Capital Communications Federal Credit Union Mortgage Rates, Fees & InfoAlbany, NY
Tax ID: 14-1407700
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCapital Communications Federal Credit Union is a smaller credit union specializing in Home Improvement and Cash Out Refi loans. Capital Communications Federal Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Albany, Buffalo, New York, Glens Falls, and Poughkeepsie among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)
Capital Communications Federal 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.
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Origination Dollar Volume (All Markets)$254,400,000
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|
|ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA)||1,652||$228,700,000||$138,438||$0||3.58%|
|BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA)||5||$6,355,000||$1,271,000||$0||3.55%|
|Outside of Metro Areas||48||$3,950,000||$82,292||$0||3.41%|
|New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)||33||$3,885,000||$117,727||$0||3.41%|
|GLENS FALLS, NY (FHA|USDA|VA)||45||$3,215,000||$71,444||$0||3.40%|
|POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA)||18||$1,970,000||$109,444||$0||3.53%|
|Amsterdam, NY (FHA|USDA|VA)||20||$1,690,000||$84,500||$0||3.52%|
|Gloversville, NY (FHA|USDA|VA)||16||$1,560,000||$97,500||$0||3.55%|
|Hudson, NY (FHA|USDA|VA)||20||$1,450,000||$72,500||$0||3.45%|
|Plattsburgh, NY (FHA|USDA|VA)||4||$440,000||$110,000||$0||3.15%|
|Oneonta, NY (FHA|USDA|VA)||2||$360,000||$180,000||$0||3.62%|
|SYRACUSE, NY (FHA|USDA|VA)||4||$220,000||$55,000||$0||3.37%|
|KINGSTON, NY (FHA|USDA|VA)||3||$185,000||$61,667||$0||3.71%|
|ROCHESTER, NY (FHA|USDA|VA)||3||$135,000||$45,000||$0||3.08%|
|UTICA-ROME, NY (FHA|USDA|VA)||1||$95,000||$95,000||$0||2.88%|
|Cortland, NY (FHA|USDA|VA)||1||$65,000||$65,000||$0||2.88%|
|Auburn, NY (FHA|USDA|VA)||1||$55,000||$55,000||$0||3.25%|
|Olean, NY (FHA|USDA|VA)||1||$35,000||$35,000||$0||3.13%|
|ELMIRA, NY (FHA|USDA|VA)||1||$35,000||$35,000||$0||3.75%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2021, Capital Communications Federal Credit Union's most frequently originated type of loan was HELOC, with 1,828 originations. Their 2nd most popular type was Conventional, with 50 originations.
For 2021, Capital Communications Federal Credit Union's most frequently cited loan purpose was Home Improvement, with 791 originations. The 2nd most popular reason was Cash Out Refi, with 696 originations.
For 2021, Capital Communications Federal Credit Union's most frequently cited loan duration was 10 Year, with 636 originations. The 2nd most popular length was 15 Year, with 586 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2021, Capital Communications Federal Credit Union's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 1,101 originations.
2021 saw Capital Communications Federal Credit Union place emphasis on $100,000 or less loans with 1,206 originations, totaling $61,700,000 in origination value.
Capital Communications Federal Credit Union lent most frequently to those with incomes in the $100k-150k range, with 454 originations. The second most popular income band? $50k-75k, with 413 originations.
Applicant Debt to Income Ratio
Capital Communications Federal Credit Union lent most frequently to those with DTI ratios of 20-30%, with 475 originations. The next most common DTI ratio? 30-36%, with 307 originations.
Approval RatesTotal approvals of all applications
Capital Communications Federal Credit Union has an average approval rate.
Pick RateApprovals leading to origination
Capital Communications Federal Credit Union has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|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%|