The Union State Bank Mortgage Rates, Fees & Info
Arkansas City, KSLEI: 5493007LG15SP6QAWL48
Tax ID: 48-0456370
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
The Union State Bank is a smaller bank specializing in Home Purchase and Refi loans. The Union State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Wichita, Oklahoma City, Winfield, Denver, and Tulsa among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)The Union State Bank 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.
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.
Originations
183Origination Dollar Volume (All Markets)
$37,525,000Top 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 |
|---|---|---|---|---|---|
| WICHITA, KS (FHA|USDA|VA) | 105 | $20,665,000 | $196,810 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 15 | $7,005,000 | $467,000 | $0 | 0.00% |
| Winfield, KS (FHA|USDA|VA) | 42 | $4,810,000 | $114,524 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $1,825,000 | $260,714 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $1,145,000 | $1,145,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $0 | 0.00% |
| Bartlesville, OK (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Ponca City, OK (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Hutchinson, KS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 183 | $37,525,000 | $205,055 | $0 | 0.00% |
For 2023, The Union State Bank's most frequently originated type of loan was Conventional, with 183 originations.
Loan Reason
For 2023, The Union State Bank's most frequently cited loan purpose was Home Purchase, with 111 originations. The 2nd most popular reason was Refi, with 35 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 183 | $37,525,000 | $205,055 | $0 | 0.00% |
For 2023, The Union State Bank's most frequently cited loan duration was Other, with 183 originations.
Loan Sizing
2023 saw The Union State Bank place emphasis on $100,000 or less loans with 67 originations, totaling $4,155,000 in origination value.
Applicant Income
The Union State Bank lent most frequently to those with incomes in the $50k-75k range, with 29 originations. The second most popular income band? $100k-150k, with 22 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 183 | $37,525,000 | $205,055 | $0 | 0.00% |
The Union State Bank lent most frequently to those with DTI ratios of Exempt%, with 183 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.20%
The Union State Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.98%
The Union State Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 183 | $37,525,000 | $205,055 |