United Mortgage Corp. Rates, Fees & Info

MELVILLE, NY

LEI: 5493005ICQ3QGEIWV618

Tax ID: 11-3073502

1 stars - out of 5 stars, based on 76 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    United Mortgage Corp. is a small mortgage company specializing in Home Purchase, Cash Out Refi, and Refi 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 by origination volume include: New York, Dallas, Miami, Columbus, and Seattle among others. We have data for 234 markets. (Some data included below & more in-depth data is available with an active subscription.)

    United Mortgage Corp. 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. United Mortgage Corp. is typically a high fee lender. 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 in 2021-- chances are they are still one in 2022.

    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 5.75% 8/6/22
    30 Year Conventional Refi 5.54% 8/6/22
    30 Year Cash-out Refi 5.81% 8/6/22
    30 Year FHA Purchase 6.47% 8/6/22
    30 Year FHA Refi 6.14% 8/6/22
    30 Year VA Purchase 5.53% 8/6/22
    30 Year VA Refi 4.97% 8/6/22
    30 Year USDA Purchase 6.08% 8/6/22
    30 Year USDA Refi 5.97% 8/6/22
    15 Year Conventional Purchase 4.54% 8/6/22
    15 Year Conventional Refi 4.66% 8/6/22
    15 Year Cash-out Refi 4.66% 8/6/22
    15 Year FHA Refi 5.66% 8/6/22
    15 Year VA Refi 4.65% 8/6/22
    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

    5,838

    Origination Dollar Volume (All Markets)

    $1,945,220,000

    Awards

    UNITED MORTGAGE CORP. FHA Loans bronze UNITED MORTGAGE CORP. FHA Loans bronze
    Show all (2) awards

    Relative Rate

    United Mortgage Corp.'s average 30 year fixed rate mortgage of loans were 3.21%.

    The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

    This yields a difference of 0.06%.

    Relative Fees

    United Mortgage Corp.'s average total fees for a 30 year fixed rate mortgage are $10,103.

