Greystone Funding Company Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 5493002W52M3SYLFEX32

Tax ID: 54-1690128

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Greystone Funding Company is a small mortgage company specializing in Refi loans. They have a a high proportion of FHA loans. Their top markets by origination volume include: New York, Riverside, Houston, Dallas, and San Antonio among others. We have data for 59 markets. (Some data included below & more in-depth data is available with an active subscription.)

Greystone Funding Company 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.

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.


Originations

90

Origination Dollar Volume (All Markets)

$1,777,130,000

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) 5 $142,995,000 $28,599,000 $0 4.43%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $123,050,000 $61,525,000 $0 2.47%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 7 $115,405,000 $16,486,429 $0 3.52%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $89,310,000 $22,327,500 $0 3.89%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $85,250,000 $42,625,000 $0 3.53%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $70,670,000 $35,335,000 $0 4.66%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 4 $58,010,000 $14,502,500 $0 3.57%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $57,630,000 $28,815,000 $0 3.84%
RICHMOND, VA (FHA|USDA|VA) 1 $55,555,000 $55,555,000 $0 3.13%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $49,910,000 $24,955,000 $0 3.40%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $47,155,000 $9,431,000 $0 4.37%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $47,055,000 $47,055,000 $0 4.38%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $43,070,000 $21,535,000 $0 4.53%
COLUMBIA, SC (FHA|USDA|VA) 1 $38,375,000 $38,375,000 $0 3.49%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $34,415,000 $34,415,000 $0 2.45%
HARRISONBURG, VA (FHA|USDA|VA) 1 $34,245,000 $34,245,000 $0 3.13%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $33,665,000 $33,665,000 $0 3.39%
GAINESVILLE, GA (FHA|USDA|VA) 1 $33,005,000 $33,005,000 $0 2.58%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $32,140,000 $16,070,000 $0 3.65%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $31,935,000 $31,935,000 $0 3.90%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $30,745,000 $30,745,000 $0 2.56%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $29,845,000 $29,845,000 $0 2.56%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $29,540,000 $14,770,000 $0 5.15%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $28,685,000 $28,685,000 $0 3.20%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $23,275,000 $23,275,000 $0 3.60%
EL PASO, TX (FHA|USDA|VA) 1 $23,095,000 $23,095,000 $0 4.33%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $22,885,000 $22,885,000 $0 2.87%
PANAMA CITY, FL (FHA|USDA|VA) 1 $22,855,000 $22,855,000 $0 2.65%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $22,695,000 $22,695,000 $0 4.37%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $21,835,000 $21,835,000 $0 3.05%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $21,815,000 $21,815,000 $0 2.20%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $20,005,000 $20,005,000 $0 3.10%
COLUMBUS, OH (FHA|USDA|VA) 2 $19,010,000 $9,505,000 $0 2.90%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $17,805,000 $17,805,000 $0 3.00%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $16,475,000 $16,475,000 $0 2.67%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $15,910,000 $7,955,000 $0 3.17%
ERIE, PA (FHA|USDA|VA) 1 $14,125,000 $14,125,000 $0 2.37%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $12,165,000 $12,165,000 $0 2.38%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $12,125,000 $12,125,000 $0 3.48%
FLORENCE, SC (FHA|USDA|VA) 1 $11,935,000 $11,935,000 $0 4.00%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $11,205,000 $11,205,000 $0 4.52%
Ashtabula, OH (FHA|USDA|VA) 1 $11,165,000 $11,165,000 $0 3.89%
SAGINAW, MI (FHA|USDA|VA) 1 $10,745,000 $10,745,000 $0 3.98%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $10,615,000 $10,615,000 $0 2.37%
Whitewater, WI (FHA|USDA|VA) 1 $9,925,000 $9,925,000 $0 3.25%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $9,700,000 $4,850,000 $0 3.82%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $9,285,000 $9,285,000 $0 3.17%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $8,765,000 $8,765,000 $0 3.89%
KINGSTON, NY (FHA|USDA|VA) 1 $7,085,000 $7,085,000 $0 4.10%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $6,705,000 $6,705,000 $0 3.08%
Outside of Metro Areas 1 $5,985,000 $5,985,000 $0 3.40%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $5,725,000 $5,725,000 $0 2.55%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $5,485,000 $5,485,000 $0 4.01%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $5,445,000 $5,445,000 $0 4.06%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $5,305,000 $5,305,000 $0 3.28%
RENO, NV (FHA|USDA|VA) 1 $4,725,000 $4,725,000 $0 3.18%
Tiffin, OH (FHA|USDA|VA) 1 $4,235,000 $4,235,000 $0 3.89%
Outside of Metro Areas 1 $2,855,000 $2,855,000 $0 4.31%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $2,505,000 $2,505,000 $0 2.55%
Greystone Funding Company's top markets include New York, Riverside, Houston, Dallas, and San Antonio among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    FHA 90 $1,777,130,000 $19,745,889 $0 3.59%

    For 2022, Greystone Funding Company's most frequently originated type of loan was FHA, with 90 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 90 $1,777,130,000 $19,745,889 $0 3.59%

    For 2022, Greystone Funding Company's most frequently cited loan purpose was Refi, with 90 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30+ year 90 $1,777,130,000 $19,745,889 $0 3.59%

    For 2022, Greystone Funding Company's most frequently cited loan duration was 30+ year, with 90 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 31 $709,735,000 $22,894,677
    3-4% 30 $462,770,000 $15,425,667
    2.5-3% 18 $311,220,000 $17,290,000
    <2.5% 8 $223,600,000 $27,950,000
    5-6% 3 $69,805,000 $23,268,333

    During 2022, Greystone Funding Company's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 4-5%, with 31 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 90 $1,777,130,000 $19,745,889 $0 3.59%

    2022 saw Greystone Funding Company place emphasis on $1MM+ loans with 90 originations, totaling $1,777,130,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 90 $1,777,130,000 $19,745,889 $0 3.59%

    Approval Rates

    Total approvals of all applications
    100.00%

    Greystone Funding Company 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
    61.11%

    Greystone Funding Company 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 90 $1,777,130,000 $19,745,889

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    90 $1,777,130,000 $19,745,889

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2 $7,710,000 $3,855,000 $0 4.17%
    40-60% 15 $209,845,000 $13,989,667 $0 3.90%
    60-80% 52 $1,258,140,000 $24,195,000 $0 3.60%
    80-100% 20 $295,980,000 $14,799,000 $0 3.21%
    Under 20% 1 $5,455,000 $5,455,000 $0 4.46%