General Mortgage Capital Corporation Rates, Fees & Info

Burlingame, CA

LEI: 254900VELJPWWT51WN03

Tax ID: 47-0953861

4.7 stars - Updated: 7/20/24 - out of 5 stars, based on 40 reviews

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

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Mortgage Data

Review & Overview

General Mortgage Capital Corporation is a smaller mortgage company specializing in Home Purchase loans. General Mortgage Capital Corporation has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Los Angeles, San Jose, Riverside, and Dallas among others. We have data for 126 markets. (Some data included below & more in-depth data is available with an active subscription.)

General Mortgage Capital Corporation 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. General Mortgage Capital Corporation 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.

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
30 Year Conventional Purchase 6.28% 7/20/24
30 Year Conventional Refi 6.25% 7/20/24
15 Year Conventional Purchase 5.60% 7/20/24
15 Year Conventional Refi 5.83% 7/20/24
15 Year Cash-out Refi 5.83% 7/20/24
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.

General Mortgage Capital Corporation Mortgage Calculator






Your Estimates

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

This is not an official calculator from General Mortgage Capital Corporation. 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

1,612

Origination Dollar Volume (All Markets)

$788,100,000
Show all (8) awards

Relative Rate

General Mortgage Capital Corporation's average 30 year fixed mortgage rate was 6.84%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.36%.

Relative Fees (Closing Costs)

General Mortgage Capital Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $8,337.

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 $9,089.

