Network Capital Funding Corporation Mortgage Rates, Fees & Info

Carson City, NV

LEI: 549300GQDT484LGI9C04

Tax ID: 47-0873092

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Mortgage Data

Review & Overview

Network Capital Funding Corporation is a mid-sized mortgage company specializing in Refi loans. Network Capital Funding Corporation 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: Washington, Los Angeles, San Francisco, Riverside, and San Diego among others. We have data for 246 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 low 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






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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

11,683

Origination Dollar Volume (All Markets)

$3,791,785,000
Show all (94) 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) 2,359 $817,215,000 $346,424 $3,796 2.87%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2,111 $772,515,000 $365,947 $3,746 2.86%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 854 $327,410,000 $383,384 $3,814 2.86%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 853 $258,475,000 $303,019 $3,512 2.87%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 442 $158,080,000 $357,647 $3,279 2.79%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 459 $143,315,000 $312,233 $3,461 2.94%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 534 $128,520,000 $240,674 $3,609 2.97%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 288 $113,720,000 $394,861 $4,427 2.85%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 224 $72,440,000 $323,393 $3,866 2.84%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 197 $55,515,000 $281,802 $5,938 3.13%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 150 $54,140,000 $360,933 $3,240 2.82%
VALLEJO, CA (FHA|USDA|VA) 154 $52,980,000 $344,026 $3,396 2.88%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 150 $49,850,000 $332,333 $5,848 3.04%
STOCKTON, CA (FHA|USDA|VA) 155 $47,095,000 $303,839 $3,636 2.95%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 139 $44,425,000 $319,604 $4,142 2.94%
Outside of Metro Areas 135 $35,725,000 $264,630 $3,957 2.92%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 88 $29,830,000 $338,977 $3,778 2.82%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 79 $25,545,000 $323,354 $5,446 2.96%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 91 $23,445,000 $257,637 $2,674 2.83%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 85 $20,255,000 $238,294 $3,806 2.74%
MODESTO, CA (FHA|USDA|VA) 77 $20,075,000 $260,714 $3,676 2.90%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 48 $19,230,000 $400,625 $4,656 2.98%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 61 $19,155,000 $314,016 $4,194 2.95%
SALINAS, CA (FHA|USDA|VA) 51 $18,455,000 $361,863 $4,083 2.94%
FRESNO, CA (FHA|USDA|VA) 75 $17,085,000 $227,800 $4,133 3.04%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 74 $17,080,000 $230,811 $4,759 2.97%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 62 $16,430,000 $265,000 $4,873 2.97%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 66 $16,270,000 $246,515 $4,120 2.98%
BAKERSFIELD, CA (FHA|USDA|VA) 69 $15,185,000 $220,072 $3,731 2.95%
NAPA, CA (FHA|USDA|VA) 40 $14,820,000 $370,500 $3,609 2.93%
RICHMOND, VA (FHA|USDA|VA) 58 $13,980,000 $241,034 $3,065 2.91%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 52 $13,880,000 $266,923 $4,877 2.94%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 38 $13,840,000 $364,211 $4,165 2.99%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 51 $12,915,000 $253,235 $4,403 3.02%
TUCSON, AZ (FHA|USDA|VA) 48 $10,780,000 $224,583 $3,832 3.05%
