United Security Financial Corp Mortgage Lending & HMDA Data, 2023

In 2023, United Security Financial Corp of Murray, UT reported 797 mortgage applications totaling $255.5 million, up 233% from 2022. The average application was for $320,608, and applicants reported an average income of $173,899. 8% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (147), Atlanta-Sandy Springs-Roswell, GA (54) and Houston-The Woodlands-Sugar Land, TX (26) (applications in parentheses).

Mortgage Company & Address United Security Financial Corp
930 East 6600 South
Murray, UT 84121
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 797
Total Mortgage Loan Application Amount $255,525,000
Average Mortgage Loan Application Amount $320,608
Highest Mortgage Loan Application Amount $1,405,000
Average Applicant Income $173,899
Highest Applicant Income $1,332,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records United Security Financial Corp filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for United Security Financial Corp by Metropolitan Area in 2023

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Phoenix-Mesa-Scottsdale, AZ 147 $ 50,135,000 $ 341,054 $ 142,000
Outside any metro area 75 $ 17,275,000 $ 230,333 $ 101,363
Atlanta-Sandy Springs-Roswell, GA 54 $ 19,220,000 $ 355,925 $ 323,000
Houston-The Woodlands-Sugar Land, TX 26 $ 7,700,000 $ 296,153 $ 170,000
Las Vegas-Henderson-Paradise, NV 26 $ 9,630,000 $ 370,384 $ 153,000
Richmond, VA 15 $ 3,875,000 $ 258,333 $ 0
Riverside-San Bernardino-Ontario, CA 15 $ 7,045,000 $ 469,666 $ 74,000
Tampa-St. Petersburg-Clearwater, FL 15 $ 4,365,000 $ 291,000 $ 170,000
Portland-Vancouver-Hillsboro, OR-WA 14 $ 7,020,000 $ 501,428 $ 206,000
Tucson, AZ 12 $ 3,500,000 $ 291,666 $ 157,000
Dallas-Plano-Irving, TX 11 $ 3,935,000 $ 357,727 $ 184,000
Alexandria, LA 10 $ 2,530,000 $ 253,000 $ 118,000
Chicago-Naperville, IL 10 $ 2,450,000 $ 245,000 $ 0
Orlando-Kissimmee-Sanford, FL 10 $ 3,280,000 $ 328,000 $ 0
Washington-Arlington-Alexandria, DC-VA-MD-WV 10 $ 3,810,000 $ 381,000 $ 183,000
Memphis, TN-MS-AR 9 $ 1,825,000 $ 202,777 $ 62,000
Nashville-Davidson--Murfreesboro--Franklin, TN 9 $ 3,675,000 $ 408,333 $ 501,000
Tacoma-Lakewood, WA 9 $ 4,175,000 $ 463,888 $ 0
Birmingham-Hoover, AL 8 $ 1,680,000 $ 210,000 $ 0
Lakeland-Winter Haven, FL 8 $ 2,430,000 $ 303,750 $ 0
Salt Lake City, UT 8 $ 3,710,000 $ 463,750 $ 299,000
Charlotte-Concord-Gastonia, NC-SC 7 $ 2,295,000 $ 327,857 $ 92,000
Fort Worth-Arlington, TX 7 $ 2,315,000 $ 330,714 $ 0
Cape Coral-Fort Myers, FL 6 $ 2,040,000 $ 340,000 $ 0
Los Angeles-Long Beach-Glendale, CA 6 $ 3,160,000 $ 526,666 $ 66,000
Newark, NJ-PA 6 $ 1,590,000 $ 265,000 $ 0
Sacramento--Roseville--Arden-Arcade, CA 6 $ 2,860,000 $ 476,666 $ 395,000
West Palm Beach-Boca Raton-Delray Beach, FL 6 $ 1,500,000 $ 250,000 $ 102,000
Beaumont-Port Arthur, TX 5 $ 1,225,000 $ 245,000 $ 0
Brunswick, GA 5 $ 1,075,000 $ 215,000 $ 0
