International City Mortgage Rates, Fees & Info

ORANGE, CA

LEI: 5493008ZTV4S0W9DCX64

Tax ID: 33-0231744

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    International City Mortgage is a smaller mortgage company specializing in Home Purchase loans. International City Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Urban Honolulu, Las Vegas, Los Angeles, Riverside, and Reno among others. We have data for 44 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 an average 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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    Originations

    1,030

    Origination Dollar Volume (All Markets)

    $320,460,000

    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
    URBAN HONOLULU, HI (FHA|USDA|VA) 238 $122,960,000 $516,639 $11,606 4.49%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 199 $46,485,000 $233,593 $6,645 5.21%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 78 $31,810,000 $407,821 $8,327 4.82%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 111 $24,375,000 $219,595 $6,399 4.67%
    RENO, NV (FHA|USDA|VA) 67 $20,005,000 $298,582 $5,160 4.92%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 58 $16,540,000 $285,172 $7,744 4.86%
    ALBUQUERQUE, NM (FHA|USDA|VA) 104 $15,710,000 $151,058 $4,635 5.35%
    STOCKTON, CA (FHA|USDA|VA) 20 $5,520,000 $276,000 $7,353 5.09%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 11 $4,035,000 $366,818 $6,890 4.91%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 20 $3,910,000 $195,500 $6,728 5.04%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 12 $3,320,000 $276,667 $8,620 4.85%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 16 $2,820,000 $176,250 $8,564 5.24%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 7 $2,325,000 $332,143 $6,465 4.52%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 5 $2,285,000 $457,000 $9,904 5.08%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 8 $1,800,000 $225,000 $7,150 4.31%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 6 $1,740,000 $290,000 $8,606 5.31%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $1,715,000 $343,000 $4,108 4.98%
    EL PASO, TX (FHA|USDA|VA) 14 $1,530,000 $109,286 $4,922 5.24%
    Fernley, NV (FHA|USDA|VA) 6 $1,490,000 $248,333 $7,164 4.60%
    Kapaa, HI (FHA|USDA|VA) 2 $1,060,000 $530,000 $6,259 4.50%
    Pahrump, NV (FHA|USDA|VA) 5 $1,045,000 $209,000 $4,770 4.98%
    CARSON CITY, NV (FHA|USDA|VA) 3 $755,000 $251,667 $4,618 5.04%
    Outside of Metro Areas 3 $655,000 $218,333 $4,846 5.21%
    Shelton, WA (FHA|USDA|VA) 2 $650,000 $325,000 $7,056 5.19%
    SALINAS, CA (FHA|USDA|VA) 1 $545,000 $545,000 $14,507 5.63%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $535,000 $178,333 $5,270 5.17%
    MERCED, CA (FHA|USDA|VA) 2 $460,000 $230,000 $2,623 4.88%
    Hilo, HI (FHA|USDA|VA) 2 $450,000 $225,000 $6,821 4.38%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $405,000 $405,000 $9,941 4.38%
    MODESTO, CA (FHA|USDA|VA) 2 $390,000 $195,000 $3,273 4.88%
    VALLEJO, CA (FHA|USDA|VA) 1 $355,000 $355,000 $8,387 4.25%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $345,000 $345,000 $10,490 5.00%
    Centralia, WA (FHA|USDA|VA) 4 $340,000 $85,000 $3,562 3.13%
    SANTA FE, NM (FHA|USDA|VA) 2 $330,000 $165,000 $8,397 4.88%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $320,000 $160,000 $4,766 6.00%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $295,000 $295,000 $12,161 4.75%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $9,168 4.75%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.38%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $155,000 $155,000 $8,979 4.75%
    Show Low, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $5,771 5.50%
    Fallon, NV (FHA|USDA|VA) 1 $125,000 $125,000 $4,277 4.50%
    Española, NM (FHA|USDA|VA) 1 $115,000 $115,000 $5,614 5.50%
    Taos, NM (FHA|USDA|VA) 1 $85,000 $85,000 $6,463 4.63%
    OCALA, FL (FHA|USDA|VA) 1 $65,000 $65,000 $3,653 6.25%
    International City Mortgage's top markets include Urban Honolulu, Las Vegas, Los Angeles, Riverside, and Reno among others.

    Their top states include:
  • Hawaii (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)

    • 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.

    ALOHA PACIFIC
    Similarity Rank: 37
    Hawaii Central FCU
    Similarity Rank: 51
    MYPOINT Credit Union
    Similarity Rank: 55
    University of Hawaii Federal Credit Union
    Similarity Rank: 123
    HAWAIIAN FINANCIAL
    Similarity Rank: 162
    FRONTWAVE
    Similarity Rank: 176
    HAWAII STATE FEDERAL CREDIT UNION
    Similarity Rank: 196
    NEIGHBORHOOD
    Similarity Rank: 200
    LBS FINANCIAL
    Similarity Rank: 210
    Central Pacific Bank
    Similarity Rank: 215

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 602 $171,070,000 $284,169 $5,635 4.92%
    FHA 243 $59,375,000 $244,342 $9,392 5.11%
    VA 177 $87,595,000 $494,887 $12,352 4.49%
    USDA 7 $2,265,000 $323,571 $7,574 4.77%
    FHA 1 $155,000 $155,000 $0 5.06%

    For 2018, International City Mortgage's most frequently originated type of loan was Conventional, with 602 originations. Their 2nd most popular type was FHA, with 243 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 830 $264,390,000 $318,542 $7,947 4.87%
    Refi 120 $33,810,000 $281,750 $6,489 4.96%
    Cash Out Refi 71 $19,435,000 $273,732 $6,300 5.03%
    Home Improvement 7 $2,405,000 $343,571 $11,858 4.64%
    Other 2 $420,000 $210,000 $4,161 4.25%

