Guardhill Financial Corp. Mortgage Rates, Fees & Info

New York, NY

LEI: 254900P6Q7UI8DAKYX49

Tax ID: 13-3670961

1.1 stars - out of 5 stars, based on 33 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Guardhill Financial Corp. is a smaller mortgage company specializing in Home Purchase and Refi loans. Guardhill Financial Corp. 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.) Their top markets by origination volume include: New York, Bridgeport, Los Angeles, Miami, and San Francisco among others. We have data for 48 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Guardhill Financial Corp. has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Guardhill Financial Corp. 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.49% 3/19/23
    30 Year Conventional Refi 6.36% 3/19/23
    30 Year Cash-out Refi 6.53% 3/19/23
    30 Year FHA Purchase 7.55% 3/19/23
    15 Year Conventional Purchase 6.16% 3/19/23
    15 Year Conventional Refi 6.07% 3/19/23
    15 Year Cash-out Refi 6.07% 3/19/23
    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.


    Originations

    1,098

    Origination Dollar Volume (All Markets)

    $787,190,000

    Awards

    GuardHill Financial Corp. 30 Year Conventional Loans bronze
    Show all (1) awards

    Relative Rate

    Guardhill Financial Corp.'s average 30 year fixed mortgage rate was 3.03%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.12%.

    Relative Fees (Closing Costs)

    Guardhill Financial Corp.'s average total fees/closing costs for a 30 year fixed rate mortgage were $9,063.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 891 $627,915,000 $704,731 $8,856 2.99%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 45 $36,175,000 $803,889 $12,594 2.92%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 29 $35,725,000 $1,231,897 $13,043 2.96%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 21 $25,255,000 $1,202,619 $10,339 3.02%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $6,300,000 $1,575,000 $8,843 2.81%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $4,770,000 $1,192,500 $6,346 2.72%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 7 $4,495,000 $642,143 $5,609 2.73%
    Outside of Metro Areas 10 $3,950,000 $395,000 $6,907 3.14%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 6 $2,980,000 $496,667 $5,402 2.96%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $2,900,000 $1,450,000 $25,468 3.81%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 5 $2,855,000 $571,000 $7,830 2.90%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 5 $2,795,000 $559,000 $7,461 2.98%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 4 $2,580,000 $645,000 $8,377 2.81%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 1 $2,325,000 $2,325,000 $0 3.13%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $2,050,000 $1,025,000 $7,834 3.00%
    Torrington, CT (FHA|USDA|VA) 5 $1,705,000 $341,000 $7,602 3.03%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $1,570,000 $392,500 $6,962 3.09%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $1,465,000 $488,333 $7,724 2.83%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $1,400,000 $350,000 $7,141 2.94%
    PITTSFIELD, MA (FHA|USDA|VA) 4 $1,310,000 $327,500 $5,161 3.06%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $1,160,000 $580,000 $4,476 3.13%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 3 $1,095,000 $365,000 $4,652 3.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $995,000 $331,667 $4,548 3.04%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $980,000 $490,000 $5,130 2.69%
    PITTSBURGH, PA (FHA|USDA|VA) 3 $975,000 $325,000 $6,108 3.00%
    RICHMOND, VA (FHA|USDA|VA) 1 $865,000 $865,000 $6,889 3.25%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $820,000 $410,000 $6,106 2.94%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $790,000 $395,000 $6,907 2.75%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $785,000 $785,000 $6,396 3.25%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $785,000 $785,000 $5,190 3.50%
    Bennington, VT (FHA|USDA|VA) 2 $780,000 $390,000 $6,114 3.00%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $760,000 $380,000 $4,863 3.00%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $755,000 $755,000 $13,399 2.75%
    Hudson, NY (FHA|USDA|VA) 2 $640,000 $320,000 $5,447 3.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $625,000 $625,000 $7,398 2.75%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $545,000 $545,000 $10,228 2.00%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $490,000 $245,000 $3,895 2.88%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $445,000 $445,000 $4,934 3.13%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $325,000 $325,000 $7,016 3.38%
    WILMINGTON, NC (FHA|USDA|VA) 1 $275,000 $275,000 $4,570 3.25%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $265,000 $265,000 $3,740 2.13%
    READING, PA (FHA|USDA|VA) 1 $245,000 $245,000 $5,500 2.88%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $245,000 $245,000 $5,269 2.63%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $5,029 2.75%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $205,000 $205,000 $4,481 3.25%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $185,000 $185,000 $4,466 2.75%
    KINGSTON, NY (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.50%
    Guardhill Financial Corp.'s top markets include New York, Bridgeport, Los Angeles, Miami, and San Francisco among others.

    Their top states include:
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against GuardHill Financial Corp. 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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,096 $786,130,000 $717,272 $8,914 2.98%
    FHA 2 $1,060,000 $530,000 $15,291 3.38%

    For 2021, Guardhill Financial Corp.'s most frequently originated type of loan was Conventional, with 1,096 originations. Their 2nd most popular type was FHA, with 2 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 488 $358,030,000 $733,668 $8,328 3.09%
    Refi 486 $344,010,000 $707,840 $9,296 2.85%
    Cash Out Refi 124 $85,150,000 $686,694 $9,856 3.09%

    For 2021, Guardhill Financial Corp.'s most frequently cited loan purpose was Home Purchase, with 488 originations. The 2nd most popular reason was Refi, with 486 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 961 $709,435,000 $738,226 $9,063 3.03%
    15 Year 85 $42,595,000 $501,118 $7,459 2.58%
    20 Year 39 $29,795,000 $763,974 $8,945 2.74%
    Other 10 $4,680,000 $468,000 $7,378 2.81%
    10 Year 3 $685,000 $228,333 $12,432 2.71%

    For 2021, Guardhill Financial Corp.'s most frequently cited loan duration was 30 Year, with 961 originations. The 2nd most popular length was 15 Year, with 85 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 724 $495,930,000 $684,986
    $5k+ 212 $189,070,000 $891,840
    $1k-2k 64 $36,210,000 $565,781
    $4k-5k 29 $18,425,000 $635,345
    $3k-4k 28 $14,410,000 $514,643
    $<1k 18 $6,680,000 $371,111

    Guardhill Financial Corp.'s average total fees were $9,063, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 724 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 609 $456,935,000 $750,304
    3-4% 383 $243,085,000 $634,687
    <2.5% 94 $72,070,000 $766,702
    4-5% 7 $10,945,000 $1,563,571
    5-6% 3 $3,415,000 $1,138,333

    During 2021, Guardhill Financial Corp.'s average interest rate for loans was 3.03%, while their most frequently originated rate bucket for loans was 2.5-3%, with 609 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $600k-1MM 301 $230,975,000 $767,359 $9,031 2.99%
    $400k-600k 299 $148,345,000 $496,137 $7,629 2.99%
    $200k-400k 259 $78,775,000 $304,151 $6,094 2.97%
    $1MM+ 207 $323,955,000 $1,565,000 $14,766 2.96%
    $100k-200k 31 $5,055,000 $163,065 $4,861 3.06%
    $100,000 or less 1 $85,000 $85,000 $5,092 3.25%

    2021 saw Guardhill Financial Corp. place emphasis on $600k-1MM loans with 301 originations, totaling $230,975,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 531 $525,115,000 $988,917 $10,638 2.96%
    $150k-250k 287 $153,255,000 $533,990 $7,881 2.98%
    $100k-150k 174 $70,590,000 $405,690 $6,722 3.01%
    $75k-100k 81 $28,395,000 $350,556 $6,181 3.02%
    $50k-75k 20 $5,790,000 $289,500 $6,512 3.13%
    $50k or less 1 $165,000 $165,000 $5,825 3.25%

    Guardhill Financial Corp. lent most frequently to those with incomes in the $250k+ range, with 531 originations. The second most popular income band? $150k-250k, with 287 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 333 $245,005,000 $735,751 $8,801 2.93%
    30-36% 217 $162,355,000 $748,180 $9,079 3.01%
    <20% 188 $135,790,000 $722,287 $8,011 2.94%
    42% 41 $34,055,000 $830,610 $10,811 3.00%
    41% 37 $26,595,000 $718,784 $10,029 2.96%
    40% 37 $28,175,000 $761,486 $9,044 2.97%
    36% 36 $25,600,000 $711,111 $8,329 3.05%
    38% 31 $22,295,000 $719,194 $11,435 2.97%
    37% 29 $23,395,000 $806,724 $12,419 3.08%
    39% 26 $15,750,000 $605,769 $7,150 3.09%
    45% 21 $13,585,000 $646,905 $7,259 3.17%
    48% 20 $9,990,000 $499,500 $8,191 2.98%
    44% 18 $8,850,000 $491,667 $8,269 3.00%
    46% 18 $8,890,000 $493,889 $8,545 3.01%
    43% 16 $8,480,000 $530,000 $9,458 3.18%
    49% 14 $7,510,000 $536,429 $7,982 3.12%
    47% 12 $6,370,000 $530,833 $7,331 2.96%
    50-60% 2 $2,250,000 $1,125,000 $22,528 4.13%
    >60% 1 $265,000 $265,000 $4,370 3.13%

    Guardhill Financial Corp. lent most frequently to those with DTI ratios of 20-30%, with 333 originations. The next most common DTI ratio? 30-36%, with 217 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 802 $581,090,000 $724,551 $8,814 2.97%
    Not provided 187 $125,955,000 $673,556 $8,294 2.97%
    Asian 72 $54,060,000 $750,833 $11,643 3.15%
    Black 25 $17,905,000 $716,200 $10,664 3.11%
    Chinese 4 $3,770,000 $942,500 $5,983 3.03%
    Asian Indian 4 $2,650,000 $662,500 $6,899 2.97%
    Korean 2 $890,000 $445,000 $4,929 3.13%
    Filipino 1 $505,000 $505,000 $11,840 2.75%
    Japanese 1 $365,000 $365,000 $0 2.50%

    Approval Rates

    Total approvals of all applications
    95.06%

    Guardhill Financial Corp. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    58.11%

    Guardhill Financial Corp. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,098 $787,190,000 $716,931

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,098 $787,190,000 $716,931

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 133 $78,875,000 $593,045 $8,079 2.87%
    40-60% 282 $218,240,000 $773,901 $9,024 2.94%
    60-80% 514 $393,420,000 $765,409 $9,541 3.01%
    80-100% 150 $90,500,000 $603,333 $7,431 3.10%
    Under 20% 19 $6,155,000 $323,947 $8,646 2.84%