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Union Bank

BankMorrisville, VTHQDirectReviews near you on Google

We analyzed every closed loan from Union Bank 451 loans across 564 applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Safe Rate Ratings· each scored 1–5 against peer lenders
Pricing
Sound
3/5
vs. all lenders
Pull-through
Strong
4/5
closing strength
Product
Strong
4/5
Conventional · Jumbo
Place
Exceptional
5/5
Regional · 1 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Safe Rate Awards
Conventional Superstar
Conventional
Superstar
Jumbo Superstar
Jumbo
Superstar
Purchase Superstar
Purchase
Superstar
Refinance Superstar
Refinance
Superstar

Safe Rate Summary

What They Do Well

  • Strong pull through performance
  • Particularly strong in Conventional and Jumbo loans

Explore another lender or local market

Report Card

Union Bank performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Sound
+29.0 bps above market avg
3/5
Pull Through
Closing strength
Strong
Top 40% of lenders
4/5
By Loan Product· Specialization by type
Conventional
393 loans · 0.28% above market
Strong
Top 40% of lenders
4/5
Jumbo
42 loans · 0.48% above market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
412 loans · 0.29% above market
Strong
Top 40% of lenders
4/5
Refinance
39 loans · 0.31% above market
Sound
Top 60% of lenders
3/5
By Location· Geographic coverage
Geographic Reach
Regional · 2 markets
Strong
Top 40% of lenders
4/5

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Strong
Product
Strong
Pricing
Sound
Pull Through
Strong
Volume393
Mix87.1%
Spread
+0.276%Above
Fees
$1,883Fees
Jumbo Loans
Overall
Strong
Product
Strong
Pricing
Sound
Pull Through
Strong
Volume42
Mix9.3%
Spread
+0.480%Above
Fees
$1,997Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Strong
Product
Strong
Pricing
Sound
Pull Through
Strong
Volume412
Mix91.4%
Spread
+0.288%Above
Fees
$1,856Fees
Refinance
Overall
Sound
Product
Sound
Pricing
Sound
Pull Through
Strong
Volume39
Mix8.6%
Spread
+0.313%Above
Fees
$2,333Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
451
Applications
564
Volume
$176 million
Pricing & Closing
Avg Rate Spread
+0.290%
vs. market APOR
Avg Net Fees
$1,898
Origination − Credits
Pullthrough Rate
80.0%
Applications → Closed
Typical Borrower
Avg Loan Amount
$390,366
Avg Borrower Income
$219,792
Avg Property Value
$576,774

Geographic Coverage

Geographic Performance

Metro Areas
1
markets with activity
States Served
3
of 50 states + DC
Avg Place Specialization
Exceptional
5/5

States with Loan Originations

3Full-year 2024 · HMDA
3 states with loan originations
Loans originated
< 100100+None
Northeast3
MENHVT

Top Metro Areas by Place Specialization Score

Volume 132Mix 29.27% of portfolio
82/100
Exceptional

Top States by Place Specialization Score

Vermont
Vermont
1
VermontState
Volume 338Mix 74.94% of portfolio
90/100
Exceptional
New Hampshire
New Hampshire
2
New HampshireState
Volume 106Mix 23.50% of portfolio
74/100
Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion
Champion(80%+ = 40-50 points)
Superstar
Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.