    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 $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) » 2,887 $1,214,265,000 $420,598 $12,952 3.13%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) » 460 $106,380,000 $231,261 $5,620 3.12%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) » 158 $49,170,000 $311,203 $6,566 3.17%
    COLUMBUS, OH (FHA|USDA|VA) » 219 $44,045,000 $201,119 $4,830 3.13%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) » 101 $31,465,000 $311,535 $6,342 3.09%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) » 103 $31,225,000 $303,155 $4,885 3.10%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) » 104 $25,930,000 $249,327 $5,079 3.16%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) » 76 $22,990,000 $302,500 $7,019 3.14%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) » 125 $21,555,000 $172,440 $4,383 3.13%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) » 85 $20,305,000 $238,882 $5,995 3.08%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) » 80 $18,560,000 $232,000 $5,489 3.13%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) » 68 $18,540,000 $272,647 $6,310 3.14%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) » 108 $17,280,000 $160,000 $7,109 3.43%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) » 53 $16,445,000 $310,283 $8,194 3.28%
    COLORADO SPRINGS, CO (FHA|USDA|VA) » 54 $15,050,000 $278,704 $5,841 3.15%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) » 45 $12,305,000 $273,444 $6,058 3.00%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) » 36 $12,230,000 $339,722 $8,459 3.31%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) » 39 $11,305,000 $289,872 $5,657 3.00%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) » 31 $9,755,000 $314,677 $5,778 3.04%
    Outside of Metro Areas 45 $9,715,000 $215,889 $5,488 3.22%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) » 28 $8,670,000 $309,643 $6,697 3.15%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) » 46 $8,650,000 $188,043 $4,658 3.12%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) » 31 $7,985,000 $257,581 $8,338 3.13%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) » 25 $7,015,000 $280,600 $6,320 3.09%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) » 28 $6,210,000 $221,786 $4,490 3.33%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) » 18 $5,990,000 $332,778 $6,134 3.03%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) » 23 $5,705,000 $248,043 $6,332 3.29%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) » 24 $5,620,000 $234,167 $4,811 3.16%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) » 23 $5,575,000 $242,391 $6,404 3.15%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) » 21 $5,315,000 $253,095 $5,281 2.95%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) » 19 $5,115,000 $269,211 $6,255 3.32%
    GREELEY, CO (FHA|USDA|VA) » 16 $4,340,000 $271,250 $4,731 3.00%
    RALEIGH-CARY, NC (FHA|USDA|VA) » 15 $4,275,000 $285,000 $7,975 3.52%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) » 12 $4,150,000 $345,833 $6,132 3.05%
    PITTSBURGH, PA (FHA|USDA|VA) » 21 $3,845,000 $183,095 $5,870 3.11%
    PORT ST. LUCIE, FL (FHA|USDA|VA) » 15 $3,805,000 $253,667 $7,191 3.19%
    EAST STROUDSBURG, PA (FHA|USDA|VA) » 14 $3,540,000 $252,857 $8,336 3.22%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) » 9 $3,185,000 $353,889 $6,665 3.08%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) » 12 $3,080,000 $256,667 $6,394 2.91%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) » 7 $3,005,000 $429,286 $5,343 2.98%
