Unitedone Credit Union Mortgage Rates, Fees & Info

Manitowoc, WI

LEI: 5493009ULL1JFIC1C287

Tax ID: 39-0126914

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Unitedone Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Unitedone Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Manitowoc, Sheboygan, Milwaukee, Green Bay, and Whitewater among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Unitedone Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Unitedone Credit Union 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.

    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 6.59% 5/4/24
    30 Year Conventional Refi 6.51% 5/4/24
    30 Year FHA Purchase 6.27% 5/4/24
    30 Year VA Purchase 6.27% 5/4/24
    15 Year Conventional Purchase 6.96% 5/4/24
    15 Year Conventional Refi 5.79% 5/4/24
    15 Year Cash-out Refi 5.79% 5/4/24
    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.

    Unitedone Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Unitedone Credit Union. 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

    416

    Origination Dollar Volume (All Markets)

    $36,290,000
    Show all (6) awards

    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
    Manitowoc, WI (FHA|USDA|VA) 269 $22,805,000 $84,777 $804 4.12%
    SHEBOYGAN, WI (FHA|USDA|VA) 127 $11,175,000 $87,992 $857 4.16%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 5 $615,000 $123,000 $1,220 4.40%
    GREEN BAY, WI (FHA|USDA|VA) 3 $395,000 $131,667 $1,589 3.66%
    Whitewater, WI (FHA|USDA|VA) 1 $345,000 $345,000 $2,015 4.88%
    Outside of Metro Areas 2 $280,000 $140,000 $345 2.99%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $270,000 $135,000 $929 4.18%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 3 $155,000 $51,667 $0 4.00%
    APPLETON, WI (FHA|USDA|VA) 1 $125,000 $125,000 $685 4.88%
    Marinette, WI-MI (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.00%
    RACINE, WI (FHA|USDA|VA) 1 $35,000 $35,000 $386 3.99%
    Shawano, WI (FHA|USDA|VA) 1 $25,000 $25,000 $363 5.74%
    Unitedone Credit Union's top markets include Manitowoc, Sheboygan, Milwaukee, Green Bay, and Whitewater among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against UNITEDONE Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Kohler Credit Union
    Similarity Rank: 24
    UNITEDONE Credit Union
    Similarity Rank: 72
    VERVE, A CREDIT UNION
    Similarity Rank: 105
    FOX COMMUNITIES
    Similarity Rank: 138
    Landmark Credit Union
    Similarity Rank: 168
    Commerce State Bank
    Similarity Rank: 264
    Community First Credit Union
    Similarity Rank: 297
    The Port Washington State Bank
    Similarity Rank: 341
    WISCONSIN MORTGAGE CORPORATION
    Similarity Rank: 368
    National Exchange Bank and Trust
    Similarity Rank: 378

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 413 $35,745,000 $86,550 $781 4.13%
    VA 3 $545,000 $181,667 $6,453 5.00%

    For 2018, Unitedone Credit Union's most frequently originated type of loan was Conventional, with 413 originations. Their 2nd most popular type was VA, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 237 $19,835,000 $83,692 $587 4.08%
    Home Purchase 89 $13,305,000 $149,494 $1,842 4.56%
    Other 48 $1,580,000 $32,917 $337 3.93%
    Home Improvement 41 $1,385,000 $33,780 $349 3.76%
    Cash Out Refi 1 $185,000 $185,000 $7,483 5.13%

    For 2018, Unitedone Credit Union's most frequently cited loan purpose was Refi, with 237 originations. The 2nd most popular reason was Home Purchase, with 89 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 144 $19,390,000 $134,653 $1,274 4.25%
    5 Year 81 $5,355,000 $66,111 $243 4.52%
    Other 52 $2,260,000 $43,462 $266 3.42%
    10 Year 51 $2,405,000 $47,157 $464 4.00%
    15 Year 45 $3,575,000 $79,444 $776 4.01%
    20 Year 40 $2,280,000 $57,000 $551 4.16%
    30+ year 3 $1,025,000 $341,667 $2,265 5.21%

    For 2018, Unitedone Credit Union's most frequently cited loan duration was 30 Year, with 144 originations. The 2nd most popular length was 5 Year, with 81 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 344 $30,260,000 $87,965
    $1k-2k 1 $295,000 $295,000

