United Fidelity Bank Fsb Mortgage Rates, Fees & Info

Evansville, IN

LEI: 549300RV3BMT6ES6TO70

Tax ID: 35-0298350

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Mortgage Data

Bank Data

Review & Overview

United Fidelity Bank Fsb is a smaller bank specializing in Home Purchase loans. United Fidelity Bank Fsb has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Indianapolis, Cape Coral, Chicago, Evansville, and Denver among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

United Fidelity Bank Fsb has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 5.69% 3/24/24
30 Year Conventional Refi 6.40% 3/24/24
30 Year Cash-out Refi 4.91% 3/24/24
30 Year FHA Purchase 6.27% 3/24/24
30 Year VA Purchase 6.27% 3/24/24
15 Year Conventional Purchase 4.69% 3/24/24
15 Year Conventional Refi 6.23% 3/24/24
15 Year Cash-out Refi 6.23% 3/24/24
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 Fidelity Bank Fsb Mortgage Calculator






Your Estimates

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

This is not an official calculator from United Fidelity Bank Fsb. 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

86

Origination Dollar Volume (All Markets)

$35,900,000

Employee count

161

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
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $17,095,000 $2,442,143 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $9,665,000 $1,933,000 $0 0.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 16 $2,530,000 $158,125 $0 0.00%
EVANSVILLE, IN-KY (FHA|USDA|VA) 26 $2,480,000 $95,385 $0 0.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 8 $1,350,000 $168,750 $0 0.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 8 $880,000 $110,000 $0 0.00%
Effingham, IL (FHA|USDA|VA) 6 $770,000 $128,333 $0 0.00%
Outside of Metro Areas 7 $735,000 $105,000 $0 0.00%
MUNCIE, IN (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
Centralia, IL (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
GREELEY, CO (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
United Fidelity Bank Fsb's top markets include Indianapolis, Cape Coral, Chicago, Evansville, and Denver among others.

Their top states include:
  • Indiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Similar Lenders

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 85 $35,775,000 $420,882 $0 0.00%
    USDA 1 $125,000 $125,000 $0 0.00%

    For 2018, United Fidelity Bank Fsb's most frequently originated type of loan was Conventional, with 85 originations. Their 2nd most popular type was USDA, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 33 $29,915,000 $906,515 $0 0.00%
    Refi 29 $3,415,000 $117,759 $0 0.00%
    Cash Out Refi 21 $2,455,000 $116,905 $0 0.00%
    Other 2 $60,000 $30,000 $0 0.00%
    Home Improvement 1 $55,000 $55,000 $0 0.00%

    For 2018, United Fidelity Bank Fsb's most frequently cited loan purpose was Home Purchase, with 33 originations. The 2nd most popular reason was Refi, with 29 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 86 $35,900,000 $417,442 $0 0.00%

    For 2018, United Fidelity Bank Fsb's most frequently cited loan duration was Other, with 86 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 36 $1,870,000 $51,944 $0 0.00%
    $100k-200k 28 $3,910,000 $139,643 $0 0.00%
    $200k-400k 15 $3,755,000 $250,333 $0 0.00%
    $1MM+ 3 $23,945,000 $7,981,667 $0 0.00%
    $400k-600k 2 $1,050,000 $525,000 $0 0.00%
    $600k-1MM 2 $1,370,000 $685,000 $0 0.00%

    2018 saw United Fidelity Bank Fsb place emphasis on $100,000 or less loans with 36 originations, totaling $1,870,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 35 $2,965,000 $84,714 $0 0.00%
    $75k-100k 13 $1,695,000 $130,385 $0 0.00%
    $50k-75k 12 $1,870,000 $155,833 $0 0.00%
    $100k-150k 5 $815,000 $163,000 $0 0.00%
    $150k-250k 5 $1,315,000 $263,000 $0 0.00%
    $250k+ 3 $735,000 $245,000 $0 0.00%

    United Fidelity Bank Fsb lent most frequently to those with incomes in the $50k or less range, with 35 originations. The second most popular income band? $75k-100k, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 86 $35,900,000 $417,442 $0 0.00%

