Uif Corporation Mortgage Rates, Fees & Info

ANN ARBOR, MI

LEI: 549300BXWU32AYWT1A56

Tax ID: 20-4136310

5 stars - Updated: 3/28/24 - out of 5 stars, based on 42 reviews

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

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Mortgage Data

Review & Overview

Uif Corporation is a smaller mortgage company specializing in Home Purchase loans. Uif Corporation has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Chicago, New York, Detroit, and Atlanta among others. We have data for 147 markets. (Some data included below & more in-depth data is available with an active subscription.)

Uif Corporation 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. Uif Corporation 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 relatively high 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 6.63% 3/28/24
30 Year Conventional Refi 6.57% 3/28/24
30 Year Cash-out Refi 7.08% 3/28/24
15 Year Conventional Purchase 6.14% 3/28/24
15 Year Conventional Refi 6.21% 3/28/24
15 Year Cash-out Refi 6.21% 3/28/24
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.

Uif Corporation Mortgage Calculator






Your Estimates

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

This is not an official calculator from Uif Corporation. 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

1,753

Origination Dollar Volume (All Markets)

$617,805,000
Show all (5) awards

Relative Rate

Uif Corporation's average 30 year fixed mortgage rate was 7.03%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.55%.

Relative Fees (Closing Costs)

