Capstone Direct Mortgage Rates, Fees & InfoTHOUSAND OAKS, CA
Tax ID: 20-8207683
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCapstone Direct is a smaller mortgage company specializing in loans. Capstone Direct has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Oxnard, Los Angeles, Riverside, San Diego, and Fresno among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)
Capstone Direct 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. Capstone Direct 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.
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|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||7.02%||3/27/23|
|30 Year Conventional Purchase||6.54%||3/27/23|
|30 Year Conventional Refi||6.44%||3/27/23|
|30 Year Cash-out Refi||6.51%||3/27/23|
|30 Year FHA Purchase||6.67%||3/27/23|
|30 Year VA Purchase||5.88%||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)$82,480,000
Capstone Direct'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 -0.18%.
Relative Fees (Closing Costs)
Capstone Direct's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,847.
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|
|OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA)||87||$47,555,000||$546,609||$8,589||4.50%|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||29||$19,425,000||$669,828||$9,678||4.56%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||7||$3,415,000||$487,857||$7,918||5.05%|
|SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)||8||$3,410,000||$426,250||$8,954||4.70%|
|FRESNO, CA (FHA|USDA|VA)||3||$1,385,000||$461,667||$5,583||3.54%|
|BAKERSFIELD, CA (FHA|USDA|VA)||3||$1,155,000||$385,000||$9,053||4.79%|
|SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA)||1||$805,000||$805,000||$5,250||5.75%|
|TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA)||1||$805,000||$805,000||$7,991||5.25%|
|SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA)||1||$705,000||$705,000||$19,097||3.25%|
|Sebastian-Vero Beach, FL (FHA|USDA|VA)||1||$555,000||$555,000||$5,512||4.88%|
|EL CENTRO, CA (FHA|USDA|VA)||2||$500,000||$250,000||$2,357||5.44%|
|VALLEJO, CA (FHA|USDA|VA)||1||$475,000||$475,000||$15,535||3.25%|
|San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA)||1||$375,000||$375,000||$3,462||2.50%|
|Brookings, OR (FHA|USDA|VA)||1||$365,000||$365,000||$5,062||3.38%|
|GAINESVILLE, FL (FHA|USDA|VA)||1||$335,000||$335,000||$5,190||5.25%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||1||$325,000||$325,000||$4,615||4.88%|
|MEMPHIS, TN-MS-AR (FHA|USDA|VA)||1||$275,000||$275,000||$4,444||3.49%|
|Coos Bay, OR (FHA|USDA|VA)||1||$265,000||$265,000||$3,250||2.75%|
|Truckee-Grass Valley, CA (FHA|USDA|VA)||1||$205,000||$205,000||$4,741||6.25%|
|Palatka, FL (FHA|USDA|VA)||1||$145,000||$145,000||$3,939||5.25%|
We use machine learning to identify the top lenders compared against CAPSTONE DIRECT 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, Capstone Direct's most frequently originated type of loan was Conventional, with 130 originations. Their 2nd most popular type was VA, with 10 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||22||$8,590,000||$390,455||$4,964||4.11%|
For 2022, Capstone Direct's most frequently cited loan purpose was Home Purchase, with 118 originations. The 2nd most popular reason was Cash Out Refi, with 22 originations.
For 2022, Capstone Direct's most frequently cited loan duration was 30 Year, with 143 originations. The 2nd most popular length was 15 Year, with 5 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Capstone Direct's average total fees were $8,847, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 74 originations.
During 2022, Capstone Direct's average interest rate for loans was 4.58%, while their most frequently originated rate bucket for loans was 3-4%, with 53 originations.
2022 saw Capstone Direct place emphasis on $600k-1MM loans with 52 originations, totaling $38,630,000 in origination value.
Capstone Direct lent most frequently to those with incomes in the $150k-250k range, with 55 originations. The second most popular income band? $100k-150k, with 35 originations.
Approval RatesTotal approvals of all applications
Capstone Direct has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Capstone Direct has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
|Points||Originations||Total Value||Average Loan|