Security Service Mortgage Rates, Fees & Info

San Antonio, TX

LEI: 5493008N1D96CHCTQC27

Tax ID: 74-1277697

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

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Mortgage Data

Review & Overview

Security Service is a small mortgage company specializing in Cash Out Refi, Refi, and Home Purchase loans. Security Service has a high proportion of conventional loans. Their top markets by origination volume include: San Antonio, Heber, Provo, Denver, and Salt Lake City among others. We have data for 84 markets. (Some data included below & more in-depth data is available with an active subscription.)

Security Service has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Security Service 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.

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
Home Equity Line of Credit (HELOC) 4.67% 3/28/24
30 Year Conventional Purchase 6.43% 3/28/24
30 Year Conventional Refi 6.21% 3/28/24
30 Year Cash-out Refi 6.42% 3/28/24
30 Year FHA Purchase 6.27% 3/28/24
30 Year VA Purchase 6.27% 3/28/24
15 Year Conventional Purchase 6.12% 3/28/24
15 Year Conventional Refi 5.84% 3/28/24
15 Year Cash-out Refi 5.84% 3/28/24
15 Year FHA Purchase 5.68% 3/28/24
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.

Security Service Mortgage Calculator






Your Estimates

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

This is not an official calculator from Security Service. 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

8,746

Origination Dollar Volume (All Markets)