WINCHESTER, VA-WV (FHA|USDA|VA) 38 $10,310,000 $271,316 $3,238 2.86%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 28 $9,420,000 $336,429 $3,187 2.82%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 32 $9,300,000 $290,625 $2,996 2.93%
MERCED, CA (FHA|USDA|VA) 37 $8,415,000 $227,432 $4,601 3.03%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 30 $7,720,000 $257,333 $4,254 3.08%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 33 $7,585,000 $229,848 $4,389 3.09%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 25 $7,125,000 $285,000 $4,320 2.98%
YUBA CITY, CA (FHA|USDA|VA) 26 $7,080,000 $272,308 $4,311 3.07%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 21 $6,765,000 $322,143 $3,933 2.92%
VISALIA, CA (FHA|USDA|VA) 31 $6,615,000 $213,387 $3,778 2.99%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 22 $6,610,000 $300,455 $4,117 2.78%
COLORADO SPRINGS, CO (FHA|USDA|VA) 22 $6,540,000 $297,273 $3,855 3.02%
JACKSONVILLE, FL (FHA|USDA|VA) 27 $6,235,000 $230,926 $4,787 3.00%
PORT ST. LUCIE, FL (FHA|USDA|VA) 24 $5,840,000 $243,333 $4,485 2.74%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 24 $5,740,000 $239,167 $4,258 2.79%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 19 $5,675,000 $298,684 $3,149 2.95%
SALISBURY, MD-DE (FHA|USDA|VA) 22 $5,650,000 $256,818 $3,557 2.95%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 23 $5,625,000 $244,565 $4,274 3.10%
CHICO, CA (FHA|USDA|VA) 23 $5,405,000 $235,000 $4,972 3.42%
Truckee-Grass Valley, CA (FHA|USDA|VA) 18 $5,120,000 $284,444 $3,269 2.95%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 20 $4,670,000 $233,500 $3,220 2.99%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 18 $4,490,000 $249,444 $4,843 2.95%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 20 $4,410,000 $220,500 $4,342 3.10%
REDDING, CA (FHA|USDA|VA) 17 $4,315,000 $253,824 $3,074 2.88%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 15 $4,205,000 $280,333 $3,656 2.85%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 13 $4,085,000 $314,231 $3,345 3.01%
Oak Harbor, WA (FHA|USDA|VA) 12 $3,710,000 $309,167 $4,800 2.93%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 14 $3,480,000 $248,571 $2,397 2.99%
GREELEY, CO (FHA|USDA|VA) 16 $3,400,000 $212,500 $5,006 3.08%
BELLINGHAM, WA (FHA|USDA|VA) 8 $3,210,000 $401,250 $4,101 2.95%
RALEIGH-CARY, NC (FHA|USDA|VA) 11 $3,185,000 $289,545 $2,803 2.72%
BOULDER, CO (FHA|USDA|VA) 8 $3,140,000 $392,500 $3,554 2.92%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 14 $2,930,000 $209,286 $4,443 2.93%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 12 $2,900,000 $241,667 $5,441 2.92%
FORT COLLINS, CO (FHA|USDA|VA) 11 $2,895,000 $263,182 $5,909 3.13%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 9 $2,815,000 $312,778 $3,724 2.81%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 11 $2,805,000 $255,000 $4,176 2.77%
ROANOKE, VA (FHA|USDA|VA) 9 $2,345,000 $260,556 $3,714 2.67%
Red Bluff, CA (FHA|USDA|VA) 9 $2,335,000 $259,444 $3,998 2.96%
Clearlake, CA (FHA|USDA|VA) 10 $2,290,000 $229,000 $5,423 2.91%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 10 $2,260,000 $226,000 $5,244 2.88%
KNOXVILLE, TN (FHA|USDA|VA) 8 $2,230,000 $278,750 $2,249 2.77%
ALBUQUERQUE, NM (FHA|USDA|VA) 10 $2,070,000 $207,000 $4,446 2.79%
Sonora, CA (FHA|USDA|VA) 9 $2,065,000 $229,444 $3,957 3.11%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 8 $2,030,000 $253,750 $4,616 3.17%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 10 $2,010,000 $201,000 $3,332 3.08%
BEND, OR (FHA|USDA|VA) 5 $1,905,000 $381,000 $6,466 2.68%
Glenwood Springs, CO (FHA|USDA|VA) 5 $1,885,000 $377,000 $2,190 3.15%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 7 $1,855,000 $265,000 $4,081 2.95%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 6 $1,830,000 $305,000 $3,879 3.02%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 7 $1,725,000 $246,429 $4,697 3.11%
