Union State Bank Of Fargo Mortgage Rates, Fees & InfoFargo, ND
Tax ID: 45-0314785
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
Review & OverviewUnion State Bank Of Fargo is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Union State Bank Of Fargo has a high proportion of conventional loans. Their top markets by origination volume include: Fargo, Watertown, Minneapolis, Jamestown, and Fergus Falls among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)
Union State Bank Of Fargo 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.
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Origination Dollar Volume (All Markets)$97,285,000
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|
|Outside of Metro Areas||377||$48,645,000||$129,032||$0||0.00%|
|FARGO, ND-MN (FHA|USDA|VA)||91||$18,615,000||$204,560||$0||0.00%|
|Watertown, SD (FHA|USDA|VA)||1||$11,575,000||$11,575,000||$0||0.00%|
|MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA)||29||$7,665,000||$264,310||$0||0.00%|
|Jamestown, ND (FHA|USDA|VA)||4||$4,150,000||$1,037,500||$0||0.00%|
|Fergus Falls, MN (FHA|USDA|VA)||5||$1,495,000||$299,000||$0||0.00%|
|GRAND FORKS, ND-MN (FHA|USDA|VA)||10||$1,390,000||$139,000||$0||0.00%|
|ST. CLOUD, MN (FHA|USDA|VA)||2||$900,000||$450,000||$0||0.00%|
|Bemidji, MN (FHA|USDA|VA)||4||$640,000||$160,000||$0||0.00%|
|BISMARCK, ND (FHA|USDA|VA)||3||$615,000||$205,000||$0||0.00%|
|Wahpeton, ND-MN (FHA|USDA|VA)||3||$375,000||$125,000||$0||0.00%|
|PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA)||1||$355,000||$355,000||$0||0.00%|
|BILLINGS, MT (FHA|USDA|VA)||1||$285,000||$285,000||$0||0.00%|
|TUCSON, AZ (FHA|USDA|VA)||1||$205,000||$205,000||$0||0.00%|
|DULUTH, MN-WI (FHA|USDA|VA)||1||$155,000||$155,000||$0||0.00%|
|LINCOLN, NE (FHA|USDA|VA)||1||$145,000||$145,000||$0||0.00%|
|SIOUX FALLS, SD (FHA|USDA|VA)||1||$75,000||$75,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2021, Union State Bank Of Fargo's most frequently originated type of loan was Conventional, with 535 originations.
For 2021, Union State Bank Of Fargo's most frequently cited loan purpose was Home Purchase, with 210 originations. The 2nd most popular reason was Refi, with 146 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2021, Union State Bank Of Fargo's most frequently cited loan duration was Other, with 535 originations.
2021 saw Union State Bank Of Fargo place emphasis on $100k-200k loans with 218 originations, totaling $31,780,000 in origination value.
Union State Bank Of Fargo lent most frequently to those with incomes in the $50k-75k range, with 126 originations. The second most popular income band? $50k or less, with 110 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Union State Bank Of Fargo lent most frequently to those with DTI ratios of Exempt%, with 535 originations.
Approval RatesTotal approvals of all applications
Union State Bank Of Fargo has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Union State Bank Of Fargo has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|