Citywide Home Loans Mortgage Rates, Fees & Info

Salt Lake City, UT

LEI: 549300Q1WJSOIS2FON98

Tax ID: 87-0623581

4.3 stars - Updated: 7/11/24 - out of 5 stars, based on 35 reviews

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

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Mortgage Data

Review & Overview

Citywide Home Loans is a smaller mortgage company specializing in Home Purchase loans. Citywide Home Loans 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: Salt Lake City, Ogden, Phoenix, Denver, and Provo among others. We have data for 83 markets. (Some data included below & more in-depth data is available with an active subscription.)

Citywide Home Loans 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. Citywide Home Loans 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 6.58% 7/11/24
30 Year Conventional Refi 6.63% 7/11/24
30 Year Cash-out Refi 6.87% 7/11/24
30 Year FHA Purchase 7.60% 7/11/24
30 Year FHA Refi 6.79% 7/11/24
30 Year VA Purchase 6.27% 7/11/24
30 Year VA Refi 6.23% 7/11/24
30 Year USDA Purchase 6.73% 7/11/24
30 Year USDA Refi 6.27% 7/11/24
15 Year Conventional Purchase 6.21% 7/11/24
15 Year Conventional Refi 6.14% 7/11/24
15 Year Cash-out Refi 6.14% 7/11/24
15 Year FHA Refi 5.68% 7/11/24
15 Year VA Purchase 5.68% 7/11/24
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.

Citywide Home Loans Mortgage Calculator






Your Estimates

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

This is not an official calculator from Citywide Home Loans. 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

1,243

Origination Dollar Volume (All Markets)

$466,385,000
Show all (7) awards

Relative Rate

Citywide Home Loans's average 30 year fixed mortgage rate was 6.27%.

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

This yields a difference of -0.21%.

Relative Fees (Closing Costs)

Citywide Home Loans's average total fees/closing costs for a 30 year fixed rate mortgage were $10,465.

