U S Wide Financial Mortgage Rates, Fees & Info

WENTZVILLE, MO

LEI: 549300OBJRCHJ0G6XU24

Tax ID: 26-4558390

5 stars - out of 5 stars, based on 34 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

U S Wide Financial is a smaller mortgage company specializing in Refi and Home Purchase loans. U S Wide Financial has a high proportion of conventional loans. Their top markets include St. Louis, Houston, Dallas, Hartford, and Seattle among others. U S Wide Financial has an above average approval rate for mortages when compared nationally. They have an above average pick rate when compared to the same sample of other lendors. U S Wide Financial is typically a low fee lendor.


Originations

1,182

Origination Dollar Volume (All Markets)

$379,120,000
Show all (26) awards

Relative Rate

U S Wide Financial 's average 30 year fixed rate mortgage of loans were 2.76%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.39%.

Relative Fees

U S Wide Financial 's average total fees for a 30 year fixed rate mortgage are $2,236.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
ST. LOUIS, MO-IL (FHA|USDA|VA) 360 $112,290,000 $311,917 $1,686 2.58%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 212 $60,030,000 $283,160 $1,919 2.46%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 103 $33,585,000 $326,068 $2,286 2.46%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 105 $29,775,000 $283,571 $2,647 2.66%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 39 $15,705,000 $402,692 $1,968 2.75%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 31 $12,475,000 $402,419 $1,757 2.61%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 21 $9,865,000 $469,762 $1,427 2.59%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 24 $8,390,000 $349,583 $1,499 2.57%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 16 $7,150,000 $446,875 $2,223 2.52%
RICHMOND, VA (FHA|USDA|VA) 25 $7,065,000 $282,600 $1,781 2.79%
KANSAS CITY, MO-KS (FHA|USDA|VA) 26 $6,920,000 $266,154 $1,408 2.70%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 8 $5,950,000 $743,750 $2,537 2.47%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 16 $5,490,000 $343,125 $2,887 2.71%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 16 $5,320,000 $332,500 $2,156 2.47%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 14 $5,210,000 $372,143 $1,719 2.43%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 16 $4,880,000 $305,000 $2,442 2.63%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 9 $3,735,000 $415,000 $1,969 2.50%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 11 $3,605,000 $327,727 $3,156 2.66%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 10 $3,330,000 $333,000 $2,977 2.64%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 7 $3,215,000 $459,286 $1,739 2.73%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 6 $2,300,000 $383,333 $2,649 2.79%
RALEIGH-CARY, NC (FHA|USDA|VA) 6 $2,200,000 $366,667 $2,023 2.65%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 6 $1,810,000 $301,667 $3,044 2.75%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 5 $1,735,000 $347,000 $1,911 2.43%
WORCESTER, MA-CT (FHA|USDA|VA) 4 $1,530,000 $382,500 $1,566 2.59%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,345,000 $269,000 $2,884 2.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $1,330,000 $332,500 $2,213 2.63%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 3 $1,235,000 $411,667 $2,983 2.67%
COLUMBIA, MO (FHA|USDA|VA) 3 $1,175,000 $391,667 $1,486 2.46%
