Capital Center Mortgage Rates, Fees & Info
GLEN ALLEN, VALEI: 213800KVD76WKI6PN868
Tax ID: 54-1862878
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Capital Center is a smaller mortgage company specializing in Home Purchase and Refi loans. Capital Center has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Richmond, Virginia Beach, Washington, Raleigh, and Charlotte among others. We have data for 64 markets. (Some data included below & more in-depth data is available with an active subscription.)Capital Center has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Capital Center is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.00% | 4/5/25 |
| 30 Year Conventional Refi | 6.77% | 4/5/25 |
| 30 Year Cash-out Refi | 7.05% | 4/5/25 |
| 30 Year FHA Purchase | 6.94% | 4/5/25 |
| 30 Year FHA Refi | 6.67% | 4/5/25 |
| 30 Year VA Purchase | 6.26% | 4/5/25 |
| 30 Year VA Refi | 6.04% | 4/5/25 |
| 15 Year Conventional Purchase | 6.09% | 4/5/25 |
| 15 Year Conventional Refi | 5.90% | 4/5/25 |
| 15 Year Cash-out Refi | 5.90% | 4/5/25 |
| 15 Year VA Purchase | 6.62% | 4/5/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Capital Center Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Capital Center. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,297Origination Dollar Volume (All Markets)
$457,165,000Awards
CAPITAL CENTER - 2024
CAPITAL CENTER is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
Work for CAPITAL CENTER?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Capital Center's average 30 year fixed mortgage rate was
6.66%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.11%.
Relative Fees (Closing Costs)
Capital Center's average total fees/closing costs for a 30 year fixed rate
mortgage were $2,217.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| RICHMOND, VA (FHA|USDA|VA) | 674 | $239,130,000 | $354,792 | $1,909 | 6.56% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 160 | $57,530,000 | $359,563 | $2,452 | 6.64% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 60 | $26,270,000 | $437,833 | $2,494 | 6.50% |
| Outside of Metro Areas | 76 | $23,630,000 | $310,921 | $2,222 | 6.90% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 46 | $14,580,000 | $316,957 | $1,594 | 6.48% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 37 | $13,475,000 | $364,189 | $2,002 | 6.49% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 34 | $12,900,000 | $379,412 | $2,374 | 6.61% |
| LYNCHBURG, VA (FHA|USDA|VA) | 13 | $4,155,000 | $319,615 | $4,218 | 6.98% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 9 | $4,005,000 | $445,000 | $608 | 6.79% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 11 | $3,895,000 | $354,091 | $2,419 | 6.47% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 11 | $3,485,000 | $316,818 | $3,288 | 6.57% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 14 | $3,440,000 | $245,714 | $1,771 | 7.02% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 9 | $3,355,000 | $372,778 | $3,292 | 7.15% |
| ROANOKE, VA (FHA|USDA|VA) | 10 | $3,260,000 | $326,000 | $1,094 | 6.95% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 7 | $3,115,000 | $445,000 | $1,779 | 6.55% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 9 | $3,005,000 | $333,889 | $3,075 | 6.65% |
| WILMINGTON, NC (FHA|USDA|VA) | 8 | $2,720,000 | $340,000 | $2,474 | 6.75% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 8 | $2,710,000 | $338,750 | $1,093 | 6.64% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 7 | $2,575,000 | $367,857 | $3,626 | 6.61% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 4 | $2,130,000 | $532,500 | $0 | 6.44% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 6 | $1,820,000 | $303,333 | $4,631 | 6.46% |
| BURLINGTON, NC (FHA|USDA|VA) | 7 | $1,805,000 | $257,857 | $3,092 | 6.70% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $1,695,000 | $565,000 | $6,703 | 6.96% |
| HARRISONBURG, VA (FHA|USDA|VA) | 4 | $1,600,000 | $400,000 | $5,699 | 7.19% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 5 | $1,545,000 | $309,000 | $2,383 | 6.53% |
| Elizabeth City, NC (FHA|USDA|VA) | 3 | $1,205,000 | $401,667 | $7,447 | 5.79% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,120,000 | $560,000 | $14,470 | 5.56% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $6,582 | 6.29% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $0 | 6.31% |
| SPARTANBURG, SC (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $2,304 | 6.84% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $6,469 | 7.44% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $0 | 6.88% |
| Danville, VA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $3,715 | 6.88% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $0 | 6.44% |
| Wilson, NC (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $2,070 | 6.31% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $17 | 6.58% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 6.38% |
| OCALA, FL (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $2,770 | 6.81% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $5,938 | 7.44% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 6.63% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $3,390 | 6.63% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 6.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $956 | 7.25% |
| Key West, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $1,080 | 6.63% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 6.50% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $960 | 7.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $497 | 7.44% |
| STAUNTON, VA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $623 | 6.44% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 6.69% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,410 | 6.63% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $10,518 | 5.88% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $600 | 6.25% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,955 | 6.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,687 | 6.88% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $2,355 | 7.00% |
| North Wilkesboro, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,438 | 7.00% |
| Martinsville, VA (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $125 | 7.06% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,071 | 7.13% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,560 | 6.88% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,440 | 6.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 7.50% |
| Seneca, SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $228 | 6.88% |
| Cambridge, MD (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,776 | 6.88% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,114 | 6.88% |
Similar Lenders
We use machine learning to identify the top lenders compared against CAPITAL CENTER based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 50
Similarity Rank: 51
Similarity Rank: 96
Similarity Rank: 121
Similarity Rank: 144
Similarity Rank: 168
Similarity Rank: 249
Similarity Rank: 280
Similarity Rank: 320
Similarity Rank: 355
Product Mix
For 2024, Capital Center's most frequently originated type of loan was Conventional, with 1,083 originations. Their 2nd most popular type was FHA, with 132 originations.
Loan Reason
For 2024, Capital Center's most frequently cited loan purpose was Home Purchase, with 816 originations. The 2nd most popular reason was Refi, with 301 originations.
Loan Duration/Length
For 2024, Capital Center's most frequently cited loan duration was 30 Year, with 1,197 originations. The 2nd most popular length was 15 Year, with 61 originations.
Origination Fees/Closing Costs
Capital Center's average total fees were $2,217, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 902 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 714 | $254,380,000 | $356,275 |
| 7-8% | 288 | $90,950,000 | $315,799 |
| 5-6% | 261 | $101,955,000 | $390,632 |
| Over 8% | 26 | $6,180,000 | $237,692 |
| 4-5% | 8 | $3,700,000 | $462,500 |
During 2024, Capital Center's average interest rate for loans was 6.66%, while their most frequently originated rate bucket for loans was 6-7%, with 714 originations.
Loan Sizing
2024 saw Capital Center place emphasis on $200k-400k loans with 668 originations, totaling $199,420,000 in origination value.
Applicant Income
Capital Center lent most frequently to those with incomes in the $150k-250k range, with 358 originations. The second most popular income band? $100k-150k, with 356 originations.
Applicant Debt to Income Ratio
Capital Center lent most frequently to those with DTI ratios of 20-30%, with 239 originations. The next most common DTI ratio? 30-36%, with 221 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.48%
Capital Center has an average approval rate.
Pick Rate
Approvals leading to origination58.52%
Capital Center has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,297 | $457,165,000 | $352,479 |