United Mortgage Corp Rates, Fees & Info
MELVILLE, NYLEI: 5493005ICQ3QGEIWV618
Tax ID: 11-3073502
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & 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 a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) 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, Dallas, Miami, Columbus, and Seattle among others. We have data for 258 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 an average 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 | 6.82% | 3/25/24 |
| 30 Year Conventional Refi | 6.51% | 3/25/24 |
| 30 Year Cash-out Refi | 6.84% | 3/25/24 |
| 30 Year FHA Purchase | 7.41% | 3/25/24 |
| 30 Year FHA Refi | 6.98% | 3/25/24 |
| 30 Year VA Purchase | 6.33% | 3/25/24 |
| 30 Year VA Refi | 6.10% | 3/25/24 |
| 30 Year USDA Purchase | 7.09% | 3/25/24 |
| 30 Year USDA Refi | 5.65% | 3/25/24 |
| 15 Year Conventional Purchase | 6.31% | 3/25/24 |
| 15 Year Conventional Refi | 6.24% | 3/25/24 |
| 15 Year Cash-out Refi | 6.24% | 3/25/24 |
| 15 Year FHA Purchase | 7.74% | 3/25/24 |
| 15 Year FHA Refi | 5.68% | 3/25/24 |
| 15 Year VA Refi | 5.68% | 3/25/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
United Mortgage Corp Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from United Mortgage Corp. 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
5,910Origination Dollar Volume (All Markets)
$1,861,760,000Awards
×
![]()
UNITED MORTGAGE CORP - 2020
UNITED MORTGAGE CORP is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for UNITED MORTGAGE CORP?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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) | 2,860 | $1,130,780,000 | $395,378 | $9,381 | 3.28% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 504 | $116,330,000 | $230,813 | $5,412 | 3.33% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 154 | $41,150,000 | $267,208 | $6,629 | 3.28% |
| COLUMBUS, OH (FHA|USDA|VA) | 193 | $38,305,000 | $198,472 | $4,182 | 3.22% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 114 | $36,120,000 | $316,842 | $5,825 | 3.20% |
| 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% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 96 | $22,780,000 | $237,292 | $6,372 | 3.17% |
| 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% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 78 | $18,670,000 | $239,359 | $6,076 | 3.22% |
| 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, KY (FHA|USDA|VA) | 69 | $13,415,000 | $194,420 | $4,860 | 3.30% |
| Outside of Metro Areas | 66 | $12,750,000 | $193,182 | $5,533 | 3.35% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 39 | $12,605,000 | $323,205 | $5,672 | 3.13% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 32 | $11,740,000 | $366,875 | $9,993 | 3.19% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 25 | $11,075,000 | $443,000 | $7,101 | 3.46% |
| 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% |
| 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% |
| 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% |
| GREELEY, CO (FHA|USDA|VA) | 13 | $3,915,000 | $301,154 | $5,246 | 3.15% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 14 | $3,760,000 | $268,571 | $7,612 | 3.29% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 8 | $3,610,000 | $451,250 | $9,840 | 3.05% |
| 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% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 13 | $2,855,000 | $219,615 | $5,205 | 3.17% |
| 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% |
| 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% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $1,735,000 | $578,333 | $9,547 | 2.92% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 7 | $1,705,000 | $243,571 | $7,716 | 3.18% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 7 | $1,705,000 | $243,571 | $5,860 | 3.04% |
| Torrington, CT (FHA|USDA|VA) | 8 | $1,680,000 | $210,000 | $5,328 | 3.28% |
| 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% |
| Granbury, TX (FHA|USDA|VA) | 7 | $1,365,000 | $195,000 | $4,976 | 3.64% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 4 | $1,320,000 | $330,000 | $4,408 | 3.78% |
| 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% |
| YUBA CITY, CA (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $5,927 | 2.97% |
| READING, PA (FHA|USDA|VA) | 6 | $1,000,000 | $166,667 | $5,468 | 3.38% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 4 | $990,000 | $247,500 | $3,922 | 2.88% |
| Shelton, WA (FHA|USDA|VA) | 3 | $985,000 | $328,333 | $5,612 | 3.46% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 5 | $965,000 | $193,000 | $4,699 | 3.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 2 | $940,000 | $470,000 | $3,525 | 2.50% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 4 | $930,000 | $232,500 | $4,006 | 2.84% |
| TUCSON, AZ (FHA|USDA|VA) | 6 | $930,000 | $155,000 | $6,307 | 3.21% |
| 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% |
| Mount Vernon, OH (FHA|USDA|VA) | 5 | $885,000 | $177,000 | $4,514 | 3.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 6 | $870,000 | $145,000 | $8,343 | 3.54% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 5 | $865,000 | $173,000 | $4,887 | 3.40% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $2,751 | 2.94% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 4 | $810,000 | $202,500 | $7,515 | 3.47% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $4,815 | 2.75% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $6,633 | 3.00% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $3,695 | 2.69% |
| RENO, NV (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $3,545 | 2.19% |
| Athens, TX (FHA|USDA|VA) | 4 | $770,000 | $192,500 | $5,256 | 3.97% |
| Pottsville, PA (FHA|USDA|VA) | 4 | $740,000 | $185,000 | $7,547 | 3.75% |
| 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% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $11,460 | 4.25% |
| 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% |
| Bonham, TX (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $5,865 | 3.00% |
