Hartford Funding Ltd. Mortgage Rates, Fees & Info
ALBANY, NYLEI: 549300VGMMXKSX821O69
Tax ID: 11-2637419
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Hartford Funding Ltd. is a smaller mortgage company specializing in Refi and Home Purchase loans. Hartford Funding Ltd. has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: New York, Detroit, Miami, Washington, and Orlando among others. We have data for 34 markets. (Some data included below & more in-depth data is available with an active subscription.)Hartford Funding Ltd. 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. Hartford Funding Ltd. is typically a high 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.
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 |
|---|---|---|
| 30 Year Conventional Purchase | 7.00% | 4/14/24 |
| 30 Year Conventional Refi | 6.67% | 4/14/24 |
| 30 Year Cash-out Refi | 7.12% | 4/14/24 |
| 30 Year FHA Purchase | 7.37% | 4/14/24 |
| 30 Year FHA Refi | 6.96% | 4/14/24 |
| 30 Year VA Purchase | 6.52% | 4/14/24 |
| 15 Year Conventional Purchase | 6.08% | 4/14/24 |
| 15 Year Conventional Refi | 6.69% | 4/14/24 |
| 15 Year Cash-out Refi | 6.69% | 4/14/24 |
| 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. | ||
Hartford Funding Ltd. Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Hartford Funding Ltd.. 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
375Origination Dollar Volume (All Markets)
$141,675,000Awards
HARTFORD FUNDING LTD. - 2020
HARTFORD FUNDING LTD. is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for HARTFORD FUNDING LTD.?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 294 | $118,740,000 | $403,878 | $10,016 | 3.14% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 22 | $5,650,000 | $256,818 | $3,093 | 2.81% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $1,810,000 | $301,667 | $6,492 | 3.47% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 4 | $1,370,000 | $342,500 | $6,530 | 2.72% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $1,140,000 | $285,000 | $6,765 | 3.59% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 4 | $1,120,000 | $280,000 | $4,697 | 3.06% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $5,291 | 2.79% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $910,000 | $455,000 | $12,973 | 2.94% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $9,026 | 2.94% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $5,104 | 4.47% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $9,897 | 3.00% |
| Outside of Metro Areas | 3 | $645,000 | $215,000 | $7,756 | 2.96% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $8,263 | 3.13% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $0 | 3.73% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $13,400 | 2.75% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $5,290 | 3.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $3,958 | 3.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $15,287 | 3.79% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $9,924 | 3.12% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $18,681 | 2.88% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,298 | 2.63% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $9,523 | 2.88% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 3.16% |
| New Castle, PA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $14,861 | 2.75% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,838 | 2.00% |
| Adrian, MI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,733 | 2.75% |
| READING, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,471 | 2.88% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,582 | 2.50% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,271 | 2.75% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,751 | 2.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,909 | 3.38% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,558 | 3.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,722 | 3.25% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,251 | 2.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against HARTFORD FUNDING LTD. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 134
Similarity Rank: 247
Similarity Rank: 287
Similarity Rank: 387
Similarity Rank: 408
Similarity Rank: 434
Similarity Rank: 472
Similarity Rank: 482
Similarity Rank: 538
Similarity Rank: 660
Product Mix
For 2020, Hartford Funding Ltd.'s most frequently originated type of loan was Conventional, with 265 originations. Their 2nd most popular type was FHA, with 94 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 238 | $87,330,000 | $366,933 | $8,064 | 3.13% |
| Home Purchase | 137 | $54,345,000 | $396,679 | $11,210 | 3.10% |
For 2020, Hartford Funding Ltd.'s most frequently cited loan purpose was Refi, with 238 originations. The 2nd most popular reason was Home Purchase, with 137 originations.
Loan Duration/Length
For 2020, Hartford Funding Ltd.'s most frequently cited loan duration was 30 Year, with 299 originations. The 2nd most popular length was Other, with 36 originations.
Origination Fees/Closing Costs
Hartford Funding Ltd.'s average total fees were $9,757, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 161 originations.
Interest Rates
During 2020, Hartford Funding Ltd.'s average interest rate for loans was 3.12%, while their most frequently originated rate bucket for loans was 2.5-3%, with 192 originations.
Loan Sizing
2020 saw Hartford Funding Ltd. place emphasis on $200k-400k loans with 194 originations, totaling $60,370,000 in origination value.
Applicant Income
Hartford Funding Ltd. lent most frequently to those with incomes in the $100k-150k range, with 122 originations. The second most popular income band? $150k-250k, with 78 originations.
Applicant Debt to Income Ratio
Hartford Funding Ltd. lent most frequently to those with DTI ratios of 30-36%, with 61 originations. The next most common DTI ratio? 20-30%, with 60 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.86%
Hartford Funding Ltd. has an average approval rate.
Pick Rate
Approvals leading to origination58.13%
Hartford Funding Ltd. 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 | 375 | $141,675,000 | $377,800 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 375 | $141,675,000 | $377,800 |