Cis Financial Services Mortgage Rates, Fees & Info

HAMILTON, AL

LEI: 549300OSY236S7MBKO83

Tax ID: 63-1052225

4.9 stars - Updated: 6/16/24 - out of 5 stars, based on 30 reviews

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

Jump to:

Mortgage Data

Review & Overview

Cis Financial Services is a smaller mortgage company specializing in Home Purchase loans. Cis Financial Services 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: Birmingham, Starkville, Riverside, Tuscaloosa, and Tupelo among others. We have data for 139 markets. (Some data included below & more in-depth data is available with an active subscription.)

Cis Financial Services has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Cis Financial Services 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 relatively high 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 7.23% 6/16/24
30 Year Conventional Refi 6.92% 6/16/24
30 Year Cash-out Refi 6.77% 6/16/24
30 Year FHA Purchase 7.87% 6/16/24
30 Year FHA Refi 7.80% 6/16/24
30 Year VA Purchase 5.60% 6/16/24
30 Year VA Refi 6.86% 6/16/24
30 Year USDA Purchase 7.18% 6/16/24
15 Year Conventional Purchase 7.18% 6/16/24
15 Year Conventional Refi 6.58% 6/16/24
15 Year Cash-out Refi 6.58% 6/16/24
15 Year VA Purchase 5.68% 6/16/24
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.

Cis Financial Services Mortgage Calculator






Your Estimates

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

This is not an official calculator from Cis Financial Services. 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

909

Origination Dollar Volume (All Markets)

$119,765,000

Awards

CIS Financial Services FHA Loans silver
Show all (1) awards

Relative Rate

Cis Financial Services's average 30 year fixed mortgage rate was 6.64%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.16%.

Relative Fees (Closing Costs)

Cis Financial Services's average total fees/closing costs for a 30 year fixed rate mortgage were $8,680.

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 $9,089.

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
Outside of Metro Areas 238 $30,370,000 $127,605 $3,400 7.73%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 47 $6,085,000 $129,468 $3,492 7.78%
Starkville, MS (FHA|USDA|VA) 20 $4,860,000 $243,000 $8,445 7.03%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 34 $4,220,000 $124,118 $4,503 8.72%
TUSCALOOSA, AL (FHA|USDA|VA) 33 $3,815,000 $115,606 $2,757 7.76%
Tupelo, MS (FHA|USDA|VA) 35 $3,755,000 $107,286 $2,096 7.79%
DECATUR, AL (FHA|USDA|VA) 25 $3,715,000 $148,600 $4,151 7.55%
Columbus, MS (FHA|USDA|VA) 19 $3,245,000 $170,789 $6,136 7.14%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 11 $2,275,000 $206,818 $5,028 7.99%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 14 $2,210,000 $157,857 $5,134 7.20%
JACKSON, MS (FHA|USDA|VA) 18 $1,750,000 $97,222 $2,930 7.72%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 11 $1,735,000 $157,727 $3,774 7.71%
Jasper, AL (FHA|USDA|VA) 14 $1,660,000 $118,571 $2,861 7.66%
MONTGOMERY, AL (FHA|USDA|VA) 16 $1,660,000 $103,750 $2,043 8.18%
HATTIESBURG, MS (FHA|USDA|VA) 13 $1,545,000 $118,846 $3,740 7.59%
Cullman, AL (FHA|USDA|VA) 12 $1,510,000 $125,833 $2,417 7.70%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 6 $1,310,000 $218,333 $4,941 7.58%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 11 $1,295,000 $117,727 $2,543 7.86%
Meridian, MS (FHA|USDA|VA) 11 $1,245,000 $113,182 $3,929 7.97%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 10 $1,210,000 $121,000 $3,168 7.94%
ALEXANDRIA, LA (FHA|USDA|VA) 10 $1,200,000 $120,000 $2,518 7.62%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,190,000 $297,500 $10,692 6.16%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $1,155,000 $128,333 $2,909 8.20%
Laurel, MS (FHA|USDA|VA) 11 $1,085,000 $98,636 $2,416 7.79%
MOBILE, AL (FHA|USDA|VA) 8 $970,000 $121,250 $2,187 8.20%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 6 $970,000 $161,667 $4,436 8.27%
Camden, AR (FHA|USDA|VA) 6 $930,000 $155,000 $2,576 7.91%
Albertville, AL (FHA|USDA|VA) 8 $890,000 $111,250 $1,740 7.97%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 4 $820,000 $205,000 $4,797 6.71%
LAFAYETTE, LA (FHA|USDA|VA) 6 $750,000 $125,000 $2,243 7.66%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $750,000 $125,000 $4,686 8.46%
TYLER, TX (FHA|USDA|VA) 5 $735,000 $147,000 $2,003 8.18%
HOT SPRINGS, AR (FHA|USDA|VA) 4 $690,000 $172,500 $4,685 8.04%
Searcy, AR (FHA|USDA|VA) 5 $685,000 $137,000 $1,647 8.44%
Talladega-Sylacauga, AL (FHA|USDA|VA) 6 $660,000 $110,000 $2,231 8.20%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $650,000 $162,500 $4,776 8.18%
Scottsboro, AL (FHA|USDA|VA) 4 $640,000 $160,000 $1,539 8.03%
Corinth, MS (FHA|USDA|VA) 5 $615,000 $123,000 $4,167 7.25%
El Dorado, AR (FHA|USDA|VA) 6 $580,000 $96,667 $2,967 8.19%
Picayune, MS (FHA|USDA|VA) 4 $580,000 $145,000 $2,450 7.91%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $530,000 $265,000 $7,808 7.33%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 6 $500,000 $83,333 $3,771 7.84%
Brookhaven, MS (FHA|USDA|VA) 4 $490,000 $122,500 $2,432 7.24%
HUNTSVILLE, AL (FHA|USDA|VA) 4 $490,000 $122,500 $4,671 7.62%
West Point, MS (FHA|USDA|VA) 4 $480,000 $120,000 $2,901 8.16%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $480,000 $240,000 $3,909 7.00%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $475,000 $158,333 $7,160 6.88%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $465,000 $155,000 $4,448 7.50%
Jacksonville, TX (FHA|USDA|VA) 3 $445,000 $148,333 $1,654 8.25%
HAMMOND, LA (FHA|USDA|VA) 5 $435,000 $87,000 $1,649 8.39%
BRUNSWICK, GA (FHA|USDA|VA) 4 $430,000 $107,500 $2,895 7.96%
NAPA, CA (FHA|USDA|VA) 2 $430,000 $215,000 $6,370 8.75%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $425,000 $425,000 $16,559 7.13%
YAKIMA, WA (FHA|USDA|VA) 3 $425,000 $141,667 $4,635 8.00%
DOTHAN, AL (FHA|USDA|VA) 2 $410,000 $205,000 $1,637 7.74%
MONROE, LA (FHA|USDA|VA) 4 $410,000 $102,500 $1,645 7.94%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $405,000 $405,000 $8,511 5.50%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $400,000 $100,000 $2,362 8.57%
Lawrenceburg, TN (FHA|USDA|VA) 2 $400,000 $200,000 $5,851 7.19%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 4 $390,000 $97,500 $4,199 8.06%
Natchitoches, LA (FHA|USDA|VA) 2 $380,000 $190,000 $4,958 7.63%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $380,000 $190,000 $6,069 7.50%
GADSDEN, AL (FHA|USDA|VA) 3 $365,000 $121,667 $2,858 7.41%
Waycross, GA (FHA|USDA|VA) 3 $355,000 $118,333 $1,850 8.16%
LONGVIEW, TX (FHA|USDA|VA) 2 $350,000 $175,000 $1,675 7.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $350,000 $87,500 $2,544 8.00%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $330,000 $165,000 $6,901 6.50%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $330,000 $165,000 $4,973 6.63%
