Capital Partners Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 549300X23Y2CUDX6A106

Tax ID: 46-2981456

3.4 stars - out of 5 stars, based on 32 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Capital Partners Mortgage is a smaller mortgage company specializing in Home Purchase loans. Capital Partners Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Miami, Port St. Lucie, Deltona, Orlando, and Jacksonville among others. Capital Partners Mortgage 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 Partners Mortgage is typically an average fee lendor.


Originations

1,045

Origination Dollar Volume (All Markets)

$324,415,000

Relative Rate

Capital Partners Mortgage 's average 30 year fixed rate mortgage of loans were 3.28%.

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

This yields a difference of 0.13%.

Relative Fees

Capital Partners Mortgage 's average total fees for a 30 year fixed rate mortgage are $5,922.

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
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 811 $261,405,000 $322,324 $5,777 3.22%
PORT ST. LUCIE, FL (FHA|USDA|VA) 153 $39,775,000 $259,967 $5,628 3.20%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 27 $6,605,000 $244,630 $5,572 3.25%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 12 $4,000,000 $333,333 $4,939 3.31%
JACKSONVILLE, FL (FHA|USDA|VA) 7 $2,505,000 $357,857 $4,693 3.23%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 6 $2,050,000 $341,667 $5,087 3.06%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 6 $1,620,000 $270,000 $6,477 3.06%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $1,540,000 $256,667 $4,877 3.41%
Key West, FL (FHA|USDA|VA) 4 $1,430,000 $357,500 $6,470 3.50%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,120,000 $280,000 $7,533 2.72%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $925,000 $308,333 $6,118 3.33%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $860,000 $430,000 $5,261 3.13%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $255,000 $255,000 $5,125 3.63%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $145,000 $145,000 $4,956 4.38%
THE VILLAGES, FL (FHA|USDA|VA) 1 $95,000 $95,000 $2,766 3.25%
OCALA, FL (FHA|USDA|VA) 1 $85,000 $85,000 $4,623 3.50%

Capital Partners Mortgage 's top markets include Miami, Port St. Lucie, Deltona, Orlando, and Jacksonville among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 931 $289,015,000 $310,435 $5,133 3.23%
FHA 79 $23,425,000 $296,519 $10,682 3.28%
VA 35 $11,975,000 $342,143 $10,496 2.92%

For the 2021 period, Capital Partners Mortgage 's most frequently originated loan type of loans were Conventional, with 931 originations. Their 2nd most popular type is FHA, with 79 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 746 $238,290,000 $319,424 $6,124 3.26%
Refi 168 $48,820,000 $290,595 $4,354 2.96%
Cash Out Refi 130 $37,030,000 $284,846 $5,204 3.33%
Other 1 $275,000 $275,000 $13,307 3.13%

For the 2021, Capital Partners Mortgage 's most frequently cited loan purpose of loans were Home Purchase, with 746 originations. The 2nd most popular reason of loans were Refi, with 168 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 947 $299,575,000 $316,341 $5,922 3.28%
15 Year 76 $19,680,000 $258,947 $4,108 2.68%
20 Year 12 $3,310,000 $275,833 $3,527 3.06%
Other 6 $1,400,000 $233,333 $3,829 3.02%
5 Year 3 $25,000 $8,333 $0 0.00%
10 Year 1 $425,000 $425,000 $4,143 2.63%

For the 2021, Capital Partners Mortgage 's most frequently cited loan length of loans were 30 Year, with 947 originations. The 2nd most popular length of loans were 15 Year, with 76 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 758 $234,390,000 $309,222
$2k-3k 138 $38,790,000 $281,087
$3k-4k 89 $28,565,000 $320,955
$5k+ 32 $17,920,000 $560,000
$<1k 28 $4,750,000 $169,643

$5,922 of loans were Capital Partners Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 758 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 586 $178,580,000 $304,744
2.5-3% 352 $118,730,000 $337,301
<2.5% 54 $13,020,000 $241,111
4-5% 46 $11,440,000 $248,696
5-6% 6 $2,530,000 $421,667
6-7% 1 $115,000 $115,000

