Homestead Funding Corp. Mortgage Rates, Fees & Info

ALBANY, NY

LEI: 549300T3F9S1MKFKHC53

Tax ID: 14-1770243

5 stars - out of 5 stars, based on 118 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Homestead Funding Corp. is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Homestead Funding Corp. 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: Albany, Poughkeepsie, New York, Glens Falls, and Washington among others. We have data for 374 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Homestead Funding Corp. 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. Homestead Funding Corp. 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 6.93% 12/4/22
    30 Year Conventional Refi 6.60% 12/4/22
    30 Year Cash-out Refi 6.90% 12/4/22
    30 Year FHA Purchase 7.72% 12/4/22
    30 Year FHA Refi 7.53% 12/4/22
    30 Year VA Purchase 6.76% 12/4/22
    30 Year VA Refi 6.16% 12/4/22
    30 Year USDA Purchase 7.15% 12/4/22
    15 Year Conventional Purchase 6.15% 12/4/22
    15 Year Conventional Refi 5.90% 12/4/22
    15 Year Cash-out Refi 5.90% 12/4/22
    15 Year FHA Purchase 7.32% 12/4/22
    15 Year FHA Refi 5.76% 12/4/22
    15 Year VA Purchase 6.48% 12/4/22
    15 Year VA Refi 5.81% 12/4/22
    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.


    Originations

    13,976

    Origination Dollar Volume (All Markets)

    $3,688,020,000
    Show all (108) awards

    Relative Rate

    Homestead Funding Corp.'s average 30 year fixed mortgage rate was 3.07%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.08%.

    Relative Fees (Closing Costs)

    Homestead Funding Corp.'s average total fees/closing costs for a 30 year fixed rate mortgage were $4,161.

    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.

