 $21,235,000 $471,889 $3,825 3.60%
    $100k-200k 32 $4,910,000 $153,438 $3,155 3.79%
    $600k-1MM 23 $18,285,000 $795,000 $5,182 4.03%
    $1MM+ 3 $3,965,000 $1,321,667 $3,160 3.88%
    $100,000 or less 2 $170,000 $85,000 $3,160 4.19%

    2019 saw Uncle Credit Union place emphasis on $200k-400k loans with 104 originations, totaling $31,710,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 66 $29,240,000 $443,030 $4,007 3.68%
    $100k-150k 53 $17,945,000 $338,585 $3,699 3.63%
    $50k-75k 29 $6,245,000 $215,345 $3,324 3.69%
    $75k-100k 29 $8,665,000 $298,793 $3,227 3.72%
    $250k+ 25 $16,855,000 $674,200 $4,610 3.76%
    $50k or less 7 $1,325,000 $189,286 $3,331 3.66%

    Uncle Credit Union lent most frequently to those with incomes in the $150k-250k range, with 66 originations. The second most popular income band? $100k-150k, with 53 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 62 $23,350,000 $376,613 $3,706 3.68%
    30-36% 39 $15,055,000 $386,026 $3,931 3.60%
    <20% 26 $8,050,000 $309,615 $3,006 3.36%
    39% 15 $5,465,000 $364,333 $3,635 3.71%
    38% 13 $4,435,000 $341,154 $3,186 3.87%
    41% 11 $5,135,000 $466,818 $4,354 3.73%
    44% 10 $6,030,000 $603,000 $5,414 3.84%
    42% 10 $4,700,000 $470,000 $3,385 4.03%
    43% 7 $2,915,000 $416,429 $5,384 3.80%
    40% 7 $1,735,000 $247,857 $3,517 3.93%
    37% 6 $2,340,000 $390,000 $4,241 4.04%
    36% 3 $1,065,000 $355,000 $2,753 3.29%

    Uncle Credit Union lent most frequently to those with DTI ratios of 20-30%, with 62 originations. The next most common DTI ratio? 30-36%, with 39 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 125 $47,015,000 $376,120 $3,709 3.69%
    Not provided 37 $16,235,000 $438,784 $3,617 3.60%
    Asian 28 $10,210,000 $364,643 $4,069 3.67%
    Black 11 $3,925,000 $356,818 $3,445 3.98%
    Filipino 2 $1,240,000 $620,000 $5,845 3.81%
    Native Hawaiian or Islander 3 $1,115,000 $371,667 $5,713 3.13%
    American Indian 2 $350,000 $175,000 $3,393 4.13%
    Asian Indian 1 $185,000 $185,000 $4,175 4.50%

    Approval Rates

    Total approvals of all applications
    99.52%

    Uncle Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 209 $80,275,000 $384,091

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 209 $80,275,000 $384,091

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 27 $6,345,000 $235,000 $3,154 3.57%
    40-60% 65 $24,185,000 $372,077 $3,185 3.60%
    60-80% 90 $36,930,000 $410,333 $4,306 3.71%
    80-100% 22 $12,010,000 $545,909 $4,314 3.91%
    Under 20% 5 $805,000 $161,000 $2,899 3.85%