Us Mortgage Corporation Rates, Fees & Info

MELVILLE, NY

LEI: 54930039IUN6515TBG78

Tax ID: 11-3198028

1 stars - out of 5 stars, based on 47 reviews

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

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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 an average 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.) Their top markets by origination volume include: New York, Atlanta, Tulsa, Philadelphia, and Myrtle Beach among others. We have data for 166 markets. (Some data included below & more in-depth data is available with an active subscription.)

Us Mortgage Corporation 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. 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 6.90% 5/28/23
30 Year Conventional Refi 6.63% 5/28/23
30 Year Cash-out Refi 6.80% 5/28/23
30 Year FHA Purchase 7.67% 5/28/23
30 Year FHA Refi 7.58% 5/28/23
30 Year VA Purchase 6.66% 5/28/23
30 Year VA Refi 6.08% 5/28/23
30 Year USDA Purchase 7.05% 5/28/23
30 Year USDA Refi 6.27% 5/28/23
15 Year Conventional Purchase 6.62% 5/28/23
15 Year Conventional Refi 6.16% 5/28/23
15 Year Cash-out Refi 6.16% 5/28/23
15 Year FHA Purchase 5.68% 5/28/23
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

2,180

Origination Dollar Volume (All Markets)

$662,110,000

Relative Rate

Us Mortgage Corporation's average 30 year fixed mortgage rate was 5.14%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.38%.

Relative Fees (Closing Costs)

Us Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $9,870.

