Union Savings Bank Mortgage Rates, Fees & Info

Cincinnati, OH

LEI: 549300HFBEONQN2CK447

Tax ID: 31-0473290

5 stars - Updated: 5/11/25 - out of 5 stars, based on 83 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Union Savings Bank is a small bank specializing in Home Purchase loans. Union Savings Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Cincinnati, Columbus, Dayton, Indianapolis, and Pittsburgh among others. We have data for 154 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Union Savings Bank 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. Union Savings Bank 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
    Home Equity Line of Credit (HELOC) 7.90% 5/11/25
    30 Year Conventional Purchase 6.96% 5/11/25
    30 Year Conventional Refi 6.75% 5/11/25
    30 Year Cash-out Refi 6.98% 5/11/25
    30 Year FHA Purchase 7.08% 5/11/25
    30 Year FHA Refi 6.78% 5/11/25
    30 Year VA Purchase 6.28% 5/11/25
    30 Year VA Refi 5.92% 5/11/25
    30 Year USDA Purchase 6.81% 5/11/25
    15 Year Conventional Purchase 6.16% 5/11/25
    15 Year Conventional Refi 6.13% 5/11/25
    15 Year Cash-out Refi 6.13% 5/11/25
    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.

    Union Savings Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Union Savings Bank. 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

    6,831

    Origination Dollar Volume (All Markets)

    $1,804,445,000
    Show all (34) awards

    Relative Rate

    Union Savings Bank's average 30 year fixed mortgage rate was 6.86%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.31%.

    Relative Fees (Closing Costs)

    Union Savings Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $3,397.

    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 $8,356.

