Mortgage Capital Partners Rates, Fees & Info

SAN DIEGO, CA

LEI: 549300D3LYUX1NJVC329

Tax ID: 26-2637667

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Mortgage Data

Review & Overview

Mortgage Capital Partners is a small mortgage company specializing in Refi and 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, Oxnard, Riverside, San Francisco, and Washington among others. We have data for 42 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 an average 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% 3/28/24
30 Year Conventional Refi 6.45% 3/28/24
30 Year FHA Purchase 7.24% 3/28/24
30 Year FHA Refi 7.41% 3/28/24
30 Year VA Purchase 5.83% 3/28/24
30 Year VA Refi 6.21% 3/28/24
15 Year Conventional Purchase 5.91% 3/28/24
15 Year Conventional Refi 6.13% 3/28/24
15 Year Cash-out Refi 6.13% 3/28/24
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

2,852

Origination Dollar Volume (All Markets)

$1,512,090,000

Awards

MORTGAGE CAPITAL PARTNERS 30 Year Conventional Loans silver MORTGAGE CAPITAL PARTNERS 30 Year Conventional Loans bronze MORTGAGE CAPITAL PARTNERS FHA Loans bronze
Show all (3) awards

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) 2,427 $1,329,995,000 $548,000 $5,476 3.21%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 79 $39,205,000 $496,266 $5,261 3.12%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 108 $38,520,000 $356,667 $4,833 3.09%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 34 $20,440,000 $601,176 $5,871 3.14%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 45 $17,785,000 $395,222 $2,740 3.04%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 33 $17,325,000 $525,000 $4,618 3.33%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 16 $9,440,000 $590,000 $4,284 3.19%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 19 $7,415,000 $390,263 $4,333 3.03%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 13 $3,555,000 $273,462 $6,029 3.10%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 7 $3,435,000 $490,714 $5,227 3.07%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $3,195,000 $639,000 $6,401 3.06%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 7 $2,695,000 $385,000 $5,073 2.95%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $2,635,000 $527,000 $4,657 3.41%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 4 $1,740,000 $435,000 $4,006 3.16%
Outside of Metro Areas 3 $1,305,000 $435,000 $4,246 3.25%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 4 $1,170,000 $292,500 $2,349 3.12%
NAPA, CA (FHA|USDA|VA) 2 $1,000,000 $500,000 $5,588 3.19%
SALINAS, CA (FHA|USDA|VA) 3 $965,000 $321,667 $4,668 2.75%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $915,000 $183,000 $3,777 2.83%
BAKERSFIELD, CA (FHA|USDA|VA) 4 $880,000 $220,000 $4,050 3.22%
FRESNO, CA (FHA|USDA|VA) 2 $820,000 $410,000 $4,118 3.44%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $785,000 $785,000 $9,451 3.25%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $780,000 $390,000 $5,578 3.00%
STOCKTON, CA (FHA|USDA|VA) 2 $770,000 $385,000 $4,333 3.50%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $645,000 $645,000 $6,255 2.88%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $530,000 $265,000 $4,371 2.38%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $515,000 $171,667 $5,670 3.42%
WENATCHEE, WA (FHA|USDA|VA) 1 $515,000 $515,000 $2,897 2.25%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $330,000 $165,000 $7,799 3.31%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $325,000 $325,000 $3,462 3.63%
REDDING, CA (FHA|USDA|VA) 1 $325,000 $325,000 $3,252 3.25%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $295,000 $295,000 $3,099 2.75%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $285,000 $285,000 $7,970 3.00%
Pottsville, PA (FHA|USDA|VA) 1 $245,000 $245,000 $6,874 3.50%
LANCASTER, PA (FHA|USDA|VA) 1 $195,000 $195,000 $3,744 2.88%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,085 3.63%
PITTSBURGH, PA (FHA|USDA|VA) 1 $185,000 $185,000 $4,658 3.00%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $2,684 2.63%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $3,588 3.00%
Crescent City, CA (FHA|USDA|VA) 1 $155,000 $155,000 $3,150 2.75%
READING, PA (FHA|USDA|VA) 1 $135,000 $135,000 $4,113 3.00%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,895 2.50%
Mortgage Capital Partners's top markets include Los Angeles, Oxnard, Riverside, San Francisco, and Washington among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)
  • Similar Lenders

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,822 $1,497,580,000 $530,680 $5,276 3.20%
    FHA 26 $12,050,000 $463,462 $13,319 3.02%
    VA 4 $2,460,000 $615,000 $16,658 3.22%

    For 2020, Mortgage Capital Partners's most frequently originated type of loan was Conventional, with 2,822 originations. Their 2nd most popular type was FHA, with 26 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 2,079 $1,023,585,000 $492,345 $4,499 3.17%
    Home Purchase 773 $488,505,000 $631,960 $7,708 3.27%

    For 2020, Mortgage Capital Partners's most frequently cited loan purpose was Refi, with 2,079 originations. The 2nd most popular reason was Home Purchase, with 773 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,606 $1,423,180,000 $546,117 $5,494 3.24%
    15 Year 193 $68,485,000 $354,845 $4,099 2.71%
    20 Year 32 $11,490,000 $359,063 $3,686 3.02%
    Other 19 $8,275,000 $435,526 $3,779 3.16%
    10 Year 2 $660,000 $330,000 $2,736 2.88%