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) 395 $176,315,000 $446,367 $14,024 5.03%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 446 $141,230,000 $316,659 $8,970 5.21%
TULSA, OK (FHA|USDA|VA) 247 $51,765,000 $209,575 $8,116 5.22%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 141 $37,095,000 $263,085 $10,226 4.86%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 144 $34,310,000 $238,264 $7,491 4.98%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 38 $17,230,000 $453,421 $13,775 4.77%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 47 $17,115,000 $364,149 $10,824 5.04%
Outside of Metro Areas 61 $12,665,000 $207,623 $7,897 5.28%
WICHITA, KS (FHA|USDA|VA) 58 $10,450,000 $180,172 $6,705 5.34%
GAINESVILLE, GA (FHA|USDA|VA) 31 $9,265,000 $298,871 $8,787 5.00%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 23 $7,765,000 $337,609 $11,648 4.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 19 $5,865,000 $308,684 $13,199 4.98%
PORT ST. LUCIE, FL (FHA|USDA|VA) 17 $5,815,000 $342,059 $10,233 5.13%
Jefferson, GA (FHA|USDA|VA) 17 $5,135,000 $302,059 $9,336 4.88%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 15 $5,015,000 $334,333 $10,420 4.78%
BATON ROUGE, LA (FHA|USDA|VA) 21 $4,305,000 $205,000 $7,219 5.13%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 23 $4,255,000 $185,000 $6,033 5.18%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 13 $3,945,000 $303,462 $11,379 5.32%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 17 $3,405,000 $200,294 $6,970 5.87%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 9 $3,375,000 $375,000 $9,714 6.24%
OKLAHOMA CITY, OK (FHA|USDA|VA) 10 $2,820,000 $282,000 $6,912 5.39%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $2,745,000 $549,000 $6,028 3.55%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $2,560,000 $320,000 $10,174 5.06%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $2,535,000 $362,143 $11,174 5.05%
ASHEVILLE, NC (FHA|USDA|VA) 5 $2,495,000 $499,000 $11,217 4.45%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 8 $2,280,000 $285,000 $7,975 4.52%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $1,995,000 $399,000 $12,042 4.62%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 8 $1,950,000 $243,750 $6,926 5.70%
SALISBURY, MD-DE (FHA|USDA|VA) 7 $1,925,000 $275,000 $12,937 4.70%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $1,910,000 $318,333 $11,558 5.56%
Ashtabula, OH (FHA|USDA|VA) 11 $1,885,000 $171,364 $5,280 5.32%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 6 $1,880,000 $313,333 $8,282 3.75%
COLUMBUS, OH (FHA|USDA|VA) 8 $1,850,000 $231,250 $6,955 5.52%
KANSAS CITY, MO-KS (FHA|USDA|VA) 9 $1,825,000 $202,778 $6,532 5.86%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 8 $1,750,000 $218,750 $8,913 5.39%
Georgetown, SC (FHA|USDA|VA) 7 $1,715,000 $245,000 $5,933 5.25%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 7 $1,615,000 $230,714 $7,065 4.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $1,615,000 $323,000 $9,426 4.47%
Bartlesville, OK (FHA|USDA|VA) 10 $1,610,000 $161,000 $7,942 5.66%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $1,605,000 $229,286 $9,113 5.50%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 6 $1,550,000 $258,333 $10,878 5.89%
Muskogee, OK (FHA|USDA|VA) 8 $1,550,000 $193,750 $6,246 4.53%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $1,505,000 $501,667 $6,986 4.00%
TALLAHASSEE, FL (FHA|USDA|VA) 3 $1,475,000 $491,667 $15,128 4.54%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 5 $1,455,000 $291,000 $9,948 5.25%
RALEIGH-CARY, NC (FHA|USDA|VA) 4 $1,420,000 $355,000 $11,589 5.13%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,405,000 $281,000 $8,747 5.30%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $1,360,000 $340,000 $7,533 5.19%
PITTSBURGH, PA (FHA|USDA|VA) 8 $1,340,000 $167,500 $6,727 4.01%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $1,295,000 $431,667 $8,298 4.21%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $1,215,000 $243,000 $9,442 5.42%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,170,000 $292,500 $5,389 4.78%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 5 $1,155,000 $231,000 $11,127 4.00%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,135,000 $378,333 $8,485 4.62%
EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $1,060,000 $265,000 $12,291 4.91%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,020,000 $255,000 $7,822 5.19%
DAYTON-KETTERING, OH (FHA|USDA|VA) 6 $990,000 $165,000 $6,397 5.98%
READING, PA (FHA|USDA|VA) 5 $975,000 $195,000 $8,225 4.15%
Calhoun, GA (FHA|USDA|VA) 4 $970,000 $242,500 $7,497 5.81%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 3 $965,000 $321,667 $13,905 4.87%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $965,000 $965,000 $13,897 4.75%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $920,000 $460,000 $18,377 4.62%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $905,000 $181,000 $6,863 5.15%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $900,000 $450,000 $16,171 4.75%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3 $895,000 $298,333 $13,458 4.04%
RICHMOND, VA (FHA|USDA|VA) 4 $890,000 $222,500 $7,751 4.47%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $880,000 $220,000 $5,780 4.78%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 4 $820,000 $205,000 $8,914 5.22%
YORK-HANOVER, PA (FHA|USDA|VA) 3 $805,000 $268,333 $8,022 4.13%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 4 $790,000 $197,500 $5,793 5.34%
VISALIA, CA (FHA|USDA|VA) 3 $765,000 $255,000 $13,372 3.96%
WINCHESTER, VA-WV (FHA|USDA|VA) 2 $760,000 $380,000 $14,158 4.56%
AKRON, OH (FHA|USDA|VA) 2 $730,000 $365,000 $6,453 5.37%
GLENS FALLS, NY (FHA|USDA|VA) 3 $725,000 $241,667 $10,264 5.75%
SAVANNAH, GA (FHA|USDA|VA) 2 $700,000 $350,000 $8,609 6.19%
FLORENCE, SC (FHA|USDA|VA) 2 $670,000 $335,000 $13,224 5.56%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $645,000 $645,000 $18,154 4.99%
GREELEY, CO (FHA|USDA|VA) 1 $645,000 $645,000 $15,858 6.13%
