Network Capital Funding Corporation Mortgage Rates, Fees & Info

Carson City, NV

LEI: 549300GQDT484LGI9C04

Tax ID: 47-0873092

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 and Refi loans. Network Capital Funding Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Washington, Los Angeles, Sacramento, San Francisco, and Riverside among others. We have data for 150 markets. (Some data included below & more in-depth data is available with an active subscription.)

Network Capital Funding Corporation has a below 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 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 6.88% 4/22/24
30 Year Conventional Refi 6.57% 4/22/24
30 Year Cash-out Refi 6.99% 4/22/24
30 Year FHA Purchase 7.22% 4/22/24
30 Year FHA Refi 7.06% 4/22/24
30 Year VA Purchase 6.09% 4/22/24
30 Year VA Refi 5.78% 4/22/24
15 Year Conventional Purchase 6.09% 4/22/24
15 Year Conventional Refi 6.08% 4/22/24
15 Year Cash-out Refi 6.08% 4/22/24
15 Year FHA Purchase 5.68% 4/22/24
15 Year FHA Refi 7.05% 4/22/24
15 Year VA Purchase 5.68% 4/22/24
15 Year VA Refi 5.88% 4/22/24
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

1,194

Origination Dollar Volume (All Markets)

$333,850,000
Show all (11) 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
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 220 $70,890,000 $322,227 $5,975 4.64%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 103 $37,555,000 $364,612 $7,230 4.66%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 74 $21,960,000 $296,757 $4,495 4.56%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 40 $17,550,000 $438,750 $5,885 4.63%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 56 $15,650,000 $279,464 $5,483 4.65%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 53 $12,805,000 $241,604 $5,251 4.66%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 29 $11,425,000 $393,966 $7,941 4.57%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 42 $8,880,000 $211,429 $5,834 4.61%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 25 $7,725,000 $309,000 $6,188 4.63%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 17 $6,995,000 $411,471 $8,262 4.68%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 34 $6,690,000 $196,765 $4,576 4.81%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 19 $5,855,000 $308,158 $6,022 4.70%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 20 $5,680,000 $284,000 $6,464 4.78%
VALLEJO, CA (FHA|USDA|VA) 14 $4,960,000 $354,286 $6,912 4.36%
RICHMOND, VA (FHA|USDA|VA) 23 $4,385,000 $190,652 $3,949 4.95%
Outside of Metro Areas 22 $3,610,000 $164,091 $4,549 4.59%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 19 $3,325,000 $175,000 $4,898 4.88%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 7 $2,925,000 $417,857 $5,251 4.59%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 10 $2,890,000 $289,000 $8,402 4.78%
STOCKTON, CA (FHA|USDA|VA) 14 $2,750,000 $196,429 $2,931 4.65%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 9 $2,445,000 $271,667 $5,890 4.50%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 6 $2,340,000 $390,000 $4,875 4.06%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 7 $2,285,000 $326,429 $8,620 4.52%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 12 $2,180,000 $181,667 $6,118 4.76%
CHICO, CA (FHA|USDA|VA) 9 $2,155,000 $239,444 $6,498 4.65%
BAKERSFIELD, CA (FHA|USDA|VA) 9 $2,045,000 $227,222 $7,176 4.54%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 6 $1,950,000 $325,000 $3,013 4.42%
TUCSON, AZ (FHA|USDA|VA) 8 $1,850,000 $231,250 $6,430 4.66%
SALEM, OR (FHA|USDA|VA) 7 $1,825,000 $260,714 $5,958 4.39%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 8 $1,820,000 $227,500 $6,304 5.13%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 11 $1,815,000 $165,000 $6,070 4.60%
WINCHESTER, VA-WV (FHA|USDA|VA) 8 $1,810,000 $226,250 $3,841 4.53%
MODESTO, CA (FHA|USDA|VA) 10 $1,790,000 $179,000 $5,776 4.86%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 4 $1,770,000 $442,500 $4,841 4.38%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $1,695,000 $188,333 $4,603 4.60%
PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $1,560,000 $260,000 $5,164 4.79%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 5 $1,525,000 $305,000 $8,334 4.78%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $1,385,000 $277,000 $5,497 4.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 6 $1,240,000 $206,667 $4,088 4.60%
VISALIA, CA (FHA|USDA|VA) 6 $1,230,000 $205,000 $5,470 4.81%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 5 $1,205,000 $241,000 $5,014 4.60%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $1,155,000 $231,000 $6,029 5.18%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,080,000 $270,000 $11,442 4.38%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $1,055,000 $211,000 $4,640 4.28%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 4 $940,000 $235,000 $2,748 4.66%
Centralia, WA (FHA|USDA|VA) 4 $860,000 $215,000 $6,370 4.94%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 6 $850,000 $141,667 $4,671 4.98%
YUBA CITY, CA (FHA|USDA|VA) 4 $810,000 $202,500 $6,994 4.66%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $785,000 $261,667 $4,901 4.25%
PANAMA CITY, FL (FHA|USDA|VA) 2 $760,000 $380,000 $3,571 4.69%
FRESNO, CA (FHA|USDA|VA) 5 $735,000 $147,000 $4,925 5.00%
GREELEY, CO (FHA|USDA|VA) 3 $735,000 $245,000 $2,662 4.21%
TALLAHASSEE, FL (FHA|USDA|VA) 3 $735,000 $245,000 $10,375 4.71%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $725,000 $241,667 $2,951 4.33%
MERCED, CA (FHA|USDA|VA) 3 $725,000 $241,667 $9,806 4.79%
SALINAS, CA (FHA|USDA|VA) 2 $720,000 $360,000 $1,395 4.75%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $715,000 $238,333 $6,129 4.54%
MEDFORD, OR (FHA|USDA|VA) 2 $700,000 $350,000 $6,115 4.19%
GRANTS PASS, OR (FHA|USDA|VA) 2 $690,000 $345,000 $5,537 4.25%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $640,000 $160,000 $3,126 4.84%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $625,000 $208,333 $6,556 4.58%
Shelton, WA (FHA|USDA|VA) 2 $620,000 $310,000 $4,097 4.38%
Prineville, OR (FHA|USDA|VA) 1 $605,000 $605,000 $14,771 4.25%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $600,000 $300,000 $11,037 5.00%
NAPA, CA (FHA|USDA|VA) 2 $590,000 $295,000 $4,731 4.81%
PITTSBURGH, PA (FHA|USDA|VA) 2 $580,000 $290,000 $5,756 3.94%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $575,000 $191,667 $8,835 4.33%
KNOXVILLE, TN (FHA|USDA|VA) 3 $545,000 $181,667 $9,022 5.00%
ROANOKE, VA (FHA|USDA|VA) 4 $540,000 $135,000 $4,795 4.94%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $535,000 $178,333 $2,290 4.29%
Key West, FL (FHA|USDA|VA) 1 $525,000 $525,000 $0 7.80%
FORT COLLINS, CO (FHA|USDA|VA) 2 $510,000 $255,000 $1,361 4.31%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $510,000 $255,000 $5,252 4.56%
Oak Harbor, WA (FHA|USDA|VA) 1 $505,000 $505,000 $6,034 4.25%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $490,000 $245,000 $5,789 4.63%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $485,000 $161,667 $2,881 4.25%
BELLINGHAM, WA (FHA|USDA|VA) 2 $460,000 $230,000 $3,269 4.81%
Show Low, AZ (FHA|USDA|VA) 2 $450,000 $225,000 $3,864 4.44%
Granbury, TX (FHA|USDA|VA) 2 $440,000 $220,000 $7,158 5.19%
EL PASO, TX (FHA|USDA|VA) 2 $440,000 $220,000 $5,066 4.25%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $425,000 $425,000 $5,785 5.50%
Ukiah, CA (FHA|USDA|VA) 1 $405,000 $405,000 $9,834 4.88%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $400,000 $200,000 $6,992 4.44%
Sonora, CA (FHA|USDA|VA) 2 $380,000 $190,000 $5,002 4.81%
LYNCHBURG, VA (FHA|USDA|VA) 2 $380,000 $190,000 $2,175 4.69%
YUMA, AZ (FHA|USDA|VA) 2 $370,000 $185,000 $1,743 4.19%
MADERA, CA (FHA|USDA|VA) 2 $360,000 $180,000 $3,212 4.56%
Port Angeles, WA (FHA|USDA|VA) 2 $350,000 $175,000 $6,471 5.44%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $325,000 $325,000 $11,233 4.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $320,000 $160,000 $5,358 4.94%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $320,000 $160,000 $3,303 4.75%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $315,000 $315,000 $4,208 4.88%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $315,000 $315,000 $8,417 5.25%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $315,000 $315,000 $6,829 4.38%
Roseburg, OR (FHA|USDA|VA) 2 $300,000 $150,000 $6,626 5.44%
