Capital Mortgage Services Corp. Rates, Fees & Info

San Juan,

LEI: 254900SI9TPITPEZ5332

Tax ID: 66-0827037

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Capital Mortgage Services Corp. is a smaller mortgage company specializing in Home Purchase loans. Capital Mortgage Services Corp. has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: San Juan, San GermÁn, Aguadilla, Arecibo, and MayagÜez among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Capital Mortgage Services Corp. 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. 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 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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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.96% 12/3/24
    30 Year Conventional Refi 7.12% 12/3/24
    30 Year Cash-out Refi 6.91% 12/3/24
    30 Year FHA Purchase 7.68% 12/3/24
    30 Year FHA Refi 6.39% 12/3/24
    30 Year VA Purchase 7.09% 12/3/24
    30 Year USDA Purchase 7.13% 12/3/24
    15 Year Conventional Purchase 6.29% 12/3/24
    15 Year Conventional Refi 5.68% 12/3/24
    15 Year Cash-out Refi 5.68% 12/3/24
    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.

    Capital Mortgage Services Corp. Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Capital Mortgage Services Corp.. 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

    467

    Origination Dollar Volume (All Markets)

    $94,395,000

    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
    SAN JUAN-BAYAMÓN-CAGUAS, PR (FHA|USDA|VA) 364 $77,600,000 $213,187 $10,159 4.40%
    SAN GERMÁN, PR (FHA|USDA|VA) 36 $5,080,000 $141,111 $6,796 4.33%
    AGUADILLA-ISABELA, PR (FHA|USDA|VA) 21 $4,345,000 $206,905 $8,027 4.43%
    Arecibo, PR (FHA|USDA|VA) 24 $3,380,000 $140,833 $7,210 3.84%
    MAYAGÜEZ, PR (FHA|USDA|VA) 15 $3,215,000 $214,333 $9,408 4.35%
    PONCE, PR (FHA|USDA|VA) 4 $490,000 $122,500 $4,322 3.81%
    YAUCO, PR (FHA|USDA|VA) 2 $190,000 $95,000 $6,079 4.75%
    Coamo, PR (FHA|USDA|VA) 1 $95,000 $95,000 $6,750 3.00%
    Capital Mortgage Services Corp.'s top markets include San Juan, San GermÁn, Aguadilla, Arecibo, and MayagÜez among others.

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

    • Similar Lenders

    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.

    Cooperativa de Ahorro y Credito Jesus Obrero
    Similarity Rank: 25
    COOPERATIVA DE AHORRO Y CREDITO LAS PIEDRAS
    Similarity Rank: 27
    COOPERATIVA DE AHORRO Y CREDITO DE CABO ROJO
    Similarity Rank: 50
    COOPERATIVA DE CREDITO LA SAGRADA FAMILIA
    Similarity Rank: 56
    Cooperativa de Ahorro y Credito de Rincon
    Similarity Rank: 63
    COOPERATIVA DE AHORRO Y CREDITO DR. MANUEL ZENO GANDIA
    Similarity Rank: 72
    COOPERATIVA DE AHORRO Y CREDITO ROOSEVELT ROADS
    Similarity Rank: 96
    Cooperativa De Credito Y Ahorro San Jose
    Similarity Rank: 150
    CARIBE FEDERAL CREDIT UNION
    Similarity Rank: 168
    COOPERATIVA DE AHORRO Y CREDITO VEGA ALTA
    Similarity Rank: 176

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 246 $58,550,000 $238,008 $10,033 5.07%
    FHA 123 $22,565,000 $183,455 $10,520 3.56%
    USDA 83 $9,995,000 $120,422 $6,722 3.57%
    VA 15 $3,285,000 $219,000 $9,783 3.68%

    For 2021, Capital Mortgage Services Corp.'s most frequently originated type of loan was Conventional, with 246 originations. Their 2nd most popular type was FHA, with 123 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 418 $82,710,000 $197,871 $9,440 4.37%
    Refi 30 $7,760,000 $258,667 $11,097 4.17%
    Cash Out Refi 18 $3,710,000 $206,111 $9,247 4.60%
    Other 1 $215,000 $215,000 $16,397 3.75%

    For 2021, Capital Mortgage Services Corp.'s most frequently cited loan purpose was Home Purchase, with 418 originations. The 2nd most popular reason was Refi, with 30 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 415 $80,235,000 $193,337 $9,366 4.36%
    15 Year 39 $10,795,000 $276,795 $11,409 4.39%
    20 Year 10 $2,870,000 $287,000 $11,434 4.38%
    Other 3 $495,000 $165,000 $5,189 4.54%

