SBA lender · 7(a) program
Mortgage Capital Development Corporation
Mortgage Capital Development Corporation has approved 5,715 SBA loans worth $6.63B since FY2010 - the #8 SBA lender in the country by dollars approved. Everything below comes from the SBA’s own loan-level records.
National rank
#8
1.31% of all SBA dollars
Total approved
$6.63B
FY2010 onward
Loans
5,715
Median loan
$771,000
+328% vs national
Median rate
10.25%
+3.50 pts vs national
Charge-off rate
0.7%
1,349 resolved FY10-19 loans
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Reading the record
What Mortgage Capital Development Corporation’s numbers say
Mortgage Capital Development Corporation sits near the top of the SBA lending field, having approved 5,715 loans for a gross total of $6.63B since fiscal 2010. Its median loan of $771,000 is substantially larger than the $180,000 national median, which usually signals a focus on real-estate-backed or acquisition deals rather than small working-capital notes.
The median initial note rate across its 7(a) approvals is 10.25%, 3.50 points above the national median of 6.75%. Rate medians drawn across fifteen years reflect the mix of loan sizes and vintages a lender wrote as much as its pricing posture - a lender that grew fastest during a high-rate stretch will look expensive here even if its spread was ordinary.
Of its FY2010-FY2019 approvals that have reached a terminal status, 0.7% were charged off, 6.8 points below the national figure of 7.6%. Read that as a description of the credit box a lender chose, not as a verdict on it: lenders serving newer businesses and thinner files will always show higher losses than those writing large, collateralised acquisition loans.
Roughly 2% of its approvals went to businesses the SBA classified as new rather than existing, against 11% nationally - a book weighted toward established operators.
Where Mortgage Capital Development Corporation lends
| State | Loans | Share |
|---|---|---|
| California | 4,425 | |
| Arizona | 593 | |
| Nevada | 547 | |
| Oregon | 79 | |
| Hawaii | 22 | |
| Texas | 12 | |
| New Mexico | 8 | |
| Utah | 6 |
What it lends against
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Questions about Mortgage Capital Development Corporation
- How many SBA loans has Mortgage Capital Development Corporation approved?
- Mortgage Capital Development Corporation has approved 5,715 SBA loans totalling $6,627,552,900 in gross approvals from fiscal year 2010 through the most recent SBA data release. That places it #8 among all SBA lenders by dollars approved.
- What is the typical Mortgage Capital Development Corporation SBA loan size?
- The median gross approval is $771,000, with the middle 80% of loans falling between $257,000 and $2,615,000. The national median across all SBA lenders is $180,000.
- What interest rate does Mortgage Capital Development Corporation charge on SBA 7(a) loans?
- The median initial note rate on Mortgage Capital Development Corporation's 7(a) approvals is 10.25%, compared with a national median of 6.75%. This is a historical median across all approvals since FY2010, not a quote - SBA 7(a) rates are pegged to a base rate that moves, and your rate depends on loan size, term, and credit profile.
- What is Mortgage Capital Development Corporation's SBA loan charge-off rate?
- 0.7% of its FY2010-FY2019 approvals that have reached a terminal status were charged off, against a national figure of 7.6%. A charge-off rate reflects the borrowers a lender chose to underwrite as much as anything else, and is not a measure of service quality.
Where to go from here
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