JOPLIN, MO (FHA|USDA|VA) 4 $960,000 $240,000 $1,468 2.63%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $940,000 $470,000 $1,473 2.81%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $930,000 $465,000 $1,746 2.25%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $865,000 $288,333 $1,732 2.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $805,000 $268,333 $2,205 2.67%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $780,000 $390,000 $2,769 2.81%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $770,000 $385,000 $4,357 3.50%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $730,000 $365,000 $2,547 2.63%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $600,000 $300,000 $2,226 2.69%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $545,000 $545,000 $4,305 2.75%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $515,000 $515,000 $5,058 2.00%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $485,000 $485,000 $1,165 2.00%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $465,000 $465,000 $2,888 2.88%
MODESTO, CA (FHA|USDA|VA) 1 $465,000 $465,000 $1,165 2.63%
BRUNSWICK, GA (FHA|USDA|VA) 1 $445,000 $445,000 $1,550 2.63%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $435,000 $435,000 $1,250 2.88%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $425,000 $425,000 $606 2.50%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $380,000 $190,000 $2,101 3.13%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $375,000 $375,000 $1,136 2.13%
BOULDER, CO (FHA|USDA|VA) 1 $365,000 $365,000 $1,240 2.13%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $355,000 $355,000 $15,465 2.50%
Montrose, CO (FHA|USDA|VA) 1 $345,000 $345,000 $1,240 2.50%
Los Alamos, NM (FHA|USDA|VA) 1 $345,000 $345,000 $2,108 2.88%
Branson, MO (FHA|USDA|VA) 2 $330,000 $165,000 $883 3.06%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $325,000 $325,000 $5,257 2.63%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $315,000 $315,000 $1,933 3.00%
WICHITA, KS (FHA|USDA|VA) 1 $315,000 $315,000 $1,156 2.50%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $315,000 $315,000 $877 2.13%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $295,000 $295,000 $1,841 2.50%
COLUMBUS, OH (FHA|USDA|VA) 1 $285,000 $285,000 $1,345 2.25%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $285,000 $285,000 $4,900 2.88%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $275,000 $275,000 $1,115 2.00%
Shelton, WA (FHA|USDA|VA) 2 $270,000 $135,000 $2,707 2.50%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $265,000 $265,000 $2,550 3.38%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $255,000 $255,000 $1,543 2.75%
Warrensburg, MO (FHA|USDA|VA) 1 $245,000 $245,000 $1,879 3.13%
BELLINGHAM, WA (FHA|USDA|VA) 1 $245,000 $245,000 $1,491 2.25%
FORT COLLINS, CO (FHA|USDA|VA) 1 $235,000 $235,000 $1,595 2.88%
Ellensburg, WA (FHA|USDA|VA) 1 $235,000 $235,000 $3,414 2.88%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $225,000 $225,000 $2,065 2.25%
Crossville, TN (FHA|USDA|VA) 1 $225,000 $225,000 $964 3.00%
Outside of Metro Areas 1 $215,000 $215,000 $3,063 2.38%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $205,000 $205,000 $2,443 3.38%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $195,000 $195,000 $1,242 2.25%
KNOXVILLE, TN (FHA|USDA|VA) 1 $195,000 $195,000 $2,071 2.63%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $185,000 $185,000 $1,954 2.25%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $185,000 $185,000 $1,561 2.75%
SALEM, OR (FHA|USDA|VA) 1 $185,000 $185,000 $3,999 2.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $185,000 $185,000 $1,489 2.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,509 3.25%
ROANOKE, VA (FHA|USDA|VA) 1 $125,000 $125,000 $1,904 3.00%
Traverse City, MI (FHA|USDA|VA) 1 $125,000 $125,000 $964 2.50%
GREELEY, CO (FHA|USDA|VA) 1 $105,000 $105,000 $1,365 2.25%
ANN ARBOR, MI (FHA|USDA|VA) 1 $105,000 $105,000 $984 2.63%
OWENSBORO, KY (FHA|USDA|VA) 1 $55,000 $55,000 $1,535 3.50%

