Silver Hill Funding Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 549300038578ZJ284Y20
Tax ID: 35-2551832
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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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Refi | 6.27% | 12/16/24 |
| 30 Year Cash-out Refi | 6.27% | 12/16/24 |
| 15 Year Conventional Refi | 5.68% | 12/16/24 |
| 15 Year Cash-out Refi | 5.68% | 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. | ||
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,402Origination Dollar Volume (All Markets)
$524,460,000Top 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% |
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
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
2022 saw Silver Hill Funding place emphasis on $100k-200k loans with 494 originations, totaling $74,410,000 in origination value.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.06%
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 |