United Mortgage Rates, Fees & Info
Saint Joseph, MILEI: 549300PKEQ3Q9S0IXW76
Tax ID: 38-1393400
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
United is a smaller mortgage company specializing in Refi and Home Purchase 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. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Reno, Niles, Asheville, South Bend, and Fort Smith among others. We have data for 145 markets. (Some data included below & more in-depth data is available with an active subscription.)United has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. United 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) | 7.05% | 12/16/24 |
| 30 Year Conventional Purchase | 6.84% | 12/16/24 |
| 30 Year Conventional Refi | 6.61% | 12/16/24 |
| 30 Year Cash-out Refi | 6.97% | 12/16/24 |
| 30 Year FHA Purchase | 7.63% | 12/16/24 |
| 30 Year FHA Refi | 7.41% | 12/16/24 |
| 30 Year VA Purchase | 6.44% | 12/16/24 |
| 30 Year USDA Purchase | 7.10% | 12/16/24 |
| 15 Year Conventional Purchase | 6.31% | 12/16/24 |
| 15 Year Conventional Refi | 6.34% | 12/16/24 |
| 15 Year Cash-out Refi | 6.34% | 12/16/24 |
| 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. | ||
United Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from United. 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
5,019Origination Dollar Volume (All Markets)
$943,115,000Awards
UNITED - 2020
UNITED is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for UNITED?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| RENO, NV (FHA|USDA|VA) | 836 | $208,000,000 | $248,804 | $3,298 | 3.95% |
| NILES, MI (FHA|USDA|VA) | 1,175 | $185,995,000 | $158,294 | $2,900 | 3.64% |
| ASHEVILLE, NC (FHA|USDA|VA) | 496 | $126,300,000 | $254,637 | $3,916 | 3.83% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 407 | $58,885,000 | $144,681 | $2,700 | 3.69% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 334 | $47,600,000 | $142,515 | $2,994 | 3.78% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 220 | $44,220,000 | $201,000 | $3,288 | 3.67% |
| Outside of Metro Areas | 228 | $39,300,000 | $172,368 | $3,807 | 3.90% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 216 | $33,220,000 | $153,796 | $2,626 | 3.78% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 135 | $18,275,000 | $135,370 | $2,852 | 4.12% |
| CARSON CITY, NV (FHA|USDA|VA) | 82 | $16,970,000 | $206,951 | $3,557 | 3.82% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 53 | $14,805,000 | $279,340 | $3,678 | 3.88% |
| Holland, MI (FHA|USDA|VA) | 94 | $13,890,000 | $147,766 | $2,796 | 3.86% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 83 | $11,835,000 | $142,590 | $2,397 | 4.06% |
| Fernley, NV (FHA|USDA|VA) | 62 | $11,400,000 | $183,871 | $3,280 | 4.16% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 60 | $9,130,000 | $152,167 | $3,054 | 3.77% |
| Marion, OH (FHA|USDA|VA) | 107 | $8,825,000 | $82,477 | $2,760 | 4.59% |
| Brevard, NC (FHA|USDA|VA) | 21 | $6,255,000 | $297,857 | $4,475 | 3.70% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 4 | $4,530,000 | $1,132,500 | $2,431 | 2.94% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 25 | $3,675,000 | $147,000 | $3,558 | 4.12% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 14 | $3,640,000 | $260,000 | $3,906 | 3.16% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 20 | $3,450,000 | $172,500 | $3,174 | 3.56% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 19 | $3,185,000 | $167,632 | $3,719 | 3.93% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 11 | $3,095,000 | $281,364 | $5,180 | 4.26% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 9 | $2,575,000 | $286,111 | $4,542 | 3.56% |
| Cullowhee, NC (FHA|USDA|VA) | 6 | $2,540,000 | $423,333 | $6,441 | 3.94% |
| Forest City, NC (FHA|USDA|VA) | 13 | $2,315,000 | $178,077 | $3,081 | 3.78% |
| Marion, NC (FHA|USDA|VA) | 6 | $2,260,000 | $376,667 | $3,959 | 4.54% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $2,225,000 | $445,000 | $6,545 | 3.90% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 10 | $2,220,000 | $222,000 | $2,688 | 3.56% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 9 | $2,175,000 | $241,667 | $3,718 | 3.43% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $2,015,000 | $2,015,000 | $23,729 | 3.25% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 9 | $1,925,000 | $213,889 | $2,955 | 4.37% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 7 | $1,495,000 | $213,571 | $2,970 | 3.82% |
| COLUMBUS, OH (FHA|USDA|VA) | 18 | $1,490,000 | $82,778 | $2,441 | 4.73% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 4 | $1,490,000 | $372,500 | $3,166 | 3.28% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 5 | $1,405,000 | $281,000 | $3,356 | 2.93% |
| Seneca, SC (FHA|USDA|VA) | 5 | $1,395,000 | $279,000 | $3,567 | 4.25% |
| Sturgis, MI (FHA|USDA|VA) | 7 | $1,375,000 | $196,429 | $2,611 | 3.18% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $1,240,000 | $620,000 | $3,500 | 3.75% |
| Fallon, NV (FHA|USDA|VA) | 3 | $1,235,000 | $411,667 | $6,890 | 4.29% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $3,873 | 3.63% |
| IOWA CITY, IA (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $2,287 | 3.00% |
| Plymouth, IN (FHA|USDA|VA) | 6 | $940,000 | $156,667 | $2,116 | 3.27% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 9 | $915,000 | $101,667 | $3,654 | 4.64% |
| Traverse City, MI (FHA|USDA|VA) | 5 | $795,000 | $159,000 | $2,982 | 3.53% |
| Boone, NC (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $3,594 | 3.13% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $3,044 | 3.83% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $4,884 | 2.94% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $3,493 | 2.92% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $3,848 | 3.00% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $5,256 | 3.06% |
| Elko, NV (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $4,771 | 4.06% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $3,382 | 3.42% |
| ANN ARBOR, MI (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $3,296 | 3.42% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 6 | $600,000 | $100,000 | $3,106 | 3.96% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 4 | $590,000 | $147,500 | $2,745 | 4.16% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $4,034 | 3.50% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $8,477 | 3.63% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $2,845 | 4.06% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $7,121 | 3.50% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $3,893 | 3.38% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $2,774 | 3.58% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $2,831 | 2.94% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $3,880 | 3.25% |
| Russellville, AR (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $2,867 | 3.58% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $1,705 | 4.01% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $3,382 | 5.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $3,018 | 3.67% |
| Winnemucca, NV (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $4,148 | 5.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $3,372 | 3.25% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $9,296 | 3.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $1,951 | 2.94% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,795 | 3.31% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $4,362 | 4.63% |