    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
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3,218 $766,420,000 $238,167 $4,260 3.14%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 890 $268,520,000 $301,708 $5,330 3.12%
    Outside of Metro Areas 807 $187,455,000 $232,286 $4,137 3.10%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 370 $144,180,000 $389,676 $5,333 2.93%
    GLENS FALLS, NY (FHA|USDA|VA) 531 $113,925,000 $214,548 $3,984 3.14%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 253 $99,025,000 $391,403 $3,258 2.55%
    BINGHAMTON, NY (FHA|USDA|VA) 570 $87,300,000 $153,158 $3,591 3.07%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 240 $86,290,000 $359,542 $4,450 2.87%
    SYRACUSE, NY (FHA|USDA|VA) 480 $83,310,000 $173,563 $3,945 3.20%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 383 $74,945,000 $195,679 $3,691 2.88%
    KINGSTON, NY (FHA|USDA|VA) 257 $74,935,000 $291,576 $4,944 3.15%
    Hudson, NY (FHA|USDA|VA) 261 $74,755,000 $286,418 $4,140 3.11%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 211 $67,665,000 $320,687 $3,496 2.61%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 137 $59,375,000 $433,394 $3,573 2.61%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 138 $47,090,000 $341,232 $4,543 3.03%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 133 $46,035,000 $346,128 $3,386 2.72%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 131 $43,845,000 $334,695 $3,352 2.61%
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 210 $43,200,000 $205,714 $4,507 3.05%
    UTICA-ROME, NY (FHA|USDA|VA) 230 $39,930,000 $173,609 $3,689 3.14%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 123 $38,655,000 $314,268 $3,282 3.11%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 115 $38,335,000 $333,348 $3,510 2.59%
    ROCHESTER, NY (FHA|USDA|VA) 193 $33,835,000 $175,311 $3,608 3.25%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 90 $33,460,000 $371,778 $3,632 2.55%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 170 $32,290,000 $189,941 $3,923 3.12%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 86 $30,050,000 $349,419 $4,291 2.53%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 94 $29,970,000 $318,830 $3,441 2.61%
    RALEIGH-CARY, NC (FHA|USDA|VA) 97 $29,835,000 $307,577 $3,290 2.69%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 126 $29,490,000 $234,048 $3,552 2.81%
    Gloversville, NY (FHA|USDA|VA) 159 $28,625,000 $180,031 $3,666 3.25%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 85 $28,055,000 $330,059 $4,003 2.57%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 79 $25,915,000 $328,038 $4,480 2.77%
    Amsterdam, NY (FHA|USDA|VA) 149 $24,035,000 $161,309 $3,581 3.24%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 75 $23,985,000 $319,800 $4,184 2.62%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 62 $23,040,000 $371,613 $3,534 2.66%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 53 $22,965,000 $433,302 $3,734 2.53%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 52 $22,210,000 $427,115 $3,737 2.64%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 64 $21,850,000 $341,406 $3,557 2.57%
    LANCASTER, PA (FHA|USDA|VA) 101 $21,335,000 $211,238 $5,608 3.22%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 64 $20,850,000 $325,781 $3,016 2.70%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 57 $20,625,000 $361,842 $3,965 2.74%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 49 $20,235,000 $412,959 $3,513 2.71%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 48 $20,200,000 $420,833 $3,094 2.60%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 63 $20,175,000 $320,238 $2,931 2.60%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 57 $18,195,000 $319,211 $4,604 2.60%
    Oneonta, NY (FHA|USDA|VA) 94 $16,260,000 $172,979 $3,075 3.12%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 39 $15,505,000 $397,564 $4,171 2.66%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 44 $15,000,000 $340,909 $4,234 2.79%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 39 $14,305,000 $366,795 $3,902 2.58%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 49 $13,215,000 $269,694 $3,503 2.70%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 44 $12,390,000 $281,591 $3,953 2.92%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 36 $12,240,000 $340,000 $3,989 2.56%
    APPLETON, WI (FHA|USDA|VA) 46 $12,090,000 $262,826 $2,940 2.63%
    WILMINGTON, NC (FHA|USDA|VA) 44 $11,900,000 $270,455 $2,973 3.03%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 40 $11,840,000 $296,000 $3,973 2.95%
    WORCESTER, MA-CT (FHA|USDA|VA) 36 $10,000,000 $277,778 $3,425 2.90%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 29 $9,655,000 $332,931 $3,257 2.71%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 22 $9,330,000 $424,091 $3,199 2.65%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 26 $8,760,000 $336,923 $3,996 2.62%
    RICHMOND, VA (FHA|USDA|VA) 27 $8,725,000 $323,148 $2,950 2.50%
    JACKSONVILLE, FL (FHA|USDA|VA) 25 $8,175,000 $327,000 $3,568 2.68%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 26 $7,880,000 $303,077 $3,320 2.49%
    Malone, NY (FHA|USDA|VA) 57 $7,775,000 $136,404 $2,944 3.34%
    Torrington, CT (FHA|USDA|VA) 32 $7,530,000 $235,313 $3,952 3.21%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 24 $6,910,000 $287,917 $4,409 2.83%
    Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 52 $6,770,000 $130,192 $2,822 3.22%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 28 $6,740,000 $240,714 $3,654 2.60%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 20 $6,500,000 $325,000 $3,998 2.96%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 22 $6,340,000 $288,182 $3,746 2.50%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 16 $5,960,000 $372,500 $3,528 2.66%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 19 $5,945,000 $312,895 $3,639 2.94%
    MADISON, WI (FHA|USDA|VA) 18 $5,940,000 $330,000 $3,104 2.50%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 14 $5,840,000 $417,143 $4,245 2.57%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 17 $5,835,000 $343,235 $4,061 2.54%
    Olean, NY (FHA|USDA|VA) 46 $5,430,000 $118,043 $3,128 3.13%
    PITTSBURGH, PA (FHA|USDA|VA) 17 $5,045,000 $296,765 $4,092 2.57%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 12 $4,730,000 $394,167 $3,224 2.70%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 13 $4,655,000 $358,077 $3,383 2.40%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 15 $4,575,000 $305,000 $3,262 2.52%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 10 $4,550,000 $455,000 $3,027 2.38%
    BOULDER, CO (FHA|USDA|VA) 13 $4,205,000 $323,462 $3,134 2.69%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 12 $4,100,000 $341,667 $3,323 2.65%
    BOISE CITY, ID (FHA|USDA|VA) 15 $4,095,000 $273,000 $3,889 2.69%
    GREEN BAY, WI (FHA|USDA|VA) 14 $4,060,000 $290,000 $2,747 2.65%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 15 $3,945,000 $263,000 $2,717 2.59%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 11 $3,785,000 $344,091 $2,942 2.53%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 13 $3,675,000 $282,692 $3,096 2.58%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 9 $3,645,000 $405,000 $3,433 2.57%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 10 $3,630,000 $363,000 $4,859 2.88%
    HUNTSVILLE, AL (FHA|USDA|VA) 12 $3,580,000 $298,333 $3,171 2.70%
    STOCKTON, CA (FHA|USDA|VA) 9 $3,515,000 $390,556 $3,833 2.85%
    BEND, OR (FHA|USDA|VA) 11 $3,505,000 $318,636 $4,366 2.81%
    Ogdensburg-Massena, NY (FHA|USDA|VA) 27 $3,445,000 $127,593 $3,202 3.20%
    COLUMBIA, SC (FHA|USDA|VA) 11 $3,425,000 $311,364 $2,894 2.58%
    ASHEVILLE, NC (FHA|USDA|VA) 10 $3,380,000 $338,000 $3,244 2.51%
    ANN ARBOR, MI (FHA|USDA|VA) 11 $3,265,000 $296,818 $3,045 2.50%
    SALT LAKE CITY, UT (FHA|USDA|VA) 9 $3,265,000 $362,778 $3,276 2.57%
    ALBUQUERQUE, NM (FHA|USDA|VA) 11 $3,255,000 $295,909 $4,041 2.60%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 12 $3,240,000 $270,000 $3,462 2.60%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 10 $3,150,000 $315,000 $3,986 2.49%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 12 $3,130,000 $260,833 $5,010 3.03%
    REDDING, CA (FHA|USDA|VA) 9 $3,105,000 $345,000 $3,469 2.78%
    FORT COLLINS, CO (FHA|USDA|VA) 8 $3,070,000 $383,750 $2,355 2.78%
    Auburn, NY (FHA|USDA|VA) 16 $2,970,000 $185,625 $3,537 3.06%
    Key West, FL (FHA|USDA|VA) 8 $2,970,000 $371,250 $5,507 3.19%
    TUCSON, AZ (FHA|USDA|VA) 10 $2,960,000 $296,000 $3,637 2.50%
    Helena, MT (FHA|USDA|VA) 6 $2,860,000 $476,667 $3,916 2.60%
    EAU CLAIRE, WI (FHA|USDA|VA) 7 $2,845,000 $406,429 $3,322 2.91%
    PUNTA GORDA, FL (FHA|USDA|VA) 16 $2,840,000 $177,500 $4,326 2.92%
    PITTSFIELD, MA (FHA|USDA|VA) 10 $2,760,000 $276,000 $4,395 3.11%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 7 $2,725,000 $389,286 $3,778 2.54%
    Bozeman, MT (FHA|USDA|VA) 7 $2,705,000 $386,429 $3,303 2.50%
    YORK-HANOVER, PA (FHA|USDA|VA) 12 $2,660,000 $221,667 $5,117 3.14%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 8 $2,620,000 $327,500 $3,723 2.42%
    Bennington, VT (FHA|USDA|VA) 10 $2,520,000 $252,000 $3,371 3.11%
    KNOXVILLE, TN (FHA|USDA|VA) 8 $2,500,000 $312,500 $3,337 2.73%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 8 $2,400,000 $300,000 $3,708 2.63%
    VALLEJO, CA (FHA|USDA|VA) 7 $2,385,000 $340,714 $2,987 2.70%
    Morehead City, NC (FHA|USDA|VA) 7 $2,385,000 $340,714 $3,532 3.04%
    BAKERSFIELD, CA (FHA|USDA|VA) 7 $2,295,000 $327,857 $3,835 2.73%
    Batavia, NY (FHA|USDA|VA) 20 $2,280,000 $114,000 $3,488 3.24%
    TULSA, OK (FHA|USDA|VA) 8 $2,240,000 $280,000 $3,895 2.64%
    Kalispell, MT (FHA|USDA|VA) 6 $2,190,000 $365,000 $4,599 2.67%
    SALINAS, CA (FHA|USDA|VA) 6 $2,170,000 $361,667 $3,102 2.60%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $2,150,000 $268,750 $3,724 3.03%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 7 $2,135,000 $305,000 $2,986 2.73%
    SPRINGFIELD, MA (FHA|USDA|VA) 7 $2,105,000 $300,714 $3,639 2.48%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 6 $2,100,000 $350,000 $3,606 2.71%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 7 $2,095,000 $299,286 $3,066 2.64%
    Concord, NH (FHA|USDA|VA) 7 $2,085,000 $297,857 $3,432 2.70%
    Plattsburgh, NY (FHA|USDA|VA) 12 $2,080,000 $173,333 $3,986 3.36%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 6 $2,060,000 $343,333 $4,618 2.67%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 6 $2,060,000 $343,333 $4,368 2.79%
    ERIE, PA (FHA|USDA|VA) 12 $2,030,000 $169,167 $3,603 3.45%
    SALISBURY, MD-DE (FHA|USDA|VA) 7 $2,015,000 $287,857 $4,521 2.57%
    BATON ROUGE, LA (FHA|USDA|VA) 8 $1,970,000 $246,250 $3,685 2.84%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 6 $1,970,000 $328,333 $3,751 2.79%
    SALEM, OR (FHA|USDA|VA) 5 $1,935,000 $387,000 $4,445 2.43%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 5 $1,925,000 $385,000 $2,817 2.50%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 8 $1,910,000 $238,750 $3,539 2.69%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,820,000 $303,333 $3,381 2.54%
