Silver Hill Funding Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300038578ZJ284Y20

Tax ID: 35-2551832

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Silver Hill Funding is a smaller mortgage company specializing in Cash Out Refi and Other loans. Silver Hill Funding has a high proportion of conventional loans. Their top markets by origination volume include: New York, Atlanta, Los Angeles, Miami, and New Haven among others. We have data for 175 markets. (Some data included below & more in-depth data is available with an active subscription.)

Silver Hill Funding 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. They typically have relatively high 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.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Refi 6.27% 2/25/24
30 Year Cash-out Refi 6.27% 2/25/24
15 Year Conventional Refi 5.68% 2/25/24
15 Year Cash-out Refi 5.68% 2/25/24
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.

Silver Hill Funding Mortgage Calculator






Your Estimates

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

This is not an official calculator from Silver Hill Funding. 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

1,402

Origination Dollar Volume (All Markets)

$524,460,000

Relative Rate

Silver Hill Funding's average 30 year fixed mortgage rate was 6.48%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 1.72%.

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) 179 $92,855,000 $518,743 $0 6.27%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 77 $27,025,000 $350,974 $0 6.63%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 26 $25,030,000 $962,692 $0 6.23%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 48 $24,400,000 $508,333 $0 6.74%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 49 $16,535,000 $337,449 $0 6.07%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 40 $15,450,000 $386,250 $0 6.60%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 60 $12,640,000 $210,667 $0 6.72%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 13 $12,465,000 $958,846 $0 6.00%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 42 $12,390,000 $295,000 $0 6.66%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 37 $11,815,000 $319,324 $0 7.32%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 16 $11,720,000 $732,500 $0 6.88%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 40 $10,790,000 $269,750 $0 6.28%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 29 $9,585,000 $330,517 $0 6.17%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 23 $8,765,000 $381,087 $0 6.96%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 21 $7,795,000 $371,190 $0 6.96%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 13 $7,485,000 $575,769 $0 6.38%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 13 $7,295,000 $561,154 $0 6.96%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 19 $7,095,000 $373,421 $0 6.95%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 19 $6,785,000 $357,105 $0 5.94%
JACKSONVILLE, FL (FHA|USDA|VA) 20 $5,990,000 $299,500 $0 6.08%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 10 $5,900,000 $590,000 $0 6.28%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 11 $5,855,000 $532,273 $0 7.47%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 12 $5,790,000 $482,500 $0 7.01%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 31 $5,635,000 $181,774 $0 5.78%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 27 $5,635,000 $208,704 $0 7.06%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 11 $5,565,000 $505,909 $0 5.51%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 9 $5,035,000 $559,444 $0 5.15%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 15 $4,475,000 $298,333 $0 6.72%
COLUMBUS, OH (FHA|USDA|VA) 10 $4,050,000 $405,000 $0 6.61%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $4,005,000 $572,143 $0 6.20%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 13 $3,945,000 $303,462 $0 6.45%
OCALA, FL (FHA|USDA|VA) 18 $3,870,000 $215,000 $0 5.26%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 10 $3,790,000 $379,000 $0 5.70%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 7 $3,335,000 $476,429 $0 6.75%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 12 $3,300,000 $275,000 $0 6.74%
PORT ST. LUCIE, FL (FHA|USDA|VA) 8 $3,160,000 $395,000 $0 7.23%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 17 $3,145,000 $185,000 $0 6.82%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 6 $3,090,000 $515,000 $0 4.27%
COLORADO SPRINGS, CO (FHA|USDA|VA) 8 $2,800,000 $350,000 $0 4.72%
WILMINGTON, NC (FHA|USDA|VA) 3 $2,725,000 $908,333 $0 7.17%
