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
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Mortgage Data
Review & Overview
The Union State Bank is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. The Union State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Wichita, Oklahoma City, Winfield, Bartlesville, and Tulsa among others. We have data for 17 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.
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Originations
251Origination Dollar Volume (All Markets)
$50,075,000Top 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) | 127 | $25,775,000 | $202,953 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 24 | $9,520,000 | $396,667 | $0 | 0.00% |
| Winfield, KS (FHA|USDA|VA) | 58 | $7,220,000 | $124,483 | $0 | 0.00% |
| Bartlesville, OK (FHA|USDA|VA) | 10 | $1,800,000 | $180,000 | $0 | 0.00% |
| Outside of Metro Areas | 11 | $1,615,000 | $146,818 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $0 | 0.00% |
| McPherson, KS (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $0 | 0.00% |
| Ponca City, OK (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $0 | 0.00% |
| Hutchinson, KS (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Coffeyville, KS (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| McAlester, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 251 | $50,075,000 | $199,502 | $0 | 0.00% |
For 2022, The Union State Bank's most frequently originated type of loan was Conventional, with 251 originations.
Loan Reason
For 2022, The Union State Bank's most frequently cited loan purpose was Home Purchase, with 143 originations. The 2nd most popular reason was Refi, with 61 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 251 | $50,075,000 | $199,502 | $0 | 0.00% |
For 2022, The Union State Bank's most frequently cited loan duration was Other, with 251 originations.
Loan Sizing
2022 saw The Union State Bank place emphasis on $100,000 or less loans with 104 originations, totaling $6,520,000 in origination value.
Applicant Income
The Union State Bank lent most frequently to those with incomes in the $100k-150k range, with 40 originations. The second most popular income band? $50k or less, with 33 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 251 | $50,075,000 | $199,502 | $0 | 0.00% |
The Union State Bank lent most frequently to those with DTI ratios of Exempt%, with 251 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.97%
The Union State Bank has an average approval rate.
Pick Rate
Approvals leading to origination87.25%
The Union State Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 251 | $50,075,000 | $199,502 |