International City Mortgage Rates, Fees & Info

ORANGE, CA

LEI: 5493008ZTV4S0W9DCX64

Tax ID: 33-0231744

1.9 stars - out of 5 stars, based on 35 reviews

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

Jump to:

Mortgage Data

  • SimulatedRates™
  • Review & Overview

    International City Mortgage is a smaller mortgage company specializing in Refi and Home Purchase loans. International City Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, Riverside, Urban Honolulu, Seattle, and Phoenix among others. We have data for 87 markets. (Some data included below & more in-depth data is available with an active subscription.)

    International City Mortgage 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. International City Mortgage is typically a high 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
    30 Year Conventional Purchase 6.76% 10/3/22
    30 Year Conventional Refi 6.65% 10/3/22
    30 Year FHA Purchase 7.86% 10/3/22
    30 Year FHA Refi 7.57% 10/3/22
    30 Year VA Purchase 6.40% 10/3/22
    30 Year VA Refi 6.26% 10/3/22
    30 Year USDA Purchase 6.98% 10/3/22
    15 Year Conventional Purchase 6.29% 10/3/22
    15 Year Conventional Refi 6.53% 10/3/22
    15 Year Cash-out Refi 6.53% 10/3/22
    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.


    Originations

    1,259

    Origination Dollar Volume (All Markets)

    $486,215,000

    Relative Rate

    International City Mortgage 's average 30 year fixed mortgage rate was 3.18%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.03%.

    Relative Fees (Closing Costs)

