United Fidelity Bank Fsb Mortgage Rates, Fees & Info

Evansville, IN

LEI: 549300RV3BMT6ES6TO70

Tax ID: 35-0298350

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

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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. Their top markets by origination volume include: Indianapolis, Atlanta, Columbus, Crestview, and Spartanburg among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)

United Fidelity Bank Fsb 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. United Fidelity Bank Fsb 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
30 Year Conventional Purchase 5.69% 3/28/24
30 Year Conventional Refi 6.40% 3/28/24
30 Year Cash-out Refi 4.91% 3/28/24
30 Year FHA Purchase 6.27% 3/28/24
30 Year VA Purchase 6.27% 3/28/24
15 Year Conventional Purchase 4.69% 3/28/24
15 Year Conventional Refi 6.23% 3/28/24
15 Year Cash-out Refi 6.23% 3/28/24
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

116

Origination Dollar Volume (All Markets)

$882,240,000

Employee count

238

Awards

United Fidelity Bank fsb 30 Year Conventional Loans gold United Fidelity Bank fsb 30 Year Conventional Loans gold
Show all (2) awards

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) 24 $359,720,000 $14,988,333 $2,721 2.80%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 8 $151,450,000 $18,931,250 $0 2.79%
COLUMBUS, OH (FHA|USDA|VA) 11 $134,065,000 $12,187,727 $0 2.91%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 8 $56,760,000 $7,095,000 $0 3.09%
SPARTANBURG, SC (FHA|USDA|VA) 4 $48,050,000 $12,012,500 $0 3.25%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $43,910,000 $21,955,000 $0 2.75%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $19,170,000 $9,585,000 $0 3.75%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $18,910,000 $9,455,000 $0 3.75%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $15,805,000 $15,805,000 $0 2.30%
JACKSONVILLE, NC (FHA|USDA|VA) 3 $13,055,000 $4,351,667 $0 3.02%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $6,550,000 $3,275,000 $0 3.10%
Crawfordsville, IN (FHA|USDA|VA) 2 $5,210,000 $2,605,000 $0 2.26%
EVANSVILLE, IN-KY (FHA|USDA|VA) 24 $4,690,000 $195,417 $2,581 3.06%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 8 $2,270,000 $283,750 $3,233 2.58%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 9 $1,215,000 $135,000 $2,517 2.92%
Outside of Metro Areas 2 $490,000 $245,000 $3,336 3.69%
SAN JUAN-BAYAMÓN-CAGUAS, PR (FHA|USDA|VA) 1 $415,000 $415,000 $12,013 2.38%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $205,000 $205,000 $0 4.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.25%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $125,000 $125,000 $2,354 2.75%
United Fidelity Bank Fsb's top markets include Indianapolis, Atlanta, Columbus, Crestview, and Spartanburg among others.

Their top states include:
  • Indiana (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • North Carolina (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.

    EVANSVILLE
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    United Fidelity Bank, fsb
    Similarity Rank: 340
    INDIANA MEMBERS CREDIT UNION
    Similarity Rank: 486
    CRANE
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    The District Federal Credit Union
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    U S WIDE FINANCIAL LLC
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    DENVER COMMUNITY
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 116 $882,240,000 $7,605,517 $3,039 2.96%

    For 2021, United Fidelity Bank Fsb's most frequently originated type of loan was Conventional, with 116 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 72 $712,390,000 $9,894,306 $3,500 3.04%
    Cash Out Refi 24 $124,290,000 $5,178,750 $2,860 2.80%
    Refi 19 $45,395,000 $2,389,211 $2,619 2.74%
    Home Improvement 1 $165,000 $165,000 $0 5.00%

    For 2021, United Fidelity Bank Fsb's most frequently cited loan purpose was Home Purchase, with 72 originations. The 2nd most popular reason was Cash Out Refi, with 24 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 66 $812,430,000 $12,309,545 $0 2.97%
    30 Year 25 $5,385,000 $215,400 $3,060 2.71%
    5 Year 11 $24,525,000 $2,229,545 $0 3.75%
    15 Year 8 $5,030,000 $628,750 $2,557 2.80%
    10 Year 5 $34,305,000 $6,861,000 $0 2.45%
    20 Year 1 $565,000 $565,000 $5,882 2.88%

