Capitol Credit Union Mortgage Rates, Fees & Info

Austin, TX

LEI: 549300I3SDXHG6BUD309

Tax ID: 74-6054885

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Capitol Credit Union is a smaller credit union specializing in Home Improvement and Refi loans. Capitol Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Austin, San Antonio, Victoria, Dallas, and Houston among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Capitol Credit Union 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. Capitol Credit Union 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    15 Year Conventional Purchase 6.53% 12/17/24
    15 Year Conventional Refi 5.62% 12/17/24
    15 Year Cash-out Refi 5.62% 12/17/24
    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.

    Capitol Credit Union Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Capitol Credit Union. 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

    127

    Origination Dollar Volume (All Markets)

    $15,955,000

    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
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 118 $15,170,000 $128,559 $714 3.34%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $330,000 $82,500 $645 5.25%
    VICTORIA, TX (FHA|USDA|VA) 1 $165,000 $165,000 $258 2.99%
    Outside of Metro Areas 2 $140,000 $70,000 $148 2.75%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $95,000 $95,000 $4,390 3.25%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $55,000 $55,000 $1,030 4.25%
    Capitol Credit Union's top markets include Austin, San Antonio, Victoria, Dallas, and Houston among others.

    Their top states include:
  • Texas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 127 $15,955,000 $125,630 $734 3.40%

    For 2021, Capitol Credit Union's most frequently originated type of loan was Conventional, with 127 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 46 $4,520,000 $98,261 $229 3.16%
    Refi 39 $6,515,000 $167,051 $1,634 3.18%
    Other 27 $2,725,000 $100,926 $310 3.20%
    Home Purchase 15 $2,195,000 $146,333 $259 5.05%

    For 2021, Capitol Credit Union's most frequently cited loan purpose was Home Improvement, with 46 originations. The 2nd most popular reason was Refi, with 39 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 63 $8,445,000 $134,048 $398 3.71%
    10 Year 19 $1,695,000 $89,211 $416 3.20%
    20 Year 17 $3,205,000 $188,529 $1,095 3.31%
    5 Year 14 $890,000 $63,571 $173 2.43%
    Other 9 $525,000 $58,333 $343 3.14%
    30 Year 4 $1,160,000 $290,000 $7,994 3.53%
    3 Year 1 $35,000 $35,000 $148 4.25%

    For 2021, Capitol Credit Union's most frequently cited loan duration was 15 Year, with 63 originations. The 2nd most popular length was 10 Year, with 19 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 105 $12,265,000 $116,810
    $1k-2k 2 $180,000 $90,000
    $3k-4k 2 $480,000 $240,000
    $4k-5k 2 $670,000 $335,000
    $2k-3k 1 $185,000 $185,000
    $5k+ 1 $325,000 $325,000

    Capitol Credit Union's average total fees were $7,994, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 105 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 47 $6,155,000 $130,957
    2.5-3% 42 $6,070,000 $144,524
    <2.5% 17 $1,425,000 $83,824
    4-5% 11 $1,055,000 $95,909
    5-6% 8 $990,000 $123,750
    6-7% 2 $260,000 $130,000

    During 2021, Capitol Credit Union's average interest rate for loans was 3.53%, while their most frequently originated rate bucket for loans was 3-4%, with 47 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 52 $2,870,000 $55,192 $389 3.20%
    $100k-200k 50 $6,850,000 $137,000 $415 3.77%
    $200k-400k 25 $6,235,000 $249,400 $1,912 3.07%

    2021 saw Capitol Credit Union place emphasis on $100,000 or less loans with 52 originations, totaling $2,870,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 46 $5,850,000 $127,174 $749 3.28%
    $150k-250k 35 $4,305,000 $123,000 $306 3.66%
    $75k-100k 14 $2,000,000 $142,857 $1,940 3.12%
    $250k+ 13 $2,125,000 $163,462 $425 3.47%
    $50k-75k 12 $1,070,000 $89,167 $572 3.58%
    $50k or less 6 $400,000 $66,667 $804 2.89%

    Capitol Credit Union lent most frequently to those with incomes in the $100k-150k range, with 46 originations. The second most popular income band? $150k-250k, with 35 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 28 $3,950,000 $141,071 $381 3.16%
    30-36% 26 $3,160,000 $121,538 $1,056 3.28%
    <20% 10 $1,130,000 $113,000 $203 2.81%
    40% 7 $865,000 $123,571 $273 3.19%
    43% 6 $910,000 $151,667 $1,241 3.14%
    36% 5 $525,000 $105,000 $2,028 3.60%
    47% 5 $615,000 $123,000 $1,495 3.17%
    50-60% 4 $460,000 $115,000 $214 2.99%
    39% 4 $510,000 $127,500 $1,236 3.06%
    45% 3 $265,000 $88,333 $148 2.83%
    46% 3 $135,000 $45,000 $442 3.58%
    38% 3 $485,000 $161,667 $2,296 2.88%
    37% 2 $230,000 $115,000 $203 4.50%
    41% 2 $220,000 $110,000 $226 2.75%
    44% 2 $240,000 $120,000 $479 3.12%
    42% 2 $330,000 $165,000 $226 2.62%
    49% 2 $210,000 $105,000 $148 3.12%
    48% 1 $115,000 $115,000 $258 3.50%

    Capitol Credit Union lent most frequently to those with DTI ratios of 20-30%, with 28 originations. The next most common DTI ratio? 30-36%, with 26 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 95 $12,625,000 $132,895 $755 3.33%
    Not provided 15 $1,755,000 $117,000 $1,030 3.71%
    Black 8 $780,000 $97,500 $341 3.44%
    Asian 8 $670,000 $83,750 $426 3.44%
    Native Hawaiian or Islander 1 $125,000 $125,000 $0 4.75%

    Approval Rates

    Total approvals of all applications
    94.62%

    Capitol Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.38%

    Capitol Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 127 $15,955,000 $125,630

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    127 $15,955,000 $125,630

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 34 $4,700,000 $138,235 $644 3.50%
    40-60% 16 $3,050,000 $190,625 $1,070 3.28%
    60-80% 12 $2,900,000 $241,667 $1,662 2.99%
    80-100% 2 $510,000 $255,000 $5,384 3.56%
    Under 20% 63 $4,795,000 $76,111 $318 3.44%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    CAPITAL ONE FINANCIAL CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%