Homestead Funding Corp. Mortgage Rates, Fees & Info
ALBANY, NYLEI: 549300T3F9S1MKFKHC53
Tax ID: 14-1770243
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Mortgage Data
Review & Overview
Homestead Funding Corp. is a small mortgage company specializing in Home Purchase 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, Binghamton, and Glens Falls among others. We have data for 268 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.39% | 4/21/24 |
| 30 Year Conventional Refi | 6.23% | 4/21/24 |
| 30 Year Cash-out Refi | 6.51% | 4/21/24 |
| 30 Year FHA Purchase | 7.15% | 4/21/24 |
| 30 Year FHA Refi | 6.96% | 4/21/24 |
| 30 Year VA Purchase | 6.27% | 4/21/24 |
| 30 Year VA Refi | 6.05% | 4/21/24 |
| 30 Year USDA Purchase | 6.75% | 4/21/24 |
| 15 Year Conventional Purchase | 5.96% | 4/21/24 |
| 15 Year Conventional Refi | 5.77% | 4/21/24 |
| 15 Year Cash-out Refi | 5.77% | 4/21/24 |
| 15 Year FHA Purchase | 7.03% | 4/21/24 |
| 15 Year VA Refi | 6.04% | 4/21/24 |
| 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. | ||
Homestead Funding Corp. Mortgage Calculator
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This is not an official calculator from Homestead Funding Corp.. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
7,145Origination Dollar Volume (All Markets)
$1,859,135,000Awards
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HOMESTEAD FUNDING CORP. - 2022
HOMESTEAD FUNDING CORP. is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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) | 1,941 | $489,355,000 | $252,115 | $4,905 | 4.86% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 506 | $168,170,000 | $332,352 | $6,821 | 4.80% |
| Outside of Metro Areas | 474 | $115,940,000 | $244,599 | $5,650 | 4.87% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 164 | $72,530,000 | $442,256 | $7,926 | 4.62% |
| BINGHAMTON, NY (FHA|USDA|VA) | 451 | $70,425,000 | $156,153 | $4,333 | 5.00% |
| GLENS FALLS, NY (FHA|USDA|VA) | 309 | $65,045,000 | $210,502 | $4,268 | 4.99% |
| KINGSTON, NY (FHA|USDA|VA) | 188 | $59,950,000 | $318,883 | $5,766 | 4.85% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 309 | $56,825,000 | $183,900 | $4,569 | 3.97% |
| SYRACUSE, NY (FHA|USDA|VA) | 291 | $50,755,000 | $174,416 | $4,076 | 4.96% |
| Hudson, NY (FHA|USDA|VA) | 163 | $50,465,000 | $309,601 | $4,904 | 4.77% |
| UTICA-ROME, NY (FHA|USDA|VA) | 188 | $34,320,000 | $182,553 | $4,828 | 4.94% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 74 | $29,970,000 | $405,000 | $5,591 | 4.63% |
| Gloversville, NY (FHA|USDA|VA) | 122 | $22,510,000 | $184,508 | $4,040 | 5.07% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 100 | $21,120,000 | $211,200 | $5,788 | 4.79% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 99 | $19,345,000 | $195,404 | $5,363 | 4.92% |
| ROCHESTER, NY (FHA|USDA|VA) | 97 | $18,465,000 | $190,361 | $3,999 | 5.08% |
| Amsterdam, NY (FHA|USDA|VA) | 95 | $16,775,000 | $176,579 | $4,181 | 4.86% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 43 | $15,735,000 | $365,930 | $5,362 | 4.11% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 42 | $15,450,000 | $367,857 | $6,995 | 4.66% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 34 | $15,330,000 | $450,882 | $5,129 | 3.49% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 38 | $13,740,000 | $361,579 | $4,467 | 4.98% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 35 | $13,385,000 | $382,429 | $5,168 | 4.22% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 35 | $12,605,000 | $360,143 | $5,462 | 4.35% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 37 | $12,185,000 | $329,324 | $6,505 | 4.69% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 21 | $11,355,000 | $540,714 | $5,457 | 3.86% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 52 | $11,310,000 | $217,500 | $3,971 | 4.41% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 29 | $10,265,000 | $353,966 | $5,390 | 3.83% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 45 | $10,145,000 | $225,444 | $5,158 | 4.26% |
| Oneonta, NY (FHA|USDA|VA) | 53 | $9,995,000 | $188,585 | $4,280 | 4.74% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 23 | $9,625,000 | $418,478 | $5,272 | 4.52% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 25 | $9,335,000 | $373,400 | $4,994 | 4.57% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 17 | $9,315,000 | $547,941 | $5,015 | 3.98% |
| LANCASTER, PA (FHA|USDA|VA) | 36 | $8,480,000 | $235,556 | $6,353 | 5.18% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 23 | $8,275,000 | $359,783 | $4,882 | 4.59% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 23 | $8,205,000 | $356,739 | $3,992 | 4.10% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 18 | $7,830,000 | $435,000 | $4,570 | 4.70% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 22 | $7,820,000 | $355,455 | $5,866 | 3.86% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 45 | $7,165,000 | $159,222 | $4,147 | 5.06% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 18 | $6,960,000 | $386,667 | $5,662 | 4.26% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 16 | $6,750,000 | $421,875 | $4,032 | 4.16% |