    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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1,958 $510,500,000 $260,725 $2,574 7.33%
    COLUMBUS, OH (FHA|USDA|VA) 1,156 $341,650,000 $295,545 $3,360 7.26%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1,288 $293,540,000 $227,904 $2,760 6.99%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 780 $198,460,000 $254,436 $2,496 7.12%
    PITTSBURGH, PA (FHA|USDA|VA) 419 $105,985,000 $252,947 $4,599 7.00%
    FORT WAYNE, IN (FHA|USDA|VA) 207 $47,735,000 $230,604 $2,506 7.11%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 158 $42,930,000 $271,709 $4,154 7.00%
    Outside of Metro Areas 83 $20,535,000 $247,410 $3,460 7.10%
    SPRINGFIELD, OH (FHA|USDA|VA) 68 $16,030,000 $235,735 $3,285 7.17%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 31 $15,125,000 $487,903 $6,134 7.18%
    COLUMBUS, IN (FHA|USDA|VA) 53 $13,655,000 $257,642 $1,701 7.18%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 19 $11,195,000 $589,211 $14,350 7.64%
    Wilmington, OH (FHA|USDA|VA) 31 $8,525,000 $275,000 $2,493 6.92%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 6 $7,970,000 $1,328,333 $15,725 7.56%
    New Castle, PA (FHA|USDA|VA) 43 $7,885,000 $183,372 $4,390 6.65%
    AKRON, OH (FHA|USDA|VA) 29 $7,815,000 $269,483 $4,102 7.02%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 5 $7,735,000 $1,547,000 $14,640 7.00%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $7,135,000 $792,778 $8,778 7.50%
    KNOXVILLE, TN (FHA|USDA|VA) 9 $5,895,000 $655,000 $7,413 6.97%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $5,600,000 $700,000 $5,755 7.31%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 8 $5,040,000 $630,000 $3,139 7.14%
    Washington Court House, OH (FHA|USDA|VA) 26 $4,920,000 $189,231 $3,333 7.36%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 10 $4,390,000 $439,000 $5,742 7.41%
    BLOOMINGTON, IN (FHA|USDA|VA) 18 $4,060,000 $225,556 $1,800 7.32%
    Mount Vernon, OH (FHA|USDA|VA) 12 $4,000,000 $333,333 $4,971 7.47%
    Sidney, OH (FHA|USDA|VA) 19 $3,875,000 $203,947 $2,593 7.20%
    LOUISVILLE, KY (FHA|USDA|VA) 13 $3,755,000 $288,846 $4,504 7.54%
    Angola, IN (FHA|USDA|VA) 10 $3,550,000 $355,000 $3,080 7.75%
    Indiana, PA (FHA|USDA|VA) 21 $3,405,000 $162,143 $3,597 6.40%
    TOLEDO, OH (FHA|USDA|VA) 12 $3,090,000 $257,500 $2,976 7.24%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 12 $2,570,000 $214,167 $3,674 7.06%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 7 $2,525,000 $360,714 $3,099 6.79%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 11 $2,425,000 $220,455 $4,856 6.70%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 8 $2,360,000 $295,000 $2,766 6.81%
    Warsaw, IN (FHA|USDA|VA) 10 $2,330,000 $233,000 $2,340 7.25%
    Bellefontaine, OH (FHA|USDA|VA) 8 $2,250,000 $281,250 $5,621 7.28%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $2,140,000 $535,000 $4,215 7.69%
    Chillicothe, OH (FHA|USDA|VA) 10 $2,100,000 $210,000 $4,509 7.63%
    SALINAS, CA (FHA|USDA|VA) 1 $1,855,000 $1,855,000 $36,781 7.63%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $1,720,000 $860,000 $3,763 7.19%
    Wapakoneta, OH (FHA|USDA|VA) 4 $1,700,000 $425,000 $5,822 7.69%
    Key West, FL (FHA|USDA|VA) 2 $1,660,000 $830,000 $2,488 7.25%
    Auburn, IN (FHA|USDA|VA) 8 $1,650,000 $206,250 $2,639 7.75%
    RALEIGH-CARY, NC (FHA|USDA|VA) 3 $1,625,000 $541,667 $4,146 6.75%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 4 $1,600,000 $400,000 $8,089 6.31%
    ERIE, PA (FHA|USDA|VA) 6 $1,580,000 $263,333 $4,767 6.65%
    Huntington, IN (FHA|USDA|VA) 6 $1,550,000 $258,333 $2,170 6.58%
    Urbana, OH (FHA|USDA|VA) 8 $1,490,000 $186,250 $4,772 7.48%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $1,465,000 $488,333 $3,776 6.96%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $1,450,000 $362,500 $3,146 6.66%
    Greenville, OH (FHA|USDA|VA) 8 $1,410,000 $176,250 $4,123 6.78%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $1,400,000 $233,333 $4,333 6.75%
    Marion, IN (FHA|USDA|VA) 4 $1,380,000 $345,000 $1,911 7.19%
    Decatur, IN (FHA|USDA|VA) 3 $1,275,000 $425,000 $2,247 7.17%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $1,260,000 $630,000 $8,400 6.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $1,220,000 $610,000 $9,337 7.38%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $1,195,000 $398,333 $7,655 7.00%
    Wooster, OH (FHA|USDA|VA) 4 $1,160,000 $290,000 $2,878 6.91%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $1,150,000 $575,000 $8,550 6.81%
    MANSFIELD, OH (FHA|USDA|VA) 3 $1,085,000 $361,667 $3,548 7.83%
    Athens, TN (FHA|USDA|VA) 2 $1,030,000 $515,000 $3,220 6.75%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $1,020,000 $255,000 $4,608 7.75%
    MUNCIE, IN (FHA|USDA|VA) 6 $1,020,000 $170,000 $1,259 7.33%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 5 $985,000 $197,000 $1,587 6.90%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $970,000 $485,000 $2,529 6.63%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $930,000 $465,000 $13,919 6.75%
    Greensburg, IN (FHA|USDA|VA) 5 $885,000 $177,000 $2,188 6.63%
    Richmond, IN (FHA|USDA|VA) 3 $845,000 $281,667 $3,253 6.67%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $820,000 $410,000 $3,695 7.00%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $820,000 $410,000 $3,584 6.94%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 3 $795,000 $265,000 $3,041 6.42%
    CLEVELAND, TN (FHA|USDA|VA) 2 $750,000 $375,000 $5,026 6.19%
    Somerset, KY (FHA|USDA|VA) 4 $750,000 $187,500 $1,578 8.00%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 4 $740,000 $185,000 $1,587 7.44%