MOBILE, AL (FHA|USDA|VA) 1 $295,000 $295,000 $6,174 5.38%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $295,000 $295,000 $10,936 4.75%
CLEVELAND, TN (FHA|USDA|VA) 1 $295,000 $295,000 $6,980 5.50%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $295,000 $295,000 $7,679 5.00%
ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $290,000 $145,000 $3,132 4.81%
LAS CRUCES, NM (FHA|USDA|VA) 1 $285,000 $285,000 $8,779 4.50%
Spirit Lake, IA (FHA|USDA|VA) 1 $275,000 $275,000 $4,226 4.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $270,000 $135,000 $2,871 4.56%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $270,000 $135,000 $3,501 4.75%
BEND, OR (FHA|USDA|VA) 1 $265,000 $265,000 $6,912 4.25%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $245,000 $245,000 $5,756 5.63%
ODESSA, TX (FHA|USDA|VA) 1 $245,000 $245,000 $6,040 4.88%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $235,000 $235,000 $9,649 4.38%
FORT WAYNE, IN (FHA|USDA|VA) 2 $230,000 $115,000 $3,626 5.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $225,000 $225,000 $7,510 3.75%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $225,000 $225,000 $11,613 4.38%
Bedford, IN (FHA|USDA|VA) 1 $205,000 $205,000 $10,519 5.75%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $205,000 $205,000 $1,345 5.38%
COLUMBUS, OH (FHA|USDA|VA) 1 $195,000 $195,000 $2,320 3.75%
GREEN BAY, WI (FHA|USDA|VA) 1 $195,000 $195,000 $7,508 3.88%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $195,000 $195,000 $1,698 3.75%
Scottsboro, AL (FHA|USDA|VA) 1 $195,000 $195,000 $9,257 4.38%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $195,000 $195,000 $4,341 4.25%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $185,000 $185,000 $6,897 4.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $185,000 $185,000 $4,342 4.38%
Payson, AZ (FHA|USDA|VA) 1 $185,000 $185,000 $5,700 4.63%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $185,000 $185,000 $9,804 5.75%
TOLEDO, OH (FHA|USDA|VA) 1 $175,000 $175,000 $2,207 3.88%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $175,000 $175,000 $4,608 4.75%
ROCHESTER, MN (FHA|USDA|VA) 2 $170,000 $85,000 $4,432 5.81%
Enterprise, AL (FHA|USDA|VA) 1 $165,000 $165,000 $2,905 4.63%
GETTYSBURG, PA (FHA|USDA|VA) 1 $165,000 $165,000 $2,380 4.88%
Eufaula, AL-GA (FHA|USDA|VA) 1 $165,000 $165,000 $2,832 5.13%
Susanville, CA (FHA|USDA|VA) 1 $165,000 $165,000 $2,078 4.50%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.75%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $7,170 5.50%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $150,000 $75,000 $3,617 5.00%
WILMINGTON, NC (FHA|USDA|VA) 2 $150,000 $75,000 $3,366 4.69%
ASHEVILLE, NC (FHA|USDA|VA) 1 $145,000 $145,000 $1,496 4.50%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $145,000 $145,000 $2,429 5.13%
EL CENTRO, CA (FHA|USDA|VA) 1 $135,000 $135,000 $2,323 5.25%
REDDING, CA (FHA|USDA|VA) 1 $135,000 $135,000 $1,585 5.00%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $135,000 $135,000 $4,852 5.13%
Sevierville, TN (FHA|USDA|VA) 1 $135,000 $135,000 $1,575 6.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $135,000 $135,000 $4,483 4.63%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $125,000 $125,000 $7,507 5.38%
LAREDO, TX (FHA|USDA|VA) 1 $125,000 $125,000 $2,173 5.88%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $115,000 $115,000 $4,921 4.50%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $115,000 $115,000 $4,132 5.38%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $115,000 $115,000 $5,254 4.75%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $105,000 $105,000 $6,367 4.00%
Clearlake, CA (FHA|USDA|VA) 1 $85,000 $85,000 $1,185 5.38%
BURLINGTON, NC (FHA|USDA|VA) 1 $75,000 $75,000 $3,720 5.00%
Sanford, NC (FHA|USDA|VA) 1 $65,000 $65,000 $2,207 4.75%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $55,000 $55,000 $3,839 5.75%
Network Capital Funding Corporation's top markets include Washington, Los Angeles, Sacramento, San Francisco, and Riverside among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 813 $224,445,000 $276,070 $4,776 4.78%
    VA 207 $65,445,000 $316,159 $7,062 4.23%
    FHA 174 $43,960,000 $252,644 $8,751 4.64%