    FORT COLLINS, CO (FHA|USDA|VA) » 10 $3,000,000 $300,000 $7,033 3.08%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) » 9 $2,695,000 $299,444 $6,498 3.25%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) » 8 $2,480,000 $310,000 $5,593 2.88%
    Torrington, CT (FHA|USDA|VA) » 10 $2,280,000 $228,000 $6,140 3.45%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) » 10 $2,270,000 $227,000 $6,269 3.14%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) » 7 $2,245,000 $320,714 $5,674 3.02%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) » 11 $2,225,000 $202,273 $6,528 3.62%
    TALLAHASSEE, FL (FHA|USDA|VA) » 10 $2,210,000 $221,000 $6,620 2.99%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) » 11 $2,085,000 $189,545 $4,791 3.25%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) » 8 $2,060,000 $257,500 $5,468 3.22%
    SALEM, OR (FHA|USDA|VA) » 8 $2,020,000 $252,500 $6,575 3.03%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) » 7 $2,015,000 $287,857 $6,067 3.23%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) » 7 $1,995,000 $285,000 $5,093 2.88%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) » 5 $1,965,000 $393,000 $4,723 2.90%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) » 7 $1,845,000 $263,571 $5,590 3.02%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) » 11 $1,795,000 $163,182 $5,428 3.43%
    READING, PA (FHA|USDA|VA) » 8 $1,790,000 $223,750 $5,950 3.06%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) » 11 $1,715,000 $155,909 $4,121 3.32%
    OCEAN CITY, NJ (FHA|USDA|VA) » 5 $1,685,000 $337,000 $4,157 3.08%
    JACKSONVILLE, FL (FHA|USDA|VA) » 5 $1,675,000 $335,000 $7,565 3.28%
    VALLEJO, CA (FHA|USDA|VA) » 5 $1,655,000 $331,000 $5,022 3.33%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) » 5 $1,495,000 $299,000 $4,548 3.23%
    PANAMA CITY, FL (FHA|USDA|VA) » 5 $1,475,000 $295,000 $7,716 3.20%
    SHERMAN-DENISON, TX (FHA|USDA|VA) » 6 $1,450,000 $241,667 $5,989 3.40%
    Corsicana, TX (FHA|USDA|VA) » 4 $1,420,000 $355,000 $6,738 3.25%
    SYRACUSE, NY (FHA|USDA|VA) » 8 $1,350,000 $168,750 $7,352 3.14%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) » 6 $1,310,000 $218,333 $6,288 3.15%
    WINSTON-SALEM, NC (FHA|USDA|VA) » 6 $1,300,000 $216,667 $4,735 2.71%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) » 3 $1,285,000 $428,333 $11,110 3.29%
    Shelton, WA (FHA|USDA|VA) » 5 $1,285,000 $257,000 $5,959 3.05%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) » 4 $1,280,000 $320,000 $3,698 3.06%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) » 3 $1,225,000 $408,333 $3,851 3.13%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) » 4 $1,170,000 $292,500 $6,211 3.31%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) » 5 $1,135,000 $227,000 $5,376 2.83%
    Kerrville, TX (FHA|USDA|VA) » 3 $1,105,000 $368,333 $6,902 2.75%
    BINGHAMTON, NY (FHA|USDA|VA) » 5 $1,105,000 $221,000 $7,283 3.08%
    Granbury, TX (FHA|USDA|VA) » 5 $1,045,000 $209,000 $6,328 3.40%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) » 3 $1,025,000 $341,667 $8,540 3.00%
    KINGSTON, NY (FHA|USDA|VA) » 4 $1,020,000 $255,000 $7,855 3.09%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) » 4 $1,000,000 $250,000 $3,958 3.28%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) » 3 $995,000 $331,667 $7,155 3.17%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) » 5 $995,000 $199,000 $4,142 2.85%
    BOWLING GREEN, KY (FHA|USDA|VA) » 5 $985,000 $197,000 $5,621 3.40%
