United Mortgage Rates, Fees & Info

Saint Joseph, MI

LEI: 549300PKEQ3Q9S0IXW76

Tax ID: 38-1393400

5 stars - out of 5 stars, based on 72 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

United is a smaller mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. United has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Reno, Niles, Asheville, South Bend, and Fort Smith among others. United has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. United is typically an average fee lendor.


Originations

5,178

Origination Dollar Volume (All Markets)

$962,010,000

Awards

UNITED 30 Year Conventional Loans bronze UNITED FHA Loans silver UNITED FHA Loans silver
Show all (3) awards

Relative Rate

United's average 30 year fixed rate mortgage of loans were 3.22%.

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

This yields a difference of 0.07%.

Relative Fees

United's average total fees for a 30 year fixed rate mortgage are $3,797.

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
RENO, NV (FHA|USDA|VA) 874 $213,700,000 $244,508 $4,459 3.60%
NILES, MI (FHA|USDA|VA) 1,222 $183,160,000 $149,885 $3,339 3.32%
ASHEVILLE, NC (FHA|USDA|VA) 478 $126,210,000 $264,038 $4,522 3.35%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 407 $60,575,000 $148,833 $3,239 3.35%
FORT SMITH, AR-OK (FHA|USDA|VA) 373 $48,095,000 $128,941 $3,307 3.35%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 226 $47,270,000 $209,159 $3,923 3.46%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 221 $35,075,000 $158,710 $2,814 3.31%
Outside of Metro Areas 191 $28,715,000 $150,340 $3,706 3.44%
CARSON CITY, NV (FHA|USDA|VA) 106 $23,320,000 $220,000 $4,621 3.51%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 150 $21,840,000 $145,600 $3,400 3.29%
Gardnerville Ranchos, NV (FHA|USDA|VA) 60 $18,690,000 $311,500 $5,530 3.44%
Fernley, NV (FHA|USDA|VA) 82 $18,040,000 $220,000 $4,471 3.56%
Holland, MI (FHA|USDA|VA) 97 $15,465,000 $159,433 $3,104 3.50%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 59 $10,065,000 $170,593 $3,184 3.39%
Marion, OH (FHA|USDA|VA) 122 $9,640,000 $79,016 $3,051 3.69%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 76 $9,640,000 $126,842 $3,243 3.70%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 21 $5,575,000 $265,476 $3,870 3.24%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $4,850,000 $606,250 $6,019 3.50%
Brevard, NC (FHA|USDA|VA) 17 $4,175,000 $245,588 $4,184 3.14%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 18 $4,070,000 $226,111 $3,245 3.38%
Truckee-Grass Valley, CA (FHA|USDA|VA) 5 $2,965,000 $593,000 $18,435 4.00%
Fallon, NV (FHA|USDA|VA) 14 $2,860,000 $204,286 $4,724 3.38%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 6 $2,440,000 $406,667 $4,268 3.71%
Forest City, NC (FHA|USDA|VA) 10 $2,430,000 $243,000 $4,386 3.36%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 19 $2,375,000 $125,000 $3,673 3.55%
COLUMBUS, OH (FHA|USDA|VA) 21 $2,255,000 $107,381 $3,135 3.71%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 10 $2,190,000 $219,000 $4,454 3.98%
Cullowhee, NC (FHA|USDA|VA) 3 $1,905,000 $635,000 $5,861 3.50%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,725,000 $345,000 $3,856 3.25%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $1,660,000 $830,000 $5,897 3.25%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 11 $1,615,000 $146,818 $3,337 3.35%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 4 $1,610,000 $402,500 $4,725 3.13%
Elko, NV (FHA|USDA|VA) 8 $1,420,000 $177,500 $4,301 3.13%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $1,405,000 $1,405,000 $6,800 3.75%
WINSTON-SALEM, NC (FHA|USDA|VA) 8 $1,300,000 $162,500 $3,743 3.91%
Plymouth, IN (FHA|USDA|VA) 4 $1,210,000 $302,500 $6,202 3.69%
Traverse City, MI (FHA|USDA|VA) 5 $1,195,000 $239,000 $3,995 3.03%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $1,180,000 $295,000 $5,008 4.19%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 6 $1,110,000 $185,000 $4,543 3.08%
Sevierville, TN (FHA|USDA|VA) 3 $1,065,000 $355,000 $4,671 2.83%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $1,045,000 $209,000 $3,778 3.10%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $1,015,000 $1,015,000 $10,398 3.88%