U S Wide Financial 's top markets include St. Louis, Houston, Dallas, Hartford, and Seattle among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,163 $372,575,000 $320,357 $1,963 2.58%
VA 19 $6,545,000 $344,474 $4,053 2.41%

For the 2021 period, U S Wide Financial 's most frequently originated loan type of loans were Conventional, with 1,163 originations. Their 2nd most popular type is VA, with 19 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 720 $220,080,000 $305,667 $1,479 2.46%
Home Purchase 321 $113,335,000 $353,069 $3,100 2.72%
Cash Out Refi 133 $43,925,000 $330,263 $2,138 2.80%
Other 6 $1,400,000 $233,333 $2,173 2.92%
Home Improvement 2 $380,000 $190,000 $1,112 3.00%

For the 2021, U S Wide Financial 's most frequently cited loan purpose of loans were Refi, with 720 originations. The 2nd most popular reason of loans were Home Purchase, with 321 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 701 $242,775,000 $346,327 $2,236 2.76%
15 Year 358 $100,600,000 $281,006 $1,694 2.25%
20 Year 75 $23,925,000 $319,000 $1,647 2.56%
10 Year 33 $7,465,000 $226,212 $1,315 2.19%
Other 15 $4,355,000 $290,333 $1,288 2.54%

For the 2021, U S Wide Financial 's most frequently cited loan length of loans were 30 Year, with 701 originations. The 2nd most popular length of loans were 15 Year, with 358 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,093 $351,755,000 $321,825
$1k-2k 61 $17,495,000 $286,803
$2k-3k 18 $6,160,000 $342,222
$3k-4k 8 $2,740,000 $342,500
$5k+ 2 $970,000 $485,000

$2,236 of loans were U S Wide Financial 's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,093 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
<2.5% 616 $199,670,000 $324,140
2.5-3% 470 $156,860,000 $333,745
3-4% 96 $22,590,000 $235,313

During 2021, U S Wide Financial 's average interest rate of loans were 2.76%, while their most frequently originated rate bucket of loans were <2.5%, with 616 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 722 $213,270,000 $295,388 $1,870 2.54%
$400k-600k 249 $118,775,000 $477,008 $2,442 2.57%
$100k-200k 182 $29,320,000 $161,099 $1,733 2.69%
$600k-1MM 24 $17,370,000 $723,750 $3,265 2.59%
$100,000 or less 5 $385,000 $77,000 $1,565 3.23%

2021 saw U S Wide Financial place emphasis on $200k-400k loans with 722 originations, totaling $213,270,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 555 $176,875,000 $318,694 $1,945 2.55%
$150k-250k 274 $100,190,000 $365,657 $2,060 2.53%
$75k-100k 174 $50,080,000 $287,816 $1,979 2.63%
$250k+ 76 $30,150,000 $396,711 $2,347 2.51%
$50k-75k 67 $14,835,000 $221,418 $1,781 2.73%
$50k or less 33 $5,945,000 $180,152 $2,081 2.81%

U S Wide Financial lent most frequently to those with incomes in the $100k-150k range, with 555 originations. The second most popular income band? $150k-250k, with 274 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 432 $138,060,000 $319,583 $1,956 2.55%
30-36% 242 $82,080,000 $339,174 $2,008 2.58%
<20% 188 $53,030,000 $282,074 $1,805 2.51%
37% 35 $11,735,000 $335,286 $2,261 2.53%
36% 31 $10,095,000 $325,645 $1,858 2.64%
38% 31 $9,435,000 $304,355 $2,049 2.64%
39% 30 $9,350,000 $311,667 $1,857 2.60%
40% 29 $10,915,000 $376,379 $2,514 2.71%
42% 25 $9,435,000 $377,400 $2,260 2.62%
41% 25 $8,165,000 $326,600 $2,429 2.56%
44% 22 $7,660,000 $348,182 $2,265 2.68%
43% 19 $6,505,000 $342,368 $2,040 2.72%
48% 17 $5,585,000 $328,529 $2,313 2.60%
45% 16 $4,840,000 $302,500 $1,906 2.65%
47% 12 $3,240,000 $270,000 $2,130 2.66%
49% 10 $3,330,000 $333,000 $2,285 2.83%
46% 7 $2,195,000 $313,571 $2,102 2.89%
50-60% 3 $825,000 $275,000 $1,946 2.75%

U S Wide Financial lent most frequently to those with DTI ratios of 20-30%, with 432 originations. The next most common DTI ratio? 30-36%, with 242 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
Asian 804 $270,140,000 $335,995 $1,995 2.54%
White 259 $73,165,000 $282,490 $1,916 2.63%
Not provided 77 $23,755,000 $308,506 $2,101 2.66%
Asian Indian 20 $6,270,000 $313,500 $2,730 2.72%
Black 14 $4,000,000 $285,714 $2,084 2.74%
Other Asian 6 $1,210,000 $201,667 $2,021 2.50%
Native Hawaiian 1 $345,000 $345,000 $883 2.63%
American Indian 1 $235,000 $235,000 $1,270 3.38%

Approval Rates

Total approvals of all applications
99.42%

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
96.66%

U S Wide Financial has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

Points and Fees

Points Originations Total Value Average Loan
NA 1,182 $379,120,000 $320,745

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,182 $379,120,000 $320,745

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 36 $7,550,000 $209,722 $1,555 2.41%
40-60% 248 $69,610,000 $280,685 $1,463 2.47%
60-80% 570 $185,980,000 $326,281 $1,942 2.58%
80-100% 326 $115,460,000 $354,172 $2,508 2.66%
Over 100% 1 $355,000 $355,000 $15,465 2.50%
Under 20% 1 $165,000 $165,000 $964 2.50%