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 5 $ 2,065,000 $ 413,000 $ 114,000
Indianapolis-Carmel-Anderson, IN 5 $ 1,195,000 $ 239,000 $ 0
Miami-Miami Beach-Kendall, FL 5 $ 2,225,000 $ 445,000 $ 107,000
Nassau County-Suffolk County, NY 5 $ 2,795,000 $ 559,000 $ 0
Oklahoma City, OK 5 $ 925,000 $ 185,000 $ 0
Palm Bay-Melbourne-Titusville, FL 5 $ 1,305,000 $ 261,000 $ 0
Port St. Lucie, FL 5 $ 1,855,000 $ 371,000 $ 109,000
Virginia Beach-Norfolk-Newport News, VA-NC 5 $ 1,405,000 $ 281,000 $ 70,000
Austin-Round Rock, TX 4 $ 1,550,000 $ 387,500 $ 0
Deltona-Daytona Beach-Ormond Beach, FL 4 $ 1,380,000 $ 345,000 $ 0
Durham-Chapel Hill, NC 4 $ 1,580,000 $ 395,000 $ 104,000
El Paso, TX 4 $ 900,000 $ 225,000 $ 0
Jacksonville, FL 4 $ 1,270,000 $ 317,500 $ 0
Tallahassee, FL 4 $ 860,000 $ 215,000 $ 0
Bakersfield, CA 3 $ 1,025,000 $ 341,666 $ 0
Bend-Redmond, OR 3 $ 1,605,000 $ 535,000 $ 148,000
Colorado Springs, CO 3 $ 1,025,000 $ 341,666 $ 0
Columbus, OH 3 $ 905,000 $ 301,666 $ 0
Detroit-Dearborn-Livonia, MI 3 $ 455,000 $ 151,666 $ 0
Gainesville, FL 3 $ 925,000 $ 308,333 $ 0
Kahului-Wailuku-Lahaina, HI 3 $ 1,835,000 $ 611,666 $ 0
Kansas City, MO-KS 3 $ 975,000 $ 325,000 $ 0
Modesto, CA 3 $ 1,205,000 $ 401,666 $ 0
Montgomery, AL 3 $ 415,000 $ 138,333 $ 0
New York-Jersey City-White Plains, NY-NJ 3 $ 2,015,000 $ 671,666 $ 0
Ocala, FL 3 $ 805,000 $ 268,333 $ 0
Ogden-Clearfield, UT 3 $ 1,245,000 $ 415,000 $ 0
Rockford, IL 3 $ 675,000 $ 225,000 $ 0
San Antonio-New Braunfels, TX 3 $ 885,000 $ 295,000 $ 0
Seattle-Bellevue-Everett, WA 3 $ 1,635,000 $ 545,000 $ 0
Albuquerque, NM 2 $ 630,000 $ 315,000 $ 0
Baltimore-Columbia-Towson, MD 2 $ 500,000 $ 250,000 $ 0
Cincinnati, OH-KY-IN 2 $ 440,000 $ 220,000 $ 0
Clarksville, TN-KY 2 $ 410,000 $ 205,000 $ 73,000
Cleveland-Elyria, OH 2 $ 290,000 $ 145,000 $ 0
Columbus, GA-AL 2 $ 680,000 $ 340,000 $ 0
Farmington, NM 2 $ 640,000 $ 320,000 $ 120,000
Gary, IN 2 $ 380,000 $ 190,000 $ 0
Huntsville, AL 2 $ 480,000 $ 240,000 $ 0
Jackson, MS 2 $ 540,000 $ 270,000 $ 136,000
Killeen-Temple, TX 2 $ 480,000 $ 240,000 $ 0
Knoxville, TN 2 $ 500,000 $ 250,000 $ 0
Lafayette, LA 2 $ 200,000 $ 100,000 $ 89,000
Lake Havasu City-Kingman, AZ 2 $ 420,000 $ 210,000 $ 0
Longview, TX 2 $ 540,000 $ 270,000 $ 0
Macon-Bibb County, GA 2 $ 520,000 $ 260,000 $ 0
New Orleans-Metairie, LA 2 $ 360,000 $ 180,000 $ 121,000
Omaha-Council Bluffs, NE-IA 2 $ 610,000 $ 305,000 $ 102,000
Philadelphia, PA 2 $ 370,000 $ 185,000 $ 82,000
Prescott Valley-Prescott, AZ 2 $ 570,000 $ 285,000 $ 0
Punta Gorda, FL 2 $ 630,000 $ 315,000 $ 0
Rome, GA 2 $ 410,000 $ 205,000 $ 0
Savannah, GA 2 $ 530,000 $ 265,000 $ 0
St. Louis, MO-IL 2 $ 320,000 $ 160,000 $ 0
Toledo, OH 2 $ 340,000 $ 170,000 $ 98,000
Tulsa, OK 2 $ 280,000 $ 140,000 $ 0
Warner Robins, GA 2 $ 440,000 $ 220,000 $ 0
Yuma, AZ 2 $ 370,000 $ 185,000 $ 0
Albany, GA 1 $ 125,000 $ 125,000 $ 0
Albany, OR 1 $ 405,000 $ 405,000 $ 0
