United Mortgage Corp. Rates, Fees & Info

MELVILLE, NY

LEI: 5493005ICQ3QGEIWV618

Tax ID: 11-3073502

1 stars - out of 5 stars, based on 77 reviews

2020 Data | 2019 Data | 2018 Data


Overview

United Mortgage Corp. is a small mortgage company specializing in Refi, Cash Out Refi, and Home Purchase loans. United Mortgage Corp. 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 include Nassau County, New York, New Brunswick, Newark, and Dallas among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. United Mortgage Corp. is typically a high fee lendor.


Originations

5,910

Origination Dollar Volume (All Markets)

$1,861,760,000

Awards

UNITED MORTGAGE CORP. FHA Loans bronze UNITED MORTGAGE CORP. 30 Year Conventional Loans silver
Show all (2) awards

Relative Rate

United Mortgage Corp.'s average 30 year fixed rate mortgage of loans were 3.34%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.02%.

Relative Fees

United Mortgage Corp.'s average total fees for a 30 year fixed rate mortgage are $7,977.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
NASSAU COUNTY-SUFFOLK COUNTY, NY (FHA|USDA|VA) 1,397 $542,715,000 $388,486 $9,087 3.23%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 912 $413,650,000 $453,564 $11,089 3.39%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 296 $88,620,000 $299,392 $6,289 3.17%
NEWARK, NJ-PA (FHA|USDA|VA) 255 $85,795,000 $336,451 $8,469 3.31%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 321 $77,685,000 $242,009 $5,464 3.31%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 183 $38,645,000 $211,175 $5,320 3.36%
COLUMBUS, OH (FHA|USDA|VA) 193 $38,305,000 $198,472 $4,182 3.22%
Outside of Metro Areas 170 $33,510,000 $197,118 $5,453 3.34%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 94 $27,940,000 $297,234 $6,252 3.16%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 109 $25,125,000 $230,505 $5,098 3.42%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 82 $24,890,000 $303,537 $5,164 3.27%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 127 $24,555,000 $193,346 $4,166 3.23%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 73 $24,205,000 $331,575 $5,563 3.13%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 96 $22,780,000 $237,292 $6,372 3.17%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 88 $22,690,000 $257,841 $6,244 3.22%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 83 $21,225,000 $255,723 $5,832 3.38%
COLORADO SPRINGS, CO (FHA|USDA|VA) 71 $19,215,000 $270,634 $5,681 3.18%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 64 $16,540,000 $258,438 $5,456 3.26%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 52 $14,090,000 $270,962 $4,791 2.97%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 69 $13,415,000 $194,420 $4,860 3.30%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 37 $11,985,000 $323,919 $5,637 3.14%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 41 $11,915,000 $290,610 $6,303 3.32%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 32 $11,740,000 $366,875 $9,993 3.19%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 43 $11,405,000 $265,233 $7,213 3.37%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 42 $10,930,000 $260,238 $5,615 3.06%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 34 $9,350,000 $275,000 $8,734 3.26%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 36 $8,840,000 $245,556 $5,684 3.07%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 62 $8,730,000 $140,806 $6,326 3.46%
PORT ST. LUCIE, FL (FHA|USDA|VA) 31 $7,635,000 $246,290 $5,525 3.11%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 23 $7,055,000 $306,739 $6,994 3.32%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 24 $7,000,000 $291,667 $5,201 3.19%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 31 $6,845,000 $220,806 $6,230 3.26%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 16 $6,830,000 $426,875 $5,931 3.27%
FORT COLLINS, CO (FHA|USDA|VA) 21 $5,845,000 $278,333 $5,152 3.23%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 18 $4,970,000 $276,111 $5,960 3.23%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 18 $4,690,000 $260,556 $6,710 3.40%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 18 $4,550,000 $252,778 $5,059 3.10%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 19 $4,365,000 $229,737 $5,153 3.14%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 9 $4,245,000 $471,667 $9,442 3.80%
