Sibcy Cline Mortgage Services Rates, Fees & Info

CINCINNATI, OH

LEI: 25490039D55J3ZL21O72

Tax ID: 31-1064236

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Sibcy Cline Mortgage Services is a smaller mortgage company specializing in Home Purchase loans. Sibcy Cline Mortgage Services has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Cincinnati, Dayton, Wilmington, Springfield, and Maysville among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Sibcy Cline Mortgage Services 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. Sibcy Cline Mortgage Services 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 about average 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 5.91% 12/2/24
    30 Year Cash-out Refi 5.90% 12/2/24
    30 Year FHA Purchase 6.05% 12/2/24
    30 Year VA Purchase 6.31% 12/2/24
    30 Year VA Refi 6.27% 12/2/24
    30 Year USDA Purchase 6.27% 12/2/24
    15 Year Conventional Purchase 5.57% 12/2/24
    15 Year Conventional Refi 5.55% 12/2/24
    15 Year Cash-out Refi 5.55% 12/2/24
    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.

    Sibcy Cline Mortgage Services Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Sibcy Cline Mortgage Services. 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

    664

    Origination Dollar Volume (All Markets)

    $134,880,000
    Show all (9) awards

    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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 601 $125,555,000 $208,910 $4,021 4.10%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 47 $6,465,000 $137,553 $4,138 4.11%
    Wilmington, OH (FHA|USDA|VA) 6 $1,140,000 $190,000 $4,846 4.02%
    SPRINGFIELD, OH (FHA|USDA|VA) 6 $900,000 $150,000 $6,708 4.06%
    Outside of Metro Areas 3 $535,000 $178,333 $4,066 4.21%
    Maysville, KY (FHA|USDA|VA) 1 $285,000 $285,000 $3,234 3.88%
    Sibcy Cline Mortgage Services's top markets include Cincinnati, Dayton, Wilmington, Springfield, and Maysville among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against SIBCY CLINE MORTGAGE SERVICES based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The North Side Bank & Trust Company
    Similarity Rank: 55
    CINFED Federal Credit Union
    Similarity Rank: 162
    KH NETWORK CREDIT UNION
    Similarity Rank: 304
    RIVER VALLEY CREDIT UNION, INC.
    Similarity Rank: 716
    Somerville Bank
    Similarity Rank: 1001
    The Friendship State Bank
    Similarity Rank: 1040
    TELHIO
    Similarity Rank: 1054
    First State Bank
    Similarity Rank: 1179
    OPTION FINANCIAL, LLC
    Similarity Rank: 1284
    VICTORY MORTGAGE, L.L.C.
    Similarity Rank: 1391

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 475 $101,815,000 $214,347 $3,423 4.19%
    FHA 118 $18,560,000 $157,288 $5,659 4.05%
    VA 56 $12,310,000 $219,821 $6,016 3.59%
    USDA 15 $2,195,000 $146,333 $4,288 3.75%

    For 2019, Sibcy Cline Mortgage Services's most frequently originated type of loan was Conventional, with 475 originations. Their 2nd most popular type was FHA, with 118 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 596 $119,880,000 $201,141 $4,156 4.14%
    Refi 51 $11,925,000 $233,824 $3,282 3.64%
    Cash Out Refi 17 $3,075,000 $180,882 $3,141 4.32%

    For 2019, Sibcy Cline Mortgage Services's most frequently cited loan purpose was Home Purchase, with 596 originations. The 2nd most popular reason was Refi, with 51 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 619 $125,335,000 $202,480 $4,110 4.12%
    15 Year 37 $8,205,000 $221,757 $3,377 3.77%
    10 Year 4 $370,000 $92,500 $2,689 4.91%
    20 Year 3 $765,000 $255,000 $3,022 3.71%
    Other 1 $205,000 $205,000 $3,002 3.88%

    For 2019, Sibcy Cline Mortgage Services's most frequently cited loan duration was 30 Year, with 619 originations. The 2nd most popular length was 15 Year, with 37 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 483 $91,965,000 $190,404
    $2k-3k 80 $19,070,000 $238,375
    $<1k 78 $14,200,000 $182,051
    $3k-4k 16 $5,260,000 $328,750
    $4k-5k 4 $2,500,000 $625,000
    $5k+ 3 $1,885,000 $628,333