MUSKEGON, MI (FHA|USDA|VA) 10 $1,000,000 $100,000 $3,682 3.41%
Marion, NC (FHA|USDA|VA) 5 $945,000 $189,000 $2,741 3.94%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $930,000 $465,000 $3,780 3.25%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $890,000 $222,500 $4,193 3.34%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 5 $865,000 $173,000 $2,937 2.90%
Findlay, OH (FHA|USDA|VA) 2 $830,000 $415,000 $7,781 2.44%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 6 $820,000 $136,667 $2,217 2.98%
TULSA, OK (FHA|USDA|VA) 5 $815,000 $163,000 $5,269 2.65%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $795,000 $795,000 $4,591 3.13%
Harrison, AR (FHA|USDA|VA) 2 $790,000 $395,000 $4,699 3.31%
PANAMA CITY, FL (FHA|USDA|VA) 3 $775,000 $258,333 $3,190 3.63%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $670,000 $167,500 $3,104 3.19%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $660,000 $110,000 $6,049 3.10%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $645,000 $645,000 $10,589 3.13%
SPARTANBURG, SC (FHA|USDA|VA) 3 $625,000 $208,333 $2,912 3.71%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $620,000 $310,000 $4,195 3.31%
ANN ARBOR, MI (FHA|USDA|VA) 2 $610,000 $305,000 $3,121 2.69%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 2 $610,000 $305,000 $2,925 3.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $575,000 $191,667 $3,662 3.25%
Sturgis, MI (FHA|USDA|VA) 4 $570,000 $142,500 $2,891 3.31%
MONROE, MI (FHA|USDA|VA) 2 $560,000 $280,000 $3,143 3.13%
RICHMOND, VA (FHA|USDA|VA) 1 $545,000 $545,000 $15,900 2.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $530,000 $265,000 $3,928 2.81%
TOLEDO, OH (FHA|USDA|VA) 4 $530,000 $132,500 $3,340 3.25%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $505,000 $168,333 $2,777 4.33%
IOWA CITY, IA (FHA|USDA|VA) 1 $485,000 $485,000 $1,954 3.00%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $475,000 $158,333 $2,418 2.83%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $440,000 $220,000 $3,767 2.56%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $440,000 $110,000 $0 3.84%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $405,000 $135,000 $2,598 2.88%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 4 $400,000 $100,000 $2,361 3.03%
DOTHAN, AL (FHA|USDA|VA) 1 $385,000 $385,000 $3,886 3.13%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $370,000 $185,000 $5,603 2.56%
BRUNSWICK, GA (FHA|USDA|VA) 2 $370,000 $185,000 $5,432 3.25%
MODESTO, CA (FHA|USDA|VA) 1 $365,000 $365,000 $3,326 3.75%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $365,000 $365,000 $3,109 2.88%
BATTLE CREEK, MI (FHA|USDA|VA) 3 $355,000 $118,333 $4,786 3.25%
FRESNO, CA (FHA|USDA|VA) 1 $345,000 $345,000 $4,366 3.13%
Kendallville, IN (FHA|USDA|VA) 3 $325,000 $108,333 $4,201 3.75%
ABILENE, TX (FHA|USDA|VA) 1 $325,000 $325,000 $4,407 3.13%
OCALA, FL (FHA|USDA|VA) 2 $320,000 $160,000 $3,910 2.50%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $315,000 $315,000 $4,074 3.38%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $315,000 $315,000 $3,078 3.50%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $310,000 $155,000 $2,640 3.13%
Pahrump, NV (FHA|USDA|VA) 1 $305,000 $305,000 $4,011 3.88%
Mount Pleasant, MI (FHA|USDA|VA) 1 $295,000 $295,000 $3,638 2.38%
Bucyrus-Galion, OH (FHA|USDA|VA) 2 $290,000 $145,000 $2,904 3.25%
Mountain Home, AR (FHA|USDA|VA) 2 $290,000 $145,000 $2,170 2.88%
LAS CRUCES, NM (FHA|USDA|VA) 2 $290,000 $145,000 $1,606 3.71%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $280,000 $140,000 $4,479 2.88%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $280,000 $140,000 $2,761 3.38%
Urbana, OH (FHA|USDA|VA) 1 $275,000 $275,000 $3,934 3.00%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $4,073 2.75%
Russellville, AR (FHA|USDA|VA) 4 $270,000 $67,500 $3,560 3.41%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $255,000 $255,000 $4,606 2.88%
Port Angeles, WA (FHA|USDA|VA) 1 $255,000 $255,000 $3,816 2.75%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $245,000 $245,000 $5,040 3.00%