    Pottsville, PA (FHA|USDA|VA) » 5 $965,000 $193,000 $7,761 3.50%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) » 3 $955,000 $318,333 $8,007 2.71%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) » 4 $940,000 $235,000 $5,501 2.97%
    SPARTANBURG, SC (FHA|USDA|VA) » 4 $940,000 $235,000 $4,799 3.13%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) » 1 $935,000 $935,000 $25,875 3.63%
    Athens, TX (FHA|USDA|VA) » 4 $920,000 $230,000 $5,830 3.53%
    BELLINGHAM, WA (FHA|USDA|VA) » 3 $915,000 $305,000 $11,400 3.00%
    Zanesville, OH (FHA|USDA|VA) » 5 $895,000 $179,000 $3,854 2.95%
    TUCSON, AZ (FHA|USDA|VA) » 3 $875,000 $291,667 $4,085 3.29%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) » 4 $870,000 $217,500 $7,708 3.31%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) » 3 $855,000 $285,000 $5,701 3.33%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) » 5 $855,000 $171,000 $4,156 2.68%
    DAYTON-KETTERING, OH (FHA|USDA|VA) » 5 $845,000 $169,000 $4,141 3.18%
    Shelbyville, TN (FHA|USDA|VA) » 4 $830,000 $207,500 $5,269 3.16%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) » 3 $825,000 $275,000 $7,174 3.50%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) » 4 $810,000 $202,500 $4,534 3.25%
    Port Angeles, WA (FHA|USDA|VA) » 3 $805,000 $268,333 $5,721 3.00%
    BILLINGS, MT (FHA|USDA|VA) » 3 $755,000 $251,667 $6,160 3.29%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) » 4 $750,000 $187,500 $4,420 3.03%
    ROCHESTER, NY (FHA|USDA|VA) » 5 $745,000 $149,000 $7,578 3.68%
    MORRISTOWN, TN (FHA|USDA|VA) » 3 $745,000 $248,333 $7,626 3.17%
    WICHITA, KS (FHA|USDA|VA) » 5 $745,000 $149,000 $3,630 3.03%
    Mount Vernon, OH (FHA|USDA|VA) » 4 $730,000 $182,500 $4,861 3.16%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) » 3 $715,000 $238,333 $7,832 2.79%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) » 3 $705,000 $235,000 $4,655 3.08%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) » 2 $700,000 $350,000 $5,065 2.44%
    YORK-HANOVER, PA (FHA|USDA|VA) » 5 $685,000 $137,000 $5,268 3.25%
    UTICA-ROME, NY (FHA|USDA|VA) » 4 $660,000 $165,000 $7,502 3.50%
    COLUMBIA, SC (FHA|USDA|VA) » 3 $655,000 $218,333 $5,269 3.46%
    LANCASTER, PA (FHA|USDA|VA) » 3 $645,000 $215,000 $7,048 3.42%
    KNOXVILLE, TN (FHA|USDA|VA) » 2 $640,000 $320,000 $5,403 3.31%
    Seneca, SC (FHA|USDA|VA) » 2 $630,000 $315,000 $3,888 2.69%
    RENO, NV (FHA|USDA|VA) » 2 $610,000 $305,000 $5,065 2.81%
    FRESNO, CA (FHA|USDA|VA) » 3 $605,000 $201,667 $5,283 3.21%
    PUNTA GORDA, FL (FHA|USDA|VA) » 2 $590,000 $295,000 $5,990 3.81%
    EL PASO, TX (FHA|USDA|VA) » 2 $560,000 $280,000 $7,116 2.56%
    Gardnerville Ranchos, NV (FHA|USDA|VA) » 1 $545,000 $545,000 $8,925 3.00%
    Pahrump, NV (FHA|USDA|VA) » 3 $535,000 $178,333 $5,262 3.58%
    LEBANON, PA (FHA|USDA|VA) » 3 $535,000 $178,333 $5,537 3.46%
    Marion, OH (FHA|USDA|VA) » 3 $525,000 $175,000 $3,453 3.38%
    North Wilkesboro, NC (FHA|USDA|VA) » 2 $510,000 $255,000 $3,928 2.81%
    TULSA, OK (FHA|USDA|VA) » 2 $510,000 $255,000 $10,882 3.25%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) » 3 $505,000 $168,333 $3,935 3.50%
    Stephenville, TX (FHA|USDA|VA) » 2 $500,000 $250,000 $5,877 3.50%
    RICHMOND, VA (FHA|USDA|VA) » 2 $490,000 $245,000 $7,062 2.87%
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) » 2 $490,000 $245,000 $9,475 3.31%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) » 1 $485,000 $485,000 $5,994 3.38%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) » 2 $480,000 $240,000 $5,417 2.69%
    RACINE, WI (FHA|USDA|VA) » 1 $475,000 $475,000 $17,535 2.63%
    AKRON, OH (FHA|USDA|VA) » 2 $460,000 $230,000 $3,192 2.44%
