Mortgage Capital Partners Rates, Fees & Info

SAN DIEGO, CA

LEI: 549300D3LYUX1NJVC329

Tax ID: 26-2637667

1.6 stars - out of 5 stars, based on 24 reviews

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

Jump to:

Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Mortgage Capital Partners is a smaller mortgage company specializing in Home Purchase and Refi loans. Mortgage Capital Partners has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Los Angeles, Riverside, Oxnard, San Diego, and Phoenix among others. We have data for 28 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mortgage Capital Partners 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. Mortgage Capital Partners 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.

    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 6.51% 3/28/23
    30 Year Conventional Refi 6.45% 3/28/23
    30 Year FHA Purchase 7.24% 3/28/23
    30 Year FHA Refi 7.41% 3/28/23
    30 Year VA Purchase 5.83% 3/28/23
    30 Year VA Refi 6.21% 3/28/23
    15 Year Conventional Purchase 5.91% 3/28/23
    15 Year Conventional Refi 6.13% 3/28/23
    15 Year Cash-out Refi 6.13% 3/28/23
    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.


    Originations

    595

    Origination Dollar Volume (All Markets)

    $428,925,000

    Awards

    MORTGAGE CAPITAL PARTNERS FHA Loans gold
    Show all (1) awards

    Relative Rate

    Mortgage Capital Partners's average 30 year fixed mortgage rate was 4.56%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of -0.2%.

    Relative Fees (Closing Costs)

    Mortgage Capital Partners's average total fees/closing costs for a 30 year fixed rate mortgage were $10,558.

    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.

    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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 486 $373,190,000 $767,881 $10,905 4.54%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 35 $16,225,000 $463,571 $9,306 4.28%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 21 $14,525,000 $691,667 $9,774 4.68%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $3,440,000 $860,000 $10,088 4.41%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 5 $2,465,000 $493,000 $6,338 4.92%
    BAKERSFIELD, CA (FHA|USDA|VA) 7 $2,435,000 $347,857 $6,025 4.12%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 8 $2,120,000 $265,000 $7,451 4.67%
    Outside of Metro Areas 2 $2,070,000 $1,035,000 $17,132 4.69%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $1,605,000 $535,000 $7,097 4.65%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $1,345,000 $448,333 $9,307 4.25%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $7,039 4.63%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $965,000 $965,000 $10,351 4.43%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $875,000 $875,000 $5,330 3.25%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $705,000 $705,000 $4,686 3.55%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $605,000 $605,000 $11,231 6.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $575,000 $575,000 $3,826 5.13%
    MODESTO, CA (FHA|USDA|VA) 1 $555,000 $555,000 $18,305 2.75%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $505,000 $505,000 $4,848 6.63%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $490,000 $245,000 $6,084 3.06%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $435,000 $435,000 $4,315 3.25%
    VISALIA, CA (FHA|USDA|VA) 2 $420,000 $210,000 $5,569 4.75%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $405,000 $405,000 $4,435 6.38%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $360,000 $180,000 $7,256 5.13%
    La Grande, OR (FHA|USDA|VA) 1 $335,000 $335,000 $4,255 5.00%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $305,000 $305,000 $4,315 4.75%
    STOCKTON, CA (FHA|USDA|VA) 1 $295,000 $295,000 $7,334 3.99%
    FRESNO, CA (FHA|USDA|VA) 1 $285,000 $285,000 $3,230 2.99%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $225,000 $225,000 $9,453 4.88%
    Mortgage Capital Partners's top markets include Los Angeles, Riverside, Oxnard, San Diego, and Phoenix among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against MORTGAGE CAPITAL PARTNERS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Louviers Federal Credit Union
    Similarity Rank: 328
    STRATA Credit Union
    Similarity Rank: 390
    SAFE 1 CREDIT UNION
    Similarity Rank: 393
    AltaOne Federal Credit Union
    Similarity Rank: 518
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 546
    Cedar Point Federal Credit Union
    Similarity Rank: 546
    HERITAGE COMMUNITY CREDIT UNION
    Similarity Rank: 567
    Chaffey Federal Credit Union
    Similarity Rank: 644
    BHCU
    Similarity Rank: 728

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 589 $424,575,000 $720,840 $10,387 4.53%
    FHA 3 $2,685,000 $895,000 $26,939 4.88%
    VA 3 $1,665,000 $555,000 $9,944 4.08%

    For 2022, Mortgage Capital Partners's most frequently originated type of loan was Conventional, with 589 originations. Their 2nd most popular type was FHA, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 415 $309,735,000 $746,349 $11,445 4.78%
    Refi 180 $119,190,000 $662,167 $8,217 3.94%

    For 2022, Mortgage Capital Partners's most frequently cited loan purpose was Home Purchase, with 415 originations. The 2nd most popular reason was Refi, with 180 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 584 $423,060,000 $724,418 $10,558 4.56%
    15 Year 10 $5,230,000 $523,000 $5,876 2.88%
    20 Year 1 $635,000 $635,000 $4,019 3.13%