Uif Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $6,536.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 213 $86,555,000 $406,362 $7,856 6.93%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 135 $46,715,000 $346,037 $6,989 7.15%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 88 $45,910,000 $521,705 $9,159 6.98%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 205 $45,165,000 $220,317 $4,254 7.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 110 $38,390,000 $349,000 $5,795 6.85%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 106 $35,360,000 $333,585 $7,347 7.02%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 84 $30,760,000 $366,190 $8,441 6.70%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 54 $27,210,000 $503,889 $5,968 6.90%
COLUMBUS, OH (FHA|USDA|VA) 74 $25,760,000 $348,108 $6,366 6.92%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 22 $15,970,000 $725,909 $6,152 7.38%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 50 $14,590,000 $291,800 $6,017 6.95%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 17 $13,275,000 $780,882 $7,610 7.22%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 68 $12,160,000 $178,824 $5,126 7.08%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 18 $8,600,000 $477,778 $6,114 7.02%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 21 $7,725,000 $367,857 $7,494 6.86%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 23 $7,065,000 $307,174 $5,116 7.24%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 18 $6,920,000 $384,444 $8,565 6.66%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 16 $6,770,000 $423,125 $7,469 7.11%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 14 $6,540,000 $467,143 $10,453 7.08%
RALEIGH-CARY, NC (FHA|USDA|VA) 16 $6,300,000 $393,750 $4,186 6.91%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 8 $6,300,000 $787,500 $7,568 7.23%
ST. LOUIS, MO-IL (FHA|USDA|VA) 21 $5,535,000 $263,571 $5,463 6.95%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 12 $4,440,000 $370,000 $3,942 7.28%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 4 $3,540,000 $885,000 $4,189 6.75%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 24 $3,360,000 $140,000 $4,344 7.04%
STOCKTON, CA (FHA|USDA|VA) 5 $3,355,000 $671,000 $4,507 7.55%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 13 $3,335,000 $256,538 $8,254 7.20%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 5 $3,265,000 $653,000 $14,392 6.58%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 11 $3,205,000 $291,364 $5,422 6.89%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $3,200,000 $533,333 $5,127 7.39%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 8 $3,170,000 $396,250 $5,316 6.97%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 13 $3,115,000 $239,615 $5,432 6.91%
OKLAHOMA CITY, OK (FHA|USDA|VA) 12 $3,000,000 $250,000 $4,923 7.17%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 6 $2,960,000 $493,333 $7,625 6.71%
KANSAS CITY, MO-KS (FHA|USDA|VA) 6 $2,880,000 $480,000 $3,037 6.92%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 6 $2,730,000 $455,000 $5,589 7.48%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 9 $2,565,000 $285,000 $4,175 7.00%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 6 $2,400,000 $400,000 $5,284 6.98%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 6 $2,180,000 $363,333 $12,134 6.52%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 8 $2,120,000 $265,000 $5,707 6.86%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $2,080,000 $520,000 $5,438 6.88%
MADISON, WI (FHA|USDA|VA) 5 $1,855,000 $371,000 $6,961 7.13%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 5 $1,845,000 $369,000 $6,046 6.70%
TULSA, OK (FHA|USDA|VA) 4 $1,740,000 $435,000 $7,869 7.09%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $1,680,000 $420,000 $6,385 6.78%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 8 $1,640,000 $205,000 $3,428 6.84%
FRESNO, CA (FHA|USDA|VA) 4 $1,590,000 $397,500 $4,225 6.78%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 5 $1,445,000 $289,000 $6,306 6.88%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 4 $1,440,000 $360,000 $4,573 6.81%
ROCKFORD, IL (FHA|USDA|VA) 7 $1,405,000 $200,714 $4,976 6.71%
FLINT, MI (FHA|USDA|VA) 3 $1,395,000 $465,000 $5,860 7.04%
PITTSBURGH, PA (FHA|USDA|VA) 4 $1,390,000 $347,500 $5,939 6.72%
FORT WAYNE, IN (FHA|USDA|VA) 5 $1,385,000 $277,000 $3,190 6.43%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,305,000 $435,000 $7,471 6.66%
RICHMOND, VA (FHA|USDA|VA) 4 $1,190,000 $297,500 $4,796 6.90%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $1,130,000 $282,500 $7,138 6.72%
BURLINGTON, NC (FHA|USDA|VA) 1 $1,065,000 $1,065,000 $0 6.50%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $1,045,000 $348,333 $6,882 7.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $1,025,000 $341,667 $5,454 7.50%
GAINESVILLE, FL (FHA|USDA|VA) 2 $1,010,000 $505,000 $6,324 6.63%
ANN ARBOR, MI (FHA|USDA|VA) 3 $935,000 $311,667 $3,993 7.00%
ROCHESTER, MN (FHA|USDA|VA) 3 $915,000 $305,000 $4,116 6.50%
Outside of Metro Areas 2 $890,000 $445,000 $3,821 7.19%
VALLEJO, CA (FHA|USDA|VA) 3 $885,000 $295,000 $4,499 7.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 3 $875,000 $291,667 $4,730 6.92%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $860,000 $430,000 $14,798 7.06%
AKRON, OH (FHA|USDA|VA) 5 $855,000 $171,000 $3,867 6.37%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $820,000 $410,000 $5,706 7.06%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $820,000 $410,000 $7,337 7.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $790,000 $395,000 $5,740 7.75%
