Union Home Mortgage Corp.

Strongsville, OH

Union Home Mortgage Corp. processed 36,843 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 27,440 loans with a 5.3% denial rate. Home Purchase was the primary loan purpose. Based in Strongsville, OH. The approval rate of 74.5% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Union Home Mortgage Corp. processed 36,843 HMDA-reported mortgage applications in 2024, originating 27,440 loans and denying 1,963 for a denial rate of 5.3% (applicants themselves withdrew 3,704 files before a decision). The average loan amount was $278,227 at a 6.909% average note rate, and applicants self-reported an average income of $38,000. The lender reports under LEI 549300RPOGWJRH63HS39 from Strongsville, OH.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Union Home Mortgage Corp.'s 74.5% origination rate tells you how often an application turned into funded money; the 5.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit application incomplete, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (25,551 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

36,843
Applications
27,440
Originated
5.3%
Denial Rate
$278,227
Avg Loan Amount
Avg Interest Rate: 6.909% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 25,551 19,257 1,267 $277,532
FHA 7,312 5,299 463 $263,535
VA 2,967 2,206 133 $349,193
USDA 1,013 678 100 $193,944

Top loan types — Union Home Mortgage Corp.

Top loan types — Union Home Mortgage Corp. Horizontal bar chart of the top 4 items by value (applications). Top loan types — Union Home Mortgage Corp. Top 4 1. Conventional 25,551 2. FHA 7,312 3. VA 2,967 4. USDA 1,013 Top 5 loan types by application volume at Union Home Mortgage Corp. (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Union Home Mortgage Corp. (LEI: 549300RPOGWJRH63HS39) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
809
Credit application incomplete
367
Collateral
297
Other
276
Credit history
216
Insufficient cash
126
Unverifiable information
126
Employment history
106

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 29,892 22,855 $283,946
Refinancing 3,085 2,223 $339,690
Cash-out Refinancing 2,035 1,381 $263,678
Other 1,065 548 $77,441
Home Improvement 766 433 $125,313

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 28,140 76.2% 4.8%
Black or African American 2,596 64.9% 8.9%
Asian 1,641 72.1% 5.8%
Joint 718 77.6% 3.6%
American Indian or Alaska Native 162 73.5% 7.4%
2 or more minority races 57 73.7% 8.8%
Native Hawaiian or Other Pacific Islander 50 60.0% 20.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 28,599 75.6% 5.0%
Hispanic or Latino 3,161 69.0% 7.8%
Joint 687 78.6% 3.2%

Nearby Lenders in OH

Other HMDA-reporting lenders in OH with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Union Home Mortgage Corp. process?
Union Home Mortgage Corp. processed 36,843 mortgage applications in the 2023 HMDA reporting year. Of these, 27,440 were originated (approved and funded), 3,704 were withdrawn by the applicant, and 1,963 were denied.
What is Union Home Mortgage Corp.'s mortgage approval rate?
Union Home Mortgage Corp. has an approval (origination) rate of 74.5%, meaning 74.5% of all applications resulted in a funded mortgage. The denial rate is 5.3%.
What is the average loan amount at Union Home Mortgage Corp.?
The average mortgage loan amount at Union Home Mortgage Corp. is $278,227. The average interest rate is 6.909%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at Union Home Mortgage Corp.?
The most common reasons for mortgage denial at Union Home Mortgage Corp. are: Debt-to-income ratio, Credit application incomplete, Collateral. In total, 1,963 applications were denied out of 36,843 total applications.
What types of mortgage loans does Union Home Mortgage Corp. offer?
Union Home Mortgage Corp. processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 25,551 applications and an average loan amount of $277,532.
What loan purposes does Union Home Mortgage Corp. serve?
Union Home Mortgage Corp. serves the following loan purposes: Home Purchase (29,892 applications), Refinancing (3,085 applications), Cash-out Refinancing (2,035 applications), Other (1,065 applications), Home Improvement (766 applications). Home Purchase is the most common purpose.
Where is Union Home Mortgage Corp. located?
Union Home Mortgage Corp. is headquartered in Strongsville, OH. The lender is identified by LEI 549300RPOGWJRH63HS39 in HMDA data.
How does Union Home Mortgage Corp. compare in lending across racial demographics?
Union Home Mortgage Corp. reports demographic lending data under HMDA requirements. White applicants have an approval rate of 76.2% and denial rate of 4.8%; Black or African American applicants have an approval rate of 64.9% and denial rate of 8.9%; Asian applicants have an approval rate of 72.1% and denial rate of 5.8%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.