    Gainesville, TX (FHA|USDA|VA) » 2 $450,000 $225,000 $4,634 2.94%
    Holland, MI (FHA|USDA|VA) » 2 $440,000 $220,000 $4,833 2.88%
    GRAND JUNCTION, CO (FHA|USDA|VA) » 2 $440,000 $220,000 $3,465 3.31%
    MUSKEGON, MI (FHA|USDA|VA) » 3 $435,000 $145,000 $3,868 3.50%
    OCALA, FL (FHA|USDA|VA) » 2 $420,000 $210,000 $5,034 3.56%
    WAUSAU-WESTON, WI (FHA|USDA|VA) » 2 $420,000 $210,000 $5,831 3.06%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) » 3 $415,000 $138,333 $7,903 4.00%
    ROANOKE, VA (FHA|USDA|VA) » 1 $415,000 $415,000 $4,495 3.38%
    BURLINGTON, NC (FHA|USDA|VA) » 2 $410,000 $205,000 $6,309 2.81%
    Brainerd, MN (FHA|USDA|VA) » 1 $405,000 $405,000 $6,166 2.50%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) » 3 $405,000 $135,000 $3,052 2.92%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) » 2 $400,000 $200,000 $3,878 3.19%
    Findlay, OH (FHA|USDA|VA) » 1 $395,000 $395,000 $4,610 3.00%
    Outside of Metro Areas 1 $385,000 $385,000 $3,213 3.13%
    CORVALLIS, OR (FHA|USDA|VA) » 1 $385,000 $385,000 $4,914 2.38%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) » 2 $380,000 $190,000 $5,710 3.06%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) » 1 $375,000 $375,000 $7,810 2.13%
    GLENS FALLS, NY (FHA|USDA|VA) » 2 $370,000 $185,000 $5,261 3.31%
    OKLAHOMA CITY, OK (FHA|USDA|VA) » 1 $365,000 $365,000 $11,439 3.25%
    Centralia, WA (FHA|USDA|VA) » 1 $365,000 $365,000 $7,394 2.88%
    SALISBURY, MD-DE (FHA|USDA|VA) » 1 $365,000 $365,000 $8,471 3.88%
    Gloversville, NY (FHA|USDA|VA) » 1 $365,000 $365,000 $5,396 2.88%
    BAKERSFIELD, CA (FHA|USDA|VA) » 3 $365,000 $121,667 $4,277 2.79%
    EVANSVILLE, IN-KY (FHA|USDA|VA) » 2 $360,000 $180,000 $3,336 2.94%
    PUEBLO, CO (FHA|USDA|VA) » 2 $360,000 $180,000 $6,950 2.75%
    Lufkin, TX (FHA|USDA|VA) » 1 $355,000 $355,000 $5,765 2.38%
    TYLER, TX (FHA|USDA|VA) » 1 $355,000 $355,000 $9,455 3.25%
    Hillsdale, MI (FHA|USDA|VA) » 1 $345,000 $345,000 $6,772 3.13%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) » 1 $345,000 $345,000 $14,660 3.75%
    Corning, NY (FHA|USDA|VA) » 2 $330,000 $165,000 $6,827 2.94%
    Traverse City, MI (FHA|USDA|VA) » 1 $325,000 $325,000 $4,365 2.88%
    ROCKFORD, IL (FHA|USDA|VA) » 2 $320,000 $160,000 $2,751 3.56%
    Paris, TX (FHA|USDA|VA) » 2 $310,000 $155,000 $5,274 3.38%
    CLEVELAND, TN (FHA|USDA|VA) » 2 $300,000 $150,000 $4,888 3.44%
    Sunbury, PA (FHA|USDA|VA) » 1 $295,000 $295,000 $9,830 3.75%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) » 1 $285,000 $285,000 $8,163 2.38%
    ASHEVILLE, NC (FHA|USDA|VA) » 1 $285,000 $285,000 $11,125 2.88%
    Bonham, TX (FHA|USDA|VA) » 1 $285,000 $285,000 $8,388 3.00%
    CaƱon City, CO (FHA|USDA|VA) » 1 $285,000 $285,000 $5,028 3.75%
    LONGVIEW, WA (FHA|USDA|VA) » 1 $275,000 $275,000 $6,581 3.25%
    Adrian, MI (FHA|USDA|VA) » 1 $275,000 $275,000 $4,339 3.38%
    CORPUS CHRISTI, TX (FHA|USDA|VA) » 1 $275,000 $275,000 $4,124 2.75%
    FAYETTEVILLE, NC (FHA|USDA|VA) » 1 $275,000 $275,000 $14,082 3.13%
    Oak Harbor, WA (FHA|USDA|VA) » 1 $275,000 $275,000 $6,656 2.38%
    ALBANY-LEBANON, OR (FHA|USDA|VA) » 1 $265,000 $265,000 $7,651 3.13%
    MORGANTOWN, WV (FHA|USDA|VA) » 1 $265,000 $265,000 $5,462 3.50%
    Sonora, CA (FHA|USDA|VA) » 1 $265,000 $265,000 $6,370 3.75%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) » 1 $265,000 $265,000 $7,669 3.00%
    LONGVIEW, TX (FHA|USDA|VA) » 1 $255,000 $255,000 $4,121 3.25%
    SPRINGFIELD, OH (FHA|USDA|VA) » 1 $255,000 $255,000 $4,024 2.88%
    MERCED, CA (FHA|USDA|VA) » 1 $255,000 $255,000 $0 3.38%
    THE VILLAGES, FL (FHA|USDA|VA) » 1 $255,000 $255,000 $7,307 3.50%
    LINCOLN, NE (FHA|USDA|VA) » 2 $250,000 $125,000 $5,916 3.31%
    Maysville, KY (FHA|USDA|VA) » 1 $245,000 $245,000 $8,806 3.38%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) » 1 $245,000 $245,000 $6,058 3.25%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) » 1 $245,000 $245,000 $4,917 3.25%
    Jackson, OH (FHA|USDA|VA) » 2 $240,000 $120,000 $3,458 3.13%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) » 1 $235,000 $235,000 $5,763 3.63%
    Morehead City, NC (FHA|USDA|VA) » 1 $235,000 $235,000 $5,237 2.63%
    MADISON, WI (FHA|USDA|VA) » 1 $235,000 $235,000 $4,734 3.25%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) » 1 $225,000 $225,000 $6,377 2.75%
    Orangeburg, SC (FHA|USDA|VA) » 1 $225,000 $225,000 $8,475 3.00%
    WORCESTER, MA-CT (FHA|USDA|VA) » 1 $225,000 $225,000 $8,122 3.25%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) » 1 $215,000 $215,000 $1,889 2.75%
    Paris, TN (FHA|USDA|VA) » 1 $215,000 $215,000 $3,132 2.88%
    BOISE CITY, ID (FHA|USDA|VA) » 1 $215,000 $215,000 $4,401 3.38%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) » 1 $205,000 $205,000 $6,440 2.50%
    Fredericksburg, TX (FHA|USDA|VA) » 1 $205,000 $205,000 $5,875 3.25%
    Dixon, IL (FHA|USDA|VA) » 1 $205,000 $205,000 $3,253 3.38%
    Oneonta, NY (FHA|USDA|VA) » 1 $205,000 $205,000 $4,319 2.63%
    ALBUQUERQUE, NM (FHA|USDA|VA) » 2 $200,000 $100,000 $3,615 3.06%
    Wilmington, OH (FHA|USDA|VA) » 2 $200,000 $100,000 $3,114 3.19%
    Fremont, OH (FHA|USDA|VA) » 1 $195,000 $195,000 $5,550 3.50%
    Lewisburg, TN (FHA|USDA|VA) » 1 $195,000 $195,000 $3,177 3.38%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) » 1 $185,000 $185,000 $7,988 3.63%
    Crossville, TN (FHA|USDA|VA) » 1 $185,000 $185,000 $3,453 3.25%
    Burley, ID (FHA|USDA|VA) » 1 $185,000 $185,000 $8,440 2.75%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) » 1 $185,000 $185,000 $3,365 3.38%
    KANSAS CITY, MO-KS (FHA|USDA|VA) » 1 $175,000 $175,000 $3,640 3.50%
    Concord, NH (FHA|USDA|VA) » 1 $175,000 $175,000 $4,567 2.50%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) » 1 $175,000 $175,000 $3,881 3.38%
    ELMIRA, NY (FHA|USDA|VA) » 1 $165,000 $165,000 $9,372 2.88%
    Coos Bay, OR (FHA|USDA|VA) » 1 $165,000 $165,000 $3,940 3.25%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) » 1 $165,000 $165,000 $7,737 2.88%
    AMARILLO, TX (FHA|USDA|VA) » 1 $165,000 $165,000 $5,523 2.75%
    LAWTON, OK (FHA|USDA|VA) » 1 $165,000 $165,000 $4,276 2.88%
    Roswell, NM (FHA|USDA|VA) » 1 $155,000 $155,000 $3,912 3.25%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) » 1 $155,000 $155,000 $3,896 3.38%
    SUMTER, SC (FHA|USDA|VA) » 1 $155,000 $155,000 $4,836 3.13%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) » 1 $155,000 $155,000 $5,179 3.63%
    Wooster, OH (FHA|USDA|VA) » 1 $145,000 $145,000 $3,139 3.25%
    Ashtabula, OH (FHA|USDA|VA) » 1 $135,000 $135,000 $2,706 2.50%
    PEORIA, IL (FHA|USDA|VA) » 1 $125,000 $125,000 $2,788 3.38%
    Tullahoma-Manchester, TN (FHA|USDA|VA) » 1 $105,000 $105,000 $3,104 3.25%
    Somerset, PA (FHA|USDA|VA) » 1 $105,000 $105,000 $4,456 3.38%
    MONTGOMERY, AL (FHA|USDA|VA) » 1 $105,000 $105,000 $4,890 3.13%
    Marinette, WI-MI (FHA|USDA|VA) » 1 $105,000 $105,000 $3,492 2.88%
    PINE BLUFF, AR (FHA|USDA|VA) » 1 $95,000 $95,000 $6,023 3.13%
    Connersville, IN (FHA|USDA|VA) » 1 $95,000 $95,000 $3,120 3.25%
    Riverton, WY (FHA|USDA|VA) » 1 $85,000 $85,000 $4,100 3.25%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) » 1 $85,000 $85,000 $2,680 2.63%

    United Mortgage Corp.'s top markets include New York, Dallas, Miami, Columbus, and Seattle among others.

    Product Mix

    Loan Type Originations Total Value Average Loan Average Fees Average Rate
    Conventional » 4,601 $1,483,685,000 $322,470 $8,418 3.18%
    FHA » 1,019 $387,695,000 $380,466 $13,903 3.04%
    VA » 209 $72,215,000 $345,526 $8,210 2.77%
    USDA » 9 $1,625,000 $180,556 $6,166 3.08%

    For the 2021 period, United Mortgage Corp.'s most frequently originated loan type of loans were Conventional, with 4,601 originations. Their 2nd most popular type is FHA, with 1,019 originations.

    Loan Reason

    Loan Reason Originations Total Value Average Loan Average Fees Average Rate
    Home Purchase » 2,265 $881,975,000 $389,393 $13,899 3.19%
    Cash Out Refi » 1,972 $580,440,000 $294,341 $6,753 3.25%
    Refi » 1,601 $482,805,000 $301,565 $6,156 2.94%

    For the 2021, United Mortgage Corp.'s most frequently cited loan purpose of loans were Home Purchase, with 2,265 originations. The 2nd most popular reason of loans were Cash Out Refi, with 1,972 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year » 4,919 $1,714,695,000 $348,586 $10,103 3.21%
    15 Year » 515 $122,065,000 $237,019 $5,114 2.65%
    20 Year » 244 $63,240,000 $259,180 $5,647 3.00%
    Other » 132 $39,820,000 $301,667 $6,509 3.02%
    10 Year » 28 $5,400,000 $192,857 $4,569 2.61%

    For the 2021, United Mortgage Corp.'s most frequently cited loan length of loans were 30 Year, with 4,919 originations. The 2nd most popular length of loans were 15 Year, with 515 originations.

    Origination Fees

    Origination Fee Originations Total Value Average Loan
    $1k-2k » 2,416 $770,110,000 $318,754
    $5k+ » 1,184 $554,770,000 $468,556
    $2k-3k » 870 $196,680,000 $226,069
    $3k-4k » 639 $183,285,000 $286,831
    $4k-5k » 494 $161,530,000 $326,984
    $<1k » 192 $64,090,000 $333,802

    $10,103 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 2,416 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% » 3,067 $1,035,275,000 $337,553
    2.5-3% » 2,163 $715,195,000 $330,650
    <2.5% » 446 $145,740,000 $326,771
    4-5% » 158 $47,690,000 $301,835
    5-6% » 4 $1,320,000 $330,000

    During 2021, United Mortgage Corp.'s average interest rate of loans were 3.21%, while their most frequently originated rate bucket of loans were 3-4%, with 3,067 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k » 2,676 $795,190,000 $297,156 $10,252 3.14%
    $400k-600k » 1,401 $665,855,000 $475,271 $10,144 3.12%
    $100k-200k » 1,272 $197,450,000 $155,228 $4,816 3.14%
    $600k-1MM » 375 $264,645,000 $705,720 $16,775 3.16%
    $100,000 or less » 104 $9,020,000 $86,731 $3,943 3.23%
    $1MM+ » 10 $13,060,000 $1,306,000 $22,880 3.54%

