United Security Financial Corp Mortgage Rates, Fees & Info
MURRAY, UTLEI: 549300D7GVUYHQEDEE56
Tax ID: 87-0463610
Latest/2023 | 2022 Data | 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 Home Purchase loans. They have a a high proportion of FHA loans. United Security Financial Corp has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Atlanta, Miami, Memphis, Washington, and Las Vegas among others. We have data for 39 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 a high 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 | 7.00% | 4/21/24 |
| 30 Year Conventional Refi | 6.65% | 4/21/24 |
| 30 Year Cash-out Refi | 6.27% | 4/21/24 |
| 30 Year FHA Purchase | 7.73% | 4/21/24 |
| 30 Year FHA Refi | 7.22% | 4/21/24 |
| 30 Year VA Purchase | 6.58% | 4/21/24 |
| 30 Year VA Refi | 6.42% | 4/21/24 |
| 30 Year USDA Purchase | 6.27% | 4/21/24 |
| 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 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
105Origination Dollar Volume (All Markets)
$35,365,000Top 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) | 17 | $6,045,000 | $355,588 | $13,736 | 5.63% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 10 | $3,910,000 | $391,000 | $14,175 | 5.38% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 11 | $2,745,000 | $249,545 | $10,314 | 5.42% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 8 | $2,740,000 | $342,500 | $11,900 | 5.48% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 6 | $2,560,000 | $426,667 | $14,662 | 6.48% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $1,490,000 | $745,000 | $40,913 | 5.88% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $1,285,000 | $428,333 | $18,225 | 3.46% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $1,280,000 | $320,000 | $12,451 | 5.75% |
| Outside of Metro Areas | 4 | $1,270,000 | $317,500 | $9,493 | 4.31% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $10,235 | 4.63% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $14,803 | 4.88% |
| PROVO-OREM, UT (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $8,850 | 4.88% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $6,212 | 5.19% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $4,743 | 3.88% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $11,313 | 4.18% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $6,353 | 4.99% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $19,332 | 4.13% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $6,657 | 5.81% |
| Shelton, WA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $12,469 | 5.50% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $13,581 | 6.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $21,759 | 5.88% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $20,190 | 4.88% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $11,204 | 6.25% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $12,245 | 5.13% |
| MADERA, CA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $9,447 | 3.88% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $14,583 | 7.13% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,667 | 4.25% |
| Heber, UT (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $9,222 | 3.13% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $19,231 | 2.88% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,800 | 3.75% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,815 | 4.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $13,234 | 7.38% |
| Newport, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,843 | 5.38% |
| Kinston, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,310 | 6.88% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $12,730 | 5.50% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,907 | 3.50% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,279 | 6.13% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,164 | 6.38% |
| Americus, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,025 | 5.75% |
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.
Similarity Rank: 96
Similarity Rank: 236
Similarity Rank: 248
Similarity Rank: 268
Similarity Rank: 318
Similarity Rank: 370
Similarity Rank: 388
Similarity Rank: 450
Similarity Rank: 476
Similarity Rank: 544
Product Mix
For 2022, United Security Financial Corp's most frequently originated type of loan was FHA, with 57 originations. Their 2nd most popular type was Conventional, with 39 originations.
Loan Reason
For 2022, United Security Financial Corp's most frequently cited loan purpose was Home Purchase, with 86 originations. The 2nd most popular reason was Refi, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 105 | $35,365,000 | $336,810 | $12,466 | 5.30% |
For 2022, United Security Financial Corp's most frequently cited loan duration was 30 Year, with 105 originations.
Origination Fees/Closing Costs
United Security Financial Corp's average total fees were $12,466, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 61 originations.
Interest Rates
During 2022, United Security Financial Corp's average interest rate for loans was 5.30%, while their most frequently originated rate bucket for loans was 6-7%, with 31 originations.
Loan Sizing
2022 saw United Security Financial Corp place emphasis on $200k-400k loans with 59 originations, totaling $17,705,000 in origination value.
Applicant Income
United Security Financial Corp lent most frequently to those with incomes in the $100k-150k range, with 32 originations. The second most popular income band? $50k-75k, with 25 originations.
Applicant Debt to Income Ratio
United Security Financial Corp lent most frequently to those with DTI ratios of <20%, with 26 originations. The next most common DTI ratio? 50-60%, with 15 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.21%
United Security Financial Corp has an average approval rate.
Pick Rate
Approvals leading to origination10.48%
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 | 105 | $35,365,000 | $336,810 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| United Shore Financial Services, LLC | Conventional home mortgage | Closing on a mortgage | 1 | 33.3% |
| United Shore Financial Services, LLC | Conventional home mortgage | Trouble during payment process | 2 | 66.7% |