Us Mortgage Corporation Rates, Fees & Info

MELVILLE, NY

LEI: 54930039IUN6515TBG78

Tax ID: 11-3198028

2.9 stars - out of 5 stars, based on 62 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Us Mortgage Corporation is a small mortgage company specializing in Home Purchase and Refi loans. Us Mortgage Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Atlanta, Philadelphia, Tulsa, and Myrtle Beach among others. We have data for 180 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 about average 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 6.85% 10/3/22
    30 Year Conventional Refi 6.54% 10/3/22
    30 Year Cash-out Refi 6.74% 10/3/22
    30 Year FHA Purchase 7.63% 10/3/22
    30 Year FHA Refi 7.29% 10/3/22
    30 Year VA Purchase 6.59% 10/3/22
    30 Year VA Refi 5.89% 10/3/22
    30 Year USDA Purchase 6.93% 10/3/22
    30 Year USDA Refi 6.60% 10/3/22
    15 Year Conventional Purchase 6.71% 10/3/22
    15 Year Conventional Refi 6.35% 10/3/22
    15 Year Cash-out Refi 6.35% 10/3/22
    15 Year FHA Refi 7.34% 10/3/22
    15 Year VA Refi 5.57% 10/3/22
    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.


    Originations

    3,871

    Origination Dollar Volume (All Markets)

    $1,067,935,000

    Relative Rate

    Us Mortgage Corporation's average 30 year fixed mortgage rate was 3.2%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.05%.

    Relative Fees (Closing Costs)

    Us Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $6,752.

    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 $4,750.

