Velocity Commercial Capital Mortgage Rates, Fees & Info
Sacramento, CALEI: 549300TA4MQM8WN2XG31
Tax ID: 20-1193192
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Mortgage Data
Review & Overview
Velocity Commercial Capital is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Velocity Commercial Capital has a high proportion of conventional loans. Their top markets by origination volume include: New York, Los Angeles, Miami, San Francisco, and Philadelphia among others. We have data for 146 markets. (Some data included below & more in-depth data is available with an active subscription.)Velocity Commercial Capital 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. They typically have relatively high 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.27% | 11/21/24 |
| 30 Year Conventional Refi | 6.27% | 11/21/24 |
| 30 Year Cash-out Refi | 6.27% | 11/21/24 |
| 15 Year Conventional Purchase | 5.68% | 11/21/24 |
| 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. | ||
Velocity Commercial Capital Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,116Origination Dollar Volume (All Markets)
$355,900,000Top 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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 188 | $78,800,000 | $419,149 | $0 | 8.42% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 65 | $56,835,000 | $874,385 | $0 | 8.20% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 77 | $25,635,000 | $332,922 | $0 | 8.42% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 23 | $19,705,000 | $856,739 | $0 | 7.27% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 91 | $14,785,000 | $162,473 | $0 | 9.01% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 24 | $10,990,000 | $457,917 | $0 | 8.15% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 47 | $9,455,000 | $201,170 | $0 | 8.80% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 21 | $8,305,000 | $395,476 | $0 | 8.59% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 19 | $8,105,000 | $426,579 | $0 | 6.79% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 30 | $7,270,000 | $242,333 | $0 | 8.64% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 18 | $6,680,000 | $371,111 | $0 | 8.28% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 24 | $5,120,000 | $213,333 | $0 | 8.64% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 21 | $5,075,000 | $241,667 | $0 | 8.44% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 28 | $4,870,000 | $173,929 | $0 | 9.49% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 5 | $4,705,000 | $941,000 | $0 | 8.94% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 10 | $4,390,000 | $439,000 | $0 | 8.19% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 17 | $3,475,000 | $204,412 | $0 | 8.37% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 15 | $3,135,000 | $209,000 | $0 | 9.39% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $2,760,000 | $690,000 | $0 | 7.68% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 11 | $2,415,000 | $219,545 | $0 | 8.74% |
| FRESNO, CA (FHA|USDA|VA) | 8 | $2,140,000 | $267,500 | $0 | 7.74% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 16 | $2,100,000 | $131,250 | $0 | 8.70% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 10 | $2,020,000 | $202,000 | $0 | 8.99% |
| Outside of Metro Areas | 6 | $1,920,000 | $320,000 | $0 | 9.62% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 7 | $1,865,000 | $266,429 | $0 | 8.74% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 9 | $1,825,000 | $202,778 | $0 | 8.97% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 6 | $1,800,000 | $300,000 | $0 | 8.87% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 18 | $1,740,000 | $96,667 | $0 | 8.35% |
| SALEM, OR (FHA|USDA|VA) | 4 | $1,550,000 | $387,500 | $0 | 6.87% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 9 | $1,535,000 | $170,556 | $0 | 8.58% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $1,520,000 | $760,000 | $0 | 7.62% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 8 | $1,500,000 | $187,500 | $0 | 8.74% |
| MORGANTOWN, WV (FHA|USDA|VA) | 1 | $1,475,000 | $1,475,000 | $0 | 6.24% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $1,475,000 | $295,000 | $0 | 8.75% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 9 | $1,355,000 | $150,556 | $0 | 8.33% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 4 | $1,350,000 | $337,500 | $0 | 9.06% |
| VALLEJO, CA (FHA|USDA|VA) | 3 | $1,335,000 | $445,000 | $0 | 6.49% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 10 | $1,300,000 | $130,000 | $0 | 8.37% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $1,250,000 | $208,333 | $0 | 8.33% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 3 | $1,215,000 | $405,000 | $0 | 9.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 9 | $1,155,000 | $128,333 | $0 | 9.05% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 6 | $1,100,000 | $183,333 | $0 | 8.45% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $0 | 9.08% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 6 | $1,040,000 | $173,333 | $0 | 8.70% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 6 | $1,040,000 | $173,333 | $0 | 8.58% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $1,035,000 | $1,035,000 | $0 | 8.24% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 6 | $1,020,000 | $170,000 | $0 | 7.95% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 8 | $1,010,000 | $126,250 | $0 | 9.49% |
| STOCKTON, CA (FHA|USDA|VA) | 3 | $985,000 | $328,333 | $0 | 6.66% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 5 | $925,000 | $185,000 | $0 | 7.89% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 5 | $825,000 | $165,000 | $0 | 8.54% |
| MODESTO, CA (FHA|USDA|VA) | 3 | $805,000 | $268,333 | $0 | 8.24% |
| MERCED, CA (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $0 | 7.18% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 7 | $795,000 | $113,571 | $0 | 8.96% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $0 | 8.49% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 6 | $780,000 | $130,000 | $0 | 9.20% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $770,000 | $192,500 | $0 | 8.93% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $0 | 8.58% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 5 | $735,000 | $147,000 | $0 | 8.34% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $0 | 11.50% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $0 | 9.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $0 | 8.68% |
| BEND, OR (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $0 | 7.49% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 5 | $675,000 | $135,000 | $0 | 8.34% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $0 | 9.18% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $0 | 9.25% |
