Lending Capital Group Inc Mortgage Rates, Fees & Info
Feasterville Trevose, PALEI: 2549003GSJF52BBIBW81
Tax ID: 82-2937768
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Lending Capital Group Inc is a smaller mortgage company specializing in Home Purchase loans. Lending Capital Group Inc has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Philadelphia, New York, Miami, Pittsburgh, and Punta Gorda among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)Lending Capital Group Inc has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Lending Capital Group Inc is typically an average 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.72% | 7/7/25 |
| 30 Year Conventional Purchase | 7.21% | 7/7/25 |
| 30 Year Conventional Refi | 7.25% | 7/7/25 |
| 30 Year Cash-out Refi | 7.19% | 7/7/25 |
| 30 Year FHA Purchase | 7.65% | 7/7/25 |
| 30 Year FHA Refi | 6.73% | 7/7/25 |
| 30 Year VA Purchase | 6.72% | 7/7/25 |
| 15 Year Conventional Purchase | 6.28% | 7/7/25 |
| 15 Year Conventional Refi | 5.23% | 7/7/25 |
| 15 Year Cash-out Refi | 5.23% | 7/7/25 |
| 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. | ||
Lending Capital Group Inc Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Lending Capital Group Inc. 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
433Origination Dollar Volume (All Markets)
$147,685,000Awards
LENDING CAPITAL GROUP Inc - 2024
LENDING CAPITAL GROUP Inc is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
Work for LENDING CAPITAL GROUP Inc?
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
Lending Capital Group Inc's average 30 year fixed mortgage rate was
6.95%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.4%.
Relative Fees (Closing Costs)
Lending Capital Group Inc's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,279.
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 |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 350 | $119,770,000 | $342,200 | $8,395 | 6.93% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 20 | $8,070,000 | $403,500 | $9,510 | 6.66% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 11 | $4,165,000 | $378,636 | $7,596 | 7.26% |
| Outside of Metro Areas | 8 | $2,330,000 | $291,250 | $6,878 | 7.12% |
| PITTSBURGH, PA (FHA|USDA|VA) | 8 | $2,000,000 | $250,000 | $6,178 | 6.98% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 5 | $1,825,000 | $365,000 | $5,324 | 6.80% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 4 | $1,440,000 | $360,000 | $8,983 | 7.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 4 | $1,170,000 | $292,500 | $6,550 | 7.00% |
| READING, PA (FHA|USDA|VA) | 4 | $1,100,000 | $275,000 | $9,721 | 6.97% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $6,248 | 7.50% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $7,945 | 7.25% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $4,845 | 7.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $7,045 | 6.75% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $7,187 | 6.88% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $8,531 | 6.63% |
| Key West, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $6,186 | 7.63% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,228 | 7.31% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,665 | 7.13% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,859 | 7.38% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,985 | 6.99% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,383 | 6.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against LENDING CAPITAL GROUP Inc based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 82
Similarity Rank: 84
Similarity Rank: 96
Similarity Rank: 126
Similarity Rank: 154
Similarity Rank: 255
Similarity Rank: 260
Similarity Rank: 270
Similarity Rank: 288
Similarity Rank: 320
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 385 | $131,325,000 | $341,104 | $7,442 | 6.97% |
| FHA | 48 | $16,360,000 | $340,833 | $14,725 | 6.66% |
For 2024, Lending Capital Group Inc's most frequently originated type of loan was Conventional, with 385 originations. Their 2nd most popular type was FHA, with 48 originations.
Loan Reason
For 2024, Lending Capital Group Inc's most frequently cited loan purpose was Home Purchase, with 392 originations. The 2nd most popular reason was Refi, with 40 originations.
Loan Duration/Length
For 2024, Lending Capital Group Inc's most frequently cited loan duration was 30 Year, with 426 originations. The 2nd most popular length was 15 Year, with 6 originations.
Origination Fees/Closing Costs
Lending Capital Group Inc's average total fees were $8,279, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 171 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 238 | $76,910,000 | $323,151 |
| 7-8% | 177 | $62,965,000 | $355,734 |
| 5-6% | 15 | $6,705,000 | $447,000 |
| Over 8% | 2 | $420,000 | $210,000 |
| 4-5% | 1 | $685,000 | $685,000 |
During 2024, Lending Capital Group Inc's average interest rate for loans was 6.95%, while their most frequently originated rate bucket for loans was 6-7%, with 238 originations.
Loan Sizing
2024 saw Lending Capital Group Inc place emphasis on $200k-400k loans with 253 originations, totaling $75,195,000 in origination value.
Applicant Income
Lending Capital Group Inc lent most frequently to those with incomes in the $100k-150k range, with 121 originations. The second most popular income band? $75k-100k, with 105 originations.
Applicant Debt to Income Ratio
Lending Capital Group Inc lent most frequently to those with DTI ratios of 49%, with 60 originations. The next most common DTI ratio? 30-36%, with 59 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.20%
Lending Capital Group Inc has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination77.60%
Lending Capital Group Inc has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 433 | $147,685,000 | $341,074 |