Unity Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
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%
49th9.9% deniedPricingmedian rate spread over APOR, weight 30%
24th0.60 ptsProcesswithdrawn + incomplete share, weight 15%
27th17.2%Closing coststotal loan costs ÷ loan amount, weight 10%
73rd1.32% of loanTrend, 2024–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2024 | 426 | 308 | 7.0% | 8.8% | 7.19% | $166M |
| 2025 | 523 | 384 | 8.2% | 9.9% | 7.00% | $224M |
What Unity Bank 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
By loan type
Also: 1 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 90 investment properties.
Why Unity Bank denies applications
Primary reason reported for each of the 43 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Unity Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 82 | 59 | 12.9% |
| $100k – $150k | 102 | 80 | 7.9% |
| $150k – $250k | 155 | 117 | 8.5% |
| Over $250k | 156 | 108 | 10.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 113 | 88 | 7.4% |
| 35–44 | 133 | 106 | 6.1% |
| 45–54 | 125 | 81 | 12.5% |
| 55–64 | 81 | 57 | 15.9% |
| 65–74 | 43 | 28 | 14.7% |
Where Unity Bank lends
13 states and 53 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Jersey | 439 | 325 | 7.3% | 7.00% | #131 |
| Pennsylvania | 37 | 27 | 10.8% | 6.63% | #520 |
| New York | 32 | 20 | 15.6% | 6.56% | #373 |
| Florida | 6 | 6 | 0.0% | 6.69% | #1,073 |
Frequently asked questions
Unity Bank denied 9.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 49th percentile of small mortgage lenders.
The most common reason Unity Bank gave in 2025 was "credit history", cited on 39.5% 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 Unity Bank originated in 2025 was 7.00%, and its median rate spread over the average prime offer rate was 0.60 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 71% of its applications were for home purchases, 18% for refinancing (including cash-out), and 11% for home improvement or other purposes. By loan type: 98% conventional, 2% 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.