Cis Financial Services Mortgage Rates, Fees & Info
HAMILTON, ALLEI: 549300OSY236S7MBKO83
Tax ID: 63-1052225
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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: Florence, Birmingham, Riverside, Decatur, and Los Angeles among others. We have data for 110 markets. (Some data included below & more in-depth data is available with an active subscription.)Cis Financial Services 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. Cis Financial Services 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 | 7.33% | 4/5/25 |
| 30 Year Conventional Refi | 6.91% | 4/5/25 |
| 30 Year Cash-out Refi | 6.72% | 4/5/25 |
| 30 Year FHA Purchase | 7.44% | 4/5/25 |
| 30 Year FHA Refi | 6.81% | 4/5/25 |
| 30 Year VA Purchase | 6.96% | 4/5/25 |
| 30 Year USDA Purchase | 6.92% | 4/5/25 |
| 15 Year Conventional Purchase | 7.80% | 4/5/25 |
| 15 Year FHA Refi | 6.00% | 4/5/25 |
| 15 Year VA Purchase | 6.00% | 4/5/25 |
| 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. | ||
Cis Financial Services Mortgage Calculator
Your Estimates
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This is not an official calculator from Cis Financial Services. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
374Origination Dollar Volume (All Markets)
$45,760,000Awards
CIS Financial Services - 2024
CIS Financial Services is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Cis Financial Services's average 30 year fixed mortgage rate was
6.58%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.03%.
Relative Fees (Closing Costs)
Cis Financial Services's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,413.
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 98 | $11,610,000 | $118,469 | $3,391 | 8.68% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 16 | $2,400,000 | $150,000 | $5,248 | 7.18% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 14 | $2,030,000 | $145,000 | $3,736 | 8.04% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 15 | $2,005,000 | $133,667 | $4,395 | 9.21% |
| DECATUR, AL (FHA|USDA|VA) | 13 | $1,955,000 | $150,385 | $5,511 | 7.51% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 7 | $1,275,000 | $182,143 | $5,072 | 9.56% |
| Starkville, MS (FHA|USDA|VA) | 7 | $1,245,000 | $177,857 | $5,892 | 7.27% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 7 | $1,055,000 | $150,714 | $3,830 | 8.20% |
| MONTGOMERY, AL (FHA|USDA|VA) | 6 | $910,000 | $151,667 | $3,012 | 9.15% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 6 | $910,000 | $151,667 | $3,285 | 9.02% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 6 | $770,000 | $128,333 | $4,157 | 8.07% |
| JACKSON, MS (FHA|USDA|VA) | 8 | $750,000 | $93,750 | $3,830 | 8.51% |
| MOBILE, AL (FHA|USDA|VA) | 4 | $660,000 | $165,000 | $4,288 | 8.38% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $600,000 | $150,000 | $4,309 | 9.03% |
| Tupelo, MS (FHA|USDA|VA) | 5 | $545,000 | $109,000 | $1,683 | 10.11% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $3,782 | 9.25% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 7 | $485,000 | $69,286 | $2,411 | 9.37% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $4,214 | 8.76% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $3,609 | 7.94% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $5,333 | 7.43% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,072 | 8.51% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $16,013 | 5.63% |
| Albertville, AL (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $4,222 | 8.02% |
| DOTHAN, AL (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $3,282 | 8.63% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $1,790 | 9.33% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $4,428 | 7.88% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $4,848 | 9.15% |
| Alexander City, AL (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $1,683 | 9.43% |
| Troy, AL (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $1,609 | 8.83% |
| MADERA, CA (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $4,016 | 9.07% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 4 | $350,000 | $87,500 | $4,082 | 9.23% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,537 | 9.10% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $5,211 | 9.20% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $4,395 | 9.25% |
| Mayfield, KY (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,980 | 9.15% |
| YAKIMA, WA (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,102 | 9.98% |
| Dayton, TN (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $1,730 | 9.30% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $6,459 | 9.40% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $3,829 | 9.77% |
| Paris, TX (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $1,639 | 9.20% |
| Searcy, AR (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $1,791 | 9.33% |
| Columbus, MS (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $5,144 | 8.01% |
| HATTIESBURG, MS (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $4,302 | 9.28% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $4,633 | 9.20% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $3,227 | 9.10% |
| Cullman, AL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $1,660 | 8.95% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $3,443 | 9.15% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $1,637 | 8.85% |
| Batesville, AR (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,689 | 9.40% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,091 | 9.00% |
| ABILENE, TX (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $3,912 | 9.25% |
| TYLER, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,264 | 8.00% |
| ROME, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,585 | 8.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $2,948 | 7.88% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $3,756 | 9.40% |
| El Dorado, AR (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $4,981 | 8.23% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,694 | 9.40% |
| DALTON, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,953 | 9.40% |
| Paragould, AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,697 | 8.10% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,651 | 9.40% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,802 | 9.00% |
| Cleveland, MS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,649 | 8.90% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,177 | 10.55% |
| MONROE, LA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $3,004 | 8.70% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,649 | 9.20% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,305 | 9.40% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,609 | 9.10% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,249 | 8.10% |
| Russellville, AR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,791 | 8.20% |
| Jasper, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,689 | 6.13% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,696 | 9.40% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,701 | 9.40% |
| Meridian, MS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,286 | 8.00% |
| Natchez, MS-LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,752 | 9.40% |
| Summerville, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,268 | 8.20% |
| Harrison, AR (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,781 | 10.80% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,319 | 9.10% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $2,473 | 8.78% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,687 | 9.20% |
| Malvern, AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,671 | 9.20% |
| Minden, LA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,661 | 9.50% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,019 | 8.00% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,660 | 9.20% |
| Camden, AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,691 | 9.40% |
| Holland, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,669 | 9.40% |
| Greenwood, MS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,812 | 9.40% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,723 | 9.55% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,831 | 9.40% |
| Rockingham, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,669 | 9.20% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,642 | 8.49% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,782 | 8.70% |
| Dublin, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,649 | 9.40% |
| Blytheville, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,811 | 9.40% |
| Vicksburg, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,632 | 9.40% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,317 | 9.40% |
| Clarksdale, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,641 | 9.40% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $8,357 | 8.35% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,347 | 10.80% |
| Madisonville, KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,074 | 9.85% |
| Laurel, MS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,672 | 9.20% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,383 | 9.00% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $1,762 | 8.25% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $1,681 | 9.00% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,546 | 10.55% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,591 | 8.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $1,651 | 9.20% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $3,184 | 8.00% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $2,060 | 9.50% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $1,621 | 9.40% |
| Picayune, MS (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $1,669 | 8.50% |
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.
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Product Mix
For 2024, Cis Financial Services's most frequently originated type of loan was Conventional, with 331 originations. Their 2nd most popular type was FHA, with 29 originations.
Loan Reason
For 2024, Cis Financial Services's most frequently cited loan purpose was Home Purchase, with 359 originations. The 2nd most popular reason was Refi, with 11 originations.
Loan Duration/Length
For 2024, Cis Financial Services's most frequently cited loan duration was Other, with 302 originations. The 2nd most popular length was 30 Year, with 57 originations.
Origination Fees/Closing Costs
Cis Financial Services's average total fees were $7,413, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 178 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 280 | $31,540,000 | $112,643 |
| 6-7% | 51 | $8,435,000 | $165,392 |
| 7-8% | 36 | $4,360,000 | $121,111 |
| 5-6% | 7 | $1,425,000 | $203,571 |
During 2024, Cis Financial Services's average interest rate for loans was 6.58%, while their most frequently originated rate bucket for loans was Over 8%, with 280 originations.
Loan Sizing
2024 saw Cis Financial Services place emphasis on $100,000 or less loans with 175 originations, totaling $12,805,000 in origination value.
Applicant Income
Cis Financial Services lent most frequently to those with incomes in the $50k-75k range, with 118 originations. The second most popular income band? $50k or less, with 110 originations.
Applicant Debt to Income Ratio
Cis Financial Services lent most frequently to those with DTI ratios of 20-30%, with 99 originations. The next most common DTI ratio? 30-36%, with 63 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.88%
Cis Financial Services has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination36.63%
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 | 374 | $45,760,000 | $122,353 |