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 Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 273 $191,835,000 $702,692 $11,230 6.77%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 264 $164,950,000 $624,811 $10,364 6.68%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 83 $59,985,000 $722,711 $7,399 6.79%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 70 $32,890,000 $469,857 $8,985 6.74%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 78 $26,690,000 $342,179 $6,706 6.82%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 63 $23,645,000 $375,317 $7,114 6.90%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 46 $21,970,000 $477,609 $7,404 7.07%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 54 $19,620,000 $363,333 $8,159 7.01%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 30 $17,480,000 $582,667 $8,740 6.50%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 45 $17,165,000 $381,444 $6,087 6.46%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 43 $17,075,000 $397,093 $7,062 6.91%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 48 $15,280,000 $318,333 $7,941 6.71%
RALEIGH-CARY, NC (FHA|USDA|VA) 35 $14,805,000 $423,000 $5,406 6.84%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 39 $13,995,000 $358,846 $5,814 6.53%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 37 $13,355,000 $360,946 $6,925 7.10%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 32 $11,540,000 $360,625 $5,427 6.62%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 18 $9,130,000 $507,222 $11,722 6.95%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 20 $7,430,000 $371,500 $4,097 6.77%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 16 $6,200,000 $387,500 $5,414 6.66%
STOCKTON, CA (FHA|USDA|VA) 11 $5,305,000 $482,273 $6,642 6.44%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 12 $5,190,000 $432,500 $6,646 6.85%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 8 $4,550,000 $568,750 $8,649 6.77%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 11 $3,835,000 $348,636 $6,876 7.94%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $3,470,000 $867,500 $11,534 6.78%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 11 $3,115,000 $283,182 $6,612 6.94%
WICHITA, KS (FHA|USDA|VA) 15 $3,065,000 $204,333 $3,939 6.88%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 8 $3,050,000 $381,250 $5,225 6.53%
VALLEJO, CA (FHA|USDA|VA) 6 $2,870,000 $478,333 $8,264 6.60%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 9 $2,785,000 $309,444 $4,981 6.40%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 8 $2,730,000 $341,250 $6,709 6.95%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 4 $2,550,000 $637,500 $5,997 6.50%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $2,370,000 $1,185,000 $5,882 7.06%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 8 $2,120,000 $265,000 $3,926 7.16%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 6 $1,970,000 $328,333 $3,673 7.10%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,695,000 $339,000 $4,831 6.90%
LUBBOCK, TX (FHA|USDA|VA) 11 $1,685,000 $153,182 $6,878 6.27%
Outside of Metro Areas 5 $1,645,000 $329,000 $5,497 6.65%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 4 $1,640,000 $410,000 $5,864 7.03%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $1,625,000 $541,667 $7,135 6.24%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,530,000 $382,500 $3,738 7.59%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 5 $1,495,000 $299,000 $4,874 6.98%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $1,340,000 $223,333 $8,805 7.13%
Durant, OK (FHA|USDA|VA) 8 $1,310,000 $163,750 $5,169 6.92%
FAYETTEVILLE, NC (FHA|USDA|VA) 6 $1,240,000 $206,667 $4,126 7.02%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,140,000 $190,000 $4,117 6.62%
NAPA, CA (FHA|USDA|VA) 2 $1,120,000 $560,000 $8,083 7.31%
MADERA, CA (FHA|USDA|VA) 3 $1,095,000 $365,000 $8,347 7.21%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $1,060,000 $530,000 $5,970 5.94%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $1,050,000 $262,500 $5,461 6.41%
PITTSBURGH, PA (FHA|USDA|VA) 3 $1,045,000 $348,333 $7,195 5.83%
Jefferson, GA (FHA|USDA|VA) 4 $1,040,000 $260,000 $6,275 6.71%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $975,000 $325,000 $3,013 6.50%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $975,000 $325,000 $5,159 7.41%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $930,000 $465,000 $4,403 5.81%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $915,000 $305,000 $3,864 6.50%
RICHMOND, VA (FHA|USDA|VA) 2 $860,000 $430,000 $4,285 6.37%
ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $825,000 $275,000 $9,437 6.71%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $805,000 $268,333 $4,334 6.77%