GREELEY, CO (FHA|USDA|VA) 13 $3,915,000 $301,154 $5,246 3.15%
PHILADELPHIA, PA (FHA|USDA|VA) 19 $3,815,000 $200,789 $5,827 3.46%
CAMDEN, NJ (FHA|USDA|VA) 16 $3,770,000 $235,625 $7,556 3.41%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 14 $3,760,000 $268,571 $7,612 3.29%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 12 $3,590,000 $299,167 $5,603 3.03%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 23 $3,545,000 $154,130 $4,627 3.43%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 12 $3,140,000 $261,667 $4,902 3.22%
RALEIGH-CARY, NC (FHA|USDA|VA) 12 $3,050,000 $254,167 $5,630 3.10%
EAST STROUDSBURG, PA (FHA|USDA|VA) 15 $2,805,000 $187,000 $5,764 3.40%
JACKSONVILLE, FL (FHA|USDA|VA) 16 $2,780,000 $173,750 $7,131 3.18%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $2,590,000 $431,667 $12,030 2.98%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 6 $2,340,000 $390,000 $10,332 2.94%
SALEM, OR (FHA|USDA|VA) 12 $2,230,000 $185,833 $7,513 3.48%
PITTSBURGH, PA (FHA|USDA|VA) 12 $2,160,000 $180,000 $5,583 3.07%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 10 $2,060,000 $206,000 $6,854 3.16%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 10 $1,970,000 $197,000 $7,523 3.16%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $1,910,000 $318,333 $7,532 3.10%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 10 $1,890,000 $189,000 $5,615 3.35%
PUNTA GORDA, FL (FHA|USDA|VA) 8 $1,870,000 $233,750 $9,014 3.39%
TALLAHASSEE, FL (FHA|USDA|VA) 9 $1,835,000 $203,889 $4,701 3.00%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 7 $1,785,000 $255,000 $5,351 3.11%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 8 $1,780,000 $222,500 $7,444 2.89%
STOCKTON, CA (FHA|USDA|VA) 7 $1,745,000 $249,286 $4,401 2.93%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 8 $1,740,000 $217,500 $6,081 3.37%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,735,000 $578,333 $9,547 2.92%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 7 $1,705,000 $243,571 $5,860 3.04%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 7 $1,705,000 $243,571 $7,716 3.18%
SHERMAN-DENISON, TX (FHA|USDA|VA) 8 $1,670,000 $208,750 $5,806 3.28%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 7 $1,665,000 $237,857 $5,159 3.43%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,635,000 $327,000 $9,741 3.13%
PUEBLO, CO (FHA|USDA|VA) 9 $1,625,000 $180,556 $5,598 3.19%
OCALA, FL (FHA|USDA|VA) 10 $1,410,000 $141,000 $5,038 3.30%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 4 $1,390,000 $347,500 $5,367 2.88%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 8 $1,390,000 $173,750 $6,335 3.63%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 4 $1,320,000 $330,000 $4,408 3.78%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 2 $1,270,000 $635,000 $8,366 3.38%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $1,210,000 $151,250 $3,905 3.22%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 4 $1,110,000 $277,500 $3,850 3.38%
KINGSTON, NY (FHA|USDA|VA) 4 $1,100,000 $275,000 $6,860 3.53%
WILMINGTON, NC (FHA|USDA|VA) 5 $1,075,000 $215,000 $6,163 3.13%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $1,035,000 $345,000 $6,851 3.79%
RICHMOND, VA (FHA|USDA|VA) 4 $1,030,000 $257,500 $4,303 3.19%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 4 $1,020,000 $255,000 $7,995 3.59%
READING, PA (FHA|USDA|VA) 6 $1,000,000 $166,667 $5,468 3.38%
YUBA CITY, CA (FHA|USDA|VA) 4 $1,000,000 $250,000 $5,927 2.97%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $990,000 $247,500 $3,922 2.88%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 5 $965,000 $193,000 $4,699 3.00%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 2 $940,000 $470,000 $3,525 2.50%
TUCSON, AZ (FHA|USDA|VA) 6 $930,000 $155,000 $6,307 3.21%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $930,000 $232,500 $4,006 2.84%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 5 $905,000 $181,000 $5,956 3.38%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 7 $895,000 $127,857 $6,309 3.59%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 4 $890,000 $222,500 $3,831 3.19%
