Guardhill Financial Corp. Mortgage Rates, Fees & Info

New York, NY

LEI: 254900P6Q7UI8DAKYX49

Tax ID: 13-3670961

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Mortgage Data

Review & Overview

Guardhill Financial Corp. is a smaller mortgage company specializing in Home Purchase, Cash Out Refi, 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 Diego among others. We have data for 31 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 an average 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 6.43% 3/28/24
30 Year Conventional Refi 6.32% 3/28/24
30 Year Cash-out Refi 6.75% 3/28/24
30 Year FHA Purchase 6.27% 3/28/24
15 Year Conventional Purchase 5.89% 3/28/24
15 Year Conventional Refi 6.07% 3/28/24
15 Year Cash-out Refi 6.07% 3/28/24
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.

Guardhill Financial Corp. Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Guardhill Financial Corp.. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

718

Origination Dollar Volume (All Markets)

$512,070,000

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) 485 $355,725,000 $733,454 $8,714 4.18%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 141 $97,095,000 $688,617 $6,497 4.03%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 20 $21,850,000 $1,092,500 $7,773 3.93%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 11 $6,545,000 $595,000 $10,577 4.32%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $5,960,000 $1,490,000 $6,425 3.88%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 5 $2,535,000 $507,000 $4,849 3.93%
Torrington, CT (FHA|USDA|VA) 5 $2,495,000 $499,000 $6,276 3.98%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 9 $2,405,000 $267,222 $5,220 4.24%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 6 $2,170,000 $361,667 $7,488 4.88%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $1,820,000 $910,000 $7,727 4.38%
KINGSTON, NY (FHA|USDA|VA) 3 $1,525,000 $508,333 $7,980 4.46%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $1,490,000 $745,000 $7,793 3.63%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $1,475,000 $1,475,000 $21,382 3.75%
Hudson, NY (FHA|USDA|VA) 3 $1,145,000 $381,667 $7,599 3.88%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $21,125 4.75%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $985,000 $985,000 $6,120 4.00%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $950,000 $475,000 $4,821 4.56%
Outside of Metro Areas 2 $530,000 $265,000 $5,539 4.31%
PITTSFIELD, MA (FHA|USDA|VA) 2 $510,000 $255,000 $4,523 4.31%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $465,000 $465,000 $5,121 4.25%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $445,000 $445,000 $3,601 3.63%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $440,000 $220,000 $4,920 3.88%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $405,000 $405,000 $4,859 3.88%
BINGHAMTON, NY (FHA|USDA|VA) 1 $375,000 $375,000 $5,647 3.38%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $325,000 $325,000 $10,971 5.38%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $305,000 $305,000 $5,175 4.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $275,000 $275,000 $4,932 5.00%
WILMINGTON, NC (FHA|USDA|VA) 1 $275,000 $275,000 $4,292 4.50%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $215,000 $215,000 $4,576 4.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $215,000 $215,000 $4,566 3.88%
Oneonta, NY (FHA|USDA|VA) 1 $115,000 $115,000 $4,959 4.75%
Guardhill Financial Corp.'s top markets include New York, Bridgeport, Los Angeles, Miami, and San Diego among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 706 $507,310,000 $718,569 $8,005 4.15%
    FHA 12 $4,760,000 $396,667 $12,055 4.06%

    For 2019, Guardhill Financial Corp.'s most frequently originated type of loan was Conventional, with 706 originations. Their 2nd most popular type was FHA, with 12 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 424 $295,490,000 $696,910 $8,239 4.25%
    Cash Out Refi 151 $105,335,000 $697,583 $8,777 4.15%
    Refi 143 $111,245,000 $777,937 $6,867 3.83%

    For 2019, Guardhill Financial Corp.'s most frequently cited loan purpose was Home Purchase, with 424 originations. The 2nd most popular reason was Cash Out Refi, with 151 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 679 $491,355,000 $723,645 $8,190 4.17%
    15 Year 23 $13,575,000 $590,217 $6,428 3.66%
    20 Year 10 $4,680,000 $468,000 $6,019 4.04%
    Other 5 $1,975,000 $395,000 $4,927 4.08%
    10 Year 1 $485,000 $485,000 $6,599 3.25%

    For 2019, Guardhill Financial Corp.'s most frequently cited loan duration was 30 Year, with 679 originations. The 2nd most popular length was 15 Year, with 23 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 366 $238,390,000 $651,339
    $2k-3k 153 $101,675,000 $664,542
    $5k+ 128 $123,250,000 $962,891
    $3k-4k 27 $13,155,000 $487,222
    $4k-5k 17 $9,795,000 $576,176
    $<1k 1 $445,000 $445,000

