United Premier Funding Mortgage Rates, Fees & Info
DULUTH, GALEI: 5493007PAE4JN4B5BX31
Tax ID: 45-2965086
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Mortgage Data
Review & Overview
United Premier Funding is a smaller mortgage company specializing in Home Purchase loans. United Premier Funding has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Nashville, Orlando, Charlotte, and Knoxville among others. We have data for 43 markets. (Some data included below & more in-depth data is available with an active subscription.)United Premier Funding has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. United Premier Funding is typically a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.74% | 11/21/24 |
| 30 Year Conventional Refi | 6.36% | 11/21/24 |
| 30 Year Cash-out Refi | 7.07% | 11/21/24 |
| 15 Year Conventional Purchase | 6.31% | 11/21/24 |
| 15 Year Conventional Refi | 6.33% | 11/21/24 |
| 15 Year Cash-out Refi | 6.33% | 11/21/24 |
| 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 Premier Funding Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
305Origination Dollar Volume (All Markets)
$62,815,000Top 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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 142 | $31,130,000 | $219,225 | $3,709 | 4.65% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 24 | $5,900,000 | $245,833 | $3,974 | 4.53% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 25 | $4,805,000 | $192,200 | $4,526 | 4.76% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 20 | $4,320,000 | $216,000 | $4,082 | 4.79% |
| KNOXVILLE, TN (FHA|USDA|VA) | 7 | $1,595,000 | $227,857 | $3,767 | 4.61% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 7 | $1,545,000 | $220,714 | $3,672 | 4.71% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 10 | $1,540,000 | $154,000 | $4,076 | 4.56% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 7 | $1,495,000 | $213,571 | $3,580 | 4.66% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 9 | $1,375,000 | $152,778 | $3,795 | 4.79% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $845,000 | $169,000 | $3,537 | 4.80% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $3,793 | 3.88% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $4,156 | 4.19% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $4,090 | 5.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 4 | $510,000 | $127,500 | $4,109 | 4.66% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $3,444 | 5.08% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $4,212 | 4.50% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,578 | 4.38% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,356 | 4.69% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $3,817 | 3.50% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,955 | 4.99% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $4,408 | 4.63% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,129 | 4.13% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,570 | 4.50% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,683 | 4.88% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,253 | 4.50% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,554 | 4.50% |
| Boone, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,598 | 5.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,315 | 4.50% |
| OCALA, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,234 | 4.75% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,258 | 4.88% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,333 | 4.50% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,469 | 4.75% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,685 | 4.75% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,193 | 4.38% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,370 | 4.75% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,395 | 4.63% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,641 | 3.75% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,679 | 4.75% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,123 | 4.25% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,061 | 4.63% |
| Statesboro, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,156 | 3.75% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,505 | 3.88% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,046 | 4.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against UNITED PREMIER FUNDING based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 305 | $62,815,000 | $205,951 | $3,841 | 4.64% |
For 2018, United Premier Funding's most frequently originated type of loan was Conventional, with 305 originations.
Loan Reason
For 2018, United Premier Funding's most frequently cited loan purpose was Home Purchase, with 272 originations. The 2nd most popular reason was Cash Out Refi, with 32 originations.
Loan Duration/Length
For 2018, United Premier Funding's most frequently cited loan duration was 30 Year, with 225 originations. The 2nd most popular length was 15 Year, with 62 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 305 | $62,815,000 | $205,951 |
United Premier Funding's average total fees were $3,857, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 305 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 214 | $43,800,000 | $204,673 |
| 5-6% | 52 | $10,200,000 | $196,154 |
| 3-4% | 39 | $8,815,000 | $226,026 |
During 2018, United Premier Funding's average interest rate for loans was 4.78%, while their most frequently originated rate bucket for loans was 4-5%, with 214 originations.
Loan Sizing
2018 saw United Premier Funding place emphasis on $100k-200k loans with 159 originations, totaling $24,305,000 in origination value.
Applicant Income
United Premier Funding lent most frequently to those with incomes in the $50k or less range, with 151 originations. The second most popular income band? $50k-75k, with 75 originations.
Applicant Debt to Income Ratio
United Premier Funding lent most frequently to those with DTI ratios of 20-30%, with 44 originations. The next most common DTI ratio? 30-36%, with 37 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.73%
United Premier Funding has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination98.03%
United Premier Funding has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 305 | $62,815,000 | $205,951 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 305 | $62,815,000 | $205,951 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| UNITED COMMUNITY BANK | Conventional home mortgage | Trouble during payment process | 1 | 25.0% |
| UNITED COMMUNITY BANK | Other type of mortgage | Trouble during payment process | 1 | 25.0% |
| UNITED COMMUNITY BANK | Other type of mortgage | Struggling to pay mortgage | 1 | 25.0% |
| UNITED COMMUNITY BANK | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 25.0% |