United Security Financial Corp Mortgage Rates, Fees & Info

MURRAY, UT

LEI: 549300D7GVUYHQEDEE56

Tax ID: 87-0463610

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

Jump to:

Mortgage Data

Review & Overview

United Security Financial Corp is a smaller mortgage company specializing in Refi, NA, and Home Purchase loans. They have an average proportion of FHA loans. United Security Financial Corp has an average proportion of conventional loans. Their top markets by origination volume include: Salt Lake City, Phoenix, Atlanta, Washington, and Ogden among others. We have data for 140 markets. (Some data included below & more in-depth data is available with an active subscription.)

United Security Financial Corp 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. United Security Financial Corp 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 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 7.00% 3/25/24
30 Year Conventional Refi 6.65% 3/25/24
30 Year Cash-out Refi 6.27% 3/25/24
30 Year FHA Purchase 7.73% 3/25/24
30 Year FHA Refi 7.22% 3/25/24
30 Year VA Purchase 6.58% 3/25/24
30 Year VA Refi 6.42% 3/25/24
30 Year USDA Purchase 6.27% 3/25/24
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 Security Financial Corp Mortgage Calculator






Your Estimates

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

This is not an official calculator from United Security Financial Corp. 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

516

Origination Dollar Volume (All Markets)

$137,090,000

Awards

UNITED SECURITY FINANCIAL CORP VA Loans gold UNITED SECURITY FINANCIAL CORP VA Loans bronze UNITED SECURITY FINANCIAL CORP VA Loans bronze UNITED SECURITY FINANCIAL CORP VA Loans bronze
Show all (4) 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
SALT LAKE CITY, UT (FHA|USDA|VA) 52 $14,880,000 $286,154 $7,041 4.74%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 28 $7,430,000 $265,357 $5,389 4.04%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 35 $7,235,000 $206,714 $6,223 4.64%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 18 $5,590,000 $310,556 $7,809 4.49%
Outside of Metro Areas 17 $4,935,000 $290,294 $6,876 6.24%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 21 $4,755,000 $226,429 $6,960 4.62%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 12 $4,180,000 $348,333 $5,810 3.85%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 14 $4,140,000 $295,714 $4,611 3.82%
PROVO-OREM, UT (FHA|USDA|VA) 12 $3,830,000 $319,167 $6,695 4.45%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 10 $3,430,000 $343,000 $5,069 3.51%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 10 $2,550,000 $255,000 $5,312 3.73%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $2,415,000 $268,333 $7,100 4.11%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 7 $2,165,000 $309,286 $6,824 4.14%
SALEM, OR (FHA|USDA|VA) 7 $1,905,000 $272,143 $5,038 3.96%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $1,680,000 $420,000 $6,199 4.44%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 6 $1,670,000 $278,333 $5,206 3.77%
COLORADO SPRINGS, CO (FHA|USDA|VA) 7 $1,645,000 $235,000 $4,036 3.95%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,445,000 $206,429 $4,927 4.16%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 5 $1,405,000 $281,000 $6,967 3.95%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,335,000 $267,000 $5,011 4.28%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $1,315,000 $263,000 $6,684 3.75%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $1,295,000 $259,000 $6,453 4.88%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 5 $1,285,000 $257,000 $4,615 4.10%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,260,000 $315,000 $4,031 3.91%
ANCHORAGE, AK (FHA|USDA|VA) 4 $1,230,000 $307,500 $4,671 4.06%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $1,160,000 $290,000 $5,719 4.09%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 5 $1,125,000 $225,000 $7,607 5.13%
RALEIGH-CARY, NC (FHA|USDA|VA) 4 $1,120,000 $280,000 $5,426 4.66%
