UNITED MORTGAGE CORP. closing costs and rates (2024)
In 2024, UNITED MORTGAGE CORP. originated 1,382 purchase mortgages at a median interest rate of 6.88% and median total closing costs of $13,703. That ranks #292 nationally by origination volume. For total closing costs among lenders with 500+ originations, UNITED MORTGAGE CORP. ranks #610. That is $6,962 above the national median of $6,741. UNITED MORTGAGE CORP. is most active in New York with 693 originations there.
Purchase Originations
1,382
Ranked #292 nationally
Median Total Costs
$13,703
+103.3% vs national ($6,741)
Median Rate
6.875%
+3.9% vs national (6.620%)
Median Origination
$6,595
Median Lender Credits
$1,000
Cost Rank (500+ vol.)
#610
among lenders with 500+ originations
Breakdown by loan type
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 796 | 6.990% | $10,787 | $6,261 |
| fha | 539 | 6.750% | $19,358 | $7,278 |
| va | 45 | 6.625% | $14,984 | $5,211 |
Active states
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| New York | 693 | 6.750% | $17,573 | #31 |
| New Jersey | 195 | 6.750% | $14,771 | #66 |
| Pennsylvania | 178 | 7.125% | $8,939 | #114 |
| Florida | 106 | 6.875% | $13,962 | #240 |
| Texas | 44 | 6.875% | $11,146 | — |
| Connecticut | 31 | 6.750% | $14,286 | — |
| Nevada | 19 | 6.875% | $9,981 | — |
| Ohio | 17 | 6.990% | $8,582 | — |
| South Carolina | 17 | 6.990% | $8,685 | — |
| Georgia | 15 | 7.125% | $11,938 | — |
| North Carolina | 15 | 6.750% | $13,968 | — |
| Michigan | 7 | 6.750% | $8,897 | — |
| Indiana | 5 | 7.125% | $9,468 | — |
| Kentucky | 5 | 6.625% | $16,158 | — |
| Tennessee | 5 | 7.000% | $11,504 | — |
| Maryland | 4 | 7.058% | $13,548 | — |
| Illinois | 3 | 6.990% | $10,926 | — |
| Oregon | 3 | 7.125% | $9,867 | — |
| Washington | 3 | 6.875% | $7,814 | — |
| California | 2 | 7.125% | $12,315 | — |
| Delaware | 2 | 6.933% | $7,067 | — |
| Oklahoma | 2 | 6.562% | $13,563 | — |
| Alabama | 1 | 6.625% | $5,860 | — |
| Arizona | 1 | 6.375% | $9,970 | — |
| Colorado | 1 | 5.250% | $33,793 | — |
| Iowa | 1 | 6.500% | $9,404 | — |
| Idaho | 1 | 7.490% | $10,259 | — |
| Massachusetts | 1 | 6.250% | $17,091 | — |
| Maine | 1 | 5.875% | $22,115 | — |
| Minnesota | 1 | 6.250% | $12,053 | — |
| Montana | 1 | 7.500% | $6,697 | — |
| Virginia | 1 | 6.500% | $17,150 | — |
| West Virginia | 1 | 8.375% | $17,153 | — |
Top counties by origination volume
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,960 | 7.125% | — | 22 | −$7,743 | |
| 2 | $8,149 | 6.750% | — | 33 | −$5,554 | |
| 3 | $8,859 | 7.125% | — | 102 | −$4,844 | |
| 4 | $11,623 | 6.875% | — | 17 | −$2,080 | |
| 5 | $13,490 | 6.875% | — | 13 | −$213 | |
| 6 | $13,964 | 6.750% | — | 17 | +$261 | |
| 7 | $14,944 | 6.495% | — | 14 | +$1,241 | |
| 8 | $15,504 | 6.875% | — | 297 | +$1,801 | |
| 9 | $15,658 | 6.625% | — | 21 | +$1,955 | |
| 10 | $16,033 | 6.500% | — | 11 | +$2,330 | |
| 11 | $17,601 | 6.688% | — | 10 | +$3,898 | |
| 12 | $18,307 | 6.875% | — | 151 | +$4,604 | |
| 13 | $18,988 | 6.750% | — | 25 | +$5,285 | |
| 14 | $19,312 | 6.870% | — | 16 | +$5,609 | |
| 15 | $19,684 | 6.625% | — | 22 | +$5,981 | |
| 16 | $20,127 | 6.750% | — | 28 | +$6,424 | |
| 17 | $20,469 | 6.625% | — | 17 | +$6,766 | |
| 18 | $22,234 | 6.750% | — | 107 | +$8,531 | |
| 19 | $24,914 | 6.625% | — | 30 | +$11,211 | |
| 20 | $27,647 | 6.750% | — | 29 | +$13,944 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2024. Sorted by median total loan costs.
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.