    2021 saw United Mortgage Corp. place emphasis on $200k-400k loans with 2,676 originations, totaling $795,190,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k » 1,754 $651,140,000 $371,231 $8,719 3.16%
    $75k-100k » 1,322 $421,450,000 $318,797 $14,735 3.12%
    $50k-75k » 1,038 $247,130,000 $238,083 $6,694 3.16%
    $150k-250k » 923 $394,165,000 $427,048 $8,428 3.13%
    $50k or less » 574 $118,830,000 $207,021 $5,809 3.10%
    $250k+ » 225 $111,805,000 $496,911 $8,128 3.14%

    United Mortgage Corp. lent most frequently to those with incomes in the $100k-150k range, with 1,754 originations. The second most popular income band? $75k-100k, with 1,322 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% » 932 $296,890,000 $318,552 $6,815 3.16%
    20-30% » 930 $249,690,000 $268,484 $5,814 3.07%
    <20% » 462 $132,750,000 $287,338 $5,741 2.93%
    50-60% » 357 $153,165,000 $429,034 $14,843 3.02%
    44% » 305 $105,335,000 $345,361 $7,874 3.24%
    43% » 282 $97,720,000 $346,525 $8,164 3.23%
    45% » 282 $101,370,000 $359,468 $8,622 3.20%
    49% » 245 $95,475,000 $389,694 $9,855 3.12%
    42% » 242 $91,870,000 $379,628 $8,764 3.23%
    41% » 239 $82,075,000 $343,410 $8,223 3.28%
    40% » 233 $74,715,000 $320,665 $45,275 3.22%
    38% » 215 $71,055,000 $330,488 $7,624 3.15%
    37% » 211 $72,255,000 $342,441 $7,473 3.21%
    39% » 193 $63,815,000 $330,648 $7,613 3.24%
    48% » 187 $70,985,000 $379,599 $9,440 3.14%
    46% » 173 $63,535,000 $367,254 $9,208 3.12%
    47% » 172 $66,530,000 $386,802 $9,292 3.13%
    36% » 171 $53,515,000 $312,953 $6,693 3.17%
    >60% » 7 $2,475,000 $353,571 $12,280 4.16%

    United Mortgage Corp. lent most frequently to those with DTI ratios of 30-36%, with 932 originations. The next most common DTI ratio? 20-30%, with 930 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White » 4,677 $1,495,985,000 $319,860 $9,183 3.13%
    Black » 695 $279,015,000 $401,460 $11,408 3.22%
    Asian » 207 $87,285,000 $421,667 $9,082 3.09%
    Not provided » 211 $62,585,000 $296,611 $6,748 3.06%
    Asian Indian » 20 $10,240,000 $512,000 $11,778 3.16%
    American Indian » 9 $2,845,000 $316,111 $8,912 2.79%
    Other Asian » 5 $2,205,000 $441,000 $10,240 3.14%
    Native Hawaiian or Islander » 5 $1,925,000 $385,000 $11,271 3.13%
    Other Pacific Islander » 4 $1,100,000 $275,000 $5,727 3.09%
    Native Hawaiian » 1 $835,000 $835,000 $33,074 2.50%
    Filipino » 2 $550,000 $275,000 $7,995 3.19%
    Japanese » 1 $445,000 $445,000 $5,541 2.75%
    Chinese » 1 $205,000 $205,000 $7,498 2.63%

    Approval Rates

    Total approvals of all applications
    97.50%

    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
    70.21%

    United Mortgage Corp. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 5,838 $1,945,220,000 $333,200

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    » 5,838 $1,945,220,000 $333,200

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% » 209 $41,715,000 $199,593 $5,273 2.95%
    40-60% » 941 $255,555,000 $271,578 $5,779 2.99%
    60-80% » 2,397 $776,315,000 $323,869 $6,757 3.22%
    80-100% » 2,245 $857,205,000 $381,829 $13,971 3.14%
    Over 100% » 26 $11,230,000 $431,923 $17,010 3.00%
    Under 20% » 20 $3,200,000 $160,000 $4,823 2.97%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    UNITED MORTGAGE CORP Conventional home mortgage Trouble during payment process 1 33.3%
    UNITED MORTGAGE CORP Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%
    UNITED MORTGAGE CORP VA mortgage Trouble during payment process 1 33.3%