# UNITY BANK

> **Canonical URL:** https://saferate.com/lenders/unity-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


UNITY BANK is a bank, headquartered in Clinton, NJ, serving borrowers across 8 states, with 243 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 64% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 45% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300FNQXUCMCVLKL76
- **Headquarters:** Clinton, NJ
- **Geographic Reach:** Multi-Region
- **States Served:** 8
- **State List:** CO, FL, MD, NC, NJ, NY, PA, SC
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 89.3%
- **Brokered/Wholesale:** 10.7%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 36/100
- Rating: ●●○○○ (2/5)

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

### Pricing Details
- **Average Rate Spread:** +0.560%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,863
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 243
- **Dollar Volume:** $133 million
- **Applications Received:** 326
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $546,399
- **Average Borrower Income:** $219,292
- **Average Property Value:** $862,037

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 43/100 | 210 | +0.558% | $1,880 | Sound ☺️ |
| FHA | 52/100 | 17 | +0.187% | $1,821 | Sound ☺️ |
| Jumbo | 63/100 | 16 | +1.050% | $1,672 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 175 loans, Score: 43/100 (Sound)
- Refinance: 35 loans, Score: 41/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 44/100 | 199 | $103M | +0.548% | Sound ☺️ |
| Refinance | 42/100 | 44 | $30M | +0.614% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NJ | 202 | 0.24% | 78/100 |
| PA | 24 | 0.02% | 49/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| New York | NY-NJ | 96 | 70/100 |
| Newark, NJ | NJ | 55 | 68/100 |
| Lakewood | NJ | 51 | 65/100 |
| Allentown | PA-NJ | 20 | 55/100 |

## Where This Lender Ranks

UNITY BANK appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#16** in Lakewood for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/lakewood/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#18** in New Jersey for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-jersey/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#18** in New Jersey for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-jersey/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#20** in Newark, NJ Banks
  - [View Full Rankings](https://saferate.com/newark-nj/best-mortgage-lenders/banks)

## Frequently Asked Questions

### What loan types does UNITY BANK offer?

UNITY BANK offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does UNITY BANK offer mortgages?

UNITY BANK offers mortgages in 8 states: CO, FL, MD, NC, NJ, NY, PA, SC.

### How competitive are UNITY BANK's mortgage rates?

UNITY BANK has a pricing score of 36/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.560% above market average.

### What type of lender is UNITY BANK?

UNITY BANK is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Clinton, NJ.

### What is UNITY BANK's loan approval success rate?

UNITY BANK 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/unity-bank

### How to Cite

> "UNITY BANK Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/unity-bank

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