| WILMINGTON, NC (FHA|USDA|VA) | 19 | $6,595,000 | $347,105 | $4,629 | 5.14% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 17 | $6,555,000 | $385,588 | $5,502 | 4.24% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 20 | $6,490,000 | $324,500 | $4,962 | 4.01% |
| Malone, NY (FHA|USDA|VA) | 49 | $6,255,000 | $127,653 | $3,567 | 4.97% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 17 | $6,225,000 | $366,176 | $3,543 | 4.10% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 10 | $5,970,000 | $597,000 | $7,726 | 4.34% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 14 | $5,390,000 | $385,000 | $5,104 | 4.17% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 11 | $5,285,000 | $480,455 | $6,210 | 4.51% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 14 | $5,260,000 | $375,714 | $4,005 | 3.45% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 12 | $5,170,000 | $430,833 | $4,651 | 3.94% |
| Torrington, CT (FHA|USDA|VA) | 20 | $4,960,000 | $248,000 | $5,876 | 4.59% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 20 | $4,270,000 | $213,500 | $4,538 | 3.58% |
| Olean, NY (FHA|USDA|VA) | 33 | $4,125,000 | $125,000 | $3,621 | 5.16% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 11 | $3,855,000 | $350,455 | $4,759 | 4.86% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 13 | $3,815,000 | $293,462 | $4,253 | 4.38% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 10 | $3,780,000 | $378,000 | $4,604 | 4.14% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 8 | $3,660,000 | $457,500 | $8,816 | 4.25% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 11 | $3,475,000 | $315,909 | $3,523 | 3.74% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 8 | $3,430,000 | $428,750 | $3,845 | 3.41% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 7 | $3,215,000 | $459,286 | $4,680 | 4.18% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 10 | $3,170,000 | $317,000 | $5,630 | 4.74% |
| APPLETON, WI (FHA|USDA|VA) | 10 | $2,960,000 | $296,000 | $3,517 | 4.98% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 10 | $2,580,000 | $258,000 | $3,821 | 4.76% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 7 | $2,515,000 | $359,286 | $6,440 | 3.13% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 6 | $2,500,000 | $416,667 | $7,397 | 5.50% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 7 | $2,405,000 | $343,571 | $4,689 | 4.13% |
| BOULDER, CO (FHA|USDA|VA) | 3 | $2,355,000 | $785,000 | $2,650 | 4.63% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 7 | $2,185,000 | $312,143 | $5,225 | 3.89% |
| Plattsburgh, NY (FHA|USDA|VA) | 10 | $2,110,000 | $211,000 | $4,715 | 4.89% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 4 | $2,100,000 | $525,000 | $4,070 | 4.78% |
| ASHEVILLE, NC (FHA|USDA|VA) | 6 | $1,960,000 | $326,667 | $4,791 | 3.90% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 7 | $1,905,000 | $272,143 | $4,992 | 4.52% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 6 | $1,900,000 | $316,667 | $2,834 | 4.19% |
| Kalispell, MT (FHA|USDA|VA) | 4 | $1,880,000 | $470,000 | $7,031 | 3.91% |
| LOUISVILLE, KY (FHA|USDA|VA) | 6 | $1,880,000 | $313,333 | $6,609 | 4.46% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 5 | $1,865,000 | $373,000 | $2,809 | 5.08% |
| Ogdensburg-Massena, NY (FHA|USDA|VA) | 14 | $1,850,000 | $132,143 | $3,696 | 5.17% |
| Rutland, VT (FHA|USDA|VA) | 8 | $1,850,000 | $231,250 | $3,574 | 5.00% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 4 | $1,750,000 | $437,500 | $3,945 | 3.56% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 5 | $1,735,000 | $347,000 | $9,767 | 3.35% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 5 | $1,705,000 | $341,000 | $9,759 | 4.58% |
| Albertville, AL (FHA|USDA|VA) | 3 | $1,705,000 | $568,333 | $16,158 | 3.92% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 5 | $1,685,000 | $337,000 | $4,999 | 3.83% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 5 | $1,585,000 | $317,000 | $4,139 | 4.48% |
| Batavia, NY (FHA|USDA|VA) | 14 | $1,540,000 | $110,000 | $3,190 | 5.33% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $1,515,000 | $505,000 | $4,205 | 4.58% |
| Auburn, NY (FHA|USDA|VA) | 7 | $1,485,000 | $212,143 | $5,498 | 5.46% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 7 | $1,445,000 | $206,429 | $6,941 | 5.13% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 4 | $1,440,000 | $360,000 | $2,816 | 3.78% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 4 | $1,430,000 | $357,500 | $5,240 | 5.28% |
| GREEN BAY, WI (FHA|USDA|VA) | 3 | $1,425,000 | $475,000 | $6,531 | 4.54% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 4 | $1,410,000 | $352,500 | $3,765 | 4.00% |
