Network Capital Funding Corporation Mortgage Rates, Fees & Info

Carson City, NV

LEI: 549300GQDT484LGI9C04

Tax ID: 47-0873092

2.3 stars - Updated: 12/16/24 - out of 5 stars, based on 30 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Network Capital Funding Corporation is a smaller mortgage company specializing in Cash Out Refi loans. Network Capital Funding Corporation has a high proportion of conventional loans. They have a a high proportion of FHA loans. Their top markets by origination volume include: Miami, New York, Los Angeles, Riverside, and Tampa among others. We have data for 208 markets. (Some data included below & more in-depth data is available with an active subscription.)

Network Capital Funding Corporation has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Network Capital Funding Corporation 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 6.88% 12/16/24
30 Year Conventional Refi 6.57% 12/16/24
30 Year Cash-out Refi 6.99% 12/16/24
30 Year FHA Purchase 7.22% 12/16/24
30 Year FHA Refi 7.06% 12/16/24
30 Year VA Purchase 6.09% 12/16/24
30 Year VA Refi 5.78% 12/16/24
15 Year Conventional Purchase 6.09% 12/16/24
15 Year Conventional Refi 6.08% 12/16/24
15 Year Cash-out Refi 6.08% 12/16/24
15 Year FHA Purchase 5.68% 12/16/24
15 Year FHA Refi 7.05% 12/16/24
15 Year VA Purchase 5.68% 12/16/24
15 Year VA Refi 5.88% 12/16/24
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.

Network Capital Funding Corporation Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Network Capital Funding Corporation. 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

903

Origination Dollar Volume (All Markets)

$235,555,000
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Relative Rate

Network Capital Funding Corporation's average 30 year fixed mortgage rate was 6.61%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.13%.

Relative Fees (Closing Costs)

Network Capital Funding Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $11,414.

