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 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 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% | 5/4/24 |
| 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
96Origination Dollar Volume (All Markets)
$14,340,000Awards
CAPITAL PLUS FINANCIAL - 2021
CAPITAL PLUS FINANCIAL is a 2021 , due to their low .
For 2021, 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.
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) | 43 | $6,615,000 | $153,837 | $115 | 9.21% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 32 | $4,760,000 | $148,750 | $185 | 9.23% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 21 | $2,965,000 | $141,190 | $310 | 9.26% |
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: 405
Similarity Rank: 704
Similarity Rank: 1320
Similarity Rank: 1512
Similarity Rank: 1674
Similarity Rank: 1968
Similarity Rank: 2057
Similarity Rank: 2076
Similarity Rank: 2220
Similarity Rank: 2220
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 96 | $14,340,000 | $149,375 | $181 | 9.23% |
For 2021, Capital Plus Financial's most frequently originated type of loan was Conventional, with 96 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 96 | $14,340,000 | $149,375 | $181 | 9.23% |
For 2021, Capital Plus Financial's most frequently cited loan purpose was Home Purchase, with 96 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 96 | $14,340,000 | $149,375 | $181 | 9.23% |
For 2021, Capital Plus Financial's most frequently cited loan duration was 30 Year, with 96 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 94 | $14,090,000 | $149,894 |
| $2k-3k | 2 | $250,000 | $125,000 |
Capital Plus Financial's average total fees were $181, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 94 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 96 | $14,340,000 | $149,375 |
During 2021, Capital Plus Financial's average interest rate for loans was 9.23%, while their most frequently originated rate bucket for loans was Over 8%, with 96 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 96 | $14,340,000 | $149,375 | $181 | 9.23% |
2021 saw Capital Plus Financial place emphasis on $100k-200k loans with 96 originations, totaling $14,340,000 in origination value.
Applicant Income
Capital Plus Financial lent most frequently to those with incomes in the $50k-75k range, with 33 originations. The second most popular income band? $75k-100k, with 29 originations.
Applicant Debt to Income Ratio
Capital Plus Financial lent most frequently to those with DTI ratios of 20-30%, with 24 originations. The next most common DTI ratio? 30-36%, with 21 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 96 | $14,340,000 | $149,375 | $181 | 9.23% |
Approval Rates
Total approvals of all applications90.71%
Capital Plus Financial has an average approval rate.
Pick Rate
Approvals leading to origination67.71%
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 | 96 | $14,340,000 | $149,375 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 60-80% | 6 | $680,000 | $113,333 | $502 | 9.11% |
| 80-100% | 90 | $13,660,000 | $151,778 | $159 | 9.24% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Capital Alliance Financial, LLC | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |