The Mortgage Record
Lender report card · New Jersey

United Mortgage Corp.

Melville, NY · What the federal mortgage record shows about how United Mortgage Corp. treated New Jersey applicants, 2018–2025 — 5,244 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
95.9%
5,029 approved
Denial rate
4.1%
215 denied
Decisions
5,244
2018–2025
Avg. rate spread
+0.72 pp
vs. market benchmark
95.9% approved
4.1% denied

Share of 5,244 New Jersey applications United Mortgage Corp. approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional96.9% of 3,182 · NJ 87%FHA94.4% of 1,945 · NJ 79%VA94.7% of 113 · NJ 80%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

91%93%95%97%99%95%97%96%96%95%96%98%94%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, United Mortgage Corp.’s rates ran +0.21 pp higher than the typical New Jersey lender (average rate spread +0.72 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who United Mortgage Corp. approves

By income
Under $50k91.4% · 430$50–75k93.6% · 846$75–100k97.2% · 1,160$100–150k96.6% · 1,532$150–250k96.2% · 920$250k+98.5% · 342
By debt-to-income
Under 36%98.2% · 1,44436–43%97.9% · 1,08943–50%97.6% · 1,800Over 50%86.0% · 844
By down payment (LTV)
20%+ down97.0% · 2,30210–20% down95.5% · 5745–10% down95.8% · 5953–5% down94.7% · 952Under 3% down94.3% · 141

Why United Mortgage Corp. denied applications

Debt-to-income ratio47% of denialsOther39% of denialsUnverifiable information18% of denialsCredit history17% of denialsCollateral (value/type)13% of denialsInsufficient cash to close8% of denials

Where United Mortgage Corp. lends in NJ

CountyDecisionsApproval
Passaic County86095.7%
Ocean County78698.1%
Essex County76793.0%
Bergen County55397.5%
Union County51494.6%
Middlesex County37496.5%
Monmouth County23796.2%
Hudson County23394.8%

Fees & closing costs

Median total loan costs
$10,457
home purchase
As % of loan
3.21%
NJ median 1.93%
Priced originations
2,496
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on United Mortgage Corp.’s home-purchase originations — 1.28 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $175. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare United Mortgage Corp. to other lenders for your profile

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by United Mortgage Corp. (LEI 5493005ICQ3QGEIWV618). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →