Capgrow Home Mortgage Rates, Fees & Info

Chesterfield, MO

LEI: 254900213F9YWHNVOO69

Tax ID: 20-4515212

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Capgrow Home Mortgage is a smaller mortgage company specializing in Home Purchase loans. Capgrow Home Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top (well, only) market is St. Louis.

    Capgrow Home Mortgage has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. Capgrow Home Mortgage 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.


    Originations

    163

    Origination Dollar Volume (All Markets)

    $40,195,000

    Awards

    CapGrow Home Mortgage 30 Year Conventional Loans bronze CapGrow Home Mortgage 30 Year Conventional Loans silver CapGrow Home Mortgage FHA Loans bronze CapGrow Home Mortgage FHA Loans bronze
    Show all (4) awards

    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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 158 $39,120,000 $247,595 $2,547 4.56%
    Outside of Metro Areas 5 $1,075,000 $215,000 $2,207 4.72%
    Capgrow Home Mortgage's top markets include and St. Louis among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against CapGrow Home Mortgage based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Ozarks Federal Savings and Loan Association
    Similarity Rank: 100
    Community Bank of Trenton
    Similarity Rank: 108
    First National Bank of Waterloo
    Similarity Rank: 200
    RELIANCE BANK
    Similarity Rank: 238
    CapGrow Home Mortgage, LLC
    Similarity Rank: 272
    JERSEY STATE BANK
    Similarity Rank: 354
    Farmers and Merchants Bank of St. Clair
    Similarity Rank: 408
    United Bank of Union
    Similarity Rank: 415
    HNB National Bank
    Similarity Rank: 576
    Bank of Hillsboro
    Similarity Rank: 679

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 145 $37,205,000 $256,586 $2,245 4.56%
    FHA 14 $2,490,000 $177,857 $5,265 4.57%
    USDA 4 $500,000 $125,000 $3,543 4.69%

    For 2018, Capgrow Home Mortgage's most frequently originated type of loan was Conventional, with 145 originations. Their 2nd most popular type was FHA, with 14 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 103 $27,215,000 $264,223 $2,759 4.60%
    Cash Out Refi 34 $7,200,000 $211,765 $2,393 4.56%
    Refi 26 $5,780,000 $222,308 $1,839 4.41%

    For 2018, Capgrow Home Mortgage's most frequently cited loan purpose was Home Purchase, with 103 originations. The 2nd most popular reason was Cash Out Refi, with 34 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 139 $35,265,000 $253,705 $2,643 4.61%
    20 Year 13 $2,565,000 $197,308 $1,747 4.40%
    15 Year 10 $2,290,000 $229,000 $2,138 4.11%
    10 Year 1 $75,000 $75,000 $1,938 3.63%

    For 2018, Capgrow Home Mortgage's most frequently cited loan duration was 30 Year, with 139 originations. The 2nd most popular length was 20 Year, with 13 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 136 $33,070,000 $243,162
    $1k-2k 22 $5,400,000 $245,455
    $2k-3k 4 $1,230,000 $307,500
    $5k+ 1 $495,000 $495,000

    Capgrow Home Mortgage's average total fees were $2,643, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 136 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 128 $32,020,000 $250,156
    3-4% 20 $5,150,000 $257,500
    5-6% 15 $3,025,000 $201,667

    During 2018, Capgrow Home Mortgage's average interest rate for loans was 4.61%, while their most frequently originated rate bucket for loans was 4-5%, with 128 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 66 $9,840,000 $149,091 $2,423 4.57%
    $200k-400k 59 $15,925,000 $269,915 $2,627 4.56%
    $400k-600k 20 $8,930,000 $446,500 $2,844 4.48%
    $100,000 or less 12 $950,000 $79,167 $1,949 4.64%
    $600k-1MM 6 $4,550,000 $758,333 $3,043 4.58%

    2018 saw Capgrow Home Mortgage place emphasis on $100k-200k loans with 66 originations, totaling $9,840,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 46 $7,470,000 $162,391 $2,487 4.59%
    $100k-150k 33 $8,485,000 $257,121 $2,531 4.56%
    $150k-250k 30 $11,270,000 $375,667 $2,618 4.62%
    $75k-100k 26 $5,250,000 $201,923 $2,603 4.41%
    $50k or less 17 $1,825,000 $107,353 $2,315 4.73%
    $250k+ 11 $5,895,000 $535,909 $2,722 4.40%

    Capgrow Home Mortgage lent most frequently to those with incomes in the $50k-75k range, with 46 originations. The second most popular income band? $100k-150k, with 33 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 38 $9,100,000 $239,474 $2,277 4.55%
    30-36% 38 $9,030,000 $237,632 $2,336 4.55%
    42% 9 $2,225,000 $247,222 $2,612 4.76%
    49% 8 $1,670,000 $208,750 $3,353 4.56%
    44% 7 $1,555,000 $222,143 $3,490 4.32%
    47% 7 $1,865,000 $266,429 $2,993 4.38%
    39% 7 $1,845,000 $263,571 $2,445 4.61%
    41% 6 $2,970,000 $495,000 $3,102 4.63%
    36% 6 $1,640,000 $273,333 $3,423 4.65%
    <20% 6 $1,310,000 $218,333 $2,241 4.38%
    46% 6 $1,170,000 $195,000 $1,991 4.67%
    40% 5 $995,000 $199,000 $2,345 4.55%
    37% 5 $1,615,000 $323,000 $2,231 4.78%
    45% 4 $1,020,000 $255,000 $2,369 4.38%
    38% 4 $1,080,000 $270,000 $1,793 4.66%
    43% 4 $650,000 $162,500 $2,539 4.59%
    48% 3 $455,000 $151,667 $3,685 4.79%

    Capgrow Home Mortgage lent most frequently to those with DTI ratios of 20-30%, with 38 originations. The next most common DTI ratio? 30-36%, with 38 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 151 $36,075,000 $238,907 $2,543 4.56%
    Asian 11 $4,035,000 $366,818 $2,337 4.56%
    Black 1 $85,000 $85,000 $3,743 4.50%

    Approval Rates

    Total approvals of all applications
    98.91%

    Capgrow Home Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    92.64%

    Capgrow Home Mortgage has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 163 $40,195,000 $246,595

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 163 $40,195,000 $246,595

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 6 $550,000 $91,667 $1,734 4.27%
    40-60% 18 $3,750,000 $208,333 $2,149 4.39%
    60-80% 68 $19,680,000 $289,412 $2,362 4.58%
    80-100% 70 $16,110,000 $230,143 $2,864 4.61%
    Over 100% 1 $105,000 $105,000 $3,190 4.99%