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
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 74 $23,890,000 $322,838 $12,760 6.79%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 61 $21,415,000 $351,066 $14,248 6.67%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 52 $17,210,000 $330,962 $15,563 8.17%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 47 $12,075,000 $256,915 $11,351 7.70%
Outside of Metro Areas 38 $8,310,000 $218,684 $9,682 6.37%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 33 $7,735,000 $234,394 $10,990 6.51%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 19 $7,075,000 $372,368 $13,078 6.57%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 32 $6,850,000 $214,063 $11,662 8.20%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 14 $4,930,000 $352,143 $15,245 6.32%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 15 $4,875,000 $325,000 $12,896 7.33%
JACKSONVILLE, FL (FHA|USDA|VA) 20 $4,590,000 $229,500 $13,099 6.38%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 20 $3,950,000 $197,500 $8,391 7.26%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 11 $3,925,000 $356,818 $15,908 6.05%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 8 $3,460,000 $432,500 $15,212 7.63%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 14 $3,380,000 $241,429 $12,694 7.80%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 14 $3,210,000 $229,286 $8,596 6.63%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $3,110,000 $388,750 $15,942 6.81%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 8 $2,600,000 $325,000 $11,517 5.95%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 12 $2,540,000 $211,667 $8,196 7.03%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 12 $2,490,000 $207,500 $9,721 6.31%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 12 $2,410,000 $200,833 $9,121 7.33%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 9 $2,185,000 $242,778 $5,806 6.58%
STOCKTON, CA (FHA|USDA|VA) 5 $2,005,000 $401,000 $16,964 6.10%
BAKERSFIELD, CA (FHA|USDA|VA) 9 $1,995,000 $221,667 $12,061 6.22%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 13 $1,975,000 $151,923 $7,683 6.93%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $1,825,000 $260,714 $11,994 6.52%
COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,600,000 $400,000 $7,781 6.19%
TALLAHASSEE, FL (FHA|USDA|VA) 5 $1,595,000 $319,000 $12,410 6.48%
FRESNO, CA (FHA|USDA|VA) 5 $1,575,000 $315,000 $11,785 6.25%
TUCSON, AZ (FHA|USDA|VA) 8 $1,380,000 $172,500 $8,234 6.48%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,360,000 $340,000 $14,156 6.41%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 7 $1,315,000 $187,857 $8,583 7.20%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $1,305,000 $145,000 $8,026 8.54%
VALLEJO, CA (FHA|USDA|VA) 4 $1,290,000 $322,500 $12,048 6.28%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 4 $1,100,000 $275,000 $13,578 6.19%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,065,000 $213,000 $8,761 6.40%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 3 $1,055,000 $351,667 $5,288 5.83%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $1,010,000 $252,500 $8,004 7.22%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $1,005,000 $335,000 $13,134 7.17%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $985,000 $197,000 $7,611 6.45%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $980,000 $245,000 $9,242 6.81%
MODESTO, CA (FHA|USDA|VA) 3 $975,000 $325,000 $5,394 5.92%
SALINAS, CA (FHA|USDA|VA) 2 $930,000 $465,000 $13,013 7.56%
PORT ST. LUCIE, FL (FHA|USDA|VA) 4 $910,000 $227,500 $9,190 6.44%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $860,000 $215,000 $12,764 7.69%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $830,000 $207,500 $10,926 7.09%
OKLAHOMA CITY, OK (FHA|USDA|VA) 5 $815,000 $163,000 $8,792 6.30%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $815,000 $163,000 $8,921 7.44%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $815,000 $271,667 $6,423 6.71%
WACO, TX (FHA|USDA|VA) 2 $810,000 $405,000 $10,830 5.31%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $770,000 $192,500 $9,026 9.66%
MERCED, CA (FHA|USDA|VA) 4 $760,000 $190,000 $8,419 6.69%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $725,000 $241,667 $11,113 6.04%
PITTSBURGH, PA (FHA|USDA|VA) 3 $725,000 $241,667 $9,654 7.04%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $725,000 $725,000 $24,640 6.75%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $690,000 $172,500 $6,704 6.56%
CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $685,000 $228,333 $8,470 6.13%
Key West, FL (FHA|USDA|VA) 2 $650,000 $325,000 $10,764 6.94%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $650,000 $325,000 $9,988 5.69%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $640,000 $320,000 $16,757 5.94%
WENATCHEE, WA (FHA|USDA|VA) 1 $635,000 $635,000 $20,481 6.88%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $625,000 $208,333 $12,392 6.83%
MADERA, CA (FHA|USDA|VA) 2 $620,000 $310,000 $14,208 6.25%
RICHMOND, VA (FHA|USDA|VA) 4 $610,000 $152,500 $7,402 7.06%
