Greentree Mortgage Company L.p. Rates, Fees & Info

WILMINGTON, DE

LEI: 549300BCHY7VFHESOE22

Tax ID: 22-3188285

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Greentree 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 a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Philadelphia, New York, Atlantic City, Vineland, and Ocean City among others. We have data for 24 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.

    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
    30 Year Conventional Purchase 6.75% 11/22/24
    30 Year Conventional Refi 6.75% 11/22/24
    30 Year FHA Purchase 7.36% 11/22/24
    30 Year FHA Refi 7.09% 11/22/24
    30 Year VA Purchase 6.42% 11/22/24
    30 Year VA Refi 6.50% 11/22/24
    30 Year USDA Purchase 6.90% 11/22/24
    15 Year Conventional Purchase 6.23% 11/22/24
    15 Year Conventional Refi 6.19% 11/22/24
    15 Year Cash-out Refi 6.19% 11/22/24
    15 Year FHA Refi 5.68% 11/22/24
    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.

    Greentree Mortgage Company L.p. Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Greentree Mortgage Company L.p.. 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

    1,929

    Origination Dollar Volume (All Markets)

    $384,695,000
    Show all (5) awards

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1,389 $271,545,000 $195,497 $5,600 4.88%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 161 $43,905,000 $272,702 $6,575 4.97%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 230 $38,580,000 $167,739 $4,724 4.95%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 56 $9,200,000 $164,286 $5,106 4.94%
    OCEAN CITY, NJ (FHA|USDA|VA) 29 $7,115,000 $245,345 $4,599 4.75%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 15 $3,845,000 $256,333 $6,209 4.73%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 10 $2,020,000 $202,000 $6,539 5.05%
    Outside of Metro Areas 6 $1,280,000 $213,333 $4,565 5.06%
    READING, PA (FHA|USDA|VA) 6 $1,230,000 $205,000 $5,778 4.79%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $1,025,000 $341,667 $8,324 4.58%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 4 $870,000 $217,500 $3,813 4.97%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $860,000 $430,000 $4,049 4.88%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $640,000 $160,000 $4,905 4.91%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 2 $470,000 $235,000 $6,379 4.81%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $440,000 $220,000 $3,350 4.81%
    New Castle, PA (FHA|USDA|VA) 2 $350,000 $175,000 $4,516 4.44%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $265,000 $265,000 $4,224 4.75%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $235,000 $235,000 $4,709 4.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,117 4.50%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,136 4.63%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $4,524 4.50%
    ERIE, PA (FHA|USDA|VA) 1 $135,000 $135,000 $4,444 4.38%
    LEBANON, PA (FHA|USDA|VA) 1 $115,000 $115,000 $4,994 4.88%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $85,000 $85,000 $4,162 4.63%
    Greentree Mortgage Company L.p.'s top markets include Philadelphia, New York, Atlantic City, Vineland, and Ocean City among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)

    • Similar Lenders

    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.

    N C P D Federal Credit Union
    Similarity Rank: 55
    Bogota Savings Bank
    Similarity Rank: 63
    Iron Workers Savings Bank
    Similarity Rank: 63
    Union County Savings Bank
    Similarity Rank: 66
    GARDEN SAVINGS FEDERAL CREDIT UNION
    Similarity Rank: 80
    Haddon Savings Bank
    Similarity Rank: 116
    The Atlantic Federal Credit Union
    Similarity Rank: 120
    Freehold Savings Bank
    Similarity Rank: 120
    Blue Foundry Bank
    Similarity Rank: 125
    FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY
    Similarity Rank: 126

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 975 $202,865,000 $208,067 $3,985 4.89%
    FHA 842 $159,100,000 $188,955 $7,223 4.89%
    VA 73 $16,655,000 $228,151 $7,046 4.83%
    USDA 39 $6,075,000 $155,769 $5,431 4.83%

    For 2018, Greentree Mortgage Company L.p.'s most frequently originated type of loan was Conventional, with 975 originations. Their 2nd most popular type was FHA, with 842 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,713 $333,155,000 $194,486 $5,523 4.89%
    Refi 216 $51,540,000 $238,611 $5,700 4.90%

    For 2018, Greentree Mortgage Company L.p.'s most frequently cited loan purpose was Home Purchase, with 1,713 originations. The 2nd most popular reason was Refi, with 216 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,858 $370,380,000 $199,343 $5,607 4.90%
    15 Year 44 $9,070,000 $206,136 $3,684 4.42%
    20 Year 20 $3,950,000 $197,500 $3,895 4.65%
    Other 5 $945,000 $189,000 $5,326 5.05%
    10 Year 2 $350,000 $175,000 $4,226 4.06%