KNOXVILLE, TN (FHA|USDA|VA) 4 $800,000 $200,000 $3,456 8.66%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $790,000 $395,000 $5,960 7.06%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $740,000 $370,000 $3,616 6.24%
SALINAS, CA (FHA|USDA|VA) 1 $695,000 $695,000 $0 8.63%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $660,000 $330,000 $4,293 6.81%
VISALIA, CA (FHA|USDA|VA) 2 $650,000 $325,000 $3,737 6.31%
FRESNO, CA (FHA|USDA|VA) 2 $620,000 $310,000 $6,045 6.75%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $620,000 $310,000 $4,383 6.93%
AKRON, OH (FHA|USDA|VA) 2 $580,000 $290,000 $8,188 6.50%
MIDLAND, TX (FHA|USDA|VA) 3 $565,000 $188,333 $6,442 6.46%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $560,000 $280,000 $0 7.06%
SAVANNAH, GA (FHA|USDA|VA) 2 $550,000 $275,000 $4,495 7.50%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $535,000 $535,000 $8,289 7.50%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $525,000 $525,000 $13,398 7.63%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $515,000 $515,000 $3,088 7.50%
OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $505,000 $168,333 $4,476 7.65%
Brevard, NC (FHA|USDA|VA) 1 $495,000 $495,000 $4,994 6.00%
HINESVILLE, GA (FHA|USDA|VA) 3 $495,000 $165,000 $5,529 6.79%
ODESSA, TX (FHA|USDA|VA) 2 $490,000 $245,000 $11,012 6.06%
CHICO, CA (FHA|USDA|VA) 2 $490,000 $245,000 $4,610 7.19%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $475,000 $475,000 $5,460 5.88%
Newport, OR (FHA|USDA|VA) 1 $475,000 $475,000 $15,711 6.49%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $470,000 $235,000 $3,809 7.25%
MODESTO, CA (FHA|USDA|VA) 1 $465,000 $465,000 $5,508 6.50%
MANHATTAN, KS (FHA|USDA|VA) 2 $420,000 $210,000 $4,002 6.56%
Ukiah, CA (FHA|USDA|VA) 2 $410,000 $205,000 $5,621 7.25%
TOLEDO, OH (FHA|USDA|VA) 2 $400,000 $200,000 $7,787 7.19%
FORT COLLINS, CO (FHA|USDA|VA) 1 $395,000 $395,000 $3,780 6.88%
COLUMBUS, OH (FHA|USDA|VA) 2 $380,000 $190,000 $4,054 7.81%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $355,000 $355,000 $0 7.50%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $345,000 $345,000 $5,910 6.99%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $335,000 $335,000 $5,725 6.75%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $325,000 $325,000 $0 9.25%
REDDING, CA (FHA|USDA|VA) 1 $325,000 $325,000 $14,940 7.99%
Aberdeen, WA (FHA|USDA|VA) 1 $325,000 $325,000 $0 8.38%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $310,000 $155,000 $3,687 7.12%
PROVO-OREM, UT (FHA|USDA|VA) 1 $305,000 $305,000 $0 7.63%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $305,000 $305,000 $5,306 7.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $295,000 $295,000 $11,132 7.38%
ABILENE, TX (FHA|USDA|VA) 1 $285,000 $285,000 $4,269 6.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $285,000 $285,000 $7,397 7.88%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $280,000 $140,000 $4,027 6.87%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $265,000 $265,000 $0 8.00%
Tifton, GA (FHA|USDA|VA) 1 $255,000 $255,000 $8,876 6.00%
LONGVIEW, TX (FHA|USDA|VA) 1 $255,000 $255,000 $7,965 7.75%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $255,000 $255,000 $11,404 7.50%
WACO, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,818 7.13%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $245,000 $245,000 $4,197 7.63%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $245,000 $245,000 $0 8.13%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $245,000 $245,000 $0 7.13%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $235,000 $235,000 $4,076 5.88%
YAKIMA, WA (FHA|USDA|VA) 1 $235,000 $235,000 $0 8.88%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $235,000 $235,000 $0 8.75%
Calhoun, GA (FHA|USDA|VA) 1 $225,000 $225,000 $4,562 7.13%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $205,000 $205,000 $3,910 7.25%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $205,000 $205,000 $5,908 6.25%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $205,000 $205,000 $3,669 4.99%
Sanford, NC (FHA|USDA|VA) 1 $195,000 $195,000 $4,034 7.88%
WILMINGTON, NC (FHA|USDA|VA) 1 $195,000 $195,000 $4,005 7.99%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $165,000 $165,000 $4,873 5.25%
GAINESVILLE, GA (FHA|USDA|VA) 1 $155,000 $155,000 $4,050 6.50%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $155,000 $155,000 $7,374 5.88%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $155,000 $155,000 $0 9.38%
Sonora, CA (FHA|USDA|VA) 1 $145,000 $145,000 $3,319 6.13%
JOPLIN, MO (FHA|USDA|VA) 1 $145,000 $145,000 $4,826 6.63%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $125,000 $125,000 $6,266 7.25%
GREENVILLE, NC (FHA|USDA|VA) 1 $105,000 $105,000 $4,114 6.88%
MONTGOMERY, AL (FHA|USDA|VA) 1 $105,000 $105,000 $4,465 7.13%
General Mortgage Capital Corporation's top markets include San Francisco, Los Angeles, San Jose, Riverside, and Dallas among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,612 $788,100,000 $488,896 $8,168 6.79%

