Union Home Mortgage: Your Guide to Home Financing

About Union Home Mortgage

Union Home Mortgage is a private, full-service independent mortgage banking company headquartered in Strongsville, Ohio. Founded in 1970, the company operates in 48 states and Washington, D.C., and has an annual lending volume exceeding $5 billion.

Union Home Mortgage is licensed in 48 states and Washington, D.C., but it does not operate in Hawaii or New York. This means borrowers in those states will need to explore other mortgage lenders.

Sources: Wikipedia, Union Home Mortgage, SmartAsset

Featured Mortgage Products

Union Home Mortgage offers a variety of mortgage products to meet different home financing needs. These include conventional loans, refinancing options, FHA loans, VA loans, USDA loans, and new home construction loans. The company also provides a Home Equity Line of Credit (HELOC).

For first-time homebuyers, Union Home Mortgage offers a 1% Down Payment Program. Under this program, the buyer contributes 1% down, and Union Home Mortgage contributes up to 2% (no greater than $2,000) to reach a total of 3% down, subject to conditions.

In October 2025, Union Home Mortgage launched the UHM Platinum product suite, expanding its non-QM offerings with bank statement and DSCR products. The suite also includes QM options such as jumbo and non-owner-occupied loans.

Sources: Union Home Mortgage, SmartAsset

Current Rate Overview

Mortgage rates fluctuate, and current rates depend on market conditions. For context, as of April 1, 2025, the Consumer Financial Protection Bureau (CFPB) reported that for a 30-year fixed conventional mortgage, loan offers could range from 5.875% to 8.125% for a borrower with a 700 credit score and 10% down payment. For a 15-year fixed mortgage, offers ranged from 5.000% to 7.500%. For VA or FHA loans, offers ranged from 5.375% to 7.875%.

These figures are general market ranges and do not reflect Union Home Mortgage's specific rates. To get a personalized rate, contact a loan officer or use the tools available on their website.

Sources: Consumer Financial Protection Bureau

Popular Tools and Calculators

Union Home Mortgage provides online mortgage and refinancing calculators on its website. These tools can help you estimate potential monthly payments based on loan amount, interest rate, and term.

While direct online application is not available, you can use the calculators to get a sense of your budget. Then, to proceed, you can fill out a contact form, call a loan officer, or use the My UHM app for loan management and prequalification.

• Mortgage calculator for purchase scenarios
• Refinancing calculator to compare current payments
• My UHM mobile app for managing your loan and starting the process

Sources: Union Home Mortgage, SmartAsset

Application Process Overview

Getting prequalified is an important first step. Union Home Mortgage offers prequalification through its website and the My UHM app, giving you an estimate of how much you may be able to borrow.

To start the application, you can reach out through the website's contact form or by phone. The loan officer will guide you through the required documentation and steps. Union Home Mortgage does not accept applications from properties in New York through its website.

• Contact a loan officer or fill out a form to begin
• Use the My UHM app for prequalification and loan management
• Prepare necessary documents such as income and asset information

Sources: SmartAsset, Union Home Mortgage

Guides

To help you make informed decisions, Union Home Mortgage offers resources on different loan types and mortgage options. Understanding the distinctions between conventional, FHA, and VA loans can help you choose the right fit.

Conventional loans are not government-insured, while FHA and VA loans are backed by federal agencies and may offer lower down payment requirements. Consider your financial situation and goals when exploring these options.

For a deeper dive, refer to our guides on loan types, the application process, and mortgage calculators to help you navigate each step.

• Learn more about loan types and find the right fit for your situation in our loan types guide.
• Get step-by-step guidance on the application journey in our application guide.
• Understand how to use a mortgage calculator effectively with our calculator guide.

Sources: Consumer Financial Protection Bureau