Home Savings & Trust Mortgage Interest Rate and Cost Review

Is Home Savings & Trust Mortgage a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by Home Savings & Trust Mortgage to those of other lenders for a comparable set of borrowers. Here is our review of Home Savings & Trust Mortgage nationally:

Review ItemHome Savings & Trust Mortgage
Interest Ratesimilar to other lenders (-0.09%)
Loan Related Closing Costssimilar to other lenders (-$171)
National Rate and Closing Cost Star Rating(4)

On average, Home Savings & Trust Mortgage’s interest rates were similar to those of other lenders (-0.09%). Its loan related closing costs were also similar to those of other lenders, with a difference of -$171. Overall, combining interest rates and closing costs we estimate that Home Savings & Trust Mortgage tends to be an average cost lender, and give it a National Rate and Closing Costs Rating of 4 out of 5 stars.

We maintain our independence by not accepting any money from the mortgage lenders we review. To visit Home Savings & Trust Mortgage, check out its website at: https://hstmortgage.com.

Home Savings & Trust Mortgage’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. For our list of the top mortgage lenders by city, click here. In particular, among the cities we track Home Savings & Trust Mortgage was most active in:

  1. Washington, DC
  2. Stafford Courthouse, VA
  3. Front Royal, VA
  4. Culpeper, VA
  5. Richmond, VA

Home Savings & Trust Mortgage’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Home Savings & Trust Mortgage originated Conforming, FHA and VA mortgages for new home purchases and refinances. Its average interest rate and total loan related closing cost difference relative to other lenders by mortgages type is as follows.

New Purchase MortgagesConformingFHAVA
Interest Rate Difference-0.09%-0.26%-0.01%
Loan Related Closing Cost Difference+$86-$263+$536
Cost Adjusted Rate Difference-0.09%-0.27%+0.01%
National Star Rating(4)(5)(3.5)
Refinance MortgagesConformingFHAVA
Interest Rate Difference-0.13%-0.02%-0.03%
Loan Related Closing Cost Difference-$1094-$98-$1081
Cost Adjusted Rate Difference-0.18%-0.02%-0.07%
Average Star Rating(4.5)(3.5)(4)

As a summary, Home Savings & Trust Mortgage is cheap for Conforming and FHA purchase mortgages. It is similar to other lenders for VA purchase mortgages. For refinancing, Home Savings & Trust Mortgage is cheap for Conforming and VA mortgage refinance. It is similar to other lenders for FHA mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about Home Savings & Trust Mortgage:

Registered name: Home Savings & Trust Mortgage
Registered city and state: Fairfax, VA, 22030
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 Home Savings & Trust Mortgage’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.