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 791 $315,845,000 $399,298 $8,961 3.17%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 757 $200,945,000 $265,449 $5,948 3.18%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 310 $81,520,000 $262,968 $6,854 3.07%
    TULSA, OK (FHA|USDA|VA) 422 $79,830,000 $189,171 $5,529 3.16%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 277 $59,255,000 $213,917 $4,812 3.21%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 126 $46,570,000 $369,603 $6,374 2.96%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 92 $31,220,000 $339,348 $7,672 3.16%
    WICHITA, KS (FHA|USDA|VA) 116 $20,270,000 $174,741 $5,296 3.14%
    Outside of Metro Areas 91 $16,285,000 $178,956 $5,338 3.19%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 61 $16,255,000 $266,475 $6,505 3.12%
    GAINESVILLE, GA (FHA|USDA|VA) 52 $14,040,000 $270,000 $7,890 3.26%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 55 $9,865,000 $179,364 $4,418 3.06%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 12 $6,860,000 $571,667 $8,910 3.22%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 26 $6,410,000 $246,538 $5,645 2.99%
    BATON ROUGE, LA (FHA|USDA|VA) 33 $6,085,000 $184,394 $6,063 3.05%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 25 $6,055,000 $242,200 $6,062 3.13%
    Jefferson, GA (FHA|USDA|VA) 20 $5,790,000 $289,500 $7,739 3.26%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 21 $5,495,000 $261,667 $5,538 3.08%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 14 $5,480,000 $391,429 $11,600 3.20%
    Georgetown, SC (FHA|USDA|VA) 18 $4,830,000 $268,333 $5,295 3.23%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 17 $4,545,000 $267,353 $6,550 3.16%
    COLUMBUS, OH (FHA|USDA|VA) 23 $4,535,000 $197,174 $7,450 3.73%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 20 $4,360,000 $218,000 $6,061 3.27%
    RALEIGH-CARY, NC (FHA|USDA|VA) 13 $4,225,000 $325,000 $6,191 3.30%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 22 $3,280,000 $149,091 $5,618 3.69%
    PITTSBURGH, PA (FHA|USDA|VA) 15 $3,215,000 $214,333 $3,946 2.87%
    OCEAN CITY, NJ (FHA|USDA|VA) 9 $3,105,000 $345,000 $7,435 2.87%
    JACKSONVILLE, FL (FHA|USDA|VA) 9 $2,965,000 $329,444 $5,619 3.03%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 16 $2,850,000 $178,125 $7,088 3.45%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 10 $2,760,000 $276,000 $7,980 3.10%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 7 $2,655,000 $379,286 $10,465 3.18%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 10 $2,590,000 $259,000 $5,549 3.21%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 12 $2,530,000 $210,833 $4,762 3.23%
    SALISBURY, MD-DE (FHA|USDA|VA) 9 $2,345,000 $260,556 $6,410 3.04%
    RICHMOND, VA (FHA|USDA|VA) 9 $2,185,000 $242,778 $3,849 2.79%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 9 $2,145,000 $238,333 $3,445 3.00%
    Bartlesville, OK (FHA|USDA|VA) 15 $2,085,000 $139,000 $5,338 3.19%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 9 $1,945,000 $216,111 $5,286 3.01%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 7 $1,865,000 $266,429 $5,104 2.70%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,855,000 $371,000 $3,761 3.08%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 2 $1,640,000 $820,000 $7,619 3.25%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 8 $1,640,000 $205,000 $6,981 3.22%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $1,610,000 $402,500 $6,797 2.78%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $1,555,000 $222,143 $6,805 2.98%
    Ashtabula, OH (FHA|USDA|VA) 8 $1,480,000 $185,000 $5,986 3.48%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 6 $1,470,000 $245,000 $6,531 3.04%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 8 $1,460,000 $182,500 $3,578 2.75%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 9 $1,435,000 $159,444 $4,420 2.96%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 6 $1,420,000 $236,667 $6,454 3.21%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 8 $1,340,000 $167,500 $6,422 3.81%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 7 $1,335,000 $190,714 $4,206 3.14%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 5 $1,325,000 $265,000 $7,065 3.10%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $1,310,000 $327,500 $4,679 3.25%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 6 $1,300,000 $216,667 $9,452 3.35%