    Breckenridge, CO (FHA|USDA|VA) 5 $1,805,000 $361,000 $2,202 2.93%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 6 $1,770,000 $295,000 $3,021 2.50%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 7 $1,745,000 $249,286 $3,234 2.57%
    WINCHESTER, VA-WV (FHA|USDA|VA) 4 $1,720,000 $430,000 $2,678 2.38%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 5 $1,705,000 $341,000 $4,174 2.65%
    PROVO-OREM, UT (FHA|USDA|VA) 5 $1,695,000 $339,000 $3,495 2.90%
    FRESNO, CA (FHA|USDA|VA) 6 $1,690,000 $281,667 $3,097 2.60%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 6 $1,680,000 $280,000 $3,037 2.85%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 6 $1,660,000 $276,667 $4,303 2.77%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $1,655,000 $331,000 $3,047 2.50%
    NAPA, CA (FHA|USDA|VA) 4 $1,650,000 $412,500 $3,338 2.59%
    SAVANNAH, GA (FHA|USDA|VA) 6 $1,640,000 $273,333 $4,240 2.90%
    OCEAN CITY, NJ (FHA|USDA|VA) 5 $1,555,000 $311,000 $3,499 2.70%
    Moses Lake, WA (FHA|USDA|VA) 4 $1,520,000 $380,000 $4,022 2.59%
    GETTYSBURG, PA (FHA|USDA|VA) 7 $1,475,000 $210,714 $5,919 3.39%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 6 $1,450,000 $241,667 $4,219 2.79%
    Lebanon, NH-VT (FHA|USDA|VA) 4 $1,380,000 $345,000 $4,071 2.91%
    LEBANON, PA (FHA|USDA|VA) 7 $1,375,000 $196,429 $4,331 3.21%
    BILLINGS, MT (FHA|USDA|VA) 5 $1,365,000 $273,000 $3,207 2.63%
    WINSTON-SALEM, NC (FHA|USDA|VA) 5 $1,365,000 $273,000 $3,670 2.85%
    DOTHAN, AL (FHA|USDA|VA) 4 $1,330,000 $332,500 $2,932 2.50%
    FLAGSTAFF, AZ (FHA|USDA|VA) 4 $1,290,000 $322,500 $3,004 2.91%
    LYNCHBURG, VA (FHA|USDA|VA) 6 $1,270,000 $211,667 $3,380 3.00%
    Los Alamos, NM (FHA|USDA|VA) 4 $1,240,000 $310,000 $4,404 2.56%
    ROANOKE, VA (FHA|USDA|VA) 4 $1,230,000 $307,500 $1,661 2.66%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 4 $1,230,000 $307,500 $3,175 2.91%
    Rutland, VT (FHA|USDA|VA) 3 $1,205,000 $401,667 $7,808 3.00%
    FORT WAYNE, IN (FHA|USDA|VA) 4 $1,190,000 $297,500 $2,655 2.63%
    SIOUX FALLS, SD (FHA|USDA|VA) 4 $1,190,000 $297,500 $4,797 2.72%
    FAYETTEVILLE, NC (FHA|USDA|VA) 5 $1,185,000 $237,000 $2,671 2.43%
    GAINESVILLE, GA (FHA|USDA|VA) 4 $1,170,000 $292,500 $3,399 2.88%
    NILES, MI (FHA|USDA|VA) 3 $1,165,000 $388,333 $4,528 2.54%
    PANAMA CITY, FL (FHA|USDA|VA) 4 $1,150,000 $287,500 $5,299 2.81%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $1,150,000 $287,500 $3,392 2.72%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,625 2.53%
    Heber, UT (FHA|USDA|VA) 3 $1,105,000 $368,333 $3,218 2.25%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $1,100,000 $275,000 $3,089 2.50%
    MERCED, CA (FHA|USDA|VA) 3 $1,095,000 $365,000 $3,530 2.88%
    COLUMBUS, GA-AL (FHA|USDA|VA) 4 $1,080,000 $270,000 $4,247 2.41%
    Sevierville, TN (FHA|USDA|VA) 3 $1,075,000 $358,333 $3,047 2.54%
    GREENVILLE, NC (FHA|USDA|VA) 8 $1,070,000 $133,750 $4,119 3.11%
    Mount Airy, NC (FHA|USDA|VA) 3 $1,045,000 $348,333 $3,353 2.42%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $1,045,000 $348,333 $5,196 2.50%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 4 $1,040,000 $260,000 $2,892 2.38%
    GRANTS PASS, OR (FHA|USDA|VA) 3 $985,000 $328,333 $3,984 2.29%
    BURLINGTON, NC (FHA|USDA|VA) 4 $980,000 $245,000 $4,056 2.97%
    IDAHO FALLS, ID (FHA|USDA|VA) 2 $960,000 $480,000 $5,505 2.81%
    EL PASO, TX (FHA|USDA|VA) 3 $935,000 $311,667 $3,133 2.71%
    CORVALLIS, OR (FHA|USDA|VA) 3 $925,000 $308,333 $4,015 2.79%
    Cortland, NY (FHA|USDA|VA) 6 $910,000 $151,667 $3,544 3.29%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $900,000 $450,000 $4,663 2.31%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $895,000 $298,333 $3,259 2.46%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $880,000 $220,000 $6,186 3.38%
    SANTA FE, NM (FHA|USDA|VA) 3 $875,000 $291,667 $4,183 2.54%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $870,000 $435,000 $4,355 2.50%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $860,000 $430,000 $1,834 2.63%
    Sheridan, WY (FHA|USDA|VA) 2 $850,000 $425,000 $4,055 2.56%
    MISSOULA, MT (FHA|USDA|VA) 2 $840,000 $420,000 $3,612 3.06%
    AMES, IA (FHA|USDA|VA) 2 $840,000 $420,000 $3,522 2.38%
    CHICO, CA (FHA|USDA|VA) 3 $835,000 $278,333 $3,065 2.88%
    LINCOLN, NE (FHA|USDA|VA) 3 $835,000 $278,333 $2,938 2.54%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $820,000 $410,000 $3,677 2.94%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 4 $810,000 $202,500 $4,578 3.16%
    Whitewater, WI (FHA|USDA|VA) 3 $805,000 $268,333 $2,413 2.92%
    ITHACA, NY (FHA|USDA|VA) 4 $800,000 $200,000 $5,413 3.41%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $800,000 $400,000 $4,111 2.44%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $790,000 $395,000 $3,654 2.94%
    POCATELLO, ID (FHA|USDA|VA) 3 $785,000 $261,667 $4,854 2.71%
    GOLDSBORO, NC (FHA|USDA|VA) 3 $785,000 $261,667 $4,376 2.96%
    Brainerd, MN (FHA|USDA|VA) 3 $785,000 $261,667 $3,681 2.38%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 2 $780,000 $390,000 $4,191 2.19%
    STAUNTON, VA (FHA|USDA|VA) 3 $775,000 $258,333 $3,092 2.92%
    THE VILLAGES, FL (FHA|USDA|VA) 3 $765,000 $255,000 $2,900 2.58%
    MANKATO, MN (FHA|USDA|VA) 3 $765,000 $255,000 $3,122 2.54%
    COLUMBUS, OH (FHA|USDA|VA) 4 $750,000 $187,500 $3,204 2.63%
    DOVER, DE (FHA|USDA|VA) 2 $740,000 $370,000 $3,616 2.44%
