Us Mortgage Corporation Rates, Fees & Info
MELVILLE, NYLEI: 54930039IUN6515TBG78
Tax ID: 11-3198028
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Mortgage Data
Review & Overview
Us Mortgage Corporation is a smaller mortgage company specializing in Home Purchase loans. Us Mortgage Corporation has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Atlanta, New York, Tulsa, Philadelphia, and Myrtle Beach among others. We have data for 140 markets. (Some data included below & more in-depth data is available with an active subscription.)Us Mortgage Corporation 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. Us Mortgage Corporation is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.90% | 12/16/24 |
| 30 Year Conventional Refi | 6.63% | 12/16/24 |
| 30 Year Cash-out Refi | 6.80% | 12/16/24 |
| 30 Year FHA Purchase | 7.67% | 12/16/24 |
| 30 Year FHA Refi | 7.58% | 12/16/24 |
| 30 Year VA Purchase | 6.66% | 12/16/24 |
| 30 Year VA Refi | 6.08% | 12/16/24 |
| 30 Year USDA Purchase | 7.05% | 12/16/24 |
| 30 Year USDA Refi | 6.27% | 12/16/24 |
| 15 Year Conventional Purchase | 6.62% | 12/16/24 |
| 15 Year Conventional Refi | 6.16% | 12/16/24 |
| 15 Year Cash-out Refi | 6.16% | 12/16/24 |
| 15 Year FHA Purchase | 5.68% | 12/16/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Us Mortgage Corporation Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Us Mortgage Corporation. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,634Origination Dollar Volume (All Markets)
$483,420,000Awards
US MORTGAGE CORPORATION - 2023
US MORTGAGE CORPORATION is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Us Mortgage Corporation's average 30 year fixed mortgage rate was
6.76%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.28%.
Relative Fees (Closing Costs)
Us Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate
mortgage were $11,346.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 412 | $131,780,000 | $319,854 | $11,008 | 6.94% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 293 | $124,935,000 | $426,399 | $15,524 | 6.65% |
| TULSA, OK (FHA|USDA|VA) | 148 | $34,400,000 | $232,432 | $9,549 | 6.77% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 93 | $25,265,000 | $271,667 | $11,326 | 6.53% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 99 | $24,945,000 | $251,970 | $8,992 | 6.74% |
| WICHITA, KS (FHA|USDA|VA) | 87 | $16,945,000 | $194,770 | $8,044 | 6.78% |
| Outside of Metro Areas | 54 | $10,590,000 | $196,111 | $8,695 | 6.79% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 27 | $9,745,000 | $360,926 | $12,185 | 6.85% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 35 | $7,395,000 | $211,286 | $8,784 | 6.98% |
| BATON ROUGE, LA (FHA|USDA|VA) | 21 | $4,065,000 | $193,571 | $9,243 | 7.02% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 11 | $3,825,000 | $347,727 | $14,019 | 6.57% |
| Jefferson, GA (FHA|USDA|VA) | 10 | $3,710,000 | $371,000 | $13,605 | 6.79% |
| GAINESVILLE, GA (FHA|USDA|VA) | 13 | $3,585,000 | $275,769 | $12,619 | 7.17% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 20 | $3,520,000 | $176,000 | $6,687 | 6.62% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 9 | $3,285,000 | $365,000 | $17,045 | 6.04% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 10 | $2,640,000 | $264,000 | $13,978 | 6.31% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 8 | $2,570,000 | $321,250 | $14,346 | 6.33% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 7 | $2,225,000 | $317,857 | $15,468 | 6.82% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 7 | $2,175,000 | $310,714 | $10,929 | 6.80% |
| EL PASO, TX (FHA|USDA|VA) | 9 | $2,145,000 | $238,333 | $8,579 | 7.32% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 5 | $2,135,000 | $427,000 | $11,935 | 7.48% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 8 | $1,930,000 | $241,250 | $13,390 | 6.25% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 7 | $1,925,000 | $275,000 | $13,759 | 6.64% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 11 | $1,885,000 | $171,364 | $5,890 | 6.61% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 7 | $1,845,000 | $263,571 | $11,343 | 6.82% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 7 | $1,775,000 | $253,571 | $10,640 | 6.82% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 6 | $1,670,000 | $278,333 | $10,331 | 6.50% |
| RICHMOND, VA (FHA|USDA|VA) | 6 | $1,310,000 | $218,333 | $8,541 | 7.34% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $1,300,000 | $325,000 | $16,277 | 6.09% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 5 | $1,255,000 | $251,000 | $11,870 | 6.20% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $32,987 | 7.29% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $1,165,000 | $388,333 | $10,681 | 6.83% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $1,140,000 | $285,000 | $10,986 | 7.28% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $14,090 | 7.13% |
| Calhoun, GA (FHA|USDA|VA) | 4 | $1,060,000 | $265,000 | $10,034 | 6.50% |
| Bartlesville, OK (FHA|USDA|VA) | 7 | $1,055,000 | $150,714 | $6,287 | 6.70% |
| Georgetown, SC (FHA|USDA|VA) | 5 | $1,015,000 | $203,000 | $7,229 | 6.70% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 6 | $1,000,000 | $166,667 | $8,757 | 6.69% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $10,597 | 6.22% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $14,504 | 7.08% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $10,840 | 6.50% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 4 | $910,000 | $227,500 | $6,412 | 7.31% |
| BRUNSWICK, GA (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $7,246 | 6.94% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $22,854 | 7.75% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $13,779 | 6.31% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $9,242 | 6.96% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $11,021 | 5.84% |
| Gloversville, NY (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $15,164 | 7.63% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $18,130 | 7.37% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $9,488 | 7.54% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $14,238 | 7.38% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $10,867 | 7.38% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $18,214 | 6.25% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $12,796 | 6.38% |
| ROCHESTER, NY (FHA|USDA|VA) | 4 | $580,000 | $145,000 | $8,950 | 5.41% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $11,672 | 6.13% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $11,798 | 6.69% |
| Amsterdam, NY (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $8,761 | 7.66% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $15,262 | 6.94% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $6,377 | 6.08% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $11,534 | 7.99% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $7,487 | 7.31% |
| FLORENCE, SC (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $10,036 | 5.81% |
| GLENS FALLS, NY (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $10,665 | 7.00% |