    THE VILLAGES, FL (FHA|USDA|VA) 4 $740,000 $185,000 $2,381 7.13%
    Orangeburg, SC (FHA|USDA|VA) 1 $735,000 $735,000 $13,794 7.50%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $655,000 $655,000 $8,749 6.50%
    Bluffton, IN (FHA|USDA|VA) 2 $620,000 $310,000 $4,258 6.25%
    Athens, OH (FHA|USDA|VA) 3 $615,000 $205,000 $4,258 6.67%
    Ludington, MI (FHA|USDA|VA) 1 $605,000 $605,000 $3,046 7.00%
    Crawfordsville, IN (FHA|USDA|VA) 2 $600,000 $300,000 $1,303 6.75%
    Kendallville, IN (FHA|USDA|VA) 4 $580,000 $145,000 $3,236 6.50%
    Portsmouth, OH (FHA|USDA|VA) 3 $575,000 $191,667 $1,379 7.08%
    KOKOMO, IN (FHA|USDA|VA) 5 $565,000 $113,000 $837 7.23%
    Fremont, OH (FHA|USDA|VA) 4 $560,000 $140,000 $5,319 6.94%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $530,000 $265,000 $12,286 7.13%
    Zanesville, OH (FHA|USDA|VA) 3 $525,000 $175,000 $1,849 7.83%
    Findlay, OH (FHA|USDA|VA) 1 $525,000 $525,000 $900 6.50%
    Plymouth, IN (FHA|USDA|VA) 1 $515,000 $515,000 $3,728 7.50%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 4 $500,000 $125,000 $0 6.63%
    RICHMOND, VA (FHA|USDA|VA) 1 $495,000 $495,000 $3,108 7.00%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $485,000 $485,000 $8,358 6.25%
    Seymour, IN (FHA|USDA|VA) 1 $485,000 $485,000 $1,498 6.50%
    Frankfort, KY (FHA|USDA|VA) 1 $485,000 $485,000 $7,992 7.50%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $470,000 $235,000 $4,360 7.38%
    Traverse City, MI (FHA|USDA|VA) 1 $425,000 $425,000 $0 6.50%
    Cambridge, OH (FHA|USDA|VA) 2 $410,000 $205,000 $3,046 8.38%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $400,000 $200,000 $2,914 6.31%
    Washington, IN (FHA|USDA|VA) 1 $395,000 $395,000 $2,394 6.50%
    BOWLING GREEN, KY (FHA|USDA|VA) 1 $385,000 $385,000 $8,252 6.13%
    Ashland, OH (FHA|USDA|VA) 2 $380,000 $190,000 $1,993 6.00%
    SAVANNAH, GA (FHA|USDA|VA) 1 $375,000 $375,000 $12,308 5.75%
    SALEM, OR (FHA|USDA|VA) 1 $355,000 $355,000 $0 9.00%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $355,000 $355,000 $2,102 7.75%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $350,000 $175,000 $2,244 6.44%
    RENO, NV (FHA|USDA|VA) 1 $335,000 $335,000 $12,416 6.13%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $335,000 $335,000 $13,729 7.38%
    London, KY (FHA|USDA|VA) 1 $325,000 $325,000 $3,499 6.50%
    Danville, KY (FHA|USDA|VA) 1 $325,000 $325,000 $5,875 6.25%
    LIMA, OH (FHA|USDA|VA) 2 $320,000 $160,000 $4,816 6.19%
    Scottsburg, IN (FHA|USDA|VA) 1 $315,000 $315,000 $0 7.50%
    NILES, MI (FHA|USDA|VA) 1 $305,000 $305,000 $7,735 7.50%
    Cadillac, MI (FHA|USDA|VA) 1 $305,000 $305,000 $2,953 6.75%
    Olean, NY (FHA|USDA|VA) 1 $305,000 $305,000 $5,215 6.50%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $285,000 $285,000 $14,267 6.00%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $285,000 $285,000 $0 5.75%
    Marion, OH (FHA|USDA|VA) 3 $285,000 $95,000 $2,403 8.75%
    LEBANON, PA (FHA|USDA|VA) 1 $275,000 $275,000 $3,566 7.00%
    Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $255,000 $255,000 $4,822 7.00%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $245,000 $245,000 $7,632 6.50%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $245,000 $245,000 $3,303 7.00%
    Wabash, IN (FHA|USDA|VA) 1 $235,000 $235,000 $1,979 7.25%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $235,000 $235,000 $7,544 6.50%
    Coshocton, OH (FHA|USDA|VA) 2 $220,000 $110,000 $2,141 7.38%
    ALTOONA, PA (FHA|USDA|VA) 1 $215,000 $215,000 $3,740 7.25%
    Norwalk, OH (FHA|USDA|VA) 3 $215,000 $71,667 $1,807 7.08%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $215,000 $215,000 $4,193 6.50%
    McAlester, OK (FHA|USDA|VA) 1 $215,000 $215,000 $3,073 6.50%
    WHEELING, WV-OH (FHA|USDA|VA) 1 $215,000 $215,000 $2,741 6.38%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $205,000 $205,000 $0 7.88%
    MOBILE, AL (FHA|USDA|VA) 1 $205,000 $205,000 $5,529 7.00%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $195,000 $195,000 $3,019 7.25%
    VALLEJO, CA (FHA|USDA|VA) 1 $185,000 $185,000 $0 9.50%
    Somerset, PA (FHA|USDA|VA) 1 $185,000 $185,000 $0 7.63%
    New Castle, IN (FHA|USDA|VA) 2 $180,000 $90,000 $4,991 7.81%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $175,000 $175,000 $2,218 6.75%
    Meadville, PA (FHA|USDA|VA) 1 $165,000 $165,000 $0 10.50%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $165,000 $165,000 $3,621 6.75%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,744 7.50%
    Warren, PA (FHA|USDA|VA) 1 $145,000 $145,000 $4,562 6.00%
    Greenwood, SC (FHA|USDA|VA) 1 $145,000 $145,000 $3,240 7.25%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $145,000 $145,000 $6,716 6.25%
    Van Wert, OH (FHA|USDA|VA) 2 $140,000 $70,000 $3,643 8.06%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $135,000 $135,000 $2,196 6.50%
    Bedford, IN (FHA|USDA|VA) 1 $135,000 $135,000 $988 5.88%
    Hillsdale, MI (FHA|USDA|VA) 1 $115,000 $115,000 $2,114 7.00%
    Point Pleasant, WV-OH (FHA|USDA|VA) 1 $105,000 $105,000 $3,015 6.25%
    Oil City, PA (FHA|USDA|VA) 1 $95,000 $95,000 $2,071 7.50%
    Mount Gay-Shamrock, WV (FHA|USDA|VA) 1 $85,000 $85,000 $2,374 7.25%
    Bucyrus-Galion, OH (FHA|USDA|VA) 1 $75,000 $75,000 $1,695 6.75%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.88%
    Frankfort, IN (FHA|USDA|VA) 1 $55,000 $55,000 $0 9.00%
    Connersville, IN (FHA|USDA|VA) 1 $35,000 $35,000 $1,226 7.00%
    North Vernon, IN (FHA|USDA|VA) 1 $35,000 $35,000 $905 6.50%
    Union Savings Bank's top markets include Cincinnati, Columbus, Dayton, Indianapolis, and Pittsburgh among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)