    YUBA CITY, CA (FHA|USDA|VA) 2 $710,000 $355,000 $4,578 2.50%
    RACINE, WI (FHA|USDA|VA) 3 $705,000 $235,000 $2,684 2.71%
    FARGO, ND-MN (FHA|USDA|VA) 2 $700,000 $350,000 $2,911 2.50%
    Seneca, SC (FHA|USDA|VA) 2 $700,000 $350,000 $3,405 2.38%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $690,000 $345,000 $3,170 2.50%
    Barre, VT (FHA|USDA|VA) 2 $690,000 $345,000 $4,174 2.94%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $690,000 $345,000 $4,431 2.63%
    Traverse City, MI (FHA|USDA|VA) 2 $690,000 $345,000 $2,404 2.38%
    VALDOSTA, GA (FHA|USDA|VA) 2 $680,000 $340,000 $2,974 2.38%
    JACKSON, MS (FHA|USDA|VA) 2 $680,000 $340,000 $2,993 2.75%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $680,000 $340,000 $3,089 2.88%
    BELLINGHAM, WA (FHA|USDA|VA) 2 $680,000 $340,000 $3,487 2.44%
    TALLAHASSEE, FL (FHA|USDA|VA) 3 $675,000 $225,000 $3,384 2.71%
    YAKIMA, WA (FHA|USDA|VA) 2 $670,000 $335,000 $1,612 2.44%
    GREELEY, CO (FHA|USDA|VA) 2 $660,000 $330,000 $3,124 2.69%
    FLINT, MI (FHA|USDA|VA) 2 $650,000 $325,000 $4,049 3.06%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $650,000 $325,000 $1,866 2.56%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $640,000 $320,000 $2,958 2.69%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $640,000 $320,000 $6,535 2.63%
    GRAND JUNCTION, CO (FHA|USDA|VA) 2 $640,000 $320,000 $3,741 2.81%
    LAS CRUCES, NM (FHA|USDA|VA) 3 $635,000 $211,667 $3,998 2.58%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $620,000 $310,000 $3,041 2.63%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 2 $590,000 $295,000 $2,597 2.13%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $590,000 $295,000 $3,477 2.94%
    Oak Harbor, WA (FHA|USDA|VA) 2 $570,000 $285,000 $3,166 2.31%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $570,000 $285,000 $4,539 2.31%
    Shelton, WA (FHA|USDA|VA) 2 $570,000 $285,000 $3,481 2.56%
    St. Marys, GA (FHA|USDA|VA) 3 $565,000 $188,333 $3,056 2.96%
    CASPER, WY (FHA|USDA|VA) 2 $560,000 $280,000 $3,737 2.94%
    SAGINAW, MI (FHA|USDA|VA) 2 $560,000 $280,000 $3,772 2.69%
    Outside of Metro Areas 2 $560,000 $280,000 $4,399 2.63%
    Athens, TX (FHA|USDA|VA) 2 $550,000 $275,000 $4,581 2.69%
    Durant, OK (FHA|USDA|VA) 1 $545,000 $545,000 $4,693 2.50%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $545,000 $545,000 $5,089 2.75%
    ROCKY MOUNT, NC (FHA|USDA|VA) 3 $535,000 $178,333 $3,972 3.38%
    VISALIA, CA (FHA|USDA|VA) 2 $530,000 $265,000 $5,037 2.88%
    TUSCALOOSA, AL (FHA|USDA|VA) 2 $530,000 $265,000 $2,155 2.44%
    NEW BERN, NC (FHA|USDA|VA) 3 $525,000 $175,000 $10,747 3.67%
    MUSKEGON, MI (FHA|USDA|VA) 2 $520,000 $260,000 $2,417 2.75%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $520,000 $260,000 $1,986 2.19%
    OCALA, FL (FHA|USDA|VA) 3 $515,000 $171,667 $5,011 3.13%
    Calhoun, GA (FHA|USDA|VA) 1 $505,000 $505,000 $4,732 2.38%
    Greenwood, SC (FHA|USDA|VA) 2 $500,000 $250,000 $1,473 2.88%
    PEORIA, IL (FHA|USDA|VA) 2 $500,000 $250,000 $3,432 2.44%
    ELMIRA, NY (FHA|USDA|VA) 3 $495,000 $165,000 $4,381 2.96%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $495,000 $495,000 $6,715 2.75%
    READING, PA (FHA|USDA|VA) 1 $495,000 $495,000 $3,326 2.25%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $485,000 $485,000 $6,238 2.50%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $480,000 $240,000 $2,331 2.25%
    Alexandria, MN (FHA|USDA|VA) 1 $475,000 $475,000 $2,991 2.50%
    Meadville, PA (FHA|USDA|VA) 5 $475,000 $95,000 $1,925 3.15%
    ROCKFORD, IL (FHA|USDA|VA) 2 $470,000 $235,000 $3,817 2.63%
    Roanoke Rapids, NC (FHA|USDA|VA) 1 $465,000 $465,000 $3,139 2.88%
    Cullowhee, NC (FHA|USDA|VA) 1 $465,000 $465,000 $3,141 3.00%
    MOBILE, AL (FHA|USDA|VA) 2 $460,000 $230,000 $5,368 2.69%
    ST. CLOUD, MN (FHA|USDA|VA) 2 $450,000 $225,000 $3,285 2.44%
    Bradford, PA (FHA|USDA|VA) 4 $450,000 $112,500 $3,563 3.00%
    Jackson, WY-ID (FHA|USDA|VA) 1 $435,000 $435,000 $4,360 2.50%
    Payson, AZ (FHA|USDA|VA) 1 $435,000 $435,000 $4,081 3.00%
    Fergus Falls, MN (FHA|USDA|VA) 1 $435,000 $435,000 $4,915 2.75%
    Sayre, PA (FHA|USDA|VA) 3 $425,000 $141,667 $4,542 3.08%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $420,000 $210,000 $5,839 2.88%
    Kill Devil Hills, NC (FHA|USDA|VA) 2 $410,000 $205,000 $2,783 3.00%
    JACKSONVILLE, NC (FHA|USDA|VA) 2 $410,000 $205,000 $829 2.75%
    GADSDEN, AL (FHA|USDA|VA) 1 $405,000 $405,000 $3,124 2.50%
    Berlin, NH (FHA|USDA|VA) 1 $405,000 $405,000 $485 2.88%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 2 $400,000 $200,000 $2,577 2.81%
    Ruidoso, NM (FHA|USDA|VA) 1 $395,000 $395,000 $3,982 2.75%
    Stevens Point, WI (FHA|USDA|VA) 2 $390,000 $195,000 $2,389 2.56%
    Hutchinson, MN (FHA|USDA|VA) 1 $385,000 $385,000 $3,130 3.00%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $385,000 $385,000 $3,425 2.63%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $375,000 $375,000 $3,989 3.00%
    Pullman, WA (FHA|USDA|VA) 1 $375,000 $375,000 $2,860 2.13%
    Vicksburg, MS (FHA|USDA|VA) 1 $375,000 $375,000 $2,633 2.75%
    Vineyard Haven, MA (FHA|USDA|VA) 1 $365,000 $365,000 $6,050 2.25%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $355,000 $355,000 $4,560 2.75%
    Granbury, TX (FHA|USDA|VA) 1 $355,000 $355,000 $2,800 2.63%
    Gallup, NM (FHA|USDA|VA) 1 $355,000 $355,000 $4,199 2.63%
    Shawano, WI (FHA|USDA|VA) 2 $350,000 $175,000 $2,685 2.44%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $345,000 $345,000 $2,995 3.13%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $345,000 $345,000 $2,895 2.50%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $345,000 $345,000 $6,175 2.75%