$2,020,930,000
Show all (21) 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
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3,858 $790,260,000 $204,837 $3,189 2.95%
Heber, UT (FHA|USDA|VA) 89 $133,825,000 $1,503,652 $17,241 3.07%
PROVO-OREM, UT (FHA|USDA|VA) 437 $121,595,000 $278,249 $4,457 3.03%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 506 $117,410,000 $232,036 $2,933 3.08%
SALT LAKE CITY, UT (FHA|USDA|VA) 378 $94,340,000 $249,577 $4,097 3.16%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 237 $92,455,000 $390,105 $6,739 3.09%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 567 $90,775,000 $160,097 $3,040 2.89%
COLORADO SPRINGS, CO (FHA|USDA|VA) 467 $89,255,000 $191,124 $2,626 3.10%
FORT COLLINS, CO (FHA|USDA|VA) 172 $49,970,000 $290,523 $2,598 2.98%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 126 $48,050,000 $381,349 $6,105 3.24%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 298 $45,760,000 $153,557 $2,937 2.91%
Outside of Metro Areas 139 $37,805,000 $271,978 $4,642 2.96%
CORPUS CHRISTI, TX (FHA|USDA|VA) 186 $37,020,000 $199,032 $3,176 2.92%
GREELEY, CO (FHA|USDA|VA) 192 $35,370,000 $184,219 $2,593 3.06%
PUEBLO, CO (FHA|USDA|VA) 230 $33,800,000 $146,957 $2,226 2.98%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 85 $33,685,000 $396,294 $5,459 3.08%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 98 $28,070,000 $286,429 $4,167 2.93%
ST. GEORGE, UT (FHA|USDA|VA) 101 $26,995,000 $267,277 $4,111 3.03%
EL PASO, TX (FHA|USDA|VA) 167 $24,225,000 $145,060 $2,572 2.93%
BOULDER, CO (FHA|USDA|VA) 44 $11,020,000 $250,455 $3,813 2.94%
Uvalde, TX (FHA|USDA|VA) 60 $9,470,000 $157,833 $3,235 2.93%
Kerrville, TX (FHA|USDA|VA) 19 $4,745,000 $249,737 $4,505 2.97%
Rockport, TX (FHA|USDA|VA) 19 $4,675,000 $246,053 $3,227 3.18%
LAREDO, TX (FHA|USDA|VA) 34 $4,220,000 $124,118 $2,453 3.00%
GRAND JUNCTION, CO (FHA|USDA|VA) 19 $3,835,000 $201,842 $1,800 3.34%
LOGAN, UT-ID (FHA|USDA|VA) 9 $3,555,000 $395,000 $2,424 2.94%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $13,515 2.88%
CaƱon City, CO (FHA|USDA|VA) 17 $2,795,000 $164,412 $2,700 2.86%
Edwards, CO (FHA|USDA|VA) 8 $2,770,000 $346,250 $2,880 3.56%
Eagle Pass, TX (FHA|USDA|VA) 20 $2,540,000 $127,000 $2,713 3.04%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $2,250,000 $1,125,000 $4,602 2.13%
Breckenridge, CO (FHA|USDA|VA) 4 $2,090,000 $522,500 $4,075 2.90%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $2,065,000 $688,333 $14,224 2.91%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $2,030,000 $1,015,000 $3,777 2.13%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 12 $1,990,000 $165,833 $3,118 2.96%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 9 $1,895,000 $210,556 $3,270 2.76%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,880,000 $940,000 $2,425 2.62%
Pearsall, TX (FHA|USDA|VA) 4 $1,740,000 $435,000 $4,828 2.69%
Rio Grande City-Roma, TX (FHA|USDA|VA) 10 $1,650,000 $165,000 $2,925 2.96%
MIDLAND, TX (FHA|USDA|VA) 6 $1,640,000 $273,333 $3,864 2.77%
Del Rio, TX (FHA|USDA|VA) 10 $1,330,000 $133,000 $2,385 2.79%
TYLER, TX (FHA|USDA|VA) 4 $1,210,000 $302,500 $3,839 2.47%
SAN ANGELO, TX (FHA|USDA|VA) 6 $1,200,000 $200,000 $2,914 3.15%
Kingsville, TX (FHA|USDA|VA) 9 $955,000 $106,111 $2,146 3.00%
Cedar City, UT (FHA|USDA|VA) 4 $880,000 $220,000 $3,381 2.94%
Kalispell, MT (FHA|USDA|VA) 1 $825,000 $825,000 $4,277 2.13%
Beeville, TX (FHA|USDA|VA) 5 $785,000 $157,000 $2,820 2.90%
Athens, TX (FHA|USDA|VA) 4 $770,000 $192,500 $4,081 2.84%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $715,000 $715,000 $16,337 3.50%
Raymondville, TX (FHA|USDA|VA) 4 $680,000 $170,000 $3,306 3.00%
Fredericksburg, TX (FHA|USDA|VA) 4 $640,000 $160,000 $2,649 3.19%
VICTORIA, TX (FHA|USDA|VA) 4 $590,000 $147,500 $2,411 2.84%
WACO, TX (FHA|USDA|VA) 4 $550,000 $137,500 $2,207 2.56%
Alice, TX (FHA|USDA|VA) 5 $525,000 $105,000 $2,483 2.83%
Durango, CO (FHA|USDA|VA) 1 $505,000 $505,000 $2,218 2.75%
Montrose, CO (FHA|USDA|VA) 3 $495,000 $165,000 $3,184 2.71%
AMARILLO, TX (FHA|USDA|VA) 4 $480,000 $120,000 $2,520 2.94%
Stephenville, TX (FHA|USDA|VA) 1 $455,000 $455,000 $4,941 2.88%
LUBBOCK, TX (FHA|USDA|VA) 3 $375,000 $125,000 $1,717 2.67%
Port Lavaca, TX (FHA|USDA|VA) 2 $310,000 $155,000 $3,775 2.88%
Granbury, TX (FHA|USDA|VA) 2 $290,000 $145,000 $1,505 2.56%
Steamboat Springs, CO (FHA|USDA|VA) 1 $285,000 $285,000 $1,630 3.00%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $285,000 $285,000 $5,582 2.13%
Mineral Wells, TX (FHA|USDA|VA) 1 $265,000 $265,000 $7,102 2.75%
Sterling, CO (FHA|USDA|VA) 3 $265,000 $88,333 $1,887 3.38%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $235,000 $235,000 $3,176 2.88%
ODESSA, TX (FHA|USDA|VA) 2 $230,000 $115,000 $2,567 3.94%
Glenwood Springs, CO (FHA|USDA|VA) 2 $220,000 $110,000 $3,328 2.87%
Paris, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,023 3.50%
Bay City, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,337 4.00%
Nacogdoches, TX (FHA|USDA|VA) 1 $185,000 $185,000 $8,035 2.75%
GREAT FALLS, MT (FHA|USDA|VA) 1 $175,000 $175,000 $4,132 2.38%
Lufkin, TX (FHA|USDA|VA) 1 $175,000 $175,000 $2,937 3.00%
Zapata, TX (FHA|USDA|VA) 1 $165,000 $165,000 $1,498 2.75%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $155,000 $155,000 $1,656 3.25%
Huntsville, TX (FHA|USDA|VA) 2 $130,000 $65,000 $3,999 3.25%
Brownwood, TX (FHA|USDA|VA) 1 $105,000 $105,000 $1,348 2.75%
Pampa, TX (FHA|USDA|VA) 1 $105,000 $105,000 $1,350 2.88%
Vernal, UT (FHA|USDA|VA) 1 $105,000 $105,000 $1,432 2.25%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $85,000 $85,000 $1,365 2.88%
LONGVIEW, TX (FHA|USDA|VA) 1 $75,000 $75,000 $1,619 2.38%
Craig, CO (FHA|USDA|VA) 1 $75,000 $75,000 $1,563 3.25%
Fort Morgan, CO (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.49%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.49%
Security Service's top markets include San Antonio, Heber, Provo, Denver, and Salt Lake City among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Similar Lenders