BAKERSFIELD, CA (FHA|USDA|VA) 3 $285,000 $95,000 $4,787 7.91%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $285,000 $95,000 $2,902 8.33%
VALLEJO, CA (FHA|USDA|VA) 2 $280,000 $140,000 $5,407 7.13%
FRESNO, CA (FHA|USDA|VA) 2 $280,000 $140,000 $3,439 9.00%
Ruston, LA (FHA|USDA|VA) 3 $275,000 $91,667 $2,599 7.91%
SAVANNAH, GA (FHA|USDA|VA) 2 $270,000 $135,000 $3,043 7.25%
Opelousas, LA (FHA|USDA|VA) 3 $265,000 $88,333 $2,553 7.58%
McComb, MS (FHA|USDA|VA) 3 $265,000 $88,333 $2,813 7.98%
Minden, LA (FHA|USDA|VA) 3 $265,000 $88,333 $1,635 7.67%
TEXARKANA, TX-AR (FHA|USDA|VA) 2 $260,000 $130,000 $1,677 7.75%
BATON ROUGE, LA (FHA|USDA|VA) 3 $255,000 $85,000 $1,651 7.91%
Alexander City, AL (FHA|USDA|VA) 3 $255,000 $85,000 $1,645 7.75%
Cookeville, TN (FHA|USDA|VA) 2 $250,000 $125,000 $2,164 8.00%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $250,000 $125,000 $1,652 8.24%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $250,000 $125,000 $1,654 7.37%
LOUISVILLE, KY (FHA|USDA|VA) 1 $245,000 $245,000 $13,824 7.38%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $235,000 $235,000 $4,845 7.75%
JONESBORO, AR (FHA|USDA|VA) 1 $235,000 $235,000 $10,359 5.63%
Selma, AL (FHA|USDA|VA) 2 $230,000 $115,000 $1,645 8.25%
Oxford, MS (FHA|USDA|VA) 2 $230,000 $115,000 $1,653 8.25%
Paducah, KY-IL (FHA|USDA|VA) 2 $230,000 $115,000 $2,666 7.00%
Kerrville, TX (FHA|USDA|VA) 2 $230,000 $115,000 $3,178 7.50%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $220,000 $110,000 $1,727 8.50%
SALINAS, CA (FHA|USDA|VA) 1 $205,000 $205,000 $5,211 8.50%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $205,000 $205,000 $10,951 7.13%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $195,000 $195,000 $9,046 7.25%
Russellville, AR (FHA|USDA|VA) 3 $195,000 $65,000 $1,643 7.99%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $190,000 $95,000 $3,347 7.12%
Vicksburg, MS (FHA|USDA|VA) 1 $185,000 $185,000 $1,654 8.00%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $175,000 $175,000 $6,925 7.50%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $175,000 $175,000 $10,132 6.63%
Fort Polk South, LA (FHA|USDA|VA) 2 $170,000 $85,000 $1,640 8.62%
Mountain Home, AR (FHA|USDA|VA) 2 $170,000 $85,000 $1,648 8.24%
Mayfield, KY (FHA|USDA|VA) 1 $165,000 $165,000 $1,703 7.75%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $165,000 $165,000 $4,547 7.75%
ROME, GA (FHA|USDA|VA) 1 $165,000 $165,000 $1,702 8.50%
Paris, TN (FHA|USDA|VA) 1 $165,000 $165,000 $1,647 8.24%
Arkadelphia, AR (FHA|USDA|VA) 1 $165,000 $165,000 $7,858 9.00%
DeRidder, LA (FHA|USDA|VA) 1 $155,000 $155,000 $1,642 7.99%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,820 8.90%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $150,000 $75,000 $3,445 8.12%
Douglas, GA (FHA|USDA|VA) 1 $145,000 $145,000 $1,659 8.90%
Dublin, GA (FHA|USDA|VA) 2 $140,000 $70,000 $2,519 7.62%
Cleveland, MS (FHA|USDA|VA) 1 $135,000 $135,000 $1,627 7.75%
Palatka, FL (FHA|USDA|VA) 1 $135,000 $135,000 $7,503 7.50%
Jesup, GA (FHA|USDA|VA) 2 $130,000 $65,000 $1,635 8.00%
STOCKTON, CA (FHA|USDA|VA) 1 $125,000 $125,000 $3,913 7.75%
Paragould, AR (FHA|USDA|VA) 1 $125,000 $125,000 $1,659 8.90%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $125,000 $125,000 $5,486 12.15%
Athens, TX (FHA|USDA|VA) 1 $125,000 $125,000 $1,642 7.99%
Vidalia, GA (FHA|USDA|VA) 1 $125,000 $125,000 $3,685 8.00%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $125,000 $125,000 $1,868 8.49%
Rockingham, NC (FHA|USDA|VA) 1 $115,000 $115,000 $1,652 7.75%
FARMINGTON, NM (FHA|USDA|VA) 1 $115,000 $115,000 $4,527 7.24%
MODESTO, CA (FHA|USDA|VA) 1 $115,000 $115,000 $3,983 8.75%
Atmore, AL (FHA|USDA|VA) 1 $105,000 $105,000 $2,242 7.50%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $105,000 $105,000 $1,644 8.24%
Malvern, AR (FHA|USDA|VA) 1 $105,000 $105,000 $1,659 7.75%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $95,000 $95,000 $3,205 8.75%
Fort Payne, AL (FHA|USDA|VA) 1 $95,000 $95,000 $1,647 9.24%
Forrest City, AR (FHA|USDA|VA) 1 $85,000 $85,000 $4,824 7.49%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $85,000 $85,000 $3,634 9.40%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $85,000 $85,000 $2,542 8.25%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $75,000 $75,000 $2,404 9.30%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $65,000 $65,000 $1,627 9.00%
Greenville, MS (FHA|USDA|VA) 1 $65,000 $65,000 $4,322 7.24%
Magnolia, AR (FHA|USDA|VA) 1 $65,000 $65,000 $4,313 7.75%
Muskogee, OK (FHA|USDA|VA) 1 $55,000 $55,000 $1,627 9.75%
JACKSON, TN (FHA|USDA|VA) 1 $55,000 $55,000 $1,662 6.75%
JOPLIN, MO (FHA|USDA|VA) 1 $45,000 $45,000 $2,385 8.24%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $35,000 $35,000 $1,652 8.50%
Cis Financial Services's top markets include Birmingham, Starkville, Riverside, Tuscaloosa, and Tupelo among others.