OKLAHOMA CITY, OK (FHA|USDA|VA) 6 $870,000 $145,000 $8,343 3.54%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $840,000 $420,000 $2,751 2.94%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $810,000 $405,000 $4,815 2.75%
YORK-HANOVER, PA (FHA|USDA|VA) 4 $810,000 $202,500 $7,515 3.47%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 3 $795,000 $265,000 $6,633 3.00%
RENO, NV (FHA|USDA|VA) 2 $790,000 $395,000 $3,545 2.19%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 4 $770,000 $192,500 $5,103 3.41%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $705,000 $235,000 $4,011 3.29%
WICHITA, KS (FHA|USDA|VA) 4 $700,000 $175,000 $4,742 3.31%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $685,000 $228,333 $5,831 3.04%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $680,000 $340,000 $7,915 3.25%
JACKSONVILLE, NC (FHA|USDA|VA) 4 $680,000 $170,000 $4,438 3.53%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $670,000 $167,500 $5,836 3.19%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $670,000 $335,000 $8,109 2.50%
LONGVIEW, WA (FHA|USDA|VA) 2 $650,000 $325,000 $4,834 2.88%
UTICA-ROME, NY (FHA|USDA|VA) 3 $625,000 $208,333 $7,793 3.63%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 2 $620,000 $310,000 $6,319 3.13%
MONTGOMERY, AL (FHA|USDA|VA) 2 $620,000 $310,000 $4,175 2.56%
ASHEVILLE, NC (FHA|USDA|VA) 2 $620,000 $310,000 $4,273 2.81%
OCEAN CITY, NJ (FHA|USDA|VA) 3 $615,000 $205,000 $4,026 3.42%
LANCASTER, PA (FHA|USDA|VA) 2 $600,000 $300,000 $6,276 2.94%
VISALIA, CA (FHA|USDA|VA) 2 $570,000 $285,000 $4,250 3.19%
GETTYSBURG, PA (FHA|USDA|VA) 3 $565,000 $188,333 $6,220 3.33%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $545,000 $109,000 $4,767 3.48%
ELGIN, IL (FHA|USDA|VA) 2 $540,000 $270,000 $3,537 2.50%
CHICO, CA (FHA|USDA|VA) 3 $535,000 $178,333 $5,404 3.17%
GAINESVILLE, FL (FHA|USDA|VA) 2 $510,000 $255,000 $3,967 2.94%
PANAMA CITY, FL (FHA|USDA|VA) 2 $500,000 $250,000 $4,832 3.88%
MODESTO, CA (FHA|USDA|VA) 2 $480,000 $240,000 $9,616 2.81%
KNOXVILLE, TN (FHA|USDA|VA) 2 $470,000 $235,000 $3,791 2.88%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 2 $470,000 $235,000 $4,677 2.81%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $460,000 $230,000 $4,980 3.50%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $425,000 $425,000 $4,911 2.88%
LEBANON, PA (FHA|USDA|VA) 2 $410,000 $205,000 $7,365 3.94%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $410,000 $205,000 $3,597 2.81%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $370,000 $185,000 $3,700 3.13%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $370,000 $185,000 $3,902 3.50%
SALINAS, CA (FHA|USDA|VA) 1 $355,000 $355,000 $5,189 2.75%
MADERA, CA (FHA|USDA|VA) 1 $345,000 $345,000 $2,694 2.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $345,000 $115,000 $5,133 3.58%
GLENS FALLS, NY (FHA|USDA|VA) 2 $340,000 $170,000 $6,535 3.38%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $330,000 $165,000 $8,692 4.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $325,000 $325,000 $15,527 4.38%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $325,000 $325,000 $16,629 2.75%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $320,000 $160,000 $3,397 3.25%
MEDFORD, OR (FHA|USDA|VA) 1 $315,000 $315,000 $5,144 3.00%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $315,000 $315,000 $4,580 2.88%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $315,000 $315,000 $3,471 2.63%
MUNCIE, IN (FHA|USDA|VA) 2 $310,000 $155,000 $2,957 3.25%
BEND, OR (FHA|USDA|VA) 1 $305,000 $305,000 $3,749 3.13%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $305,000 $305,000 $10,086 3.63%
REDDING, CA (FHA|USDA|VA) 1 $305,000 $305,000 $10,930 3.25%
ROCHESTER, NY (FHA|USDA|VA) 2 $300,000 $150,000 $9,656 3.00%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $295,000 $295,000 $10,646 3.13%
MOBILE, AL (FHA|USDA|VA) 1 $295,000 $295,000 $15,602 3.75%
WILLIAMSPORT, PA (FHA|USDA|VA) 2 $290,000 $145,000 $4,768 3.06%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $290,000 $145,000 $2,572 2.50%
VALLEJO, CA (FHA|USDA|VA) 1 $285,000 $285,000 $2,934 3.00%
