EDUCATORS CREDIT UNION closing costs and rates (2024)
In 2024, EDUCATORS CREDIT UNION originated 555 purchase mortgages at a median interest rate of 6.50% and median total closing costs of $1,464. That ranks #597 nationally by origination volume. For total closing costs among lenders with 500+ originations, EDUCATORS CREDIT UNION ranks #7. That is $5,277 below the national median of $6,741. EDUCATORS CREDIT UNION is most active in Wisconsin with 549 originations there.
Purchase Originations
555
Ranked #597 nationally
Median Total Costs
$1,464
−78.3% vs national ($6,741)
Median Rate
6.500%
−1.8% vs national (6.620%)
Median Origination
$120
Median Lender Credits
$1,500
Cost Rank (500+ vol.)
#7
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 550 | 6.500% | $1,463 | $120 |
Active states
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,440 | 6.000% | — | 7 | −$24 | |
| 2 | $1,440 | 6.500% | — | 3 | −$24 | |
| 3 | $1,452 | 6.500% | — | 204 | −$12 | |
| 4 | $1,452 | 6.500% | — | 48 | −$12 | |
| 5 | $1,460 | 6.688% | — | 12 | −$4 | |
| 6 | $1,460 | 6.375% | — | 3 | −$4 | |
| 7 | $1,465 | 6.375% | — | 153 | +$1 | |
| 8 | $1,470 | 6.500% | — | 3 | +$6 | |
| 9 | $1,470 | 6.625% | — | 2 | +$6 | |
| 10 | $1,502 | 6.500% | — | 66 | +$38 | |
| 11 | $1,525 | 6.625% | — | 1 | +$61 | |
| 12 | $1,659 | 6.500% | — | 8 | +$195 | |
| 13 | $1,782 | 6.875% | — | 2 | +$318 | |
| 14 | $1,924 | 6.625% | — | 2 | +$460 | |
| 15 | $2,023 | 6.500% | — | 3 | +$559 | |
| 16 | $2,122 | 6.500% | — | 15 | +$658 | |
| 17 | $2,252 | 6.438% | — | 2 | +$788 | |
| 18 | $2,395 | 6.125% | — | 2 | +$931 | |
| 19 | $2,484 | 6.438% | — | 6 | +$1,020 | |
| 20 | $4,258 | 6.625% | — | 3 | +$2,794 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.