Allentown-Bethlehem-Easton, PA-NJ 1 $ 185,000 $ 185,000 $ 0
Baton Rouge, LA 1 $ 215,000 $ 215,000 $ 0
Bismarck, ND 1 $ 265,000 $ 265,000 $ 0
Bremerton-Silverdale, WA 1 $ 415,000 $ 415,000 $ 0
California-Lexington Park, MD 1 $ 295,000 $ 295,000 $ 0
Charleston-North Charleston, SC 1 $ 345,000 $ 345,000 $ 0
Chattanooga, TN-GA 1 $ 145,000 $ 145,000 $ 0
Cheyenne, WY 1 $ 335,000 $ 335,000 $ 0
Coeur D'Alene, ID 1 $ 355,000 $ 355,000 $ 0
Corpus Christi, TX 1 $ 185,000 $ 185,000 $ 0
Crestview-Fort Walton Beach-Destin, FL 1 $ 255,000 $ 255,000 $ 0
Dalton, GA 1 $ 225,000 $ 225,000 $ 0
Daphne-Fairhope-Foley, AL 1 $ 195,000 $ 195,000 $ 0
Denver-Aurora-Lakewood, CO 1 $ 605,000 $ 605,000 $ 0
Des Moines-West Des Moines, IA 1 $ 145,000 $ 145,000 $ 0
Dothan, AL 1 $ 245,000 $ 245,000 $ 0
East Stroudsburg, PA 1 $ 245,000 $ 245,000 $ 0
Elgin, IL 1 $ 365,000 $ 365,000 $ 0
Evansville, IN-KY 1 $ 245,000 $ 245,000 $ 0
Fargo, ND-MN 1 $ 265,000 $ 265,000 $ 0
Florence, SC 1 $ 185,000 $ 185,000 $ 0
Fort Wayne, IN 1 $ 245,000 $ 245,000 $ 0
Fresno, CA 1 $ 365,000 $ 365,000 $ 0
Greeley, CO 1 $ 295,000 $ 295,000 $ 0
Greensboro-High Point, NC 1 $ 405,000 $ 405,000 $ 64,000
Greenville-Anderson-Mauldin, SC 1 $ 215,000 $ 215,000 $ 0
Hagerstown-Martinsburg, MD-WV 1 $ 215,000 $ 215,000 $ 0
Hartford-West Hartford-East Hartford, CT 1 $ 275,000 $ 275,000 $ 141,000
Hot Springs, AR 1 $ 355,000 $ 355,000 $ 0
Houma-Thibodaux, LA 1 $ 305,000 $ 305,000 $ 0
Johnson City, TN 1 $ 225,000 $ 225,000 $ 0
Jonesboro, AR 1 $ 165,000 $ 165,000 $ 0
Kennewick-Richland, WA 1 $ 255,000 $ 255,000 $ 0
Kingsport-Bristol-Bristol, TN-VA 1 $ 265,000 $ 265,000 $ 0
Lake County-Kenosha County, IL-WI 1 $ 245,000 $ 245,000 $ 0
Lewiston, ID-WA 1 $ 365,000 $ 365,000 $ 0
Lexington-Fayette, KY 1 $ 245,000 $ 245,000 $ 0
Little Rock-North Little Rock-Conway, AR 1 $ 335,000 $ 335,000 $ 0
Longview, WA 1 $ 345,000 $ 345,000 $ 0
Louisville/Jefferson County, KY-IN 1 $ 185,000 $ 185,000 $ 0
Madera, CA 1 $ 305,000 $ 305,000 $ 0
Medford, OR 1 $ 325,000 $ 325,000 $ 0
Merced, CA 1 $ 335,000 $ 335,000 $ 0
Milwaukee-Waukesha-West Allis, WI 1 $ 215,000 $ 215,000 $ 0
Mobile, AL 1 $ 215,000 $ 215,000 $ 0
Monroe, MI 1 $ 195,000 $ 195,000 $ 0
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 1 $ 285,000 $ 285,000 $ 0
Naples-Immokalee-Marco Island, FL 1 $ 385,000 $ 385,000 $ 0
New York-Newark, NY 1 $ 325,000 $ 325,000 $ 0
North Port-Sarasota-Bradenton, FL 1 $ 415,000 $ 415,000 $ 0
Olympia-Tumwater, WA 1 $ 395,000 $ 395,000 $ 0
Oxnard-Thousand Oaks-Ventura, CA 1 $ 665,000 $ 665,000 $ 0
Panama City, FL 1 $ 135,000 $ 135,000 $ 0
Pensacola-Ferry Pass-Brent, FL 1 $ 305,000 $ 305,000 $ 0
Reading, PA 1 $ 185,000 $ 185,000 $ 0
Salisbury, MD-DE 1 $ 375,000 $ 375,000 $ 0
San Diego-Carlsbad, CA 1 $ 675,000 $ 675,000 $ 0
Santa Rosa, CA 1 $ 715,000 $ 715,000 $ 0
Shreveport-Bossier City, LA 1 $ 85,000 $ 85,000 $ 34,000
Sierra Vista-Douglas, AZ 1 $ 185,000 $ 185,000 $ 0