    International City Mortgage 's average total fees/closing costs for a 30 year fixed rate mortgage were $7,758.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 275 $149,585,000 $543,945 $8,839 3.09%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 244 $85,710,000 $351,270 $8,375 3.19%
    URBAN HONOLULU, HI (FHA|USDA|VA) 94 $43,710,000 $465,000 $8,218 2.82%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 127 $42,745,000 $336,575 $6,910 3.26%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 98 $29,060,000 $296,531 $6,232 3.23%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 107 $25,995,000 $242,944 $5,928 3.28%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 38 $17,350,000 $456,579 $9,115 3.09%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 37 $14,845,000 $401,216 $8,324 2.86%
    RENO, NV (FHA|USDA|VA) 38 $14,500,000 $381,579 $5,443 3.14%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 11 $6,475,000 $588,636 $7,917 3.24%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 15 $4,425,000 $295,000 $5,420 3.33%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 7 $3,815,000 $545,000 $10,952 3.23%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 5 $3,475,000 $695,000 $13,615 3.22%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 10 $2,410,000 $241,000 $6,037 3.21%
    VALLEJO, CA (FHA|USDA|VA) 8 $2,170,000 $271,250 $8,280 3.32%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,995,000 $665,000 $8,955 2.92%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $1,955,000 $279,286 $3,548 3.45%
    BAKERSFIELD, CA (FHA|USDA|VA) 7 $1,905,000 $272,143 $8,348 3.23%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $1,805,000 $361,000 $9,641 3.00%
    Centralia, WA (FHA|USDA|VA) 4 $1,640,000 $410,000 $5,825 3.16%
    Hilo, HI (FHA|USDA|VA) 4 $1,550,000 $387,500 $4,290 2.75%
    STOCKTON, CA (FHA|USDA|VA) 5 $1,455,000 $291,000 $8,411 3.60%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $1,230,000 $615,000 $7,192 2.69%
    YUMA, AZ (FHA|USDA|VA) 5 $1,185,000 $237,000 $5,410 2.95%
    ALBUQUERQUE, NM (FHA|USDA|VA) 4 $1,090,000 $272,500 $8,523 3.16%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $1,060,000 $265,000 $6,266 3.15%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $1,040,000 $260,000 $7,181 3.84%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $915,000 $305,000 $4,716 2.88%
    Kapaa, HI (FHA|USDA|VA) 2 $870,000 $435,000 $6,152 3.19%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $780,000 $195,000 $4,181 2.78%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $770,000 $385,000 $8,209 3.50%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $705,000 $235,000 $3,473 3.04%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $675,000 $675,000 $18,588 3.99%
    Shelton, WA (FHA|USDA|VA) 2 $670,000 $335,000 $11,298 3.00%
    SALT LAKE CITY, UT (FHA|USDA|VA) 3 $665,000 $221,667 $3,955 3.29%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $665,000 $221,667 $6,580 3.29%
    STATE COLLEGE, PA (FHA|USDA|VA) 2 $650,000 $325,000 $6,095 3.00%
    Outside of Metro Areas 2 $560,000 $280,000 $7,077 2.88%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $545,000 $545,000 $4,398 2.38%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 4 $530,000 $132,500 $5,381 4.19%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $525,000 $175,000 $4,121 3.58%
    MADERA, CA (FHA|USDA|VA) 2 $510,000 $255,000 $4,811 3.44%
    Fernley, NV (FHA|USDA|VA) 2 $510,000 $255,000 $3,246 3.00%
    ST. GEORGE, UT (FHA|USDA|VA) 2 $490,000 $245,000 $2,242 2.81%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $480,000 $240,000 $4,542 3.88%
    Warren, PA (FHA|USDA|VA) 4 $470,000 $117,500 $6,096 3.25%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $445,000 $445,000 $5,849 2.88%
    CARSON CITY, NV (FHA|USDA|VA) 1 $405,000 $405,000 $5,222 3.38%
    Jefferson, GA (FHA|USDA|VA) 1 $405,000 $405,000 $2,094 3.75%
    NAPA, CA (FHA|USDA|VA) 1 $395,000 $395,000 $5,680 4.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $395,000 $395,000 $4,932 2.75%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $385,000 $385,000 $7,805 4.13%
    MERCED, CA (FHA|USDA|VA) 1 $385,000 $385,000 $4,474 3.13%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 1 $375,000 $375,000 $5,758 4.13%
    PROVO-OREM, UT (FHA|USDA|VA) 1 $365,000 $365,000 $13,834 2.50%
    Fallon, NV (FHA|USDA|VA) 1 $355,000 $355,000 $3,958 3.13%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $335,000 $335,000 $4,165 2.88%
    SALEM, OR (FHA|USDA|VA) 1 $335,000 $335,000 $4,653 2.88%
    Moses Lake, WA (FHA|USDA|VA) 1 $315,000 $315,000 $6,663 3.38%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $295,000 $295,000 $8,433 4.50%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $265,000 $265,000 $2,995 3.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $255,000 $85,000 $4,550 3.38%
    Port Lavaca, TX (FHA|USDA|VA) 1 $245,000 $245,000 $5,903 3.50%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $245,000 $245,000 $3,525 2.88%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $225,000 $225,000 $11,212 4.38%
    Kalispell, MT (FHA|USDA|VA) 1 $225,000 $225,000 $3,597 3.13%
    ERIE, PA (FHA|USDA|VA) 2 $220,000 $110,000 $3,005 2.75%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $215,000 $215,000 $6,323 3.63%
    BURLINGTON, NC (FHA|USDA|VA) 1 $215,000 $215,000 $0 4.13%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $205,000 $205,000 $3,596 3.50%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $205,000 $205,000 $2,094 2.25%
    Pahrump, NV (FHA|USDA|VA) 1 $205,000 $205,000 $10,104 2.63%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $205,000 $205,000 $7,429 2.75%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $195,000 $195,000 $2,930 2.25%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,120 3.13%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $195,000 $195,000 $6,874 2.50%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $195,000 $195,000 $2,981 3.38%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $165,000 $165,000 $3,966 3.88%
    FRESNO, CA (FHA|USDA|VA) 1 $155,000 $155,000 $4,075 3.50%
    Show Low, AZ (FHA|USDA|VA) 1 $145,000 $145,000 $5,457 3.13%
    YAKIMA, WA (FHA|USDA|VA) 1 $145,000 $145,000 $3,149 3.63%
    Lewistown, PA (FHA|USDA|VA) 1 $135,000 $135,000 $7,779 4.38%
    New Castle, PA (FHA|USDA|VA) 1 $115,000 $115,000 $4,194 3.38%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $95,000 $95,000 $2,392 4.13%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $75,000 $75,000 $2,723 2.63%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $65,000 $65,000 $3,556 3.50%
    Bradford, PA (FHA|USDA|VA) 1 $55,000 $55,000 $3,344 3.63%

    International City Mortgage 's top markets include Los Angeles, Riverside, Urban Honolulu, Seattle, and Phoenix among others.