    For 2018, Network Capital Funding Corporation's most frequently originated type of loan was Conventional, with 813 originations. Their 2nd most popular type was VA, with 207 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 747 $208,265,000 $278,802 $6,745 4.75%
    Refi 374 $106,070,000 $283,610 $3,813 4.46%
    Home Purchase 73 $19,515,000 $267,329 $5,573 4.81%

    For 2018, Network Capital Funding Corporation's most frequently cited loan purpose was Cash Out Refi, with 747 originations. The 2nd most popular reason was Refi, with 374 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,042 $299,760,000 $287,678 $5,914 4.73%
    15 Year 93 $21,135,000 $227,258 $4,718 4.15%
    20 Year 38 $8,580,000 $225,789 $4,512 4.53%
    10 Year 14 $2,430,000 $173,571 $5,248 4.03%
    Other 6 $1,530,000 $255,000 $3,036 4.15%
    3 Year 1 $415,000 $415,000 $5,146 4.75%

    For 2018, Network Capital Funding Corporation's most frequently cited loan duration was 30 Year, with 1,042 originations. The 2nd most popular length was 15 Year, with 93 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 413 $122,885,000 $297,542
    $5k+ 237 $88,135,000 $371,878
    $2k-3k 151 $31,625,000 $209,437
    $3k-4k 144 $31,400,000 $218,056
    $1k-2k 126 $26,750,000 $212,302
    $4k-5k 98 $25,190,000 $257,041

    Network Capital Funding Corporation's average total fees were $5,914, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 413 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 728 $207,380,000 $284,863
    5-6% 265 $65,235,000 $246,170
    3-4% 187 $57,405,000 $306,979
    6-7% 10 $2,290,000 $229,000
    7-8% 2 $660,000 $330,000
    Over 8% 2 $880,000 $440,000

    During 2018, Network Capital Funding Corporation's average interest rate for loans was 4.73%, while their most frequently originated rate bucket for loans was 4-5%, with 728 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 560 $159,550,000 $284,911 $5,943 4.61%
    $100k-200k 348 $53,940,000 $155,000 $4,494 4.76%
    $400k-600k 215 $99,815,000 $464,256 $7,206 4.58%
    $100,000 or less 47 $3,815,000 $81,170 $3,699 5.06%
    $600k-1MM 23 $15,535,000 $675,435 $10,734 4.64%
    $1MM+ 1 $1,195,000 $1,195,000 $7,355 3.88%

