Barings Multifamily Capital Mortgage Rates, Fees & Info
Plano, TXLEI: 549300AEULLVYD8L9B04
Tax ID: 94-3159818
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Mortgage Data
Review & Overview
Barings Multifamily Capital is a small mortgage company specializing in Refi loans. Barings Multifamily Capital has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: New York, Washington, Baltimore, Raleigh, and Charlotte among others. We have data for 48 markets. (Some data included below & more in-depth data is available with an active subscription.)Barings Multifamily Capital has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. They typically have relatively high rates.
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Originations
99Origination Dollar Volume (All Markets)
$2,689,875,000Relative Rate
Barings Multifamily Capital's average 30 year fixed mortgage rate was
5.79%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.69%.
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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 9 | $541,835,000 | $60,203,889 | $0 | 5.87% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 9 | $289,995,000 | $32,221,667 | $0 | 5.63% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 10 | $263,290,000 | $26,329,000 | $0 | 5.49% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 6 | $213,150,000 | $35,525,000 | $0 | 6.84% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 6 | $180,160,000 | $30,026,667 | $0 | 6.95% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $160,510,000 | $80,255,000 | $0 | 4.89% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $122,910,000 | $30,727,500 | $0 | 6.39% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $74,995,000 | $24,998,333 | $0 | 5.65% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $67,235,000 | $67,235,000 | $0 | 6.59% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $61,075,000 | $61,075,000 | $0 | 5.33% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $57,985,000 | $57,985,000 | $0 | 5.02% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $54,665,000 | $18,221,667 | $0 | 5.36% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $54,350,000 | $27,175,000 | $0 | 5.77% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $47,905,000 | $47,905,000 | $0 | 5.39% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $45,600,000 | $22,800,000 | $0 | 5.59% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 5 | $41,715,000 | $8,343,000 | $0 | 5.37% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 2 | $38,920,000 | $19,460,000 | $0 | 5.34% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $33,535,000 | $33,535,000 | $0 | 5.41% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $29,005,000 | $29,005,000 | $0 | 5.69% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $22,455,000 | $22,455,000 | $0 | 5.67% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 1 | $21,635,000 | $21,635,000 | $0 | 5.45% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $21,625,000 | $21,625,000 | $0 | 5.43% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $21,515,000 | $21,515,000 | $0 | 5.46% |
| Bluffton, IN (FHA|USDA|VA) | 1 | $19,115,000 | $19,115,000 | $0 | 5.02% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $18,235,000 | $18,235,000 | $0 | 6.39% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $17,625,000 | $17,625,000 | $0 | 5.62% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $17,545,000 | $17,545,000 | $0 | 6.17% |
| Elkins, WV (FHA|USDA|VA) | 1 | $16,205,000 | $16,205,000 | $0 | 5.72% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $15,895,000 | $15,895,000 | $0 | 5.50% |
| Bennington, VT (FHA|USDA|VA) | 1 | $12,115,000 | $12,115,000 | $0 | 5.31% |
| CHICO, CA (FHA|USDA|VA) | 1 | $11,775,000 | $11,775,000 | $0 | 5.10% |
| Outside of Metro Areas | 1 | $10,955,000 | $10,955,000 | $0 | 6.22% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $10,015,000 | $10,015,000 | $0 | 5.76% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $9,005,000 | $9,005,000 | $0 | 5.42% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $8,535,000 | $8,535,000 | $0 | 5.49% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $8,255,000 | $8,255,000 | $0 | 5.28% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $7,615,000 | $7,615,000 | $0 | 5.66% |
| TULSA, OK (FHA|USDA|VA) | 1 | $6,275,000 | $6,275,000 | $0 | 6.11% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $5,355,000 | $5,355,000 | $0 | 5.55% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $4,735,000 | $4,735,000 | $0 | 6.38% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $3,925,000 | $3,925,000 | $0 | 7.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $3,775,000 | $3,775,000 | $0 | 6.91% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $3,555,000 | $3,555,000 | $0 | 5.33% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $3,395,000 | $3,395,000 | $0 | 6.55% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $3,275,000 | $3,275,000 | $0 | 6.68% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $3,090,000 | $1,545,000 | $0 | 6.20% |
| Storm Lake, IA (FHA|USDA|VA) | 1 | $2,055,000 | $2,055,000 | $0 | 5.65% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $1,485,000 | $1,485,000 | $0 | 7.26% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 85 | $2,390,525,000 | $28,123,824 | $0 | 5.84% |
| FHA | 14 | $299,350,000 | $21,382,143 | $0 | 5.95% |
For 2023, Barings Multifamily Capital's most frequently originated type of loan was Conventional, with 85 originations. Their 2nd most popular type was FHA, with 14 originations.
Loan Reason
For 2023, Barings Multifamily Capital's most frequently cited loan purpose was Refi, with 69 originations. The 2nd most popular reason was Home Purchase, with 28 originations.
Loan Duration/Length
For 2023, Barings Multifamily Capital's most frequently cited loan duration was 10 Year, with 34 originations. The 2nd most popular length was Other, with 26 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 65 | $1,767,885,000 | $27,198,231 |
| 6-7% | 21 | $536,825,000 | $25,563,095 |
| 7-8% | 11 | $331,755,000 | $30,159,545 |
| 4-5% | 2 | $53,410,000 | $26,705,000 |
During 2023, Barings Multifamily Capital's average interest rate for loans was 5.79%, while their most frequently originated rate bucket for loans was 5-6%, with 65 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $1MM+ | 98 | $2,689,060,000 | $27,439,388 | $0 | 5.86% |
| $600k-1MM | 1 | $815,000 | $815,000 | $0 | 5.79% |
2023 saw Barings Multifamily Capital place emphasis on $1MM+ loans with 98 originations, totaling $2,689,060,000 in origination value.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 99 | $2,689,875,000 | $27,170,455 | $0 | 5.85% |
Approval Rates
Total approvals of all applications100.00%
Barings Multifamily Capital has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination92.93%
Barings Multifamily Capital has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 99 | $2,689,875,000 | $27,170,455 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 99 | $2,689,875,000 | $27,170,455 |