The Mortgage Record
Lender report card · New Jersey

United Wholesale Mortgage

Pontiac, MI · What the federal mortgage record shows about how United Wholesale Mortgage treated New Jersey applicants, 2018–2025 — 61,283 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
89.6%
54,897 approved
Denial rate
10.4%
6,386 denied
Decisions
61,283
2018–2025
Avg. rate spread
+0.19 pp
vs. market benchmark
89.6% approved
10.4% denied

Share of 61,283 New Jersey applications United Wholesale Mortgage approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional91.9% of 48,818 · NJ 87%FHA77.4% of 9,753 · NJ 79%VA92.1% of 2,656 · NJ 80%USDA71.4% of 56 · NJ 87%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

80%84%88%92%96%92%93%93%92%87%85%85%84%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, United Wholesale Mortgage’s rates ran -0.12 pp lower than the typical New Jersey lender (average rate spread +0.19 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who United Wholesale Mortgage approves

By income
Under $50k64.9% · 2,471$50–75k84.7% · 7,451$75–100k88.4% · 10,764$100–150k91.3% · 18,213$150–250k93.2% · 15,092$250k+92.9% · 6,024
By debt-to-income
Under 36%95.4% · 20,73036–43%94.3% · 13,64043–50%92.9% · 18,014Over 50%55.9% · 7,373
By down payment (LTV)
20%+ down92.1% · 36,23410–20% down85.9% · 7,4205–10% down88.2% · 6,1313–5% down87.1% · 4,792Under 3% down61.8% · 1,943

Why United Wholesale Mortgage denied applications

Debt-to-income ratio50% of denialsCollateral (value/type)25% of denialsInsufficient cash to close20% of denialsOther11% of denialsCredit history5% of denialsUnverifiable information3% of denials

Where United Wholesale Mortgage lends in NJ

CountyDecisionsApproval
Middlesex County7,90489.6%
Bergen County7,42790.6%
Ocean County5,20890.0%
Monmouth County4,87591.1%
Burlington County4,21392.3%
Morris County3,95792.5%
Essex County3,89583.6%
Union County3,33287.0%

Fees & closing costs

Median total loan costs
$8,055
home purchase
As % of loan
2.35%
NJ median 1.93%
Priced originations
27,863
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on United Wholesale Mortgage’s home-purchase originations — 0.42 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $2,504. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by United Wholesale Mortgage (LEI 549300HW662MN1WU8550). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →