C & F Mortgage Corporation Rates, Fees & Info
WEST POINT, VALEI: 549300BWFA5UY7H4WJ62
Tax ID: 54-1773964
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Mortgage Data
Review & Overview
C & F Mortgage Corporation is a smaller mortgage company specializing in Home Purchase loans. C & F Mortgage Corporation 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: Richmond, Virginia Beach, Washington, Staunton, and Charlotte among others. We have data for 45 markets. (Some data included below & more in-depth data is available with an active subscription.)C & F Mortgage Corporation 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. C & F Mortgage Corporation 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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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.01% | 7/13/25 |
| 30 Year Conventional Refi | 6.84% | 7/13/25 |
| 30 Year Cash-out Refi | 7.04% | 7/13/25 |
| 30 Year FHA Purchase | 7.47% | 7/13/25 |
| 30 Year FHA Refi | 7.09% | 7/13/25 |
| 30 Year VA Purchase | 6.67% | 7/13/25 |
| 30 Year VA Refi | 6.29% | 7/13/25 |
| 30 Year USDA Purchase | 7.12% | 7/13/25 |
| 30 Year USDA Refi | 6.87% | 7/13/25 |
| 15 Year Conventional Purchase | 6.28% | 7/13/25 |
| 15 Year Conventional Refi | 6.57% | 7/13/25 |
| 15 Year Cash-out Refi | 6.57% | 7/13/25 |
| 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. | ||
C & F Mortgage Corporation Mortgage Calculator
Your Estimates
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This is not an official calculator from C & F Mortgage Corporation. 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
1,539Origination Dollar Volume (All Markets)
$488,085,000Awards
C & F Mortgage Corporation - 2024
C & F Mortgage Corporation is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
C & F Mortgage Corporation's average 30 year fixed mortgage rate was
6.69%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.14%.
Relative Fees (Closing Costs)
C & F Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,578.
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 $8,356.
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 |
|---|---|---|---|---|---|
| RICHMOND, VA (FHA|USDA|VA) | 759 | $245,285,000 | $323,169 | $7,524 | 6.66% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 191 | $69,085,000 | $361,702 | $9,009 | 6.65% |
| Outside of Metro Areas | 173 | $49,495,000 | $286,098 | $7,313 | 6.66% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 63 | $28,385,000 | $450,556 | $8,451 | 6.65% |
| STAUNTON, VA (FHA|USDA|VA) | 98 | $23,460,000 | $239,388 | $6,138 | 6.96% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 36 | $10,130,000 | $281,389 | $5,534 | 6.80% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 25 | $8,325,000 | $333,000 | $5,515 | 6.84% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 39 | $7,025,000 | $180,128 | $6,940 | 6.58% |
| HARRISONBURG, VA (FHA|USDA|VA) | 25 | $5,965,000 | $238,600 | $7,373 | 6.73% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 17 | $5,315,000 | $312,647 | $9,996 | 6.63% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 11 | $5,175,000 | $470,455 | $6,768 | 6.72% |
| Elizabeth City, NC (FHA|USDA|VA) | 12 | $4,080,000 | $340,000 | $9,045 | 7.00% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 13 | $3,525,000 | $271,154 | $8,610 | 6.82% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $3,405,000 | $681,000 | $7,984 | 7.03% |
| LYNCHBURG, VA (FHA|USDA|VA) | 14 | $2,560,000 | $182,857 | $4,705 | 6.97% |
| ROANOKE, VA (FHA|USDA|VA) | 7 | $1,885,000 | $269,286 | $5,645 | 6.45% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 6 | $1,460,000 | $243,333 | $6,252 | 6.90% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 5 | $1,335,000 | $267,000 | $7,713 | 6.75% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 5 | $1,315,000 | $263,000 | $5,531 | 6.63% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $11,273 | 6.79% |
| Shelby, NC (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $4,228 | 6.92% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $945,000 | $945,000 | $5,661 | 7.38% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $5,783 | 6.50% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $9,110 | 6.44% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $5,824 | 7.13% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $5,340 | 7.13% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $7,124 | 6.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $2,777 | 7.00% |
| Gaffney, SC (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $5,941 | 6.63% |
| MORGANTOWN, WV (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $5,562 | 6.06% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $9,270 | 7.25% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $4,767 | 7.00% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,314 | 7.25% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $7,802 | 7.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $9,731 | 6.63% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,314 | 6.00% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,428 | 6.13% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,410 | 7.38% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,981 | 5.75% |
| Oxford, MS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,354 | 6.13% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.50% |
| Bluefield, WV-VA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,809 | 7.00% |
| Big Stone Gap, VA (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $3,936 | 7.00% |
| Danville, VA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,858 | 7.25% |
| Martinsville, VA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,291 | 5.88% |
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Product Mix
For 2024, C & F Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,050 originations. Their 2nd most popular type was FHA, with 330 originations.
Loan Reason
For 2024, C & F Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 1,392 originations. The 2nd most popular reason was Cash Out Refi, with 75 originations.
Loan Duration/Length
For 2024, C & F Mortgage Corporation's most frequently cited loan duration was 30 Year, with 1,408 originations. The 2nd most popular length was Other, with 112 originations.
Origination Fees/Closing Costs
C & F Mortgage Corporation's average total fees were $7,578, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 508 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,021 | $325,435,000 | $318,741 |
| 7-8% | 367 | $116,895,000 | $318,515 |
| 5-6% | 136 | $41,250,000 | $303,309 |
| 3-4% | 9 | $2,595,000 | $288,333 |
| 4-5% | 6 | $1,910,000 | $318,333 |
During 2024, C & F Mortgage Corporation's average interest rate for loans was 6.69%, while their most frequently originated rate bucket for loans was 6-7%, with 1,021 originations.
Loan Sizing
2024 saw C & F Mortgage Corporation place emphasis on $200k-400k loans with 822 originations, totaling $237,610,000 in origination value.
Applicant Income
C & F Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 344 originations. The second most popular income band? $100k-150k, with 335 originations.
Applicant Debt to Income Ratio
C & F Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 289 originations. The next most common DTI ratio? 20-30%, with 233 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.22%
C & F Mortgage Corporation has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination82.52%
C & F Mortgage Corporation has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,539 | $488,085,000 | $317,144 |