    For 2021, Capital Mortgage Services Corp.'s most frequently cited loan duration was 30 Year, with 415 originations. The 2nd most popular length was 15 Year, with 39 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 161 $56,635,000 $351,770
    $3k-4k 103 $11,925,000 $115,777
    $2k-3k 67 $6,265,000 $93,507
    $4k-5k 64 $9,620,000 $150,313
    $1k-2k 26 $2,210,000 $85,000
    $<1k 10 $1,160,000 $116,000

    Capital Mortgage Services Corp.'s average total fees were $9,366, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 161 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 220 $38,620,000 $175,545
    5-6% 101 $25,125,000 $248,762
    4-5% 66 $15,380,000 $233,030
    2.5-3% 52 $10,930,000 $210,192
    6-7% 24 $4,030,000 $167,917
    7-8% 4 $310,000 $77,500

    During 2021, Capital Mortgage Services Corp.'s average interest rate for loans was 4.36%, while their most frequently originated rate bucket for loans was 3-4%, with 220 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 202 $27,830,000 $137,772 $7,333 4.18%
    $200k-400k 113 $32,205,000 $285,000 $13,372 4.36%
    $100,000 or less 109 $8,465,000 $77,661 $4,880 4.56%
    $400k-600k 28 $13,630,000 $486,786 $18,904 4.33%
    $600k-1MM 13 $9,865,000 $758,846 $26,309 5.44%
    $1MM+ 2 $2,400,000 $1,200,000 $37,777 5.44%

    2021 saw Capital Mortgage Services Corp. place emphasis on $100k-200k loans with 202 originations, totaling $27,830,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 227 $32,855,000 $144,736 $7,754 4.04%
    $50k-75k 73 $10,695,000 $146,507 $7,547 4.35%
    $150k-250k 49 $14,165,000 $289,082 $11,783 5.13%
    $100k-150k 43 $10,355,000 $240,814 $11,658 4.63%
    $250k+ 43 $20,025,000 $465,698 $17,647 4.92%
    $75k-100k 32 $6,300,000 $196,875 $10,271 4.38%

    Capital Mortgage Services Corp. lent most frequently to those with incomes in the $50k or less range, with 227 originations. The second most popular income band? $50k-75k, with 73 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 95 $20,825,000 $219,211 $10,026 4.51%
    >60% 85 $16,735,000 $196,882 $10,166 4.03%
    30-36% 69 $12,915,000 $187,174 $9,044 4.45%
    <20% 31 $8,185,000 $264,032 $9,739 4.46%
    43% 17 $3,385,000 $199,118 $8,519 4.90%
    36% 17 $3,425,000 $201,471 $9,850 4.83%
    39% 17 $2,615,000 $153,824 $7,942 4.45%
    40% 17 $4,785,000 $281,471 $11,101 4.61%
    44% 16 $3,390,000 $211,875 $9,834 4.16%
    41% 14 $2,680,000 $191,429 $8,705 4.75%
    45% 14 $2,950,000 $210,714 $10,221 4.21%
    50-60% 13 $2,085,000 $160,385 $11,290 3.63%
    37% 13 $2,085,000 $160,385 $8,453 4.24%
    38% 13 $1,905,000 $146,538 $7,054 4.25%
    42% 10 $1,890,000 $189,000 $9,514 5.00%
    49% 9 $1,625,000 $180,556 $7,481 3.79%
    46% 8 $1,780,000 $222,500 $9,774 3.95%
    48% 5 $705,000 $141,000 $8,080 4.15%
    47% 4 $430,000 $107,500 $6,774 3.94%

    Capital Mortgage Services Corp. lent most frequently to those with DTI ratios of 20-30%, with 95 originations. The next most common DTI ratio? >60%, with 85 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 440 $87,360,000 $198,545 $9,505 4.35%
    Black 21 $5,175,000 $246,429 $10,191 4.42%
    American Indian 1 $1,205,000 $1,205,000 $31,865 5.00%
    Asian 5 $655,000 $131,000 $6,357 5.33%

    Approval Rates

    Total approvals of all applications
    91.60%

    Capital Mortgage Services Corp. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.52%

    Capital Mortgage Services Corp. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 467 $94,395,000 $202,131

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    467 $94,395,000 $202,131

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2 $190,000 $95,000 $6,037 3.94%
    40-60% 15 $2,375,000 $158,333 $7,943 4.83%
    60-80% 97 $22,765,000 $234,691 $9,973 5.02%
    80-100% 309 $61,905,000 $200,340 $9,339 4.24%
    Over 100% 44 $7,160,000 $162,727 $10,839 3.61%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    CAPITAL ONE FINANCIAL CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%