LONGVIEW, WA (FHA|USDA|VA) 7 $1,635,000 $233,571 $3,161 3.25%
EL CENTRO, CA (FHA|USDA|VA) 8 $1,590,000 $198,750 $4,385 3.47%
WILMINGTON, NC (FHA|USDA|VA) 6 $1,590,000 $265,000 $3,672 2.92%
MADERA, CA (FHA|USDA|VA) 9 $1,575,000 $175,000 $3,380 3.04%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 5 $1,565,000 $313,000 $3,508 2.90%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $1,515,000 $303,000 $1,700 2.75%
CORVALLIS, OR (FHA|USDA|VA) 4 $1,490,000 $372,500 $4,701 2.69%
ALBANY-LEBANON, OR (FHA|USDA|VA) 6 $1,480,000 $246,667 $4,241 3.21%
ASHEVILLE, NC (FHA|USDA|VA) 5 $1,475,000 $295,000 $2,111 2.75%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 6 $1,440,000 $240,000 $3,920 3.67%
GRAND JUNCTION, CO (FHA|USDA|VA) 8 $1,420,000 $177,500 $3,532 2.95%
PITTSBURGH, PA (FHA|USDA|VA) 5 $1,365,000 $273,000 $3,649 2.98%
Kill Devil Hills, NC (FHA|USDA|VA) 5 $1,365,000 $273,000 $5,062 2.93%
FLAGSTAFF, AZ (FHA|USDA|VA) 6 $1,360,000 $226,667 $2,811 2.88%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 6 $1,270,000 $211,667 $3,999 2.54%
Centralia, WA (FHA|USDA|VA) 5 $1,255,000 $251,000 $3,043 2.85%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 5 $1,225,000 $245,000 $1,801 2.55%
MEDFORD, OR (FHA|USDA|VA) 5 $1,205,000 $241,000 $3,764 2.83%
TALLAHASSEE, FL (FHA|USDA|VA) 5 $1,195,000 $239,000 $3,604 2.95%
NEW BERN, NC (FHA|USDA|VA) 3 $1,185,000 $395,000 $2,927 2.92%
THE VILLAGES, FL (FHA|USDA|VA) 4 $1,130,000 $282,500 $3,469 3.13%
YAKIMA, WA (FHA|USDA|VA) 4 $1,130,000 $282,500 $2,817 3.41%
Durango, CO (FHA|USDA|VA) 4 $1,120,000 $280,000 $5,283 3.19%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $1,055,000 $351,667 $1,639 3.13%
WACO, TX (FHA|USDA|VA) 5 $995,000 $199,000 $2,842 2.85%
YUMA, AZ (FHA|USDA|VA) 6 $970,000 $161,667 $3,163 3.04%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 4 $960,000 $240,000 $1,296 2.66%
PUNTA GORDA, FL (FHA|USDA|VA) 4 $940,000 $235,000 $4,742 2.69%
Key West, FL (FHA|USDA|VA) 4 $940,000 $235,000 $1,930 2.81%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 4 $930,000 $232,500 $4,614 3.09%
Ukiah, CA (FHA|USDA|VA) 3 $915,000 $305,000 $4,563 3.83%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 4 $900,000 $225,000 $8,113 2.88%
Shelton, WA (FHA|USDA|VA) 4 $880,000 $220,000 $4,336 2.66%
EL PASO, TX (FHA|USDA|VA) 4 $860,000 $215,000 $2,700 2.72%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 4 $860,000 $215,000 $3,017 2.97%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 4 $860,000 $215,000 $5,491 3.06%
OCALA, FL (FHA|USDA|VA) 5 $855,000 $171,000 $7,501 3.40%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $850,000 $212,500 $2,985 3.50%
YORK-HANOVER, PA (FHA|USDA|VA) 3 $835,000 $278,333 $5,522 2.83%
Breckenridge, CO (FHA|USDA|VA) 2 $830,000 $415,000 $5,351 2.94%
Elizabeth City, NC (FHA|USDA|VA) 2 $820,000 $410,000 $1,610 2.56%
SANTA FE, NM (FHA|USDA|VA) 3 $805,000 $268,333 $6,774 2.88%
PANAMA CITY, FL (FHA|USDA|VA) 3 $785,000 $261,667 $4,063 2.92%
LYNCHBURG, VA (FHA|USDA|VA) 3 $785,000 $261,667 $2,957 2.75%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 3 $775,000 $258,333 $2,846 3.04%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 4 $750,000 $187,500 $1,673 3.13%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $745,000 $248,333 $2,864 2.63%
LANCASTER, PA (FHA|USDA|VA) 2 $740,000 $370,000 $5,130 3.06%
READING, PA (FHA|USDA|VA) 3 $735,000 $245,000 $3,681 2.79%
Tullahoma-Manchester, TN (FHA|USDA|VA) 3 $715,000 $238,333 $1,125 2.42%
SALEM, OR (FHA|USDA|VA) 3 $695,000 $231,667 $4,948 3.29%
Coos Bay, OR (FHA|USDA|VA) 2 $690,000 $345,000 $5,093 3.31%
Easton, MD (FHA|USDA|VA) 2 $690,000 $345,000 $4,612 2.56%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $685,000 $228,333 $3,454 2.92%