Cookeville, TN (FHA|USDA|VA) 1 $605,000 $605,000 $21,087 5.75%
OCALA, FL (FHA|USDA|VA) 5 $605,000 $121,000 $7,202 6.98%
Sonora, CA (FHA|USDA|VA) 2 $600,000 $300,000 $15,989 5.88%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $595,000 $198,333 $9,220 6.75%
Oak Harbor, WA (FHA|USDA|VA) 1 $595,000 $595,000 $13,330 5.63%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $590,000 $295,000 $11,317 6.38%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $570,000 $285,000 $19,020 5.56%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $565,000 $188,333 $12,007 5.67%
ABILENE, TX (FHA|USDA|VA) 3 $535,000 $178,333 $6,389 6.83%
EL PASO, TX (FHA|USDA|VA) 3 $525,000 $175,000 $8,732 6.25%
WICHITA, KS (FHA|USDA|VA) 2 $520,000 $260,000 $5,485 6.88%
COLUMBIA, SC (FHA|USDA|VA) 2 $520,000 $260,000 $5,015 5.44%
Dayton, TN (FHA|USDA|VA) 1 $515,000 $515,000 $16,459 6.38%
Roseburg, OR (FHA|USDA|VA) 2 $490,000 $245,000 $11,811 5.13%
VISALIA, CA (FHA|USDA|VA) 3 $485,000 $161,667 $8,866 8.25%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $485,000 $485,000 $18,452 5.25%
Cullowhee, NC (FHA|USDA|VA) 1 $475,000 $475,000 $22,039 5.25%
BOISE CITY, ID (FHA|USDA|VA) 1 $475,000 $475,000 $7,136 7.75%
Helena, MT (FHA|USDA|VA) 1 $465,000 $465,000 $10,610 5.50%
Clewiston, FL (FHA|USDA|VA) 2 $460,000 $230,000 $9,372 6.25%
JACKSON, MI (FHA|USDA|VA) 1 $455,000 $455,000 $30,728 6.13%
SALEM, OR (FHA|USDA|VA) 2 $450,000 $225,000 $10,990 6.56%
DECATUR, AL (FHA|USDA|VA) 2 $430,000 $215,000 $9,635 6.00%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $425,000 $425,000 $12,719 6.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $425,000 $141,667 $13,577 9.13%
Safford, AZ (FHA|USDA|VA) 3 $425,000 $141,667 $12,575 7.83%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $415,000 $415,000 $2,869 7.00%
Mountain Home, AR (FHA|USDA|VA) 1 $415,000 $415,000 $5,470 6.75%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $405,000 $405,000 $7,197 6.63%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $405,000 $405,000 $12,745 6.63%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $400,000 $200,000 $9,120 6.38%
Bellefontaine, OH (FHA|USDA|VA) 1 $385,000 $385,000 $20,366 5.13%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $380,000 $190,000 $8,834 5.75%
KNOXVILLE, TN (FHA|USDA|VA) 2 $370,000 $185,000 $6,767 6.06%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $370,000 $185,000 $9,320 6.56%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $365,000 $365,000 $7,160 5.63%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 3 $365,000 $121,667 $7,631 7.13%
Boone, NC (FHA|USDA|VA) 1 $355,000 $355,000 $11,221 7.50%
PUEBLO, CO (FHA|USDA|VA) 1 $355,000 $355,000 $8,252 7.00%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $355,000 $355,000 $12,279 5.75%
Traverse City, MI (FHA|USDA|VA) 1 $355,000 $355,000 $11,665 5.25%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $350,000 $175,000 $8,680 9.50%
BATON ROUGE, LA (FHA|USDA|VA) 1 $345,000 $345,000 $18,837 5.25%
Edwards, CO (FHA|USDA|VA) 1 $345,000 $345,000 $12,068 6.13%
GOLDSBORO, NC (FHA|USDA|VA) 1 $345,000 $345,000 $23,603 5.63%
EL CENTRO, CA (FHA|USDA|VA) 2 $340,000 $170,000 $7,975 5.88%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $340,000 $170,000 $8,831 7.19%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $340,000 $170,000 $10,781 7.00%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $335,000 $335,000 $12,683 7.38%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $335,000 $335,000 $10,499 5.88%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $325,000 $325,000 $3,310 7.63%
Easton, MD (FHA|USDA|VA) 1 $325,000 $325,000 $16,707 6.13%
TERRE HAUTE, IN (FHA|USDA|VA) 2 $320,000 $160,000 $3,968 6.44%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $320,000 $160,000 $6,499 7.00%
PANAMA CITY, FL (FHA|USDA|VA) 1 $305,000 $305,000 $13,516 6.75%
MANSFIELD, OH (FHA|USDA|VA) 1 $305,000 $305,000 $17,821 6.00%
LONGVIEW, TX (FHA|USDA|VA) 2 $300,000 $150,000 $8,108 6.81%
JOHNSTOWN, PA (FHA|USDA|VA) 2 $300,000 $150,000 $9,295 6.13%
JACKSON, MS (FHA|USDA|VA) 1 $285,000 $285,000 $10,388 5.88%
ROCKFORD, IL (FHA|USDA|VA) 2 $280,000 $140,000 $8,477 6.00%
Searcy, AR (FHA|USDA|VA) 1 $275,000 $275,000 $13,790 5.75%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $275,000 $275,000 $9,248 6.00%
Palatka, FL (FHA|USDA|VA) 1 $275,000 $275,000 $8,099 7.00%
Hermiston-Pendleton, OR (FHA|USDA|VA) 2 $270,000 $135,000 $7,858 6.50%
Aberdeen, WA (FHA|USDA|VA) 1 $265,000 $265,000 $13,766 5.50%
FORT WAYNE, IN (FHA|USDA|VA) 2 $260,000 $130,000 $5,619 6.94%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $255,000 $255,000 $9,706 5.38%
THE VILLAGES, FL (FHA|USDA|VA) 1 $255,000 $255,000 $10,144 6.75%
Olean, NY (FHA|USDA|VA) 1 $245,000 $245,000 $10,124 5.75%
LYNCHBURG, VA (FHA|USDA|VA) 1 $245,000 $245,000 $17,624 6.25%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $245,000 $245,000 $14,784 5.75%
LOUISVILLE, KY (FHA|USDA|VA) 1 $245,000 $245,000 $13,358 5.75%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $240,000 $120,000 $6,156 6.38%
Shelby, NC (FHA|USDA|VA) 1 $235,000 $235,000 $19,824 5.88%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $235,000 $235,000 $17,125 6.00%