Their top states include:
  • Alabama (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Similar Lenders

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

    TVA Community Credit Union
    Similarity Rank: 24
    First Farmers and Merchants Bank
    Similarity Rank: 130
    PARK SQUARE HOME MORTGAGE, LLC
    Similarity Rank: 155
    ALABAMA CREDIT UNION
    Similarity Rank: 294
    Peoples Bank
    Similarity Rank: 300
    Consumer First Mortgage, Inc.
    Similarity Rank: 336
    Liberty Mortgage Corporation
    Similarity Rank: 348
    Mutual Savings Credit Union
    Similarity Rank: 360
    DSLD MORTGAGE, LLC
    Similarity Rank: 450

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 815 $100,195,000 $122,939 $2,858 7.96%
    FHA 73 $14,245,000 $195,137 $9,458 6.50%
    VA 12 $3,790,000 $315,833 $10,592 6.41%
    USDA 9 $1,535,000 $170,556 $7,134 6.01%

    For 2023, Cis Financial Services's most frequently originated type of loan was Conventional, with 815 originations. Their 2nd most popular type was FHA, with 73 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 897 $117,625,000 $131,132 $3,486 7.81%
    Refi 6 $1,070,000 $178,333 $7,004 7.52%
    Cash Out Refi 6 $1,070,000 $178,333 $7,124 6.88%

    For 2023, Cis Financial Services's most frequently cited loan purpose was Home Purchase, with 897 originations. The 2nd most popular reason was Refi, with 6 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 751 $91,455,000 $121,778 $2,745 7.99%
    30 Year 125 $25,725,000 $205,800 $8,680 6.64%
    20 Year 22 $1,550,000 $70,455 $2,126 7.95%
    15 Year 11 $1,035,000 $94,091 $2,090 7.75%

    For 2023, Cis Financial Services's most frequently cited loan duration was Other, with 751 originations. The 2nd most popular length was 30 Year, with 125 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 553 $64,765,000 $117,116
    $3k-4k 91 $13,655,000 $150,055
    $2k-3k 77 $10,155,000 $131,883
    $5k+ 77 $15,405,000 $200,065
    $4k-5k 68 $11,690,000 $171,912
    $1k-2k 43 $4,095,000 $95,233

    Cis Financial Services's average total fees were $8,680, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 553 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    7-8% 431 $55,015,000 $127,645
    Over 8% 333 $39,295,000 $118,003
    6-7% 118 $18,670,000 $158,220
    5-6% 26 $6,480,000 $249,231
    2.5-3% 1 $305,000 $305,000

    During 2023, Cis Financial Services's average interest rate for loans was 6.64%, while their most frequently originated rate bucket for loans was 7-8%, with 431 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 440 $62,890,000 $142,932 $3,458 7.83%
    $100,000 or less 359 $27,795,000 $77,423 $2,458 7.96%
    $200k-400k 102 $25,350,000 $248,529 $6,823 7.23%
    $400k-600k 8 $3,730,000 $466,250 $14,856 6.45%

    2023 saw Cis Financial Services place emphasis on $100k-200k loans with 440 originations, totaling $62,890,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 314 $38,930,000 $123,981 $3,369 7.88%
    $50k or less 239 $22,235,000 $93,033 $2,785 7.83%
    $100k-150k 153 $25,675,000 $167,810 $4,168 7.77%
    $75k-100k 143 $21,325,000 $149,126 $3,873 7.72%
    $150k-250k 52 $9,790,000 $188,269 $4,791 7.54%
    $250k+ 3 $795,000 $265,000 $4,591 7.83%

    Cis Financial Services lent most frequently to those with incomes in the $50k-75k range, with 314 originations. The second most popular income band? $50k or less, with 239 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 222 $25,970,000 $116,982 $3,122 7.89%
    30-36% 201 $27,565,000 $137,139 $3,632 7.82%
    <20% 77 $7,935,000 $103,052 $2,780 7.69%
    36% 42 $5,470,000 $130,238 $3,259 7.51%
    42% 37 $5,345,000 $144,459 $2,774 8.04%
    41% 37 $6,185,000 $167,162 $4,056 7.67%
    38% 34 $4,340,000 $127,647 $3,283 8.06%
    37% 34 $4,120,000 $121,176 $3,806 8.22%
    44% 31 $4,425,000 $142,742 $3,954 7.91%
    40% 31 $4,095,000 $132,097 $4,181 7.89%
    39% 30 $4,260,000 $142,000 $3,747 7.75%
    49% 27 $3,595,000 $133,148 $4,062 7.54%
    43% 25 $3,485,000 $139,400 $3,633 7.82%
    45% 19 $2,615,000 $137,632 $3,656 7.55%
    46% 19 $2,365,000 $124,474 $2,371 7.77%
    48% 16 $2,280,000 $142,500 $5,609 7.23%
    47% 15 $2,295,000 $153,000 $4,135 7.60%
    50-60% 11 $3,335,000 $303,182 $9,912 6.64%
    >60% 1 $85,000 $85,000 $4,203 8.49%

    Cis Financial Services lent most frequently to those with DTI ratios of 20-30%, with 222 originations. The next most common DTI ratio? 30-36%, with 201 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 692 $91,790,000 $132,645 $3,444 7.75%
    Black 118 $14,680,000 $124,407 $3,613 8.01%
    Not provided 85 $10,995,000 $129,353 $3,877 7.85%
    Asian 6 $1,140,000 $190,000 $6,187 7.50%
    American Indian 5 $845,000 $169,000 $4,524 7.93%
    Native Hawaiian or Islander 1 $145,000 $145,000 $5,177 12.15%
    Asian Indian 1 $135,000 $135,000 $5,827 8.13%
    1 $35,000 $35,000 $1,652 8.50%

    Approval Rates

    Total approvals of all applications
    59.52%

    Cis Financial Services has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    -79.65%

    Cis Financial Services 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 909 $119,765,000 $131,755

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    909 $119,765,000 $131,755

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $620,000 $62,000 $2,413 6.97%
    40-60% 36 $3,280,000 $91,111 $3,199 7.46%
    60-80% 95 $11,935,000 $125,632 $3,644 7.36%
    80-100% 763 $102,645,000 $134,528 $3,493 7.89%
    Over 100% 4 $1,250,000 $312,500 $14,596 6.47%
    Under 20% 1 $35,000 $35,000 $3,215 8.75%