CapGrow Home Mortgage Interest Rate and Cost Review

Is CapGrow Home Mortgage a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by CapGrow Home Mortgage to those of other lenders for a comparable set of borrowers. Here is our review of CapGrow Home Mortgage nationally:

Review ItemCapGrow Home Mortgage
Interest Ratesimilar to other lenders (-0.10%)
Loan Related Closing Costssimilar to other lenders (-$195)
National Rate and Closing Cost Star Rating(4)

On average, CapGrow Home Mortgage’s interest rates were similar to those of other lenders (-0.10%). Its loan related closing costs were also similar to those of other lenders, with a difference of -$195. Overall, combining interest rates and closing costs we estimate that CapGrow Home Mortgage tends to be a cheap lender, and give it a National Rate and Closing Costs Rating of 4 out of 5 stars.

We maintain our independence by not accepting any money from the mortgage lenders we review. To visit CapGrow Home Mortgage, check out its website at:

CapGrow Home Mortgage’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. For our list of the top mortgage lenders by city, click here. In particular, among the cities we track CapGrow Home Mortgage was most active in:

  1. St. Louis, MO
  2. Kansas City, MO
  3. Village of Four Seasons, MO
  4. Columbia, MO

CapGrow Home Mortgage’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, CapGrow Home Mortgage originated Conforming, FHA and Jumbo mortgages for new home purchases. It also originated Conforming, FHA, Jumbo and USDA mortgages for refinances. Its average interest rate and total loan related closing cost difference relative to other lenders for comparable borrowers by mortgages type is as follows.

New Purchase MortgagesConformingFHAJumbo
Interest Rate Difference-0.07%-0.02%+0.01%
Loan Related Closing Cost Difference-$43-$122+$4
Cost Adjusted Rate Difference-0.08%-0.02%+0.01%
National Star Rating(4)(3.5)(3.5)
Refinance MortgagesConformingFHAJumboUSDA
Interest Rate Difference-0.13%-0.03%+0.03%-0.01%
Loan Related Closing Cost Difference-$298-$196-$4-$9
Cost Adjusted Rate Difference-0.15%-0.05%+0.03%-0.01%
Average Star Rating(4.5)(3.5)(3.5)(3.5)

As a summary, CapGrow Home Mortgage is cheap for Conforming purchase mortgages. It is similar to other lenders for FHA and Jumbo purchase mortgages. For refinancing mortgages, CapGrow Home Mortgage is cheap for Conforming mortgage refinance. It is similar to other lenders for FHA, Jumbo and USDA mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about CapGrow Home Mortgage:

Registered name: CapGrow Home Mortgage
Registered city and state: Chesterfield, MO, 63017
Regulator: United States Department of Housing and Urban Development (HUD)

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for CapGrow Home Mortgage’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.