ANN ARBOR, MI (FHA|USDA|VA) 1 $285,000 $285,000 $2,949 3.38%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $280,000 $140,000 $4,274 3.19%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $275,000 $275,000 $3,633 2.75%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $270,000 $135,000 $3,643 3.31%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $270,000 $135,000 $3,246 3.44%
COLUMBUS, IN (FHA|USDA|VA) 1 $265,000 $265,000 $5,070 3.00%
MANSFIELD, OH (FHA|USDA|VA) 1 $255,000 $255,000 $3,095 2.75%
TYLER, TX (FHA|USDA|VA) 1 $245,000 $245,000 $8,126 3.25%
LAWTON, OK (FHA|USDA|VA) 1 $245,000 $245,000 $9,874 3.25%
FRESNO, CA (FHA|USDA|VA) 1 $245,000 $245,000 $4,351 3.99%
MIDLAND, TX (FHA|USDA|VA) 1 $245,000 $245,000 $5,076 2.88%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $235,000 $235,000 $5,703 3.75%
DOVER, DE (FHA|USDA|VA) 1 $235,000 $235,000 $4,192 3.00%
YAKIMA, WA (FHA|USDA|VA) 1 $235,000 $235,000 $4,443 3.63%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $225,000 $225,000 $4,673 2.88%
FLINT, MI (FHA|USDA|VA) 2 $220,000 $110,000 $5,211 4.44%
MORRISTOWN, TN (FHA|USDA|VA) 2 $220,000 $110,000 $4,153 4.50%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $215,000 $215,000 $6,832 2.63%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $215,000 $215,000 $4,178 2.25%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $215,000 $215,000 $3,265 3.38%
BATTLE CREEK, MI (FHA|USDA|VA) 2 $210,000 $105,000 $8,534 4.19%
LAS CRUCES, NM (FHA|USDA|VA) 1 $205,000 $205,000 $2,577 2.38%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $205,000 $205,000 $5,109 3.00%
BINGHAMTON, NY (FHA|USDA|VA) 2 $200,000 $100,000 $6,784 3.13%
BOULDER, CO (FHA|USDA|VA) 1 $195,000 $195,000 $3,254 3.00%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $185,000 $185,000 $3,195 3.13%
TULSA, OK (FHA|USDA|VA) 1 $185,000 $185,000 $6,313 3.63%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $185,000 $185,000 $5,385 3.38%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $175,000 $175,000 $3,136 2.88%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $175,000 $175,000 $3,195 3.00%
ELMIRA, NY (FHA|USDA|VA) 1 $155,000 $155,000 $7,092 4.00%
LONGVIEW, TX (FHA|USDA|VA) 1 $155,000 $155,000 $6,131 3.50%
SYRACUSE, NY (FHA|USDA|VA) 1 $155,000 $155,000 $6,420 2.25%
MERCED, CA (FHA|USDA|VA) 1 $155,000 $155,000 $2,809 2.88%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 1 $155,000 $155,000 $6,437 2.88%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $145,000 $145,000 $4,660 3.75%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $135,000 $135,000 $8,761 3.75%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $135,000 $135,000 $5,936 3.38%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $135,000 $135,000 $4,859 3.75%
MUSKEGON, MI (FHA|USDA|VA) 1 $135,000 $135,000 $5,876 3.50%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $125,000 $125,000 $3,843 2.88%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $125,000 $125,000 $5,660 3.75%
GRANTS PASS, OR (FHA|USDA|VA) 1 $125,000 $125,000 $6,146 2.63%
RACINE, WI (FHA|USDA|VA) 1 $125,000 $125,000 $2,615 3.50%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $115,000 $115,000 $4,851 3.63%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $115,000 $115,000 $9,728 3.25%
BAY CITY, MI (FHA|USDA|VA) 1 $115,000 $115,000 $5,179 3.75%
JACKSON, MI (FHA|USDA|VA) 1 $105,000 $105,000 $4,288 4.75%
TOLEDO, OH (FHA|USDA|VA) 1 $105,000 $105,000 $2,840 3.63%
GARY, IN (FHA|USDA|VA) 1 $105,000 $105,000 $2,589 3.63%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $105,000 $105,000 $4,655 5.13%
EL PASO, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,425 3.50%
WACO, TX (FHA|USDA|VA) 1 $95,000 $95,000 $3,236 3.25%
KANKAKEE, IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,410 3.38%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 1 $95,000 $95,000 $4,023 3.38%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $95,000 $95,000 $4,816 3.63%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $95,000 $95,000 $7,939 3.63%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $95,000 $95,000 $4,720 3.63%
ROANOKE, VA (FHA|USDA|VA) 1 $95,000 $95,000 $7,704 3.75%
JACKSON, TN (FHA|USDA|VA) 1 $85,000 $85,000 $6,457 3.38%
GOLDSBORO, NC (FHA|USDA|VA) 1 $85,000 $85,000 $6,156 3.75%
ROCKFORD, IL (FHA|USDA|VA) 1 $75,000 $75,000 $3,831 3.63%