    For 2023, General Mortgage Capital Corporation's most frequently originated type of loan was Conventional, with 1,612 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,413 $699,445,000 $495,007 $8,242 6.78%
    Cash Out Refi 139 $56,405,000 $405,791 $8,284 6.97%
    Refi 60 $32,250,000 $537,500 $6,193 6.84%

    For 2023, General Mortgage Capital Corporation's most frequently cited loan purpose was Home Purchase, with 1,413 originations. The 2nd most popular reason was Cash Out Refi, with 139 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,522 $752,750,000 $494,580 $8,337 6.84%
    15 Year 81 $31,355,000 $387,099 $5,638 5.99%
    20 Year 8 $3,790,000 $473,750 $5,559 6.40%
    10 Year 1 $205,000 $205,000 $8,119 5.99%

    For 2023, General Mortgage Capital Corporation's most frequently cited loan duration was 30 Year, with 1,522 originations. The 2nd most popular length was 15 Year, with 81 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 770 $359,060,000 $466,312
    $5k+ 425 $263,315,000 $619,565
    $2k-3k 107 $47,955,000 $448,178
    $4k-5k 69 $23,045,000 $333,986
    $3k-4k 62 $29,850,000 $481,452

    General Mortgage Capital Corporation's average total fees were $8,337, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 770 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 899 $452,315,000 $503,131
    7-8% 397 $195,085,000 $491,398
    5-6% 236 $106,700,000 $452,119
    Over 8% 65 $27,395,000 $421,462
    4-5% 14 $5,920,000 $422,857
    3-4% 1 $685,000 $685,000

    During 2023, General Mortgage Capital Corporation's average interest rate for loans was 6.84%, while their most frequently originated rate bucket for loans was 6-7%, with 899 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 581 $169,835,000 $292,315 $6,359 6.90%
    $400k-600k 423 $207,645,000 $490,887 $7,708 6.68%
    $600k-1MM 351 $256,375,000 $730,413 $10,061 6.68%
    $100k-200k 156 $25,320,000 $162,308 $4,998 6.83%
    $1MM+ 98 $128,700,000 $1,313,265 $17,113 7.02%
    $100,000 or less 3 $225,000 $75,000 $3,558 6.42%

    2023 saw General Mortgage Capital Corporation place emphasis on $200k-400k loans with 581 originations, totaling $169,835,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 431 $205,535,000 $476,879 $13,380 7.15%
    $150k-250k 395 $208,275,000 $527,278 $6,867 6.66%
    $100k-150k 309 $127,195,000 $411,634 $6,641 6.55%
    $250k+ 279 $190,125,000 $681,452 $8,515 6.85%
    $75k-100k 135 $42,605,000 $315,593 $5,891 6.65%
    $50k-75k 63 $14,365,000 $228,016 $5,409 6.44%

    General Mortgage Capital Corporation lent most frequently to those with incomes in the $50k or less range, with 431 originations. The second most popular income band? $150k-250k, with 395 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 283 $166,095,000 $586,908 $13,218 6.91%
    30-36% 175 $77,175,000 $441,000 $6,179 6.56%
    49% 153 $80,035,000 $523,105 $7,094 6.62%
    20-30% 121 $50,795,000 $419,793 $5,894 6.60%
    48% 96 $50,990,000 $531,146 $6,967 6.73%
    46% 74 $34,020,000 $459,730 $7,001 6.65%
    47% 70 $32,780,000 $468,286 $6,376 6.73%
    42% 64 $38,630,000 $603,594 $8,067 6.63%
    43% 59 $30,205,000 $511,949 $7,192 6.69%
    44% 57 $26,165,000 $459,035 $7,487 6.61%
    40% 51 $25,645,000 $502,843 $7,371 6.48%
    41% 50 $27,620,000 $552,400 $8,830 6.86%
    45% 43 $16,725,000 $388,953 $6,867 6.73%
    39% 38 $17,430,000 $458,684 $6,761 6.62%
    38% 35 $18,215,000 $520,429 $6,470 6.77%
    37% 34 $19,700,000 $579,412 $8,605 6.72%
    36% 30 $13,560,000 $452,000 $7,027 6.82%
    50-60% 9 $3,305,000 $367,222 $6,449 6.69%

    General Mortgage Capital Corporation lent most frequently to those with DTI ratios of <20%, with 283 originations. The next most common DTI ratio? 30-36%, with 175 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 1,470 $722,880,000 $491,755 $8,228 6.80%
    White 101 $49,585,000 $490,941 $7,653 6.72%
    Not provided 24 $9,680,000 $403,333 $8,120 6.71%
    Black 15 $5,035,000 $335,667 $6,198 6.80%
    American Indian 2 $920,000 $460,000 $7,341 6.00%

    Approval Rates

    Total approvals of all applications
    98.85%

    General Mortgage Capital Corporation 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
    79.34%

    General Mortgage Capital Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,612 $788,100,000 $488,896

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,612 $788,100,000 $488,896

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 120 $41,930,000 $349,417 $7,192 6.63%
    40-60% 457 $221,785,000 $485,306 $8,904 6.76%
    60-80% 820 $411,200,000 $501,463 $8,230 6.87%
    80-100% 192 $106,350,000 $553,906 $7,341 6.68%
    Under 20% 23 $6,835,000 $297,174 $5,799 6.46%