Mortgage lender · Western, IL · LEI 549300UKYJZO6CZXIX60

United Home Loans review: approval odds, rates and grade (2025)

United Home Loans earns a B, better than most small mortgage lenders. It turned down 2.7% of the applications it decided on in 2025, which ranks in the 85th percentile for approval odds. Its median loan was priced 0.26 points above the average prime offer rate, ranking in the 51st percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

729Applications2025
79.0%Originatedof applications
2.7%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$249MLoan volume16 states

United Home Loans at a glance, 2025

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

2.2%Denial rate (all applications)-15.79 pts vs national
2.7%Denial rate (decided applications)-19.89 pts vs national
79.0%Origination rate+20.98 pts vs national
18.8%Withdrawn by applicant
0.0%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.26Median rate spread (pts over APOR)+0.01 pts vs national
$375,000Median loan amount
$6,222Median total loan costs
$175kMedian applicant income
80%Median loan-to-value
1High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

85th2.7% denied

Pricingmedian rate spread over APOR, weight 30%

51st0.26 pts

Processwithdrawn + incomplete share, weight 15%

23rd18.8%

Closing coststotal loan costs ÷ loan amount, weight 10%

60th1.66% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20235374064.7%5.8%6.99%$145M
20246445311.9%2.2%6.88%$210M
20257295762.2%2.7%6.63%$249M

What United Home Loans 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 519 71% · 2.5% denied
Refinance 160 22% · 1.3% denied
Cash-out refinance 46 6% · 0.0% denied
Home improvement 4 1% · 25.0% denied

By loan type

Conventional 687 94% · 1.9% denied
FHA 29 4% · 10.3% denied
VA 10 1% · 0.0% denied
USDA / RHS 3 0% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 45 investment properties.

Why United Home Loans denies applications

Primary reason reported for each of the 16 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 7 44%
Other 3 19%
Employment history 2 13%
Debt-to-income ratio 2 13%
Insufficient cash 1 6%
Credit history 1 6%

How these reasons compare nationally →

Who gets approved at United Home Loans

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k1331033.7%
$100k – $150k1551155.7%
$150k – $250k2291881.1%
Over $250k1931561.3%
Applicant ageApplicationsOriginatedDecision denial rate
Under 25201115.4%
25–343072501.6%
35–442121683.5%
45–5491722.7%
55–6455434.4%
65–7433220.0%

Where United Home Loans lends

16 states and 80 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Illinois6034762.2%6.63%#116
Tennessee30223.3%6.56%#478
Indiana20165.0%6.50%#457
Florida14130.0%6.75%#837
Michigan13110.0%6.63%#486
Minnesota980.0%6.44%#482
Wisconsin750.0%6.63%#540
Ohio650.0%6.13%#689
Georgia550.0%6.75%#749

Frequently asked questions

United Home Loans denied 2.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 85th percentile of small mortgage lenders.

The most common reason United Home Loans gave in 2025 was "collateral", cited on 43.8% 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 United Home Loans originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.26 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 71% of its applications were for home purchases, 28% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 94% conventional, 4% FHA, 1% 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 United Home Loans. Data sources · Methodology