# The Union Bank Company

> **Canonical URL:** https://saferate.com/lenders/the-union-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


The Union Bank Company is a bank, headquartered in Columbus Grove, OH, serving borrowers across 29 states, with 348 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 28% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 45% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 254900BDGU9FU91PQA51
- **Headquarters:** Columbus Grove, OH
- **Geographic Reach:** Near-National
- **States Served:** 29
- **State List:** AZ, CO, FL, GA, IL, IN, KY, LA, MA, MD, ME, MI, MO, NC, NH, NJ, NV, NY, OH, OR, PA, RI, SC, TN, UT, VA, WI, WV, WY
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 72/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 55/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.167%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,157
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 348
- **Dollar Volume:** $96 million
- **Applications Received:** 515
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $276,178
- **Average Borrower Income:** $120,560
- **Average Property Value:** $372,414

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (64%)
- ⭐ **FHA Gold Superstar** (65%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 60/100 | 269 | +0.227% | $1,205 | Sound ☺️ |
| FHA | 60/100 | 56 | +0.037% | $901 | Sound ☺️ |
| VA | 58/100 | 18 | -0.405% | $1,270 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 216 loans, Score: 59/100 (Sound)
- Refinance: 53 loans, Score: 47/100 (Sound)

**FHA:**
- Refinance: 37 loans, Score: 48/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 58/100 | 250 | $67M | +0.228% | Sound ☺️ |
| Refinance | 51/100 | 98 | $29M | +0.018% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| OH | 274 | 0.20% | 75/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Columbus, OH | OH | 154 | 78/100 |
| Non |  | 83 | 53/100 |
| Lima, OH | OH | 23 | 59/100 |

## Where This Lender Ranks

The Union Bank Company appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#6** in Columbus, OH for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/banks/va-loans)
- 🏆 **#7** in Ohio for USDA Loans (Banks)
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/banks/usda-loans)
- 🏆 **#7** in Lima, OH Banks
  - [View Full Rankings](https://saferate.com/lima-oh/best-mortgage-lenders/banks)
- 🏆 **#8** in Lima, OH for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/lima-oh/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#10** in Lima, OH
  - [View Full Rankings](https://saferate.com/lima-oh/best-mortgage-lenders)
- 🏆 **#12** in Columbus, OH for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#14** in Lima, OH for Conventional Loans
  - [View Full Rankings](https://saferate.com/lima-oh/best-mortgage-lenders/conventional-loans)
- 🏆 **#16** in Ohio for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/ohio/best-mortgage-lenders/banks/va-loans)
- 🏆 **#17** in Columbus, OH Banks
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/banks)
- 🏆 **#18** in Columbus, OH for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/columbus-oh/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does The Union Bank Company offer?

The Union Bank Company offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does The Union Bank Company offer mortgages?

The Union Bank Company offers mortgages in 29 states: AZ, CO, FL, GA, IL, IN, KY, LA, MA, MD, ME, MI, MO, NC, NH, NJ, NV, NY, OH, OR, PA, RI, SC, TN, UT, VA, WI, WV, WY.

### How competitive are The Union Bank Company's mortgage rates?

The Union Bank Company has a pricing score of 72/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.167% above market average.

### What type of lender is The Union Bank Company?

The Union Bank Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Columbus Grove, OH.

### What is The Union Bank Company's loan approval success rate?

The Union Bank Company has a pull-through score of 55/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/the-union-bank

### How to Cite

> "The Union Bank Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/the-union-bank

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