    Similar Lenders

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

    HONOLULU
    Similarity Rank: 53
    HAWAIIAN FINANCIAL
    Similarity Rank: 212
    Territorial Savings Bank
    Similarity Rank: 332
    Great Basin Federal Credit Union
    Similarity Rank: 348
    Christian Community Credit Union
    Similarity Rank: 354
    First Credit Union
    Similarity Rank: 378
    HAWAII STATE FEDERAL CREDIT UNION
    Similarity Rank: 404
    First Hawaiian Bank
    Similarity Rank: 420
    HAWAIIUSA FEDERAL CREDIT UNION
    Similarity Rank: 424

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 968 $367,450,000 $379,597 $6,224 3.14%
    FHA 196 $71,850,000 $366,582 $12,749 3.36%
    VA 92 $46,380,000 $504,130 $10,766 2.85%
    HELOC 1 $195,000 $195,000 n/a 2.88%
    FHA 1 $125,000 $125,000 $0 2.50%
    USDA 1 $215,000 $215,000 $7,546 2.88%

    For 2021, International City Mortgage 's most frequently originated type of loan was Conventional, with 968 originations. Their 2nd most popular type was FHA, with 196 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 654 $237,780,000 $363,578 $6,454 3.11%
    Home Purchase 605 $248,435,000 $410,636 $8,768 3.21%

    For 2021, International City Mortgage 's most frequently cited loan purpose was Refi, with 654 originations. The 2nd most popular reason was Home Purchase, with 605 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,189 $468,775,000 $394,260 $7,758 3.18%
    15 Year 46 $12,340,000 $268,261 $4,613 2.63%
    20 Year 17 $4,255,000 $250,294 $4,612 3.05%
    10 Year 4 $190,000 $47,500 $813 4.13%
    30+ year 1 $525,000 $525,000 $2,094 6.88%
    3 Year 1 $5,000 $5,000 $0 0.00%
    Other 1 $125,000 $125,000 $0 2.50%

    For 2021, International City Mortgage 's most frequently cited loan duration was 30 Year, with 1,189 originations. The 2nd most popular length was 15 Year, with 46 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 465 $184,775,000 $397,366
    $5k+ 267 $126,305,000 $473,052
    $2k-3k 185 $70,535,000 $381,270
    $3k-4k 130 $43,240,000 $332,615
    $<1k 114 $27,560,000 $241,754
    $4k-5k 87 $31,285,000 $359,598

    International City Mortgage 's average total fees were $7,758, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 465 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 620 $241,550,000 $389,597
    2.5-3% 461 $189,835,000 $411,790
    <2.5% 97 $32,555,000 $335,619
    4-5% 55 $18,375,000 $334,091
    5-6% 6 $2,040,000 $340,000
    6-7% 4 $1,650,000 $412,500

    During 2021, International City Mortgage 's average interest rate for loans was 3.18%, while their most frequently originated rate bucket for loans was 3-4%, with 620 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 551 $167,365,000 $303,748 $6,974 3.21%
    $400k-600k 362 $175,800,000 $485,635 $8,926 3.17%
    $100k-200k 138 $22,060,000 $159,855 $4,714 3.23%
    $600k-1MM 136 $98,970,000 $727,721 $10,482 3.08%
    $100,000 or less 58 $2,030,000 $35,000 $1,249 2.24%
    $1MM+ 14 $19,990,000 $1,427,857 $20,486 3.13%