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
SALT LAKE CITY, UT (FHA|USDA|VA) 279 $110,935,000 $397,616 $10,301 6.54%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 181 $73,905,000 $408,315 $10,893 6.32%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 139 $57,305,000 $412,266 $10,812 6.50%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 160 $50,330,000 $314,563 $12,501 4.83%
PROVO-OREM, UT (FHA|USDA|VA) 73 $29,745,000 $407,466 $9,934 6.40%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 36 $17,560,000 $487,778 $11,599 6.70%
FRESNO, CA (FHA|USDA|VA) 43 $15,345,000 $356,860 $8,935 6.71%
Outside of Metro Areas 58 $14,520,000 $250,345 $8,442 6.84%
ST. GEORGE, UT (FHA|USDA|VA) 30 $12,170,000 $405,667 $10,507 6.79%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 18 $11,400,000 $633,333 $9,241 6.75%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 13 $8,005,000 $615,769 $11,848 6.91%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 17 $7,535,000 $443,235 $8,204 6.46%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 14 $5,540,000 $395,714 $10,751 6.74%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 20 $5,480,000 $274,000 $11,956 7.52%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 13 $2,825,000 $217,308 $5,235 6.28%
COLORADO SPRINGS, CO (FHA|USDA|VA) 8 $2,500,000 $312,500 $15,671 4.77%
BOISE CITY, ID (FHA|USDA|VA) 11 $2,465,000 $224,091 $8,689 6.44%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $2,040,000 $1,020,000 $23,846 6.69%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $1,815,000 $605,000 $15,179 7.33%
LOGAN, UT-ID (FHA|USDA|VA) 6 $1,810,000 $301,667 $6,160 6.42%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 7 $1,735,000 $247,857 $6,888 5.75%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,705,000 $341,000 $12,595 6.29%
Heber, UT (FHA|USDA|VA) 3 $1,575,000 $525,000 $7,617 6.79%
Cedar City, UT (FHA|USDA|VA) 5 $1,565,000 $313,000 $7,933 6.15%
Edwards, CO (FHA|USDA|VA) 2 $1,380,000 $690,000 $17,623 7.63%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $1,375,000 $275,000 $9,689 6.85%
GREELEY, CO (FHA|USDA|VA) 6 $1,370,000 $228,333 $9,272 4.58%
IDAHO FALLS, ID (FHA|USDA|VA) 4 $1,200,000 $300,000 $8,649 6.87%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 6 $1,090,000 $181,667 $9,778 6.15%
BATON ROUGE, LA (FHA|USDA|VA) 5 $995,000 $199,000 $9,473 7.10%
FORT COLLINS, CO (FHA|USDA|VA) 3 $925,000 $308,333 $4,144 4.50%
BOULDER, CO (FHA|USDA|VA) 2 $810,000 $405,000 $11,309 6.88%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $810,000 $405,000 $7,088 6.69%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 3 $755,000 $251,667 $10,393 4.33%
KNOXVILLE, TN (FHA|USDA|VA) 2 $730,000 $365,000 $5,304 6.13%
VISALIA, CA (FHA|USDA|VA) 3 $655,000 $218,333 $5,586 6.63%
TWIN FALLS, ID (FHA|USDA|VA) 2 $640,000 $320,000 $8,590 6.74%
TUCSON, AZ (FHA|USDA|VA) 2 $600,000 $300,000 $9,625 6.87%
Elko, NV (FHA|USDA|VA) 2 $570,000 $285,000 $10,520 6.75%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $555,000 $555,000 $13,389 7.00%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $490,000 $245,000 $0 8.25%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $455,000 $151,667 $5,942 4.83%
LAFAYETTE, LA (FHA|USDA|VA) 3 $445,000 $148,333 $7,097 6.65%
Payson, AZ (FHA|USDA|VA) 1 $445,000 $445,000 $20,428 5.00%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $425,000 $425,000 $7,001 6.13%
MADISON, WI (FHA|USDA|VA) 1 $415,000 $415,000 $8,639 6.13%
Winnemucca, NV (FHA|USDA|VA) 1 $395,000 $395,000 $18,239 6.25%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $365,000 $365,000 $6,132 6.38%
MANHATTAN, KS (FHA|USDA|VA) 1 $355,000 $355,000 $7,427 5.99%
LONGVIEW, WA (FHA|USDA|VA) 1 $355,000 $355,000 $15,858 5.75%
SAN ANGELO, TX (FHA|USDA|VA) 1 $355,000 $355,000 $8,983 6.50%
Helena, MT (FHA|USDA|VA) 1 $345,000 $345,000 $11,573 6.25%
Minot, ND (FHA|USDA|VA) 1 $315,000 $315,000 $16,444 6.75%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $315,000 $315,000 $10,962 6.63%
MISSOULA, MT (FHA|USDA|VA) 1 $315,000 $315,000 $4,511 6.63%
Wooster, OH (FHA|USDA|VA) 1 $315,000 $315,000 $14,035 5.63%
POCATELLO, ID (FHA|USDA|VA) 1 $295,000 $295,000 $6,539 6.99%
BILLINGS, MT (FHA|USDA|VA) 1 $295,000 $295,000 $7,639 5.88%
EL PASO, TX (FHA|USDA|VA) 1 $285,000 $285,000 $8,402 6.99%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $275,000 $275,000 $9,258 6.00%
YUMA, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $12,541 6.25%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $265,000 $265,000 $6,040 6.13%
BEND, OR (FHA|USDA|VA) 1 $265,000 $265,000 $8,544 5.63%
PUEBLO, CO (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.13%
Evanston, WY (FHA|USDA|VA) 1 $235,000 $235,000 $0 7.63%
Pahrump, NV (FHA|USDA|VA) 1 $235,000 $235,000 $7,597 7.38%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $235,000 $235,000 $5,668 6.88%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $230,000 $115,000 $3,771 7.25%
HINESVILLE, GA (FHA|USDA|VA) 1 $225,000 $225,000 $4,682 5.99%
Othello, WA (FHA|USDA|VA) 1 $225,000 $225,000 $0 7.00%
REDDING, CA (FHA|USDA|VA) 1 $225,000 $225,000 $7,199 6.38%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $225,000 $225,000 $8,970 6.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $225,000 $225,000 $7,305 5.75%
ST. CLOUD, MN (FHA|USDA|VA) 1 $225,000 $225,000 $6,381 6.00%
ROCKFORD, IL (FHA|USDA|VA) 1 $215,000 $215,000 $7,298 6.25%
LUBBOCK, TX (FHA|USDA|VA) 1 $215,000 $215,000 $4,796 6.75%
AMARILLO, TX (FHA|USDA|VA) 1 $215,000 $215,000 $0 7.63%
Sterling, CO (FHA|USDA|VA) 1 $205,000 $205,000 $11,507 7.38%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $185,000 $185,000 $4,203 6.13%
Athens, TN (FHA|USDA|VA) 1 $175,000 $175,000 $7,669 6.75%
TULSA, OK (FHA|USDA|VA) 1 $165,000 $165,000 $0 7.13%
Huntsville, TX (FHA|USDA|VA) 1 $85,000 $85,000 $0 9.00%
Stephenville, TX (FHA|USDA|VA) 1 $55,000 $55,000 $0 9.00%
Citywide Home Loans's top markets include Salt Lake City, Ogden, Phoenix, Denver, and Provo among others.