ST. LOUIS, MO-IL (FHA|USDA|VA) 10 $2,670,000 $267,000 $0 8.19%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 13 $2,635,000 $202,692 $0 6.38%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 9 $2,565,000 $285,000 $0 5.71%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $2,440,000 $305,000 $0 6.78%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $2,435,000 $811,667 $0 7.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 10 $2,430,000 $243,000 $0 7.04%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 7 $2,415,000 $345,000 $0 6.27%
PITTSBURGH, PA (FHA|USDA|VA) 8 $2,360,000 $295,000 $0 7.20%
PUNTA GORDA, FL (FHA|USDA|VA) 7 $2,255,000 $322,143 $0 4.80%
VISALIA, CA (FHA|USDA|VA) 3 $2,245,000 $748,333 $0 5.83%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 7 $2,085,000 $297,857 $0 6.73%
OKLAHOMA CITY, OK (FHA|USDA|VA) 10 $2,080,000 $208,000 $0 5.71%
Key West, FL (FHA|USDA|VA) 1 $1,865,000 $1,865,000 $0 5.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $1,820,000 $227,500 $0 5.92%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 11 $1,815,000 $165,000 $0 6.27%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 5 $1,795,000 $359,000 $0 6.48%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 9 $1,715,000 $190,556 $0 7.86%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 7 $1,665,000 $237,857 $0 6.18%
BATON ROUGE, LA (FHA|USDA|VA) 7 $1,635,000 $233,571 $0 6.04%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 9 $1,635,000 $181,667 $0 6.50%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 10 $1,630,000 $163,000 $0 7.35%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 4 $1,600,000 $400,000 $0 5.25%
EL PASO, TX (FHA|USDA|VA) 2 $1,580,000 $790,000 $0 6.19%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $1,475,000 $1,475,000 $0 7.50%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $1,430,000 $357,500 $0 6.28%
Outside of Metro Areas 3 $1,395,000 $465,000 $0 7.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $1,340,000 $670,000 $0 7.94%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 6 $1,270,000 $211,667 $0 6.88%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $1,255,000 $418,333 $0 7.21%
PANAMA CITY, FL (FHA|USDA|VA) 2 $1,240,000 $620,000 $0 7.31%
RALEIGH-CARY, NC (FHA|USDA|VA) 4 $1,230,000 $307,500 $0 5.97%
TUCSON, AZ (FHA|USDA|VA) 3 $1,225,000 $408,333 $0 6.42%
LOUISVILLE, KY (FHA|USDA|VA) 3 $1,215,000 $405,000 $0 5.92%
KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $1,210,000 $302,500 $0 7.63%
YUMA, AZ (FHA|USDA|VA) 1 $1,175,000 $1,175,000 $0 5.13%
RACINE, WI (FHA|USDA|VA) 7 $1,125,000 $160,714 $0 7.02%
RICHMOND, VA (FHA|USDA|VA) 4 $1,110,000 $277,500 $0 8.34%
WORCESTER, MA-CT (FHA|USDA|VA) 3 $1,095,000 $365,000 $0 7.08%
Vineyard Haven, MA (FHA|USDA|VA) 1 $1,085,000 $1,085,000 $0 6.88%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 6 $1,070,000 $178,333 $0 6.33%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $1,050,000 $525,000 $0 3.38%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $970,000 $485,000 $0 6.94%
JACKSON, MS (FHA|USDA|VA) 5 $935,000 $187,000 $0 7.00%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $935,000 $935,000 $0 6.13%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $930,000 $465,000 $0 8.06%
FRESNO, CA (FHA|USDA|VA) 1 $905,000 $905,000 $0 5.88%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $905,000 $905,000 $0 8.13%
ROCHESTER, NY (FHA|USDA|VA) 3 $905,000 $301,667 $0 7.58%
FORT COLLINS, CO (FHA|USDA|VA) 1 $885,000 $885,000 $0 8.88%
BAKERSFIELD, CA (FHA|USDA|VA) 3 $865,000 $288,333 $0 6.92%
AKRON, OH (FHA|USDA|VA) 3 $785,000 $261,667 $0 7.63%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $765,000 $255,000 $0 6.88%
MEDFORD, OR (FHA|USDA|VA) 1 $755,000 $755,000 $0 4.88%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 4 $750,000 $187,500 $0 6.34%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $745,000 $149,000 $0 7.05%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $720,000 $360,000 $0 7.44%
YAKIMA, WA (FHA|USDA|VA) 1 $715,000 $715,000 $0 6.88%
TOLEDO, OH (FHA|USDA|VA) 2 $690,000 $345,000 $0 7.06%
SPRINGFIELD, MO (FHA|USDA|VA) 4 $670,000 $167,500 $0 5.84%
COLUMBIA, SC (FHA|USDA|VA) 2 $630,000 $315,000 $0 6.50%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $605,000 $605,000 $0 5.63%
Torrington, CT (FHA|USDA|VA) 3 $585,000 $195,000 $0 5.29%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 3 $585,000 $195,000 $0 6.38%
SANTA FE, NM (FHA|USDA|VA) 1 $585,000 $585,000 $0 4.63%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $580,000 $290,000 $0 7.13%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $565,000 $565,000 $0 8.50%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $545,000 $545,000 $0 5.88%
