Silver Hill Funding Review: 205 Investor Loans in 2025 (HMDA)

Who Silver Hill Funding is, and which name is on what

Searches for “silver hill funding” (about 210 searches a month in our keyword data) mostly bring up the company's own pages and directory listings. The names matter here, because three different ones appear in the public record and they are not the same document.

We found no document that states in so many words that Silver Hill Funding, LLC and Silver Hill Capital, LLC are the same company. The website's own data names Silver Hill Funding LLC as the organization, and both use the Coral Gables address, so we treat them as one business under two names, but that is our reading and you should confirm the exact borrower-facing lender name on any term sheet.

The company says what it sells in two places. The commercial page lists loans from $100,000 to $2,500,000 for purchase, refinance and cash-out, 5-year ARM or 30-year fixed terms, a maximum loan-to-value of 80% and a minimum FICO of 650, with broker compensation of “up to 5 points.” The newer QuickSilver DSCR page lists loans from $125,000 to $2 million, 30-year fixed with interest-only options, a maximum loan-to-value of 80% on purchases and 75% on refinances and cash-outs, a minimum DSCR of 1.00x and a minimum FICO of 680, for 1-4 unit properties only. Those are the company's statements; we did not test them. Its volume claims also disagree with each other: the home page says “$2 billion+” since its 2016 relaunch, while the About page says “$1.5 billion+” in funded loan volume. The footer of the DSCR page adds that its programs “are offered to qualified commercial lending institutions and are not applicable to the general public and/or individual consumers.” In practice that means you reach Silver Hill through a broker or a business account, not as a walk-in consumer, though HMDA reports all 1,227 loans as submitted directly to the lender.

What the HMDA data show, 2023 to 2025

The Home Mortgage Disclosure Act data are the one place where every loan a lender originated appears. We downloaded the loan-level file for Silver Hill's LEI for each of the three years from the FFIEC Data Browser and counted loans with action_taken=1 (originated). HMDA does not flag DSCR loans, so we cannot isolate them; every loan in the file is a business-purpose loan on an investment property, so the whole file is the investor book.

Three cautions apply. First, the 2025 file is the newest year the FFIEC lists as of November 9, 2026; its record count (782) is far below 2024 (1,971), and we do not know whether that reflects a real slowdown, a change in what the company reports, or both, so treat the 57% fall in originations as what the filing shows, not as a statement about the company's health. Second, HMDA reports one note rate per loan and nothing about points, origination fees, broker compensation, or prepayment penalties: the points, total-cost and prepayment-penalty fields are blank on all 1,227 loans, which is how business-purpose loans are reported. Third, the withdrawn share is high every year (42.5%, 56.2% and 56.5% of all records) and HMDA does not say why; it can include applications sent to several lenders at once.

Worked example (our arithmetic): a $375,000 loan, the 2025 median, on a 30-year fully amortizing schedule costs about $2,850 a month in principal and interest at the median rate of 8.375%, about $2,590 at 7.375% (10th percentile) and about $3,243 at 9.825% (90th percentile). The gap between the cheapest and the dearest tenth of 2025 borrowers is about $652 a month, or about $7,830 a year, before taxes, insurance and any points.

The book changed from small rentals to multifamily

This is the most useful finding for a reader comparing lenders. The company's DSCR program is for 1-4 unit properties, and in 2023 nine in ten of its loans were of that type. In 2025 the number of 1-4 unit loans fell to 112 while loans on 5 or more units rose to 93, and two-thirds of the dollars went to the larger buildings. If you own a single-family rental or a duplex, the lender's recent activity is now thinner in your segment than the 2023 file suggests, and the loan count that supports its public volume claims no longer describes the typical borrower.

The loan-purpose field is not stable enough to read as a trend. Home purchase appears only in 2024 (175 loans); in 2023 and 2025 the file shows no purchase loans and instead 181 and 69 loans coded “other purpose.” Cash-out refinances are the largest coded group each year (255, 239 and 97 loans) and ordinary refinances are 106, 66 and 39. A 5-year ARM-type introductory rate period (60 months) appears on 81 loans in 2023 and 155 in 2024 and on none in 2025, and 2025 has no interest-only loans, against 4 in 2023 and 3 in 2024. Terms are mostly 360 months (187 of 205 in 2025), with the rest at 300 months (17) or 180 months (1).

