Mortgage lender · Ann Arbor, MI · LEI 549300BXWU32AYWT1A56

UIF review: approval odds, rates and grade (2025)

UIF earns a C, in line with the typical performance of mid-size mortgage lenders. It turned down 14.7% of the applications it decided on in 2025, which ranks in the 36th percentile for approval odds. Its median loan was priced 0.32 points above the average prime offer rate, ranking in the 38th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

2.6kApplications2025
63.5%Originatedof applications
14.7%Decision denial ratenational 22.6%
6.75%Median ratenational 6.63%
$635MLoan volume32 states

UIF at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

11.1%Denial rate (all applications)-6.91 pts vs national
14.7%Denial rate (decided applications)-7.89 pts vs national
63.5%Origination rate+5.49 pts vs national
18.2%Withdrawn by applicant
6.5%Closed for incompleteness
6.75%Median interest rate+0.13 pts vs national
0.32Median rate spread (pts over APOR)+0.07 pts vs national
$335,000Median loan amount
$5,416Median total loan costs
$125kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

36th14.7% denied

Pricingmedian rate spread over APOR, weight 30%

38th0.32 pts

Processwithdrawn + incomplete share, weight 15%

20th24.7%

Closing coststotal loan costs ÷ loan amount, weight 10%

76th1.62% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232,6751,7535.8%8.1%6.99%$618M
20242,7851,77810.8%14.3%6.99%$629M
20252,6371,67511.1%14.7%6.75%$635M

What UIF lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 2,217 84% · 10.5% denied
Refinance 300 11% · 11.3% denied
Cash-out refinance 61 2% · 19.7% denied
Home improvement 12 0% · 41.7% denied
Other / HELOC 47 2% · 17.0% denied

By loan type

Conventional 2,637 100% · 11.1% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 267 investment properties.

Why UIF denies applications

Primary reason reported for each of the 292 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 107 37%
Other 81 28%
Collateral 78 27%
Employment history 12 4%
Credit history 7 2%
Unverifiable information 5 2%
Incomplete application 2 1%

How these reasons compare nationally →

Who gets approved at UIF

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k20411129.3%
$50k – $100k71946514.8%
$100k – $150k66543211.4%
$150k – $250k64040714.5%
Over $250k38824711.4%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25955824.7%
25–3476748916.2%
35–4498761712.7%
45–5449634911.1%
55–6422313018.9%
65–74542130.0%

Where UIF lends

32 states and 328 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Texas3952577.6%6.75%#298
Michigan32622710.4%6.88%#166
New York26316114.8%6.63%#185
Illinois24213114.5%6.75%#221
Minnesota2121579.0%6.63%#135
New Jersey1359011.1%6.63%#238
Ohio1306813.1%6.56%#289
Pennsylvania119867.6%6.63%#355
Virginia1086610.2%6.81%#283
California1077010.3%6.88%#433
Florida925512.0%6.75%#498
Georgia885320.5%6.75%#355
Maryland623711.3%6.63%#294
North Carolina582812.1%6.88%#379
Indiana392018.0%6.75%#378
Washington392415.4%6.50%#316
Missouri33213.0%6.99%#392
Wisconsin291813.8%7.06%#390
Tennessee28173.6%6.63%#493
Massachusetts27183.7%6.88%#390
Oklahoma26180.0%6.81%#314
Connecticut13723.1%6.38%#347
South Carolina12108.3%6.50%#517
Kentucky9511.1%6.88%#436
Alabama860.0%6.87%#514
Iowa8425.0%5.81%#375
Delaware7514.3%6.88%#280
Oregon760.0%6.44%#396
Arizona650.0%6.38%#574
Colorado6316.7%6.38%#602

Frequently asked questions

UIF denied 14.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 36th percentile of mid-size mortgage lenders.

The most common reason UIF gave in 2025 was "debt-to-income ratio", cited on 36.6% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans UIF originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.32 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 84% of its applications were for home purchases, 14% for refinancing (including cash-out), and 2% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with UIF. Data sources · Methodology