Northeast Credit Union is a smaller credit union specializing in Home Improvement and Home Purchase loans. Northeast Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Portland, Manchester, Lebanon, and Concord among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)
Northeast 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. Northeast 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 relatively high 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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This is not an official calculator from Northeast 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.
NORTHEAST CREDIT UNION is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Northeast Credit Union's average 30 year fixed mortgage rate was 6.24%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.24%.
Northeast Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $4,600.
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 $9,089.
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 |
|---|---|---|---|---|---|
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 433 | $50,555,000 | $116,755 | $787 | 6.63% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 319 | $38,435,000 | $120,486 | $1,192 | 6.77% |
| Outside of Metro Areas | 105 | $13,725,000 | $130,714 | $1,205 | 6.53% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 69 | $9,025,000 | $130,797 | $1,308 | 6.78% |
| Lebanon, NH-VT (FHA|USDA|VA) | 52 | $7,390,000 | $142,115 | $1,997 | 6.65% |
| Concord, NH (FHA|USDA|VA) | 62 | $6,510,000 | $105,000 | $925 | 6.71% |
| Laconia, NH (FHA|USDA|VA) | 33 | $4,755,000 | $144,091 | $1,447 | 6.36% |
| Berlin, NH (FHA|USDA|VA) | 44 | $4,010,000 | $91,136 | $473 | 6.41% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,340 | 5.63% |
| Keene, NH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,061 | 7.25% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 7.15% |
| Barre, VT (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,920 | 6.00% |
Northeast Credit Union's top markets include Boston, Portland, Manchester, Lebanon, and Concord among others.
We use machine learning to identify the top lenders compared against NORTHEAST CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