    Cedar City, UT (FHA|USDA|VA) 1 $345,000 $345,000 $4,632 2.38%
    Augusta-Waterville, ME (FHA|USDA|VA) 1 $335,000 $335,000 $3,830 2.75%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $335,000 $335,000 $3,953 2.75%
    Plymouth, IN (FHA|USDA|VA) 1 $335,000 $335,000 $2,832 2.25%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $335,000 $335,000 $3,304 2.75%
    WICHITA, KS (FHA|USDA|VA) 1 $325,000 $325,000 $2,895 2.00%
    KANKAKEE, IL (FHA|USDA|VA) 1 $325,000 $325,000 $2,848 2.63%
    WICHITA FALLS, TX (FHA|USDA|VA) 1 $325,000 $325,000 $3,199 2.50%
    Manitowoc, WI (FHA|USDA|VA) 2 $320,000 $160,000 $2,997 3.06%
    Baraboo, WI (FHA|USDA|VA) 1 $315,000 $315,000 $3,715 2.75%
    YUMA, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $3,030 2.88%
    BISMARCK, ND (FHA|USDA|VA) 1 $305,000 $305,000 $4,119 2.50%
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $305,000 $305,000 $3,440 3.00%
    Richmond-Berea, KY (FHA|USDA|VA) 1 $305,000 $305,000 $3,553 2.38%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $305,000 $305,000 $2,898 2.50%
    Frankfort, KY (FHA|USDA|VA) 1 $295,000 $295,000 $3,298 2.75%
    London, KY (FHA|USDA|VA) 1 $295,000 $295,000 $3,680 2.75%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $295,000 $295,000 $4,433 2.50%
    Duncan, OK (FHA|USDA|VA) 1 $285,000 $285,000 $4,801 2.38%
    Laurinburg, NC (FHA|USDA|VA) 1 $285,000 $285,000 $3,661 2.63%
    ROME, GA (FHA|USDA|VA) 1 $285,000 $285,000 $3,113 2.38%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $285,000 $285,000 $4,156 2.50%
    Grand Rapids, MN (FHA|USDA|VA) 1 $285,000 $285,000 $2,991 2.50%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $275,000 $275,000 $3,045 2.50%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $275,000 $275,000 $1,508 2.38%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $275,000 $275,000 $3,292 2.63%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $275,000 $275,000 $3,504 3.00%
    RAPID CITY, SD (FHA|USDA|VA) 1 $275,000 $275,000 $3,390 2.88%
    Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $275,000 $275,000 $1,600 2.25%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $275,000 $275,000 $4,202 2.75%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $275,000 $275,000 $3,153 2.38%
    ROCHESTER, MN (FHA|USDA|VA) 1 $265,000 $265,000 $3,547 2.63%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $265,000 $265,000 $3,853 2.13%
    Red Wing, MN (FHA|USDA|VA) 1 $255,000 $255,000 $3,635 2.63%
    Show Low, AZ (FHA|USDA|VA) 1 $255,000 $255,000 $3,600 3.00%
    AKRON, OH (FHA|USDA|VA) 1 $255,000 $255,000 $3,638 3.00%
    Albertville, AL (FHA|USDA|VA) 1 $255,000 $255,000 $1,400 2.25%
    FLORENCE, SC (FHA|USDA|VA) 1 $255,000 $255,000 $2,985 2.13%
    Clovis, NM (FHA|USDA|VA) 1 $245,000 $245,000 $8,683 2.25%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $245,000 $245,000 $2,776 2.25%
    Port Angeles, WA (FHA|USDA|VA) 1 $245,000 $245,000 $2,893 2.88%
    EspaƱola, NM (FHA|USDA|VA) 1 $245,000 $245,000 $4,757 2.50%
    Corning, NY (FHA|USDA|VA) 2 $240,000 $120,000 $2,915 3.06%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $235,000 $235,000 $2,855 2.13%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $235,000 $235,000 $2,840 3.00%
    Oxford, MS (FHA|USDA|VA) 1 $235,000 $235,000 $4,173 2.75%
    CHEYENNE, WY (FHA|USDA|VA) 1 $225,000 $225,000 $3,826 2.25%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $225,000 $225,000 $3,260 2.13%
    JACKSON, TN (FHA|USDA|VA) 1 $225,000 $225,000 $3,415 2.75%
    Ottawa, IL (FHA|USDA|VA) 1 $215,000 $215,000 $2,846 2.63%
    Wilson, NC (FHA|USDA|VA) 1 $215,000 $215,000 $2,956 3.63%
    CLEVELAND, TN (FHA|USDA|VA) 1 $215,000 $215,000 $2,868 2.63%
    Beaver Dam, WI (FHA|USDA|VA) 1 $215,000 $215,000 $3,225 3.00%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $205,000 $205,000 $1,924 2.38%
    Big Spring, TX (FHA|USDA|VA) 1 $205,000 $205,000 $1,048 2.00%
    Coldwater, MI (FHA|USDA|VA) 1 $195,000 $195,000 $2,776 2.13%
    JACKSON, MI (FHA|USDA|VA) 1 $195,000 $195,000 $2,778 2.13%
    Decatur, IN (FHA|USDA|VA) 1 $185,000 $185,000 $2,948 2.63%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $175,000 $175,000 $2,875 2.88%
    Miami, OK (FHA|USDA|VA) 1 $175,000 $175,000 $4,056 3.25%
    SHEBOYGAN, WI (FHA|USDA|VA) 1 $175,000 $175,000 $2,685 3.25%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $165,000 $165,000 $3,307 3.25%
    Alexander City, AL (FHA|USDA|VA) 1 $165,000 $165,000 $575 3.00%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $155,000 $155,000 $3,353 3.38%
    DECATUR, AL (FHA|USDA|VA) 1 $135,000 $135,000 $2,835 2.63%
    SUMTER, SC (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.13%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $125,000 $125,000 $533 3.63%
    Mason City, IA (FHA|USDA|VA) 1 $125,000 $125,000 $3,640 2.38%
    CHARLESTON, WV (FHA|USDA|VA) 1 $125,000 $125,000 $3,805 2.75%
    Pottsville, PA (FHA|USDA|VA) 1 $125,000 $125,000 $5,418 3.25%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 3.88%
    Cullman, AL (FHA|USDA|VA) 1 $95,000 $95,000 $3,045 3.25%
    Seneca Falls, NY (FHA|USDA|VA) 2 $90,000 $45,000 $312 3.00%
    Rockingham, NC (FHA|USDA|VA) 1 $85,000 $85,000 $2,936 3.25%
    ALBANY, GA (FHA|USDA|VA) 1 $75,000 $75,000 $2,559 2.38%
    Durango, CO (FHA|USDA|VA) 1 $65,000 $65,000 $0 3.50%
    Homestead Funding Corp.'s top markets include Albany, Poughkeepsie, New York, Glens Falls, and Washington among others.