PUEBLO, CO (FHA|USDA|VA) 3 $685,000 $228,333 $6,354 2.92%
WENATCHEE, WA (FHA|USDA|VA) 2 $680,000 $340,000 $5,815 3.00%
ROCHESTER, NY (FHA|USDA|VA) 3 $675,000 $225,000 $3,740 2.92%
Port Angeles, WA (FHA|USDA|VA) 2 $670,000 $335,000 $5,943 3.88%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $670,000 $335,000 $8,375 2.50%
GETTYSBURG, PA (FHA|USDA|VA) 2 $660,000 $330,000 $6,423 2.63%
Newport, OR (FHA|USDA|VA) 2 $660,000 $330,000 $3,598 2.81%
Payson, AZ (FHA|USDA|VA) 4 $650,000 $162,500 $3,536 3.47%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 3 $635,000 $211,667 $2,368 3.79%
Brookings, OR (FHA|USDA|VA) 2 $630,000 $315,000 $2,829 3.13%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 3 $615,000 $205,000 $4,921 3.17%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $615,000 $205,000 $6,773 3.92%
Susanville, CA (FHA|USDA|VA) 3 $615,000 $205,000 $2,759 2.79%
CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $615,000 $205,000 $5,302 3.08%
FORT WAYNE, IN (FHA|USDA|VA) 2 $610,000 $305,000 $1,495 3.00%
Eureka-Arcata, CA (FHA|USDA|VA) 3 $605,000 $201,667 $3,439 3.58%
GAINESVILLE, FL (FHA|USDA|VA) 3 $595,000 $198,333 $3,196 2.71%
AMARILLO, TX (FHA|USDA|VA) 2 $590,000 $295,000 $5,822 3.31%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $580,000 $290,000 $6,900 2.88%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 3 $565,000 $188,333 $4,066 2.67%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $565,000 $188,333 $3,552 3.08%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $560,000 $280,000 $5,320 3.56%
BATON ROUGE, LA (FHA|USDA|VA) 2 $550,000 $275,000 $6,373 3.13%
STAUNTON, VA (FHA|USDA|VA) 2 $520,000 $260,000 $2,007 2.81%
MONTGOMERY, AL (FHA|USDA|VA) 2 $520,000 $260,000 $1,658 2.88%
TYLER, TX (FHA|USDA|VA) 3 $515,000 $171,667 $3,066 3.00%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $505,000 $505,000 $3,194 3.13%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $490,000 $245,000 $1,374 2.56%
Morehead City, NC (FHA|USDA|VA) 2 $480,000 $240,000 $5,021 2.88%
Show Low, AZ (FHA|USDA|VA) 2 $470,000 $235,000 $4,280 3.19%
CEDAR RAPIDS, IA (FHA|USDA|VA) 3 $455,000 $151,667 $3,329 3.38%
AKRON, OH (FHA|USDA|VA) 3 $445,000 $148,333 $5,442 3.00%
Danville, VA (FHA|USDA|VA) 2 $440,000 $220,000 $7,269 2.88%
Athens, TX (FHA|USDA|VA) 1 $435,000 $435,000 $3,700 4.00%
Moses Lake, WA (FHA|USDA|VA) 2 $430,000 $215,000 $8,491 3.00%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $430,000 $215,000 $4,826 2.75%
LAS CRUCES, NM (FHA|USDA|VA) 2 $430,000 $215,000 $2,854 2.50%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $410,000 $205,000 $3,600 2.50%
Palatka, FL (FHA|USDA|VA) 1 $395,000 $395,000 $3,372 2.63%
ERIE, PA (FHA|USDA|VA) 2 $380,000 $190,000 $3,712 2.88%
Aberdeen, WA (FHA|USDA|VA) 3 $375,000 $125,000 $3,758 3.46%
DOVER, DE (FHA|USDA|VA) 1 $365,000 $365,000 $1,955 2.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $365,000 $365,000 $3,256 3.88%
LUBBOCK, TX (FHA|USDA|VA) 1 $365,000 $365,000 $2,034 3.38%
Edwards, CO (FHA|USDA|VA) 1 $365,000 $365,000 $2,620 2.88%
Shelby, NC (FHA|USDA|VA) 1 $355,000 $355,000 $1,474 2.75%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $335,000 $335,000 $6,045 2.88%
La Grande, OR (FHA|USDA|VA) 1 $335,000 $335,000 $1,978 3.13%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $315,000 $315,000 $12,949 2.38%
Gainesville, TX (FHA|USDA|VA) 1 $305,000 $305,000 $1,858 2.38%
Roseburg, OR (FHA|USDA|VA) 1 $305,000 $305,000 $3,443 2.63%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $305,000 $101,667 $3,699 3.46%
Sanford, NC (FHA|USDA|VA) 1 $295,000 $295,000 $1,360 3.38%
Klamath Falls, OR (FHA|USDA|VA) 2 $290,000 $145,000 $3,953 3.06%
Ottawa, IL (FHA|USDA|VA) 2 $290,000 $145,000 $3,694 3.19%
LOUISVILLE, KY (FHA|USDA|VA) 1 $285,000 $285,000 $1,705 3.25%
Ellensburg, WA (FHA|USDA|VA) 1 $285,000 $285,000 $7,433 2.75%