    United Fidelity Bank Fsb lent most frequently to those with DTI ratios of Exempt%, with 86 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 8 $25,720,000 $3,215,000 $0 0.00%
    White 59 $7,265,000 $123,136 $0 0.00%
    Black 16 $2,410,000 $150,625 $0 0.00%
    Asian 2 $290,000 $145,000 $0 0.00%
    Not provided 1 $215,000 $215,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    67.16%

    United Fidelity Bank Fsb has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    62.79%

    United Fidelity Bank Fsb 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
    Exempt 86 $35,900,000 $417,442

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 9 $25,885,000 $2,876,111
    Single Family (1-4 Units):Manufactured 5 $285,000 $57,000
    Single Family (1-4 Units):Site-Built 72 $9,730,000 $135,139

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Other type of mortgage Trouble during payment process 1 25.0%
    UNITED COMMUNITY BANK Conventional home mortgage Trouble during payment process 1 25.0%
    UNITED COMMUNITY BANK Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    UNITED COMMUNITY BANK Other type of mortgage Struggling to pay mortgage 1 25.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    United Fidelity Bank, fsb 10537 South Halsted Street Chicago, IL 60628 Full Service B&M $5,115
    United Fidelity Bank, fsb 14241 Metro Parkway Fort Myers, FL 33912 Full Service B&M $23,852
    United Fidelity Bank, fsb 1701 West 87th Street Chicago, IL 60620 Full Service B&M $33,199
    United Fidelity Bank, fsb 18 Nw Fourth Street Evansville, IN 47708 Full Service B&M $90,729
    United Fidelity Bank, fsb 2480 West Alameda Avenue Denver, CO 80223 Full Service B&M $8,778
    United Fidelity Bank, fsb 319 N St Joseph Ave Evansville, IN 47712 Full Service B&M $2,551
    United Fidelity Bank, fsb 320 North Main Street Saint Elmo, IL 62458 Full Service B&M $12,561
    United Fidelity Bank, fsb 411 Ludlow Avenue Cincinnati, OH 45220 Full Service B&M $20,440
    United Fidelity Bank, fsb 4441 First Avenue Evansville, IN 47710 Full Service B&M $19,861
    United Fidelity Bank, fsb 4801 West Lloyd Expressway Evansville, IN 47712 Full Service B&M $14,171
    United Fidelity Bank, fsb 500 E 4th St Mount Vernon, IN 47620 Full Service B&M $60,008
    United Fidelity Bank, fsb 5025 Anchor Way Christiansted, VI 820 Full Service B&M $163,574
    United Fidelity Bank, fsb 6702 Peters Road Christiansted, VI 820 Full Service Retail $45,045
    United Fidelity Bank, fsb 700 South Green River Road Evansville, IN 47715 Full Service B&M $24,778
    United Fidelity Bank, fsb 715 Hanover Place Carmel, IN 46032 Full Service B&M $84,482
    United Fidelity Bank, fsb 810 E Locust Street Fort Branch, IN 47648 Full Service B&M $8,439
    United Fidelity Bank, fsb 8533 Bell Oaks Drive Newburgh, IN 47630 Full Service B&M $19,694
    United Fidelity Bank, fsb 978 South Havana Street Aurora, CO 80012 Full Service B&M $17,123

    For 2018, United Fidelity Bank Fsb had 18 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $19,389
    Net interest income $15,005
    Total noninterest income $14,664
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $389
    Trading account gains and fees $0
    Additional Noninterest Income $14,275
    Pre-tax net operating income $7,291
    Securities gains (or losses, -) $0
    Income before extraordinary items $7,084
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $7,084
    Minority interest net income $0
    Net income $7,084
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $7,084

    United Fidelity Bank Fsb's gross interest income from loans was $19,389,000.
    United Fidelity Bank Fsb's net interest income from loans was $15,005,000.
    United Fidelity Bank Fsb's fee based income from loans was $389,000.
    United Fidelity Bank Fsb's net income from loans was $7,084,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $4,384
    Provision for credit losses $150
    Total noninterest expense $22,228
    Salaries and employee benefits $10,873
    Premises and equipment expense $3,176
    Additional noninterest expense $8,179
    Applicable income taxes $207
    Net charge-offs $202
    Cash dividends $0

