Capital Credit Union Mortgage Rates, Fees & Info

Bismarck, ND

LEI: 549300VF12R0WS33KN43

Tax ID: 45-0226724

5 stars - Updated: 4/5/25 - out of 5 stars, based on 23 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Capital Credit Union is a smaller credit union specializing in Home Purchase loans. Capital Credit Union has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Bismarck, Fargo, Phoenix, Tampa, and Grand Forks among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Capital 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. Capital Credit Union is typically a low 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.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.72% 4/5/25
    30 Year Conventional Purchase 6.48% 4/5/25
    30 Year Conventional Refi 6.40% 4/5/25
    30 Year Cash-out Refi 6.31% 4/5/25
    30 Year FHA Purchase 6.52% 4/5/25
    30 Year VA Purchase 6.14% 4/5/25
    30 Year VA Refi 6.16% 4/5/25
    15 Year Conventional Purchase 6.21% 4/5/25
    15 Year Conventional Refi 5.87% 4/5/25
    15 Year Cash-out Refi 5.87% 4/5/25
    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.

    Capital Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Capital Credit Union. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    541

    Origination Dollar Volume (All Markets)

    $113,465,000

    Awards

    CAPITAL CREDIT UNION 30 Year Conventional Loans bronze CAPITAL CREDIT UNION 30 Year Conventional Loans silver CAPITAL CREDIT UNION 30 Year Conventional Loans bronze CAPITAL CREDIT UNION FHA Loans silver
    Show all (4) awards

    Relative Rate

    Capital Credit Union's average 30 year fixed mortgage rate was 6.13%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.42%.

    Relative Fees (Closing Costs)

    Capital Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $6,323.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

    Top 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
    BISMARCK, ND (FHA|USDA|VA) 338 $67,120,000 $198,580 $5,328 7.45%
    FARGO, ND-MN (FHA|USDA|VA) 98 $23,440,000 $239,184 $6,457 7.14%
    Outside of Metro Areas 75 $13,365,000 $178,200 $6,387 7.50%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $2,220,000 $555,000 $7,185 6.91%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $1,980,000 $990,000 $0 6.00%
    GRAND FORKS, ND-MN (FHA|USDA|VA) 4 $1,180,000 $295,000 $9,680 6.67%
    Fergus Falls, MN (FHA|USDA|VA) 5 $805,000 $161,000 $4,712 7.85%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $750,000 $375,000 $8,523 7.00%
    Spearfish, SD (FHA|USDA|VA) 1 $725,000 $725,000 $10,959 6.25%
    Dickinson, ND (FHA|USDA|VA) 3 $535,000 $178,333 $5,915 7.67%
    Wahpeton, ND-MN (FHA|USDA|VA) 2 $390,000 $195,000 $5,135 6.06%
    COLUMBIA, SC (FHA|USDA|VA) 1 $275,000 $275,000 $6,265 6.88%
    Minot, ND (FHA|USDA|VA) 2 $240,000 $120,000 $5,020 8.00%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $205,000 $205,000 $0 8.50%
    Williston, ND (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.90%
    Jamestown, ND (FHA|USDA|VA) 2 $110,000 $55,000 $0 7.88%
    Capital Credit Union's top markets include Bismarck, Fargo, Phoenix, Tampa, and Grand Forks among others.

    Their top states include:
  • North Dakota (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Dakota (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against CAPITAL CREDIT UNION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Western State Bank
    Similarity Rank: 108
    FIRST COMMUNITY CREDIT UNION
    Similarity Rank: 168
    AFFINITY PLUS
    Similarity Rank: 175
    VALLEY MORTGAGE, INC.
    Similarity Rank: 190
    Dakota Community Bank & Trust
    Similarity Rank: 238
    Merchants Bank
    Similarity Rank: 250
    Starion Bank
    Similarity Rank: 345
    Dacotah Bank
    Similarity Rank: 432
    Tradition Mortgage, LLC
    Similarity Rank: 440
    CENTRAL MINNESOTA Credit Union
    Similarity Rank: 546

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 267 $75,175,000 $281,554 $5,163 6.69%
    HELOC 217 $21,705,000 $100,023 n/a 8.66%
    FHA 50 $14,290,000 $285,800 $11,999 5.72%
    VA 7 $2,295,000 $327,857 $8,234 6.04%

    For 2024, Capital Credit Union's most frequently originated type of loan was Conventional, with 267 originations. Their 2nd most popular type was HELOC, with 217 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 286 $74,420,000 $260,210 $6,273 6.57%
    Other 102 $8,950,000 $87,745 $510 8.90%
    Home Improvement 85 $7,455,000 $87,706 $4,774 8.33%
    Refi 40 $12,900,000 $322,500 $4,686 7.16%
    Cash Out Refi 28 $9,740,000 $347,857 $4,439 7.58%

    For 2024, Capital Credit Union's most frequently cited loan purpose was Home Purchase, with 286 originations. The 2nd most popular reason was Other, with 102 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 210 $60,130,000 $286,333 $6,323 6.13%
    15 Year 109 $11,105,000 $101,881 $3,489 8.51%
    10 Year 97 $7,825,000 $80,670 $480 8.38%
    5 Year 55 $14,195,000 $258,091 $501 7.72%
    Other 40 $12,010,000 $300,250 $5,055 8.07%
    1 Year 17 $4,485,000 $263,824 $0 7.85%
    20 Year 8 $2,180,000 $272,500 $4,488 6.56%
    3 Year 5 $1,535,000 $307,000 $0 6.82%

