UNIVERSITY Federal Credit Union closing costs and rates (2024)
In 2024, UNIVERSITY Federal Credit Union originated 800 purchase mortgages at a median interest rate of 6.38% and median total closing costs of $7,982. That ranks #446 nationally by origination volume. For total closing costs among lenders with 500+ originations, UNIVERSITY Federal Credit Union ranks #439. That is $1,241 above the national median of $6,741. UNIVERSITY Federal Credit Union is most active in Texas with 760 originations there.
Purchase Originations
800
Ranked #446 nationally
Median Total Costs
$7,982
+18.4% vs national ($6,741)
Median Rate
6.375%
−3.7% vs national (6.620%)
Median Origination
$3,702
Median Lender Credits
$296
Cost Rank (500+ vol.)
#439
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 654 | 6.500% | $7,313 | $3,795 |
| fha | 121 | 6.125% | $13,094 | $3,733 |
| va | 24 | 6.250% | $7,036 | $347 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Texas | 760 | 6.375% | $7,982 | #83 |
| North Carolina | 39 | 6.250% | $7,529 | — |
| Arkansas | 1 | 5.875% | $13,820 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,058 | 7.250% | — | 5 | −$2,924 | |
| 2 | $6,237 | 6.250% | — | 4 | −$1,745 | |
| 3 | $6,442 | 6.250% | — | 22 | −$1,540 | |
| 4 | $7,109 | 7.000% | — | 5 | −$873 | |
| 5 | $7,222 | 6.375% | — | 9 | −$760 | |
| 6 | $7,248 | 6.375% | — | 25 | −$734 | |
| 7 | $7,681 | 6.500% | — | 49 | −$301 | |
| 8 | $7,833 | 6.375% | — | 353 | −$149 | |
| 9 | $8,011 | 6.625% | — | 4 | +$29 | |
| 10 | $8,050 | 6.500% | — | 43 | +$68 | |
| 11 | $8,162 | 6.312% | — | 4 | +$180 | |
| 12 | $8,230 | 6.438% | — | 4 | +$248 | |
| 13 | $8,373 | 6.250% | — | 11 | +$391 | |
| 14 | $8,378 | 6.250% | — | 5 | +$396 | |
| 15 | $8,380 | 6.500% | — | 146 | +$398 | |
| 16 | $8,541 | 6.500% | — | 5 | +$559 | |
| 17 | $9,109 | 6.500% | — | 9 | +$1,127 | |
| 18 | $9,200 | 6.625% | — | 5 | +$1,218 | |
| 19 | $9,461 | 6.250% | — | 17 | +$1,479 | |
| 20 | $11,007 | 6.562% | — | 6 | +$3,025 |
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.