C E S Mortgage Rates, Fees & Info
Mount Vernon, OHLEI: 549300P0EVSTBKD8HJ82
Tax ID: 31-4400124
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
C E S is a smaller mortgage company specializing in Cash Out Refi, Home Purchase, and Refi loans. C E S has a high proportion of conventional loans. They have a low ratio of USDA loans. C E S has a low ratio of conventional loans. Their top markets by origination volume include: Mount Vernon, Columbus, Ashland, Mansfield, and Zanesville among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)C E S has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. C E S is typically a low 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 |
|---|---|---|
| 30 Year Conventional Purchase | 7.01% | 11/22/24 |
| 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. | ||
C E S Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from C E S. 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
109Origination Dollar Volume (All Markets)
$12,645,000Top 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 |
|---|---|---|---|---|---|
| Mount Vernon, OH (FHA|USDA|VA) | 76 | $8,440,000 | $111,053 | $3,838 | 3.09% |
| COLUMBUS, OH (FHA|USDA|VA) | 16 | $2,590,000 | $161,875 | $0 | 0.00% |
| Ashland, OH (FHA|USDA|VA) | 7 | $635,000 | $90,714 | $3,426 | 3.19% |
| MANSFIELD, OH (FHA|USDA|VA) | 6 | $440,000 | $73,333 | $4,258 | 3.00% |
| Zanesville, OH (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $230,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 102 | $11,920,000 | $116,863 | $0 | 0.00% |
| USDA | 5 | $535,000 | $107,000 | $4,309 | 3.18% |
| Conventional | 2 | $190,000 | $95,000 | $2,459 | 2.94% |
For 2020, C E S's most frequently originated type of loan was Conventional, with 102 originations. Their 2nd most popular type was USDA, with 5 originations.
Loan Reason
For 2020, C E S's most frequently cited loan purpose was Cash Out Refi, with 59 originations. The 2nd most popular reason was Home Purchase, with 25 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 102 | $11,920,000 | $116,863 | $0 | 0.00% |
| 30 Year | 6 | $610,000 | $101,667 | $3,989 | 3.19% |
| 15 Year | 1 | $115,000 | $115,000 | $2,529 | 2.63% |
For 2020, C E S's most frequently cited loan duration was Other, with 102 originations. The 2nd most popular length was 30 Year, with 6 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 5 | $535,000 | $107,000 |
| $<1k | 2 | $190,000 | $95,000 |
C E S's average total fees were $3,989, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 5 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 4 | $360,000 | $90,000 |
| 2.5-3% | 3 | $365,000 | $121,667 |
During 2020, C E S's average interest rate for loans was 3.19%, while their most frequently originated rate bucket for loans was 3-4%, with 4 originations.
Loan Sizing
2020 saw C E S place emphasis on $100,000 or less loans with 50 originations, totaling $3,480,000 in origination value.
Applicant Income
C E S lent most frequently to those with incomes in the $50k or less range, with 41 originations. The second most popular income band? $50k-75k, with 28 originations.
Applicant Debt to Income Ratio
C E S lent most frequently to those with DTI ratios of Exempt%, with 102 originations. The next most common DTI ratio? 20-30%, with 1 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.89%
C E S has an average approval rate.
Pick Rate
Approvals leading to origination90.83%
C E S has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 102 | $11,920,000 | $116,863 |
| NA | 7 | $725,000 | $103,571 |