| ITHACA, NY (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $7,746 | 4.81% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $7,512 | 4.34% |
| RICHMOND, VA (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $5,760 | 2.97% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 6 | $1,400,000 | $233,333 | $3,511 | 4.54% |
| PITTSFIELD, MA (FHA|USDA|VA) | 5 | $1,315,000 | $263,000 | $3,345 | 4.78% |
| OCALA, FL (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $8,338 | 5.06% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $3,662 | 3.16% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $6,866 | 4.38% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $5,227 | 3.54% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 4 | $1,230,000 | $307,500 | $3,980 | 4.22% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 5 | $1,225,000 | $245,000 | $3,689 | 4.93% |
| GREENVILLE, NC (FHA|USDA|VA) | 7 | $1,185,000 | $169,286 | $4,352 | 6.04% |
| Bozeman, MT (FHA|USDA|VA) | 3 | $1,165,000 | $388,333 | $6,211 | 3.50% |
| GAINESVILLE, GA (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $6,294 | 4.08% |
| Steamboat Springs, CO (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $4,221 | 3.50% |
| RACINE, WI (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $3,331 | 3.56% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $1,100,000 | $550,000 | $5,454 | 3.63% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $5,855 | 4.00% |
| TUCSON, AZ (FHA|USDA|VA) | 4 | $1,080,000 | $270,000 | $2,778 | 3.03% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 3 | $1,075,000 | $358,333 | $4,868 | 4.25% |
| PITTSBURGH, PA (FHA|USDA|VA) | 5 | $1,055,000 | $211,000 | $3,195 | 4.00% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $4,893 | 4.38% |
| Cortland, NY (FHA|USDA|VA) | 6 | $1,010,000 | $168,333 | $4,995 | 4.85% |
| SAVANNAH, GA (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $4,540 | 4.31% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $10,331 | 3.19% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $3,692 | 5.21% |
| KNOXVILLE, TN (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $2,000 | 3.83% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $4,732 | 3.96% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $3,856 | 5.06% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $4,599 | 4.06% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $3,603 | 3.13% |
| Corning, NY (FHA|USDA|VA) | 6 | $860,000 | $143,333 | $3,314 | 5.48% |
| Jackson, WY-ID (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $3,876 | 4.25% |
| Sonora, CA (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $0 | 3.92% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 5 | $815,000 | $163,000 | $3,691 | 5.03% |
| MADISON, WI (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $3,062 | 4.06% |
| Georgetown, SC (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $4,425 | 2.63% |
| LONGVIEW, WA (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $2,467 | 3.75% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $4,362 | 3.50% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $4,369 | 4.75% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $4,465 | 3.63% |
| TULSA, OK (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $4,624 | 3.25% |
| Heber, UT (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $4,165 | 3.88% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $5,010 | 3.83% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $5,332 | 5.31% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $3,459 | 4.25% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $3,782 | 4.63% |
| VALLEJO, CA (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $4,795 | 4.06% |
| DOVER, DE (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $11,779 | 2.69% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $4,313 | 4.00% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $5,767 | 4.75% |
| Seneca, SC (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $3,922 | 3.96% |
| COLUMBIA, SC (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $3,808 | 4.13% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $4,732 | 4.50% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $3,968 | 4.38% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $3,110 | 2.13% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $3,065 | 3.88% |
| Sayre, PA (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $7,750 | 4.50% |
| Enterprise, AL (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $3,331 | 3.81% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $7,277 | 4.42% |
| Bennington, VT (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $3,476 | 5.25% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $3,916 | 4.81% |
| SALEM, OR (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $5,745 | 5.13% |
| Lebanon, NH-VT (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $4,787 | 3.63% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $12,034 | 5.13% |