    United Fidelity Bank Fsb's interest expense for loans was $4,384,000.
    United Fidelity Bank Fsb's payroll and benefits expense were $10,873,000.
    United Fidelity Bank Fsb's property, plant and equipment expenses $3,176,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 3.0%
    Construction & Land Development loans 6.0%
    Nonfarm, nonresidential loans 4.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 2.0%
    HELOC loans 0.0%
    All other family 2.0%
    Commercial & industrial loans 0.0%
    Personal loans 4.0%
    Credit card loans 0.0%
    Other individual loans 4.0%
    Auto loans 1.0%
    Other consumer loans 8.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $682,717
    Deposits held in domestic offices $682,717
    Deposits by Individuals, partnerships, and corporations $517,563
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $164,668
    Deposits by Commercial banks and other depository institutions in U.S. $486
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $380,148
    Demand deposits $237,908
    Nontransaction accounts $302,569
    Money market deposit accounts (MMDAs) $108,760
    Other savings deposits (excluding MMDAs) $115,195
    Total time deposits $78,615
    Total time and savings deposits $444,809
    Noninterest-bearing deposits $237,908
    Interest-bearing deposits $444,809
    Retail deposits $673,035
    IRAs and Keogh plan accounts $8,877
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $798,296
    Cash & Balances due from depository institutions $42,243
    Interest-bearing balances $33,305
    Total securities $499,923
    Federal funds sold & reverse repurchase $0
    Net loans and leases $143,730
    Loan and leases loss allowance $1,834
    Trading account assets $0
    Bank premises and fixed assets $15,386
    Other real estate owned $570
    Goodwill and other intangibles $1,895
    All other assets $94,549

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $798,295
    Total Liabilities $703,428
    Total deposits $682,717
    Interest-bearing deposits $444,809
    Deposits held in domestic offices $682,717
    % insured (estimated) $53
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $4,000
    All other liabilities $16,711

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $143,730
    Loan and leases loss allowance $1,834
    Total loans and leases (domestic) $145,564
    All real estate loans $123,717
    Real estate loans in domestic offices $123,717
    Construction and development loans $4,100
    Residential 1-4 family construction $1,502
    Other construction, all land development and other land $2,598
    Loans secured by nonfarm nonresidential properties $32,138
    Nonfarm nonresidential secured by owner-occupied properties $12,075
    Commercial real estate & other non-farm, non-residential $20,063
    Multifamily residential real estate $6,537
    1-4 family residential loans $77,998
    Farmland loans $2,944
    Loans held in foreign offices $0
    Farm loans $1,753
    Commercial and industrial loans $5,949
    To non-U.S. addressees $0
    Loans to individuals $1,120
    Credit card loans $0
    Related Plans $85
    Consumer Auto Loans $660
    Other loans to individuals $375
    All other loans & leases $13,025
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $795
    Non 1-4 family restructured loans & leases $369
    Total loans and leases (foreign) $0

    United Fidelity Bank fsb had $143,730,000 of loans outstanding in 2018. $123,717,000 of loans were in real estate loans. $4,100,000 of loans were in development loans. $6,537,000 of loans were in multifamily mortgage loans. $77,998,000 of loans were in 1-4 family mortgage loans. $1,753,000 of loans were in farm loans. $0 of loans were in credit card loans. $660,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 109 $16,927 $155,294
    Nonfarm, nonresidential loans - <$100k 18 $1,456 $80,889
    Nonfarm, nonresidential loans - $100-250k 45 $5,038 $111,956
    Nonfarm, nonresidential loans - $250k-1MM 46 $10,433 $226,804
    Commercial & Industrial, US addressed loans - <$1MM 58 $5,949 $102,569
    Commercial & Industrial, US addressed loans - <$100k 35 $870 $24,857
    Commercial & Industrial, US addressed loans - $100-250k 13 $1,907 $146,692
    Commercial & Industrial, US addressed loans - $250k-1MM 10 $3,172 $317,200
    Farmland loans - <$1MM 23 $2,944 $128,000
    Farmland loans - <$100k 13 $249 $19,154
    Farmland loans - $100-250k 6 $746 $124,333
    Farmland loans - $250k-1MM 4 $1,949 $487,250
    Agriculture operations loans - <$1MM 15 $1,753 $116,867
    Agriculture operations loans - <$100k 6 $129 $21,500
    Agriculture operations loans - $100-250k 7 $960 $137,143
    Agriculture operations loans - $250k-1MM 2 $664 $332,000