    Unitedone Credit Union's average total fees were $1,274, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 344 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 135 $10,135,000 $75,074
    4-5% 111 $11,225,000 $101,126
    2.5-3% 80 $6,600,000 $82,500
    5-6% 67 $6,735,000 $100,522
    6-7% 14 $1,030,000 $73,571
    <2.5% 6 $440,000 $73,333
    7-8% 3 $125,000 $41,667

    During 2018, Unitedone Credit Union's average interest rate for loans was 4.25%, while their most frequently originated rate bucket for loans was 3-4%, with 135 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 292 $13,670,000 $46,815 $536 4.17%
    $100k-200k 86 $12,090,000 $140,581 $1,219 3.94%
    $200k-400k 35 $8,895,000 $254,143 $1,931 4.30%
    $400k-600k 2 $970,000 $485,000 $1,855 5.63%
    $600k-1MM 1 $665,000 $665,000 $0 4.75%

    2018 saw Unitedone Credit Union place emphasis on $100,000 or less loans with 292 originations, totaling $13,670,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 114 $7,260,000 $63,684 $735 4.16%
    $50k-75k 92 $6,790,000 $73,804 $818 4.02%
    $75k-100k 72 $7,500,000 $104,167 $996 4.09%
    $100k-150k 63 $7,005,000 $111,190 $811 3.94%
    $150k-250k 16 $2,180,000 $136,250 $993 4.41%
    $250k+ 6 $1,320,000 $220,000 $941 4.07%

    Unitedone Credit Union lent most frequently to those with incomes in the $50k or less range, with 114 originations. The second most popular income band? $50k-75k, with 92 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 85 $8,375,000 $98,529 $729 3.98%
    20-30% 77 $6,305,000 $81,883 $846 3.96%
    <20% 28 $2,100,000 $75,000 $931 4.04%
    40% 24 $1,690,000 $70,417 $864 4.02%
    41% 22 $1,740,000 $79,091 $652 3.75%
    43% 20 $1,950,000 $97,500 $716 4.42%
    36% 19 $1,495,000 $78,684 $774 3.94%
    38% 17 $1,725,000 $101,471 $834 3.84%
    42% 15 $1,405,000 $93,667 $559 3.87%
    44% 15 $835,000 $55,667 $736 3.94%
    39% 10 $950,000 $95,000 $1,070 4.20%
    37% 7 $515,000 $73,571 $760 3.76%
    45% 3 $495,000 $165,000 $3,694 4.00%
    46% 1 $125,000 $125,000 $2,016 4.63%
    47% 1 $215,000 $215,000 $2,141 4.75%
    49% 1 $345,000 $345,000 $2,914 5.25%
    50-60% 1 $225,000 $225,000 $1,596 4.88%
    >60% 1 $125,000 $125,000 $1,612 4.75%

    Unitedone Credit Union lent most frequently to those with DTI ratios of 30-36%, with 85 originations. The next most common DTI ratio? 20-30%, with 77 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 356 $31,240,000 $87,753 $823 4.08%
    Not applicable 46 $3,600,000 $78,261 $0 4.63%
    Asian 10 $1,280,000 $128,000 $1,179 4.03%
    Not provided 3 $145,000 $48,333 $800 3.66%
    Black 1 $25,000 $25,000 $523 5.74%

    Approval Rates

    Total approvals of all applications
    87.18%

    Unitedone Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.05%

    Unitedone Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 416 $36,290,000 $87,236

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $570,000 $142,500
    Single Family (1-4 Units):Site-Built 412 $35,720,000 $86,699

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 61 $2,685,000 $44,016 $407 4.05%
    40-60% 49 $4,025,000 $82,143 $592 3.98%
    60-80% 133 $14,025,000 $105,451 $917 4.32%
    80-100% 90 $12,590,000 $139,889 $1,467 4.33%
    Over 100% 7 $1,295,000 $185,000 $4,335 4.52%
    Under 20% 76 $1,670,000 $21,974 $253 3.74%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    UNITED GUARANTY CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%
    UNITED GUARANTY CORPORATION Other type of mortgage Struggling to pay mortgage 1 33.3%
    UNITED GUARANTY CORPORATION FHA mortgage Trouble during payment process 1 33.3%