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

    SunWest Credit Union
    Similarity Rank: 115
    GECU
    Similarity Rank: 124
    Citizens Bank of Las Cruces
    Similarity Rank: 208
    EVOLVE
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    HORIZON UTAH Federal Credit Union
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    WEBER STATE FEDERAL CREDIT UNION
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    AMOCO
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    State Bank of Southern Utah
    Similarity Rank: 432
    EL PASO AREA TEACHERS
    Similarity Rank: 510
    United Heritage Credit Union
    Similarity Rank: 636

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 7,092 $1,778,220,000 $250,736 $3,485 2.96%
    HELOC 1,654 $242,710,000 $146,741 n/a 3.09%

    For 2021, Security Service's most frequently originated type of loan was Conventional, with 7,092 originations. Their 2nd most popular type was HELOC, with 1,654 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 3,051 $657,305,000 $215,439 $2,971 3.01%
    Refi 2,459 $495,605,000 $201,547 $2,641 2.79%
    Other 1,669 $215,585,000 $129,170 $2,174 3.23%
    Home Purchase 1,558 $651,610,000 $418,235 $6,075 2.99%
    Home Improvement 9 $825,000 $91,667 $2,189 4.46%

    For 2021, Security Service's most frequently cited loan purpose was Cash Out Refi, with 3,051 originations. The 2nd most popular reason was Refi, with 2,459 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,537 $1,192,165,000 $337,055 $4,443 3.06%
    15 Year 2,220 $362,770,000 $163,410 $2,565 2.74%
    30+ year 1,654 $242,710,000 $146,741 $0 3.09%
    20 Year 753 $139,855,000 $185,730 $2,840 3.19%
    10 Year 579 $77,555,000 $133,946 $1,991 2.90%
    5 Year 3 $5,875,000 $1,958,333 $1,768 4.08%

    For 2021, Security Service's most frequently cited loan duration was 30 Year, with 3,537 originations. The 2nd most popular length was 15 Year, with 2,220 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 5,538 $1,095,740,000 $197,858
    $1k-2k 553 $106,085,000 $191,835
    $2k-3k 400 $100,830,000 $252,075
    $5k+ 306 $329,710,000 $1,077,484
    $3k-4k 207 $74,545,000 $360,121
    $4k-5k 81 $42,475,000 $524,383

    Security Service's average total fees were $4,443, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 5,538 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 4,758 $1,095,510,000 $230,246
    3-4% 2,276 $567,350,000 $249,275
    <2.5% 1,371 $319,465,000 $233,016
    4-5% 277 $33,375,000 $120,487
    5-6% 40 $4,160,000 $104,000
    6-7% 24 $1,070,000 $44,583

    During 2021, Security Service's average interest rate for loans was 3.06%, while their most frequently originated rate bucket for loans was 2.5-3%, with 4,758 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 3,291 $477,235,000 $145,012 $2,522 2.97%
    $200k-400k 2,325 $631,055,000 $271,422 $3,534 2.96%
    $100,000 or less 2,179 $146,545,000 $67,253 $1,827 3.08%
    $400k-600k 508 $242,570,000 $477,500 $5,500 2.95%
    $600k-1MM 241 $184,165,000 $764,170 $9,648 2.91%
    $1MM+ 202 $339,360,000 $1,680,000 $17,179 2.89%