COLUMBUS, OH (FHA|USDA|VA) 5 $1,095,000 $219,000 $3,526 4.03%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $1,055,000 $351,667 $7,753 3.63%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $990,000 $247,500 $2,555 4.25%
BOISE CITY, ID (FHA|USDA|VA) 4 $990,000 $247,500 $4,201 4.06%
GREELEY, CO (FHA|USDA|VA) 3 $985,000 $328,333 $5,015 4.04%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $975,000 $325,000 $6,186 3.88%
FRESNO, CA (FHA|USDA|VA) 4 $960,000 $240,000 $3,388 4.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $960,000 $240,000 $5,231 3.81%
STOCKTON, CA (FHA|USDA|VA) 3 $955,000 $318,333 $5,529 3.88%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $950,000 $237,500 $4,906 4.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $910,000 $227,500 $4,198 3.81%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $875,000 $291,667 $6,296 3.38%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $825,000 $165,000 $4,024 3.73%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $815,000 $271,667 $4,843 3.71%
JACKSONVILLE, FL (FHA|USDA|VA) 4 $790,000 $197,500 $3,842 4.41%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $770,000 $385,000 $4,282 4.31%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 3 $745,000 $248,333 $6,034 3.71%
RICHMOND, VA (FHA|USDA|VA) 3 $745,000 $248,333 $6,394 3.33%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $730,000 $182,500 $5,703 3.81%
VALLEJO, CA (FHA|USDA|VA) 2 $710,000 $355,000 $11,048 4.25%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 3 $705,000 $235,000 $3,945 4.13%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $695,000 $231,667 $4,829 3.54%
MERCED, CA (FHA|USDA|VA) 3 $695,000 $231,667 $5,023 3.83%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $680,000 $340,000 $2,641 4.25%
TUCSON, AZ (FHA|USDA|VA) 3 $655,000 $218,333 $3,788 4.13%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $645,000 $645,000 $2,637 4.13%
LAS CRUCES, NM (FHA|USDA|VA) 2 $620,000 $310,000 $4,901 3.25%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $620,000 $310,000 $7,682 3.38%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $615,000 $205,000 $3,510 3.71%
DULUTH, MN-WI (FHA|USDA|VA) 1 $535,000 $535,000 $8,214 4.38%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $520,000 $260,000 $3,808 4.13%
Columbus, NE (FHA|USDA|VA) 2 $520,000 $260,000 $4,270 3.75%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $510,000 $255,000 $3,220 3.88%
Helena, MT (FHA|USDA|VA) 2 $500,000 $250,000 $4,725 3.88%
FORT COLLINS, CO (FHA|USDA|VA) 2 $500,000 $250,000 $4,621 3.63%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $500,000 $250,000 $3,464 3.94%
VISALIA, CA (FHA|USDA|VA) 2 $490,000 $245,000 $7,083 3.81%
LOUISVILLE, KY (FHA|USDA|VA) 2 $490,000 $245,000 $4,389 3.69%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $485,000 $485,000 $9,640 5.25%
KNOXVILLE, TN (FHA|USDA|VA) 2 $480,000 $240,000 $5,653 3.50%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $480,000 $240,000 $3,286 3.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $480,000 $240,000 $6,106 3.94%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $455,000 $455,000 $4,363 3.88%
RENO, NV (FHA|USDA|VA) 2 $430,000 $215,000 $4,104 3.63%
PUEBLO, CO (FHA|USDA|VA) 2 $430,000 $215,000 $2,881 4.00%
YUMA, AZ (FHA|USDA|VA) 2 $430,000 $215,000 $3,581 3.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $430,000 $215,000 $4,138 4.00%
Cambridge, MD (FHA|USDA|VA) 1 $425,000 $425,000 $6,913 3.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $395,000 $395,000 $2,777 4.13%
Shelton, WA (FHA|USDA|VA) 1 $395,000 $395,000 $2,587 3.38%
Pahrump, NV (FHA|USDA|VA) 2 $390,000 $195,000 $3,723 3.88%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $390,000 $195,000 $4,999 3.38%
Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $390,000 $195,000 $2,872 3.88%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $365,000 $365,000 $7,937 3.38%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $365,000 $365,000 $4,633 4.13%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $360,000 $180,000 $5,679 4.13%