GOLDSBORO, NC (FHA|USDA|VA) 1 $275,000 $275,000 $1,312 3.50%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $275,000 $275,000 $1,837 3.25%
DECATUR, IL (FHA|USDA|VA) 1 $265,000 $265,000 $1,348 3.00%
MANKATO, MN (FHA|USDA|VA) 1 $265,000 $265,000 $1,230 3.00%
Sevierville, TN (FHA|USDA|VA) 2 $260,000 $130,000 $4,379 3.19%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $255,000 $255,000 $3,910 2.00%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $255,000 $255,000 $2,965 2.88%
DOTHAN, AL (FHA|USDA|VA) 1 $245,000 $245,000 $2,280 3.00%
Montrose, CO (FHA|USDA|VA) 1 $235,000 $235,000 $4,570 2.25%
Lufkin, TX (FHA|USDA|VA) 1 $225,000 $225,000 $8,731 2.75%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $225,000 $225,000 $2,025 2.38%
EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $220,000 $110,000 $2,099 3.00%
Granbury, TX (FHA|USDA|VA) 1 $215,000 $215,000 $1,892 3.38%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $215,000 $215,000 $3,165 3.50%
VICTORIA, TX (FHA|USDA|VA) 1 $205,000 $205,000 $1,567 3.63%
Bedford, IN (FHA|USDA|VA) 1 $205,000 $205,000 $1,030 3.00%
DULUTH, MN-WI (FHA|USDA|VA) 1 $195,000 $195,000 $1,699 2.88%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $195,000 $195,000 $2,074 3.00%
ROCKFORD, IL (FHA|USDA|VA) 1 $185,000 $185,000 $3,947 2.25%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $185,000 $185,000 $5,003 3.13%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $185,000 $185,000 $1,463 3.13%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $185,000 $185,000 $10,542 3.25%
Greensburg, IN (FHA|USDA|VA) 1 $185,000 $185,000 $1,100 2.50%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $175,000 $175,000 $1,665 3.00%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $165,000 $165,000 $5,200 2.88%
KANKAKEE, IL (FHA|USDA|VA) 1 $165,000 $165,000 $4,943 2.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $165,000 $165,000 $6,725 4.13%
Brainerd, MN (FHA|USDA|VA) 1 $165,000 $165,000 $995 2.50%
Clewiston, FL (FHA|USDA|VA) 1 $155,000 $155,000 $8,655 3.63%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $155,000 $155,000 $1,870 4.88%
Findlay, OH (FHA|USDA|VA) 1 $155,000 $155,000 $2,258 2.50%
WALLA WALLA, WA (FHA|USDA|VA) 1 $155,000 $155,000 $3,881 3.88%
BURLINGTON, NC (FHA|USDA|VA) 1 $155,000 $155,000 $1,806 2.25%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $155,000 $155,000 $5,414 3.00%
GRANTS PASS, OR (FHA|USDA|VA) 1 $145,000 $145,000 $2,303 2.75%
CaƱon City, CO (FHA|USDA|VA) 1 $145,000 $145,000 $6,415 4.13%
Hermiston-Pendleton, OR (FHA|USDA|VA) 1 $145,000 $145,000 $2,272 2.63%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $145,000 $145,000 $4,685 3.00%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $135,000 $135,000 $2,990 2.75%
Ashtabula, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,177 2.88%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $125,000 $125,000 $1,006 2.75%
HARRISONBURG, VA (FHA|USDA|VA) 1 $125,000 $125,000 $3,256 2.50%
Bluefield, WV-VA (FHA|USDA|VA) 1 $125,000 $125,000 $1,015 2.88%
MOBILE, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,980 2.50%
LONGVIEW, TX (FHA|USDA|VA) 1 $125,000 $125,000 $1,296 3.63%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $125,000 $125,000 $3,918 2.75%
Fort Morgan, CO (FHA|USDA|VA) 1 $115,000 $115,000 $1,562 2.88%
LAREDO, TX (FHA|USDA|VA) 1 $115,000 $115,000 $4,190 2.88%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $95,000 $95,000 $5,515 2.75%
Network Capital Funding Corporation's top markets include Washington, Los Angeles, San Francisco, Riverside, and San Diego among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 9,757 $3,132,995,000 $321,102 $3,870 2.94%
    VA 1,847 $636,665,000 $344,702 $3,432 2.65%
    FHA 79 $22,125,000 $280,063 $10,123 3.32%