Their top states include:
  • Utah (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Similar Lenders

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

    Los Angeles Federal Credit Union
    Similarity Rank: 72
    MISSION
    Similarity Rank: 93
    State Bank of Southern Utah
    Similarity Rank: 176
    LBS FINANCIAL
    Similarity Rank: 258
    WEBER STATE FEDERAL CREDIT UNION
    Similarity Rank: 300
    SAN DIEGO COUNTY CREDIT UNION
    Similarity Rank: 312
    SOUTHLAND CREDIT UNION
    Similarity Rank: 342
    FIRST ENTERTAINMENT
    Similarity Rank: 351

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 852 $303,480,000 $356,197 $8,511 6.27%
    FHA 297 $118,195,000 $397,963 $15,021 6.47%
    VA 92 $44,110,000 $479,457 $13,218 6.02%
    USDA 2 $600,000 $300,000 $10,783 6.63%

    For 2023, Citywide Home Loans's most frequently originated type of loan was Conventional, with 852 originations. Their 2nd most popular type was FHA, with 297 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,151 $436,875,000 $379,561 $10,410 6.27%
    Cash Out Refi 71 $21,025,000 $296,127 $9,748 6.58%
    Refi 21 $8,485,000 $404,048 $11,892 6.81%

    For 2023, Citywide Home Loans's most frequently cited loan purpose was Home Purchase, with 1,151 originations. The 2nd most popular reason was Cash Out Refi, with 71 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,206 $459,440,000 $380,962 $10,465 6.27%
    15 Year 29 $5,235,000 $180,517 $6,730 6.98%
    10 Year 6 $190,000 $31,667 $3,836 8.29%
    20 Year 1 $1,075,000 $1,075,000 $14,813 5.88%
    Other 1 $445,000 $445,000 $10,881 8.38%

    For 2023, Citywide Home Loans's most frequently cited loan duration was 30 Year, with 1,206 originations. The 2nd most popular length was 15 Year, with 29 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 529 $246,525,000 $466,021
    $1k-2k 171 $71,075,000 $415,643
    $4k-5k 137 $46,425,000 $338,869
    $<1k 113 $3,755,000 $33,230
    $3k-4k 113 $38,205,000 $338,097
    $2k-3k 106 $38,840,000 $366,415

    Citywide Home Loans's average total fees were $10,465, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 529 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 642 $254,270,000 $396,059
    5-6% 265 $113,935,000 $429,943
    7-8% 248 $87,080,000 $351,129
    <2.5% 56 $900,000 $16,071
    Over 8% 25 $6,895,000 $275,800
    4-5% 7 $3,305,000 $472,143

    During 2023, Citywide Home Loans's average interest rate for loans was 6.27%, while their most frequently originated rate bucket for loans was 6-7%, with 642 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 486 $152,370,000 $313,519 $8,918 6.60%
    $400k-600k 411 $196,415,000 $477,895 $11,812 6.42%
    $100,000 or less 122 $2,900,000 $23,770 $4,204 4.11%
    $600k-1MM 121 $84,155,000 $695,496 $12,792 6.50%
    $100k-200k 88 $13,500,000 $153,409 $5,562 6.68%
    $1MM+ 15 $17,045,000 $1,136,333 $20,296 6.93%

