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
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Mortgage Data
Review & Overview
Unified Bank is a smaller bank specializing in Refi and Home Purchase loans. Unified Bank has a high proportion of conventional loans. Their top markets by origination volume include: Wheeling, Canton, New Philadelphia, Columbus, and Weirton among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)Unified Bank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
209Origination Dollar Volume (All Markets)
$29,055,000Top 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) | 78 | $11,250,000 | $144,231 | $0 | 0.00% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 32 | $5,090,000 | $159,063 | $0 | 0.00% |
| Outside of Metro Areas | 19 | $2,195,000 | $115,526 | $0 | 0.00% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 20 | $2,180,000 | $109,000 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 9 | $2,035,000 | $226,111 | $0 | 0.00% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 19 | $1,645,000 | $86,579 | $0 | 0.00% |
| AKRON, OH (FHA|USDA|VA) | 8 | $1,240,000 | $155,000 | $0 | 0.00% |
| Athens, OH (FHA|USDA|VA) | 11 | $775,000 | $70,455 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| Cambridge, OH (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Wooster, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Coshocton, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 209 | $29,055,000 | $139,019 | $0 | 0.00% |
For 2022, Unified Bank's most frequently originated type of loan was Conventional, with 209 originations.
Loan Reason
For 2022, Unified Bank's most frequently cited loan purpose was Refi, with 95 originations. The 2nd most popular reason was Home Purchase, with 79 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 209 | $29,055,000 | $139,019 | $0 | 0.00% |
For 2022, Unified Bank's most frequently cited loan duration was Other, with 209 originations.
Loan Sizing
2022 saw Unified Bank place emphasis on $100,000 or less loans with 100 originations, totaling $5,380,000 in origination value.
Applicant Income
Unified Bank lent most frequently to those with incomes in the $50k or less range, with 65 originations. The second most popular income band? $50k-75k, with 43 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 209 | $29,055,000 | $139,019 | $0 | 0.00% |
Unified Bank lent most frequently to those with DTI ratios of Exempt%, with 209 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.02%
Unified Bank has an average approval rate.
Pick Rate
Approvals leading to origination91.87%
Unified Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 209 | $29,055,000 | $139,019 |