General Mortgage Capital Corporation Interest Rate and Cost Review

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

Review ItemGeneral Mortgage Capital Corporation
Interest Ratesimilar to other lenders (-0.03%)
Loan Related Closing Costslower than other lenders (-$1257)
National Rate and Closing Cost Star Rating(4)

On average, General Mortgage Capital Corporation’s interest rates were similar to those of other lenders (-0.03%). On the other hand, its loan related closing costs were lower than those of other lenders, with a difference of -$1257. Overall, combining interest rates and closing costs we estimate that General Mortgage Capital Corporation tends to be an average cost 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 General Mortgage Capital Corporation, check out its website at:

General Mortgage Capital Corporation’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 General Mortgage Capital Corporation was most active in:

  1. Los Angeles, CA
  2. San Francisco, CA
  3. San Jose, CA
  4. Sacramento, CA
  5. San Diego, CA

General Mortgage Capital Corporation’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, General Mortgage Capital Corporation originated Conforming and Jumbo mortgages for new home purchases and refinances. Its average interest rate and total loan related closing cost difference relative to other lenders by mortgages type is as follows.

New Purchase MortgagesConformingJumbo
Interest Rate Difference+0.02%+0.09%
Loan Related Closing Cost Difference-$231+$70
Cost Adjusted Rate Difference+0.01%+0.10%
National Star Rating(3.5)(3)
Refinance MortgagesConformingJumbo
Interest Rate Difference-0.06%+0.07%
Loan Related Closing Cost Difference-$1722-$12
Cost Adjusted Rate Difference-0.13%+0.07%
Average Star Rating(4)(3)

As a summary, General Mortgage Capital Corporation is similar to other lenders for Conforming purchase mortgages. It is more expensive than other lenders for Jumbo purchase mortgages. For refinancing, General Mortgage Capital Corporation is cheap for Conforming mortgage refinance. It is more expensive than other lenders for Jumbo 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 General Mortgage Capital Corporation:

Registered name: General Mortgage Capital Corporation
Registered city and state: BURLINGAME, CA, 94010
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 General Mortgage Capital Corporation’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.