    For 2020, Network Capital Funding Corporation's most frequently originated type of loan was Conventional, with 9,757 originations. Their 2nd most popular type was VA, with 1,847 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 9,789 $3,178,565,000 $324,708 $3,285 2.83%
    Cash Out Refi 1,785 $573,935,000 $321,532 $6,762 3.24%
    Home Purchase 109 $39,285,000 $360,413 $6,314 3.12%

    For 2020, Network Capital Funding Corporation's most frequently cited loan purpose was Refi, with 9,789 originations. The 2nd most popular reason was Cash Out Refi, with 1,785 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 9,863 $3,288,115,000 $333,379 $3,832 2.93%
    15 Year 1,137 $310,535,000 $273,118 $4,190 2.64%
    20 Year 303 $87,825,000 $289,851 $3,784 2.91%
    Other 229 $68,515,000 $299,192 $2,926 2.83%
    10 Year 145 $32,855,000 $226,586 $2,874 2.54%
    30+ year 6 $3,940,000 $656,667 $17,215 6.64%

    For 2020, Network Capital Funding Corporation's most frequently cited loan duration was 30 Year, with 9,863 originations. The 2nd most popular length was 15 Year, with 1,137 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 5,899 $2,030,755,000 $344,254
    $5k+ 1,872 $697,140,000 $372,404
    $2k-3k 1,079 $279,275,000 $258,828
    $1k-2k 1,024 $293,570,000 $286,689
    $3k-4k 992 $263,270,000 $265,393
    $4k-5k 797 $222,265,000 $278,877

