CapEd Credit Union Mortgage Interest Rate and Cost Review

Is CapEd Credit Union a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by CapEd Credit Union to those of other lenders for a comparable set of borrowers. Here is our review of CapEd Credit Union nationally:

Review ItemCapEd Credit Union
Interest Ratesimilar to other lenders (+0.07%)
Loan Related Closing Costslower than other lenders (-$275)
National Rate and Closing Cost Star Rating(3.5)

On average, CapEd Credit Union’s interest rates were similar to those of other lenders (+0.07%). On the other hand, its loan related closing costs were lower than those of other lenders, with a difference of -$275. Overall, combining interest rates and closing costs we estimate that CapEd Credit Union tends to be an average cost lender, and give it a National Rate and Closing Costs Rating of 3.5 out of 5 stars.

We maintain our independence by not accepting any money from the mortgage lenders we review. To visit CapEd Credit Union, check out its website at:

CapEd Credit Union’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. For our list of the top mortgage lenders by city, click here. In particular, among the cities we track CapEd Credit Union was most active in:

  1. Boise City, ID
  2. Fruitland, ID
  3. Twin Falls, ID
  4. McCall, ID
  5. Idaho Falls, ID

CapEd Credit Union’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, CapEd Credit Union originated Conforming mortgages for new home purchases and refinances. Its average interest rate and total loan related closing cost difference relative to other lenders by mortgages type is as follows.

New Purchase MortgagesConforming
Interest Rate Difference-0.02%
Loan Related Closing Cost Difference+$387
Cost Adjusted Rate Difference-0.02%
National Star Rating(3.5)
Refinance MortgagesConforming
Interest Rate Difference+0.10%
Loan Related Closing Cost Difference-$495
Cost Adjusted Rate Difference+0.03%
Average Star Rating(3.5)

As a summary, CapEd Credit Union is similar to other lenders for Conforming purchase mortgages. For refinancing, CapEd Credit Union is similar to other lenders for Conforming mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about CapEd Credit Union:

Registered name: Capital Educators Fed CU
Registered city and state: Meridian, ID, 83680
Regulator: National Credit Union Administration (NCUA)

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for CapEd Credit Union’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.