    2018 saw Network Capital Funding Corporation place emphasis on $200k-400k loans with 560 originations, totaling $159,550,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 273 $66,115,000 $242,179 $5,776 4.67%
    $100k-150k 264 $90,140,000 $341,439 $6,712 4.68%
    $50k or less 245 $41,965,000 $171,286 $4,832 4.77%
    $75k-100k 220 $66,020,000 $300,091 $6,355 4.63%
    $150k-250k 116 $43,500,000 $375,000 $6,072 4.78%
    $250k+ 21 $8,575,000 $408,333 $4,166 4.66%

    Network Capital Funding Corporation lent most frequently to those with incomes in the $50k-75k range, with 273 originations. The second most popular income band? $100k-150k, with 264 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 168 $45,490,000 $270,774 $5,488 4.71%
    50-60% 126 $36,520,000 $289,841 $8,795 4.50%
    20-30% 110 $25,120,000 $228,364 $4,960 4.67%
    49% 101 $30,265,000 $299,653 $5,435 4.72%
    <20% 65 $17,835,000 $274,385 $3,327 4.15%
    47% 61 $18,535,000 $303,852 $5,699 4.82%
    48% 60 $17,200,000 $286,667 $5,281 4.71%
    45% 58 $16,030,000 $276,379 $6,506 4.81%
    46% 54 $15,080,000 $279,259 $5,825 4.60%
    44% 54 $15,370,000 $284,630 $4,937 4.75%
    42% 49 $13,995,000 $285,612 $6,000 4.78%
    41% 47 $12,475,000 $265,426 $5,241 4.73%
    39% 42 $11,820,000 $281,429 $5,277 4.67%
    40% 40 $12,330,000 $308,250 $5,675 4.70%
    43% 33 $8,485,000 $257,121 $5,767 4.93%
    37% 33 $9,365,000 $283,788 $5,839 4.88%
    36% 29 $7,545,000 $260,172 $5,406 4.63%
    38% 26 $6,970,000 $268,077 $5,563 4.63%
    >60% 17 $6,675,000 $392,647 $10,158 4.44%

    Network Capital Funding Corporation lent most frequently to those with DTI ratios of 30-36%, with 168 originations. The next most common DTI ratio? 50-60%, with 126 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 926 $256,510,000 $277,009 $5,521 4.66%
    Black 129 $36,265,000 $281,124 $6,942 4.75%
    Asian 61 $20,265,000 $332,213 $5,832 4.64%
    Not provided 53 $13,595,000 $256,509 $6,945 4.67%
    American Indian 17 $5,235,000 $307,941 $5,305 4.71%
    Native Hawaiian or Islander 8 $1,980,000 $247,500 $5,866 4.48%

    Approval Rates

    Total approvals of all applications
    56.60%

    Network Capital Funding Corporation has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    -463.90%

    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
    NA 1,194 $333,850,000 $279,606

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2 $280,000 $140,000
    Single Family (1-4 Units):Site-Built 1,192 $333,570,000 $279,841

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 68 $15,420,000 $226,765 $4,330 4.66%
    40-60% 210 $57,710,000 $274,810 $4,888 4.58%
    60-80% 477 $132,165,000 $277,075 $5,617 4.80%
    80-100% 412 $120,550,000 $292,597 $6,210 4.57%
    Over 100% 17 $6,055,000 $356,176 $15,873 4.35%
    Under 20% 9 $1,635,000 $181,667 $2,820 4.75%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    NETWORK CAPITAL FUNDING CORP Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    NETWORK CAPITAL FUNDING CORP Conventional home mortgage Trouble during payment process 1 25.0%
    NETWORK CAPITAL FUNDING CORP Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    NETWORK CAPITAL FUNDING CORP Other type of mortgage Closing on a mortgage 1 25.0%