Grandbridge Real Estate Capital Mortgage Rates, Fees & Info

Raleigh, NC

LEI: 549300337GB2P1WP7003

Tax ID: 56-2224037

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Mortgage Data

Review & Overview

Grandbridge Real Estate Capital is a small mortgage company specializing in Home Purchase, Home Improvement, and Refi loans. Grandbridge Real Estate Capital has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Virginia Beach, Dallas, Seattle, Miami, and New York among others. We have data for 57 markets. (Some data included below & more in-depth data is available with an active subscription.)

Grandbridge Real Estate Capital 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. 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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
15 Year Conventional Purchase 5.68% 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.

Grandbridge Real Estate Capital Mortgage Calculator






Your Estimates

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

This is not an official calculator from Grandbridge Real Estate Capital. 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

99

Origination Dollar Volume (All Markets)

$1,841,805,000

Relative Rate

Grandbridge Real Estate Capital's average 30 year fixed mortgage rate was 5.68%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.8%.

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
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 5 $190,925,000 $38,185,000 $0 5.37%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $98,925,000 $14,132,143 $0 6.81%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $98,875,000 $32,958,333 $0 5.76%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $96,480,000 $24,120,000 $0 3.84%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 4 $78,410,000 $19,602,500 $0 6.44%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $66,655,000 $66,655,000 $0 5.35%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $54,335,000 $18,111,667 $0 6.11%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $53,575,000 $53,575,000 $0 5.37%
ROANOKE, VA (FHA|USDA|VA) 1 $52,845,000 $52,845,000 $0 5.02%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $51,420,000 $25,710,000 $0 6.20%
KNOXVILLE, TN (FHA|USDA|VA) 1 $51,175,000 $51,175,000 $0 4.70%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $46,825,000 $46,825,000 $0 5.06%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $45,930,000 $22,965,000 $0 5.91%
LOUISVILLE, KY (FHA|USDA|VA) 1 $45,025,000 $45,025,000 $0 6.51%
SAVANNAH, GA (FHA|USDA|VA) 2 $42,490,000 $21,245,000 $0 4.18%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $35,285,000 $11,761,667 $0 4.51%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $34,810,000 $17,405,000 $0 5.91%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $34,795,000 $34,795,000 $0 5.91%
RICHMOND, VA (FHA|USDA|VA) 2 $34,430,000 $17,215,000 $0 4.89%
BOULDER, CO (FHA|USDA|VA) 1 $34,025,000 $34,025,000 $0 5.91%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $32,650,000 $16,325,000 $0 6.38%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $32,565,000 $32,565,000 $0 5.91%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $32,525,000 $32,525,000 $0 5.91%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $31,880,000 $15,940,000 $0 6.06%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $31,425,000 $10,475,000 $0 5.22%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $30,940,000 $15,470,000 $0 4.09%
ASHEVILLE, NC (FHA|USDA|VA) 2 $30,620,000 $15,310,000 $0 6.46%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $30,105,000 $30,105,000 $0 3.67%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $27,780,000 $13,890,000 $0 5.66%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $24,965,000 $24,965,000 $0 5.91%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $24,315,000 $24,315,000 $0 5.35%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $23,520,000 $11,760,000 $0 5.88%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $19,105,000 $19,105,000 $0 5.91%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $17,200,000 $8,600,000 $0 7.39%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $16,215,000 $16,215,000 $0 5.91%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $16,085,000 $16,085,000 $0 5.91%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $15,350,000 $7,675,000 $0 5.61%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $15,315,000 $15,315,000 $0 5.91%
WILMINGTON, NC (FHA|USDA|VA) 1 $15,065,000 $15,065,000 $0 7.57%
FORT COLLINS, CO (FHA|USDA|VA) 1 $14,985,000 $14,985,000 $0 5.91%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $12,610,000 $6,305,000 $0 5.20%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $12,185,000 $12,185,000 $0 4.09%
COLUMBIA, SC (FHA|USDA|VA) 1 $11,255,000 $11,255,000 $0 5.24%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $10,760,000 $5,380,000 $0 5.29%
COLUMBUS, OH (FHA|USDA|VA) 2 $8,910,000 $4,455,000 $0 6.87%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $8,705,000 $8,705,000 $0 5.21%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $6,855,000 $6,855,000 $0 5.47%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $6,505,000 $6,505,000 $0 5.41%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $6,205,000 $6,205,000 $0 4.66%
JACKSON, MS (FHA|USDA|VA) 2 $5,940,000 $2,970,000 $0 5.56%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $5,880,000 $2,940,000 $0 4.22%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $4,605,000 $4,605,000 $0 7.09%
ALBANY, GA (FHA|USDA|VA) 1 $3,665,000 $3,665,000 $0 4.29%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $3,125,000 $3,125,000 $0 6.04%
Vicksburg, MS (FHA|USDA|VA) 1 $2,415,000 $2,415,000 $0 5.56%
Minot, ND (FHA|USDA|VA) 1 $1,765,000 $1,765,000 $0 5.68%
GREENVILLE, NC (FHA|USDA|VA) 1 $575,000 $575,000 $0 2.83%
Grandbridge Real Estate Capital's top markets include Virginia Beach, Dallas, Seattle, Miami, and New York among others.