    Sevierville, TN (FHA|USDA|VA) 3 $1,265,000 $421,667 $7,104 3.33%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 7 $1,215,000 $173,571 $4,282 3.21%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $1,100,000 $275,000 $10,355 2.66%
    YORK-HANOVER, PA (FHA|USDA|VA) 5 $1,095,000 $219,000 $4,060 2.70%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $1,070,000 $535,000 $14,002 2.75%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $1,065,000 $355,000 $5,099 2.88%
    FLORENCE, SC (FHA|USDA|VA) 3 $1,035,000 $345,000 $5,540 3.17%
    Stillwater, OK (FHA|USDA|VA) 7 $1,035,000 $147,857 $4,054 3.12%
    WINSTON-SALEM, NC (FHA|USDA|VA) 4 $1,030,000 $257,500 $4,488 3.09%
    WILMINGTON, NC (FHA|USDA|VA) 3 $1,025,000 $341,667 $6,446 3.21%
    Cornelia, GA (FHA|USDA|VA) 4 $1,010,000 $252,500 $5,351 3.28%
    Muskogee, OK (FHA|USDA|VA) 5 $995,000 $199,000 $5,062 3.18%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $945,000 $315,000 $7,843 3.33%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $920,000 $460,000 $18,190 2.38%
    READING, PA (FHA|USDA|VA) 4 $870,000 $217,500 $6,069 2.91%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 3 $815,000 $271,667 $3,559 2.83%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $790,000 $395,000 $12,104 2.69%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $785,000 $261,667 $7,689 3.67%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 3 $785,000 $261,667 $7,539 3.00%
    MONROE, LA (FHA|USDA|VA) 5 $765,000 $153,000 $5,356 3.40%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $740,000 $370,000 $8,431 3.25%
    Lumberton, NC (FHA|USDA|VA) 2 $650,000 $325,000 $4,262 3.13%
    LANCASTER, PA (FHA|USDA|VA) 4 $630,000 $157,500 $3,324 2.84%
    SAVANNAH, GA (FHA|USDA|VA) 2 $630,000 $315,000 $3,881 3.06%
    GREELEY, CO (FHA|USDA|VA) 2 $610,000 $305,000 $3,770 3.25%
    KINGSTON, NY (FHA|USDA|VA) 2 $600,000 $300,000 $7,537 3.69%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $580,000 $290,000 $10,029 3.31%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $570,000 $285,000 $13,741 3.00%
    Calhoun, GA (FHA|USDA|VA) 3 $555,000 $185,000 $5,620 3.13%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $535,000 $535,000 $6,770 3.00%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $515,000 $515,000 $4,935 3.63%
    FAYETTEVILLE, NC (FHA|USDA|VA) 2 $510,000 $255,000 $7,318 3.31%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $490,000 $245,000 $8,544 3.00%
    LaGrange, GA-AL (FHA|USDA|VA) 2 $480,000 $240,000 $3,578 3.06%
    GREEN BAY, WI (FHA|USDA|VA) 2 $470,000 $235,000 $9,390 4.13%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $455,000 $455,000 $3,938 3.25%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $445,000 $445,000 $2,898 2.63%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $445,000 $445,000 $5,249 3.25%
    DALTON, GA (FHA|USDA|VA) 2 $430,000 $215,000 $8,885 3.69%
    WINCHESTER, VA-WV (FHA|USDA|VA) 1 $415,000 $415,000 $7,418 3.49%
    Yankton, SD (FHA|USDA|VA) 1 $405,000 $405,000 $9,853 3.38%
    JACKSONVILLE, NC (FHA|USDA|VA) 2 $400,000 $200,000 $3,895 3.00%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $400,000 $200,000 $7,235 2.50%
    OCALA, FL (FHA|USDA|VA) 2 $400,000 $200,000 $3,975 3.25%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $385,000 $385,000 $7,571 2.63%
    THE VILLAGES, FL (FHA|USDA|VA) 2 $370,000 $185,000 $4,139 3.25%
    ROANOKE, VA (FHA|USDA|VA) 1 $365,000 $365,000 $10,994 3.13%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $365,000 $365,000 $9,225 3.00%
    LINCOLN, NE (FHA|USDA|VA) 2 $360,000 $180,000 $4,948 3.44%
    Albertville, AL (FHA|USDA|VA) 1 $345,000 $345,000 $4,099 3.50%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $345,000 $345,000 $5,769 3.63%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $345,000 $345,000 $5,501 4.88%
    FRESNO, CA (FHA|USDA|VA) 1 $335,000 $335,000 $12,739 3.25%
    COLUMBIA, SC (FHA|USDA|VA) 2 $330,000 $165,000 $3,132 3.00%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $325,000 $325,000 $8,675 3.25%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $325,000 $325,000 $11,949 2.88%
    SPRINGFIELD, IL (FHA|USDA|VA) 1 $325,000 $325,000 $1,937 2.25%
    TOLEDO, OH (FHA|USDA|VA) 2 $320,000 $160,000 $5,480 3.94%
    TALLAHASSEE, FL (FHA|USDA|VA) 2 $320,000 $160,000 $3,053 3.06%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $315,000 $315,000 $5,240 2.88%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $315,000 $315,000 $10,071 3.63%
    IDAHO FALLS, ID (FHA|USDA|VA) 1 $315,000 $315,000 $9,296 2.99%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $315,000 $315,000 $4,788 3.00%
