Capital Concepts Mortgage Rates, Fees & Info
HOUSTON, TXLEI: 549300JX8UXNIMMZYW86
Tax ID: 76-0565087
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Mortgage Data
Review & Overview
Capital Concepts is a smaller mortgage company specializing in Refi and Cash Out Refi loans. Capital Concepts has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Houston, San Antonio, Killeen, and Tyler among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Capital Concepts 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. Capital Concepts 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.
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Originations
186Origination Dollar Volume (All Markets)
$33,040,000Top 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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 80 | $15,470,000 | $193,375 | $8,127 | 4.21% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 89 | $14,585,000 | $163,876 | $8,008 | 4.28% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 10 | $1,660,000 | $166,000 | $6,004 | 4.01% |
| Outside of Metro Areas | 4 | $1,000,000 | $250,000 | $6,246 | 3.81% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $5,637 | 5.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,185 | 3.88% |
Similar Lenders
We use machine learning to identify the top lenders compared against CAPITAL CONCEPTS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 182 | $31,620,000 | $173,736 | $7,821 | 4.27% |
| VA | 4 | $1,420,000 | $355,000 | $8,811 | 2.38% |
For 2020, Capital Concepts's most frequently originated type of loan was Conventional, with 182 originations. Their 2nd most popular type was VA, with 4 originations.
Loan Reason
For 2020, Capital Concepts's most frequently cited loan purpose was Refi, with 113 originations. The 2nd most popular reason was Cash Out Refi, with 46 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 179 | $31,535,000 | $176,173 | $7,820 | 4.29% |
| 15 Year | 7 | $1,505,000 | $215,000 | $9,220 | 2.68% |
For 2020, Capital Concepts's most frequently cited loan duration was 30 Year, with 179 originations. The 2nd most popular length was 15 Year, with 7 originations.
Origination Fees/Closing Costs
Capital Concepts's average total fees were $7,820, while their most frequently occuring range of origination fees (closing costs) were in the $3k-4k bucket, with 47 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5-6% | 63 | $8,515,000 | $135,159 |
| 3-4% | 59 | $11,035,000 | $187,034 |
| 4-5% | 29 | $3,875,000 | $133,621 |
| 2.5-3% | 27 | $6,885,000 | $255,000 |
| <2.5% | 8 | $2,730,000 | $341,250 |
During 2020, Capital Concepts's average interest rate for loans was 4.29%, while their most frequently originated rate bucket for loans was 5-6%, with 63 originations.
Loan Sizing
2020 saw Capital Concepts place emphasis on $100k-200k loans with 127 originations, totaling $17,545,000 in origination value.
Applicant Income
Capital Concepts lent most frequently to those with incomes in the $100k-150k range, with 57 originations. The second most popular income band? $150k-250k, with 51 originations.
Applicant Debt to Income Ratio
Capital Concepts lent most frequently to those with DTI ratios of 20-30%, with 54 originations. The next most common DTI ratio? 30-36%, with 28 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.55%
Capital Concepts has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination82.26%
Capital Concepts has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 186 | $33,040,000 | $177,634 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 186 | $33,040,000 | $177,634 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Capital Mortgage | Reverse mortgage | Closing on a mortgage | 1 | 100.0% |