Capital Credit Union Mortgage Rates, Fees & Info

Green Bay, WI

LEI: 549300VEZ43KYEWR3610

Tax ID: 39-0394240

5 stars - out of 5 stars, based on 43 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Capital Credit Union is a smaller credit union specializing in Refi and Home Purchase loans. Capital Credit Union has a high proportion of conventional loans. Their top markets include Green Bay, Appleton, Oshkosh, Shawano, and Marinette among others. Capital Credit Union has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Capital Credit Union is typically a low fee lendor.


Originations

1,871

Origination Dollar Volume (All Markets)

$296,925,000
Show all (13) awards

Relative Rate

Capital Credit Union's average 30 year fixed rate mortgage of loans were 2.92%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.23%.

Relative Fees

Capital Credit Union's average total fees for a 30 year fixed rate mortgage are $1,782.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
GREEN BAY, WI (FHA|USDA|VA) 892 $141,620,000 $158,767 $1,371 2.84%
APPLETON, WI (FHA|USDA|VA) 517 $83,505,000 $161,518 $1,363 2.77%
Outside of Metro Areas 151 $23,455,000 $155,331 $1,507 2.74%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 113 $18,385,000 $162,699 $1,559 2.86%
Shawano, WI (FHA|USDA|VA) 101 $14,255,000 $141,139 $1,385 2.80%
Marinette, WI-MI (FHA|USDA|VA) 58 $8,240,000 $142,069 $1,486 2.75%
Manitowoc, WI (FHA|USDA|VA) 16 $2,530,000 $158,125 $1,618 2.75%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $1,455,000 $485,000 $1,961 2.58%
Stevens Point, WI (FHA|USDA|VA) 4 $960,000 $240,000 $2,096 3.00%
SHEBOYGAN, WI (FHA|USDA|VA) 4 $700,000 $175,000 $1,843 3.03%
WAUSAU-WESTON, WI (FHA|USDA|VA) 5 $675,000 $135,000 $1,606 2.60%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $415,000 $415,000 $2,716 3.25%
FOND DU LAC, WI (FHA|USDA|VA) 3 $355,000 $118,333 $1,576 3.17%
EAU CLAIRE, WI (FHA|USDA|VA) 2 $330,000 $165,000 $1,721 2.88%
Iron Mountain, MI-WI (FHA|USDA|VA) 1 $45,000 $45,000 $860 3.25%

Capital Credit Union's top markets include Green Bay, Appleton, Oshkosh, Shawano, and Marinette among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,871 $296,925,000 $158,699 $1,404 2.81%

For the 2021 period, Capital Credit Union's most frequently originated loan type of loans were Conventional, with 1,871 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 1,416 $207,170,000 $146,306 $1,239 2.76%
Home Purchase 403 $75,535,000 $187,432 $1,942 2.99%
Home Improvement 42 $12,220,000 $290,952 $2,249 2.65%
Cash Out Refi 10 $2,000,000 $200,000 $1,192 3.19%

For the 2021, Capital Credit Union's most frequently cited loan purpose of loans were Refi, with 1,416 originations. The 2nd most popular reason of loans were Home Purchase, with 403 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
15 Year 822 $115,570,000 $140,596 $1,220 2.64%
30 Year 746 $148,550,000 $199,129 $1,782 2.92%
Other 131 $15,165,000 $115,763 $432 3.23%
20 Year 88 $10,540,000 $119,773 $1,144 3.03%
10 Year 60 $5,270,000 $87,833 $879 2.54%
5 Year 23 $1,345,000 $58,478 $435 2.95%
30+ year 1 $485,000 $485,000 $2,677 2.50%

For the 2021, Capital Credit Union's most frequently cited loan length of loans were 15 Year, with 822 originations. The 2nd most popular length of loans were 30 Year, with 746 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,783 $280,925,000 $157,557
$1k-2k 1 $285,000 $285,000
$3k-4k 1 $355,000 $355,000
$5k+ 1 $315,000 $315,000

