Best Capital Funding Mortgage Rates, Fees & Info

Glendale, CA

LEI: 549300CEGZGHVQG0OD32

Tax ID: 26-2593704

3.2 stars - out of 5 stars, based on 50 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Best Capital Funding is a smaller mortgage company specializing in Refi, Home Purchase, and Cash Out Refi loans. Best Capital Funding has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Los Angeles, Riverside, Fresno, Las Vegas, and San Luis Obispo among others. Best Capital Funding has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Best Capital Funding is typically a high fee lendor.


Originations

2,505

Origination Dollar Volume (All Markets)

$854,595,000
Show all (8) awards

Relative Rate

Best Capital Funding's average 30 year fixed rate mortgage of loans were 3.04%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.11%.

Relative Fees

Best Capital Funding's average total fees for a 30 year fixed rate mortgage are $6,852.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 584 $261,500,000 $447,774 $7,414 3.03%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 441 $151,835,000 $344,297 $7,862 3.05%
FRESNO, CA (FHA|USDA|VA) 174 $51,090,000 $293,621 $7,199 2.79%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 122 $36,670,000 $300,574 $6,035 3.14%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 92 $32,880,000 $357,391 $3,513 2.76%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 70 $26,990,000 $385,571 $5,420 2.94%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 93 $24,685,000 $265,430 $6,553 3.17%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 72 $21,850,000 $303,472 $3,544 2.85%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 68 $15,100,000 $222,059 $3,088 2.76%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 42 $14,220,000 $338,571 $5,475 2.96%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 31 $14,045,000 $453,065 $5,603 2.92%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 31 $11,935,000 $385,000 $7,203 2.91%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 37 $11,275,000 $304,730 $7,379 3.07%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 30 $10,270,000 $342,333 $7,457 2.98%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 39 $9,745,000 $249,872 $9,404 3.13%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 37 $8,105,000 $219,054 $5,619 2.90%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 28 $7,930,000 $283,214 $4,661 2.94%
BAKERSFIELD, CA (FHA|USDA|VA) 30 $7,820,000 $260,667 $4,890 3.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 23 $7,815,000 $339,783 $6,955 3.15%
STOCKTON, CA (FHA|USDA|VA) 22 $7,450,000 $338,636 $8,427 3.00%
SAVANNAH, GA (FHA|USDA|VA) 14 $4,860,000 $347,143 $6,414 3.30%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 11 $4,665,000 $424,091 $5,369 3.22%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 15 $4,595,000 $306,333 $6,501 3.43%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 12 $4,460,000 $371,667 $5,380 2.80%
MADERA, CA (FHA|USDA|VA) 15 $4,315,000 $287,667 $8,735 2.77%
Outside of Metro Areas 19 $4,115,000 $216,579 $3,958 2.90%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 17 $3,885,000 $228,529 $3,182 2.61%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 13 $3,755,000 $288,846 $5,440 2.68%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 9 $3,515,000 $390,556 $11,408 3.22%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 11 $3,385,000 $307,727 $4,747 2.76%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 9 $3,325,000 $369,444 $8,061 3.00%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 7 $3,055,000 $436,429 $4,974 3.11%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 9 $2,915,000 $323,889 $6,736 2.97%
JACKSONVILLE, FL (FHA|USDA|VA) 12 $2,740,000 $228,333 $4,877 3.18%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 9 $2,715,000 $301,667 $4,874 2.92%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $2,500,000 $625,000 $13,920 2.53%
VALLEJO, CA (FHA|USDA|VA) 7 $2,465,000 $352,143 $6,217 3.02%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 8 $2,460,000 $307,500 $5,315 2.80%
SANTA FE, NM (FHA|USDA|VA) 9 $2,385,000 $265,000 $7,047 3.08%
MODESTO, CA (FHA|USDA|VA) 10 $2,060,000 $206,000 $4,576 2.88%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,930,000 $321,667 $6,655 3.02%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $1,785,000 $255,000 $4,570 2.77%
VISALIA, CA (FHA|USDA|VA) 7 $1,645,000 $235,000 $6,420 2.96%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $1,605,000 $321,000 $6,758 2.90%
MEDFORD, OR (FHA|USDA|VA) 6 $1,520,000 $253,333 $4,149 3.04%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 6 $1,440,000 $240,000 $3,711 3.08%
ALBUQUERQUE, NM (FHA|USDA|VA) 8 $1,420,000 $177,500 $4,432 3.25%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,375,000 $196,429 $3,960 3.05%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $1,370,000 $228,333 $7,605 3.04%
Roseburg, OR (FHA|USDA|VA) 5 $1,305,000 $261,000 $5,919 3.10%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 5 $1,255,000 $251,000 $2,840 2.78%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 6 $1,160,000 $193,333 $20,637 3.19%
Gardnerville Ranchos, NV (FHA|USDA|VA) 3 $1,155,000 $385,000 $5,171 2.96%
RENO, NV (FHA|USDA|VA) 5 $1,145,000 $229,000 $6,575 2.70%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $1,140,000 $570,000 $11,953 3.13%
ALBANY-LEBANON, OR (FHA|USDA|VA) 3 $1,025,000 $341,667 $3,042 2.96%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $980,000 $490,000 $6,050 3.50%
EspaƱola, NM (FHA|USDA|VA) 5 $975,000 $195,000 $3,649 3.43%
OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $950,000 $237,500 $5,845 3.03%
