Capital Plus Financial Mortgage Rates, Fees & Info
BEDFORD, TXLEI: 549300ZY6PRWY54O6995
Tax ID: 47-1997371
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Capital Plus Financial is a smaller mortgage company specializing in Home Purchase loans. Capital Plus Financial has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Houston, and San Antonio among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)Capital Plus Financial has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Capital Plus Financial 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 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.
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 |
|---|---|---|
| 30 Year Conventional Purchase | 11.94% | 11/17/24 |
| 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. | ||
Capital Plus Financial Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Capital Plus Financial. 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
17Origination Dollar Volume (All Markets)
$2,915,000Awards
CAPITAL PLUS FINANCIAL - 2023
CAPITAL PLUS FINANCIAL is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
Work for CAPITAL PLUS FINANCIAL?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Capital Plus Financial's average 30 year fixed mortgage rate was
11.55%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 5.07%.
Relative Fees (Closing Costs)
Capital Plus Financial's average total fees/closing costs for a 30 year fixed rate
mortgage were $313.
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 $9,089.
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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 8 | $1,520,000 | $190,000 | $163 | 11.51% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 5 | $875,000 | $175,000 | $158 | 11.51% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $1,326 | 11.33% |
Similar Lenders
We use machine learning to identify the top lenders compared against CAPITAL PLUS FINANCIAL based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 258
Similarity Rank: 296
Similarity Rank: 360
Similarity Rank: 714
Similarity Rank: 759
Similarity Rank: 770
Similarity Rank: 824
Similarity Rank: 981
Similarity Rank: 1048
Similarity Rank: 1050
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 17 | $2,915,000 | $171,471 | $435 | 11.47% |
For 2023, Capital Plus Financial's most frequently originated type of loan was Conventional, with 17 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 16 | $2,890,000 | $180,625 | $313 | 11.55% |
| Refi | 1 | $25,000 | $25,000 | $2,397 | 10.13% |
For 2023, Capital Plus Financial's most frequently cited loan purpose was Home Purchase, with 16 originations. The 2nd most popular reason was Refi, with 1 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 16 | $2,890,000 | $180,625 | $313 | 11.55% |
| 5 Year | 1 | $25,000 | $25,000 | $2,397 | 10.13% |
For 2023, Capital Plus Financial's most frequently cited loan duration was 30 Year, with 16 originations. The 2nd most popular length was 5 Year, with 1 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 16 | $2,780,000 | $173,750 |
| $2k-3k | 1 | $135,000 | $135,000 |
Capital Plus Financial's average total fees were $313, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 16 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 17 | $2,915,000 | $171,471 |
During 2023, Capital Plus Financial's average interest rate for loans was 11.55%, while their most frequently originated rate bucket for loans was Over 8%, with 17 originations.
Loan Sizing
2023 saw Capital Plus Financial place emphasis on $100k-200k loans with 12 originations, totaling $2,070,000 in origination value.
Applicant Income
Capital Plus Financial lent most frequently to those with incomes in the $75k-100k range, with 6 originations. The second most popular income band? $100k-150k, with 4 originations.
Applicant Debt to Income Ratio
Capital Plus Financial lent most frequently to those with DTI ratios of 30-36%, with 6 originations. The next most common DTI ratio? 20-30%, with 4 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 17 | $2,915,000 | $171,471 | $435 | 11.47% |
Approval Rates
Total approvals of all applications64.10%
Capital Plus Financial has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination52.94%
Capital Plus Financial 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 | 17 | $2,915,000 | $171,471 |