United Credit Union Mortgage Rates, Fees & Info

Mexico, MO

LEI: 5493000LMWUP8XI9UY21

Tax ID: 43-0300770

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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    United Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. United Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Mexico, Jefferson City, Columbia, Moberly, and St. Louis among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    United Credit Union has an 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

    88

    Origination Dollar Volume (All Markets)

    $7,280,000

    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
    Mexico, MO (FHA|USDA|VA) 41 $2,655,000 $64,756 $0 0.00%
    JEFFERSON CITY, MO (FHA|USDA|VA) 18 $1,690,000 $93,889 $0 0.00%
    Outside of Metro Areas 12 $1,310,000 $109,167 $0 0.00%
    COLUMBIA, MO (FHA|USDA|VA) 10 $1,070,000 $107,000 $0 0.00%
    Moberly, MO (FHA|USDA|VA) 5 $485,000 $97,000 $0 0.00%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $70,000 $35,000 $0 0.00%
    United Credit Union's top markets include Mexico, Jefferson City, Columbia, Moberly, and St. Louis among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 88 $7,280,000 $82,727 $0 0.00%

    For 2022, United Credit Union's most frequently originated type of loan was Conventional, with 88 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 43 $3,775,000 $87,791 $0 0.00%
    Home Purchase 26 $2,800,000 $107,692 $0 0.00%
    Other 14 $320,000 $22,857 $0 0.00%
    Cash Out Refi 5 $385,000 $77,000 $0 0.00%

    For 2022, United Credit Union's most frequently cited loan purpose was Refi, with 43 originations. The 2nd most popular reason was Home Purchase, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 88 $7,280,000 $82,727 $0 0.00%

    For 2022, United Credit Union's most frequently cited loan duration was Other, with 88 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 61 $2,775,000 $45,492 $0 0.00%
    $100k-200k 20 $2,770,000 $138,500 $0 0.00%
    $200k-400k 7 $1,735,000 $247,857 $0 0.00%

    2022 saw United Credit Union place emphasis on $100,000 or less loans with 61 originations, totaling $2,775,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 23 $1,835,000 $79,783 $0 0.00%
    $75k-100k 21 $1,775,000 $84,524 $0 0.00%
    $100k-150k 20 $2,160,000 $108,000 $0 0.00%
    $50k or less 20 $810,000 $40,500 $0 0.00%
    $150k-250k 4 $700,000 $175,000 $0 0.00%

    United Credit Union lent most frequently to those with incomes in the $50k-75k range, with 23 originations. The second most popular income band? $75k-100k, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 88 $7,280,000 $82,727 $0 0.00%

    United Credit Union lent most frequently to those with DTI ratios of Exempt%, with 88 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 76 $6,370,000 $83,816 $0 0.00%
    Not provided 5 $525,000 $105,000 $0 0.00%
    Black 6 $280,000 $46,667 $0 0.00%
    American Indian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    85.17%

    United Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    54.55%

    United Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 88 $7,280,000 $82,727

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    88 $7,280,000 $82,727

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Conventional home mortgage Closing on a mortgage 1 100.0%