Universal Mortgage & Finance, Inc. mortgage approval rate & lending review
Universal Mortgage & Finance, Inc. decided 351 mortgage applications and funded 319 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Universal Mortgage & Finance, Inc. reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to universalmortgage.com.
Universal Mortgage & Finance, Inc. at a glance
Approval is 6.6 points above the 84.3% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 90% | 233 / 260 | 100% | $385K | 233 |
| Cash-out refinance | 98% | 39 / 40 | 100% | $355K | 39 |
Universal Mortgage & Finance, Inc. lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maryland | 90% | $385K | 252 | 227 |
| Virginia | 96% | $375K | 26 | 25 |
| Florida | 91% | $255K | 22 | 20 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Questions about Universal Mortgage & Finance, Inc.
What is Universal Mortgage & Finance, Inc.'s mortgage approval rate?
Universal Mortgage & Finance, Inc. approved 90.9% of the 351 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.6 points above the 84.3% national rate for the same mix of loan types.
How often do borrowers take the loan Universal Mortgage & Finance, Inc. offers?
Borrowers accepted 100% of the loans Universal Mortgage & Finance, Inc. approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Universal Mortgage & Finance, Inc. make?
The typical home purchase mortgage loan Universal Mortgage & Finance, Inc. made was $385K; across all loan types its typical loan ran from $355K to $385K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Universal Mortgage & Finance, Inc. lend?
Universal Mortgage & Finance, Inc. decided applications in 13 of the states Fat Boy Data covers, most of them in Maryland, Virginia and Florida.
Can I apply to Universal Mortgage & Finance, Inc. directly?
Yes. Universal Mortgage & Finance, Inc. reports as a direct lender that takes applications from borrowers. Its website is universalmortgage.com.
Does this page show Universal Mortgage & Finance, Inc.'s interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Universal Mortgage & Finance, Inc. treats applications, then get a rate quote from the lender.