<ARTICLE> 5 <CIK> 0000916823 <NAME> UNITED FINANCIAL MORTGAGE CORP <PERIOD-TYPE> YEAR YEAR <FISCAL-YEAR-END> APR-30-1998 APR-30-1999 <PERIOD-START> MAY-01-1997 MAY-01-1998 <PERIOD-END> APR-30-1998 APR-30-1999 <CASH> 1,974,011 4,344,937 <SECURITIES> 0 0 <RECEIVABLES> 0 0 <ALLOWANCES> 0 0 <INVENTORY> 0 0 <CURRENT-ASSETS> 16,885,708 38,946,588 <PP&E> 342,771 645,519 <DEPRECIATION> (200,484) (276,512) <TOTAL-ASSETS> 17,808,084 39,795,236 <CURRENT-LIABILITIES> 14,536,555 33,168,004 <BONDS> 0 0 <PREFERRED-MANDATORY> 0 0 <PREFERRED> 1,065,000 315,000 <COMMON> 2,382,895 6,529,332 <OTHER-SE> 0 0 <TOTAL-LIABILITY-AND-EQUITY> 17,808,084 39,795,236 <SALES> 6,730,416 8,571,594 <TOTAL-REVENUES> 7,382,596 10,045,228 <CGS> 0 0 <TOTAL-COSTS> 0 0 <OTHER-EXPENSES> 6,125,087 8,230,699 <LOSS-PROVISION> 0 0 <INTEREST-EXPENSE> 975,953 1,054,921 <INCOME-PRETAX> 281,556 759,608 <INCOME-TAX> 40,127 339,228 <INCOME-CONTINUING> 241,429 420,380 <DISCONTINUED> 0 0 <EXTRAORDINARY> 0 0 <CHANGES> 0 (67,665) <NET-INCOME> 241,429 352,715 <EPS-BASIC> .08 .09 <EPS-DILUTED> .07 .09