During 2021, Capital Partners Mortgage 's average interest rate of loans were 3.28%, while their most frequently originated rate bucket of loans were 3-4%, with 586 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 543 $158,495,000 $291,888 $5,879 3.22%
$100k-200k 217 $32,955,000 $151,866 $4,252 3.41%
$400k-600k 190 $91,040,000 $479,158 $6,614 3.14%
$100,000 or less 55 $3,555,000 $64,636 $2,767 2.78%
$600k-1MM 28 $20,970,000 $748,929 $8,407 3.15%
$1MM+ 12 $17,400,000 $1,450,000 $19,201 3.36%

2021 saw Capital Partners Mortgage place emphasis on $200k-400k loans with 543 originations, totaling $158,495,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 236 $79,470,000 $336,737 $5,758 3.17%
$50k-75k 232 $52,250,000 $225,216 $5,533 3.18%
$75k-100k 203 $58,025,000 $285,837 $5,702 3.23%
$150k-250k 187 $71,345,000 $381,524 $5,533 3.23%
$50k or less 101 $14,315,000 $141,733 $4,480 3.26%
$250k+ 75 $44,885,000 $598,467 $7,826 3.29%

Capital Partners Mortgage lent most frequently to those with incomes in the $100k-150k range, with 236 originations. The second most popular income band? $50k-75k, with 232 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 158 $52,390,000 $331,582 $5,585 3.21%
20-30% 149 $45,175,000 $303,188 $4,938 3.17%
<20% 66 $20,220,000 $306,364 $5,515 2.89%
43% 59 $16,355,000 $277,203 $5,560 3.28%
49% 57 $14,925,000 $261,842 $5,749 3.29%
44% 55 $15,885,000 $288,818 $5,499 3.32%
39% 53 $19,835,000 $374,245 $5,766 3.32%
38% 50 $14,040,000 $280,800 $5,305 3.27%
42% 48 $13,240,000 $275,833 $5,563 3.32%
41% 48 $16,650,000 $346,875 $6,189 3.31%
48% 43 $11,695,000 $271,977 $5,966 3.25%
40% 42 $11,770,000 $280,238 $5,808 3.28%
45% 41 $12,525,000 $305,488 $5,501 3.28%
36% 38 $15,610,000 $410,789 $5,745 3.19%
50-60% 37 $12,725,000 $343,919 $10,690 3.06%
47% 33 $9,385,000 $284,394 $5,111 3.27%
37% 32 $10,370,000 $324,063 $5,908 3.24%
46% 29 $9,005,000 $310,517 $5,769 3.27%
>60% 2 $940,000 $470,000 $11,507 3.19%

Capital Partners Mortgage lent most frequently to those with DTI ratios of 30-36%, with 158 originations. The next most common DTI ratio? 20-30%, with 149 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 807 $253,205,000 $313,761 $5,671 3.21%
Not provided 120 $37,210,000 $310,083 $5,354 3.23%
Black 93 $24,815,000 $266,828 $6,615 3.27%
Asian 22 $8,430,000 $383,182 $6,374 3.09%
American Indian 2 $590,000 $295,000 $5,764 3.56%
Native Hawaiian 1 $165,000 $165,000 $3,952 3.88%

Approval Rates

Total approvals of all applications
92.67%

Capital Partners Mortgage has an average approval rate.

Pick Rate

Approvals leading to origination
63.16%

Capital Partners Mortgage 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 1,045 $324,415,000 $310,445

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,045 $324,415,000 $310,445

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 38 $8,340,000 $219,474 $4,270 3.21%
40-60% 127 $34,295,000 $270,039 $4,447 2.99%
60-80% 421 $130,385,000 $309,703 $5,253 3.33%
80-100% 431 $145,485,000 $337,552 $6,588 3.28%
Over 100% 15 $5,525,000 $368,333 $13,622 2.92%
Under 20% 13 $385,000 $29,615 $598 0.45%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Capital For Change, Inc. FHA mortgage Struggling to pay mortgage 1 100.0%