Oak Harbor, WA (FHA|USDA|VA) 1 $645,000 $645,000 $9,650 3.99%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $625,000 $208,333 $6,739 4.37%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $615,000 $615,000 $8,351 5.88%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $610,000 $305,000 $10,122 4.50%
DOVER, DE (FHA|USDA|VA) 2 $570,000 $285,000 $9,539 3.75%
Toccoa, GA (FHA|USDA|VA) 2 $570,000 $285,000 $13,960 5.88%
Ellensburg, WA (FHA|USDA|VA) 1 $565,000 $565,000 $4,918 3.99%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $555,000 $185,000 $6,352 6.91%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $555,000 $555,000 $23,686 6.75%
FORT COLLINS, CO (FHA|USDA|VA) 1 $525,000 $525,000 $7,444 4.25%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $525,000 $525,000 $11,712 4.25%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $515,000 $171,667 $4,314 3.54%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $500,000 $250,000 $7,261 4.38%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $490,000 $245,000 $11,475 5.94%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $470,000 $235,000 $6,694 5.19%
Cornelia, GA (FHA|USDA|VA) 2 $470,000 $235,000 $12,668 5.88%
GAINESVILLE, FL (FHA|USDA|VA) 2 $460,000 $230,000 $10,108 4.94%
WARNER ROBINS, GA (FHA|USDA|VA) 3 $455,000 $151,667 $4,505 4.62%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $435,000 $435,000 $4,729 4.38%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $425,000 $425,000 $9,704 5.25%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $425,000 $425,000 $17,147 4.63%
Ukiah, CA (FHA|USDA|VA) 1 $405,000 $405,000 $18,868 6.63%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $405,000 $405,000 $2,890 3.25%
TOPEKA, KS (FHA|USDA|VA) 1 $405,000 $405,000 $17,657 5.13%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $395,000 $395,000 $11,005 5.25%
LaGrange, GA-AL (FHA|USDA|VA) 2 $390,000 $195,000 $7,672 4.69%
ROME, GA (FHA|USDA|VA) 2 $370,000 $185,000 $8,303 4.88%
LANCASTER, PA (FHA|USDA|VA) 2 $370,000 $185,000 $7,516 4.69%
BINGHAMTON, NY (FHA|USDA|VA) 3 $355,000 $118,333 $8,422 4.38%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $355,000 $355,000 $7,786 4.63%
COLUMBIA, SC (FHA|USDA|VA) 1 $355,000 $355,000 $8,040 5.99%
Palatka, FL (FHA|USDA|VA) 1 $355,000 $355,000 $19,823 5.25%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $340,000 $170,000 $9,716 5.81%
KINGSTON, NY (FHA|USDA|VA) 1 $335,000 $335,000 $8,349 3.38%
Yankton, SD (FHA|USDA|VA) 1 $335,000 $335,000 $14,420 5.88%
THE VILLAGES, FL (FHA|USDA|VA) 1 $315,000 $315,000 $5,198 3.75%
OCALA, FL (FHA|USDA|VA) 1 $315,000 $315,000 $9,807 7.63%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $315,000 $315,000 $9,645 5.25%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $305,000 $305,000 $18,147 4.63%
Dyersburg, TN (FHA|USDA|VA) 1 $285,000 $285,000 $14,845 6.13%
Branson, MO (FHA|USDA|VA) 1 $265,000 $265,000 $10,866 5.13%
Morehead City, NC (FHA|USDA|VA) 1 $255,000 $255,000 $6,920 4.25%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $255,000 $255,000 $14,218 5.25%
Wilmington, OH (FHA|USDA|VA) 1 $245,000 $245,000 $11,755 6.25%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $245,000 $245,000 $6,337 7.63%
Torrington, CT (FHA|USDA|VA) 1 $235,000 $235,000 $9,102 6.88%
Altus, OK (FHA|USDA|VA) 1 $235,000 $235,000 $10,821 4.88%
Vidalia, GA (FHA|USDA|VA) 1 $215,000 $215,000 $15,626 6.13%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $215,000 $215,000 $10,642 6.88%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $215,000 $215,000 $4,651 5.00%
Lebanon, NH-VT (FHA|USDA|VA) 1 $205,000 $205,000 $3,341 5.50%
Zanesville, OH (FHA|USDA|VA) 1 $205,000 $205,000 $10,005 7.63%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $205,000 $205,000 $2,923 4.50%
DALTON, GA (FHA|USDA|VA) 1 $195,000 $195,000 $7,570 5.75%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $195,000 $195,000 $4,133 6.13%
TWIN FALLS, ID (FHA|USDA|VA) 1 $195,000 $195,000 $15,444 5.50%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $195,000 $195,000 $13,905 6.13%
McAlester, OK (FHA|USDA|VA) 1 $185,000 $185,000 $10,723 5.50%
Tahlequah, OK (FHA|USDA|VA) 2 $180,000 $90,000 $5,351 5.25%
Auburn, NY (FHA|USDA|VA) 1 $175,000 $175,000 $9,030 3.88%
FORT WAYNE, IN (FHA|USDA|VA) 1 $175,000 $175,000 $2,881 5.25%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $165,000 $165,000 $4,888 6.50%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $165,000 $165,000 $11,328 5.88%
CLEVELAND, TN (FHA|USDA|VA) 1 $165,000 $165,000 $6,734 5.38%
Shawnee, OK (FHA|USDA|VA) 1 $165,000 $165,000 $6,060 4.63%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $155,000 $155,000 $6,231 5.62%
ANN ARBOR, MI (FHA|USDA|VA) 1 $155,000 $155,000 $8,051 7.13%
Norwalk, OH (FHA|USDA|VA) 1 $155,000 $155,000 $6,739 6.88%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $145,000 $145,000 $7,083 4.88%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $145,000 $145,000 $4,457 4.25%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,334 5.88%
Martinsville, VA (FHA|USDA|VA) 1 $145,000 $145,000 $5,222 5.25%
Fort Polk South, LA (FHA|USDA|VA) 1 $145,000 $145,000 $6,466 3.88%
ROANOKE, VA (FHA|USDA|VA) 1 $145,000 $145,000 $2,281 2.13%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $145,000 $145,000 $7,763 6.25%
Summerville, GA (FHA|USDA|VA) 1 $145,000 $145,000 $6,122 5.63%
Seneca Falls, NY (FHA|USDA|VA) 1 $135,000 $135,000 $7,085 6.13%
Albemarle, NC (FHA|USDA|VA) 1 $135,000 $135,000 $6,396 5.13%
ELMIRA, NY (FHA|USDA|VA) 1 $135,000 $135,000 $7,398 3.99%
CHARLESTON, WV (FHA|USDA|VA) 1 $125,000 $125,000 $4,075 5.50%
Sayre, PA (FHA|USDA|VA) 1 $115,000 $115,000 $7,453 3.75%
LAWRENCE, KS (FHA|USDA|VA) 1 $115,000 $115,000 $4,428 5.25%
Lewistown, PA (FHA|USDA|VA) 1 $105,000 $105,000 $2,616 3.49%
Hutchinson, KS (FHA|USDA|VA) 1 $105,000 $105,000 $3,692 7.00%
Arcadia, FL (FHA|USDA|VA) 1 $95,000 $95,000 $6,068 5.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $95,000 $95,000 $4,858 6.13%
Coffeyville, KS (FHA|USDA|VA) 1 $85,000 $85,000 $5,834 5.63%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $75,000 $75,000 $4,082 3.88%
Us Mortgage Corporation's top markets include New York, Atlanta, Tulsa, Philadelphia, and Myrtle Beach among others.