KNOXVILLE, TN (FHA|USDA|VA) 2 $780,000 $390,000 $5,582 7.37%
SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $685,000 $228,333 $9,674 7.42%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $670,000 $335,000 $6,167 7.63%
ALTOONA, PA (FHA|USDA|VA) 1 $665,000 $665,000 $7,770 6.99%
BINGHAMTON, NY (FHA|USDA|VA) 3 $665,000 $221,667 $4,849 7.08%
ST. CLOUD, MN (FHA|USDA|VA) 3 $665,000 $221,667 $7,573 6.21%
SYRACUSE, NY (FHA|USDA|VA) 3 $655,000 $218,333 $6,267 6.58%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $610,000 $305,000 $4,203 6.63%
PEORIA, IL (FHA|USDA|VA) 3 $605,000 $201,667 $2,863 6.96%
Moses Lake, WA (FHA|USDA|VA) 1 $605,000 $605,000 $3,499 7.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $600,000 $300,000 $4,124 7.25%
MADERA, CA (FHA|USDA|VA) 1 $575,000 $575,000 $3,821 6.50%
Coldwater, MI (FHA|USDA|VA) 4 $550,000 $137,500 $2,960 6.50%
ROCHESTER, NY (FHA|USDA|VA) 3 $525,000 $175,000 $5,615 6.96%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $520,000 $260,000 $4,665 6.50%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $520,000 $260,000 $4,087 6.88%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 2 $500,000 $250,000 $3,745 6.93%
Whitewater, WI (FHA|USDA|VA) 1 $485,000 $485,000 $2,873 7.38%
EL PASO, TX (FHA|USDA|VA) 2 $480,000 $240,000 $4,471 6.88%
GREELEY, CO (FHA|USDA|VA) 1 $435,000 $435,000 $2,937 7.38%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $435,000 $435,000 $5,296 8.13%
COLUMBIA, SC (FHA|USDA|VA) 2 $430,000 $215,000 $4,970 6.94%
LOUISVILLE, KY (FHA|USDA|VA) 2 $410,000 $205,000 $5,222 6.68%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $365,000 $365,000 $16,497 6.25%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $355,000 $355,000 $4,737 7.38%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $355,000 $355,000 $7,899 6.99%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $345,000 $345,000 $13,354 7.00%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $345,000 $345,000 $4,014 6.99%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $345,000 $345,000 $5,484 6.99%
TUCSON, AZ (FHA|USDA|VA) 1 $335,000 $335,000 $10,642 6.63%
Stephenville, TX (FHA|USDA|VA) 1 $335,000 $335,000 $7,751 5.99%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $335,000 $335,000 $4,442 7.13%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $335,000 $335,000 $0 8.00%
YUMA, AZ (FHA|USDA|VA) 1 $315,000 $315,000 $5,873 6.50%
SAVANNAH, GA (FHA|USDA|VA) 1 $315,000 $315,000 $4,041 7.50%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $305,000 $305,000 $11,306 6.99%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $305,000 $305,000 $2,519 6.50%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $305,000 $305,000 $8,873 7.50%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $285,000 $285,000 $10,712 7.13%
LAWTON, OK (FHA|USDA|VA) 1 $275,000 $275,000 $3,905 7.75%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $275,000 $275,000 $15,206 6.63%
MIDLAND, MI (FHA|USDA|VA) 1 $265,000 $265,000 $3,148 7.50%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $265,000 $265,000 $3,362 6.13%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $265,000 $265,000 $0 7.63%
TOLEDO, OH (FHA|USDA|VA) 1 $255,000 $255,000 $3,916 6.50%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $245,000 $245,000 $10,747 6.38%
WACO, TX (FHA|USDA|VA) 1 $245,000 $245,000 $7,031 7.38%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $245,000 $245,000 $9,195 5.75%
HARRISONBURG, VA (FHA|USDA|VA) 1 $235,000 $235,000 $0 6.00%
NILES, MI (FHA|USDA|VA) 1 $235,000 $235,000 $0 6.50%
Boone, NC (FHA|USDA|VA) 1 $235,000 $235,000 $0 7.50%
Calhoun, GA (FHA|USDA|VA) 1 $235,000 $235,000 $0 8.63%
MONTGOMERY, AL (FHA|USDA|VA) 1 $225,000 $225,000 $3,863 6.25%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $225,000 $225,000 $3,626 6.75%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $220,000 $110,000 $3,630 7.00%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $215,000 $215,000 $10,218 7.25%
Sault Ste. Marie, MI (FHA|USDA|VA) 1 $215,000 $215,000 $2,769 6.50%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $215,000 $215,000 $3,593 5.88%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $215,000 $215,000 $4,174 5.99%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $215,000 $215,000 $0 8.13%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $215,000 $215,000 $10,684 6.00%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $205,000 $205,000 $4,021 7.13%
ELMIRA, NY (FHA|USDA|VA) 1 $205,000 $205,000 $4,975 6.00%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $205,000 $205,000 $4,604 6.99%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,367 6.88%
ALBANY, GA (FHA|USDA|VA) 1 $195,000 $195,000 $3,224 6.50%
COLUMBIA, MO (FHA|USDA|VA) 1 $185,000 $185,000 $2,472 6.50%
KINGSTON, NY (FHA|USDA|VA) 1 $185,000 $185,000 $4,389 6.38%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $185,000 $185,000 $2,775 5.50%
JOPLIN, MO (FHA|USDA|VA) 1 $165,000 $165,000 $0 7.13%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $165,000 $165,000 $8,929 4.75%
UTICA-ROME, NY (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.50%
Beaver Dam, WI (FHA|USDA|VA) 1 $125,000 $125,000 $3,594 7.00%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $105,000 $105,000 $3,008 8.00%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.50%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $85,000 $85,000 $2,660 6.50%
LUBBOCK, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.50%
Uif Corporation's top markets include Dallas, Chicago, New York, Detroit, and Atlanta among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,753 $617,805,000 $352,427 $6,471 6.97%