| 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% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $4,273 | 2.81% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $4,175 | 2.56% |
| 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% |
| Kerrville, TX (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $6,739 | 3.25% |
| 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% |
| CHICO, CA (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $5,404 | 3.17% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $4,916 | 4.00% |
| 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% |
| Hudson, NY (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $7,705 | 2.75% |
| MODESTO, CA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $9,616 | 2.81% |
| Oak Harbor, WA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $5,533 | 3.19% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $3,791 | 2.88% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $4,980 | 3.50% |
| Seneca, SC (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $5,699 | 3.69% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,911 | 2.88% |
| Cañon City, CO (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,507 | 3.31% |
| 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% |
| Ontario, OR-ID (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $6,199 | 3.46% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $7,225 | 3.58% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,125 | 3.38% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,902 | 3.50% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,700 | 3.13% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,189 | 2.75% |
| Newport, OR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,299 | 2.75% |
| Albertville, AL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,200 | 2.75% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $5,133 | 3.58% |
| MADERA, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,694 | 2.63% |
| GLENS FALLS, NY (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $6,535 | 3.38% |
| Paris, TX (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,781 | 2.88% |
| 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% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,471 | 2.63% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,580 | 2.88% |
| Stephenville, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,494 | 2.88% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,144 | 3.00% |
| MUNCIE, IN (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $2,957 | 3.25% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $10,086 | 3.63% |
| BEND, OR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,749 | 3.13% |
| 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% |
| Searcy, AR (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,516 | 3.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $15,602 | 3.75% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $10,646 | 3.13% |
| Greenville, OH (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $2,831 | 3.94% |
| 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% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,949 | 3.38% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,934 | 3.00% |
| 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% |
| Sayre, PA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $10,436 | 3.75% |
| 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% |
| Centralia, WA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,957 | 2.63% |
| Marion, OH (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $3,310 | 2.81% |
| Mount Airy, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,258 | 4.88% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,095 | 2.75% |
| 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% |
| TYLER, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,126 | 3.25% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,076 | 2.88% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,894 | 3.38% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,876 | 2.88% |
| DOVER, DE (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,192 | 3.00% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,170 | 2.88% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,443 | 3.63% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,703 | 3.75% |
| Durango, CO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,474 | 2.50% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,673 | 2.88% |
| MORRISTOWN, TN (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $4,153 | 4.50% |
| FLINT, MI (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $5,211 | 4.44% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,178 | 2.25% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,832 | 2.63% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,265 | 3.38% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,937 | 3.38% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $8,534 | 4.19% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,109 | 3.00% |
| Nacogdoches, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,015 | 3.38% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,577 | 2.38% |
| New Castle, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,627 | 2.50% |
| BINGHAMTON, NY (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $6,784 | 3.13% |
| Sturgis, MI (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $6,861 | 3.75% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,254 | 3.00% |
| Zanesville, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,877 | 2.50% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,385 | 3.38% |
| Oneonta, NY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,621 | 3.88% |
| TULSA, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,313 | 3.63% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,195 | 3.13% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,136 | 2.88% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,597 | 3.00% |