LAWRENCE, KS (FHA|USDA|VA) 1 $235,000 $235,000 $12,259 5.25%
Wauchula, FL (FHA|USDA|VA) 1 $225,000 $225,000 $8,608 7.25%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $225,000 $225,000 $4,139 7.00%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $220,000 $110,000 $7,000 6.81%
Centralia, WA (FHA|USDA|VA) 1 $215,000 $215,000 $7,745 6.38%
LANCASTER, PA (FHA|USDA|VA) 1 $215,000 $215,000 $12,597 5.38%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $215,000 $215,000 $3,133 7.63%
GREEN BAY, WI (FHA|USDA|VA) 1 $215,000 $215,000 $7,137 6.00%
FORT COLLINS, CO (FHA|USDA|VA) 1 $215,000 $215,000 $8,057 5.38%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $215,000 $215,000 $11,688 6.63%
Stephenville, TX (FHA|USDA|VA) 1 $205,000 $205,000 $8,522 5.75%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $205,000 $205,000 $8,025 5.38%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $205,000 $205,000 $11,812 5.13%
HATTIESBURG, MS (FHA|USDA|VA) 1 $205,000 $205,000 $1,414 6.63%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $205,000 $205,000 $11,544 5.00%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $195,000 $195,000 $12,514 5.25%
Newport, OR (FHA|USDA|VA) 1 $195,000 $195,000 $8,083 7.25%
Coldwater, MI (FHA|USDA|VA) 1 $195,000 $195,000 $11,045 5.63%
Bogalusa, LA (FHA|USDA|VA) 1 $195,000 $195,000 $8,252 5.13%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $195,000 $195,000 $4,589 6.00%
BURLINGTON, NC (FHA|USDA|VA) 2 $190,000 $95,000 $0 9.38%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $185,000 $185,000 $6,591 6.75%
Outside of Metro Areas 1 $185,000 $185,000 $11,254 6.50%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $185,000 $185,000 $10,619 6.88%
AMARILLO, TX (FHA|USDA|VA) 1 $185,000 $185,000 $7,695 5.88%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $185,000 $185,000 $4,079 5.75%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $175,000 $175,000 $10,217 6.13%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $175,000 $175,000 $1,550 5.63%
LONGVIEW, WA (FHA|USDA|VA) 1 $175,000 $175,000 $9,814 6.25%
Forest City, NC (FHA|USDA|VA) 1 $165,000 $165,000 $7,288 7.63%
ASHEVILLE, NC (FHA|USDA|VA) 1 $165,000 $165,000 $9,842 6.50%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $165,000 $165,000 $6,787 6.13%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $160,000 $80,000 $4,675 9.00%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $155,000 $155,000 $9,273 5.63%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $155,000 $155,000 $2,283 6.13%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $155,000 $155,000 $6,434 7.25%
Georgetown, SC (FHA|USDA|VA) 1 $155,000 $155,000 $9,701 6.25%
Coos Bay, OR (FHA|USDA|VA) 1 $155,000 $155,000 $9,289 6.25%
TULSA, OK (FHA|USDA|VA) 1 $155,000 $155,000 $2,563 6.50%
Athens, OH (FHA|USDA|VA) 1 $145,000 $145,000 $4,694 7.00%
Henderson, NC (FHA|USDA|VA) 1 $145,000 $145,000 $9,027 5.75%
SYRACUSE, NY (FHA|USDA|VA) 1 $145,000 $145,000 $5,946 6.75%
Emporia, KS (FHA|USDA|VA) 1 $145,000 $145,000 $8,870 9.88%
Hilo, HI (FHA|USDA|VA) 1 $145,000 $145,000 $8,714 7.13%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $145,000 $145,000 $8,981 6.75%
Hillsdale, MI (FHA|USDA|VA) 1 $135,000 $135,000 $6,817 7.13%
CaƱon City, CO (FHA|USDA|VA) 1 $135,000 $135,000 $8,262 5.50%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $135,000 $135,000 $8,185 5.63%
Batavia, NY (FHA|USDA|VA) 1 $125,000 $125,000 $5,953 7.63%
Show Low, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $6,943 6.13%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $125,000 $125,000 $7,414 5.50%
ALBANY, GA (FHA|USDA|VA) 1 $115,000 $115,000 $6,885 5.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $105,000 $105,000 $7,019 6.75%
GREENVILLE, NC (FHA|USDA|VA) 1 $105,000 $105,000 $5,452 7.63%
Hastings, NE (FHA|USDA|VA) 1 $105,000 $105,000 $5,255 6.88%
CHICO, CA (FHA|USDA|VA) 1 $105,000 $105,000 $7,424 6.75%
MUSKEGON, MI (FHA|USDA|VA) 1 $105,000 $105,000 $4,725 6.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $105,000 $105,000 $4,736 7.13%
Meridian, MS (FHA|USDA|VA) 1 $105,000 $105,000 $5,095 6.25%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $105,000 $105,000 $5,841 8.13%
BINGHAMTON, NY (FHA|USDA|VA) 1 $95,000 $95,000 $5,399 7.63%
MOBILE, AL (FHA|USDA|VA) 1 $95,000 $95,000 $5,150 6.75%
London, KY (FHA|USDA|VA) 1 $95,000 $95,000 $6,345 6.75%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $95,000 $95,000 $5,042 7.63%
Huntingdon, PA (FHA|USDA|VA) 1 $85,000 $85,000 $6,524 7.13%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $75,000 $75,000 $0 11.25%
Minot, ND (FHA|USDA|VA) 1 $55,000 $55,000 $3,518 7.13%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $55,000 $55,000 $0 12.25%
YUBA CITY, CA (FHA|USDA|VA) 1 $35,000 $35,000 $0 12.25%
Network Capital Funding Corporation's top markets include Miami, New York, Los Angeles, Riverside, and Tampa among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 425 $114,335,000 $269,024 $8,888 7.01%
    FHA 298 $77,900,000 $261,409 $13,692 6.12%
    VA 123 $38,885,000 $316,138 $12,551 5.99%
    HELOC 57 $4,435,000 $77,807 n/a 12.12%