    VALDOSTA, GA (FHA|USDA|VA) 1 $305,000 $305,000 $9,346 3.25%
    BURLINGTON, NC (FHA|USDA|VA) 2 $300,000 $150,000 $7,296 4.13%
    ROME, GA (FHA|USDA|VA) 3 $285,000 $95,000 $4,282 3.21%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $285,000 $285,000 $1,974 2.99%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $280,000 $140,000 $6,541 3.44%
    Cedartown, GA (FHA|USDA|VA) 2 $280,000 $140,000 $3,774 3.44%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $275,000 $275,000 $7,560 4.00%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $275,000 $275,000 $3,230 3.25%
    Toccoa, GA (FHA|USDA|VA) 1 $265,000 $265,000 $10,364 3.25%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $265,000 $265,000 $7,785 3.50%
    STOCKTON, CA (FHA|USDA|VA) 1 $265,000 $265,000 $7,414 3.38%
    Warren, PA (FHA|USDA|VA) 1 $255,000 $255,000 $4,750 2.63%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $255,000 $255,000 $2,879 2.88%
    Washington Court House, OH (FHA|USDA|VA) 2 $250,000 $125,000 $5,118 3.50%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $250,000 $125,000 $3,467 3.19%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $240,000 $120,000 $6,950 3.00%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $235,000 $235,000 $2,578 2.75%
    FLINT, MI (FHA|USDA|VA) 1 $225,000 $225,000 $3,838 2.25%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $225,000 $225,000 $7,790 3.25%
    McPherson, KS (FHA|USDA|VA) 1 $225,000 $225,000 $10,323 2.88%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $225,000 $225,000 $2,588 3.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $225,000 $225,000 $3,026 2.88%
    BINGHAMTON, NY (FHA|USDA|VA) 2 $220,000 $110,000 $5,141 3.25%
    Cullowhee, NC (FHA|USDA|VA) 1 $215,000 $215,000 $2,794 3.50%
    Oxford, MS (FHA|USDA|VA) 1 $215,000 $215,000 $6,241 3.13%
    Wooster, OH (FHA|USDA|VA) 1 $215,000 $215,000 $10,284 4.50%
    STATE COLLEGE, PA (FHA|USDA|VA) 1 $205,000 $205,000 $2,734 2.00%
    Sayre, PA (FHA|USDA|VA) 1 $205,000 $205,000 $3,157 2.25%
    UTICA-ROME, NY (FHA|USDA|VA) 2 $200,000 $100,000 $4,862 3.00%
    Sanford, NC (FHA|USDA|VA) 1 $195,000 $195,000 $5,669 2.63%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $185,000 $185,000 $4,399 3.25%
    DuBois, PA (FHA|USDA|VA) 1 $185,000 $185,000 $6,325 3.00%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $185,000 $185,000 $5,033 3.38%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $185,000 $185,000 $5,350 3.00%
    LEWISTON, ID-WA (FHA|USDA|VA) 1 $185,000 $185,000 $1,633 2.25%
    WILLIAMSPORT, PA (FHA|USDA|VA) 1 $185,000 $185,000 $8,180 3.13%
    Morgan City, LA (FHA|USDA|VA) 1 $185,000 $185,000 $7,024 3.00%
    Bluefield, WV-VA (FHA|USDA|VA) 2 $180,000 $90,000 $4,279 3.44%
    Winfield, KS (FHA|USDA|VA) 2 $180,000 $90,000 $2,885 3.19%
    SAGINAW, MI (FHA|USDA|VA) 1 $175,000 $175,000 $3,337 3.25%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $175,000 $175,000 $5,851 3.38%
    Mount Vernon, OH (FHA|USDA|VA) 1 $175,000 $175,000 $6,743 4.13%
    MANSFIELD, OH (FHA|USDA|VA) 1 $175,000 $175,000 $8,366 3.75%
    Pottsville, PA (FHA|USDA|VA) 1 $175,000 $175,000 $1,990 2.75%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $165,000 $165,000 $5,701 2.88%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $165,000 $165,000 $3,174 3.13%
    MONROE, MI (FHA|USDA|VA) 1 $155,000 $155,000 $5,574 3.13%
    FORT WAYNE, IN (FHA|USDA|VA) 1 $155,000 $155,000 $2,973 3.12%
    BOWLING GREEN, KY (FHA|USDA|VA) 1 $145,000 $145,000 $3,589 3.49%
    AKRON, OH (FHA|USDA|VA) 1 $145,000 $145,000 $2,981 3.63%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $145,000 $145,000 $3,591 3.13%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $145,000 $145,000 $3,837 3.38%
    Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $135,000 $135,000 $5,365 3.63%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,063 3.13%
    Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $125,000 $125,000 $4,991 2.75%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,694 3.25%
    Plattsburgh, NY (FHA|USDA|VA) 1 $115,000 $115,000 $5,462 3.63%
    CHARLESTON, WV (FHA|USDA|VA) 1 $115,000 $115,000 $4,129 2.63%
    Elizabeth City, NC (FHA|USDA|VA) 1 $115,000 $115,000 $5,334 2.75%
    Batavia, NY (FHA|USDA|VA) 1 $105,000 $105,000 $8,731 3.25%
    ELMIRA, NY (FHA|USDA|VA) 1 $75,000 $75,000 $5,593 3.25%
    Coffeyville, KS (FHA|USDA|VA) 1 $65,000 $65,000 $3,408 2.75%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $65,000 $65,000 $2,125 2.50%

