U S Wide Financial Mortgage Rates, Fees & Info

WENTZVILLE, MO

LEI: 549300OBJRCHJ0G6XU24

Tax ID: 26-4558390

5 stars - Updated: 10/13/24 - out of 5 stars, based on 11 reviews

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

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Mortgage Data

Review & Overview

U S Wide Financial is a smaller mortgage company specializing in Home Purchase loans. U S Wide Financial has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Dallas, Hartford, Seattle, and Atlanta among others. We have data for 32 markets. (Some data included below & more in-depth data is available with an active subscription.)

U S Wide Financial 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. U S Wide Financial 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 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 6.22% 10/13/24
30 Year Conventional Refi 6.17% 10/13/24
30 Year Cash-out Refi 6.42% 10/13/24
30 Year FHA Purchase 6.27% 10/13/24
30 Year VA Purchase 6.24% 10/13/24
30 Year USDA Purchase 6.14% 10/13/24
15 Year Conventional Purchase 5.56% 10/13/24
15 Year Conventional Refi 5.72% 10/13/24
15 Year Cash-out Refi 5.72% 10/13/24
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.

U S Wide Financial Mortgage Calculator






Your Estimates

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

This is not an official calculator from U S Wide Financial. 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

115

Origination Dollar Volume (All Markets)

$45,675,000

Relative Rate

U S Wide Financial's average 30 year fixed mortgage rate was 6.7%.

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

This yields a difference of 0.22%.

Relative Fees (Closing Costs)

U S Wide Financial's average total fees/closing costs for a 30 year fixed rate mortgage were $3,915.

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
ST. LOUIS, MO-IL (FHA|USDA|VA) 65 $23,525,000 $361,923 $3,704 6.60%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $2,055,000 $685,000 $5,868 6.38%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 5 $1,905,000 $381,000 $3,614 6.70%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $1,875,000 $625,000 $8,505 6.71%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $1,655,000 $551,667 $4,818 6.04%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $1,455,000 $1,455,000 $9,114 7.25%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $1,455,000 $485,000 $2,472 6.21%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,380,000 $690,000 $3,853 7.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $1,200,000 $600,000 $6,068 6.06%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $1,105,000 $368,333 $5,237 6.83%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $810,000 $405,000 $5,260 6.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $790,000 $395,000 $3,512 6.38%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $705,000 $705,000 $6,135 6.88%
ROANOKE, VA (FHA|USDA|VA) 1 $595,000 $595,000 $3,630 5.75%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $555,000 $555,000 $3,587 5.75%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $425,000 $425,000 $3,469 6.63%
BOULDER, CO (FHA|USDA|VA) 1 $405,000 $405,000 $4,019 8.13%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $380,000 $190,000 $4,305 7.25%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $335,000 $335,000 $5,913 5.13%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $335,000 $335,000 $4,857 6.38%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $315,000 $315,000 $3,035 6.13%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $305,000 $305,000 $3,883 5.38%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $275,000 $275,000 $2,931 5.63%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $255,000 $255,000 $3,845 6.88%
RICHMOND, VA (FHA|USDA|VA) 1 $255,000 $255,000 $6,518 6.63%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $245,000 $245,000 $4,259 6.25%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $2,649 5.75%
Shelton, WA (FHA|USDA|VA) 1 $215,000 $215,000 $4,004 6.75%
Outside of Metro Areas 1 $205,000 $205,000 $2,979 6.63%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $185,000 $185,000 $2,885 7.38%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $165,000 $165,000 $2,713 7.63%
OWENSBORO, KY (FHA|USDA|VA) 1 $85,000 $85,000 $1,473 6.50%
U S Wide Financial's top markets include St. Louis, Dallas, Hartford, Seattle, and Atlanta among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Washington (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 115 $45,675,000 $397,174 $4,065 6.56%

    For 2023, U S Wide Financial's most frequently originated type of loan was Conventional, with 115 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 109 $43,695,000 $400,872 $4,142 6.57%
    Cash Out Refi 3 $765,000 $255,000 $2,929 6.67%
    Other 2 $750,000 $375,000 $2,166 6.50%
    Refi 1 $465,000 $465,000 $2,881 5.25%

    For 2023, U S Wide Financial's most frequently cited loan purpose was Home Purchase, with 109 originations. The 2nd most popular reason was Cash Out Refi, with 3 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 94 $38,000,000 $404,255 $3,915 6.70%
    15 Year 20 $7,400,000 $370,000 $4,662 5.88%
    20 Year 1 $275,000 $275,000 $6,233 6.38%

    For 2023, U S Wide Financial's most frequently cited loan duration was 30 Year, with 94 originations. The 2nd most popular length was 15 Year, with 20 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 65 $26,865,000 $413,308
    $1k-2k 26 $8,770,000 $337,308
    $3k-4k 9 $3,355,000 $372,778
    $2k-3k 7 $3,435,000 $490,714
    $5k+ 5 $2,385,000 $477,000
    $4k-5k 3 $865,000 $288,333

    U S Wide Financial's average total fees were $3,915, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 65 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 60 $23,850,000 $397,500
    5-6% 25 $10,195,000 $407,800
    7-8% 23 $8,965,000 $389,783
    4-5% 4 $1,920,000 $480,000
    Over 8% 3 $745,000 $248,333

    During 2023, U S Wide Financial's average interest rate for loans was 6.70%, while their most frequently originated rate bucket for loans was 6-7%, with 60 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 49 $14,715,000 $300,306 $4,022 6.54%
    $400k-600k 30 $14,810,000 $493,667 $3,983 6.38%
    $600k-1MM 18 $12,120,000 $673,333 $5,114 6.42%
    $100k-200k 14 $2,300,000 $164,286 $3,177 7.13%
    $100,000 or less 3 $275,000 $91,667 $1,739 6.46%
    $1MM+ 1 $1,455,000 $1,455,000 $9,114 7.25%

    2023 saw U S Wide Financial place emphasis on $200k-400k loans with 49 originations, totaling $14,715,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 44 $19,360,000 $440,000 $4,334 6.47%
    $100k-150k 42 $14,410,000 $343,095 $3,329 6.65%
    $250k+ 18 $9,210,000 $511,667 $5,771 6.53%
    $75k-100k 8 $2,190,000 $273,750 $3,278 6.83%
    $50k-75k 2 $420,000 $210,000 $2,675 5.56%
    $50k or less 1 $85,000 $85,000 $1,473 6.50%

    U S Wide Financial lent most frequently to those with incomes in the $150k-250k range, with 44 originations. The second most popular income band? $100k-150k, with 42 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 36 $14,240,000 $395,556 $4,492 6.50%
    30-36% 23 $9,545,000 $415,000 $3,983 6.41%
    <20% 9 $2,235,000 $248,333 $3,317 6.50%
    44% 7 $3,395,000 $485,000 $4,516 6.66%
    36% 6 $2,490,000 $415,000 $3,313 6.81%
    43% 5 $2,395,000 $479,000 $3,971 6.45%
    37% 4 $950,000 $237,500 $3,631 6.88%
    39% 4 $2,350,000 $587,500 $4,589 6.31%
    40% 4 $1,460,000 $365,000 $3,770 6.78%
    49% 3 $1,565,000 $521,667 $3,549 6.08%
    38% 3 $875,000 $291,667 $3,061 6.38%
    42% 3 $925,000 $308,333 $3,690 7.42%
    47% 3 $965,000 $321,667 $3,169 6.88%
    45% 2 $650,000 $325,000 $4,487 7.50%
    46% 1 $705,000 $705,000 $6,915 6.63%
    41% 1 $595,000 $595,000 $3,789 6.13%
    48% 1 $335,000 $335,000 $4,857 6.38%

    U S Wide Financial lent most frequently to those with DTI ratios of 20-30%, with 36 originations. The next most common DTI ratio? 30-36%, with 23 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 84 $33,380,000 $397,381 $4,112 6.60%
    White 25 $10,295,000 $411,800 $3,818 6.53%
    Not provided 6 $2,000,000 $333,333 $4,426 6.04%

    Approval Rates

    Total approvals of all applications
    99.51%

    U S Wide Financial 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
    21.74%

    U S Wide Financial 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 115 $45,675,000 $397,174

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    115 $45,675,000 $397,174

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $255,000 $255,000 $5,802 5.00%
    40-60% 8 $2,640,000 $330,000 $4,629 6.36%
    60-80% 51 $19,575,000 $383,824 $4,192 6.79%
    80-100% 54 $23,110,000 $427,963 $3,881 6.40%
    Under 20% 1 $95,000 $95,000 $1,207 6.25%