Capitol Bank Mortgage Rates, Fees & Info

Madison, WI

LEI: 2549006SBIS8ROWE8X84

Tax ID: 39-1826700

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Mortgage Data

Review & Overview

Capitol Bank is a smaller bank specializing in Home Purchase loans. Capitol Bank has a high proportion of conventional loans. Their top markets by origination volume include: Madison, Racine, Milwaukee, Watertown, and Platteville among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

Capitol Bank 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.

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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 5.81% 4/14/24
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.

Capitol Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Capitol Bank. 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

57

Origination Dollar Volume (All Markets)

$31,365,000

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
MADISON, WI (FHA|USDA|VA) 43 $19,295,000 $448,721 $0 0.00%
RACINE, WI (FHA|USDA|VA) 3 $9,025,000 $3,008,333 $0 0.00%
Outside of Metro Areas 4 $1,230,000 $307,500 $0 0.00%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $610,000 $305,000 $0 0.00%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 2 $590,000 $295,000 $0 0.00%
Platteville, WI (FHA|USDA|VA) 1 $315,000 $315,000 $0 0.00%
Beaver Dam, WI (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
Capitol Bank's top markets include Madison, Racine, Milwaukee, Watertown, and Platteville among others.

Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 57 $31,365,000 $550,263 $0 0.00%

    For 2023, Capitol Bank's most frequently originated type of loan was Conventional, with 57 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 40 $23,330,000 $583,250 $0 0.00%
    Other 7 $2,125,000 $303,571 $0 0.00%
    Refi 7 $5,455,000 $779,286 $0 0.00%
    Home Improvement 3 $455,000 $151,667 $0 0.00%

    For 2023, Capitol Bank's most frequently cited loan purpose was Home Purchase, with 40 originations. The 2nd most popular reason was Other, with 7 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 57 $31,365,000 $550,263 $0 0.00%

    For 2023, Capitol Bank's most frequently cited loan duration was Other, with 57 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 26 $7,570,000 $291,154 $0 0.00%
    $400k-600k 13 $6,715,000 $516,538 $0 0.00%
    $100k-200k 10 $1,430,000 $143,000 $0 0.00%
    $1MM+ 4 $14,810,000 $3,702,500 $0 0.00%
    $100,000 or less 3 $185,000 $61,667 $0 0.00%
    $600k-1MM 1 $655,000 $655,000 $0 0.00%

    2023 saw Capitol Bank place emphasis on $200k-400k loans with 26 originations, totaling $7,570,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 20 $6,980,000 $349,000 $0 0.00%
    $250k+ 15 $7,535,000 $502,333 $0 0.00%
    $75k-100k 7 $1,215,000 $173,571 $0 0.00%
    $100k-150k 5 $1,475,000 $295,000 $0 0.00%
    $50k-75k 2 $430,000 $215,000 $0 0.00%
    $50k or less 2 $230,000 $115,000 $0 0.00%

    Capitol Bank lent most frequently to those with incomes in the $150k-250k range, with 20 originations. The second most popular income band? $250k+, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 57 $31,365,000 $550,263 $0 0.00%

    Capitol Bank lent most frequently to those with DTI ratios of Exempt%, with 57 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 48 $16,380,000 $341,250 $0 0.00%
    Not applicable 5 $13,285,000 $2,657,000 $0 0.00%
    Not provided 2 $710,000 $355,000 $0 0.00%
    Black 1 $535,000 $535,000 $0 0.00%
    Asian 1 $455,000 $455,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.67%

    Capitol Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.21%

    Capitol Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 57 $31,365,000 $550,263

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    57 $31,365,000 $550,263