Where the loans are

In 2024 the five largest states (Florida, New Jersey, New York, Pennsylvania and Texas) held 48.8% of loans, and Florida, where the company is based, was first with 63 loans. In 2025 the top five held 56.6% and the center of gravity moved north: New York, Pennsylvania, New Jersey and Illinois lead, and Florida fell to fifth with 17 loans. The company lent in 34 states in 2024 and 24 in 2025. If your property is in a state not in the table, it may still be eligible; the point is that recent volume is concentrated in the Northeast and Illinois, so a borrower elsewhere should ask how many loans the lender has recently closed there.

Applications and denials

In 2025 Silver Hill originated 205 loans, denied 135 applications and saw 442 withdrawn, and approved none that the applicant then declined (the “approved but not accepted” count is zero in all three years). The denied share of decided files (denied divided by originated plus denied) was 39.7%, 44.4% and 39.7% in 2023, 2024 and 2025. The first reason listed for denial was collateral in 210 of 357 denials in 2023 (58.8%), 244 of 384 in 2024 (63.5%) and 103 of 135 in 2025 (76.3%); “other” and credit history account for most of the rest.

A denial rate near 40% looks high, but lenders pre-screen differently, and a wholesale lender whose brokers send in many unfinished files will show more denials and withdrawals than one that quotes from a rate sheet. Read the collateral figure as the practical one. The lender denies mostly because of the property (value, condition, type or location), not because of the borrower's credit, which matches the company's own limits on rural properties and “no rehab or deferred maintenance” for DSCR loans.

Who ends up holding the loans

In every year, every originated loan is reported as sold to a private securitizer (purchaser type 5 in the HMDA data dictionary). That means Silver Hill, as reported, does not keep its loans on its books beyond the calendar year; investors in a securitization own them and a servicer collects your payments. Our full-text search of SEC EDGAR from 2001 to November 9, 2026 returns no filing that contains “Silver Hill Funding,” so the securitizations it feeds are either privately placed or do not name it in documents we can search. We therefore cannot show you a pool, a rating report or loan-level performance for these loans. Compare this with Center Street Lending, whose depositor files ABS-15G reports on EDGAR.

Practically, ask who will service the loan after closing and whether your loan documents allow the note to be sold. The company's licence list includes servicing and collection-agency licences, and its website has a separate servicing number, which suggests it services at least some loans in-house, but the HMDA data cannot say who services yours.

What the public record does not show

• No SEC filings: no Form D, ABS-15G or other filing names the company.
• No CFPB complaints: a company-name search of the CFPB consumer complaint database returned 0 results on November 9, 2026 (index updated that day). The database covers consumer complaints, and business-purpose borrowers rarely file there, so zero is weak evidence either way.
• No prices: no rate sheet, points schedule, prepayment penalty or broker-fee data exist outside HMDA's note rate; the company says broker compensation can reach 5 points.
• No third-party review data we could read: we could not retrieve the Better Business Bureau page or loan-review sites, so we have no verified count of borrower complaints beyond the CFPB record, and we do not use unverified star ratings.
• Licence status: the company publishes a licence list for Silver Hill Capital, LLC; we did not check each state regulator's own register, so verify yours at NMLS Consumer Access (ID 2469) before you sign.

What a reader can do with this

1. Get the lender's legal name in writing. Ask whether the loan is made by Silver Hill Funding, LLC or Silver Hill Capital, LLC, and which one is licensed in your state.
2. Ask for the prepayment terms and all fees before you pay for an appraisal. HMDA cannot show them for either name. The DSCR page advertises “free property appraisals” and “30-day closings” as company claims.
3. Match your property to its recent book. Ask how many loans it has closed in the last 12 months on your property type and in your state; the 2025 file shows 112 loans on 1-4 units across 24 states.
4. Price it against others. The 2025 median rate of 8.375% on the investor book is useful only against the same product elsewhere; see how other lenders' HMDA numbers compare in our DSCR lender ranking, American Financial Network's DSCR review and DSCR loan rates, and use our checklist is this DSCR lender legit?.
5. Get a second written quote the same day.

Kiavi pays us a referral fee through its PartnerStack program when a borrower we send closes a loan, and its button above is marked as an affiliate link; we have no such relationship with Silver Hill Funding. For other lenders see our reviews of Kiavi, Visio Lending and Lima One Capital.

FAQ

Sources, all read November 9, 2026: FFIEC HMDA Data Browser loan-level files for LEI 549300038578ZJ284Y20 for 2023, 2024 and 2025 and the FFIEC filers lists for the same years; the FFIEC HMDA loan-level data dictionary; the GLEIF LEI record; the website of Silver Hill Capital (home, commercial loans, DSCR program, About pages) and its licence list effective October 2, 2026; the CFPB consumer complaint database; and SEC EDGAR full-text search. This is analysis of public documents, not investment, legal or tax advice.