$1,782 of loans were Capital Credit Union's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,783 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
<2.5% 773 $131,365,000 $169,942
2.5-3% 611 $82,965,000 $135,786
3-4% 483 $82,445,000 $170,694
4-5% 4 $150,000 $37,500

During 2021, Capital Credit Union's average interest rate of loans were 2.92%, while their most frequently originated rate bucket of loans were <2.5%, with 773 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 885 $129,355,000 $146,164 $1,568 2.80%
$100,000 or less 526 $34,000,000 $64,639 $766 2.79%
$200k-400k 407 $106,365,000 $261,339 $1,777 2.86%
$400k-600k 45 $20,615,000 $458,111 $2,108 2.68%
$600k-1MM 7 $5,585,000 $797,857 $2,176 3.01%
$1MM+ 1 $1,005,000 $1,005,000 $1,941 2.50%

2021 saw Capital Credit Union place emphasis on $100k-200k loans with 885 originations, totaling $129,355,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 472 $63,490,000 $134,513 $1,407 2.81%
$100k-150k 425 $80,305,000 $188,953 $1,471 2.79%
$75k-100k 386 $61,660,000 $159,741 $1,424 2.77%
$50k or less 345 $34,995,000 $101,435 $1,230 2.78%
$150k-250k 133 $32,025,000 $240,789 $1,571 2.78%
$250k+ 24 $8,780,000 $365,833 $1,813 2.64%

Capital Credit Union lent most frequently to those with incomes in the $50k-75k range, with 472 originations. The second most popular income band? $100k-150k, with 425 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 548 $82,870,000 $151,223 $1,405 2.81%
30-36% 395 $61,705,000 $156,215 $1,409 2.78%
<20% 217 $30,125,000 $138,825 $1,237 2.73%
39% 89 $13,765,000 $154,663 $1,445 2.77%
41% 84 $14,520,000 $172,857 $1,459 2.77%
42% 81 $14,925,000 $184,259 $1,595 2.75%
40% 77 $14,045,000 $182,403 $1,450 2.83%
38% 75 $12,675,000 $169,000 $1,432 2.89%
37% 66 $11,130,000 $168,636 $1,581 2.87%
36% 66 $10,070,000 $152,576 $1,364 2.73%
>60% 29 $3,935,000 $135,690 $1,183 2.85%
50-60% 21 $4,565,000 $217,381 $1,494 2.80%
43% 19 $3,455,000 $181,842 $1,271 2.60%
44% 11 $2,115,000 $192,273 $1,480 2.76%
45% 10 $1,620,000 $162,000 $1,284 2.69%
47% 9 $1,345,000 $149,444 $1,482 2.60%
46% 7 $1,355,000 $193,571 $1,524 2.79%
48% 4 $270,000 $67,500 $900 2.72%
49% 2 $450,000 $225,000 $1,918 2.63%

Capital Credit Union lent most frequently to those with DTI ratios of 20-30%, with 548 originations. The next most common DTI ratio? 30-36%, with 395 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,757 $276,155,000 $157,174 $1,401 2.78%
Not applicable 60 $11,890,000 $198,167 $0 3.51%
American Indian 20 $3,110,000 $155,500 $1,296 2.79%
Not provided 15 $2,515,000 $167,667 $1,623 2.82%
Asian 11 $2,265,000 $205,909 $1,635 2.76%
Black 6 $750,000 $125,000 $1,890 3.25%
Native Hawaiian 2 $240,000 $120,000 $1,076 2.94%

Approval Rates

Total approvals of all applications
93.14%

Capital Credit Union has an average approval rate.

Pick Rate

Approvals leading to origination
55.41%

Capital Credit Union 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 1,871 $296,925,000 $158,699

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,871 $296,925,000 $158,699

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 164 $12,510,000 $76,280 $792 2.72%
40-60% 363 $48,235,000 $132,879 $1,183 2.66%
60-80% 667 $115,465,000 $173,111 $1,501 2.85%
80-100% 561 $116,815,000 $208,226 $1,826 2.86%
Under 20% 116 $3,900,000 $33,621 $436 2.93%

Complaints

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