    For 2021, United Fidelity Bank Fsb's most frequently cited loan duration was Other, with 66 originations. The 2nd most popular length was 30 Year, with 25 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 30 $5,770,000 $192,333
    $1k-2k 1 $65,000 $65,000
    $3k-4k 1 $565,000 $565,000
    $5k+ 1 $415,000 $415,000

    United Fidelity Bank Fsb's average total fees were $3,060, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 30 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 43 $441,785,000 $10,274,070
    3-4% 34 $266,230,000 $7,830,294
    <2.5% 28 $161,660,000 $5,773,571
    4-5% 11 $12,565,000 $1,142,273

    During 2021, United Fidelity Bank Fsb's average interest rate for loans was 2.71%, while their most frequently originated rate bucket for loans was 2.5-3%, with 43 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 61 $868,815,000 $14,242,869 $0 2.93%
    $200k-400k 19 $4,875,000 $256,579 $2,829 2.77%
    $100k-200k 16 $2,440,000 $152,500 $2,503 3.01%
    $100,000 or less 11 $735,000 $66,818 $2,554 3.14%
    $400k-600k 5 $2,315,000 $463,000 $8,948 3.19%
    $600k-1MM 4 $3,060,000 $765,000 $2,721 3.22%

    2021 saw United Fidelity Bank Fsb place emphasis on $1MM+ loans with 61 originations, totaling $868,815,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 10 $1,250,000 $125,000 $2,699 2.59%
    $75k-100k 8 $1,430,000 $178,750 $2,523 2.72%
    $50k-75k 7 $1,555,000 $222,143 $2,818 2.57%
    $100k-150k 4 $1,050,000 $262,500 $3,506 3.22%
    $150k-250k 4 $820,000 $205,000 $2,401 3.56%
    $250k+ 2 $660,000 $330,000 $7,675 2.75%

    United Fidelity Bank Fsb lent most frequently to those with incomes in the $50k or less range, with 10 originations. The second most popular income band? $75k-100k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 11 $2,435,000 $221,364 $2,642 2.82%
    <20% 7 $1,155,000 $165,000 $4,053 2.77%
    30-36% 7 $1,175,000 $167,857 $2,570 2.86%
    37% 3 $395,000 $131,667 $2,706 2.50%
    36% 2 $400,000 $200,000 $3,201 2.38%
    40% 2 $520,000 $260,000 $2,608 2.81%
    38% 1 $305,000 $305,000 $2,962 2.88%
    41% 1 $565,000 $565,000 $5,882 2.88%
    42% 1 $285,000 $285,000 $2,914 2.63%

    United Fidelity Bank Fsb lent most frequently to those with DTI ratios of 20-30%, with 11 originations. The next most common DTI ratio? <20%, with 7 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 80 $874,840,000 $10,935,500 $0 3.02%
    White 24 $5,060,000 $210,833 $3,071 2.86%
    Not provided 5 $1,055,000 $211,000 $2,722 2.48%
    Asian 2 $780,000 $390,000 $4,201 2.69%
    Black 5 $505,000 $101,000 $2,679 3.03%

    Approval Rates

    Total approvals of all applications
    93.84%

    United Fidelity Bank Fsb has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.62%

    United Fidelity Bank Fsb has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 116 $882,240,000 $7,605,517

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    116 $882,240,000 $7,605,517

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 7 $26,705,000 $3,815,000 $2,698 2.58%
    40-60% 16 $110,320,000 $6,895,000 $2,809 2.74%
    60-80% 37 $501,695,000 $13,559,324 $3,642 3.04%
    80-100% 18 $115,130,000 $6,396,111 $2,863 2.76%
    Over 100% 3 $1,625,000 $541,667 $0 3.58%
    Under 20% 35 $126,765,000 $3,621,857 $0 3.09%

    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 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 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%

    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 $5,204
    United Fidelity Bank, FSB 135 Perry Avenue, S.E. Fort Walton Beach, FL 32548 Full Service B&M $167,113
    United Fidelity Bank, FSB 14241 Metro Parkway Fort Myers, FL 33912 Full Service B&M $48,502
    United Fidelity Bank, FSB 1701 West 87th Street Chicago, IL 60620 Full Service B&M $42,100
    United Fidelity Bank, FSB 18 Nw 4th St Evansville, IN 47708 Full Service B&M $304,701
    United Fidelity Bank, FSB 2480 West Alameda Avenue Denver, CO 80223 Full Service B&M $11,181
    United Fidelity Bank, FSB 319 N St Joseph Ave Evansville, IN 47712 Full Service B&M $112,673
    United Fidelity Bank, FSB 320 North Main Street Saint Elmo, IL 62458 Full Service B&M $17,638
    United Fidelity Bank, FSB 363 East U.S. Highway 98 Destin, FL 32541 Full Service B&M $16,770
    United Fidelity Bank, FSB 4441 First Avenue Evansville, IN 47710 Full Service B&M $24,288
    United Fidelity Bank, FSB 4801 West Lloyd Expressway Evansville, IN 47712 Full Service B&M $22,038
    United Fidelity Bank, FSB 500 E 4th St Mount Vernon, IN 47620 Full Service B&M $80,609
    United Fidelity Bank, FSB 5025 Anchor Way, Gallows Bay Marketplace Christiansted, VI 820 Full Service B&M $237,549
    United Fidelity Bank, FSB 6702 Peters Road Christiansted, VI 820 Full Service Retail $94,104
    United Fidelity Bank, FSB 700 South Green River Road Evansville, IN 47715 Full Service B&M $30,037
    United Fidelity Bank, FSB 715 Hanover Place Carmel, IN 46032 Full Service B&M $178,681
    United Fidelity Bank, FSB 810 E Locust Street Fort Branch, IN 47648 Full Service B&M $19,215
    United Fidelity Bank, FSB 8533 Bell Oaks Drive Newburgh, IN 47630 Full Service B&M $34,149
    United Fidelity Bank, FSB 978 South Havana Street Aurora, CO 80012 Full Service B&M $17,646

    For 2021, United Fidelity Bank Fsb had 19 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $47,839
    Net interest income $42,682
    Total noninterest income $51,046
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $424
    Trading account gains and fees $0
    Additional Noninterest Income $50,622
    Pre-tax net operating income $35,432
    Securities gains (or losses, -) $1,628
    Income before extraordinary items $31,930
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $31,930
    Minority interest net income $0
    Net income $31,930
    Sale, conversion, retirement of capital stock, net $43,062
    Net operating income $30,529

    United Fidelity Bank Fsb's gross interest income from loans was $47,839,000.
    United Fidelity Bank Fsb's net interest income from loans was $42,682,000.
    United Fidelity Bank Fsb's fee based income from loans was $424,000.
    United Fidelity Bank Fsb's net income from loans was $31,930,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,157
    Provision for credit losses $1,800
    Total noninterest expense $56,496
    Salaries and employee benefits $21,217
    Premises and equipment expense $4,649
    Additional noninterest expense $30,630
    Applicable income taxes $5,130
    Net charge-offs $54
    Cash dividends $2,277

    United Fidelity Bank Fsb's interest expense for loans was $5,157,000.
    United Fidelity Bank Fsb's payroll and benefits expense were $21,217,000.
    United Fidelity Bank Fsb's property, plant and equipment expenses $4,649,000.