    For 2023, Network Capital Funding Corporation's most frequently originated type of loan was Conventional, with 425 originations. Their 2nd most popular type was FHA, with 298 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 730 $179,560,000 $245,973 $11,809 7.01%
    Refi 96 $25,490,000 $265,521 $6,469 6.27%
    Home Purchase 77 $30,505,000 $396,169 $11,537 6.60%

    For 2023, Network Capital Funding Corporation's most frequently cited loan purpose was Cash Out Refi, with 730 originations. The 2nd most popular reason was Refi, with 96 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 789 $218,535,000 $276,977 $11,414 6.61%
    20 Year 85 $9,715,000 $114,294 $7,071 9.92%
    15 Year 23 $6,295,000 $273,696 $10,041 5.74%
    10 Year 4 $620,000 $155,000 $7,553 5.97%
    Other 2 $390,000 $195,000 $7,505 6.69%

    For 2023, Network Capital Funding Corporation's most frequently cited loan duration was 30 Year, with 789 originations. The 2nd most popular length was 20 Year, with 85 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 491 $167,045,000 $340,214
    $3k-4k 94 $13,590,000 $144,574
    $2k-3k 80 $8,920,000 $111,500
    $4k-5k 80 $15,000,000 $187,500
    $<1k 74 $21,060,000 $284,595
    $1k-2k 16 $3,450,000 $215,625

    Network Capital Funding Corporation's average total fees were $11,414, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 491 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 337 $91,565,000 $271,706
    5-6% 277 $83,605,000 $301,823
    7-8% 171 $38,325,000 $224,123
    Over 8% 100 $15,880,000 $158,800
    4-5% 18 $6,180,000 $343,333

