Unify Financial Credit Union Mortgage Rates, Fees & Info

Torrance, CA

LEI: 549300FWYXJ79KO49290

Tax ID: 34-6541032

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Mortgage Data

Review & Overview

Unify Financial Credit Union is a smaller credit union specializing in Cash Out Refi and Home Purchase loans. Unify Financial Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Dallas, San Francisco, Oxnard, and Riverside among others. We have data for 91 markets. (Some data included below & more in-depth data is available with an active subscription.)

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

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 3/28/24
30 Year Conventional Purchase 6.34% 3/28/24
30 Year Conventional Refi 6.22% 3/28/24
30 Year Cash-out Refi 6.55% 3/28/24
30 Year FHA Purchase 7.27% 3/28/24
15 Year Conventional Purchase 6.41% 3/28/24
15 Year Conventional Refi 5.74% 3/28/24
15 Year Cash-out Refi 5.74% 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.

Unify Financial Credit Union Mortgage Calculator






Your Estimates

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

This is not an official calculator from Unify Financial 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

886

Origination Dollar Volume (All Markets)

$178,460,000
Show all (5) 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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 289 $65,775,000 $227,595 $3,489 5.22%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 119 $33,295,000 $279,790 $3,498 4.24%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 70 $16,370,000 $233,857 $3,239 5.34%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 54 $8,990,000 $166,481 $3,845 5.55%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 28 $5,350,000 $191,071 $3,533 5.10%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 26 $4,600,000 $176,923 $5,135 5.00%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 30 $4,150,000 $138,333 $2,836 4.69%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 30 $2,460,000 $82,000 $1,898 5.45%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 14 $2,330,000 $166,429 $2,416 5.25%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 9 $1,715,000 $190,556 $2,571 5.04%
Outside of Metro Areas 15 $1,705,000 $113,667 $2,574 5.23%
RENO, NV (FHA|USDA|VA) 6 $1,700,000 $283,333 $3,877 4.85%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 12 $1,590,000 $132,500 $3,096 5.43%
ANN ARBOR, MI (FHA|USDA|VA) 8 $1,500,000 $187,500 $1,780 4.75%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 7 $1,275,000 $182,143 $2,520 4.84%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 8 $1,230,000 $153,750 $3,053 5.36%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 0.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $1,025,000 $146,429 $3,214 4.50%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 5 $1,015,000 $203,000 $3,045 4.93%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $945,000 $315,000 $8,107 4.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 10 $920,000 $92,000 $3,288 4.74%
Tupelo, MS (FHA|USDA|VA) 4 $910,000 $227,500 $2,517 4.34%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $855,000 $285,000 $5,157 4.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 6 $850,000 $141,667 $2,014 4.79%
VALLEJO, CA (FHA|USDA|VA) 6 $770,000 $128,333 $2,404 5.65%
STOCKTON, CA (FHA|USDA|VA) 10 $690,000 $69,000 $1,623 6.29%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $655,000 $131,000 $2,178 5.55%
SALT LAKE CITY, UT (FHA|USDA|VA) 7 $635,000 $90,714 $0 5.71%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $625,000 $625,000 $14,103 4.88%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $615,000 $615,000 $0 3.63%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $525,000 $525,000 $3,077 4.50%
NAPA, CA (FHA|USDA|VA) 1 $505,000 $505,000 $7,449 4.38%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $480,000 $240,000 $0 7.19%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $475,000 $158,333 $0 5.00%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $430,000 $107,500 $0 5.06%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $425,000 $425,000 $6,838 4.00%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $415,000 $415,000 $0 3.50%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $395,000 $395,000 $5,602 4.75%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $390,000 $97,500 $3,206 6.59%
Outside of Metro Areas 1 $385,000 $385,000 $4,292 4.75%
EL PASO, TX (FHA|USDA|VA) 3 $345,000 $115,000 $3,286 4.83%
LOUISVILLE, KY (FHA|USDA|VA) 4 $330,000 $82,500 $1,550 5.34%
LOGAN, UT-ID (FHA|USDA|VA) 1 $325,000 $325,000 $2,330 4.75%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $315,000 $105,000 $4,917 4.38%
ST. GEORGE, UT (FHA|USDA|VA) 2 $300,000 $150,000 $5,797 5.44%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $280,000 $140,000 $2,391 5.06%
BAKERSFIELD, CA (FHA|USDA|VA) 2 $280,000 $140,000 $2,585 5.06%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $275,000 $275,000 $1,893 4.25%
LAS CRUCES, NM (FHA|USDA|VA) 1 $275,000 $275,000 $1,021 4.75%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.00%
TULSA, OK (FHA|USDA|VA) 2 $250,000 $125,000 $2,977 4.69%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $250,000 $125,000 $2,461 6.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $245,000 $81,667 $2,894 5.67%
SALINAS, CA (FHA|USDA|VA) 1 $245,000 $245,000 $3,043 4.88%
BOISE CITY, ID (FHA|USDA|VA) 1 $245,000 $245,000 $3,009 4.75%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $235,000 $235,000 $3,305 4.50%
Frankfort, KY (FHA|USDA|VA) 1 $235,000 $235,000 $2,504 3.38%
Centralia, WA (FHA|USDA|VA) 1 $205,000 $205,000 $2,819 4.63%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 4 $200,000 $50,000 $0 5.25%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $185,000 $185,000 $2,265 4.63%
Jasper, IN (FHA|USDA|VA) 3 $185,000 $61,667 $766 7.13%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $180,000 $90,000 $1,651 6.25%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.75%
Bluefield, WV-VA (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.50%
GAINESVILLE, GA (FHA|USDA|VA) 1 $165,000 $165,000 $5,050 4.63%
Heber, UT (FHA|USDA|VA) 2 $160,000 $80,000 $0 5.88%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $145,000 $145,000 $2,428 4.88%
BILLINGS, MT (FHA|USDA|VA) 1 $135,000 $135,000 $4,547 4.38%
Mount Sterling, KY (FHA|USDA|VA) 1 $135,000 $135,000 $2,327 3.88%
YUBA CITY, CA (FHA|USDA|VA) 1 $135,000 $135,000 $1,453 5.13%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $135,000 $135,000 $2,317 4.38%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.00%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $125,000 $125,000 $2,051 4.63%
Fallon, NV (FHA|USDA|VA) 1 $105,000 $105,000 $3,409 4.63%
Elko, NV (FHA|USDA|VA) 1 $95,000 $95,000 $3,029 4.50%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $85,000 $85,000 $1,556 3.88%
Point Pleasant, WV-OH (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.00%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $80,000 $40,000 $0 7.00%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $75,000 $75,000 $0 9.25%
SALEM, OR (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.25%
Richmond-Berea, KY (FHA|USDA|VA) 1 $55,000 $55,000 $1,873 4.25%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.25%
Summerville, GA (FHA|USDA|VA) 1 $55,000 $55,000 $2,654 4.38%
FRESNO, CA (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.00%
GADSDEN, AL (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.75%
VISALIA, CA (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.75%
FLORENCE, SC (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.00%
BRUNSWICK, GA (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.25%
CARSON CITY, NV (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.00%
MODESTO, CA (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.00%
JACKSON, MI (FHA|USDA|VA) 1 $15,000 $15,000 $0 9.25%
Unify Financial Credit Union's top markets include Los Angeles, Dallas, San Francisco, Oxnard, and Riverside among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against UNIFY FINANCIAL Credit Union 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
    HELOC 490 $51,630,000 $105,367 n/a 5.58%
    Conventional 396 $126,830,000 $320,278 $3,292 4.49%

