Homestreet Bank Mortgage Rates, Fees & Info
Seattle, WALEI: 01KWVG908KE7RKPTNP46
Tax ID: 91-1299114
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Mortgage Data
Review & Overview
Homestreet Bank is a mid-sized bank specializing in Home Purchase and Refi loans. Homestreet Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, Seattle, Portland, Riverside, and Phoenix among others. We have data for 94 markets. (Some data included below & more in-depth data is available with an active subscription.)Homestreet Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Homestreet Bank is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 7.28% | 12/16/24 |
| 30 Year Conventional Purchase | 6.42% | 12/16/24 |
| 30 Year Conventional Refi | 6.45% | 12/16/24 |
| 30 Year Cash-out Refi | 6.61% | 12/16/24 |
| 30 Year FHA Purchase | 7.04% | 12/16/24 |
| 30 Year FHA Refi | 6.25% | 12/16/24 |
| 30 Year VA Purchase | 6.13% | 12/16/24 |
| 30 Year VA Refi | 6.23% | 12/16/24 |
| 30 Year USDA Purchase | 6.38% | 12/16/24 |
| 15 Year Conventional Purchase | 6.14% | 12/16/24 |
| 15 Year Conventional Refi | 6.20% | 12/16/24 |
| 15 Year Cash-out Refi | 6.20% | 12/16/24 |
| 15 Year FHA Purchase | 5.82% | 12/16/24 |
| 15 Year VA Purchase | 6.08% | 12/16/24 |
| 15 Year VA Refi | 5.71% | 12/16/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Homestreet Bank Mortgage Calculator
Your Estimates
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,607Origination Dollar Volume (All Markets)
$3,387,745,000Awards
HomeStreet Bank - 2022
HomeStreet Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 261 | $852,805,000 | $3,267,452 | $11,297 | 4.75% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1,508 | $817,640,000 | $542,202 | $8,747 | 4.91% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 601 | $461,945,000 | $768,627 | $8,303 | 4.73% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 68 | $119,410,000 | $1,756,029 | $7,617 | 5.44% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 52 | $87,750,000 | $1,687,500 | $7,067 | 4.66% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 29 | $72,685,000 | $2,506,379 | $12,496 | 4.32% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 11 | $61,225,000 | $5,565,909 | $7,076 | 5.02% |
| MEDFORD, OR (FHA|USDA|VA) | 9 | $56,195,000 | $6,243,889 | $4,291 | 4.05% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 104 | $51,800,000 | $498,077 | $7,643 | 4.81% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 60 | $50,960,000 | $849,333 | $6,635 | 5.22% |
| WENATCHEE, WA (FHA|USDA|VA) | 58 | $46,890,000 | $808,448 | $7,897 | 4.63% |
| Outside of Metro Areas | 9 | $45,235,000 | $5,026,111 | $6,900 | 5.23% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $41,935,000 | $13,978,333 | $0 | 4.18% |
| LUBBOCK, TX (FHA|USDA|VA) | 3 | $38,505,000 | $12,835,000 | $0 | 4.37% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 105 | $37,955,000 | $361,476 | $8,351 | 5.03% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 3 | $33,065,000 | $11,021,667 | $0 | 4.05% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 91 | $32,575,000 | $357,967 | $9,249 | 5.05% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $31,505,000 | $31,505,000 | $0 | 3.35% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 7 | $30,015,000 | $4,287,857 | $0 | 5.33% |
| RENO, NV (FHA|USDA|VA) | 2 | $25,250,000 | $12,625,000 | $0 | 4.20% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $24,770,000 | $12,385,000 | $0 | 3.68% |
| PROVO-OREM, UT (FHA|USDA|VA) | 2 | $19,830,000 | $9,915,000 | $0 | 4.45% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 9 | $18,305,000 | $2,033,889 | $0 | 5.21% |
| BOISE CITY, ID (FHA|USDA|VA) | 13 | $17,975,000 | $1,382,692 | $11,394 | 4.47% |
| Newport, OR (FHA|USDA|VA) | 7 | $17,755,000 | $2,536,429 | $5,769 | 5.47% |
| Outside of Metro Areas | 62 | $17,490,000 | $282,097 | $7,224 | 4.77% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $17,195,000 | $3,439,000 | $23,969 | 4.80% |
| LONGVIEW, WA (FHA|USDA|VA) | 33 | $16,955,000 | $513,788 | $6,333 | 4.47% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 49 | $15,835,000 | $323,163 | $13,791 | 4.14% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 15 | $14,235,000 | $949,000 | $10,690 | 5.61% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $13,010,000 | $6,505,000 | $0 | 4.33% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $12,410,000 | $6,205,000 | $0 | 3.78% |
| SALEM, OR (FHA|USDA|VA) | 33 | $11,945,000 | $361,970 | $6,788 | 4.96% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 42 | $10,880,000 | $259,048 | $8,498 | 4.77% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $10,505,000 | $10,505,000 | $0 | 5.65% |
| Oak Harbor, WA (FHA|USDA|VA) | 21 | $9,405,000 | $447,857 | $6,304 | 5.08% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 2 | $9,110,000 | $4,555,000 | $4,476 | 4.14% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $8,780,000 | $4,390,000 | $0 | 4.25% |
| Ellensburg, WA (FHA|USDA|VA) | 12 | $7,640,000 | $636,667 | $6,977 | 4.65% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $7,505,000 | $7,505,000 | $0 | 4.70% |
| BEND, OR (FHA|USDA|VA) | 15 | $7,225,000 | $481,667 | $7,581 | 4.44% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 35 | $6,855,000 | $195,857 | $7,763 | 4.96% |
| Shelton, WA (FHA|USDA|VA) | 22 | $6,630,000 | $301,364 | $8,431 | 4.56% |
| Hilo, HI (FHA|USDA|VA) | 21 | $6,525,000 | $310,714 | $8,574 | 4.24% |
| Aberdeen, WA (FHA|USDA|VA) | 21 | $5,835,000 | $277,857 | $9,361 | 5.64% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 2 | $5,630,000 | $2,815,000 | $0 | 3.40% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 15 | $5,615,000 | $374,333 | $11,200 | 4.32% |