| TOLEDO, OH (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $3,209 | 2.94% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $6,948 | 2.63% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $2,723 | 3.25% |
| Findlay, OH (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $6,993 | 2.88% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,948 | 3.88% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $5,266 | 4.50% |
| Harrison, AR (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $2,762 | 4.00% |
| MUSKEGON, MI (FHA|USDA|VA) | 5 | $385,000 | $77,000 | $2,057 | 5.75% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 2.88% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $1,989 | 3.94% |
| TULSA, OK (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $7,496 | 3.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,045 | 2.81% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,409 | 3.06% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $2,597 | 2.94% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,001 | 3.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,803 | 3.13% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,737 | 4.75% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $3,007 | 3.63% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $2,413 | 4.38% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,351 | 2.88% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,447 | 2.88% |
| Branson, MO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,851 | 3.75% |
| Adrian, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,332 | 3.13% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,970 | 3.38% |
| Mount Pleasant, MI (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $2,329 | 2.88% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,496 | 4.13% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 6 | $260,000 | $43,333 | $4,269 | 4.88% |
| MADERA, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,184 | 4.13% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,760 | 3.63% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,362 | 3.25% |
| North Wilkesboro, NC (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $2,842 | 3.69% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,275 | 3.25% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,080 | 2.88% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,363 | 3.13% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,342 | 2.88% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,136 | 2.88% |
| SPARTANBURG, SC (FHA|USDA|VA) | 4 | $150,000 | $37,500 | $2,711 | 5.75% |
| Albertville, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,555 | 3.25% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $2,570 | 3.19% |
| Marshall, MN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,050 | 3.88% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,011 | 2.63% |
| Big Rapids, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,348 | 3.25% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,691 | 2.88% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,050 | 3.25% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 4.00% |
| Angola, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,679 | 2.75% |
| McAlester, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,277 | 3.50% |
| Clinton, IA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,760 | 2.63% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,415 | 2.63% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,098 | 2.50% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 5.25% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,322 | 2.88% |
| Muskogee, OK (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,294 | 2.88% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,723 | 3.88% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,937 | 4.50% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.25% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.25% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 2 | $60,000 | $30,000 | $2,762 | 3.88% |
| Tiffin, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,156 | 2.75% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,436 | 4.13% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,647 | 3.13% |
| Marinette, WI-MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,555 | 4.63% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,648 | 3.25% |
| LIMA, OH (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,040 | 2.88% |
| Albemarle, NC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 10.00% |
| Logansport, IN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 7.00% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 5.50% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 3.50% |
| Mountain Home, AR (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 5.05% |
| JOPLIN, MO (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 5.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 4.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against UNITED based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 96
Similarity Rank: 147
Similarity Rank: 162
Similarity Rank: 168
Similarity Rank: 189
Similarity Rank: 210
Similarity Rank: 235
Similarity Rank: 312
Similarity Rank: 312
Similarity Rank: 405
Product Mix
For 2020, United's most frequently originated type of loan was Conventional, with 3,982 originations. Their 2nd most popular type was HELOC, with 953 originations.
Loan Reason
For 2020, United's most frequently cited loan purpose was Refi, with 1,654 originations. The 2nd most popular reason was Home Purchase, with 1,333 originations.
Loan Duration/Length
For 2020, United's most frequently cited loan duration was 30 Year, with 2,428 originations. The 2nd most popular length was 10 Year, with 1,164 originations.
Origination Fees/Closing Costs
United's average total fees were $3,255, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,592 originations.
Interest Rates
During 2020, United's average interest rate for loans was 3.45%, while their most frequently originated rate bucket for loans was 3-4%, with 2,178 originations.
Loan Sizing
2020 saw United place emphasis on $100k-200k loans with 1,650 originations, totaling $242,000,000 in origination value.
Applicant Income
United lent most frequently to those with incomes in the $50k-75k range, with 1,190 originations. The second most popular income band? $50k or less, with 1,072 originations.
Applicant Debt to Income Ratio
United lent most frequently to those with DTI ratios of 20-30%, with 1,306 originations. The next most common DTI ratio? 30-36%, with 942 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.57%
United has an average approval rate.
Pick Rate
Approvals leading to origination61.37%
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 | 5,019 | $943,115,000 | $187,909 |
Occupancy Type Mix
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| UNITED COMMUNITY BANK | Home equity loan or line of credit (HELOC) | Incorrect information on your report | 1 | 16.7% |
| UNITED COMMUNITY BANK | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 16.7% |
| UNITED COMMUNITY BANK | Conventional home mortgage | Closing on a mortgage | 1 | 16.7% |
| UNITED COMMUNITY BANK | Conventional home mortgage | Trouble during payment process | 3 | 50.0% |