Unified Bank Mortgage Rates, Fees & Info
Martins Ferry, OHLEI: 2549001ZX3163R62TB83
Tax ID: 34-0144400
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Unified Bank is a smaller bank specializing in Home Purchase and Refi loans. Unified Bank has a high proportion of conventional loans. Their top markets by origination volume include: Wheeling, Canton, Columbus, New Philadelphia, and Weirton among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Unified Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
164Origination Dollar Volume (All Markets)
$15,970,000Top Markets
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 |
|---|---|---|---|---|---|
| WHEELING, WV-OH (FHA|USDA|VA) | 68 | $5,940,000 | $87,353 | $0 | 0.00% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 37 | $4,375,000 | $118,243 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 10 | $1,590,000 | $159,000 | $0 | 0.00% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 15 | $1,475,000 | $98,333 | $0 | 0.00% |
| Outside of Metro Areas | 12 | $980,000 | $81,667 | $0 | 0.00% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 8 | $540,000 | $67,500 | $0 | 0.00% |
| Athens, OH (FHA|USDA|VA) | 8 | $360,000 | $45,000 | $0 | 0.00% |
| AKRON, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Meadville, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Cambridge, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Salem, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 164 | $15,970,000 | $97,378 | $0 | 0.00% |
For 2023, Unified Bank's most frequently originated type of loan was Conventional, with 164 originations.
Loan Reason
For 2023, Unified Bank's most frequently cited loan purpose was Home Purchase, with 72 originations. The 2nd most popular reason was Refi, with 50 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 164 | $15,970,000 | $97,378 | $0 | 0.00% |
For 2023, Unified Bank's most frequently cited loan duration was Other, with 164 originations.
Loan Sizing
2023 saw Unified Bank place emphasis on $100,000 or less loans with 107 originations, totaling $5,505,000 in origination value.
Applicant Income
Unified Bank lent most frequently to those with incomes in the $50k-75k range, with 42 originations. The second most popular income band? $50k or less, with 33 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 164 | $15,970,000 | $97,378 | $0 | 0.00% |
Unified Bank lent most frequently to those with DTI ratios of Exempt%, with 164 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.39%
Unified Bank has an average approval rate.
Pick Rate
Approvals leading to origination83.54%
Unified Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 164 | $15,970,000 | $97,378 |