| Key West, FL (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $20,535 | 5.75% |
| Marion, NC (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $3,883 | 7.00% |
| BEND, OR (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $6,025 | 3.25% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $3,065 | 3.75% |
| LAS CRUCES, NM (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $3,600 | 5.00% |
| AMARILLO, TX (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $2,209 | 4.75% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $4,240 | 4.63% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $10,566 | 5.94% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $3,670 | 3.50% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $5,247 | 5.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $2,596 | 4.38% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $11,278 | 4.25% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $4,319 | 5.50% |
| BATON ROUGE, LA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $3,480 | 3.38% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 4.13% |
| Sturgis, MI (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $8,220 | 4.50% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $3,288 | 3.25% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,602 | 5.38% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,562 | 4.25% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $4,861 | 5.06% |
| Whitewater, WI (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $3,513 | 5.44% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $7,283 | 6.63% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $8,158 | 4.63% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $1,739 | 4.38% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $3,013 | 3.56% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $3,407 | 3.25% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $6,167 | 3.75% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,369 | 3.94% |
| Marshalltown, IA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,794 | 5.38% |
| Brevard, NC (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $10,654 | 5.19% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $4,667 | 5.13% |
| Boone, NC (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $3,751 | 3.25% |
| GETTYSBURG, PA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $4,751 | 3.56% |
| Willmar, MN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $3,748 | 3.00% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $4,139 | 3.13% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,028 | 2.75% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,040 | 2.63% |
| Barre, VT (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,715 | 3.38% |
| Sandusky, OH (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,658 | 2.50% |
| Outside of Metro Areas | 1 | $375,000 | $375,000 | $4,196 | 3.25% |
| NAPA, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $6,715 | 4.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $7,080 | 5.00% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,670 | 2.50% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $3,662 | 4.88% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,198 | 6.00% |
| Blackfoot, ID (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,199 | 2.75% |
| Concord, NH (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,450 | 3.00% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,865 | 2.88% |
| Freeport, IL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,803 | 5.38% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,217 | 3.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,849 | 2.50% |
| Clovis, NM (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,730 | 4.38% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $6,523 | 4.75% |
| Washington, NC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 5.88% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $11,862 | 5.25% |
| Somerset, KY (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $8,198 | 4.13% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,805 | 2.88% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,702 | 4.50% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,313 | 4.88% |
| FLINT, MI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,935 | 2.13% |
| Manitowoc, WI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,435 | 3.25% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,345 | 3.38% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,020 | 4.38% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,118 | 3.38% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,297 | 4.25% |
| Pullman, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 5.38% |
| Butte-Silver Bow, MT (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $6,702 | 3.75% |