United Mortgage Corp.'s top markets include Nassau County, New York, New Brunswick, Newark, and Dallas among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 4,544 $1,423,690,000 $313,312 $6,200 3.26%
FHA 1,031 $353,125,000 $342,507 $12,979 3.33%
VA 327 $83,155,000 $254,297 $7,650 3.21%
USDA 8 $1,790,000 $223,750 $6,437 3.17%

For the 2020 period, United Mortgage Corp.'s most frequently originated loan type of loans were Conventional, with 4,544 originations. Their 2nd most popular type is FHA, with 1,031 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 2,096 $652,610,000 $311,360 $6,018 3.06%
Cash Out Refi 2,012 $565,630,000 $281,128 $6,798 3.42%
Home Purchase 1,801 $643,205,000 $357,138 $9,844 3.35%
Other 1 $315,000 $315,000 $0 4.43%

For the 2020, United Mortgage Corp.'s most frequently cited loan purpose of loans were Refi, with 2,096 originations. The 2nd most popular reason of loans were Cash Out Refi, with 2,012 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 4,754 $1,563,790,000 $328,942 $7,977 3.34%
15 Year 592 $143,690,000 $242,720 $5,012 2.85%
20 Year 306 $78,620,000 $256,928 $5,355 3.12%
Other 232 $69,780,000 $300,776 $5,996 3.21%
10 Year 26 $5,880,000 $226,154 $4,255 2.73%

For the 2020, United Mortgage Corp.'s most frequently cited loan length of loans were 30 Year, with 4,754 originations. The 2nd most popular length of loans were 15 Year, with 592 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 2,554 $786,900,000 $308,105
$3k-4k 1,146 $321,320,000 $280,384
$5k+ 1,029 $464,835,000 $451,735
$2k-3k 918 $206,310,000 $224,739
$<1k 252 $79,930,000 $317,183

$7,977 of loans were United Mortgage Corp.'s average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,554 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 2,874 $894,650,000 $311,291
2.5-3% 2,141 $684,725,000 $319,816
4-5% 486 $151,550,000 $311,831
<2.5% 379 $120,005,000 $316,636
5-6% 22 $8,080,000 $367,273
6-7% 3 $1,415,000 $471,667
7-8% 3 $725,000 $241,667
Over 8% 2 $610,000 $305,000

During 2020, United Mortgage Corp.'s average interest rate of loans were 3.34%, while their most frequently originated rate bucket of loans were 3-4%, with 2,874 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,910 $855,220,000 $293,890 $6,820 3.22%
$400k-600k 1,287 $605,065,000 $470,136 $9,932 3.24%
$100k-200k 1,283 $199,075,000 $155,164 $4,895 3.35%
$600k-1MM 270 $185,740,000 $687,926 $16,195 3.37%
$100,000 or less 157 $13,405,000 $85,382 $4,267 3.56%
$1MM+ 3 $3,255,000 $1,085,000 $25,682 4.54%