Their top states include:
  • Georgia (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,389 $440,775,000 $317,333 $8,161 5.08%
    FHA 679 $190,205,000 $280,125 $13,098 5.14%
    VA 89 $27,205,000 $305,674 $10,651 5.01%
    USDA 21 $3,595,000 $171,190 $6,577 5.09%
    FHA 2 $330,000 $165,000 $0 5.11%

    For 2022, Us Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,389 originations. Their 2nd most popular type was FHA, with 679 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,750 $538,110,000 $307,491 $9,734 5.23%
    Cash Out Refi 344 $99,200,000 $288,372 $10,340 4.66%
    Refi 86 $24,800,000 $288,372 $8,748 4.12%

    For 2022, Us Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 1,750 originations. The 2nd most popular reason was Cash Out Refi, with 344 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,109 $644,595,000 $305,640 $9,870 5.14%
    15 Year 48 $11,250,000 $234,375 $7,322 3.58%
    20 Year 17 $5,505,000 $323,824 $7,750 4.53%
    Other 5 $745,000 $149,000 $5,529 4.44%
    10 Year 1 $15,000 $15,000 $0 3.00%

    For 2022, Us Mortgage Corporation's most frequently cited loan duration was 30 Year, with 2,109 originations. The 2nd most popular length was 15 Year, with 48 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 816 $324,020,000 $397,083
    $1k-2k 414 $103,810,000 $250,749
    $2k-3k 314 $76,120,000 $242,420
    $3k-4k 284 $68,780,000 $242,183
    $4k-5k 248 $66,830,000 $269,476
    $<1k 98 $21,160,000 $215,918