| 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% |
| Vincennes, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,260 | 3.38% |
| MERCED, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,809 | 2.88% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,420 | 2.25% |
| Crescent City, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $10,434 | 2.75% |
| Crossville, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,595 | 2.38% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,131 | 3.50% |
| Tahlequah, OK (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,938 | 2.88% |
| Wilmington, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,086 | 3.13% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $9,738 | 3.00% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,660 | 3.75% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,876 | 3.50% |
| Sonora, CA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $9,965 | 3.88% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,936 | 3.38% |
| Palestine, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,051 | 3.00% |
| Athens, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,730 | 2.88% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,761 | 3.75% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,859 | 3.75% |
| Jackson, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,944 | 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% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,660 | 3.75% |
| Bradford, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,544 | 2.75% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,843 | 2.88% |
| The Dalles, OR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,759 | 2.75% |
| Susanville, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $8,304 | 3.88% |
| Brenham, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,618 | 3.50% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $9,728 | 3.25% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,851 | 3.63% |
| BAY CITY, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,179 | 3.75% |
| Somerset, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,458 | 3.13% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,425 | 3.50% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,457 | 2.75% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,655 | 5.13% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,840 | 3.63% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,288 | 4.75% |
| Angola, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,458 | 3.38% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,720 | 3.63% |
| 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% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,816 | 3.63% |
| Wilson, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,822 | 3.75% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $7,704 | 3.75% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $7,939 | 3.63% |
| Palatka, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,073 | 3.75% |
| Huntington, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,588 | 3.75% |
| Urbana, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,717 | 3.75% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,911 | 3.88% |
| 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% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $7,069 | 3.75% |
| Marion, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,515 | 3.63% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,831 | 3.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against UNITED MORTGAGE CORP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
The First National Bank of Long Island
Similarity Rank: 134
Similarity Rank: 134
SIKORSKY FINANCIAL
Similarity Rank: 165
Similarity Rank: 165
Community West Credit Union
Similarity Rank: 210
Similarity Rank: 210
KENT COUNTY CREDIT UNION
Similarity Rank: 235
Similarity Rank: 235
North Jersey Federal Credit Union
Similarity Rank: 247
Similarity Rank: 247
DADE COUNTY FEDERAL CREDIT UNION
Similarity Rank: 304
Similarity Rank: 304
HERITAGE COMMUNITY CREDIT UNION
Similarity Rank: 330
Similarity Rank: 330
METROPLEX MORTGAGE SERVICES, INC.
Similarity Rank: 372
Similarity Rank: 372
TRISTAR FINANCE, INC.
Similarity Rank: 378
Similarity Rank: 378
Thomaston Savings Bank
Similarity Rank: 400
Similarity Rank: 400
Product Mix
For 2020, United Mortgage Corp's most frequently originated type of loan was Conventional, with 4,544 originations. Their 2nd most popular type was FHA, with 1,020 originations.
Loan Reason
For 2020, United Mortgage Corp's most frequently cited loan purpose was Refi, with 2,096 originations. The 2nd most popular reason was Cash Out Refi, with 2,012 originations.
Loan Duration/Length
For 2020, United Mortgage Corp's most frequently cited loan duration was 30 Year, with 4,754 originations. The 2nd most popular length was 15 Year, with 592 originations.
Origination Fees/Closing Costs
United Mortgage Corp's average total fees were $7,977, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,554 originations.
Interest Rates
During 2020, United Mortgage Corp's average interest rate for loans was 3.34%, while their most frequently originated rate bucket for loans was 3-4%, with 2,874 originations.
Loan Sizing
2020 saw United Mortgage Corp place emphasis on $200k-400k loans with 2,910 originations, totaling $855,220,000 in origination value.
Applicant Income
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
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
Approval Rates
Total approvals of all applications97.59%
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 origination60.66%
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
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| UNITED MORTGAGE CORP | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 33.3% |
| UNITED MORTGAGE CORP | FHA mortgage | Closing on a mortgage | 1 | 33.3% |
| UNITED MORTGAGE CORP | VA mortgage | Trouble during payment process | 1 | 33.3% |