    For 2018, International City Mortgage's most frequently cited loan purpose was Home Purchase, with 830 originations. The 2nd most popular reason was Refi, with 120 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,008 $314,300,000 $311,806 $7,715 4.90%
    15 Year 14 $4,110,000 $293,571 $6,113 4.18%
    20 Year 6 $1,200,000 $200,000 $5,235 4.56%
    30+ year 1 $695,000 $695,000 $12,006 6.88%
    Other 1 $155,000 $155,000 $0 5.06%

    For 2018, International City Mortgage's most frequently cited loan duration was 30 Year, with 1,008 originations. The 2nd most popular length was 15 Year, with 14 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 407 $132,295,000 $325,049
    $<1k 163 $40,465,000 $248,252
    $5k+ 160 $67,830,000 $423,938
    $2k-3k 145 $35,395,000 $244,103
    $3k-4k 82 $23,460,000 $286,098
    $4k-5k 59 $17,545,000 $297,373

    International City Mortgage's average total fees were $7,715, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 407 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 515 $179,565,000 $348,670
    5-6% 388 $101,900,000 $262,629
    3-4% 62 $31,390,000 $506,290
    <2.5% 25 $225,000 $9,000
    6-7% 20 $7,010,000 $350,500
    7-8% 1 $145,000 $145,000

    During 2018, International City Mortgage's average interest rate for loans was 4.90%, while their most frequently originated rate bucket for loans was 4-5%, with 515 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 434 $122,610,000 $282,512 $7,497 4.99%
    $100k-200k 233 $36,765,000 $157,790 $5,245 5.18%
    $400k-600k 181 $87,805,000 $485,110 $10,110 4.70%
    $600k-1MM 89 $62,205,000 $698,933 $15,269 4.52%
    $100,000 or less 86 $2,520,000 $29,302 $1,500 4.20%
    $1MM+ 7 $8,555,000 $1,222,143 $15,208 4.95%

    2018 saw International City Mortgage place emphasis on $200k-400k loans with 434 originations, totaling $122,610,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 281 $61,825,000 $220,018 $6,523 4.97%
    $100k-150k 212 $87,780,000 $414,057 $9,698 4.72%
    $75k-100k 200 $61,690,000 $308,450 $7,523 4.87%
    $50k or less 182 $27,430,000 $150,714 $5,176 5.03%
    $150k-250k 108 $57,010,000 $527,870 $10,800 4.85%
    $250k+ 39 $22,625,000 $580,128 $9,331 4.85%

    International City Mortgage lent most frequently to those with incomes in the $50k-75k range, with 281 originations. The second most popular income band? $100k-150k, with 212 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 148 $49,810,000 $336,554 $10,248 4.90%
    30-36% 130 $35,380,000 $272,154 $6,395 4.79%
    20-30% 101 $28,725,000 $284,406 $6,599 4.91%
    44% 72 $19,970,000 $277,361 $7,248 5.02%
    49% 57 $17,375,000 $304,825 $6,972 5.04%
    41% 53 $18,615,000 $351,226 $7,836 4.91%
    42% 53 $18,525,000 $349,528 $8,785 4.94%
    47% 47 $14,275,000 $303,723 $7,052 4.76%
    45% 44 $14,570,000 $331,136 $8,085 4.85%
    48% 43 $15,035,000 $349,651 $8,454 4.93%
    43% 42 $13,480,000 $320,952 $8,624 4.88%
    40% 41 $13,495,000 $329,146 $8,313 4.98%
    46% 40 $12,350,000 $308,750 $6,914 4.86%
    38% 34 $10,880,000 $320,000 $7,273 4.89%
    <20% 31 $6,025,000 $194,355 $4,139 4.64%
    36% 29 $8,165,000 $281,552 $6,369 4.95%
    39% 23 $8,115,000 $352,826 $8,455 4.97%
    37% 22 $8,210,000 $373,182 $6,246 4.73%
    >60% 14 $6,060,000 $432,857 $10,430 4.73%

    International City Mortgage lent most frequently to those with DTI ratios of 50-60%, with 148 originations. The next most common DTI ratio? 30-36%, with 130 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 715 $199,985,000 $279,699 $7,134 4.94%
    Asian 101 $44,535,000 $440,941 $9,541 4.71%
    Not provided 119 $41,435,000 $348,193 $8,229 4.76%
    Black 65 $21,555,000 $331,615 $9,285 4.85%
    Native Hawaiian or Islander 23 $10,605,000 $461,087 $9,671 4.73%
    American Indian 6 $1,890,000 $315,000 $6,652 5.04%
    Other Asian 1 $455,000 $455,000 $2,571 4.38%

    Approval Rates

    Total approvals of all applications
    98.29%

    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
    60.87%

    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 1,030 $320,460,000 $311,126

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 23 $4,305,000 $187,174
    Single Family (1-4 Units):Site-Built 1,007 $316,155,000 $313,957

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 24 $5,600,000 $233,333 $6,763 4.70%
    40-60% 54 $17,760,000 $328,889 $6,559 4.81%
    60-80% 237 $77,545,000 $327,194 $6,805 4.97%
    80-100% 570 $177,080,000 $310,667 $7,811 5.03%
    Over 100% 80 $41,440,000 $518,000 $15,757 4.40%
    Under 20% 65 $1,035,000 $15,923 $423 3.68%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    International Mortgage & Finance Group, Inc. FHA mortgage Closing on a mortgage 1 100.0%