MISSOULA, MT (FHA|USDA|VA) 1 $355,000 $355,000 $2,686 3.88%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $345,000 $345,000 $3,326 3.88%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $335,000 $335,000 $2,619 3.88%
Outside of Metro Areas 1 $315,000 $315,000 $5,510 3.88%
Richmond-Berea, KY (FHA|USDA|VA) 1 $305,000 $305,000 $8,717 2.88%
Port Angeles, WA (FHA|USDA|VA) 1 $305,000 $305,000 $8,692 3.38%
Chillicothe, OH (FHA|USDA|VA) 1 $305,000 $305,000 $3,967 3.88%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $295,000 $295,000 $8,475 4.13%
Brookings, OR (FHA|USDA|VA) 1 $295,000 $295,000 $4,089 3.88%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $295,000 $295,000 $0 3.75%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $8,270 3.38%
Willmar, MN (FHA|USDA|VA) 1 $275,000 $275,000 $11,164 40.81%
FLORENCE, SC (FHA|USDA|VA) 1 $275,000 $275,000 $14,527 5.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $265,000 $265,000 $4,408 4.38%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $265,000 $265,000 $4,784 4.38%
WICHITA, KS (FHA|USDA|VA) 1 $265,000 $265,000 $7,443 4.00%
SAVANNAH, GA (FHA|USDA|VA) 1 $255,000 $255,000 $3,602 4.88%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $255,000 $255,000 $4,666 3.88%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $245,000 $245,000 $4,524 3.88%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $245,000 $245,000 $3,166 3.88%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $235,000 $235,000 $11,765 4.88%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $235,000 $235,000 $7,213 4.13%
DECATUR, AL (FHA|USDA|VA) 1 $235,000 $235,000 $5,730 3.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $235,000 $235,000 $3,791 4.13%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $235,000 $235,000 $3,485 3.88%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $235,000 $235,000 $4,483 3.88%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $235,000 $235,000 $6,772 3.00%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $225,000 $225,000 $4,243 3.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $215,000 $215,000 $4,016 3.88%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $215,000 $215,000 $7,860 2.88%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $205,000 $205,000 $4,676 4.38%
Bemidji, MN (FHA|USDA|VA) 1 $205,000 $205,000 $2,542 4.38%
PANAMA CITY, FL (FHA|USDA|VA) 1 $205,000 $205,000 $4,124 3.88%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $205,000 $205,000 $4,592 3.38%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $205,000 $205,000 $4,045 3.88%
EL CENTRO, CA (FHA|USDA|VA) 1 $205,000 $205,000 $2,903 4.38%
THE VILLAGES, FL (FHA|USDA|VA) 1 $205,000 $205,000 $7,069 4.13%
Mount Vernon, OH (FHA|USDA|VA) 1 $195,000 $195,000 $5,735 3.38%
GADSDEN, AL (FHA|USDA|VA) 1 $195,000 $195,000 $5,351 3.38%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $195,000 $195,000 $2,518 3.88%
LAFAYETTE, LA (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.38%
PEORIA, IL (FHA|USDA|VA) 1 $195,000 $195,000 $6,326 3.13%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $195,000 $195,000 $0 3.88%
GREEN BAY, WI (FHA|USDA|VA) 1 $185,000 $185,000 $3,895 3.88%
Roseburg, OR (FHA|USDA|VA) 1 $185,000 $185,000 $5,816 3.38%
ROCHESTER, MN (FHA|USDA|VA) 1 $175,000 $175,000 $5,714 3.88%
STAUNTON, VA (FHA|USDA|VA) 1 $175,000 $175,000 $4,029 3.88%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $175,000 $175,000 $4,088 3.63%
Poplar Bluff, MO (FHA|USDA|VA) 1 $165,000 $165,000 $2,438 3.88%
Americus, GA (FHA|USDA|VA) 1 $165,000 $165,000 $3,101 3.38%
LONGVIEW, WA (FHA|USDA|VA) 1 $165,000 $165,000 $5,574 3.88%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $165,000 $165,000 $5,507 3.38%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $165,000 $165,000 $2,751 3.88%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $155,000 $155,000 $5,236 4.13%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $145,000 $145,000 $3,681 3.38%
PITTSBURGH, PA (FHA|USDA|VA) 1 $85,000 $85,000 $2,378 5.00%
United Security Financial Corp's top markets include Salt Lake City, Phoenix, Atlanta, Washington, and Ogden among others.

Their top states include:
  • Utah (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Similar Lenders

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

    Christian Community Credit Union
    Similarity Rank: 220
    Jordan Federal Credit Union
    Similarity Rank: 245
    WEBER STATE FEDERAL CREDIT UNION
    Similarity Rank: 329
    INDIANA UNIVERSITY CREDIT UNION
    Similarity Rank: 434
    SOUTHLAND CREDIT UNION
    Similarity Rank: 464
    CHARTWAY FEDERAL CREDIT UNION
    Similarity Rank: 470
    Victory Community Bank
    Similarity Rank: 480
    Emory Alliance Credit Union
    Similarity Rank: 516

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    VA 335 $93,075,000 $277,836 $4,874 4.02%
    FHA 138 $32,110,000 $232,681 $7,840 4.73%
    Conventional 40 $11,260,000 $281,500 $5,163 4.93%
    VA 3 $645,000 $215,000 $0 3.83%

    For 2019, United Security Financial Corp's most frequently originated type of loan was VA, with 335 originations. Their 2nd most popular type was FHA, with 138 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 273 $72,835,000 $266,795 $5,417 4.03%
    NA 122 $33,810,000 $277,131 $4,516 3.86%
    Home Purchase 117 $29,405,000 $251,325 $7,524 4.99%
    Cash Out Refi 4 $1,040,000 $260,000 $8,065 13.23%

    For 2019, United Security Financial Corp's most frequently cited loan purpose was Refi, with 273 originations. The 2nd most popular reason was NA, with 122 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 499 $133,155,000 $266,844 $5,730 4.30%
    Other 14 $3,360,000 $240,000 $4,768 3.88%
    15 Year 2 $320,000 $160,000 $3,317 3.31%
    20 Year 1 $255,000 $255,000 $6,083 3.38%

    For 2019, United Security Financial Corp's most frequently cited loan duration was 30 Year, with 499 originations. The 2nd most popular length was Other, with 14 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 255 $61,555,000 $241,392
    $2k-3k 92 $28,000,000 $304,348
    $5k+ 62 $20,850,000 $336,290
    $3k-4k 40 $10,430,000 $260,750
    $4k-5k 38 $9,280,000 $244,211
    $<1k 22 $5,450,000 $247,727

    United Security Financial Corp's average total fees were $5,730, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 255 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 272 $73,530,000 $270,331
    4-5% 158 $42,120,000 $266,582
    5-6% 63 $14,845,000 $235,635
    2.5-3% 10 $2,680,000 $268,000
    <2.5% 2 $660,000 $330,000
    6-7% 2 $630,000 $315,000
    Over 8% 2 $670,000 $335,000

    During 2019, United Security Financial Corp's average interest rate for loans was 4.30%, while their most frequently originated rate bucket for loans was 3-4%, with 272 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 346 $95,730,000 $276,676 $5,868 4.35%
    $100k-200k 124 $21,500,000 $173,387 $4,911 4.24%
    $400k-600k 41 $18,885,000 $460,610 $6,968 3.91%
    $100,000 or less 4 $330,000 $82,500 $2,957 4.28%
    $600k-1MM 1 $645,000 $645,000 $2,637 4.13%

