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: Hickory, Nashville, Birmingham, Florence, and Tuscaloosa among others. We have data for 113 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.23% | 4/28/24 |
| 30 Year Conventional Refi | 6.92% | 4/28/24 |
| 30 Year Cash-out Refi | 6.77% | 4/28/24 |
| 30 Year FHA Purchase | 7.87% | 4/28/24 |
| 30 Year FHA Refi | 7.80% | 4/28/24 |
| 30 Year VA Purchase | 5.60% | 4/28/24 |
| 30 Year VA Refi | 6.86% | 4/28/24 |
| 30 Year USDA Purchase | 7.18% | 4/28/24 |
| 15 Year Conventional Purchase | 7.18% | 4/28/24 |
| 15 Year Conventional Refi | 6.58% | 4/28/24 |
| 15 Year Cash-out Refi | 6.58% | 4/28/24 |
| 15 Year VA Purchase | 5.68% | 4/28/24 |
| 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
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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
477Origination Dollar Volume (All Markets)
$74,635,000Top 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 | 124 | $16,130,000 | $130,081 | $3,630 | 6.16% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 31 | $5,655,000 | $182,419 | $6,532 | 5.52% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 12 | $4,960,000 | $413,333 | $10,041 | 4.68% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 27 | $4,705,000 | $174,259 | $4,378 | 5.98% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 26 | $3,870,000 | $148,846 | $5,604 | 5.87% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 12 | $2,080,000 | $173,333 | $4,107 | 6.09% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 10 | $1,910,000 | $191,000 | $3,981 | 6.29% |
| Jasper, AL (FHA|USDA|VA) | 14 | $1,900,000 | $135,714 | $4,649 | 6.35% |
| DECATUR, AL (FHA|USDA|VA) | 14 | $1,590,000 | $113,571 | $5,127 | 6.04% |
| Tupelo, MS (FHA|USDA|VA) | 7 | $1,285,000 | $183,571 | $3,618 | 6.98% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 10 | $1,280,000 | $128,000 | $4,034 | 5.95% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 5 | $1,205,000 | $241,000 | $5,538 | 5.02% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 8 | $1,150,000 | $143,750 | $2,085 | 6.76% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 4 | $960,000 | $240,000 | $8,771 | 4.28% |
| Kerrville, TX (FHA|USDA|VA) | 7 | $935,000 | $133,571 | $2,379 | 7.42% |
| MONROE, LA (FHA|USDA|VA) | 9 | $925,000 | $102,778 | $2,257 | 7.12% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $3,135 | 6.06% |
| Cullman, AL (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $5,692 | 5.68% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 5 | $685,000 | $137,000 | $4,083 | 7.10% |
| HATTIESBURG, MS (FHA|USDA|VA) | 5 | $655,000 | $131,000 | $1,168 | 7.05% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $5,665 | 5.78% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $4,422 | 6.13% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 4 | $550,000 | $137,500 | $1,969 | 7.18% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $6,329 | 5.75% |
| JACKSON, MS (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $939 | 6.50% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $5,913 | 6.50% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $6,594 | 6.50% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $3,149 | 6.68% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $10,503 | 5.94% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $22,290 | 4.13% |
| Laurel, MS (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $1,098 | 6.75% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $6,567 | 7.50% |
| PINE BLUFF, AR (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $977 | 7.50% |
| Picayune, MS (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $986 | 7.25% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $1,420 | 6.69% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $1,375 | 7.25% |
| BATON ROUGE, LA (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $1,385 | 7.58% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $17,830 | 4.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 4 | $340,000 | $85,000 | $1,976 | 6.68% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $13,863 | 5.63% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $6,700 | 6.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $1,865 | 6.58% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,364 | 5.50% |
| LAFAYETTE, LA (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $841 | 6.58% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,635 | 2.25% |
| Columbus, MS (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $840 | 5.75% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $3,316 | 5.63% |
| Starkville, MS (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $840 | 5.63% |
| Waycross, GA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $4,310 | 7.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $16,141 | 3.88% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $2,264 | 6.58% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $4,049 | 7.49% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,787 | 6.50% |
| Boone, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,541 | 3.88% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $9,867 | 6.00% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $1,642 | 7.99% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $1,637 | 7.75% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,039 | 6.38% |
| Dayton, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $828 | 6.25% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,190 | 6.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,303 | 4.38% |
| Henderson, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,039 | 6.63% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,146 | 5.63% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,530 | 6.00% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,114 | 6.99% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,342 | 6.13% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $10,358 | 6.38% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $5,870 | 4.38% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $8,517 | 5.99% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,427 | 6.50% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $10,108 | 2.88% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $8,148 | 6.13% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,986 | 5.13% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,225 | 6.38% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,786 | 5.88% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,601 | 5.49% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,332 | 7.50% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $837 | 5.49% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,894 | 3.50% |
| Lake City, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,731 | 5.50% |
| Greenville, MS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,642 | 7.99% |
| Ozark, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $842 | 7.25% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,941 | 7.50% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $828 | 8.50% |
| Albertville, AL (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $825 | 6.38% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,542 | 5.50% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $9,258 | 5.38% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,999 | 5.63% |
| Natchez, MS-LA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $807 | 5.49% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,678 | 6.99% |
| Cleveland, MS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $868 | 6.25% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $1,414 | 5.99% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,844 | 6.63% |
| West Point, MS (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,979 | 5.38% |
| Brookhaven, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,626 | 7.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,504 | 3.50% |
| Meridian, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $843 | 5.74% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $847 | 5.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $842 | 7.00% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $837 | 7.25% |
| Camden, AR (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $848 | 7.25% |
| Dublin, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,691 | 5.49% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,641 | 8.25% |
| Russellville, AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,541 | 5.50% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $6,734 | 6.13% |
| Vidalia, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,641 | 7.75% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,421 | 6.25% |
| Shelby, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $6,031 | 5.63% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,601 | 6.13% |
| Searcy, AR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $828 | 5.75% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,641 | 6.99% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $1,621 | 6.99% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $1,147 | 7.75% |
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Product Mix
For 2022, Cis Financial Services's most frequently originated type of loan was Conventional, with 355 originations. Their 2nd most popular type was FHA, with 95 originations.
Loan Reason
For 2022, Cis Financial Services's most frequently cited loan purpose was Home Purchase, with 426 originations. The 2nd most popular reason was Refi, with 32 originations.
Loan Duration/Length
For 2022, Cis Financial Services's most frequently cited loan duration was Other, with 223 originations. The 2nd most popular length was 30 Year, with 209 originations.
Origination Fees/Closing Costs
Cis Financial Services's average total fees were $7,623, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 229 originations.
Interest Rates
During 2022, Cis Financial Services's average interest rate for loans was 5.32%, while their most frequently originated rate bucket for loans was 6-7%, with 126 originations.
Loan Sizing
2022 saw Cis Financial Services place emphasis on $100k-200k loans with 237 originations, totaling $34,945,000 in origination value.
Applicant Income
Cis Financial Services lent most frequently to those with incomes in the $50k-75k range, with 154 originations. The second most popular income band? $50k or less, with 128 originations.
Applicant Debt to Income Ratio
Cis Financial Services lent most frequently to those with DTI ratios of 20-30%, with 133 originations. The next most common DTI ratio? 30-36%, with 88 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications45.71%
Cis Financial Services has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination-71.28%
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 | 477 | $74,635,000 | $156,468 |