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

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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 Refi loans. Capgrow Home Mortgage has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: St. Louis, Kansas City, and Columbia among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    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.

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    Originations

    437

    Origination Dollar Volume (All Markets)

    $112,985,000

    Awards

    CapGrow Home Mortgage 30 Year Conventional Loans gold CapGrow Home Mortgage 30 Year Conventional Loans gold
    Show all (2) 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) 431 $111,245,000 $258,109 $1,787 3.07%
    Outside of Metro Areas 4 $1,000,000 $250,000 $2,081 3.34%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $515,000 $515,000 $2,919 2.88%
    COLUMBIA, MO (FHA|USDA|VA) 1 $225,000 $225,000 $1,548 3.75%
    Capgrow Home Mortgage's top markets include St. Louis, Kansas City, and Columbia 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.

    HNB National Bank
    Similarity Rank: 165
    United Bank of Union
    Similarity Rank: 245
    CapGrow Home Mortgage, LLC
    Similarity Rank: 352
    Prairie State Bank and Trust
    Similarity Rank: 360
    D.W. BROWN MORTGAGE CORP.
    Similarity Rank: 428
    Ozarks Federal Savings and Loan Association
    Similarity Rank: 770
    ELECTRO SAVINGS CREDIT UNION
    Similarity Rank: 1090
    MISSOURI Credit Union
    Similarity Rank: 1216
    INB
    Similarity Rank: 1241
    ALLTRU Federal Credit Union
    Similarity Rank: 1316

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 429 $111,205,000 $259,219 $1,732 3.07%
    FHA 7 $1,675,000 $239,286 $5,358 3.20%
    USDA 1 $105,000 $105,000 $2,433 3.49%

    For 2020, Capgrow Home Mortgage's most frequently originated type of loan was Conventional, with 429 originations. Their 2nd most popular type was FHA, with 7 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 323 $82,175,000 $254,412 $1,550 3.03%
    Home Purchase 63 $18,205,000 $288,968 $3,001 3.15%
    Cash Out Refi 51 $12,605,000 $247,157 $1,825 3.31%

    For 2020, Capgrow Home Mortgage's most frequently cited loan purpose was Refi, with 323 originations. The 2nd most popular reason was Home Purchase, with 63 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 305 $82,325,000 $269,918 $1,886 3.18%
    15 Year 90 $20,390,000 $226,556 $1,550 2.74%
    Other 22 $5,590,000 $254,091 $1,655 2.88%
    20 Year 19 $4,415,000 $232,368 $1,573 3.23%
    10 Year 1 $265,000 $265,000 $1,792 2.75%

    For 2020, Capgrow Home Mortgage's most frequently cited loan duration was 30 Year, with 305 originations. The 2nd most popular length was 15 Year, with 90 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 374 $97,150,000 $259,759
    $1k-2k 56 $14,010,000 $250,179
    $2k-3k 4 $1,060,000 $265,000

    Capgrow Home Mortgage's average total fees were $1,886, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 374 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 194 $49,060,000 $252,887
    3-4% 194 $51,600,000 $265,979
    <2.5% 44 $11,290,000 $256,591
    4-5% 5 $1,035,000 $207,000

    During 2020, Capgrow Home Mortgage's average interest rate for loans was 3.18%, while their most frequently originated rate bucket for loans was 2.5-3%, with 194 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 258 $71,370,000 $276,628 $1,891 3.09%
    $100k-200k 129 $20,645,000 $160,039 $1,547 3.07%
    $400k-600k 41 $18,755,000 $457,439 $1,963 2.97%
    $100,000 or less 7 $515,000 $73,571 $1,455 3.36%
    $600k-1MM 2 $1,700,000 $850,000 $2,397 3.88%

    2020 saw Capgrow Home Mortgage place emphasis on $200k-400k loans with 258 originations, totaling $71,370,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 164 $43,310,000 $264,085 $1,699 3.02%
    $50k-75k 84 $15,900,000 $189,286 $1,803 3.15%
    $150k-250k 81 $26,385,000 $325,741 $1,777 3.02%
    $75k-100k 74 $18,100,000 $244,595 $1,884 3.14%
    $50k or less 16 $2,490,000 $155,625 $1,862 3.13%
    $250k+ 14 $6,030,000 $430,714 $1,953 3.18%

    Capgrow Home Mortgage lent most frequently to those with incomes in the $100k-150k range, with 164 originations. The second most popular income band? $50k-75k, with 84 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 151 $41,505,000 $274,868 $1,716 3.05%
    30-36% 93 $23,885,000 $256,828 $1,785 3.06%
    <20% 66 $14,040,000 $212,727 $1,524 3.03%
    38% 18 $4,410,000 $245,000 $1,769 3.33%
    37% 17 $4,235,000 $249,118 $1,799 3.04%
    41% 14 $3,390,000 $242,143 $2,438 3.21%
    39% 12 $3,050,000 $254,167 $1,669 2.95%
    43% 10 $2,390,000 $239,000 $1,764 3.26%
    36% 10 $3,300,000 $330,000 $1,781 3.11%
    44% 9 $2,605,000 $289,444 $2,833 3.22%
    40% 7 $1,865,000 $266,429 $1,933 3.34%
    42% 7 $2,365,000 $337,857 $1,770 2.86%
    48% 6 $1,510,000 $251,667 $2,781 3.21%
    49% 4 $1,030,000 $257,500 $2,167 3.28%
    45% 4 $1,310,000 $327,500 $1,897 2.84%
    47% 3 $1,025,000 $341,667 $1,962 3.25%
    46% 2 $300,000 $150,000 $1,300 2.94%

    Capgrow Home Mortgage lent most frequently to those with DTI ratios of 20-30%, with 151 originations. The next most common DTI ratio? 30-36%, with 93 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 382 $95,940,000 $251,152 $1,803 3.11%
    Asian 51 $16,095,000 $315,588 $1,723 2.83%
    Black 3 $715,000 $238,333 $1,601 2.71%
    Native Hawaiian or Islander 1 $235,000 $235,000 $1,398 2.75%

    Approval Rates

    Total approvals of all applications
    100.00%

    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
    96.11%

    Capgrow Home Mortgage has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 437 $112,985,000 $258,547

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 437 $112,985,000 $258,547

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 8 $1,150,000 $143,750 $1,390 2.88%
    40-60% 75 $18,455,000 $246,067 $1,502 2.92%
    60-80% 242 $62,690,000 $259,050 $1,648 3.08%
    80-100% 111 $30,575,000 $275,450 $2,333 3.21%
    Under 20% 1 $115,000 $115,000 $1,287 2.63%