    Their top states include:
  • New York (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 11,171 $3,080,815,000 $275,787 $3,749 2.97%
    FHA 1,877 $368,085,000 $196,103 $5,514 3.10%
    VA 724 $204,370,000 $282,279 $5,141 2.82%
    USDA 204 $34,750,000 $170,343 $2,741 3.06%

    For 2021, Homestead Funding Corp.'s most frequently originated type of loan was Conventional, with 11,171 originations. Their 2nd most popular type was FHA, with 1,877 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 8,716 $2,120,150,000 $243,248 $4,270 3.11%
    Refi 3,857 $1,161,955,000 $301,259 $3,476 2.67%
    Cash Out Refi 1,312 $385,040,000 $293,476 $4,250 3.01%
    Other 49 $11,155,000 $227,653 $4,020 3.03%
    Home Improvement 42 $9,720,000 $231,429 $4,503 3.38%

    For 2021, Homestead Funding Corp.'s most frequently cited loan purpose was Home Purchase, with 8,716 originations. The 2nd most popular reason was Refi, with 3,857 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 11,559 $3,037,725,000 $262,802 $4,161 3.07%
    15 Year 1,410 $372,150,000 $263,936 $3,497 2.44%
    20 Year 628 $189,240,000 $301,338 $3,468 2.63%
    Other 195 $36,605,000 $187,718 $2,582 3.02%
    10 Year 162 $44,930,000 $277,346 $3,309 2.16%
    30+ year 22 $7,370,000 $335,000 $16,705 3.40%