    Us Mortgage Corporation's average total fees were $9,870, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 816 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 786 $231,260,000 $294,224
    4-5% 497 $152,705,000 $307,254
    3-4% 435 $139,845,000 $321,483
    6-7% 353 $107,215,000 $303,725
    7-8% 65 $19,785,000 $304,385
    2.5-3% 38 $9,880,000 $260,000
    <2.5% 5 $1,135,000 $227,000
    Over 8% 1 $285,000 $285,000

    During 2022, Us Mortgage Corporation's average interest rate for loans was 5.14%, while their most frequently originated rate bucket for loans was 5-6%, with 786 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,104 $316,820,000 $286,975 $9,681 5.10%
    $100k-200k 531 $82,705,000 $155,753 $6,366 5.11%
    $400k-600k 368 $175,390,000 $476,603 $12,987 5.07%
    $600k-1MM 102 $71,590,000 $701,863 $18,746 4.96%
    $100,000 or less 66 $5,340,000 $80,909 $4,599 5.16%
    $1MM+ 9 $10,265,000 $1,140,556 $29,036 5.10%

    2022 saw Us Mortgage Corporation place emphasis on $200k-400k loans with 1,104 originations, totaling $316,820,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 586 $136,590,000 $233,089 $8,534 5.10%
    $100k-150k 487 $170,775,000 $350,667 $10,785 5.10%
    $75k-100k 442 $131,810,000 $298,213 $10,359 5.15%
    $50k or less 290 $45,200,000 $155,862 $6,408 5.03%
    $150k-250k 280 $125,930,000 $449,750 $12,321 5.14%
    $250k+ 92 $50,960,000 $553,913 $12,759 4.81%

    Us Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 586 originations. The second most popular income band? $100k-150k, with 487 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 300 $90,070,000 $300,233 $8,597 5.04%
    50-60% 292 $90,630,000 $310,377 $14,085 5.16%
    20-30% 223 $61,465,000 $275,628 $7,455 4.92%
    49% 169 $59,905,000 $354,467 $11,278 5.23%
    48% 113 $35,295,000 $312,345 $10,637 5.17%
    44% 110 $34,690,000 $315,364 $8,747 5.08%
    43% 107 $32,185,000 $300,794 $8,687 5.17%
    47% 99 $31,605,000 $319,242 $10,247 5.30%
    41% 96 $29,330,000 $305,521 $9,876 5.02%
    45% 90 $28,460,000 $316,222 $9,669 5.13%
    46% 88 $24,850,000 $282,386 $9,504 5.36%
    40% 87 $24,705,000 $283,966 $8,527 5.23%
    42% 81 $26,225,000 $323,765 $9,291 5.02%
    38% 72 $19,820,000 $275,278 $8,104 5.06%
    39% 66 $19,200,000 $290,909 $8,768 4.90%
    37% 63 $18,505,000 $293,730 $9,951 4.87%
    36% 57 $16,095,000 $282,368 $9,248 5.03%
    <20% 56 $15,780,000 $281,786 $6,924 4.73%
    >60% 4 $1,330,000 $332,500 $10,401 5.25%

    Us Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 300 originations. The next most common DTI ratio? 50-60%, with 292 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,802 $538,670,000 $298,929 $9,398 5.07%
    Black 242 $81,230,000 $335,661 $12,633 5.24%
    Asian 71 $26,115,000 $367,817 $11,056 5.09%
    American Indian 55 $12,975,000 $235,909 $8,603 5.36%
    Native Hawaiian or Islander 7 $2,525,000 $360,714 $10,477 5.09%
    Not provided 2 $390,000 $195,000 $6,426 6.44%
    Other Asian 1 $205,000 $205,000 $4,218 5.62%

    Approval Rates

    Total approvals of all applications
    87.13%

    Us Mortgage Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    73.39%

    Us Mortgage Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,180 $662,110,000 $303,720

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,180 $662,110,000 $303,720

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 47 $9,705,000 $206,489 $6,871 4.80%
    40-60% 141 $41,525,000 $294,504 $8,474 4.76%
    60-80% 558 $170,870,000 $306,219 $9,224 5.01%
    80-100% 1,399 $429,685,000 $307,137 $10,168 5.18%
    Over 100% 28 $8,940,000 $319,286 $14,375 4.94%
    Under 20% 5 $845,000 $169,000 $7,689 3.48%