# OWNERSCHOICE FUNDING, INCORPORATED

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


> **📋 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


OWNERSCHOICE FUNDING, INCORPORATED is a independent mortgage company, headquartered in ALBANY, NY, serving borrowers across 3 states, with 93 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 35% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 76% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300W5V403XF1RX254
- **Headquarters:** ALBANY, NY
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** NJ, NY, PA
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pull Through: Acceptable 🙂
- Score: 24/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.294%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,531
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 93
- **Dollar Volume:** $16 million
- **Applications Received:** 192
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $173,925
- **Average Borrower Income:** $97,656
- **Average Property Value:** $246,935

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 34/100 | 93 | +0.294% | $1,531 | Acceptable 🙂 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 71 loans, Score: 32/100 (Acceptable)
- Refinance: 22 loans, Score: 33/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 33/100 | 71 | $13M | +0.232% | Acceptable 🙂 |
| Refinance | 30/100 | 22 | $3M | +0.494% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NY | 78 | 0.07% | 66/100 |
| PA | 14 | 0.01% | 46/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 34 | 45/100 |
| Buffalo | NY | 30 | 60/100 |

## Frequently Asked Questions

### What loan types does OWNERSCHOICE FUNDING, INCORPORATED offer?

OWNERSCHOICE FUNDING, INCORPORATED offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does OWNERSCHOICE FUNDING, INCORPORATED offer mortgages?

OWNERSCHOICE FUNDING, INCORPORATED offers mortgages in 3 states: NJ, NY, PA.

### How competitive are OWNERSCHOICE FUNDING, INCORPORATED's mortgage rates?

OWNERSCHOICE FUNDING, INCORPORATED has a pricing score of 65/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.294% above market average.

### What type of lender is OWNERSCHOICE FUNDING, INCORPORATED?

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

### What is OWNERSCHOICE FUNDING, INCORPORATED's loan approval success rate?

OWNERSCHOICE FUNDING, INCORPORATED has a pull-through score of 24/100 (Acceptable). 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/ownerschoice-funding-incorporated

### How to Cite

> "OWNERSCHOICE FUNDING, INCORPORATED Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/ownerschoice-funding-incorporated

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