    For 2021, Homestead Funding Corp.'s most frequently cited loan duration was 30 Year, with 11,559 originations. The 2nd most popular length was 15 Year, with 1,410 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 5,854 $1,357,750,000 $231,935
    $1k-2k 5,589 $1,630,195,000 $291,679
    $2k-3k 949 $255,135,000 $268,846
    $3k-4k 462 $130,770,000 $283,052
    $5k+ 295 $115,315,000 $390,898
    $4k-5k 208 $66,420,000 $319,327

    Homestead Funding Corp.'s average total fees were $4,161, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 5,854 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 5,698 $1,370,770,000 $240,570
    2.5-3% 5,656 $1,556,670,000 $275,225
    <2.5% 2,332 $716,830,000 $307,389
    4-5% 237 $43,095,000 $181,835

    During 2021, Homestead Funding Corp.'s average interest rate for loans was 3.07%, while their most frequently originated rate bucket for loans was 3-4%, with 5,698 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 7,039 $2,018,575,000 $286,770 $4,324 2.93%
    $100k-200k 4,100 $630,610,000 $153,807 $3,476 3.12%
    $400k-600k 1,878 $888,040,000 $472,865 $4,650 2.81%
    $100,000 or less 833 $59,835,000 $71,831 $2,410 3.11%
    $600k-1MM 118 $82,190,000 $696,525 $7,897 3.08%
    $1MM+ 8 $8,770,000 $1,096,250 $6,927 3.05%

    2021 saw Homestead Funding Corp. place emphasis on $200k-400k loans with 7,039 originations, totaling $2,018,575,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 3,228 $958,990,000 $297,085 $4,228 2.95%
    $50k-75k 3,063 $601,085,000 $196,241 $3,951 3.07%
    $75k-100k 2,560 $637,540,000 $249,039 $4,168 3.03%
    $150k-250k 2,473 $873,705,000 $353,298 $4,317 2.87%
    $50k or less 1,604 $218,760,000 $136,384 $3,303 3.10%
    $250k+ 844 $338,300,000 $400,829 $4,372 2.82%

    Homestead Funding Corp. lent most frequently to those with incomes in the $100k-150k range, with 3,228 originations. The second most popular income band? $50k-75k, with 3,063 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 3,136 $850,600,000 $271,237 $3,877 2.91%
    30-36% 2,665 $707,825,000 $265,600 $4,008 2.99%
    <20% 1,175 $330,925,000 $281,638 $3,583 2.76%
    39% 544 $142,370,000 $261,710 $4,299 3.04%
    42% 537 $141,815,000 $264,088 $4,218 3.05%
    37% 513 $131,335,000 $256,014 $4,078 3.03%
    43% 508 $128,220,000 $252,402 $4,121 3.07%
    41% 492 $130,460,000 $265,163 $4,236 3.07%
    44% 486 $123,910,000 $254,959 $4,332 3.11%
    40% 484 $121,060,000 $250,124 $4,122 3.05%
    36% 479 $123,045,000 $256,879 $3,981 3.03%
    38% 469 $121,275,000 $258,582 $3,976 3.05%
    45% 408 $103,440,000 $253,529 $4,198 3.09%
    46% 396 $101,510,000 $256,338 $4,322 3.05%
    49% 388 $105,730,000 $272,500 $4,646 3.08%
    48% 367 $97,165,000 $264,755 $4,322 3.07%
    50-60% 367 $84,625,000 $230,586 $5,559 3.03%
    47% 357 $95,165,000 $266,569 $4,481 3.05%

    Homestead Funding Corp. lent most frequently to those with DTI ratios of 20-30%, with 3,136 originations. The next most common DTI ratio? 30-36%, with 2,665 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 10,089 $2,598,005,000 $257,509 $3,983 2.99%
    Not provided 2,464 $691,370,000 $280,588 $4,139 2.96%
    Asian 753 $228,215,000 $303,074 $4,353 2.89%
    Black 510 $122,620,000 $240,431 $4,546 3.06%
    Asian Indian 64 $22,710,000 $354,844 $4,262 2.65%
    American Indian 63 $16,165,000 $256,587 $4,107 2.97%
    Native Hawaiian or Islander 10 $2,580,000 $258,000 $3,776 3.13%
    Chinese 6 $2,310,000 $385,000 $3,726 2.96%
    Other Asian 10 $2,100,000 $210,000 $3,637 3.06%
    Korean 3 $905,000 $301,667 $1,983 2.67%
    Filipino 3 $665,000 $221,667 $3,896 2.71%
    Vietnamese 1 $375,000 $375,000 $3,045 2.50%

    Approval Rates

    Total approvals of all applications
    97.23%

    Homestead Funding Corp. 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
    83.57%

    Homestead Funding Corp. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 13,976 $3,688,020,000 $263,882

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    13,976 $3,688,020,000 $263,882

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 439 $108,895,000 $248,052 $3,282 2.62%
    40-60% 1,870 $542,750,000 $290,241 $3,452 2.67%
    60-80% 4,315 $1,232,915,000 $285,728 $3,895 2.99%
    80-100% 6,908 $1,700,610,000 $246,180 $4,285 3.10%
    Over 100% 172 $50,050,000 $290,988 $9,953 2.97%
    Under 20% 122 $6,300,000 $51,639 $892 2.04%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    HOMESTEAD FUNDING CORPORATION Conventional home mortgage Struggling to pay mortgage 1 33.3%
    HOMESTEAD FUNDING CORPORATION Conventional home mortgage Trouble during payment process 1 33.3%
    HOMESTEAD FUNDING CORPORATION FHA mortgage Closing on a mortgage 1 33.3%