    For 2018, Unify Financial Credit Union's most frequently originated type of loan was HELOC, with 490 originations. Their 2nd most popular type was Conventional, with 396 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 354 $33,410,000 $94,379 $2,367 5.65%
    Cash Out Refi 228 $59,840,000 $262,456 $3,231 5.01%
    Home Purchase 218 $66,890,000 $306,835 $3,543 4.38%
    Refi 44 $13,830,000 $314,318 $2,946 4.32%
    Home Improvement 40 $4,060,000 $101,500 $0 5.40%
    NA 2 $430,000 $215,000 $0 4.75%

    For 2018, Unify Financial Credit Union's most frequently cited loan purpose was Other, with 354 originations. The 2nd most popular reason was Cash Out Refi, with 228 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 772 $153,250,000 $198,510 $3,601 5.16%
    15 Year 87 $14,805,000 $170,172 $2,513 4.75%
    20 Year 20 $5,520,000 $276,000 $2,840 4.43%
    Other 7 $4,885,000 $697,857 $0 3.25%

    For 2018, Unify Financial Credit Union's most frequently cited loan duration was 30 Year, with 772 originations. The 2nd most popular length was 15 Year, with 87 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 294 $88,920,000 $302,449
    $1k-2k 41 $10,715,000 $261,341
    $5k+ 20 $10,160,000 $508,000
    $2k-3k 19 $6,705,000 $352,895
    $3k-4k 12 $4,500,000 $375,000
    $4k-5k 1 $225,000 $225,000