    Guardhill Financial Corp.'s average total fees were $8,190, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 366 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 362 $260,910,000 $720,746
    4-5% 285 $193,285,000 $678,193
    5-6% 61 $47,225,000 $774,180
    6-7% 3 $3,725,000 $1,241,667
    2.5-3% 2 $1,790,000 $895,000

    During 2019, Guardhill Financial Corp.'s average interest rate for loans was 4.17%, while their most frequently originated rate bucket for loans was 3-4%, with 362 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 204 $99,710,000 $488,775 $6,969 4.14%
    $600k-1MM 182 $139,040,000 $763,956 $8,568 4.09%
    $200k-400k 150 $46,130,000 $307,533 $5,491 4.21%
    $1MM+ 147 $221,725,000 $1,508,333 $12,745 4.13%
    $100k-200k 34 $5,370,000 $157,941 $4,847 4.30%
    $100,000 or less 1 $95,000 $95,000 $4,331 3.88%

    2019 saw Guardhill Financial Corp. place emphasis on $400k-600k loans with 204 originations, totaling $99,710,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 343 $342,385,000 $998,207 $9,661 4.12%
    $150k-250k 190 $97,870,000 $515,105 $6,747 4.14%
    $100k-150k 97 $39,975,000 $412,113 $6,592 4.19%
    $75k-100k 44 $16,170,000 $367,500 $6,710 4.17%
    $50k-75k 33 $7,825,000 $237,121 $5,004 4.15%
    $50k or less 8 $4,860,000 $607,500 $8,669 4.48%

    Guardhill Financial Corp. lent most frequently to those with incomes in the $250k+ range, with 343 originations. The second most popular income band? $150k-250k, with 190 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 196 $139,850,000 $713,520 $7,475 4.05%
    30-36% 144 $103,410,000 $718,125 $8,223 4.14%
    <20% 79 $61,635,000 $780,190 $8,442 4.21%
    38% 31 $18,495,000 $596,613 $6,992 4.31%
    37% 29 $19,335,000 $666,724 $8,181 4.07%
    42% 27 $16,805,000 $622,407 $8,532 4.19%
    39% 25 $16,015,000 $640,600 $6,033 4.11%
    41% 24 $14,810,000 $617,083 $7,636 4.10%
    40% 23 $20,605,000 $895,870 $10,867 4.13%
    36% 23 $21,895,000 $951,957 $8,593 4.01%
    43% 18 $12,950,000 $719,444 $6,624 4.04%
    45% 16 $6,390,000 $399,375 $8,318 4.34%
    49% 15 $8,585,000 $572,333 $7,566 4.33%
    44% 14 $7,520,000 $537,143 $9,873 4.52%
    50-60% 12 $14,900,000 $1,241,667 $15,792 4.69%
    46% 12 $4,560,000 $380,000 $5,825 4.20%
    47% 12 $4,720,000 $393,333 $5,551 4.33%
    48% 8 $3,740,000 $467,500 $6,829 4.14%
    >60% 8 $12,520,000 $1,565,000 $16,170 4.02%

    Guardhill Financial Corp. lent most frequently to those with DTI ratios of 20-30%, with 196 originations. The next most common DTI ratio? 30-36%, with 144 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 509 $350,945,000 $689,479 $7,485 4.07%
    Asian 81 $70,585,000 $871,420 $13,222 4.70%
    Not provided 98 $70,480,000 $719,184 $7,593 4.05%
    Black 23 $17,335,000 $753,696 $7,263 4.24%
    Other Asian 2 $840,000 $420,000 $7,150 4.63%
    Korean 1 $675,000 $675,000 $6,492 4.63%
    Chinese 1 $585,000 $585,000 $9,129 4.88%
    Asian Indian 1 $305,000 $305,000 $3,984 4.50%
    American Indian 1 $205,000 $205,000 $5,082 4.00%
    Other Pacific Islander 1 $115,000 $115,000 $5,721 3.75%

    Approval Rates

    Total approvals of all applications
    92.33%

    Guardhill Financial Corp. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    35.65%

    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
    1770.0 1 $725,000 $725,000
    3135.0 1 $545,000 $545,000
    3217.0 1 $675,000 $675,000
    6972.5 1 $315,000 $315,000
    NA 714 $509,810,000 $714,020

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 718 $512,070,000 $713,189

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 54 $37,490,000 $694,259 $7,234 4.01%
    40-60% 161 $131,565,000 $817,174 $8,904 4.05%
    60-80% 338 $251,290,000 $743,462 $8,465 4.20%
    80-100% 151 $83,695,000 $554,272 $6,742 4.19%
    Under 20% 12 $4,700,000 $391,667 $6,369 4.13%