| BINGHAMTON, NY (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $9,212 | 6.88% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $12,155 | 6.50% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $17,055 | 6.00% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $25,503 | 5.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $8,847 | 7.06% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $8,028 | 6.93% |
| Muskogee, OK (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $7,772 | 6.21% |
| Tahlequah, OK (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $7,893 | 7.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $13,957 | 5.69% |
| Ashtabula, OH (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $8,467 | 6.63% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $11,836 | 7.00% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $14,041 | 6.88% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $7,410 | 7.13% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $8,819 | 6.88% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $15,538 | 7.13% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $16,234 | 7.13% |
| LAWRENCE, KS (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $10,523 | 6.38% |
| Corning, NY (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $11,953 | 7.75% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $15,777 | 5.63% |
| Winfield, KS (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $5,133 | 6.88% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $14,065 | 5.99% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $6,151 | 6.06% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $8,842 | 8.50% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $9,784 | 6.49% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $22,689 | 6.00% |
| UTICA-ROME, NY (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $10,718 | 6.38% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $15,677 | 6.25% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,769 | 5.75% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $10,883 | 6.63% |
| Lake City, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $13,040 | 6.75% |
| Hutchinson, KS (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $6,061 | 6.56% |
| Brownsville, TN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $17,238 | 6.88% |
| FLINT, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,680 | 7.25% |
| Auburn, NY (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $8,055 | 6.49% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $14,798 | 6.63% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $17,536 | 6.75% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $11,758 | 5.49% |
| DOVER, DE (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $11,693 | 6.63% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,206 | 3.99% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 7.49% |
| ENID, OK (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $11,667 | 7.25% |
| DALTON, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,477 | 7.25% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $13,262 | 6.75% |
| AKRON, OH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $10,769 | 6.75% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,925 | 6.25% |
| Deming, NM (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,967 | 7.63% |
| OCALA, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,537 | 5.63% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $11,928 | 6.13% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,431 | 7.99% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,767 | 6.50% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $11,955 | 6.13% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $8,188 | 7.50% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $10,429 | 6.13% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,667 | 7.75% |
| Batavia, NY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $13,768 | 5.63% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $14,744 | 5.75% |
| Malone, NY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,965 | 6.88% |
| Orangeburg, SC (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $3,374 | 2.81% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,929 | 6.88% |
| Miami, OK (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $9,230 | 6.75% |
| McPherson, KS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,034 | 7.88% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,830 | 7.50% |
| READING, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,853 | 6.88% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,920 | 6.38% |
| Bellefontaine, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $9,078 | 7.63% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,987 | 6.63% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,172 | 7.13% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,698 | 6.75% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,517 | 5.75% |
| Moultrie, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,744 | 6.38% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $5,557 | 6.93% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,491 | 5.75% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $9,331 | 5.75% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,954 | 6.38% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,867 | 7.13% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,527 | 6.38% |
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Product Mix
For 2023, Us Mortgage Corporation's most frequently originated type of loan was Conventional, with 916 originations. Their 2nd most popular type was FHA, with 627 originations.
Loan Reason
For 2023, Us Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 1,396 originations. The 2nd most popular reason was Cash Out Refi, with 205 originations.
Loan Duration/Length
For 2023, Us Mortgage Corporation's most frequently cited loan duration was 30 Year, with 1,587 originations. The 2nd most popular length was 15 Year, with 14 originations.
Origination Fees/Closing Costs
Us Mortgage Corporation's average total fees were $11,346, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 810 originations.
Interest Rates
During 2023, Us Mortgage Corporation's average interest rate for loans was 6.76%, while their most frequently originated rate bucket for loans was 6-7%, with 887 originations.
Loan Sizing
2023 saw Us Mortgage Corporation place emphasis on $200k-400k loans with 874 originations, totaling $251,670,000 in origination value.
Applicant Income
Us Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 416 originations. The second most popular income band? $100k-150k, with 405 originations.
Applicant Debt to Income Ratio
Us Mortgage Corporation lent most frequently to those with DTI ratios of 50-60%, with 296 originations. The next most common DTI ratio? 30-36%, with 186 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.15%
Us Mortgage Corporation has an average approval rate.
Pick Rate
Approvals leading to origination70.26%
Us Mortgage Corporation has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,634 | $483,420,000 | $295,851 |