    2021 saw Security Service place emphasis on $100k-200k loans with 3,291 originations, totaling $477,235,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 2,027 $421,465,000 $207,926 $3,231 3.02%
    $50k-75k 1,921 $283,795,000 $147,733 $2,547 2.98%
    $75k-100k 1,594 $271,690,000 $170,445 $2,780 2.99%
    $150k-250k 1,325 $390,465,000 $294,691 $4,427 3.00%
    $50k or less 1,202 $151,370,000 $125,932 $2,275 2.93%
    $250k+ 671 $476,315,000 $709,858 $9,488 2.97%

    Security Service lent most frequently to those with incomes in the $100k-150k range, with 2,027 originations. The second most popular income band? $50k-75k, with 1,921 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,878 $423,360,000 $225,431 $3,395 2.92%
    30-36% 1,376 $306,250,000 $222,565 $3,494 2.95%
    50-60% 1,096 $252,080,000 $230,000 $3,400 3.10%
    <20% 887 $222,065,000 $250,355 $3,721 2.85%
    >60% 333 $73,185,000 $219,775 $3,239 3.02%
    38% 268 $57,120,000 $213,134 $3,443 3.07%
    42% 262 $54,500,000 $208,015 $3,278 3.00%
    36% 249 $52,725,000 $211,747 $3,369 3.00%
    40% 247 $66,385,000 $268,765 $3,886 3.01%
    39% 245 $54,005,000 $220,429 $3,400 2.98%
    43% 243 $54,375,000 $223,765 $3,440 3.05%
    44% 243 $52,645,000 $216,646 $3,485 3.01%
    41% 230 $50,690,000 $220,391 $3,442 3.04%
    45% 216 $50,120,000 $232,037 $3,640 3.12%
    37% 210 $46,020,000 $219,143 $3,068 3.05%
    46% 207 $49,305,000 $238,188 $3,971 3.09%
    47% 188 $46,660,000 $248,191 $4,064 3.07%
    48% 185 $40,825,000 $220,676 $3,525 3.13%
    49% 177 $42,785,000 $241,723 $3,516 3.10%

    Security Service lent most frequently to those with DTI ratios of 20-30%, with 1,878 originations. The next most common DTI ratio? 30-36%, with 1,376 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 6,731 $1,572,865,000 $233,675 $3,537 2.99%
    Not provided 1,374 $279,770,000 $203,617 $3,234 3.01%
    Asian 272 $65,270,000 $239,963 $3,697 2.92%
    Black 205 $45,475,000 $221,829 $3,584 3.04%
    Not applicable 6 $25,830,000 $4,305,000 $0 3.77%
    American Indian 119 $22,285,000 $187,269 $2,911 2.96%
    Native Hawaiian or Islander 39 $9,435,000 $241,923 $3,106 2.99%

    Approval Rates

    Total approvals of all applications
    85.15%

    Security Service has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.80%

    Security Service has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 8,746 $2,020,930,000 $231,069

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    8,746 $2,020,930,000 $231,069

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,634 $229,670,000 $140,557 $2,265 2.94%
    40-60% 1,871 $391,965,000 $209,495 $2,902 2.81%
    60-80% 3,014 $910,100,000 $301,958 $3,900 2.98%
    80-100% 1,267 $418,485,000 $330,296 $4,697 3.02%
    Under 20% 960 $70,710,000 $73,656 $1,558 3.40%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Security National Financial Corp Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 7.1%
    Security National Financial Corp Conventional home mortgage Closing on a mortgage 1 7.1%
    Security National Financial Corp Conventional home mortgage Incorrect information on your report 1 7.1%
    Security National Financial Corp Conventional home mortgage Trouble during payment process 5 35.7%
    Security National Financial Corp FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 7.1%
    Security National Financial Corp FHA mortgage Trouble during payment process 2 14.3%
    Security National Financial Corp Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 2 14.3%
    Security National Financial Corp VA mortgage Closing on a mortgage 1 7.1%