Their top states include:
  • Virginia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 88 $1,647,210,000 $18,718,295 $0 5.74%
    FHA 11 $194,595,000 $17,690,455 $0 4.38%

    For 2023, Grandbridge Real Estate Capital's most frequently originated type of loan was Conventional, with 88 originations. Their 2nd most popular type was FHA, with 11 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 48 $784,190,000 $16,337,292 $0 5.13%
    Home Improvement 31 $519,425,000 $16,755,645 $0 6.34%
    Refi 20 $538,190,000 $26,909,500 $0 5.52%

    For 2023, Grandbridge Real Estate Capital's most frequently cited loan purpose was Home Purchase, with 48 originations. The 2nd most popular reason was Home Improvement, with 31 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 42 $1,042,620,000 $24,824,286 $0 5.66%
    Other 38 $375,900,000 $9,892,105 $0 5.89%
    30+ year 10 $192,830,000 $19,283,000 $0 4.25%
    5 Year 6 $217,130,000 $36,188,333 $0 5.49%
    15 Year 2 $11,560,000 $5,780,000 $0 5.23%
    30 Year 1 $1,765,000 $1,765,000 $0 5.68%

    For 2023, Grandbridge Real Estate Capital's most frequently cited loan duration was 10 Year, with 42 originations. The 2nd most popular length was Other, with 38 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 55 $1,280,235,000 $23,277,000
    7-8% 13 $102,245,000 $7,865,000
    4-5% 13 $236,995,000 $18,230,385
    6-7% 8 $99,350,000 $12,418,750
    3-4% 6 $80,690,000 $13,448,333
    2.5-3% 2 $3,130,000 $1,565,000
    Over 8% 1 $6,805,000 $6,805,000
    <2.5% 1 $32,355,000 $32,355,000

    During 2023, Grandbridge Real Estate Capital's average interest rate for loans was 5.68%, while their most frequently originated rate bucket for loans was 5-6%, with 55 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 96 $1,840,380,000 $19,170,625 $0 5.63%
    $400k-600k 2 $1,130,000 $565,000 $0 4.78%
    $200k-400k 1 $295,000 $295,000 $0 3.08%

    2023 saw Grandbridge Real Estate Capital place emphasis on $1MM+ loans with 96 originations, totaling $1,840,380,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 99 $1,841,805,000 $18,604,091 $0 5.59%

    Approval Rates

    Total approvals of all applications
    100.00%

    Grandbridge Real Estate Capital 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
    64.65%

    Grandbridge Real Estate Capital 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 99 $1,841,805,000 $18,604,091

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    99 $1,841,805,000 $18,604,091

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3 $20,595,000 $6,865,000 $0 5.47%
    40-60% 34 $835,610,000 $24,576,765 $0 5.63%
    60-80% 35 $781,745,000 $22,335,571 $0 5.08%
    80-100% 3 $48,775,000 $16,258,333 $0 4.47%
    Under 20% 19 $147,085,000 $7,741,316 $0 7.08%