United Security Bank Mortgage Rates, Fees & Info

AUXVASSE, MO

LEI: 254900QQZUS3XZMKYY67

Tax ID: 43-0511150

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

United Security Bank is a smaller bank specializing in Home Purchase and Refi loans. United Security Bank has a high proportion of conventional loans. Their top markets by origination volume include: Jefferson City, Mexico, and St. Louis among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

United Security Bank has an above average approval rate when compared to the average across all 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

28

Origination Dollar Volume (All Markets)

$2,730,000

Top 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
JEFFERSON CITY, MO (FHA|USDA|VA) 21 $2,145,000 $102,143 $0 0.00%
Mexico, MO (FHA|USDA|VA) 6 $410,000 $68,333 $0 0.00%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
United Security Bank's top markets include Jefferson City, Mexico, and St. Louis among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 28 $2,730,000 $97,500 $0 0.00%

    For 2018, United Security Bank's most frequently originated type of loan was Conventional, with 28 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 22 $2,020,000 $91,818 $0 0.00%
    Refi 5 $685,000 $137,000 $0 0.00%
    Home Improvement 1 $25,000 $25,000 $0 0.00%

    For 2018, United Security Bank's most frequently cited loan purpose was Home Purchase, with 22 originations. The 2nd most popular reason was Refi, with 5 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 28 $2,730,000 $97,500 $0 0.00%

    For 2018, United Security Bank's most frequently cited loan duration was Other, with 28 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 18 $940,000 $52,222 $0 0.00%
    $100k-200k 7 $965,000 $137,857 $0 0.00%
    $200k-400k 3 $825,000 $275,000 $0 0.00%

    2018 saw United Security Bank place emphasis on $100,000 or less loans with 18 originations, totaling $940,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 14 $1,170,000 $83,571 $0 0.00%
    $100k-150k 6 $570,000 $95,000 $0 0.00%
    $50k-75k 4 $430,000 $107,500 $0 0.00%
    $150k-250k 2 $460,000 $230,000 $0 0.00%
    $75k-100k 1 $65,000 $65,000 $0 0.00%

    United Security Bank lent most frequently to those with incomes in the $50k or less range, with 14 originations. The second most popular income band? $100k-150k, with 6 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 27 $2,695,000 $99,815 $0 0.00%
    Not applicable 1 $35,000 $35,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    United Security Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 28 $2,730,000 $97,500

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $45,000 $45,000
    Single Family (1-4 Units):Site-Built 27 $2,685,000 $99,444

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Other type of mortgage Trouble during payment process 1 25.0%
    UNITED COMMUNITY BANK Conventional home mortgage Trouble during payment process 1 25.0%
    UNITED COMMUNITY BANK Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    UNITED COMMUNITY BANK Other type of mortgage Struggling to pay mortgage 1 25.0%