# HOMESTEAD FUNDING CORP.

> **Canonical URL:** https://saferate.com/lenders/homestead-funding


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


HOMESTEAD FUNDING CORP. is a independent mortgage company, headquartered in ALBANY, NY, serving borrowers nationwide, with 4,697 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 28% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 17% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300T3F9S1MKFKHC53
- **Headquarters:** ALBANY, NY
- **Geographic Reach:** National
- **States Served:** 42
- **State List:** AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MT, NC, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, VA, VT, WA, WI, WY
- **Markets (MSAs):** 32
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 72/100
- Rating: ●●●●○ (4/5)

### Pull Through: Exceptional 🤩
- Score: 83/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** +0.096%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,470
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 4,697
- **Dollar Volume:** $1.4 billion
- **Applications Received:** 5,652
- **Market Share:** 13.00%

## Typical Borrower Profile

- **Average Loan Amount:** $295,145
- **Average Borrower Income:** $132,662
- **Average Property Value:** $362,926

## Safe Rate Awards 🏆

- 💎 **Conventional Diamond Champion** (83%)
- 💎 **FHA Diamond Champion** (83%)
- 💎 **VA Diamond Champion** (83%)
- ⭐ **Jumbo Gold Superstar** (78%)
- ⭐ **Purchase Gold Superstar** (77%)
- ⭐ **Refinance Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 88/100 | 3,704 | +0.055% | $1,522 | Exceptional 🤩 |
| FHA | 84/100 | 719 | +0.489% | $1,252 | Exceptional 🤩 |
| VA | 80/100 | 221 | -0.211% | $1,096 | Exceptional 🤩 |
| Jumbo | 67/100 | 27 | -0.435% | $257 | Strong 😀 |
| USDA | 78/100 | 26 | +0.446% | $297 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 3,529 loans, Score: 88/100 (Exceptional)
- Refinance: 175 loans, Score: 71/100 (Strong)

**FHA:**
- Purchase: 694 loans, Score: 85/100 (Exceptional)
- Refinance: 25 loans, Score: 70/100 (Strong)

**VA:**
- Purchase: 214 loans, Score: 80/100 (Exceptional)

**Jumbo:**
- Purchase: 25 loans, Score: 69/100 (Strong)

**USDA:**
- Purchase: 26 loans, Score: 78/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 88/100 | 4,488 | $1.3B | +0.104% | Exceptional 🤩 |
| Refinance | 71/100 | 209 | $71M | -0.033% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NY | 3,576 | 3.15% | 98/100 |
| CT | 358 | 1.04% | 78/100 |
| PA | 158 | 0.13% | 63/100 |
| MA | 131 | 0.22% | 63/100 |
| NC | 86 | 0.06% | 54/100 |
| FL | 85 | 0.03% | 50/100 |
| WI | 29 | 0.04% | 47/100 |
| TN | 27 | 0.03% | 44/100 |
| TX | 27 | 0.01% | 39/100 |
| SC | 24 | 0.03% | 44/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Albany | NY | 1,321 | 94/100 |
| Non |  | 677 | 73/100 |
| Binghamton, NY | NY | 347 | 100/100 |
| Kiryas Joel | NY | 271 | 90/100 |
| Buffalo | NY | 217 | 76/100 |
| Syracuse, NY | NY | 191 | 77/100 |
| Glens Falls, NY | NY | 169 | 93/100 |
| Norwich | CT | 167 | 97/100 |
| Utica | NY | 147 | 88/100 |
| Kingston, NY | NY | 127 | 90/100 |
| Pittsburgh, PA | PA | 98 | 67/100 |
| Hartford | CT | 88 | 66/100 |
| Watertown | NY | 78 | 84/100 |
| Springfield, MA | MA | 64 | 69/100 |
| New York | NY-NJ | 60 | 56/100 |

## Where This Lender Ranks

HOMESTEAD FUNDING CORP. appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Albany for FHA Loans
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Albany for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥇 **#1** in Albany for USDA Loans
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/usda-loans)
- 🥇 **#1** in Albany for USDA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/mortgage-companies/usda-loans)
- 🥇 **#1** in Connecticut Mortgage Companies
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Connecticut for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥇 **#1** in Binghamton, NY
  - [View Full Rankings](https://saferate.com/binghamton-ny/best-mortgage-lenders)
- 🥇 **#1** in Binghamton, NY Mortgage Companies
  - [View Full Rankings](https://saferate.com/binghamton-ny/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Binghamton, NY for Conventional Loans
  - [View Full Rankings](https://saferate.com/binghamton-ny/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Binghamton, NY for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/binghamton-ny/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥇 **#1** in Binghamton, NY for FHA Loans
  - [View Full Rankings](https://saferate.com/binghamton-ny/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Binghamton, NY for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/binghamton-ny/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🥇 **#1** in Binghamton, NY for VA Loans
  - [View Full Rankings](https://saferate.com/binghamton-ny/best-mortgage-lenders/va-loans)
- 🥇 **#1** in Binghamton, NY for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/binghamton-ny/best-mortgage-lenders/mortgage-companies/va-loans)
- 🥇 **#1** in Kiryas Joel
  - [View Full Rankings](https://saferate.com/kiryas-joel/best-mortgage-lenders)
- 🥇 **#1** in Kiryas Joel Mortgage Companies
  - [View Full Rankings](https://saferate.com/kiryas-joel/best-mortgage-lenders/mortgage-companies)
- 🥇 **#1** in Kiryas Joel for Conventional Loans
  - [View Full Rankings](https://saferate.com/kiryas-joel/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Kiryas Joel for Conventional Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/kiryas-joel/best-mortgage-lenders/mortgage-companies/conventional-loans)
- 🥇 **#1** in Kiryas Joel for FHA Loans
  - [View Full Rankings](https://saferate.com/kiryas-joel/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Kiryas Joel for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/kiryas-joel/best-mortgage-lenders/mortgage-companies/fha-loans)

## Frequently Asked Questions

### What loan types does HOMESTEAD FUNDING CORP. offer?

HOMESTEAD FUNDING CORP. offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does HOMESTEAD FUNDING CORP. offer mortgages?

HOMESTEAD FUNDING CORP. is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are HOMESTEAD FUNDING CORP.'s mortgage rates?

HOMESTEAD FUNDING CORP. has a pricing score of 72/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.096% above market average.

### What type of lender is HOMESTEAD FUNDING CORP.?

HOMESTEAD FUNDING CORP. is a non-depository lender that specializes in mortgage origination, headquartered in ALBANY, NY.

### What is HOMESTEAD FUNDING CORP.'s loan approval success rate?

HOMESTEAD FUNDING CORP. has a pull-through score of 83/100 (Exceptional). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/homestead-funding

### How to Cite

> "HOMESTEAD FUNDING CORP. Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/homestead-funding

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