MANSFIELD, OH (FHA|USDA|VA) 4 $240,000 $60,000 $3,115 4.00%
SAVANNAH, GA (FHA|USDA|VA) 2 $240,000 $120,000 $3,139 2.63%
JOPLIN, MO (FHA|USDA|VA) 3 $235,000 $78,333 $2,337 3.54%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $235,000 $235,000 $6,236 2.25%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $225,000 $225,000 $3,030 2.75%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $225,000 $225,000 $2,756 2.75%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $225,000 $225,000 $1,949 3.38%
PUEBLO, CO (FHA|USDA|VA) 1 $215,000 $215,000 $2,909 2.88%
Lake City, FL (FHA|USDA|VA) 1 $215,000 $215,000 $2,991 3.00%
Miami, OK (FHA|USDA|VA) 2 $210,000 $105,000 $3,409 3.19%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $210,000 $105,000 $0 4.13%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $195,000 $195,000 $2,044 3.13%
Sonora, CA (FHA|USDA|VA) 1 $195,000 $195,000 $3,826 4.00%
Warsaw, IN (FHA|USDA|VA) 2 $190,000 $95,000 $4,508 4.00%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $185,000 $185,000 $1,879 2.88%
Winnemucca, NV (FHA|USDA|VA) 1 $185,000 $185,000 $7,352 3.38%
Susanville, CA (FHA|USDA|VA) 2 $170,000 $85,000 $3,218 3.44%
JACKSON, MS (FHA|USDA|VA) 1 $165,000 $165,000 $2,969 2.63%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $155,000 $155,000 $5,738 2.75%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $155,000 $155,000 $2,794 5.50%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $145,000 $145,000 $3,168 3.25%
SUMTER, SC (FHA|USDA|VA) 1 $135,000 $135,000 $3,139 3.38%
GAINESVILLE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,576 2.50%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $135,000 $135,000 $3,452 2.88%
Bellefontaine, OH (FHA|USDA|VA) 1 $135,000 $135,000 $3,233 3.25%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $125,000 $125,000 $4,760 2.88%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $125,000 $125,000 $3,073 2.75%
Alpena, MI (FHA|USDA|VA) 1 $125,000 $125,000 $3,085 3.25%
FORT WAYNE, IN (FHA|USDA|VA) 1 $125,000 $125,000 $4,644 3.13%
Wapakoneta, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,271 2.88%
Adrian, MI (FHA|USDA|VA) 1 $125,000 $125,000 $0 3.50%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $115,000 $115,000 $3,025 2.75%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $115,000 $115,000 $0 3.25%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $115,000 $115,000 $3,526 2.25%
North Wilkesboro, NC (FHA|USDA|VA) 2 $110,000 $55,000 $1,870 4.46%
Branson, MO (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.99%
ROCKFORD, IL (FHA|USDA|VA) 1 $105,000 $105,000 $1,730 3.38%
MUNCIE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,180 2.88%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $95,000 $95,000 $1,818 2.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.25%
LANCASTER, PA (FHA|USDA|VA) 1 $75,000 $75,000 $0 3.25%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $75,000 $75,000 $3,152 2.75%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.50%
MONTGOMERY, AL (FHA|USDA|VA) 1 $65,000 $65,000 $2,524 3.13%
Shelby, NC (FHA|USDA|VA) 1 $65,000 $65,000 $2,533 3.13%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $65,000 $65,000 $0 3.50%
Coldwater, MI (FHA|USDA|VA) 1 $55,000 $55,000 $2,511 3.88%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.75%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $45,000 $45,000 $2,546 2.63%
COLUMBIA, SC (FHA|USDA|VA) 1 $45,000 $45,000 $2,752 2.38%
TUCSON, AZ (FHA|USDA|VA) 1 $45,000 $45,000 $0 3.50%
BAY CITY, MI (FHA|USDA|VA) 1 $45,000 $45,000 $0 4.50%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.75%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.75%
JACKSON, MI (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.50%
Ludington, MI (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.25%
SANTA FE, NM (FHA|USDA|VA) 1 $35,000 $35,000 $0 3.25%
AKRON, OH (FHA|USDA|VA) 1 $35,000 $35,000 $0 6.00%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $25,000 $25,000 $0 3.50%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.75%
PINE BLUFF, AR (FHA|USDA|VA) 1 $25,000 $25,000 $0 4.55%