    • Similar Lenders

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

    Los Angeles Federal Credit Union
    Similarity Rank: 42
    Mutual Savings Bank
    Similarity Rank: 44
    INTERRA CREDIT UNION
    Similarity Rank: 52
    TRANSCEND
    Similarity Rank: 60
    Greenville Federal
    Similarity Rank: 63
    TRI BORO
    Similarity Rank: 68
    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 84
    HANCOCK COUNTY SAVINGS BANK, FSB, INC.
    Similarity Rank: 88
    First Federal Savings and Loan Association of Greene Co
    Similarity Rank: 105
    The Merchants National Bank
    Similarity Rank: 120

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,853 $1,489,635,000 $306,951 $2,580 6.73%
    HELOC 1,320 $150,760,000 $114,212 n/a 9.22%
    FHA 455 $101,055,000 $222,099 $7,283 6.31%
    VA 171 $56,535,000 $330,614 $4,983 6.14%
    USDA 32 $6,460,000 $201,875 $5,825 6.20%

    For 2024, Union Savings Bank's most frequently originated type of loan was Conventional, with 4,853 originations. Their 2nd most popular type was HELOC, with 1,320 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,176 $1,363,960,000 $326,619 $3,599 6.93%
    Home Improvement 770 $72,390,000 $94,013 $788 7.58%
    Refi 695 $184,105,000 $264,899 $1,616 6.40%
    Other 626 $73,130,000 $116,821 $1,540 8.89%
    Cash Out Refi 564 $110,860,000 $196,560 $2,879 7.45%

    For 2024, Union Savings Bank's most frequently cited loan purpose was Home Purchase, with 4,176 originations. The 2nd most popular reason was Home Improvement, with 770 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,796 $1,520,940,000 $317,127 $3,397 6.86%
    10 Year 1,355 $161,545,000 $119,221 $1,653 9.15%
    15 Year 419 $91,045,000 $217,291 $1,497 6.16%
    5 Year 139 $695,000 $5,000 $236 2.00%
    20 Year 97 $22,355,000 $230,464 $1,811 6.47%
    Other 25 $7,865,000 $314,600 $1,584 6.60%

    For 2024, Union Savings Bank's most frequently cited loan duration was 30 Year, with 4,796 originations. The 2nd most popular length was 10 Year, with 1,355 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 3,226 $952,520,000 $295,263
    $1k-2k 805 $213,425,000 $265,124
    $2k-3k 401 $122,765,000 $306,147
    $3k-4k 213 $73,815,000 $346,549
    $5k+ 193 $120,305,000 $623,342
    $4k-5k 113 $43,025,000 $380,752

