Capitol Credit Union Mortgage Rates, Fees & Info
Austin, TXLEI: 549300I3SDXHG6BUD309
Tax ID: 74-6054885
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Mortgage Data
Review & Overview
Capitol Credit Union is a smaller credit union specializing in Home Improvement, Other, and Refi loans. Capitol Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Austin, Houston, Killeen, Dallas, and Corpus Christi among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Capitol Credit Union 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 15 Year Conventional Purchase | 6.53% | 4/28/24 |
| 15 Year Conventional Refi | 5.62% | 4/28/24 |
| 15 Year Cash-out Refi | 5.62% | 4/28/24 |
| 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. | ||
Capitol Credit Union Mortgage Calculator
Your Estimates
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
149Origination Dollar Volume (All Markets)
$21,715,000Top 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) | 131 | $19,385,000 | $147,977 | $318 | 4.39% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $765 | 5.64% |
| Outside of Metro Areas | 4 | $570,000 | $142,500 | $217 | 5.25% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $494 | 4.07% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $548 | 4.32% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $880 | 3.25% |
| Athens, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $880 | 6.19% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.75% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $700 | 5.10% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 149 | $21,715,000 | $145,738 | $349 | 4.45% |
For 2022, Capitol Credit Union's most frequently originated type of loan was Conventional, with 149 originations.
Loan Reason
For 2022, Capitol Credit Union's most frequently cited loan purpose was Home Improvement, with 61 originations. The 2nd most popular reason was Other, with 40 originations.
Loan Duration/Length
For 2022, Capitol Credit Union's most frequently cited loan duration was 20 Year, with 53 originations. The 2nd most popular length was 15 Year, with 48 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 131 | $19,665,000 | $150,115 |
Capitol Credit Union's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 131 originations.
Interest Rates
During 2022, Capitol Credit Union's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 4-5%, with 47 originations.
Loan Sizing
2022 saw Capitol Credit Union place emphasis on $100,000 or less loans with 62 originations, totaling $3,800,000 in origination value.
Applicant Income
Capitol Credit Union lent most frequently to those with incomes in the $150k-250k range, with 43 originations. The second most popular income band? $100k-150k, with 29 originations.
Applicant Debt to Income Ratio
Capitol Credit Union lent most frequently to those with DTI ratios of 20-30%, with 34 originations. The next most common DTI ratio? 30-36%, with 26 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.07%
Capitol Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination83.89%
Capitol Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 149 | $21,715,000 | $145,738 |