Mortgage lender · Levittown, NY · LEI 549300TCY9QY8BRDQJ12

United Northern Mortgage Bankers review: approval odds, rates and grade (2025)

United Northern Mortgage Bankers earns a C, in line with the typical performance of small mortgage lenders. It turned down 7.4% of the applications it decided on in 2025, which ranks in the 61st percentile for approval odds. Its median loan was priced 0.27 points above the average prime offer rate, ranking in the 50th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

1.2kApplications2025
66.7%Originatedof applications
7.4%Decision denial ratenational 22.6%
6.50%Median ratenational 6.63%
$375MLoan volume20 states

United Northern Mortgage Bankers at a glance, 2025

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

5.6%Denial rate (all applications)-12.35 pts vs national
7.4%Denial rate (decided applications)-15.19 pts vs national
66.7%Origination rate+8.66 pts vs national
18.5%Withdrawn by applicant
5.3%Closed for incompleteness
6.50%Median interest rate-0.13 pts vs national
0.27Median rate spread (pts over APOR)+0.02 pts vs national
$475,000Median loan amount
$8,903Median total loan costs
$149kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the C 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%

61st7.4% denied

Pricingmedian rate spread over APOR, weight 30%

50th0.27 pts

Processwithdrawn + incomplete share, weight 15%

12th23.8%

Closing coststotal loan costs ÷ loan amount, weight 10%

51st1.87% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,4149654.7%5.9%6.75%$416M
20241,2568845.4%6.7%6.75%$394M
20251,1897935.6%7.4%6.50%$375M

What United Northern Mortgage Bankers 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 1,017 86% · 5.7% denied
Refinance 172 14% · 5.2% denied

By loan type

Conventional 876 74% · 5.7% denied
FHA 267 22% · 5.2% denied
VA 46 4% · 6.5% denied

Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 71 investment properties.

Why United Northern Mortgage Bankers denies applications

Primary reason reported for each of the 67 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 21 31%
Collateral 21 31%
Insufficient cash 8 12%
Unverifiable information 7 10%
Credit history 5 7%
Other 5 7%

How these reasons compare nationally →

Who gets approved at United Northern Mortgage Bankers

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k18812311.3%
$100k – $150k3912618.9%
$150k – $250k4162914.6%
Over $250k1651083.4%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2527185.3%
25–343432386.4%
35–443662455.8%
45–5424115712.2%
55–64141906.9%
65–7461376.8%

Where United Northern Mortgage Bankers lends

20 states and 138 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
New York7865466.7%6.62%#107
New Jersey135852.2%6.63%#237
Tennessee75532.7%6.13%#362
Connecticut51315.9%6.63%#217
Georgia37160.0%6.49%#488
Florida32156.3%6.63%#678
Pennsylvania23140.0%6.50%#585
North Carolina15110.0%6.63%#563
Texas10620.0%7.06%#957
South Carolina7414.3%6.88%#598

Frequently asked questions

United Northern Mortgage Bankers denied 7.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 61st percentile of small mortgage lenders.

The most common reason United Northern Mortgage Bankers gave in 2025 was "debt-to-income ratio", cited on 31.3% 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 Northern Mortgage Bankers originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.27 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 86% of its applications were for home purchases, 14% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 74% conventional, 22% FHA, 4% 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 Northern Mortgage Bankers. Data sources · Methodology