Springfield, MA 1 $ 335,000 $ 335,000 $ 0
St. George, UT 1 $ 425,000 $ 425,000 $ 0
Staunton-Waynesboro, VA 1 $ 245,000 $ 245,000 $ 0
Stockton-Lodi, CA 1 $ 355,000 $ 355,000 $ 0
Valdosta, GA 1 $ 145,000 $ 145,000 $ 0
Waco, TX 1 $ 435,000 $ 435,000 $ 213,000
Washington-Baltimore-Arlington, DC 1 $ 365,000 $ 365,000 $ 0
Wenatchee, WA 1 $ 355,000 $ 355,000 $ 0
Winchester, VA-WV 1 $ 475,000 $ 475,000 $ 0
Winston-Salem, NC 1 $ 255,000 $ 255,000 $ 0
York-Hanover, PA 1 $ 245,000 $ 245,000 $ 0
Yuba City, CA 1 $ 475,000 $ 475,000 $ 0

Mortgage Loan Application Detail Totals for United Security Financial Corp in 2023

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 774 $247,600,000 $319,000 $1,405,000 $175,000 $1,332,000
Not Applicable 11 $4,325,000 $393,000 $625,000 $0 $0
Refinancing 11 $3,325,000 $302,000 $595,000 $103,000 $183,000
Cash-out Refinancing 1 $275,000 $275,000 $275,000 $102,000 $102,000
Home Improvement 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 678 $211,120,000 $311,000 $895,000 $0 $0
Black or African American 61 $22,555,000 $369,000 $1,405,000 $190,000 $1,332,000
Asian 36 $15,680,000 $435,000 $885,000 $163,000 $382,000
White 15 $3,965,000 $264,000 $435,000 $152,000 $567,000
Hispanic 5 $1,675,000 $335,000 $435,000 $123,000 $299,000
American Indian or Alaskan Native 1 $275,000 $275,000 $275,000 $141,000 $141,000
Not Provided 1 $255,000 $255,000 $255,000 $136,000 $136,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
FHA-insured (Federal Housing Administration) 722 $225,220,000 $311,000 $895,000 $139,000 $1,332,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 57 $22,185,000 $389,000 $885,000 $217,000 $983,000
VA-guaranteed (Veterans Administration) 18 $8,120,000 $451,000 $1,405,000 $144,000 $314,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Purchased By The Institution 678 $211,120,000 $311,000 $895,000 $0 $0
Loan Originated 65 $26,005,000 $400,000 $1,405,000 $159,000 $410,000
Application Withdrawn By Applicant 35 $11,035,000 $315,000 $885,000 $219,000 $1,332,000
Application Denied By Financial Institution 12 $4,090,000 $340,000 $545,000 $84,000 $162,000
Application Approved But Not Accepted 7 $3,275,000 $467,000 $1,405,000 $234,000 $877,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 785 $251,435,000 $320,000 $1,405,000 $183,000 $1,332,000
Debt-To-Income Ratio 7 $2,245,000 $320,000 $455,000 $79,000 $162,000
Insufficient Cash (Downpayment, Closing Cost) 2 $750,000 $375,000 $545,000 $142,000 $154,000
Credit History 2 $660,000 $330,000 $505,000 $53,000 $74,000
Employment History 1 $435,000 $435,000 $435,000 $71,000 $71,000
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into United Security Financial Corp's 2023 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess United Security Financial Corp's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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