United Wholesale Mortgage

Pontiac, MI

United Wholesale Mortgage processed 493,978 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 366,078 loans with a 11.7% denial rate. Home Purchase was the primary loan purpose. Based in Pontiac, MI. The approval rate of 74.1% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. United Wholesale Mortgage's 74.1% origination rate tells you how often an application turned into funded money; the 11.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Collateral, Insufficient cash, which together explain the majority of rejections. Most activity concentrated in Conventional loans (311,346 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.

493,978
Applications
366,078
Originated
11.7%
Denial Rate
$380,061
Avg Loan Amount
Avg Interest Rate: 6.550% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 311,346 237,163 34,449 $379,036
FHA 110,164 74,402 18,484 $354,291
VA 70,939 53,385 4,586 $427,720
USDA 1,529 1,128 241 $234,189

Top loan types - United Wholesale Mortgage

Top loan types - United Wholesale Mortgage Horizontal bar chart of the top 4 items by value (applications). Top loan types - United Wholesale Mortgage Top 4 1. Conventional 311,346 2. FHA 110,164 3. VA 70,939 4. USDA 1,529 Top 5 loan types by application volume at United Wholesale Mortgage (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for United Wholesale Mortgage (LEI: 549300HW662MN1WU8550) · 2024 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
24,663
Collateral
18,333
Insufficient cash
13,522
Other
6,876
Credit history
2,284
Unverifiable information
1,686
Employment history
186
Credit application incomplete
34

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 311,743 245,315 $393,483
Cash-out Refinancing 95,968 60,369 $287,073
Refinancing 86,267 60,394 $435,002

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 288,711 77.3% 10.3%
Asian 43,805 76.0% 10.2%
Black or African American 40,518 67.1% 17.3%
Joint 10,548 80.4% 7.8%
American Indian or Alaska Native 3,293 70.9% 14.9%
2 or more minority races 1,782 74.2% 12.5%
Native Hawaiian or Other Pacific Islander 1,035 74.9% 12.7%

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 293,474 76.7% 10.3%
Hispanic or Latino 88,707 73.3% 14.0%
Joint 13,536 79.5% 8.3%

Nearby Lenders in MI

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did United Wholesale Mortgage process?
United Wholesale Mortgage processed 493,978 mortgage applications in the 2024 HMDA reporting year. Of these, 366,078 were originated (approved and funded), 46,939 were withdrawn by the applicant, and 57,760 were denied.
What is United Wholesale Mortgage's mortgage approval rate?
United Wholesale Mortgage has an approval (origination) rate of 74.1%, meaning 74.1% of all applications resulted in a funded mortgage. The denial rate is 11.7%.
What is the average loan amount at United Wholesale Mortgage?
The average mortgage loan amount at United Wholesale Mortgage is $380,061. The average interest rate is 6.550%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at United Wholesale Mortgage?
The most common reasons for mortgage denial at United Wholesale Mortgage are: Debt-to-income ratio, Collateral, Insufficient cash. In total, 57,760 applications were denied out of 493,978 total applications.
What types of mortgage loans does United Wholesale Mortgage offer?
United Wholesale Mortgage processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 311,346 applications and an average loan amount of $379,036.
What loan purposes does United Wholesale Mortgage serve?
United Wholesale Mortgage serves the following loan purposes: Home Purchase (311,743 applications), Cash-out Refinancing (95,968 applications), Refinancing (86,267 applications). Home Purchase is the most common purpose.
Where is United Wholesale Mortgage located?
United Wholesale Mortgage is headquartered in Pontiac, MI. The lender is identified by LEI 549300HW662MN1WU8550 in HMDA data.
How does United Wholesale Mortgage compare in lending across racial demographics?
United Wholesale Mortgage reports demographic lending data under HMDA requirements. White applicants have an approval rate of 77.3% and denial rate of 10.3%; Asian applicants have an approval rate of 76.0% and denial rate of 10.2%; Black or African American applicants have an approval rate of 67.1% and denial rate of 17.3%. This data reflects derived race categories as reported by applicants.

Data Sources

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.