    2019 saw United Security Financial Corp place emphasis on $200k-400k loans with 346 originations, totaling $95,730,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 367 $95,475,000 $260,150 $5,317 4.02%
    $50k-75k 36 $8,580,000 $238,333 $7,458 4.89%
    $75k-100k 33 $8,525,000 $258,333 $8,428 6.45%
    $100k-150k 23 $8,065,000 $350,652 $7,928 4.72%
    $150k-250k 6 $2,250,000 $375,000 $6,526 4.56%
    $250k+ 2 $720,000 $360,000 $11,840 4.88%

    United Security Financial Corp lent most frequently to those with incomes in the $50k or less range, with 367 originations. The second most popular income band? $50k-75k, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 262 $71,360,000 $272,366 $5,075 3.80%
    50-60% 25 $6,275,000 $251,000 $8,610 4.93%
    30-36% 15 $4,015,000 $267,667 $8,130 4.84%
    20-30% 10 $3,120,000 $312,000 $6,617 4.41%
    39% 10 $2,640,000 $264,000 $4,942 4.99%
    48% 10 $2,270,000 $227,000 $6,999 5.35%
    49% 8 $2,160,000 $270,000 $7,734 4.83%
    42% 8 $2,230,000 $278,750 $7,809 5.17%
    45% 7 $1,855,000 $265,000 $7,518 4.46%
    40% 7 $1,705,000 $243,571 $6,901 10.44%
    46% 6 $1,600,000 $266,667 $9,061 5.27%
    43% 6 $1,160,000 $193,333 $8,407 5.13%
    36% 5 $1,395,000 $279,000 $7,022 4.23%
    37% 4 $1,030,000 $257,500 $4,177 4.75%
    41% 4 $1,100,000 $275,000 $10,703 5.59%
    47% 3 $1,075,000 $358,333 $6,778 4.75%
    44% 3 $475,000 $158,333 $5,573 4.67%
    38% 2 $430,000 $215,000 $7,235 5.31%

    United Security Financial Corp lent most frequently to those with DTI ratios of <20%, with 262 originations. The next most common DTI ratio? 50-60%, with 25 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 362 $97,850,000 $270,304 $5,467 4.18%
    Black 112 $28,480,000 $254,286 $6,504 4.39%
    Not provided 29 $7,335,000 $252,931 $5,134 5.31%
    Asian 7 $1,935,000 $276,429 $6,157 3.52%
    American Indian 3 $765,000 $255,000 $6,437 3.83%
    Native Hawaiian or Islander 3 $725,000 $241,667 $7,224 4.88%

    Approval Rates

    Total approvals of all applications
    99.36%

    United Security Financial Corp has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    49.81%

    United Security Financial Corp 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 516 $137,090,000 $265,678

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2 $350,000 $175,000
    Single Family (1-4 Units):Site-Built 514 $136,740,000 $266,031

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $155,000 $155,000 $3,317 3.25%
    40-60% 9 $2,285,000 $253,889 $4,352 3.97%
    60-80% 22 $5,820,000 $264,545 $4,744 4.21%
    80-100% 278 $73,220,000 $263,381 $5,903 4.46%
    Over 100% 24 $6,330,000 $263,750 $5,211 3.76%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    United Shore Financial Services, LLC FHA mortgage Closing on a mortgage 2 6.1%
    United Shore Financial Services, LLC FHA mortgage Trouble during payment process 4 12.1%
    United Shore Financial Services, LLC VA mortgage Trouble during payment process 1 3.0%
    United Shore Financial Services, LLC VA mortgage Closing on a mortgage 2 6.1%
    United Shore Financial Services, LLC VA mortgage Applying for a mortgage or refinancing an existing mortgage 4 12.1%
    United Shore Financial Services, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 6.1%
    United Shore Financial Services, LLC Conventional home mortgage Incorrect information on your report 1 3.0%
    United Shore Financial Services, LLC Conventional home mortgage Struggling to pay mortgage 2 6.1%
    United Shore Financial Services, LLC Conventional home mortgage Trouble during payment process 15 45.5%