    Us Mortgage Corporation's top markets include New York, Atlanta, Philadelphia, Tulsa, and Myrtle Beach among others.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,676 $757,710,000 $283,150 $5,380 3.16%
    FHA 964 $252,000,000 $261,411 $9,797 3.21%
    VA 171 $47,265,000 $276,404 $7,458 2.89%
    USDA 60 $10,960,000 $182,667 $5,727 3.03%

    For 2021, Us Mortgage Corporation's most frequently originated type of loan was Conventional, with 2,676 originations. Their 2nd most popular type was FHA, with 964 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,444 $679,420,000 $277,995 $7,174 3.24%
    Refi 868 $230,690,000 $265,772 $4,996 2.91%
    Cash Out Refi 559 $157,825,000 $282,335 $6,431 3.20%

    For 2021, Us Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 2,444 originations. The 2nd most popular reason was Refi, with 868 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,531 $988,795,000 $280,033 $6,752 3.20%
    15 Year 210 $47,850,000 $227,857 $4,464 2.62%
    20 Year 72 $17,880,000 $248,333 $5,007 2.95%
    Other 40 $10,160,000 $254,000 $6,018 3.04%
    10 Year 18 $3,250,000 $180,556 $4,701 2.59%

    For 2021, Us Mortgage Corporation's most frequently cited loan duration was 30 Year, with 3,531 originations. The 2nd most popular length was 15 Year, with 210 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,924 $496,620,000 $258,119
    $2k-3k 555 $155,365,000 $279,937
    $<1k 513 $97,415,000 $189,893
    $5k+ 405 $175,575,000 $433,519
    $3k-4k 304 $88,810,000 $292,138
    $4k-5k 170 $54,150,000 $318,529

    Us Mortgage Corporation's average total fees were $6,752, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,924 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,279 $635,615,000 $278,901
    2.5-3% 1,272 $351,200,000 $276,101
    <2.5% 224 $60,590,000 $270,491
    4-5% 94 $20,300,000 $215,957
    5-6% 2 $230,000 $115,000

    During 2021, Us Mortgage Corporation's average interest rate for loans was 3.20%, while their most frequently originated rate bucket for loans was 3-4%, with 2,279 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,895 $537,615,000 $283,702 $6,699 3.15%
    $100k-200k 1,127 $172,775,000 $153,305 $4,741 3.17%
    $400k-600k 577 $274,755,000 $476,179 $9,049 3.13%
    $100,000 or less 179 $14,285,000 $79,804 $3,915 3.29%
    $600k-1MM 86 $60,300,000 $701,163 $16,218 3.24%
    $1MM+ 7 $8,205,000 $1,172,143 $15,627 3.27%

    2021 saw Us Mortgage Corporation place emphasis on $200k-400k loans with 1,895 originations, totaling $537,615,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,019 $234,995,000 $230,613 $6,286 3.18%
    $100k-150k 769 $260,795,000 $339,135 $7,312 3.15%
    $75k-100k 736 $214,110,000 $290,910 $7,033 3.17%
    $50k or less 721 $117,555,000 $163,044 $5,357 3.18%
    $150k-250k 435 $168,465,000 $387,276 $7,479 3.14%
    $250k+ 121 $54,445,000 $449,959 $6,899 3.18%

    Us Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 1,019 originations. The second most popular income band? $100k-150k, with 769 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 618 $167,160,000 $270,485 $5,699 3.14%
    20-30% 575 $146,115,000 $254,113 $5,251 3.11%
    50-60% 347 $105,415,000 $303,790 $10,868 3.16%
    44% 215 $60,615,000 $281,930 $6,931 3.24%
    49% 189 $56,575,000 $299,339 $7,125 3.17%
    42% 162 $45,350,000 $279,938 $6,273 3.19%
    <20% 154 $35,750,000 $232,143 $4,857 3.01%
    43% 153 $39,595,000 $258,791 $6,668 3.19%
    47% 149 $46,235,000 $310,302 $7,846 3.21%
    45% 149 $41,695,000 $279,832 $6,815 3.24%
    37% 146 $41,450,000 $283,904 $6,125 3.22%
    39% 145 $38,285,000 $264,034 $6,253 3.21%
    40% 140 $38,950,000 $278,214 $6,291 3.25%
    41% 139 $39,545,000 $284,496 $6,510 3.13%
    48% 133 $38,165,000 $286,955 $7,555 3.23%
    38% 133 $36,405,000 $273,722 $5,964 3.21%
    46% 123 $36,385,000 $295,813 $6,879 3.19%
    36% 111 $30,165,000 $271,757 $5,995 3.14%
    >60% 15 $5,825,000 $388,333 $8,252 3.23%

    Us Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 618 originations. The next most common DTI ratio? 20-30%, with 575 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,205 $873,465,000 $272,532 $6,403 3.16%
    Black 391 $116,995,000 $299,220 $7,884 3.21%
    Asian 157 $52,235,000 $332,707 $7,621 3.09%
    American Indian 103 $20,145,000 $195,583 $5,364 3.14%
    Native Hawaiian or Islander 12 $3,610,000 $300,833 $6,532 3.27%
    Asian Indian 2 $1,270,000 $635,000 $14,457 3.31%
    Not provided 1 $215,000 $215,000 $3,765 3.38%

    Approval Rates

    Total approvals of all applications
    94.77%

    Us Mortgage Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.71%

    Us Mortgage Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,871 $1,067,935,000 $275,881

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,871 $1,067,935,000 $275,881

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 108 $21,480,000 $198,889 $4,796 2.88%
    40-60% 403 $99,895,000 $247,878 $4,649 2.94%
    60-80% 1,085 $317,045,000 $292,207 $5,797 3.20%
    80-100% 2,188 $603,790,000 $275,955 $7,337 3.20%
    Over 100% 38 $12,760,000 $335,789 $13,818 3.12%
    Under 20% 4 $460,000 $115,000 $3,667 3.59%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    US MORTGAGE CORPORATION FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%