    Unify Financial Credit Union's average total fees were $3,601, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 294 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 458 $107,170,000 $233,996
    5-6% 139 $19,405,000 $139,604
    3-4% 122 $31,300,000 $256,557
    6-7% 86 $7,360,000 $85,581
    7-8% 39 $3,045,000 $78,077
    Over 8% 27 $2,075,000 $76,852
    2.5-3% 9 $3,435,000 $381,667

    During 2018, Unify Financial Credit Union's average interest rate for loans was 5.16%, while their most frequently originated rate bucket for loans was 4-5%, with 458 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 321 $18,445,000 $57,461 $1,911 5.70%
    $100k-200k 232 $31,850,000 $137,284 $2,533 5.15%
    $200k-400k 228 $63,200,000 $277,193 $3,396 4.51%
    $400k-600k 64 $30,790,000 $481,094 $4,626 4.33%
    $600k-1MM 33 $23,465,000 $711,061 $4,493 4.36%
    $1MM+ 8 $10,710,000 $1,338,750 $4,766 4.62%

    2018 saw Unify Financial Credit Union place emphasis on $100,000 or less loans with 321 originations, totaling $18,445,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 267 $48,585,000 $181,966 $3,205 5.11%
    $150k-250k 229 $57,985,000 $253,210 $4,271 5.11%
    $75k-100k 153 $22,465,000 $146,830 $3,295 5.06%
    $50k-75k 115 $13,875,000 $120,652 $2,358 5.17%
    $250k+ 71 $25,875,000 $364,437 $3,796 4.93%
    $50k or less 41 $4,145,000 $101,098 $2,589 5.16%

    Unify Financial Credit Union lent most frequently to those with incomes in the $100k-150k range, with 267 originations. The second most popular income band? $150k-250k, with 229 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 145 $26,255,000 $181,069 $2,848 4.80%
    30-36% 145 $28,135,000 $194,034 $3,234 4.98%
    42% 49 $12,255,000 $250,102 $2,987 5.40%
    43% 47 $8,895,000 $189,255 $3,906 5.50%
    49% 47 $10,475,000 $222,872 $4,146 4.82%
    39% 45 $10,055,000 $223,444 $2,987 5.70%
    44% 41 $6,365,000 $155,244 $2,635 5.94%
    40% 41 $6,265,000 $152,805 $3,394 5.21%
    45% 38 $7,830,000 $206,053 $3,690 4.92%
    41% 37 $7,375,000 $199,324 $2,601 4.99%
    <20% 35 $5,895,000 $168,429 $2,914 4.73%
    47% 33 $4,975,000 $150,758 $5,225 5.21%
    36% 32 $8,810,000 $275,313 $3,991 4.82%
    38% 29 $5,465,000 $188,448 $3,877 5.57%
    48% 29 $7,895,000 $272,241 $3,025 4.88%
    46% 27 $6,725,000 $249,074 $2,815 5.22%
    50-60% 22 $3,360,000 $152,727 $1,542 5.17%
    37% 20 $3,910,000 $195,500 $3,965 5.00%
    >60% 18 $2,850,000 $158,333 $2,497 4.53%

    Unify Financial Credit Union lent most frequently to those with DTI ratios of 20-30%, with 145 originations. The next most common DTI ratio? 30-36%, with 145 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 489 $93,075,000 $190,337 $3,354 5.02%
    Not provided 254 $49,810,000 $196,102 $3,410 5.22%
    Asian 67 $15,855,000 $236,642 $3,233 4.97%
    Black 58 $13,720,000 $236,552 $2,699 5.21%
    Not applicable 4 $3,640,000 $910,000 $0 0.00%
    Native Hawaiian or Islander 7 $975,000 $139,286 $5,657 5.96%
    American Indian 5 $855,000 $171,000 $1,515 5.75%
    Other Pacific Islander 1 $505,000 $505,000 $1,545 4.38%
    Filipino 1 $25,000 $25,000 $0 6.00%

    Approval Rates

    Total approvals of all applications
    61.65%

    Unify Financial Credit Union has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    67.04%

    Unify Financial Credit Union 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
    0.0 490 $51,630,000 $105,367
    NA 396 $126,830,000 $320,278

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 5 $3,465,000 $693,000
    Single Family (1-4 Units):Site-Built 881 $174,995,000 $198,632

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 181 $26,745,000 $147,762 $2,190 5.41%
    40-60% 89 $27,165,000 $305,225 $2,893 4.42%
    60-80% 158 $58,990,000 $373,354 $3,982 4.40%
    80-100% 113 $35,405,000 $313,319 $3,368 4.45%
    Under 20% 338 $26,820,000 $79,349 $1,352 5.66%