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. They have a a high proportion of FHA loans. Cis Financial Services has an average proportion of conventional loans. Their top markets by origination volume include: Augusta, Lafayette, Florence, Opelousas, and Huntsville among others. We have data for 72 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.23% | 4/21/24 |
| 30 Year Conventional Refi | 6.92% | 4/21/24 |
| 30 Year Cash-out Refi | 6.77% | 4/21/24 |
| 30 Year FHA Purchase | 7.87% | 4/21/24 |
| 30 Year FHA Refi | 7.80% | 4/21/24 |
| 30 Year VA Purchase | 5.60% | 4/21/24 |
| 30 Year VA Refi | 6.86% | 4/21/24 |
| 30 Year USDA Purchase | 7.18% | 4/21/24 |
| 15 Year Conventional Purchase | 7.18% | 4/21/24 |
| 15 Year Conventional Refi | 6.58% | 4/21/24 |
| 15 Year Cash-out Refi | 6.58% | 4/21/24 |
| 15 Year VA Purchase | 5.68% | 4/21/24 |
| 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
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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
270Origination Dollar Volume (All Markets)
$39,670,000Top 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 | 65 | $8,935,000 | $137,462 | $7,047 | 4.61% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 15 | $2,665,000 | $177,667 | $9,243 | 5.19% |
| LAFAYETTE, LA (FHA|USDA|VA) | 19 | $2,575,000 | $135,526 | $8,964 | 5.28% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 20 | $2,320,000 | $116,000 | $6,406 | 4.44% |
| Opelousas, LA (FHA|USDA|VA) | 11 | $1,365,000 | $124,091 | $8,276 | 5.07% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 9 | $1,155,000 | $128,333 | $4,299 | 5.03% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 6 | $1,130,000 | $188,333 | $8,110 | 5.15% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 7 | $1,075,000 | $153,571 | $6,847 | 4.61% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 5 | $875,000 | $175,000 | $10,309 | 4.98% |
| Tupelo, MS (FHA|USDA|VA) | 8 | $840,000 | $105,000 | $6,843 | 4.98% |
| MOBILE, AL (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $7,067 | 4.98% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 5 | $795,000 | $159,000 | $8,807 | 4.83% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $8,375 | 4.97% |
| JACKSON, MS (FHA|USDA|VA) | 5 | $625,000 | $125,000 | $8,133 | 5.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $11,282 | 3.88% |
| DECATUR, AL (FHA|USDA|VA) | 5 | $585,000 | $117,000 | $6,051 | 5.00% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 4 | $530,000 | $132,500 | $7,657 | 5.13% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $9,514 | 4.58% |
| OWENSBORO, KY (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $10,145 | 5.42% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $8,720 | 3.38% |
| CLEVELAND, TN (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $7,365 | 4.75% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $7,914 | 4.42% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $4,636 | 4.25% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $10,155 | 4.94% |
| MONROE, LA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $11,305 | 4.81% |
| Fort Polk South, LA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $9,669 | 5.13% |
| Lake City, FL (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $7,304 | 5.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $10,238 | 3.88% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $7,133 | 4.75% |
| Alexander City, AL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $9,538 | 4.63% |
| GAINESVILLE, FL (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $7,058 | 5.25% |
| ROME, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $11,759 | 4.88% |
| BATON ROUGE, LA (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $8,964 | 5.31% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,822 | 6.00% |
| Columbus, MS (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $7,513 | 6.00% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $11,383 | 5.13% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $11,244 | 4.38% |
| Jasper, AL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $6,513 | 5.75% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,297 | 4.50% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $11,476 | 5.38% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,465 | 4.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,504 | 5.25% |
| Grenada, MS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,325 | 4.75% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $12,046 | 5.50% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,585 | 4.88% |
| Sulphur Springs, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $10,083 | 4.63% |
| Albemarle, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,881 | 4.75% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,814 | 6.25% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $9,127 | 5.50% |
| McComb, MS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $9,517 | 5.38% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $8,713 | 4.63% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,566 | 4.88% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $980 | 2.25% |
| Dublin, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,484 | 5.50% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,893 | 5.38% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,649 | 5.13% |
| Lawrenceburg, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,526 | 5.38% |
| TULSA, OK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,391 | 4.63% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,143 | 4.63% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,072 | 5.88% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,405 | 5.50% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $9,835 | 5.88% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,255 | 4.88% |
| Rockingham, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,953 | 5.63% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,441 | 5.50% |
| Oxford, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,388 | 5.63% |
| Crossville, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,592 | 5.25% |
| Bonham, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,278 | 5.63% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,520 | 4.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $6,177 | 5.13% |
| West Point, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $5,116 | 5.38% |
| Cullman, AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $5,234 | 5.13% |
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 2019, Cis Financial Services's most frequently originated type of loan was FHA, with 192 originations. Their 2nd most popular type was Conventional, with 43 originations.
Loan Reason
For 2019, Cis Financial Services's most frequently cited loan purpose was Home Purchase, with 237 originations. The 2nd most popular reason was Refi, with 18 originations.
Loan Duration/Length
For 2019, Cis Financial Services's most frequently cited loan duration was 30 Year, with 257 originations. The 2nd most popular length was 15 Year, with 10 originations.
Origination Fees/Closing Costs
Cis Financial Services's average total fees were $7,786, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 92 originations.
Interest Rates
During 2019, Cis Financial Services's average interest rate for loans was 4.91%, while their most frequently originated rate bucket for loans was 4-5%, with 117 originations.
Loan Sizing
2019 saw Cis Financial Services place emphasis on $100k-200k loans with 171 originations, totaling $24,735,000 in origination value.
Applicant Income
Cis Financial Services lent most frequently to those with incomes in the $50k or less range, with 96 originations. The second most popular income band? $50k-75k, with 88 originations.
Applicant Debt to Income Ratio
Cis Financial Services lent most frequently to those with DTI ratios of 30-36%, with 58 originations. The next most common DTI ratio? 20-30%, with 44 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications32.63%
Cis Financial Services has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination16.67%
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 | 270 | $39,670,000 | $146,926 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 170 | $23,490,000 | $138,176 |
| Single Family (1-4 Units):Site-Built | 100 | $16,180,000 | $161,800 |