Capital Plus Financial Mortgage Rates, Fees & Info
BEDFORD, TXLEI: 549300ZY6PRWY54O6995
Tax ID: 47-1997371
Latest/2024 | 2023 Data | 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 (well, only) market is Houston.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 | 8.93% | 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 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
3Origination Dollar Volume (All Markets)
$505,000Relative Rate
Capital Plus Financial's average 30 year fixed mortgage rate was
9.09%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 2.54%.
Relative Fees (Closing Costs)
Capital Plus Financial's average total fees/closing costs for a 30 year fixed rate
mortgage were $187.
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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $187 | 9.09% |
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: 105
Similarity Rank: 133
Similarity Rank: 180
Similarity Rank: 237
Similarity Rank: 275
Similarity Rank: 405
Similarity Rank: 468
Similarity Rank: 532
Similarity Rank: 586
Similarity Rank: 609
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 3 | $505,000 | $168,333 | $187 | 9.09% |
For 2024, Capital Plus Financial's most frequently originated type of loan was Conventional, with 3 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 3 | $505,000 | $168,333 | $187 | 9.09% |
For 2024, Capital Plus Financial's most frequently cited loan purpose was Home Purchase, with 3 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 3 | $505,000 | $168,333 | $187 | 9.09% |
For 2024, Capital Plus Financial's most frequently cited loan duration was 30 Year, with 3 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 3 | $505,000 | $168,333 |
Capital Plus Financial's average total fees were $187, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 3 | $505,000 | $168,333 |
During 2024, Capital Plus Financial's average interest rate for loans was 9.09%, while their most frequently originated rate bucket for loans was Over 8%, with 3 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 3 | $505,000 | $168,333 | $187 | 9.09% |
2024 saw Capital Plus Financial place emphasis on $100k-200k loans with 3 originations, totaling $505,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $75k-100k | 2 | $330,000 | $165,000 | $177 | 9.02% |
| $150k-250k | 1 | $175,000 | $175,000 | $205 | 9.25% |
Capital Plus Financial lent most frequently to those with incomes in the $75k-100k range, with 2 originations. The second most popular income band? $150k-250k, with 1 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 2 | $330,000 | $165,000 | $177 | 9.02% |
| <20% | 1 | $175,000 | $175,000 | $205 | 9.25% |
Capital Plus Financial lent most frequently to those with DTI ratios of 20-30%, with 2 originations. The next most common DTI ratio? <20%, with 1 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 3 | $505,000 | $168,333 | $187 | 9.09% |
Approval Rates
Total approvals of all applications55.56%
Capital Plus Financial has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination33.33%
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 | 3 | $505,000 | $168,333 |