Grandbridge Real Estate Capital Mortgage Rates, Fees & Info
Raleigh, NCLEI: 549300337GB2P1WP7003
Tax ID: 56-2224037
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Grandbridge Real Estate Capital is a small mortgage company specializing in Home Purchase 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: Atlanta, Washington, Kansas City, Richmond, and Omaha among others. We have data for 56 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 an above 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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 15 Year Conventional Purchase | 5.68% | 11/17/24 |
| 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
117Origination Dollar Volume (All Markets)
$2,226,515,000Top 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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 6 | $184,560,000 | $30,760,000 | $0 | 3.99% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 4 | $150,090,000 | $37,522,500 | $0 | 3.93% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 10 | $149,060,000 | $14,906,000 | $0 | 4.17% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $129,935,000 | $43,311,667 | $0 | 4.39% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 5 | $124,975,000 | $24,995,000 | $0 | 3.78% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 3 | $113,475,000 | $37,825,000 | $0 | 3.70% |
| COLUMBUS, OH (FHA|USDA|VA) | 4 | $108,320,000 | $27,080,000 | $0 | 3.55% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 6 | $101,510,000 | $16,918,333 | $0 | 3.97% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $83,290,000 | $41,645,000 | $0 | 3.86% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 5 | $80,965,000 | $16,193,000 | $0 | 3.48% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $75,765,000 | $25,255,000 | $0 | 4.28% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $50,700,000 | $25,350,000 | $0 | 4.39% |
| FARGO, ND-MN (FHA|USDA|VA) | 2 | $48,980,000 | $24,490,000 | $0 | 3.63% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $47,885,000 | $15,961,667 | $0 | 3.91% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 3 | $46,035,000 | $15,345,000 | $0 | 4.07% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 4 | $44,770,000 | $11,192,500 | $0 | 3.45% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $42,505,000 | $42,505,000 | $0 | 3.81% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $42,110,000 | $21,055,000 | $0 | 3.85% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $41,315,000 | $13,771,667 | $0 | 3.55% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $40,510,000 | $20,255,000 | $0 | 3.58% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $40,005,000 | $40,005,000 | $0 | 4.20% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $38,705,000 | $38,705,000 | $0 | 3.82% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $33,585,000 | $33,585,000 | $0 | 4.87% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 2 | $32,260,000 | $16,130,000 | $0 | 3.68% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $30,600,000 | $15,300,000 | $0 | 5.04% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $26,475,000 | $26,475,000 | $0 | 4.36% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $24,905,000 | $24,905,000 | $0 | 3.68% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $21,915,000 | $21,915,000 | $0 | 4.12% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 2 | $21,210,000 | $10,605,000 | $0 | 3.73% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $21,005,000 | $21,005,000 | $0 | 3.82% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $20,005,000 | $20,005,000 | $0 | 4.66% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $16,505,000 | $16,505,000 | $0 | 4.35% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $14,670,000 | $7,335,000 | $0 | 4.74% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $14,025,000 | $14,025,000 | $0 | 3.80% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $13,420,000 | $6,710,000 | $0 | 3.85% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $12,005,000 | $12,005,000 | $0 | 4.33% |
| LAFAYETTE, LA (FHA|USDA|VA) | 2 | $11,550,000 | $5,775,000 | $0 | 3.55% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $11,205,000 | $11,205,000 | $0 | 3.92% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $10,740,000 | $5,370,000 | $0 | 4.11% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $10,335,000 | $10,335,000 | $0 | 5.08% |
| TYLER, TX (FHA|USDA|VA) | 1 | $10,055,000 | $10,055,000 | $0 | 4.83% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $9,705,000 | $9,705,000 | $0 | 4.35% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $9,045,000 | $9,045,000 | $0 | 4.19% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 2 | $8,030,000 | $4,015,000 | $0 | 3.90% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $7,705,000 | $7,705,000 | $0 | 3.74% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $7,585,000 | $7,585,000 | $0 | 5.49% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $7,205,000 | $7,205,000 | $0 | 4.38% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $6,755,000 | $6,755,000 | $0 | 4.32% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $4,915,000 | $4,915,000 | $0 | 3.50% |
| Fairmont, WV (FHA|USDA|VA) | 1 | $4,605,000 | $4,605,000 | $0 | 3.11% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $4,575,000 | $4,575,000 | $0 | 4.30% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $4,105,000 | $4,105,000 | $0 | 4.63% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $3,745,000 | $3,745,000 | $0 | 5.38% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $2,575,000 | $2,575,000 | $0 | 4.75% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $2,125,000 | $2,125,000 | $0 | 3.39% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $1,905,000 | $1,905,000 | $0 | 5.03% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 104 | $1,999,580,000 | $19,226,731 | $0 | 4.04% |
| FHA | 13 | $226,935,000 | $17,456,538 | $0 | 3.77% |
For 2019, Grandbridge Real Estate Capital's most frequently originated type of loan was Conventional, with 104 originations. Their 2nd most popular type was FHA, with 13 originations.
Loan Reason
For 2019, Grandbridge Real Estate Capital's most frequently cited loan purpose was Home Purchase, with 65 originations. The 2nd most popular reason was Refi, with 49 originations.
Loan Duration/Length
For 2019, Grandbridge Real Estate Capital's most frequently cited loan duration was 10 Year, with 64 originations. The 2nd most popular length was Other, with 30 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 60 | $1,221,380,000 | $20,356,333 |
| 4-5% | 50 | $960,410,000 | $19,208,200 |
| 5-6% | 6 | $32,670,000 | $5,445,000 |
| 2.5-3% | 1 | $12,055,000 | $12,055,000 |
During 2019, Grandbridge Real Estate Capital's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 60 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $1MM+ | 117 | $2,226,515,000 | $19,030,043 | $0 | 4.01% |
2019 saw Grandbridge Real Estate Capital place emphasis on $1MM+ loans with 117 originations, totaling $2,226,515,000 in origination value.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 117 | $2,226,515,000 | $19,030,043 | $0 | 4.01% |
Approval Rates
Total approvals of all applications97.54%
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 origination98.29%
Grandbridge Real Estate Capital has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 117 | $2,226,515,000 | $19,030,043 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Manufactured | 6 | $47,640,000 | $7,940,000 |
| Multifamily:Site-Built | 111 | $2,178,875,000 | $19,629,505 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| GUARANTEED RATE INC. | VA mortgage | Trouble during payment process | 1 | 2.8% |
| GUARANTEED RATE INC. | Other type of mortgage | Closing on a mortgage | 2 | 5.6% |
| GUARANTEED RATE INC. | Other type of mortgage | Trouble during payment process | 1 | 2.8% |
| GUARANTEED RATE INC. | VA mortgage | Closing on a mortgage | 1 | 2.8% |
| GUARANTEED RATE INC. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 4 | 11.1% |
| GUARANTEED RATE INC. | Conventional home mortgage | Closing on a mortgage | 7 | 19.4% |
| GUARANTEED RATE INC. | Conventional home mortgage | Struggling to pay mortgage | 1 | 2.8% |
| GUARANTEED RATE INC. | Conventional home mortgage | Trouble during payment process | 7 | 19.4% |
| GUARANTEED RATE INC. | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 5.6% |
| GUARANTEED RATE INC. | FHA mortgage | Closing on a mortgage | 3 | 8.3% |
| GUARANTEED RATE INC. | FHA mortgage | Struggling to pay mortgage | 3 | 8.3% |
| GUARANTEED RATE INC. | FHA mortgage | Trouble during payment process | 3 | 8.3% |
| GUARANTEED RATE INC. | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 2.8% |