GuardHill Financial Corp Mortgage Interest Rate and Cost Review

Is GuardHill Financial Corp a cheap or expensive mortgage lender? We compare the interest rates and closing costs charged by GuardHill Financial Corp with other lenders for comparable mortgages. Nationally, here is what we find:

Interest Ratesimilar to average (+0.05%)
Loan Related Closing Costslower than average (-$379)
National Rate and Closing Cost Rating(3.5)

On average, GuardHill Financial Corp’s interest rates were similar to those of other lenders (+0.05%) for a comparable set of borrowers. Its average total loan related closing cost was lower than those of other lenders, with a difference of -$379. Overall, combining interest rates and closing costs we estimate that GuardHill Financial Corp tends to be an average cost lender, and give it a National Rate and Closing Costs Rating of 3.5 out of 5.0 stars.

GuardHill Financial Corp’s Rates by Area

Mortgage lenders often set different rates in different geographical markets. In particular, among the markets we track GuardHill Financial Corp was most active in:

  1. New York, NY
  2. Stamford, CT
  3. Yonkers, NY
  4. Jersey City, NJ
  5. Los Angeles, CA

You can click through to check out GuardHill Financial Corp’s mortgage rate competitiveness by area. Or, for our data driven ranking of all the top mortgage lenders by area, click here.

GuardHill Financial Corp’s Rates by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, GuardHill Financial Corp originated Conforming, FHA and Jumbo mortgages for new home purchases and refinances. We breakdown its interest rate and total loan related closing cost difference relative to other lenders for comparable mortgages by type in the table below.

New Purchase MortgagesConformingFHAJumbo
Interest Rate Difference+0.09%-0.02%+0.06%
Loan Related Closing Cost Difference-$702-$280+$31
Cost Adjusted Rate Difference+0.06%-0.03%+0.06%
Star Rating(3.0)(3.5)(3.0)
Refinance MortgagesConformingFHAJumbo
Interest Rate Difference+0.00%-0.00%+0.03%
Loan Related Closing Cost Difference-$54-$10+$210
Cost Adjusted Rate Difference-0.00%-0.00%+0.03%
Star Rating(3.5)(3.5)(3.5)

As a summary, GuardHill Financial Corp is similar to other lenders for FHA purchase mortgages. It is more expensive than other lenders for Conforming and Jumbo purchase mortgages. For refinancing, GuardHill Financial Corp is similar to other lenders for Conforming, FHA and Jumbo mortgage refinance. Nevertheless, individual circumstances can matter, and we always recommend shopping among several lenders in your area before signing.

Other information about GuardHill Financial Corp:

Registered name: Guardhill Financial Corp
Registered city and state: NEW YORK, NY, 10017
Regulator: United States Department of Housing and Urban Development (HUD)

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for GuardHill Financial Corp’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.