    Sibcy Cline Mortgage Services's average total fees were $4,110, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 483 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 361 $78,205,000 $216,634
    4-5% 259 $50,305,000 $194,228
    5-6% 40 $5,200,000 $130,000
    2.5-3% 3 $1,085,000 $361,667
    6-7% 1 $85,000 $85,000

    During 2019, Sibcy Cline Mortgage Services's average interest rate for loans was 4.12%, while their most frequently originated rate bucket for loans was 3-4%, with 361 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 291 $44,095,000 $151,529 $3,822 4.14%
    $200k-400k 254 $66,760,000 $262,835 $4,429 3.93%
    $100,000 or less 88 $6,520,000 $74,091 $3,089 4.48%
    $400k-600k 21 $9,685,000 $461,190 $4,324 3.92%
    $600k-1MM 9 $6,585,000 $731,667 $7,630 4.17%
    $1MM+ 1 $1,235,000 $1,235,000 $9,178 4.50%

    2019 saw Sibcy Cline Mortgage Services place emphasis on $100k-200k loans with 291 originations, totaling $44,095,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 195 $32,515,000 $166,744 $4,056 4.13%
    $50k or less 137 $16,065,000 $117,263 $3,541 4.18%
    $100k-150k 131 $31,115,000 $237,519 $4,187 4.02%
    $75k-100k 106 $22,120,000 $208,679 $4,215 4.13%
    $150k-250k 63 $18,625,000 $295,635 $3,995 3.96%
    $250k+ 32 $14,440,000 $451,250 $5,133 4.11%

    Sibcy Cline Mortgage Services lent most frequently to those with incomes in the $50k-75k range, with 195 originations. The second most popular income band? $50k or less, with 137 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 174 $35,750,000 $205,460 $3,960 4.06%
    30-36% 146 $28,460,000 $194,932 $4,070 4.15%
    <20% 59 $14,325,000 $242,797 $3,698 3.98%
    42% 32 $6,540,000 $204,375 $4,256 4.15%
    38% 28 $5,290,000 $188,929 $4,267 4.00%
    40% 26 $5,000,000 $192,308 $4,652 4.05%
    41% 24 $4,610,000 $192,083 $3,695 4.14%
    39% 23 $3,895,000 $169,348 $3,963 4.28%
    43% 20 $4,290,000 $214,500 $4,801 3.89%
    36% 19 $4,305,000 $226,579 $4,350 4.22%
    37% 18 $3,500,000 $194,444 $4,099 4.35%
    44% 18 $3,170,000 $176,111 $3,596 4.40%
    48% 14 $3,090,000 $220,714 $4,565 4.06%
    46% 13 $2,545,000 $195,769 $4,394 3.97%
    47% 12 $2,240,000 $186,667 $4,544 4.21%
    49% 12 $3,060,000 $255,000 $3,805 4.34%
    45% 11 $2,095,000 $190,455 $3,747 4.14%
    >60% 9 $1,895,000 $210,556 $3,039 3.85%
    50-60% 6 $820,000 $136,667 $5,068 3.85%

    Sibcy Cline Mortgage Services lent most frequently to those with DTI ratios of 20-30%, with 174 originations. The next most common DTI ratio? 30-36%, with 146 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 609 $123,105,000 $202,143 $4,036 4.09%
    Asian 22 $5,950,000 $270,455 $4,788 3.96%
    Black 24 $4,340,000 $180,833 $4,251 4.52%
    Not provided 6 $1,150,000 $191,667 $3,154 4.46%
    American Indian 2 $260,000 $130,000 $3,433 3.88%
    Other Asian 1 $75,000 $75,000 $4,022 3.88%

    Approval Rates

    Total approvals of all applications
    96.73%

    Sibcy Cline Mortgage Services has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    71.23%

    Sibcy Cline Mortgage Services has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 664 $134,880,000 $203,133

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 664 $134,880,000 $203,133

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $1,490,000 $149,000 $2,563 3.98%
    40-60% 22 $3,850,000 $175,000 $3,319 3.89%
    60-80% 131 $28,715,000 $219,198 $3,377 4.12%
    80-100% 482 $97,270,000 $201,805 $4,189 4.11%
    Over 100% 15 $3,495,000 $233,000 $8,249 3.68%
    Under 20% 4 $60,000 $15,000 $1,960 5.19%