    For 2020, Mortgage Capital Partners's most frequently cited loan duration was 30 Year, with 2,606 originations. The 2nd most popular length was 15 Year, with 193 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,916 $980,240,000 $511,608
    $5k+ 319 $226,325,000 $709,483
    $2k-3k 284 $131,130,000 $461,725
    $3k-4k 173 $95,995,000 $554,884
    $4k-5k 108 $58,670,000 $543,241
    $<1k 43 $15,885,000 $369,419

    Mortgage Capital Partners's average total fees were $5,494, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,916 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,399 $810,495,000 $579,339
    2.5-3% 1,237 $588,615,000 $475,841
    4-5% 118 $73,970,000 $626,864
    <2.5% 90 $32,920,000 $365,778
    5-6% 8 $6,090,000 $761,250

    During 2020, Mortgage Capital Partners's average interest rate for loans was 3.24%, while their most frequently originated rate bucket for loans was 3-4%, with 1,399 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 1,174 $572,530,000 $487,675 $4,741 3.18%
    $200k-400k 789 $250,495,000 $317,484 $4,140 3.08%
    $600k-1MM 645 $473,795,000 $734,566 $7,311 3.35%
    $1MM+ 143 $199,055,000 $1,391,993 $9,555 3.41%
    $100k-200k 101 $16,215,000 $160,545 $3,831 3.04%

    2020 saw Mortgage Capital Partners place emphasis on $400k-600k loans with 1,174 originations, totaling $572,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 842 $393,550,000 $467,399 $4,960 3.17%
    $150k-250k 823 $464,095,000 $563,906 $5,583 3.23%
    $250k+ 519 $409,465,000 $788,950 $6,731 3.26%
    $75k-100k 414 $164,370,000 $397,029 $4,624 3.15%
    $50k-75k 210 $66,010,000 $314,333 $4,326 3.14%
    $50k or less 44 $14,600,000 $331,818 $4,957 3.15%

    Mortgage Capital Partners lent most frequently to those with incomes in the $100k-150k range, with 842 originations. The second most popular income band? $150k-250k, with 823 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 591 $313,845,000 $531,041 $5,126 3.13%
    30-36% 477 $265,135,000 $555,839 $5,245 3.18%
    <20% 202 $106,180,000 $525,644 $4,721 3.07%
    49% 140 $63,330,000 $452,357 $5,698 3.29%
    42% 125 $77,205,000 $617,640 $5,563 3.32%
    45% 125 $63,715,000 $509,720 $5,822 3.26%
    41% 119 $67,825,000 $569,958 $6,401 3.28%
    36% 118 $68,150,000 $577,542 $5,864 3.24%
    44% 111 $52,875,000 $476,351 $5,241 3.24%
    43% 104 $58,600,000 $563,462 $5,654 3.28%
    47% 102 $48,460,000 $475,098 $5,247 3.15%
    39% 101 $53,905,000 $533,713 $5,107 3.22%
    40% 99 $55,435,000 $559,949 $5,466 3.27%
    48% 98 $44,770,000 $456,837 $5,378 3.18%
    46% 93 $43,435,000 $467,043 $4,954 3.19%
    38% 88 $47,750,000 $542,614 $5,315 3.19%
    50-60% 78 $38,100,000 $488,462 $6,284 3.21%
    37% 78 $41,820,000 $536,154 $5,400 3.30%
    >60% 3 $1,555,000 $518,333 $4,869 2.96%

    Mortgage Capital Partners lent most frequently to those with DTI ratios of 20-30%, with 591 originations. The next most common DTI ratio? 30-36%, with 477 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,010 $1,060,990,000 $527,856 $5,328 3.21%
    Not provided 591 $329,715,000 $557,893 $5,631 3.21%
    Asian 198 $90,950,000 $459,343 $4,855 3.06%
    Black 30 $17,720,000 $590,667 $5,953 3.17%
    Native Hawaiian or Islander 17 $9,295,000 $546,765 $5,627 3.19%
    American Indian 5 $2,425,000 $485,000 $5,362 3.18%
    Other Asian 1 $995,000 $995,000 $3,869 3.55%

    Approval Rates

    Total approvals of all applications
    99.75%

    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
    59.40%

    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 2,852 $1,512,090,000 $530,186

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 2,852 $1,512,090,000 $530,186

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 444 $177,680,000 $400,180 $4,465 2.99%
    40-60% 787 $391,805,000 $497,846 $4,630 3.13%
    60-80% 1,117 $659,505,000 $590,425 $5,627 3.30%
    80-100% 427 $258,105,000 $604,461 $7,136 3.30%
    Under 20% 77 $24,995,000 $324,610 $4,466 2.88%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    MORTGAGE CENTER, LC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 40.0%
    MORTGAGE CENTER, LC Conventional home mortgage Trouble during payment process 1 20.0%
    MORTGAGE CENTER, LC Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 20.0%
    MORTGAGE CENTER, LC Conventional home mortgage Closing on a mortgage 1 20.0%