    Network Capital Funding Corporation's average total fees were $3,832, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 5,899 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 5,650 $1,844,150,000 $326,398
    3-4% 3,111 $975,235,000 $313,480
    <2.5% 2,720 $912,140,000 $335,346
    4-5% 183 $52,075,000 $284,563
    5-6% 10 $4,970,000 $497,000
    6-7% 6 $2,010,000 $335,000
    7-8% 2 $910,000 $455,000
    Over 8% 1 $295,000 $295,000

    During 2020, Network Capital Funding Corporation's average interest rate for loans was 2.93%, while their most frequently originated rate bucket for loans was 2.5-3%, with 5,650 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 6,401 $1,888,385,000 $295,014 $3,731 2.89%
    $400k-600k 3,003 $1,397,485,000 $465,363 $3,809 2.83%
    $100k-200k 1,930 $304,940,000 $158,000 $3,483 2.99%
    $600k-1MM 268 $185,660,000 $692,761 $9,139 3.11%
    $100,000 or less 74 $6,350,000 $85,811 $3,211 3.23%
    $1MM+ 7 $8,965,000 $1,280,714 $23,687 3.45%

    2020 saw Network Capital Funding Corporation place emphasis on $200k-400k loans with 6,401 originations, totaling $1,888,385,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 3,106 $1,072,690,000 $345,361 $3,993 2.92%
    $150k-250k 2,029 $776,045,000 $382,477 $4,107 2.90%
    $75k-100k 2,014 $626,840,000 $311,241 $3,895 2.93%
    $50k-75k 1,814 $473,790,000 $261,185 $4,182 2.94%
    $50k or less 757 $139,635,000 $184,458 $3,986 3.03%
    $250k+ 496 $200,190,000 $403,609 $4,638 2.95%

    Network Capital Funding Corporation lent most frequently to those with incomes in the $100k-150k range, with 3,106 originations. The second most popular income band? $150k-250k, with 2,029 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 2,321 $727,485,000 $313,436 $3,582 2.85%
    30-36% 1,820 $591,660,000 $325,088 $3,932 2.93%
    <20% 921 $271,565,000 $294,859 $3,274 2.83%
    44% 426 $140,010,000 $328,662 $4,514 3.11%
    49% 409 $133,265,000 $325,831 $4,310 3.01%
    >60% 369 $132,915,000 $360,203 $3,801 2.70%
    41% 368 $122,830,000 $333,777 $4,806 3.00%
    43% 362 $117,290,000 $324,006 $4,583 3.05%
    40% 354 $114,710,000 $324,040 $4,144 2.99%
    42% 350 $116,290,000 $332,257 $4,344 3.02%
    38% 332 $104,100,000 $313,554 $3,999 2.96%
    39% 331 $107,225,000 $323,943 $4,683 3.01%
    48% 329 $112,885,000 $343,116 $4,580 3.00%
    50-60% 294 $99,970,000 $340,034 $5,177 2.81%
    36% 289 $93,405,000 $323,201 $4,170 2.94%
    47% 270 $86,420,000 $320,074 $4,149 3.01%
    37% 270 $86,910,000 $321,889 $4,005 2.99%
    46% 264 $88,200,000 $334,091 $4,665 3.01%
    45% 245 $81,295,000 $331,816 $4,632 3.01%

    Network Capital Funding Corporation lent most frequently to those with DTI ratios of 20-30%, with 2,321 originations. The next most common DTI ratio? 30-36%, with 1,820 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 9,371 $3,027,375,000 $323,058 $3,883 2.91%
    Asian 948 $326,140,000 $344,030 $3,661 2.85%
    Not provided 647 $215,145,000 $332,527 $3,037 2.73%
    Black 649 $201,315,000 $310,193 $4,398 2.97%
    Native Hawaiian or Islander 37 $12,025,000 $325,000 $3,259 2.88%
    American Indian 31 $9,785,000 $315,645 $3,220 2.79%

    Approval Rates

    Total approvals of all applications
    86.08%

    Network Capital Funding Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    -263.32%

    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 11,683 $3,791,785,000 $324,556

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $235,000 $235,000
    Single Family (1-4 Units):Site-Built 11,682 $3,791,550,000 $324,563

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,601 $412,085,000 $257,392 $3,329 2.83%
    40-60% 3,872 $1,252,870,000 $323,572 $3,335 2.83%
    60-80% 4,569 $1,569,965,000 $343,612 $4,267 2.97%
    80-100% 1,470 $519,890,000 $353,667 $4,428 2.92%
    Over 100% 10 $3,700,000 $370,000 $9,137 2.63%
    Under 20% 161 $33,275,000 $206,677 $3,437 2.86%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    NETWORK CAPITAL FUNDING CORP Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 5 50.0%
    NETWORK CAPITAL FUNDING CORP Conventional home mortgage Closing on a mortgage 3 30.0%
    NETWORK CAPITAL FUNDING CORP Conventional home mortgage Trouble during payment process 1 10.0%
    NETWORK CAPITAL FUNDING CORP VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 10.0%