    For 2018, Greentree Mortgage Company L.p.'s most frequently cited loan duration was 30 Year, with 1,858 originations. The 2nd most popular length was 15 Year, with 44 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,416 $280,650,000 $198,199
    $1k-2k 194 $34,050,000 $175,515
    $2k-3k 162 $29,070,000 $179,444
    $3k-4k 80 $16,160,000 $202,000
    $4k-5k 39 $10,935,000 $280,385
    $5k+ 38 $13,830,000 $363,947

    Greentree Mortgage Company L.p.'s average total fees were $5,607, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,416 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,392 $287,280,000 $206,379
    5-6% 518 $90,940,000 $175,560
    3-4% 19 $6,475,000 $340,789

    During 2018, Greentree Mortgage Company L.p.'s average interest rate for loans was 4.90%, while their most frequently originated rate bucket for loans was 4-5%, with 1,392 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 967 $146,565,000 $151,567 $5,065 4.90%
    $200k-400k 725 $193,575,000 $267,000 $6,420 4.83%
    $100,000 or less 172 $13,400,000 $77,907 $3,639 5.12%
    $400k-600k 57 $25,475,000 $446,930 $7,293 4.73%
    $600k-1MM 8 $5,680,000 $710,000 $12,475 4.59%

    2018 saw Greentree Mortgage Company L.p. place emphasis on $100k-200k loans with 967 originations, totaling $146,565,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 603 $101,365,000 $168,101 $5,560 4.91%
    $75k-100k 398 $82,740,000 $207,889 $5,693 4.88%
    $100k-150k 368 $90,440,000 $245,761 $5,953 4.89%
    $50k or less 334 $42,040,000 $125,868 $4,839 4.90%
    $150k-250k 176 $51,930,000 $295,057 $5,922 4.87%
    $250k+ 50 $16,180,000 $323,600 $4,510 4.71%

    Greentree Mortgage Company L.p. lent most frequently to those with incomes in the $50k-75k range, with 603 originations. The second most popular income band? $75k-100k, with 398 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 310 $62,330,000 $201,065 $5,048 4.87%
    50-60% 310 $60,500,000 $195,161 $7,146 4.87%
    20-30% 211 $39,625,000 $187,796 $4,370 4.87%
    48% 97 $18,315,000 $188,814 $5,520 4.95%
    49% 90 $19,330,000 $214,778 $5,408 4.91%
    39% 90 $18,170,000 $201,889 $5,514 4.92%
    43% 80 $16,560,000 $207,000 $5,970 4.87%
    44% 79 $16,755,000 $212,089 $5,826 4.88%
    42% 76 $17,920,000 $235,789 $5,344 4.80%
    47% 74 $15,490,000 $209,324 $5,398 4.94%
    40% 72 $13,090,000 $181,806 $4,989 5.00%
    36% 71 $15,055,000 $212,042 $5,530 4.88%
    38% 67 $11,595,000 $173,060 $4,684 4.92%
    45% 65 $12,725,000 $195,769 $5,574 4.96%
    37% 63 $12,625,000 $200,397 $5,576 4.86%
    41% 60 $12,200,000 $203,333 $5,622 4.91%
    46% 57 $11,355,000 $199,211 $6,215 4.92%
    <20% 40 $7,730,000 $193,250 $4,321 4.78%
    >60% 10 $2,210,000 $221,000 $5,766 4.85%

    Greentree Mortgage Company L.p. lent most frequently to those with DTI ratios of 30-36%, with 310 originations. The next most common DTI ratio? 50-60%, with 310 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,585 $317,745,000 $200,470 $5,424 4.88%
    Black 162 $31,430,000 $194,012 $6,709 4.99%
    Not provided 116 $21,950,000 $189,224 $5,670 4.93%
    Asian 62 $12,700,000 $204,839 $5,285 4.90%
    Vietnamese 1 $325,000 $325,000 $4,373 4.88%
    Native Hawaiian or Islander 1 $235,000 $235,000 $7,718 4.88%
    American Indian 1 $195,000 $195,000 $6,558 5.25%
    Not applicable 1 $115,000 $115,000 $5,100 5.00%

    Approval Rates

    Total approvals of all applications
    98.43%

    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 Rate

    Approvals leading to origination
    66.67%

    Greentree Mortgage Company L.p. 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 1,929 $384,695,000 $199,427

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 1,929 $384,695,000 $199,427

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 17 $2,195,000 $129,118 $3,603 4.79%
    40-60% 59 $10,545,000 $178,729 $3,960 4.84%
    60-80% 357 $70,535,000 $197,577 $4,111 4.94%
    80-100% 1,458 $291,970,000 $200,254 $5,896 4.88%
    Over 100% 38 $9,450,000 $248,684 $8,801 5.00%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    GUARANTEED HOME MORTGAGE COMPANY Other type of mortgage Trouble during payment process 1 100.0%