| Astoria, OR (FHA|USDA|VA) | 2 | $4,800,000 | $2,400,000 | $0 | 4.49% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 4 | $4,790,000 | $1,197,500 | $0 | 5.15% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 11 | $4,735,000 | $430,455 | $7,496 | 4.63% |
| Centralia, WA (FHA|USDA|VA) | 12 | $4,110,000 | $342,500 | $9,311 | 4.31% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 18 | $3,850,000 | $213,889 | $10,299 | 5.61% |
| BELLINGHAM, WA (FHA|USDA|VA) | 13 | $3,825,000 | $294,231 | $7,353 | 5.46% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $3,805,000 | $3,805,000 | $0 | 3.40% |
| YAKIMA, WA (FHA|USDA|VA) | 18 | $3,500,000 | $194,444 | $7,084 | 4.84% |
| FRESNO, CA (FHA|USDA|VA) | 4 | $3,150,000 | $787,500 | $8,488 | 3.84% |
| SALINAS, CA (FHA|USDA|VA) | 3 | $2,785,000 | $928,333 | $13,484 | 4.63% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $2,755,000 | $2,755,000 | $0 | 5.98% |
| NAPA, CA (FHA|USDA|VA) | 5 | $2,025,000 | $405,000 | $13,520 | 4.73% |
| Kapaa, HI (FHA|USDA|VA) | 6 | $1,890,000 | $315,000 | $17,462 | 3.71% |
| STOCKTON, CA (FHA|USDA|VA) | 8 | $1,810,000 | $226,250 | $8,242 | 5.36% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $1,605,000 | $1,605,000 | $0 | 3.30% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 3 | $1,565,000 | $521,667 | $4,634 | 4.08% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $1,210,000 | $605,000 | $0 | 4.70% |
| Sandpoint, ID (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $8,495 | 3.81% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 4 | $1,090,000 | $272,500 | $4,874 | 4.53% |
| Brookings, OR (FHA|USDA|VA) | 4 | $1,060,000 | $265,000 | $6,644 | 3.53% |
| ANCHORAGE, AK (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $6,546 | 4.29% |
| WALLA WALLA, WA (FHA|USDA|VA) | 6 | $870,000 | $145,000 | $4,608 | 4.88% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $0 | 5.15% |
| VALLEJO, CA (FHA|USDA|VA) | 5 | $675,000 | $135,000 | $0 | 6.05% |
| Pullman, WA (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $4,714 | 4.38% |
| Hood River, OR (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $6,584 | 5.25% |
| Moses Lake, WA (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $5,416 | 5.69% |
| CORVALLIS, OR (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $4,778 | 3.31% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $7,358 | 4.88% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,173 | 3.25% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $5,976 | 5.83% |
| Moscow, ID (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $13,464 | 6.50% |
| Coos Bay, OR (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $3,323 | 5.96% |
| Roseburg, OR (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,124 | 4.38% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $3,669 | 4.80% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $14,063 | 6.13% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 8.00% |
| CHICO, CA (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 5.50% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $4,177 | 3.63% |
| Mountain Home, ID (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $9,080 | 7.25% |
| Klamath Falls, OR (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $4,280 | 4.25% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,922 | 5.50% |
| Ontario, OR-ID (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $7,114 | 5.37% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,514 | 3.00% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.05% |
| The Dalles, OR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.14% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 9.84% |
Similar Lenders
We use machine learning to identify the top lenders compared against HomeStreet Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, Homestreet Bank's most frequently originated type of loan was Conventional, with 1,916 originations. Their 2nd most popular type was HELOC, with 1,422 originations.
Loan Reason
For 2022, Homestreet Bank's most frequently cited loan purpose was Home Purchase, with 1,456 originations. The 2nd most popular reason was Cash Out Refi, with 715 originations.
Loan Duration/Length
For 2022, Homestreet Bank's most frequently cited loan duration was 30 Year, with 2,018 originations. The 2nd most popular length was Other, with 1,434 originations.
Origination Fees/Closing Costs
Homestreet Bank's average total fees were $8,714, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 620 originations.
Interest Rates
During 2022, Homestreet Bank's average interest rate for loans was 4.39%, while their most frequently originated rate bucket for loans was 4-5%, with 1,215 originations.
Loan Sizing
2022 saw Homestreet Bank place emphasis on $200k-400k loans with 1,060 originations, totaling $311,220,000 in origination value.
Applicant Income
Homestreet Bank lent most frequently to those with incomes in the $150k-250k range, with 879 originations. The second most popular income band? $100k-150k, with 843 originations.
Applicant Debt to Income Ratio
Homestreet Bank lent most frequently to those with DTI ratios of 30-36%, with 569 originations. The next most common DTI ratio? 20-30%, with 528 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.53%
Homestreet Bank has an average approval rate.
Pick Rate
Approvals leading to origination81.92%
Homestreet Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,607 | $3,387,745,000 | $939,214 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3,607 | $3,387,745,000 | $939,214 |