WICHITA, KS (FHA|USDA|VA) 1 $505,000 $505,000 $0 6.38%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $480,000 $240,000 $0 6.94%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $465,000 $465,000 $0 9.63%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $435,000 $435,000 $0 6.38%
MONROE, LA (FHA|USDA|VA) 1 $425,000 $425,000 $0 8.88%
SALEM, OR (FHA|USDA|VA) 1 $415,000 $415,000 $0 8.25%
STOCKTON, CA (FHA|USDA|VA) 2 $410,000 $205,000 $0 8.13%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $400,000 $200,000 $0 4.63%
VALLEJO, CA (FHA|USDA|VA) 1 $395,000 $395,000 $0 6.50%
BINGHAMTON, NY (FHA|USDA|VA) 2 $390,000 $195,000 $0 6.31%
TULSA, OK (FHA|USDA|VA) 2 $390,000 $195,000 $0 5.50%
EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $380,000 $190,000 $0 6.38%
LINCOLN, NE (FHA|USDA|VA) 2 $370,000 $185,000 $0 6.00%
ST. GEORGE, UT (FHA|USDA|VA) 1 $335,000 $335,000 $0 6.13%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $335,000 $335,000 $0 6.25%
LAFAYETTE, LA (FHA|USDA|VA) 2 $330,000 $165,000 $0 6.88%
SYRACUSE, NY (FHA|USDA|VA) 3 $315,000 $105,000 $0 6.21%
Sonora, CA (FHA|USDA|VA) 1 $315,000 $315,000 $0 7.50%
MERCED, CA (FHA|USDA|VA) 1 $305,000 $305,000 $0 7.13%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $300,000 $150,000 $0 7.38%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $290,000 $145,000 $0 8.50%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $280,000 $140,000 $0 4.50%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $275,000 $275,000 $0 7.75%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.63%
Okeechobee, FL (FHA|USDA|VA) 2 $250,000 $125,000 $0 3.25%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $250,000 $125,000 $0 7.25%
MODESTO, CA (FHA|USDA|VA) 1 $245,000 $245,000 $0 7.25%
Pottsville, PA (FHA|USDA|VA) 2 $230,000 $115,000 $0 5.75%
READING, PA (FHA|USDA|VA) 2 $230,000 $115,000 $0 6.44%
KNOXVILLE, TN (FHA|USDA|VA) 2 $230,000 $115,000 $0 5.06%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.00%
GLENS FALLS, NY (FHA|USDA|VA) 1 $225,000 $225,000 $0 7.00%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.63%
FORT WAYNE, IN (FHA|USDA|VA) 1 $225,000 $225,000 $0 7.25%
Moses Lake, WA (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.88%
Albemarle, NC (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.13%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $210,000 $105,000 $0 8.31%
LAKE CHARLES, LA (FHA|USDA|VA) 2 $210,000 $105,000 $0 6.25%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $205,000 $205,000 $0 7.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $205,000 $205,000 $0 6.00%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.00%
LONGVIEW, WA (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.75%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $195,000 $195,000 $0 6.38%
MOBILE, AL (FHA|USDA|VA) 1 $185,000 $185,000 $0 7.63%
ANCHORAGE, AK (FHA|USDA|VA) 1 $185,000 $185,000 $0 8.75%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.38%
LUBBOCK, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.13%
Auburn, NY (FHA|USDA|VA) 1 $165,000 $165,000 $0 7.50%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $165,000 $165,000 $0 7.63%
JACKSON, MI (FHA|USDA|VA) 1 $165,000 $165,000 $0 4.00%
LYNCHBURG, VA (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.50%
DULUTH, MN-WI (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.00%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $155,000 $155,000 $0 9.88%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $155,000 $155,000 $0 10.38%
LANCASTER, PA (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.13%
UTICA-ROME, NY (FHA|USDA|VA) 1 $145,000 $145,000 $0 6.25%
Cambridge, MD (FHA|USDA|VA) 1 $145,000 $145,000 $0 7.75%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $145,000 $145,000 $0 7.88%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.25%
MONTGOMERY, AL (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.25%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.38%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.38%
ROANOKE, VA (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.00%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.38%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.25%
Gloversville, NY (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.13%
VALDOSTA, GA (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.50%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.25%
Silver Hill Funding's top markets include New York, Atlanta, Los Angeles, Miami, and New Haven among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,402 $524,460,000 $374,080 $0 6.49%