    2021 saw International City Mortgage place emphasis on $200k-400k loans with 551 originations, totaling $167,365,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 310 $129,500,000 $417,742 $7,963 3.16%
    $75k-100k 267 $98,775,000 $369,944 $8,102 3.16%
    $50k-75k 238 $67,190,000 $282,311 $6,812 3.16%
    $150k-250k 188 $96,590,000 $513,777 $8,408 3.16%
    $50k or less 175 $44,335,000 $253,343 $5,946 3.07%
    $250k+ 77 $48,695,000 $632,403 $8,274 3.28%

    International City Mortgage lent most frequently to those with incomes in the $100k-150k range, with 310 originations. The second most popular income band? $75k-100k, with 267 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 179 $66,745,000 $372,877 $6,252 3.10%
    20-30% 157 $61,765,000 $393,408 $6,401 3.10%
    50-60% 85 $36,255,000 $426,529 $14,356 3.12%
    44% 73 $27,555,000 $377,466 $8,641 3.35%
    49% 72 $34,170,000 $474,583 $9,593 3.17%
    <20% 61 $16,975,000 $278,279 $4,790 2.77%
    42% 57 $21,655,000 $379,912 $6,680 3.18%
    41% 56 $24,270,000 $433,393 $7,281 3.18%
    46% 56 $21,240,000 $379,286 $7,786 3.24%
    43% 52 $18,700,000 $359,615 $6,751 3.14%
    48% 50 $20,810,000 $416,200 $8,307 3.21%
    45% 49 $18,085,000 $369,082 $7,483 3.23%
    40% 48 $17,680,000 $368,333 $7,538 3.33%
    38% 47 $17,315,000 $368,404 $6,263 3.24%
    39% 42 $14,660,000 $349,048 $6,726 3.27%
    47% 40 $15,520,000 $388,000 $7,954 3.32%
    36% 39 $13,135,000 $336,795 $7,144 3.14%
    37% 35 $13,645,000 $389,857 $6,681 3.18%
    >60% 10 $5,790,000 $579,000 $11,020 2.74%

    International City Mortgage lent most frequently to those with DTI ratios of 30-36%, with 179 originations. The next most common DTI ratio? 20-30%, with 157 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 710 $270,180,000 $380,535 $7,421 3.16%
    Not provided 235 $91,515,000 $389,426 $7,572 3.11%
    Asian 145 $63,415,000 $437,345 $7,315 3.11%
    Black 127 $43,855,000 $345,315 $8,500 3.26%
    American Indian 15 $5,955,000 $397,000 $6,551 3.43%
    Native Hawaiian or Islander 9 $3,295,000 $366,111 $8,792 2.74%
    Filipino 5 $1,755,000 $351,000 $8,514 2.93%
    Korean 1 $1,505,000 $1,505,000 $13,594 2.63%
    Asian Indian 2 $1,190,000 $595,000 $13,447 3.99%
    Not applicable 3 $1,005,000 $335,000 $10,246 3.42%
    Other Asian 2 $870,000 $435,000 $9,580 3.50%
    Japanese 2 $810,000 $405,000 $10,810 2.75%
    Native Hawaiian 1 $485,000 $485,000 $0 3.99%
    Other Pacific Islander 2 $380,000 $190,000 $276 1.69%

    Approval Rates

    Total approvals of all applications
    97.22%

    International City Mortgage 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
    67.12%

    International City Mortgage has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,259 $486,215,000 $386,191

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,259 $486,215,000 $386,191

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 64 $17,320,000 $270,625 $5,179 3.02%
    40-60% 182 $61,120,000 $335,824 $5,621 3.02%
    60-80% 439 $173,585,000 $395,410 $7,081 3.23%
    80-100% 513 $223,475,000 $435,624 $9,168 3.25%
    Over 100% 15 $9,205,000 $613,667 $20,770 2.79%
    Under 20% 46 $1,510,000 $32,826 $770 1.79%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    INTERNATIONAL CITY MORTGAGE VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%