    For 2023, Uif Corporation's most frequently originated type of loan was Conventional, with 1,753 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,710 $609,040,000 $356,164 $6,504 6.97%
    Cash Out Refi 16 $2,920,000 $182,500 $5,458 7.19%
    Other 14 $2,860,000 $204,286 $4,424 7.05%
    Refi 9 $2,265,000 $251,667 $4,878 6.39%
    Home Improvement 4 $720,000 $180,000 $5,854 7.56%

    For 2023, Uif Corporation's most frequently cited loan purpose was Home Purchase, with 1,710 originations. The 2nd most popular reason was Cash Out Refi, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,532 $548,030,000 $357,722 $6,536 7.03%
    15 Year 177 $52,495,000 $296,582 $5,916 6.41%
    20 Year 33 $13,755,000 $416,818 $6,476 6.98%
    10 Year 11 $3,525,000 $320,455 $5,747 6.43%

    For 2023, Uif Corporation's most frequently cited loan duration was 30 Year, with 1,532 originations. The 2nd most popular length was 15 Year, with 177 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 473 $142,755,000 $301,808
    $<1k 360 $160,310,000 $445,306
    $5k+ 263 $116,575,000 $443,251
    $2k-3k 221 $71,735,000 $324,593
    $3k-4k 148 $51,440,000 $347,568
    $4k-5k 115 $41,015,000 $356,652

    Uif Corporation's average total fees were $6,536, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 473 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 860 $284,280,000 $330,558
    7-8% 680 $269,600,000 $396,471
    5-6% 141 $41,055,000 $291,170
    Over 8% 69 $22,065,000 $319,783
    4-5% 3 $805,000 $268,333

    During 2023, Uif Corporation's average interest rate for loans was 7.03%, while their most frequently originated rate bucket for loans was 6-7%, with 860 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 822 $242,840,000 $295,426 $6,055 6.92%
    $400k-600k 357 $173,105,000 $484,888 $8,178 6.98%
    $100k-200k 311 $47,515,000 $152,781 $4,457 6.92%
    $600k-1MM 153 $108,865,000 $711,536 $8,263 7.20%
    $100,000 or less 78 $6,150,000 $78,846 $3,450 7.03%
    $1MM+ 32 $39,330,000 $1,229,063 $8,258 7.30%

    2023 saw Uif Corporation place emphasis on $200k-400k loans with 822 originations, totaling $242,840,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 473 $164,275,000 $347,304 $6,875 7.07%
    $150k-250k 386 $171,530,000 $444,378 $7,619 7.11%
    $75k-100k 273 $78,255,000 $286,648 $6,079 6.87%
    $50k-75k 256 $58,520,000 $228,594 $5,337 6.71%
    $250k+ 197 $115,375,000 $585,660 $7,246 7.17%
    $50k or less 155 $22,935,000 $147,968 $4,298 6.62%

    Uif Corporation lent most frequently to those with incomes in the $100k-150k range, with 473 originations. The second most popular income band? $150k-250k, with 386 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 270 $97,300,000 $360,370 $6,260 6.99%
    20-30% 265 $88,095,000 $332,434 $5,895 6.96%
    49% 145 $48,135,000 $331,966 $7,222 6.82%
    42% 85 $33,605,000 $395,353 $6,580 7.04%
    <20% 84 $22,440,000 $267,143 $5,345 6.95%
    45% 82 $28,570,000 $348,415 $6,884 7.02%
    48% 80 $27,910,000 $348,875 $6,497 6.91%
    47% 78 $28,020,000 $359,231 $6,749 6.88%
    44% 77 $32,165,000 $417,727 $7,027 7.02%
    43% 75 $29,515,000 $393,533 $6,381 7.08%
    40% 70 $22,820,000 $326,000 $6,253 6.87%
    38% 68 $24,760,000 $364,118 $6,923 7.06%
    50-60% 67 $22,975,000 $342,910 $7,498 6.66%
    46% 66 $22,340,000 $338,485 $7,063 7.03%
    41% 64 $23,560,000 $368,125 $6,522 7.05%
    37% 59 $21,845,000 $370,254 $6,875 7.01%
    39% 59 $20,355,000 $345,000 $5,538 7.01%
    36% 49 $17,605,000 $359,286 $5,936 7.21%

    Uif Corporation lent most frequently to those with DTI ratios of 30-36%, with 270 originations. The next most common DTI ratio? 20-30%, with 265 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 1,029 $358,715,000 $348,605 $6,380 7.01%
    White 270 $92,020,000 $340,815 $5,824 6.96%
    Not provided 188 $72,290,000 $384,521 $6,703 7.00%
    Black 209 $71,775,000 $343,421 $7,349 6.79%
    Other Asian 21 $8,595,000 $409,286 $7,704 6.50%
    Not applicable 10 $5,790,000 $579,000 $0 7.20%
    Asian Indian 15 $4,705,000 $313,667 $5,905 6.94%
    American Indian 10 $3,670,000 $367,000 $7,434 6.77%
    Native Hawaiian or Islander 1 $245,000 $245,000 $5,975 7.38%

    Approval Rates

    Total approvals of all applications
    94.21%

    Uif Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    66.40%

    Uif Corporation 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
    NA 1,753 $617,805,000 $352,427

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,753 $617,805,000 $352,427

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 55 $11,485,000 $208,818 $4,781 6.75%
    40-60% 139 $39,455,000 $283,849 $5,547 6.80%
    60-80% 646 $225,450,000 $348,994 $6,686 7.03%
    80-100% 906 $340,800,000 $376,159 $6,591 6.96%
    Under 20% 7 $615,000 $87,857 $3,853 7.14%