Barings Multifamily Capital Mortgage Rates, Fees & Info

Plano, TX

LEI: 549300AEULLVYD8L9B04

Tax ID: 94-3159818

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Mortgage Data

Review & Overview

Barings Multifamily Capital is a smaller mortgage company specializing in Refi and Home Purchase 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: Albany, Los Angeles, Portland, Dallas, and Daphne among others. We have data for 30 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 a below average pick rate when compared to similar lenders. They typically have about average rates.

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Originations

47

Origination Dollar Volume (All Markets)

$846,275,000

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
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $232,015,000 $232,015,000 $0 0.04%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $105,185,000 $105,185,000 $0 0.04%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $66,035,000 $66,035,000 $0 0.03%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $64,285,000 $21,428,333 $0 0.04%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $32,355,000 $32,355,000 $0 0.04%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $31,605,000 $31,605,000 $0 0.04%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $27,905,000 $27,905,000 $0 0.04%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $27,090,000 $6,772,500 $0 0.05%
ALBUQUERQUE, NM (FHA|USDA|VA) 3 $24,975,000 $8,325,000 $0 0.05%
RICHMOND, VA (FHA|USDA|VA) 2 $24,620,000 $12,310,000 $0 0.04%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $24,305,000 $24,305,000 $0 0.04%
VICTORIA, TX (FHA|USDA|VA) 1 $22,405,000 $22,405,000 $0 0.04%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $17,090,000 $4,272,500 $0 0.04%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $15,585,000 $15,585,000 $0 0.04%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $14,305,000 $14,305,000 $0 0.05%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $13,675,000 $13,675,000 $0 0.04%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $12,995,000 $4,331,667 $0 0.05%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $12,355,000 $12,355,000 $0 0.04%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $12,110,000 $6,055,000 $0 0.05%
TUCSON, AZ (FHA|USDA|VA) 3 $11,575,000 $3,858,333 $0 0.05%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $10,425,000 $10,425,000 $0 0.04%
COLUMBUS, OH (FHA|USDA|VA) 1 $9,205,000 $9,205,000 $0 0.05%
SALEM, OR (FHA|USDA|VA) 2 $6,810,000 $3,405,000 $0 0.04%
ROME, GA (FHA|USDA|VA) 1 $6,005,000 $6,005,000 $0 0.04%
TYLER, TX (FHA|USDA|VA) 1 $4,885,000 $4,885,000 $0 0.04%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $4,305,000 $4,305,000 $0 0.04%
FORT COLLINS, CO (FHA|USDA|VA) 1 $3,695,000 $3,695,000 $0 0.05%
Ellensburg, WA (FHA|USDA|VA) 1 $3,565,000 $3,565,000 $0 0.04%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $0 0.03%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $1,905,000 $1,905,000 $0 0.05%
Barings Multifamily Capital's top markets include Albany, Los Angeles, Portland, Dallas, and Daphne among others.

Their top states include:
  • New York (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 41 $752,155,000 $18,345,244 $0 0.04%
    FHA 6 $94,120,000 $15,686,667 $0 0.04%

    For 2019, Barings Multifamily Capital's most frequently originated type of loan was Conventional, with 41 originations. Their 2nd most popular type was FHA, with 6 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 23 $511,655,000 $22,245,870 $0 0.04%
    Home Purchase 12 $262,040,000 $21,836,667 $0 0.04%
    Cash Out Refi 7 $38,125,000 $5,446,429 $0 0.05%
    Other 5 $34,455,000 $6,891,000 $0 0.05%

    For 2019, Barings Multifamily Capital's most frequently cited loan purpose was Refi, with 23 originations. The 2nd most popular reason was Home Purchase, with 12 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 23 $369,295,000 $16,056,304 $0 0.04%
    Other 11 $89,265,000 $8,115,000 $0 0.05%
    30+ year 6 $94,120,000 $15,686,667 $0 0.04%
    15 Year 3 $275,975,000 $91,991,667 $0 0.04%
    20 Year 2 $12,670,000 $6,335,000 $0 0.05%
    30 Year 2 $4,950,000 $2,475,000 $0 0.05%

    For 2019, Barings Multifamily Capital's most frequently cited loan duration was 10 Year, with 23 originations. The 2nd most popular length was Other, with 11 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 47 $846,275,000 $18,005,851

    During 2019, Barings Multifamily Capital's average interest rate for loans was 0.05%, while their most frequently originated rate bucket for loans was <2.5%, with 47 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 47 $846,275,000 $18,005,851 $0 0.04%

    2019 saw Barings Multifamily Capital place emphasis on $1MM+ loans with 47 originations, totaling $846,275,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 47 $846,275,000 $18,005,851 $0 0.04%

    Approval Rates

    Total approvals of all applications
    98.48%

    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 origination
    63.83%

    Barings Multifamily Capital 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
    NA 47 $846,275,000 $18,005,851

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 47 $846,275,000 $18,005,851

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $16,295,000 $3,259,000 $0 0.04%
    40-60% 14 $233,130,000 $16,652,143 $0 0.04%
    60-80% 19 $498,485,000 $26,236,053 $0 0.04%
    80-100% 4 $67,510,000 $16,877,500 $0 0.04%
    Under 20% 5 $30,855,000 $6,171,000 $0 0.05%