    For 2022, Mortgage Capital Partners's most frequently cited loan duration was 30 Year, with 584 originations. The 2nd most popular length was 15 Year, with 10 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 258 $197,430,000 $765,233
    $1k-2k 211 $159,295,000 $754,953
    $4k-5k 48 $32,060,000 $667,917
    $3k-4k 46 $21,640,000 $470,435
    $2k-3k 32 $18,500,000 $578,125

    Mortgage Capital Partners's average total fees were $10,558, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 258 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 220 $170,370,000 $774,409
    5-6% 151 $101,885,000 $674,735
    4-5% 147 $107,835,000 $733,571
    6-7% 46 $30,470,000 $662,391
    2.5-3% 23 $14,225,000 $618,478
    7-8% 5 $1,935,000 $387,000
    <2.5% 3 $2,205,000 $735,000

    During 2022, Mortgage Capital Partners's average interest rate for loans was 4.56%, while their most frequently originated rate bucket for loans was 3-4%, with 220 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $600k-1MM 231 $177,665,000 $769,113 $11,553 4.57%
    $400k-600k 152 $76,440,000 $502,895 $8,863 4.64%
    $200k-400k 104 $32,630,000 $313,750 $6,617 4.53%
    $1MM+ 95 $140,125,000 $1,475,000 $15,271 4.26%
    $100k-200k 12 $1,980,000 $165,000 $5,742 4.46%
    $100,000 or less 1 $85,000 $85,000 $4,984 5.50%

    2022 saw Mortgage Capital Partners place emphasis on $600k-1MM loans with 231 originations, totaling $177,665,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 203 $137,965,000 $679,631 $10,724 4.72%
    $250k+ 168 $185,600,000 $1,104,762 $12,664 4.38%
    $100k-150k 138 $74,240,000 $537,971 $9,411 4.65%
    $75k-100k 51 $20,875,000 $409,314 $7,651 4.24%
    $50k-75k 27 $8,225,000 $304,630 $6,800 3.95%
    $50k or less 8 $2,020,000 $252,500 $6,461 4.47%

    Mortgage Capital Partners lent most frequently to those with incomes in the $150k-250k range, with 203 originations. The second most popular income band? $250k+, with 168 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 77 $64,925,000 $843,182 $11,470 4.66%
    20-30% 75 $60,245,000 $803,267 $9,571 4.25%
    49% 49 $30,215,000 $616,633 $10,777 4.59%
    48% 39 $24,015,000 $615,769 $8,887 4.64%
    41% 35 $24,055,000 $687,286 $10,480 4.86%
    43% 35 $24,005,000 $685,857 $10,523 4.65%
    44% 33 $22,735,000 $688,939 $10,129 4.55%
    45% 33 $22,895,000 $693,788 $12,468 4.57%
    42% 30 $22,710,000 $757,000 $10,235 4.36%
    <20% 25 $23,205,000 $928,200 $7,413 4.10%
    46% 25 $15,795,000 $631,800 $11,057 4.97%
    50-60% 25 $13,835,000 $553,400 $9,449 4.34%
    38% 22 $13,560,000 $616,364 $10,941 4.53%
    36% 22 $14,740,000 $670,000 $9,890 4.45%
    39% 20 $15,420,000 $771,000 $10,750 4.58%
    47% 19 $10,775,000 $567,105 $10,365 4.75%
    40% 15 $12,535,000 $835,667 $12,820 4.05%
    37% 14 $11,780,000 $841,429 $13,258 4.39%
    >60% 2 $1,480,000 $740,000 $9,540 5.00%

    Mortgage Capital Partners lent most frequently to those with DTI ratios of 30-36%, with 77 originations. The next most common DTI ratio? 20-30%, with 75 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 480 $346,090,000 $721,021 $10,295 4.47%
    Not provided 63 $47,365,000 $751,825 $12,945 4.99%
    Asian 34 $24,290,000 $714,412 $9,071 4.40%
    Black 14 $8,990,000 $642,143 $10,207 4.78%
    American Indian 4 $2,190,000 $547,500 $5,041 4.29%

    Approval Rates

    Total approvals of all applications
    99.77%

    Mortgage Capital Partners 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
    51.60%

    Mortgage Capital Partners 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 595 $428,925,000 $720,882

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    595 $428,925,000 $720,882

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 45 $19,285,000 $428,556 $6,692 4.18%
    40-60% 111 $70,405,000 $634,279 $8,792 4.20%
    60-80% 242 $200,160,000 $827,107 $11,572 4.54%
    80-100% 186 $136,010,000 $731,237 $11,161 4.79%
    Under 20% 11 $3,065,000 $278,636 $6,843 4.58%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    Mortgage Research Center, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    Mortgage Research Center, LLC VA mortgage Trouble during payment process 1 50.0%