2020 saw United Mortgage Corp. place emphasis on $200k-400k loans with 2,910 originations, totaling $855,220,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 1,723 $606,615,000 $352,069 $8,161 3.26%
$75k-100k 1,219 $368,625,000 $302,400 $7,751 3.27%
$50k-75k 1,062 $242,370,000 $228,220 $6,571 3.35%
$150k-250k 979 $380,615,000 $388,779 $7,658 3.20%
$50k or less 657 $140,645,000 $214,072 $6,007 3.29%
$250k+ 262 $120,550,000 $460,115 $7,795 3.27%

United Mortgage Corp. lent most frequently to those with incomes in the $100k-150k range, with 1,723 originations. The second most popular income band? $75k-100k, with 1,219 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,109 $308,525,000 $278,201 $5,882 3.20%
30-36% 990 $294,010,000 $296,980 $6,542 3.25%
<20% 555 $163,495,000 $294,586 $5,884 3.09%
50-60% 359 $129,415,000 $360,487 $13,558 3.30%
44% 264 $90,120,000 $341,364 $8,105 3.39%
43% 244 $79,830,000 $327,172 $7,632 3.36%
42% 235 $77,935,000 $331,638 $7,568 3.38%
41% 227 $72,345,000 $318,700 $7,505 3.32%
40% 218 $67,960,000 $311,743 $6,807 3.31%
39% 212 $71,860,000 $338,962 $7,748 3.34%
37% 209 $61,375,000 $293,660 $6,728 3.26%
49% 207 $73,215,000 $353,696 $9,262 3.38%
45% 203 $75,655,000 $372,685 $9,196 3.36%
38% 183 $58,255,000 $318,333 $6,887 3.31%
36% 176 $57,470,000 $326,534 $6,847 3.21%
48% 172 $59,590,000 $346,453 $9,175 3.40%
46% 170 $60,270,000 $354,529 $8,795 3.33%
47% 161 $55,795,000 $346,553 $8,945 3.34%
>60% 5 $2,175,000 $435,000 $9,047 3.55%

United Mortgage Corp. lent most frequently to those with DTI ratios of 20-30%, with 1,109 originations. The next most common DTI ratio? 30-36%, with 990 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,367 $1,351,665,000 $309,518 $7,156 3.27%
Not provided 789 $225,245,000 $285,482 $6,536 3.22%
Black 537 $197,595,000 $367,961 $10,729 3.35%
Asian 158 $62,580,000 $396,076 $8,400 3.27%
Asian Indian 24 $11,130,000 $463,750 $9,954 3.12%
American Indian 19 $7,775,000 $409,211 $9,131 3.26%
Native Hawaiian 6 $2,270,000 $378,333 $8,907 3.56%
Other Pacific Islander 4 $1,700,000 $425,000 $9,272 3.47%
Filipino 3 $1,235,000 $411,667 $9,103 2.83%
Other Asian 1 $225,000 $225,000 $9,610 3.88%
1 $225,000 $225,000 $8,625 2.88%
Guamanian 1 $115,000 $115,000 $3,795 2.88%

Approval Rates

Total approvals of all applications
96.71%

United Mortgage Corp. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
54.85%

United Mortgage Corp. 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
13585.0 1 $575,000 $575,000
2624.0 1 $365,000 $365,000
NA 5,908 $1,860,820,000 $314,966

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 41 $7,125,000 $173,780
Single Family (1-4 Units):Site-Built 5,869 $1,854,635,000 $316,005

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 176 $42,760,000 $242,955 $5,302 3.05%
40-60% 848 $233,390,000 $275,224 $5,824 3.12%
60-80% 2,551 $794,485,000 $311,441 $6,441 3.30%
80-100% 2,304 $780,020,000 $338,550 $9,230 3.31%
Over 100% 24 $9,920,000 $413,333 $17,944 3.29%
Under 20% 7 $1,185,000 $169,286 $4,589 3.53%