CHICO, CA (FHA|USDA|VA) 3 $795,000 $265,000 $10,060 3.54%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 5 $775,000 $155,000 $5,037 3.18%
YUBA CITY, CA (FHA|USDA|VA) 3 $755,000 $251,667 $6,804 2.88%
Sevierville, TN (FHA|USDA|VA) 2 $730,000 $365,000 $10,197 3.75%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $720,000 $180,000 $8,025 3.16%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $715,000 $715,000 $3,315 2.50%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 3 $695,000 $231,667 $3,391 2.37%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $650,000 $325,000 $5,414 2.94%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $650,000 $325,000 $7,922 3.19%
Pahrump, NV (FHA|USDA|VA) 3 $605,000 $201,667 $7,654 2.92%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $605,000 $201,667 $6,174 3.17%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 3 $585,000 $195,000 $2,406 2.75%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $565,000 $188,333 $6,031 2.79%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $545,000 $545,000 $5,074 2.63%
Ellensburg, WA (FHA|USDA|VA) 2 $510,000 $255,000 $3,255 2.63%
MERCED, CA (FHA|USDA|VA) 2 $500,000 $250,000 $6,910 3.00%
LONGVIEW, TX (FHA|USDA|VA) 1 $475,000 $475,000 $6,625 5.45%
SALEM, OR (FHA|USDA|VA) 1 $475,000 $475,000 $5,434 2.75%
Payson, AZ (FHA|USDA|VA) 2 $470,000 $235,000 $8,605 3.06%
Las Vegas, NM (FHA|USDA|VA) 2 $470,000 $235,000 $5,332 3.06%
GAINESVILLE, GA (FHA|USDA|VA) 1 $445,000 $445,000 $3,922 2.88%
TULSA, OK (FHA|USDA|VA) 1 $435,000 $435,000 $23,212 2.63%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $430,000 $215,000 $2,749 2.69%
Durango, CO (FHA|USDA|VA) 1 $425,000 $425,000 $8,483 2.63%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $425,000 $425,000 $13,142 2.75%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $420,000 $210,000 $5,302 3.38%
Frankfort, KY (FHA|USDA|VA) 2 $420,000 $210,000 $4,451 3.25%
Ukiah, CA (FHA|USDA|VA) 1 $415,000 $415,000 $4,990 3.38%
DULUTH, MN-WI (FHA|USDA|VA) 1 $405,000 $405,000 $2,798 3.25%
Sanford, NC (FHA|USDA|VA) 1 $375,000 $375,000 $6,445 3.25%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $365,000 $365,000 $12,642 2.25%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $355,000 $355,000 $10,240 3.25%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $350,000 $175,000 $4,019 3.56%
Port Angeles, WA (FHA|USDA|VA) 1 $325,000 $325,000 $3,532 3.25%
FORT WAYNE, IN (FHA|USDA|VA) 2 $320,000 $160,000 $3,466 2.13%
Bardstown, KY (FHA|USDA|VA) 2 $320,000 $160,000 $2,321 2.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 2 $320,000 $160,000 $6,763 2.31%
ST. CLOUD, MN (FHA|USDA|VA) 2 $300,000 $150,000 $1,828 2.50%
NAPA, CA (FHA|USDA|VA) 1 $295,000 $295,000 $8,307 2.75%
DOVER, DE (FHA|USDA|VA) 1 $285,000 $285,000 $10,693 3.63%
REDDING, CA (FHA|USDA|VA) 1 $285,000 $285,000 $9,475 3.50%
PITTSBURGH, PA (FHA|USDA|VA) 1 $285,000 $285,000 $4,525 2.75%
FLAGSTAFF, AZ (FHA|USDA|VA) 2 $280,000 $140,000 $3,684 3.13%
Jefferson, GA (FHA|USDA|VA) 1 $275,000 $275,000 $4,636 2.88%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $265,000 $265,000 $4,202 3.25%
Sonora, CA (FHA|USDA|VA) 1 $265,000 $265,000 $3,437 3.13%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $255,000 $255,000 $3,324 2.88%
GRANTS PASS, OR (FHA|USDA|VA) 1 $255,000 $255,000 $3,074 3.00%
WENATCHEE, WA (FHA|USDA|VA) 1 $245,000 $245,000 $7,931 2.38%
Elko, NV (FHA|USDA|VA) 1 $245,000 $245,000 $12,342 3.13%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $235,000 $235,000 $1,517 2.25%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $225,000 $225,000 $2,041 3.00%
PANAMA CITY, FL (FHA|USDA|VA) 1 $225,000 $225,000 $3,474 3.00%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $225,000 $225,000 $4,209 3.38%
Winnemucca, NV (FHA|USDA|VA) 1 $225,000 $225,000 $5,306 3.38%
Granbury, TX (FHA|USDA|VA) 1 $215,000 $215,000 $5,285 2.63%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $215,000 $215,000 $2,630 2.75%
Winona, MN (FHA|USDA|VA) 1 $215,000 $215,000 $2,897 2.88%
Statesboro, GA (FHA|USDA|VA) 1 $215,000 $215,000 $5,083 2.88%
ODESSA, TX (FHA|USDA|VA) 1 $205,000 $205,000 $1,820 2.50%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $205,000 $205,000 $2,433 3.75%
TUCSON, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $2,586 3.13%
Boone, NC (FHA|USDA|VA) 1 $185,000 $185,000 $7,279 4.63%
Paris, TN (FHA|USDA|VA) 1 $185,000 $185,000 $4,183 3.13%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $5,676 3.25%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $165,000 $165,000 $2,308 2.13%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,755 2.25%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $165,000 $165,000 $9,929 3.25%
Murray, KY (FHA|USDA|VA) 1 $165,000 $165,000 $2,549 2.50%
EL CENTRO, CA (FHA|USDA|VA) 1 $155,000 $155,000 $3,317 2.75%
YUMA, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $2,577 2.63%
MUNCIE, IN (FHA|USDA|VA) 1 $145,000 $145,000 $1,815 2.25%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $145,000 $145,000 $2,189 2.50%
Newberry, SC (FHA|USDA|VA) 1 $145,000 $145,000 $5,924 2.88%
EL PASO, TX (FHA|USDA|VA) 1 $135,000 $135,000 $5,082 2.88%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,010 2.75%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $135,000 $135,000 $4,619 2.50%
ROCKFORD, IL (FHA|USDA|VA) 1 $125,000 $125,000 $5,362 2.75%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $125,000 $125,000 $6,585 3.63%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,477 2.50%
Show Low, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $2,960 3.38%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $75,000 $75,000 $3,675 3.25%
COLUMBUS, OH (FHA|USDA|VA) 1 $75,000 $75,000 $2,660 2.25%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $75,000 $75,000 $2,245 3.00%