| WHEELING, WV-OH (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,040 | 3.13% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $1,623 | 2.88% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,965 | 3.75% |
| BANGOR, ME (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,978 | 2.38% |
| MERCED, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,735 | 3.00% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,198 | 5.75% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,776 | 2.75% |
| Scottsboro, AL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,948 | 4.25% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,385 | 5.88% |
| New Castle, IN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,708 | 5.75% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,543 | 3.63% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,838 | 3.00% |
| Shelby, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $830 | 6.00% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,951 | 5.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,000 | 3.00% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,362 | 6.63% |
| Arcadia, FL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $4,578 | 4.50% |
| Alamogordo, NM (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 3.88% |
| Sanford, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,836 | 5.63% |
| Laramie, WY (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,806 | 3.75% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,770 | 3.88% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,527 | 6.38% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,000 | 3.13% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,015 | 4.50% |
| ELMIRA, NY (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $2,722 | 5.19% |
| Seneca Falls, NY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,263 | 7.38% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,000 | 3.00% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,607 | 4.13% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 4.75% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,171 | 6.00% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,562 | 6.00% |
| Lewistown, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,495 | 7.50% |
| Keene, NH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,820 | 4.50% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,765 | 4.75% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,963 | 5.00% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,707 | 3.38% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,435 | 3.75% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.38% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,873 | 4.50% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,817 | 3.25% |
| Bradford, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,967 | 4.00% |
| Tahlequah, OK (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,790 | 3.25% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,358 | 4.25% |
| Sunbury, PA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,877 | 6.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against HOMESTEAD FUNDING CORP. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, Homestead Funding Corp.'s most frequently originated type of loan was Conventional, with 5,591 originations. Their 2nd most popular type was FHA, with 1,164 originations.
Loan Reason
For 2022, Homestead Funding Corp.'s most frequently cited loan purpose was Home Purchase, with 6,126 originations. The 2nd most popular reason was Cash Out Refi, with 508 originations.
Loan Duration/Length
For 2022, Homestead Funding Corp.'s most frequently cited loan duration was 30 Year, with 6,564 originations. The 2nd most popular length was 15 Year, with 358 originations.
Origination Fees/Closing Costs
Homestead Funding Corp.'s average total fees were $5,075, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,777 originations.
Interest Rates
During 2022, Homestead Funding Corp.'s average interest rate for loans was 4.84%, while their most frequently originated rate bucket for loans was 5-6%, with 2,333 originations.
Loan Sizing
2022 saw Homestead Funding Corp. place emphasis on $200k-400k loans with 3,361 originations, totaling $943,465,000 in origination value.
Applicant Income
Homestead Funding Corp. lent most frequently to those with incomes in the $50k-75k range, with 1,731 originations. The second most popular income band? $100k-150k, with 1,684 originations.
Applicant Debt to Income Ratio
Homestead Funding Corp. lent most frequently to those with DTI ratios of 20-30%, with 1,255 originations. The next most common DTI ratio? 30-36%, with 1,245 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.07%
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 origination78.96%
Homestead Funding Corp. has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 7,145 | $1,859,135,000 | $260,201 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 7,145 | $1,859,135,000 | $260,201 |