| Vineyard Haven, MA (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 10.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $0 | 8.75% |
| SANTA FE, NM (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $0 | 8.74% |
| GRANTS PASS, OR (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $0 | 8.37% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 5 | $595,000 | $119,000 | $0 | 9.19% |
| PITTSBURGH, PA (FHA|USDA|VA) | 5 | $545,000 | $109,000 | $0 | 9.09% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 6.49% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 4 | $470,000 | $117,500 | $0 | 7.68% |
| COLUMBUS, OH (FHA|USDA|VA) | 4 | $470,000 | $117,500 | $0 | 8.62% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 7.49% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $0 | 9.37% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 5 | $445,000 | $89,000 | $0 | 8.09% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 9.99% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 8.49% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 8.49% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 7.87% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $0 | 9.16% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 8.25% |
| MADERA, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 7.75% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 8.12% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 7.99% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 7.49% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 11.50% |
| BATON ROUGE, LA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 9.62% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 10.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 7.99% |
| READING, PA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 7.74% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 8.24% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 5.49% |
| KINGSTON, NY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 10.25% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 10.00% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 9.00% |
| Summerville, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 10.00% |
| OCALA, FL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 8.87% |
| ROCHESTER, NY (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 7.74% |
| BINGHAMTON, NY (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 11.00% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 10.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.99% |
| TULSA, OK (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 7.99% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 8.74% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 9.00% |
| BECKLEY, WV (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 10.00% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 10.00% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 9.49% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 6.24% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 10.50% |
| Berlin, NH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 10.00% |
| JONESBORO, AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 10.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 6.99% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 7.49% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 7.99% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 8.75% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.99% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 9.24% |
| LAWRENCE, KS (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 10.00% |
| Okeechobee, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 9.24% |
| RENO, NV (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 8.75% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 11.50% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.50% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.75% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.49% |
| Eagle Pass, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.49% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.75% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 10.25% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 11.50% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.49% |
| ROME, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 10.00% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.24% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 10.00% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 11.50% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 10.25% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 9.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 10.00% |
| Henderson, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 9.00% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 7.99% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 9.00% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 11.50% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.00% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.50% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,116 | $355,900,000 | $318,907 | $0 | 8.55% |
For 2020, Velocity Commercial Capital's most frequently originated type of loan was Conventional, with 1,116 originations.
Loan Reason
For 2020, Velocity Commercial Capital's most frequently cited loan purpose was Cash Out Refi, with 629 originations. The 2nd most popular reason was Home Purchase, with 363 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 794 | $258,560,000 | $325,642 | $0 | 7.93% |
| Other | 280 | $74,230,000 | $265,107 | $0 | 10.14% |
| 1 Year | 42 | $23,110,000 | $550,238 | $0 | 9.73% |
For 2020, Velocity Commercial Capital's most frequently cited loan duration was 30 Year, with 794 originations. The 2nd most popular length was Other, with 280 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 646 | $185,540,000 | $287,214 |
| 7-8% | 305 | $94,185,000 | $308,803 |
| 6-7% | 154 | $70,970,000 | $460,844 |
| 5-6% | 11 | $5,205,000 | $473,182 |
During 2020, Velocity Commercial Capital's average interest rate for loans was 7.93%, while their most frequently originated rate bucket for loans was Over 8%, with 646 originations.
Loan Sizing
2020 saw Velocity Commercial Capital place emphasis on $100k-200k loans with 400 originations, totaling $56,470,000 in origination value.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.34%
Velocity Commercial Capital has an average approval rate.
Pick Rate
Approvals leading to origination16.67%
Velocity Commercial Capital 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 | 1,116 | $355,900,000 | $318,907 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 72 | $33,790,000 | $469,306 |
| Single Family (1-4 Units):Site-Built | 1,044 | $322,110,000 | $308,534 |