    For 2024, Capital Credit Union's most frequently cited loan duration was 30 Year, with 210 originations. The 2nd most popular length was 15 Year, with 109 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 57 $12,595,000 $220,965
    $3k-4k 57 $15,365,000 $269,561
    $2k-3k 38 $7,800,000 $205,263
    $4k-5k 35 $11,945,000 $341,286
    $5k+ 31 $15,035,000 $485,000
    $1k-2k 25 $4,795,000 $191,800

    Capital Credit Union's average total fees were $6,323, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 57 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 175 $18,565,000 $106,086
    6-7% 137 $41,525,000 $303,102
    7-8% 117 $19,705,000 $168,419
    5-6% 98 $29,340,000 $299,388
    4-5% 14 $4,330,000 $309,286

    During 2024, Capital Credit Union's average interest rate for loans was 6.13%, while their most frequently originated rate bucket for loans was Over 8%, with 175 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 189 $54,635,000 $289,074 $6,115 6.63%
    $100,000 or less 172 $9,710,000 $56,453 $1,648 8.49%
    $100k-200k 129 $18,585,000 $144,070 $3,989 7.39%
    $400k-600k 38 $17,380,000 $457,368 $8,624 6.37%
    $600k-1MM 8 $6,150,000 $768,750 $10,028 6.67%
    $1MM+ 5 $7,005,000 $1,401,000 $12,131 6.40%

    2024 saw Capital Credit Union place emphasis on $200k-400k loans with 189 originations, totaling $54,635,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 141 $26,945,000 $191,099 $6,621 7.65%
    $150k-250k 115 $23,825,000 $207,174 $6,111 7.71%
    $50k-75k 86 $14,740,000 $171,395 $3,788 6.77%
    $75k-100k 81 $15,765,000 $194,630 $5,498 7.13%
    $50k or less 29 $2,315,000 $79,828 $2,945 7.52%
    $250k+ 23 $8,245,000 $358,478 $7,304 7.12%

    Capital Credit Union lent most frequently to those with incomes in the $100k-150k range, with 141 originations. The second most popular income band? $150k-250k, with 115 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 101 $18,335,000 $181,535 $5,612 7.51%
    20-30% 86 $13,810,000 $160,581 $5,007 7.46%
    41% 28 $7,330,000 $261,786 $5,865 7.68%
    43% 27 $4,925,000 $182,407 $6,534 7.53%
    50-60% 26 $6,640,000 $255,385 $9,782 6.65%
    <20% 25 $3,565,000 $142,600 $4,285 7.31%
    39% 24 $4,140,000 $172,500 $4,859 7.69%
    36% 21 $4,465,000 $212,619 $6,282 7.38%
    44% 18 $2,610,000 $145,000 $3,312 7.72%
    40% 17 $3,595,000 $211,471 $5,579 6.81%
    38% 17 $2,995,000 $176,176 $6,929 8.17%
    37% 16 $2,970,000 $185,625 $5,712 7.63%
    42% 13 $2,635,000 $202,692 $5,729 7.38%
    48% 12 $3,210,000 $267,500 $9,483 6.41%
    >60% 12 $2,670,000 $222,500 $5,848 7.99%
    47% 10 $2,760,000 $276,000 $7,506 6.69%
    45% 10 $2,490,000 $249,000 $4,953 6.42%
    49% 8 $1,460,000 $182,500 $3,871 6.22%
    46% 6 $1,490,000 $248,333 $7,712 7.34%

    Capital Credit Union lent most frequently to those with DTI ratios of 30-36%, with 101 originations. The next most common DTI ratio? 20-30%, with 86 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 440 $83,360,000 $189,455 $5,864 7.44%
    Not applicable 62 $18,510,000 $298,548 $0 7.39%
    Not provided 14 $5,000,000 $357,143 $3,241 7.45%
    Asian 8 $2,350,000 $293,750 $5,573 6.44%
    Black 8 $2,090,000 $261,250 $8,322 6.03%
    American Indian 4 $800,000 $200,000 $3,965 6.88%
    Other Asian 1 $425,000 $425,000 $8,008 5.88%
    Filipino 1 $355,000 $355,000 $0 5.25%
    Other Pacific Islander 2 $320,000 $160,000 $0 6.50%
    Native Hawaiian or Islander 1 $255,000 $255,000 $0 4.75%

    Approval Rates

    Total approvals of all applications
    97.06%

    Capital Credit Union has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    78.37%

    Capital Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 541 $113,465,000 $209,732

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    541 $113,465,000 $209,732

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 100 $13,900,000 $139,000 $2,500 8.47%
    40-60% 46 $9,420,000 $204,783 $4,523 7.31%
    60-80% 110 $29,280,000 $266,182 $5,779 7.03%
    80-100% 181 $51,705,000 $285,663 $6,744 6.42%
    Over 100% 2 $2,920,000 $1,460,000 $14,771 6.19%
    Under 20% 102 $6,240,000 $61,176 $495 8.47%