United's top markets include Reno, Niles, Asheville, South Bend, and Fort Smith among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 5,020 $932,250,000 $185,707 $3,618 3.43%
FHA 128 $24,010,000 $187,578 $6,527 2.97%
USDA 19 $3,595,000 $189,211 $5,059 2.97%
VA 11 $2,155,000 $195,909 $6,158 2.83%

For the 2021 period, United's most frequently originated loan type of loans were Conventional, with 5,020 originations. Their 2nd most popular type is FHA, with 128 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,328 $323,860,000 $243,870 $4,112 3.21%
Refi 1,262 $237,870,000 $188,487 $3,041 2.92%
Home Improvement 1,129 $143,805,000 $127,374 $5,366 4.09%
Cash Out Refi 1,084 $222,580,000 $205,332 $3,829 3.30%
Other 375 $33,895,000 $90,387 $2,752 4.14%

For the 2021, United's most frequently cited loan purpose of loans were Home Purchase, with 1,328 originations. The 2nd most popular reason of loans were Refi, with 1,262 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,328 $549,490,000 $236,035 $3,797 3.22%
10 Year 1,559 $119,655,000 $76,751 $1,762 4.05%
15 Year 800 $129,010,000 $161,263 $2,834 2.85%
20 Year 266 $46,710,000 $175,602 $3,264 3.01%
30+ year 182 $106,370,000 $584,451 $9,350 3.47%
5 Year 23 $2,915,000 $126,739 $0 4.52%
Other 20 $7,860,000 $393,000 $5,749 2.98%

For the 2021, United's most frequently cited loan length of loans were 30 Year, with 2,328 originations. The 2nd most popular length of loans were 10 Year, with 1,559 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,921 $386,275,000 $201,080
$1k-2k 1,098 $200,090,000 $182,231
$2k-3k 394 $145,510,000 $369,315
$3k-4k 179 $61,835,000 $345,447
$5k+ 92 $46,020,000 $500,217

$3,797 of loans were United's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,921 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 2,380 $497,790,000 $209,155
2.5-3% 1,460 $301,680,000 $206,630
4-5% 573 $59,905,000 $104,546
<2.5% 536 $90,760,000 $169,328
5-6% 111 $6,365,000 $57,342
6-7% 74 $3,650,000 $49,324
7-8% 29 $1,395,000 $48,103
Over 8% 15 $465,000 $31,000

During 2021, United's average interest rate of loans were 3.22%, while their most frequently originated rate bucket of loans were 3-4%, with 2,380 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 1,760 $93,820,000 $53,307 $2,292 3.87%
$100k-200k 1,696 $245,750,000 $144,900 $3,243 3.19%
$200k-400k 1,304 $358,600,000 $275,000 $4,122 3.15%
$400k-600k 279 $134,655,000 $482,634 $5,828 3.13%
$600k-1MM 96 $72,390,000 $754,063 $7,175 3.46%
$1MM+ 43 $56,795,000 $1,320,814 $11,463 3.56%

2021 saw United place emphasis on $100,000 or less loans with 1,760 originations, totaling $93,820,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 1,233 $176,565,000 $143,200 $3,429 3.43%
$50k or less 1,189 $125,855,000 $105,849 $3,077 3.33%
$100k-150k 945 $200,085,000 $211,730 $4,069 3.42%
$75k-100k 896 $155,700,000 $173,772 $3,632 3.49%
$150k-250k 580 $159,510,000 $275,017 $4,550 3.46%
$250k+ 241 $125,555,000 $520,975 $6,837 3.45%

United lent most frequently to those with incomes in the $50k-75k range, with 1,233 originations. The second most popular income band? $50k or less, with 1,189 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,270 $223,310,000 $175,835 $3,405 3.31%
30-36% 982 $179,060,000 $182,342 $3,697 3.41%
<20% 491 $77,375,000 $157,587 $3,143 3.16%
39% 198 $37,870,000 $191,263 $4,282 3.55%
44% 197 $41,935,000 $212,868 $3,753 3.50%
42% 196 $45,190,000 $230,561 $4,083 3.43%
41% 194 $38,130,000 $196,546 $4,105 3.57%
38% 193 $39,535,000 $204,845 $4,136 3.58%
43% 174 $35,920,000 $206,437 $4,050 3.57%
40% 169 $35,005,000 $207,130 $4,195 3.38%
45% 160 $30,490,000 $190,563 $4,133 3.59%
37% 157 $33,045,000 $210,478 $3,921 3.49%
36% 148 $30,110,000 $203,446 $3,673 3.57%
47% 138 $25,170,000 $182,391 $3,964 3.43%
46% 126 $25,290,000 $200,714 $4,418 3.36%
49% 123 $24,915,000 $202,561 $4,306 3.47%
48% 117 $22,025,000 $188,248 $3,855 3.40%
50-60% 96 $11,380,000 $118,542 $4,129 3.90%
>60% 32 $3,130,000 $97,813 $0 3.98%

United lent most frequently to those with DTI ratios of 20-30%, with 1,270 originations. The next most common DTI ratio? 30-36%, with 982 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,103 $783,355,000 $190,922 $3,729 3.36%
Not provided 725 $109,335,000 $150,807 $3,675 3.75%
Asian 131 $35,535,000 $271,260 $4,391 3.18%
Black 151 $23,445,000 $155,265 $3,602 3.62%
American Indian 50 $7,050,000 $141,000 $3,490 3.07%
Not applicable 11 $1,885,000 $171,364 $0 4.55%
Native Hawaiian 7 $1,405,000 $200,714 $3,225 3.41%

Approval Rates

Total approvals of all applications
87.07%

United has an average approval rate.

Pick Rate

Approvals leading to origination
68.85%

United 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 5,178 $962,010,000 $185,788

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
5,178 $962,010,000 $185,788

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 741 $81,285,000 $109,696 $2,774 3.57%
40-60% 848 $153,830,000 $181,403 $3,147 2.99%
60-80% 1,456 $365,170,000 $250,804 $4,028 3.17%
80-100% 1,219 $316,365,000 $259,528 $4,317 3.26%
Over 100% 3 $635,000 $211,667 $8,298 2.88%
Under 20% 911 $44,725,000 $49,094 $424 4.30%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
UNITED COMMUNITY BANK Home equity loan or line of credit (HELOC) Trouble during payment process 1 20.0%
UNITED COMMUNITY BANK Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
UNITED COMMUNITY BANK Other type of mortgage Trouble during payment process 1 20.0%
UNITED COMMUNITY BANK Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
UNITED COMMUNITY BANK Conventional home mortgage Trouble during payment process 1 20.0%