    2023 saw Citywide Home Loans place emphasis on $200k-400k loans with 486 originations, totaling $152,370,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 392 $151,010,000 $385,230 $11,067 6.15%
    $75k-100k 295 $92,745,000 $314,390 $9,928 6.16%
    $150k-250k 226 $108,750,000 $481,195 $11,845 6.55%
    $50k-75k 169 $41,475,000 $245,414 $8,456 6.08%
    $250k+ 114 $64,200,000 $563,158 $10,519 6.84%
    $50k or less 43 $6,235,000 $145,000 $5,754 6.45%

    Citywide Home Loans lent most frequently to those with incomes in the $100k-150k range, with 392 originations. The second most popular income band? $75k-100k, with 295 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 204 $73,890,000 $362,206 $14,881 5.81%
    30-36% 140 $51,080,000 $364,857 $9,295 6.38%
    20-30% 110 $39,890,000 $362,636 $8,040 6.63%
    49% 92 $39,690,000 $431,413 $10,863 6.34%
    48% 68 $24,830,000 $365,147 $10,238 5.88%
    42% 63 $25,115,000 $398,651 $9,076 6.41%
    44% 60 $21,590,000 $359,833 $10,584 6.08%
    46% 57 $22,825,000 $400,439 $10,774 6.54%
    41% 51 $17,905,000 $351,078 $10,196 6.26%
    47% 50 $19,080,000 $381,600 $10,383 6.47%
    <20% 47 $10,515,000 $223,723 $7,767 6.97%
    39% 47 $19,485,000 $414,574 $10,853 6.48%
    45% 47 $20,635,000 $439,043 $10,037 6.54%
    40% 46 $19,680,000 $427,826 $9,790 6.56%
    43% 45 $18,605,000 $413,444 $11,031 6.36%
    37% 39 $13,485,000 $345,769 $8,121 6.49%
    36% 37 $12,865,000 $347,703 $9,867 6.22%
    38% 32 $11,030,000 $344,688 $8,294 5.88%
    >60% 4 $2,220,000 $555,000 $14,720 4.56%

    Citywide Home Loans lent most frequently to those with DTI ratios of 50-60%, with 204 originations. The next most common DTI ratio? 30-36%, with 140 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 918 $342,650,000 $373,257 $10,345 6.23%
    Not provided 195 $75,605,000 $387,718 $11,072 6.41%
    Asian 63 $26,125,000 $414,683 $9,730 6.71%
    Black 35 $9,685,000 $276,714 $9,487 6.34%
    Asian Indian 4 $2,550,000 $637,500 $13,041 6.59%
    American Indian 8 $2,240,000 $280,000 $8,106 6.53%
    Korean 4 $1,610,000 $402,500 $11,021 5.65%
    Native Hawaiian or Islander 5 $1,485,000 $297,000 $14,790 7.18%
    Filipino 3 $1,235,000 $411,667 $7,423 7.29%
    Other Pacific Islander 2 $810,000 $405,000 $12,666 6.37%
    Other Asian 2 $720,000 $360,000 $9,844 6.31%
    Vietnamese 1 $645,000 $645,000 $5,086 6.35%
    Guamanian 1 $505,000 $505,000 $9,449 6.00%
    Japanese 1 $315,000 $315,000 $7,721 7.13%
    Chinese 1 $205,000 $205,000 $7,086 5.88%

    Approval Rates

    Total approvals of all applications
    94.52%

    Citywide Home Loans has an average approval rate.

    Pick Rate

    Approvals leading to origination
    63.31%

    Citywide Home Loans 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 1,243 $466,385,000 $375,209

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,243 $466,385,000 $375,209

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 43 $9,255,000 $215,233 $5,548 6.64%
    40-60% 80 $27,690,000 $346,125 $7,063 6.46%
    60-80% 262 $113,060,000 $431,527 $9,691 6.69%
    80-100% 713 $299,675,000 $420,302 $10,925 6.51%
    Over 100% 28 $13,870,000 $495,357 $21,305 6.22%
    Under 20% 117 $2,835,000 $24,231 $4,075 3.90%