    Loan Performance

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

    Deposits

    Type Value (in 000's)
    Total deposits $2,308,386
    Deposits held in domestic offices $1,935,257
    Deposits by Individuals, partnerships, and corporations $1,433,935
    Deposits by U.S. Government $21,000
    Deposits by States and political subdivisions in the U.S. $423,262
    Deposits by Commercial banks and other depository institutions in U.S. $57,060
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $897,884
    Demand deposits $566,308
    Nontransaction accounts $1,037,373
    Money market deposit accounts (MMDAs) $599,285
    Other savings deposits (excluding MMDAs) $86,072
    Total time deposits $352,017
    Total time and savings deposits $1,368,949
    Noninterest-bearing deposits $224,360
    Interest-bearing deposits $1,710,897
    Retail deposits $1,628,447
    IRAs and Keogh plan accounts $9,748
    Brokered deposits $223,952
    Deposits held in foreign offices $373,129

    Assets

    Asset Value (in 000's)
    Total Assets $2,879,591
    Cash & Balances due from depository institutions $17,562
    Interest-bearing balances $7,147
    Total securities $1,144,919
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,141,386
    Loan and leases loss allowance $6,433
    Trading account assets $0
    Bank premises and fixed assets $31,941
    Other real estate owned $3,194
    Goodwill and other intangibles $2,697
    All other assets $537,892

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,879,591
    Total Liabilities $2,591,247
    Total deposits $2,308,386
    Interest-bearing deposits $1,866,871
    Deposits held in domestic offices $1,935,257
    % insured (estimated) $57
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $205,118
    Subordinated debt $4,000
    All other liabilities $73,743

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,141,386
    Loan and leases loss allowance $6,433
    Total loans and leases (domestic) $1,147,819
    All real estate loans $1,086,331
    Real estate loans in domestic offices $1,017,601
    Construction and development loans $13,182
    Residential 1-4 family construction $1,816
    Other construction, all land development and other land $11,366
    Loans secured by nonfarm nonresidential properties $123,314
    Nonfarm nonresidential secured by owner-occupied properties $50,827
    Commercial real estate & other non-farm, non-residential $72,487
    Multifamily residential real estate $717,615
    1-4 family residential loans $161,493
    Farmland loans $1,997
    Loans held in foreign offices $68,730
    Farm loans $532
    Commercial and industrial loans $47,917
    To non-U.S. addressees $0
    Loans to individuals $1,720
    Credit card loans $0
    Related Plans $47
    Consumer Auto Loans $482
    Other loans to individuals $1,191
    All other loans & leases $11,319
    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 $68,727
    Restructured Loans & leases $224
    Non 1-4 family restructured loans & leases $153
    Total loans and leases (foreign) $73,428

    United Fidelity Bank fsb had $1,141,386,000 of loans outstanding in 2021. $1,086,331,000 of loans were in real estate loans. $13,182,000 of loans were in development loans. $717,615,000 of loans were in multifamily mortgage loans. $161,493,000 of loans were in 1-4 family mortgage loans. $532,000 of loans were in farm loans. $0 of loans were in credit card loans. $482,000 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 168 $45,872 $273,048
    Nonfarm, nonresidential loans - <$100k 32 $1,677 $52,406
    Nonfarm, nonresidential loans - $100-250k 40 $4,663 $116,575
    Nonfarm, nonresidential loans - $250k-1MM 96 $39,532 $411,792
    Commercial & Industrial, US addressed loans - <$1MM 285 $25,789 $90,488
    Commercial & Industrial, US addressed loans - <$100k 193 $7,289 $37,767
    Commercial & Industrial, US addressed loans - $100-250k 46 $5,638 $122,565
    Commercial & Industrial, US addressed loans - $250k-1MM 46 $12,862 $279,609
    Farmland loans - <$1MM 15 $1,227 $81,800
    Farmland loans - <$100k 7 $231 $33,000
    Farmland loans - $100-250k 7 $663 $94,714
    Farmland loans - $250k-1MM 1 $333 $333,000
    Agriculture operations loans - <$1MM 6 $532 $88,667
    Agriculture operations loans - <$100k 3 $53 $17,667
    Agriculture operations loans - $100-250k 3 $479 $159,667