    Union Savings Bank's average total fees were $3,397, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3,226 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 3,226 $895,130,000 $277,474
    7-8% 1,593 $625,115,000 $392,414
    Over 8% 1,303 $141,005,000 $108,216
    5-6% 565 $140,935,000 $249,442
    <2.5% 139 $695,000 $5,000
    4-5% 3 $1,165,000 $388,333

    During 2024, Union Savings Bank's average interest rate for loans was 6.86%, while their most frequently originated rate bucket for loans was 6-7%, with 3,226 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,428 $686,640,000 $282,801 $3,320 6.87%
    $100k-200k 1,760 $261,300,000 $148,466 $2,517 7.23%
    $100,000 or less 1,359 $72,505,000 $53,352 $1,130 7.72%
    $400k-600k 833 $398,265,000 $478,109 $3,677 7.00%
    $600k-1MM 371 $270,405,000 $728,854 $4,206 7.16%
    $1MM+ 80 $115,330,000 $1,441,625 $9,448 7.37%

    2024 saw Union Savings Bank place emphasis on $200k-400k loans with 2,428 originations, totaling $686,640,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,719 $428,755,000 $249,421 $3,177 7.25%
    $150k-250k 1,609 $529,235,000 $328,922 $3,111 7.35%
    $75k-100k 1,041 $204,705,000 $196,643 $3,024 7.19%
    $50k-75k 986 $148,830,000 $150,943 $2,855 6.92%
    $250k+ 764 $375,840,000 $491,937 $4,196 7.37%
    $50k or less 433 $35,545,000 $82,090 $2,102 6.11%

    Union Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 1,719 originations. The second most popular income band? $150k-250k, with 1,609 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,686 $413,140,000 $245,042 $2,600 7.30%
    30-36% 1,378 $360,810,000 $261,836 $3,112 7.26%
    <20% 575 $121,835,000 $211,887 $2,143 7.37%
    42% 277 $77,825,000 $280,957 $3,512 7.33%
    40% 266 $78,080,000 $293,534 $3,301 7.23%
    37% 257 $76,455,000 $297,490 $3,274 7.24%
    36% 255 $69,905,000 $274,137 $3,297 7.36%
    38% 252 $72,420,000 $287,381 $3,131 7.29%
    39% 239 $69,585,000 $291,151 $3,581 7.33%
    44% 236 $68,590,000 $290,636 $4,033 7.42%
    41% 228 $63,570,000 $278,816 $2,824 7.37%
    43% 202 $62,610,000 $309,950 $3,637 7.36%
    45% 174 $54,750,000 $314,655 $3,606 7.28%
    48% 129 $39,905,000 $309,341 $4,495 7.19%
    46% 125 $40,455,000 $323,640 $4,299 7.14%
    47% 123 $40,925,000 $332,724 $4,320 7.00%
    50-60% 113 $30,785,000 $272,434 $6,604 6.36%
    49% 111 $35,665,000 $321,306 $4,463 7.15%
    >60% 4 $900,000 $225,000 $3,387 7.59%

    Union Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 1,686 originations. The next most common DTI ratio? 30-36%, with 1,378 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,595 $1,497,385,000 $267,629 $3,113 7.29%
    Not provided 427 $126,845,000 $297,061 $3,374 7.21%
    Asian 378 $113,200,000 $299,471 $3,171 7.04%
    Black 379 $53,615,000 $141,464 $2,794 5.40%
    American Indian 18 $4,690,000 $260,556 $3,256 7.15%
    Asian Indian 17 $3,805,000 $223,824 $928 7.93%
    Other Asian 5 $1,955,000 $391,000 $6,524 6.60%
    Native Hawaiian or Islander 7 $1,635,000 $233,571 $2,836 6.75%
    Chinese 4 $1,000,000 $250,000 $3,822 6.75%
    Other Pacific Islander 1 $315,000 $315,000 $8,895 7.50%

    Approval Rates

    Total approvals of all applications
    93.65%

    Union Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.20%

    Union Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 6,831 $1,804,445,000 $264,155

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,831 $1,804,445,000 $264,155

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 874 $128,560,000 $147,094 $1,604 7.96%
    40-60% 950 $278,620,000 $293,284 $2,359 7.12%
    60-80% 2,115 $742,325,000 $350,981 $2,891 7.04%
    80-100% 1,951 $595,555,000 $305,256 $4,222 6.68%
    Over 100% 25 $8,705,000 $348,200 $10,939 6.25%
    Under 20% 916 $50,680,000 $55,328 $668 7.82%