Greentree Mortgage Company L.p. Rates, Fees & InfoWILMINGTON, DE
Tax ID: 22-3188285
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewGreentree Mortgage Company L.p. is a smaller mortgage company specializing in Home Purchase loans. Greentree Mortgage Company L.p. has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Philadelphia, Atlantic City, New York, Ocean City, and Vineland among others. We have data for 30 markets. (Some data included below & more in-depth data is available with an active subscription.)
Greentree Mortgage Company L.p. 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. Greentree Mortgage Company L.p. is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average 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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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.75%||11/30/23|
|30 Year Conventional Refi||6.75%||11/30/23|
|30 Year FHA Purchase||7.36%||11/30/23|
|30 Year FHA Refi||7.09%||11/30/23|
|30 Year VA Purchase||6.42%||11/30/23|
|30 Year VA Refi||6.50%||11/30/23|
|30 Year USDA Purchase||6.90%||11/30/23|
|15 Year Conventional Purchase||6.23%||11/30/23|
|15 Year Conventional Refi||6.19%||11/30/23|
|15 Year Cash-out Refi||6.19%||11/30/23|
|15 Year FHA Refi||5.68%||11/30/23|
|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.|
Greentree Mortgage Company L.p. Mortgage Calculator
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This is not an official calculator from Greentree Mortgage Company L.p.. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$696,540,000
GREENTREE MORTGAGE COMPANY L.P. - 2022
GREENTREE MORTGAGE COMPANY L.P. is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Greentree Mortgage Company L.p.'s average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.27%.
Relative Fees (Closing Costs)
Greentree Mortgage Company L.p.'s average total fees/closing costs for a 30 year fixed rate
mortgage were $6,637.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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|
|Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA)||1,695||$438,135,000||$258,487||$6,673||4.99%|
|ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA)||451||$108,975,000||$241,630||$5,970||5.01%|
|New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)||229||$75,645,000||$330,328||$6,841||4.89%|
|OCEAN CITY, NJ (FHA|USDA|VA)||61||$21,195,000||$347,459||$6,716||5.10%|
|VINELAND-BRIDGETON, NJ (FHA|USDA|VA)||81||$17,495,000||$215,988||$6,114||4.91%|
|TRENTON-PRINCETON, NJ (FHA|USDA|VA)||40||$9,920,000||$248,000||$6,836||4.85%|
|TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA)||16||$5,480,000||$342,500||$7,904||4.43%|
|Outside of Metro Areas||19||$4,505,000||$237,105||$5,798||4.38%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||8||$2,680,000||$335,000||$8,379||5.61%|
|ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA)||9||$2,435,000||$270,556||$7,719||5.22%|
|DOVER, DE (FHA|USDA|VA)||5||$1,685,000||$337,000||$9,980||5.95%|
|EAST STROUDSBURG, PA (FHA|USDA|VA)||6||$1,380,000||$230,000||$6,701||4.92%|
|CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)||4||$1,310,000||$327,500||$8,712||5.13%|
|BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA)||2||$1,000,000||$500,000||$4,427||5.31%|
|READING, PA (FHA|USDA|VA)||3||$555,000||$185,000||$4,900||5.38%|
|YORK-HANOVER, PA (FHA|USDA|VA)||2||$520,000||$260,000||$7,097||4.56%|
|HARRISBURG-CARLISLE, PA (FHA|USDA|VA)||1||$505,000||$505,000||$5,875||5.25%|
|SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA)||3||$485,000||$161,667||$5,806||4.50%|
|SALISBURY, MD-DE (FHA|USDA|VA)||1||$425,000||$425,000||$4,138||5.00%|
|LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA)||1||$335,000||$335,000||$13,329||5.50%|
|PITTSBURGH, PA (FHA|USDA|VA)||2||$300,000||$150,000||$4,557||4.56%|
|LANCASTER, PA (FHA|USDA|VA)||1||$265,000||$265,000||$4,291||4.50%|
|PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA)||1||$225,000||$225,000||$7,904||5.88%|
|JACKSONVILLE, FL (FHA|USDA|VA)||1||$225,000||$225,000||$5,580||5.63%|
|HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA)||1||$215,000||$215,000||$2,409||3.00%|
|PUNTA GORDA, FL (FHA|USDA|VA)||1||$215,000||$215,000||$3,634||3.88%|
|DuBois, PA (FHA|USDA|VA)||1||$145,000||$145,000||$6,594||5.25%|
|YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA)||1||$105,000||$105,000||$5,285||3.13%|
|NAPLES-MARCO ISLAND, FL (FHA|USDA|VA)||1||$95,000||$95,000||$4,317||5.00%|
|Pottsville, PA (FHA|USDA|VA)||1||$85,000||$85,000||$5,251||6.13%|
We use machine learning to identify the top lenders compared against GREENTREE MORTGAGE COMPANY L.P. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Greentree Mortgage Company L.p.'s most frequently originated type of loan was Conventional, with 1,797 originations. Their 2nd most popular type was FHA, with 735 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Greentree Mortgage Company L.p.'s most frequently cited loan purpose was Home Purchase, with 2,286 originations. The 2nd most popular reason was Refi, with 362 originations.
For 2022, Greentree Mortgage Company L.p.'s most frequently cited loan duration was 30 Year, with 2,542 originations. The 2nd most popular length was 15 Year, with 77 originations.
Origination Fees/Closing Costs
Greentree Mortgage Company L.p.'s average total fees were $6,637, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,410 originations.
During 2022, Greentree Mortgage Company L.p.'s average interest rate for loans was 5.03%, while their most frequently originated rate bucket for loans was 5-6%, with 924 originations.
2022 saw Greentree Mortgage Company L.p. place emphasis on $200k-400k loans with 1,524 originations, totaling $425,040,000 in origination value.
Greentree Mortgage Company L.p. lent most frequently to those with incomes in the $50k-75k range, with 707 originations. The second most popular income band? $100k-150k, with 647 originations.
Applicant Debt to Income Ratio
Greentree Mortgage Company L.p. lent most frequently to those with DTI ratios of 30-36%, with 402 originations. The next most common DTI ratio? 20-30%, with 325 originations.
Approval RatesTotal approvals of all applications
Greentree Mortgage Company L.p. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Greentree Mortgage Company L.p. has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|GUARANTEED RATE INC.||Conventional home mortgage||Trouble during payment process||1||50.0%|
|GUARANTEED RATE INC.||FHA mortgage||Trouble during payment process||1||50.0%|