Best Capital Funding's top markets include Los Angeles, Riverside, Fresno, Las Vegas, and San Luis Obispo among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,106 $720,270,000 $342,009 $5,654 2.99%
FHA 350 $115,530,000 $330,086 $11,918 3.00%
VA 49 $18,795,000 $383,571 $8,063 2.68%

For the 2021 period, Best Capital Funding's most frequently originated loan type of loans were Conventional, with 2,106 originations. Their 2nd most popular type is FHA, with 350 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 1,062 $336,230,000 $316,601 $4,846 2.83%
Home Purchase 785 $298,835,000 $380,682 $9,128 3.10%
Cash Out Refi 657 $218,985,000 $333,311 $6,320 3.11%
Home Improvement 1 $545,000 $545,000 $5,110 3.38%

For the 2021, Best Capital Funding's most frequently cited loan purpose of loans were Refi, with 1,062 originations. The 2nd most popular reason of loans were Home Purchase, with 785 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,225 $786,305,000 $353,396 $6,852 3.04%
15 Year 203 $47,975,000 $236,330 $4,095 2.43%
20 Year 58 $15,360,000 $264,828 $4,843 2.83%
10 Year 10 $1,650,000 $165,000 $4,444 2.48%
Other 7 $2,405,000 $343,571 $5,283 2.98%
30+ year 1 $645,000 $645,000 $22,446 3.88%
5 Year 1 $255,000 $255,000 $0 8.00%

For the 2021, Best Capital Funding's most frequently cited loan length of loans were 30 Year, with 2,225 originations. The 2nd most popular length of loans were 15 Year, with 203 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 840 $280,890,000 $334,393
$5k+ 560 $241,790,000 $431,768
$<1k 490 $154,580,000 $315,469
$3k-4k 448 $129,000,000 $287,946
$2k-3k 165 $47,715,000 $289,182

