Citywide Banks Mortgage Rates, Fees & Info
Denver, COLEI: 549300K2M70MU2D2F940
Tax ID: 20-5716674
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Citywide Banks is a smaller bank specializing in Home Improvement, Refi, and Home Purchase loans. Citywide Banks has a high proportion of conventional loans. Their top markets by origination volume include: Denver, Phoenix, Portland, Minneapolis, and Champaign among others. We have data for 61 markets. (Some data included below & more in-depth data is available with an active subscription.)Citywide Banks 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. Citywide Banks 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 4.55% | 3/24/24 |
| 30 Year Conventional Purchase | 6.77% | 3/24/24 |
| 30 Year Conventional Refi | 6.41% | 3/24/24 |
| 30 Year Cash-out Refi | 7.16% | 3/24/24 |
| 15 Year Conventional Purchase | 5.34% | 3/24/24 |
| 15 Year Conventional Refi | 5.75% | 3/24/24 |
| 15 Year Cash-out Refi | 5.75% | 3/24/24 |
| 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. | ||
Citywide Banks Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Citywide Banks. 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
1,274Origination Dollar Volume (All Markets)
$476,630,000Relative Rate
Citywide Banks's average 30 year fixed mortgage rate was
4.71%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -0.05%.
Relative Fees (Closing Costs)
Citywide Banks's average total fees/closing costs for a 30 year fixed rate
mortgage were $9,415.
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 |
|---|---|---|---|---|---|
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 339 | $111,555,000 | $329,071 | $997 | 3.06% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 292 | $78,630,000 | $269,281 | $1,526 | 2.92% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $35,505,000 | $35,505,000 | $0 | 7.50% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 101 | $25,275,000 | $250,248 | $788 | 3.48% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $23,505,000 | $23,505,000 | $0 | 3.09% |
| ROCKFORD, IL (FHA|USDA|VA) | 128 | $22,340,000 | $174,531 | $613 | 4.35% |
| Steamboat Springs, CO (FHA|USDA|VA) | 2 | $20,010,000 | $10,005,000 | $0 | 3.91% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $19,360,000 | $9,680,000 | $5,390 | 3.06% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 80 | $18,410,000 | $230,125 | $609 | 3.28% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $18,195,000 | $18,195,000 | $0 | 6.75% |
| Outside of Metro Areas | 65 | $17,215,000 | $264,846 | $2,033 | 3.02% |
| BOULDER, CO (FHA|USDA|VA) | 62 | $17,050,000 | $275,000 | $1,032 | 2.98% |
| FRESNO, CA (FHA|USDA|VA) | 43 | $16,065,000 | $373,605 | $637 | 3.36% |
| Edwards, CO (FHA|USDA|VA) | 18 | $7,530,000 | $418,333 | $5,319 | 3.32% |
| GREELEY, CO (FHA|USDA|VA) | 34 | $7,080,000 | $208,235 | $344 | 3.20% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 4 | $4,310,000 | $1,077,500 | $0 | 2.71% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $3,765,000 | $3,765,000 | $0 | 2.05% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 10 | $3,450,000 | $345,000 | $2,973 | 3.14% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $2,290,000 | $1,145,000 | $12,550 | 3.44% |
| Breckenridge, CO (FHA|USDA|VA) | 7 | $2,035,000 | $290,714 | $1,749 | 2.29% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $2,005,000 | $2,005,000 | $0 | 3.25% |
| Sterling, CO (FHA|USDA|VA) | 3 | $1,815,000 | $605,000 | $0 | 5.98% |
| FORT COLLINS, CO (FHA|USDA|VA) | 8 | $1,530,000 | $191,250 | $239 | 3.03% |
| MADERA, CA (FHA|USDA|VA) | 10 | $1,500,000 | $150,000 | $363 | 3.31% |
| VISALIA, CA (FHA|USDA|VA) | 3 | $1,405,000 | $468,333 | $0 | 4.15% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 2 | $1,310,000 | $655,000 | $0 | 1.99% |
| Key West, FL (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 3.50% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $0 | 4.00% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $0 | 8.00% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $5,455 | 5.13% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $308 | 2.56% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $2,106 | 4.50% |
| Rochelle, IL (FHA|USDA|VA) | 5 | $655,000 | $131,000 | $1,308 | 3.49% |
| SALINAS, CA (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $308 | 2.29% |
| MADISON, WI (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $911 | 2.90% |
| Heber, UT (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 1.99% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $2,705 | 5.22% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 1.99% |
| DUBUQUE, IA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 3.75% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $379 | 5.07% |
| RENO, NV (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 7.04% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 2.99% |
| Sonora, CA (FHA|USDA|VA) | 4 | $340,000 | $85,000 | $385 | 2.57% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $333 | 3.86% |
| Platteville, WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 1.99% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 2.99% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 1.99% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 1.99% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,303 | 3.27% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $333 | 2.90% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 1.99% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.99% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 1.99% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.99% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 2.99% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 2.99% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $303 | 2.90% |
| Montrose, CO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 1.99% |
| Ottawa, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 4.75% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.00% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 2.99% |
Similar Lenders
We use machine learning to identify the top lenders compared against Citywide Banks based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 588
Similarity Rank: 768
Similarity Rank: 1078
Similarity Rank: 1116
Similarity Rank: 1464
Similarity Rank: 1638
Similarity Rank: 1854
Similarity Rank: 1932
Similarity Rank: 2370
Similarity Rank: 2560
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 867 | $214,225,000 | $247,088 | n/a | 2.78% |
| Conventional | 407 | $262,405,000 | $644,730 | $1,200 | 4.24% |
For 2022, Citywide Banks's most frequently originated type of loan was HELOC, with 867 originations. Their 2nd most popular type was Conventional, with 407 originations.
Loan Reason
For 2022, Citywide Banks's most frequently cited loan purpose was Home Improvement, with 602 originations. The 2nd most popular reason was Other, with 320 originations.
Loan Duration/Length
For 2022, Citywide Banks's most frequently cited loan duration was Other, with 883 originations. The 2nd most popular length was 15 Year, with 268 originations.
Origination Fees/Closing Costs
Citywide Banks's average total fees were $9,415, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 281 originations.
Interest Rates
During 2022, Citywide Banks's average interest rate for loans was 4.71%, while their most frequently originated rate bucket for loans was <2.5%, with 533 originations.
Loan Sizing
2022 saw Citywide Banks place emphasis on $100,000 or less loans with 405 originations, totaling $23,425,000 in origination value.
Applicant Income
Citywide Banks lent most frequently to those with incomes in the $150k-250k range, with 334 originations. The second most popular income band? $250k+, with 278 originations.
Applicant Debt to Income Ratio
Citywide Banks lent most frequently to those with DTI ratios of 20-30%, with 225 originations. The next most common DTI ratio? 30-36%, with 199 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications70.57%
Citywide Banks has a below average approval rate.
Pick Rate
Approvals leading to origination87.28%
Citywide Banks has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,274 | $476,630,000 | $374,121 |