Pacific Service Credit Union Mortgage Interest Rate and Cost Review

Is Pacific Service 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 Pacific Service Credit Union to those of other lenders for a comparable set of borrowers. We maintain our independence by not accepting any money from the mortgage lenders we review. Going by historical data, here is our review of Pacific Service Credit Union nationally:

Review ItemPacific Service Credit Union
Interest Ratesimilar to other lenders (-0.08%)
Loan Related Closing Costssimilar to other lenders (-$234)
National Rate and Closing Cost Star Rating(4)

On average, Pacific Service Credit Union’s interest rates were similar to those of other lenders (-0.08%) for a comparable set of borrowers. Its loan related closing costs were also similar to those of other lenders, with a difference of -$234. Overall, combining interest rates and closing costs we estimate that Pacific Service Credit Union tends to be an average cost lender, and give it a National Rate and Closing Costs Rating of 4 out of 5 stars. To visit Pacific Service Credit Union, its website is located at: https://www.pacificservice.org.

Pacific Service Credit Union’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. In particular, among the cities we track Pacific Service Credit Union was most active in:

  1. San Francisco, CA
  2. Fresno, CA
  3. Sacramento, CA
  4. Stockton, CA
  5. Redding, CA

You can click through to check out Pacific Service Credit Union’s mortgage rate relative to those of other lenders within each city. Or, for our entire list of the top mortgage lenders by city, click here.

Pacific Service 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, Pacific Service Credit Union originated Conforming mortgages for new home purchases. It also originated Conforming and VA mortgages for refinances. Its average interest rate and total loan related closing cost difference relative to other lenders for comparable borrowers by mortgages type is as follows.

Purchase/Refinance:
New Purchase MortgagesConforming
Interest Rate Difference-0.04%
Loan Related Closing Cost Difference-$172
Cost Adjusted Rate Difference-0.05%
National Star Rating(3.5)
Refinance MortgagesConformingVA
Interest Rate Difference-0.09%-0.00%
Loan Related Closing Cost Difference-$250-$21
Cost Adjusted Rate Difference-0.11%-0.01%
Average Star Rating(4)(3.5)

As a summary, Pacific Service Credit Union is similar to other lenders for Conforming purchase mortgages. For refinancing mortgages, Pacific Service Credit Union is cheap for Conforming mortgage refinance. It is similar to other lenders for VA 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 Pacific Service Credit Union:

Registered name: Pacific Service Credit Union
Registered city and state: Concord, CA, 94519
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 Pacific Service 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.