Unico Bank Mortgage Rates, Fees & Info
Mineral Point, MOLEI: 254900UEAUWHP0CJXA09
Tax ID: 43-0338550
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Unico Bank is a smaller bank specializing in Home Purchase loans. Unico Bank has a high proportion of conventional loans. Their top markets by origination volume include: Jonesboro, Farmington, Paragould, St. Louis, and Crestview among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Unico 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
222Origination Dollar Volume (All Markets)
$37,310,000Top 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 |
|---|---|---|---|---|---|
| JONESBORO, AR (FHA|USDA|VA) | 54 | $10,600,000 | $196,296 | $0 | 0.00% |
| Farmington, MO (FHA|USDA|VA) | 40 | $8,680,000 | $217,000 | $0 | 0.00% |
| Paragould, AR (FHA|USDA|VA) | 42 | $6,920,000 | $164,762 | $0 | 0.00% |
| Outside of Metro Areas | 61 | $6,055,000 | $99,262 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 10 | $2,320,000 | $232,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $0 | 0.00% |
| Kennett, MO (FHA|USDA|VA) | 6 | $630,000 | $105,000 | $0 | 0.00% |
| Mountain Home, AR (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| Blytheville, AR (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 222 | $37,310,000 | $168,063 | $0 | 0.00% |
For 2022, Unico Bank's most frequently originated type of loan was Conventional, with 222 originations.
Loan Reason
For 2022, Unico Bank's most frequently cited loan purpose was Home Purchase, with 123 originations. The 2nd most popular reason was Refi, with 60 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 222 | $37,310,000 | $168,063 | $0 | 0.00% |
For 2022, Unico Bank's most frequently cited loan duration was Other, with 222 originations.
Loan Sizing
2022 saw Unico Bank place emphasis on $100,000 or less loans with 101 originations, totaling $5,735,000 in origination value.
Applicant Income
Unico Bank lent most frequently to those with incomes in the $100k-150k range, with 37 originations. The second most popular income band? $50k-75k, with 36 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 222 | $37,310,000 | $168,063 | $0 | 0.00% |
Unico Bank lent most frequently to those with DTI ratios of Exempt%, with 222 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.73%
Unico Bank has an average approval rate.
Pick Rate
Approvals leading to origination93.69%
Unico Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 222 | $37,310,000 | $168,063 |