    For 2022, Silver Hill Funding's most frequently originated type of loan was Conventional, with 1,402 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 687 $244,385,000 $355,728 $0 6.30%
    Other 522 $194,330,000 $372,280 $0 6.78%
    Refi 193 $85,745,000 $444,275 $0 6.37%

    For 2022, Silver Hill Funding's most frequently cited loan purpose was Cash Out Refi, with 687 originations. The 2nd most popular reason was Other, with 522 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,391 $519,855,000 $373,728 $0 6.48%
    Other 8 $3,910,000 $488,750 $0 8.42%
    15 Year 3 $695,000 $231,667 $0 6.67%

    For 2022, Silver Hill Funding's most frequently cited loan duration was 30 Year, with 1,391 originations. The 2nd most popular length was Other, with 8 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 331 $125,595,000 $379,441
    5-6% 308 $120,350,000 $390,747
    7-8% 284 $98,690,000 $347,500
    4-5% 219 $81,925,000 $374,087
    Over 8% 195 $75,715,000 $388,282
    3-4% 65 $22,185,000 $341,308

    During 2022, Silver Hill Funding's average interest rate for loans was 6.48%, while their most frequently originated rate bucket for loans was 6-7%, with 331 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 494 $74,410,000 $150,628 $0 6.47%
    $200k-400k 470 $131,680,000 $280,170 $0 6.52%
    $400k-600k 213 $103,765,000 $487,160 $0 6.50%
    $600k-1MM 148 $113,290,000 $765,473 $0 6.53%
    $1MM+ 72 $100,890,000 $1,401,250 $0 6.39%
    $100,000 or less 5 $425,000 $85,000 $0 6.63%

    2022 saw Silver Hill Funding place emphasis on $100k-200k loans with 494 originations, totaling $74,410,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 1,297 $483,025,000 $372,417 $0 6.41%
    White 48 $18,580,000 $387,083 $0 7.35%
    Not provided 31 $13,045,000 $420,806 $0 7.24%
    Asian 15 $5,735,000 $382,333 $0 7.44%
    Black 11 $4,075,000 $370,455 $0 8.47%

    Approval Rates

    Total approvals of all applications
    89.06%

    Silver Hill Funding has an average approval rate.

    Pick Rate

    Approvals leading to origination
    -35.66%

    Silver Hill Funding 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 1,402 $524,460,000 $374,080

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,402 $524,460,000 $374,080

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 31 $18,535,000 $597,903 $0 6.33%
    40-60% 178 $85,410,000 $479,831 $0 6.56%
    60-80% 1,066 $382,720,000 $359,024 $0 6.47%
    80-100% 121 $34,745,000 $287,149 $0 6.63%
    Under 20% 6 $3,050,000 $508,333 $0 6.83%