Mortgage Capital Partners Rates, Fees & Info
SAN DIEGO, CALEI: 549300D3LYUX1NJVC329
Tax ID: 26-2637667
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Mortgage Capital Partners is a smaller mortgage company specializing in Home Purchase 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 Philadelphia among others. We have data for 21 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 relatively high 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% | 11/17/24 |
| 30 Year Conventional Refi | 6.45% | 11/17/24 |
| 30 Year FHA Purchase | 7.24% | 11/17/24 |
| 30 Year FHA Refi | 7.41% | 11/17/24 |
| 30 Year VA Purchase | 5.83% | 11/17/24 |
| 30 Year VA Refi | 6.21% | 11/17/24 |
| 15 Year Conventional Purchase | 5.91% | 11/17/24 |
| 15 Year Conventional Refi | 6.13% | 11/17/24 |
| 15 Year Cash-out Refi | 6.13% | 11/17/24 |
| 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. | ||
Mortgage Capital Partners Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Mortgage Capital Partners. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
321Origination Dollar Volume (All Markets)
$201,425,000Relative Rate
Mortgage Capital Partners's average 30 year fixed mortgage rate was
6.78%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.3%.
Relative Fees (Closing Costs)
Mortgage Capital Partners's average total fees/closing costs for a 30 year fixed rate
mortgage were $11,795.
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 $9,089.
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) | 252 | $171,570,000 | $680,833 | $12,436 | 6.77% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 25 | $10,495,000 | $419,800 | $9,717 | 6.81% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 10 | $5,600,000 | $560,000 | $9,736 | 6.97% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 5 | $2,875,000 | $575,000 | $10,989 | 6.65% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 6 | $2,030,000 | $338,333 | $9,318 | 6.67% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 5 | $1,665,000 | $333,000 | $9,519 | 7.23% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 4 | $1,530,000 | $382,500 | $5,626 | 6.84% |
| Outside of Metro Areas | 1 | $1,045,000 | $1,045,000 | $3,833 | 6.15% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $11,219 | 6.50% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $4,654 | 6.99% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $12,686 | 6.88% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $12,733 | 6.38% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $9,112 | 6.99% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $8,457 | 6.63% |
| MADERA, CA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $8,223 | 6.99% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,952 | 6.63% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,015 | 5.99% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,491 | 6.50% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,189 | 6.50% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,533 | 6.13% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,789 | 7.25% |
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.
Similarity Rank: 21
Similarity Rank: 24
Similarity Rank: 45
Similarity Rank: 55
Similarity Rank: 72
Similarity Rank: 93
Similarity Rank: 96
Similarity Rank: 126
Similarity Rank: 135
Similarity Rank: 136
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 300 | $188,010,000 | $626,700 | $11,221 | 6.80% |
| FHA | 16 | $9,740,000 | $608,750 | $20,525 | 6.40% |
| VA | 5 | $3,675,000 | $735,000 | $15,250 | 6.72% |
For 2023, Mortgage Capital Partners's most frequently originated type of loan was Conventional, with 300 originations. Their 2nd most popular type was FHA, with 16 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 293 | $189,305,000 | $646,092 | $12,087 | 6.77% |
| Refi | 28 | $12,120,000 | $432,857 | $8,197 | 6.79% |
For 2023, Mortgage Capital Partners's most frequently cited loan purpose was Home Purchase, with 293 originations. The 2nd most popular reason was Refi, with 28 originations.
Loan Duration/Length
For 2023, Mortgage Capital Partners's most frequently cited loan duration was 30 Year, with 317 originations. The 2nd most popular length was 10 Year, with 3 originations.
Origination Fees/Closing Costs
Mortgage Capital Partners's average total fees were $11,795, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 170 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 180 | $112,910,000 | $627,278 |
| 7-8% | 93 | $59,525,000 | $640,054 |
| 5-6% | 43 | $26,705,000 | $621,047 |
| Over 8% | 4 | $1,380,000 | $345,000 |
| 4-5% | 1 | $905,000 | $905,000 |
During 2023, Mortgage Capital Partners's average interest rate for loans was 6.78%, while their most frequently originated rate bucket for loans was 6-7%, with 180 originations.
Loan Sizing
2023 saw Mortgage Capital Partners place emphasis on $600k-1MM loans with 118 originations, totaling $87,970,000 in origination value.
Applicant Income
Mortgage Capital Partners lent most frequently to those with incomes in the $150k-250k range, with 127 originations. The second most popular income band? $250k+, with 94 originations.
Applicant Debt to Income Ratio
Mortgage Capital Partners lent most frequently to those with DTI ratios of 30-36%, with 47 originations. The next most common DTI ratio? 49%, with 33 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.80%
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 origination43.93%
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 | 321 | $201,425,000 | $627,492 |