    During 2023, Network Capital Funding Corporation's average interest rate for loans was 6.61%, while their most frequently originated rate bucket for loans was 6-7%, with 337 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 360 $100,280,000 $278,556 $11,781 6.45%
    $100k-200k 292 $42,010,000 $143,870 $7,169 6.83%
    $400k-600k 123 $58,075,000 $472,154 $15,689 6.11%
    $100,000 or less 90 $6,410,000 $71,222 $4,909 10.03%
    $600k-1MM 36 $26,340,000 $731,667 $24,521 6.77%
    $1MM+ 2 $2,440,000 $1,220,000 $51,615 6.63%

    2023 saw Network Capital Funding Corporation place emphasis on $200k-400k loans with 360 originations, totaling $100,280,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 222 $45,730,000 $205,991 $10,121 6.71%
    $50k or less 188 $27,120,000 $144,255 $7,901 6.55%
    $75k-100k 179 $46,495,000 $259,749 $11,866 6.98%
    $100k-150k 175 $57,215,000 $326,943 $13,180 7.13%
    $150k-250k 87 $37,615,000 $432,356 $15,435 7.18%
    $250k+ 28 $15,280,000 $545,714 $17,065 7.39%

    Network Capital Funding Corporation lent most frequently to those with incomes in the $50k-75k range, with 222 originations. The second most popular income band? $50k or less, with 188 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 151 $44,265,000 $293,146 $14,307 6.24%
    30-36% 103 $23,745,000 $230,534 $9,285 6.97%
    20-30% 73 $15,785,000 $216,233 $8,833 7.46%
    49% 70 $21,000,000 $300,000 $12,284 6.70%
    44% 61 $17,725,000 $290,574 $12,394 6.54%
    <20% 47 $11,545,000 $245,638 $7,649 7.96%
    48% 46 $12,240,000 $266,087 $10,423 6.71%
    47% 40 $11,490,000 $287,250 $12,441 6.97%
    45% 39 $10,175,000 $260,897 $10,480 6.76%
    39% 37 $9,225,000 $249,324 $10,229 7.71%
    41% 34 $7,850,000 $230,882 $10,012 7.47%
    43% 33 $9,255,000 $280,455 $10,458 6.68%
    38% 31 $7,855,000 $253,387 $9,526 7.11%
    46% 31 $7,645,000 $246,613 $11,676 6.69%
    42% 30 $7,030,000 $234,333 $10,795 7.00%
    40% 29 $7,055,000 $243,276 $10,531 6.78%
    37% 24 $5,890,000 $245,417 $9,358 7.01%
    36% 20 $4,430,000 $221,500 $9,423 7.05%
    >60% 4 $1,350,000 $337,500 $20,959 6.69%

    Network Capital Funding Corporation lent most frequently to those with DTI ratios of 50-60%, with 151 originations. The next most common DTI ratio? 30-36%, with 103 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 563 $149,705,000 $265,906 $11,262 6.98%
    Not provided 214 $52,080,000 $243,364 $10,404 6.73%
    Black 103 $27,045,000 $262,573 $11,768 6.72%
    Asian 19 $5,775,000 $303,947 $13,072 7.24%
    American Indian 3 $735,000 $245,000 $14,878 7.83%
    Native Hawaiian or Islander 1 $215,000 $215,000 $15,256 6.63%

    Approval Rates

    Total approvals of all applications
    71.92%

    Network Capital Funding Corporation has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    -1,194.57%

    Network Capital Funding Corporation 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
    11266.5 1 $245,000 $245,000
    1493.86 1 $55,000 $55,000
    2100.0 1 $75,000 $75,000
    2500.0 4 $220,000 $55,000
    3321.75 1 $75,000 $75,000
    3620.0 1 $75,000 $75,000
    4245.0 1 $85,000 $85,000
    5147.0 1 $95,000 $95,000
    NA 892 $234,630,000 $263,038

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    903 $235,555,000 $260,858

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 98 $17,800,000 $181,633 $8,331 7.23%
    40-60% 173 $42,925,000 $248,121 $9,567 6.55%
    60-80% 368 $105,280,000 $286,087 $11,819 6.56%
    80-100% 186 $61,900,000 $332,796 $13,251 6.15%
    Over 100% 1 $365,000 $365,000 $14,325 5.50%
    Under 20% 77 $7,285,000 $94,610 $6,060 10.67%