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UNITED NORTHERN MORTGAGE BANKERS LIMITED

Independent Mortgage Company|LEVITTOWN, NY|Multi-Region
Loans Originated
836
Applications
1,171
Volume
$380 million
Offers loans directly to consumersSources loans from independent brokers
Overall Pricing
Acceptable
Overall Pull Through
Strong

Pricing and Pullthrough Overview

Average Rate Spread
+0.339%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$3,719
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
71.4%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and FHA loans

Things to Think About

  • Pricing may be below industry average

Report Card

UNITED NORTHERN MORTGAGE BANKERS LIMITED performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
StrongHighly Competitive
Products
Loan Type Specialists
Specialization score by loan product
Conventional
StrongHighly Competitive
FHA
StrongHighly Competitive
VA
SoundIndustry Standard
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
StrongHighly Competitive
Refinance
SoundIndustry Standard
Places
Geographic coverage
SoundMulti-Regional · 9 metro areas · 12 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$454,653
Average Borrower Income
$152,748
Average Property Value
$562,081

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Strong
Acceptable
Sound
63175.5%+0.268%$3,516
FHA Loans
Sound
Strong
Mediocre
Strong
18922.6%+0.657%$4,549
VA Loans
Sound
Sound
N/A
Strong
151.8%+0.003%$3,626

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Strong
Acceptable
Sound
76992.0%+0.349%$3,684
Refinance
Acceptable
Sound
Mediocre
Sound
678.0%+0.218%$4,138

Geographic Coverage

Metro Areas
8
States Served
12
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

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Top Metro Areas by Place Specialization Score

1
New York, NY-NJMSA
Volume: 378Mix: 45.22%
Place Specialization
Exceptional
2
Nassau County, NYMSA
Volume: 206Mix: 24.64%
Place Specialization
Strong
3
Kiryas Joel, NYMSA
Volume: 83Mix: 9.93%
Place Specialization
Strong
4
Bridgeport, CTMSA
Volume: 17Mix: 2.03%
Place Specialization
Sound
5
Lakewood, NJMSA
Volume: 20Mix: 2.39%
Place Specialization
Sound
6
Waterbury, CTMSA
Volume: 12Mix: 1.44%
Place Specialization
Sound
7
Newark, NJ, NJMSA
Volume: 12Mix: 1.44%
Place Specialization
Sound
8
Nashville, TNMSA
Volume: 12Mix: 1.44%
Place Specialization
Sound

Top States by Place Specialization Score

1
NYState
Volume: 670Mix: 80.14%
Place Specialization
Exceptional
2
NJState
Volume: 61Mix: 7.30%
Place Specialization
Sound
3
CTState
Volume: 35Mix: 4.19%
Place Specialization
Sound
4
TNState
Volume: 16Mix: 1.91%
Place Specialization
Sound
5
FLState
Volume: 21Mix: 2.51%
Place Specialization
Sound
6
PAState
Volume: 11Mix: 1.32%
Place Specialization
Acceptable

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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