Capital Mortgage Services Corp. Rates, Fees & InfoSan Juan,
Tax ID: 66-0827037
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCapital Mortgage Services Corp. is a smaller mortgage company specializing in loans. Capital Mortgage Services Corp. 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 markets by origination volume include: San Juan, Aguadilla, Arecibo, San GermÁn, and MayagÜez among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)
Capital Mortgage Services Corp. 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 Mortgage Services Corp. is typically a high 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 relatively high 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.
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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.96%||3/27/23|
|30 Year Conventional Refi||7.12%||3/27/23|
|30 Year Cash-out Refi||6.91%||3/27/23|
|30 Year FHA Purchase||7.68%||3/27/23|
|30 Year FHA Refi||6.39%||3/27/23|
|30 Year VA Purchase||7.09%||3/27/23|
|30 Year USDA Purchase||7.13%||3/27/23|
|15 Year Conventional Purchase||6.29%||3/27/23|
|15 Year Conventional Refi||5.68%||3/27/23|
|15 Year Cash-out Refi||5.68%||3/27/23|
|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.|
Origination Dollar Volume (All Markets)$70,340,000
Capital Mortgage Services Corp.'s average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 1.25%.
Relative Fees (Closing Costs)
Capital Mortgage Services Corp.'s average total fees/closing costs for a 30 year fixed rate
mortgage were $10,758.
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 $4,750.
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|
|SAN JUAN-BAYAMÓN-CAGUAS, PR (FHA|USDA|VA)||275||$58,945,000||$214,345||$10,894||6.03%|
|AGUADILLA-ISABELA, PR (FHA|USDA|VA)||18||$4,290,000||$238,333||$12,311||6.37%|
|Arecibo, PR (FHA|USDA|VA)||14||$2,240,000||$160,000||$8,044||5.66%|
|SAN GERMÁN, PR (FHA|USDA|VA)||14||$2,120,000||$151,429||$7,505||5.88%|
|MAYAGÜEZ, PR (FHA|USDA|VA)||7||$1,295,000||$185,000||$10,654||5.89%|
|Outside of Metro Areas||2||$650,000||$325,000||$6,182||6.88%|
|PONCE, PR (FHA|USDA|VA)||4||$590,000||$147,500||$7,548||6.72%|
|Coamo, PR (FHA|USDA|VA)||1||$125,000||$125,000||$5,623||7.75%|
|GUAYAMA, PR (FHA|USDA|VA)||1||$85,000||$85,000||$5,354||5.88%|
Their top states include:
We use machine learning to identify the top lenders compared against Capital Mortgage Services Corp. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Capital Mortgage Services Corp.'s most frequently originated type of loan was Conventional, with 249 originations. Their 2nd most popular type was FHA, with 57 originations.
For 2022, Capital Mortgage Services Corp.'s most frequently cited loan purpose was Home Purchase, with 313 originations. The 2nd most popular reason was Cash Out Refi, with 15 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Capital Mortgage Services Corp.'s most frequently cited loan duration was 30 Year, with 316 originations. The 2nd most popular length was 15 Year, with 15 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Capital Mortgage Services Corp.'s average total fees were $10,758, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 160 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2022, Capital Mortgage Services Corp.'s average interest rate for loans was 6.01%, while their most frequently originated rate bucket for loans was 5-6%, with 155 originations.
2022 saw Capital Mortgage Services Corp. place emphasis on $100k-200k loans with 149 originations, totaling $21,185,000 in origination value.
Capital Mortgage Services Corp. lent most frequently to those with incomes in the $50k or less range, with 71 originations. The second most popular income band? $100k-150k, with 63 originations.
Applicant Debt to Income Ratio
Capital Mortgage Services Corp. lent most frequently to those with DTI ratios of 20-30%, with 83 originations. The next most common DTI ratio? 30-36%, with 68 originations.
Approval RatesTotal approvals of all applications
Capital Mortgage Services Corp. has an average approval rate.
Pick RateApprovals leading to origination
Capital Mortgage Services Corp. has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|