$6,852 of loans were Best Capital Funding's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 840 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 1,147 $383,605,000 $334,442
3-4% 928 $330,280,000 $355,905
<2.5% 382 $119,670,000 $313,272
4-5% 41 $17,715,000 $432,073
5-6% 5 $2,695,000 $539,000
6-7% 1 $375,000 $375,000
7-8% 1 $255,000 $255,000

During 2021, Best Capital Funding's average interest rate of loans were 3.04%, while their most frequently originated rate bucket of loans were 2.5-3%, with 1,147 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 1,264 $376,050,000 $297,508 $6,185 2.96%
$400k-600k 643 $304,925,000 $474,222 $7,364 2.98%
$100k-200k 403 $63,435,000 $157,407 $4,555 2.96%
$600k-1MM 138 $99,530,000 $721,232 $12,683 3.29%
$100,000 or less 52 $4,170,000 $80,192 $3,348 3.03%
$1MM+ 5 $6,485,000 $1,297,000 $31,142 3.95%

2021 saw Best Capital Funding place emphasis on $200k-400k loans with 1,264 originations, totaling $376,050,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 620 $248,540,000 $400,871 $6,851 2.97%
$50k-75k 543 $146,885,000 $270,506 $6,593 2.99%
$75k-100k 524 $172,910,000 $329,981 $6,516 2.97%
$150k-250k 345 $146,075,000 $423,406 $6,486 2.97%
$50k or less 271 $56,415,000 $208,173 $5,857 3.08%
$250k+ 142 $62,600,000 $440,845 $7,320 3.10%

Best Capital Funding lent most frequently to those with incomes in the $100k-150k range, with 620 originations. The second most popular income band? $50k-75k, with 543 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 160 $49,330,000 $308,313 $5,584 3.02%
20-30% 147 $46,485,000 $316,224 $4,985 2.97%
<20% 66 $18,960,000 $287,273 $5,003 3.02%
44% 57 $20,295,000 $356,053 $5,901 3.01%
45% 48 $16,130,000 $336,042 $5,146 3.04%
41% 42 $14,860,000 $353,810 $6,553 3.10%
42% 40 $13,940,000 $348,500 $7,570 2.93%
43% 39 $14,245,000 $365,256 $6,114 3.07%
39% 38 $13,430,000 $353,421 $5,553 2.97%
40% 38 $12,600,000 $331,579 $6,831 3.08%
47% 38 $12,200,000 $321,053 $5,910 3.11%
50-60% 37 $13,375,000 $361,486 $14,267 3.04%
37% 36 $12,180,000 $338,333 $6,287 2.95%
38% 36 $11,360,000 $315,556 $5,294 3.06%
36% 36 $12,100,000 $336,111 $4,633 3.05%
49% 35 $13,675,000 $390,714 $7,709 3.01%
46% 33 $11,855,000 $359,242 $8,272 3.02%
48% 28 $10,020,000 $357,857 $7,530 2.98%
>60% 2 $710,000 $355,000 $11,575 3.81%

Best Capital Funding lent most frequently to those with DTI ratios of 30-36%, with 160 originations. The next most common DTI ratio? 20-30%, with 147 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,824 $616,320,000 $337,895 $6,601 2.98%
Asian 319 $119,355,000 $374,154 $5,675 2.99%
Not provided 197 $65,105,000 $330,482 $6,578 2.96%
Black 128 $39,530,000 $308,828 $7,957 3.09%
American Indian 17 $7,335,000 $431,471 $9,946 3.01%
Native Hawaiian 10 $3,400,000 $340,000 $4,477 3.05%
Filipino 5 $1,175,000 $235,000 $8,978 2.93%
Other Asian 2 $1,000,000 $500,000 $9,531 3.00%
Chinese 1 $805,000 $805,000 $4,861 3.63%
Asian Indian 2 $570,000 $285,000 $10,417 2.88%

Approval Rates

Total approvals of all applications
99.49%

Best Capital Funding 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
52.71%

Best Capital Funding 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
8145.0 1 $255,000 $255,000
NA 2,504 $854,340,000 $341,190

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,505 $854,595,000 $341,156

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 110 $25,400,000 $230,909 $4,377 2.90%
40-60% 253 $80,845,000 $319,545 $5,100 2.94%
60-80% 414 $148,580,000 $358,889 $6,137 3.09%
80-100% 205 $74,705,000 $364,415 $9,015 3.02%
Over 100% 1 $435,000 $435,000 $23,212 2.63%
Under 20% 12 $1,580,000 $131,667 $2,930 2.75%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Best Capital Funding Conventional home mortgage Trouble during payment process 1 50.0%
Best Capital Funding FHA mortgage Trouble during payment process 1 50.0%