C&f Select Mortgage Rates, Fees & Info
WEST POINT, VALEI: 549300X50UOL0Z4M1J25
Tax ID: 83-2995967
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Mortgage Data
Review & Overview
C&f Select is a smaller mortgage company specializing in Home Purchase loans. C&f Select has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top two markets are Richmond and Washington .C&f Select 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. C&f Select 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.11% | 7/7/25 |
| 30 Year FHA Purchase | 7.66% | 7/7/25 |
| 30 Year VA Purchase | 6.72% | 7/7/25 |
| 15 Year Conventional Purchase | 6.47% | 7/7/25 |
| 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. | ||
C&f Select Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
85Origination Dollar Volume (All Markets)
$29,155,000Awards
C&F Select - 2024
C&F Select is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
C&f Select's average 30 year fixed mortgage rate was
6.83%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.28%.
Relative Fees (Closing Costs)
C&f Select's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,377.
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 |
|---|---|---|---|---|---|
| RICHMOND, VA (FHA|USDA|VA) | 77 | $27,215,000 | $353,442 | $6,312 | 6.82% |
| Outside of Metro Areas | 7 | $1,435,000 | $205,000 | $6,629 | 6.91% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $3,842 | 7.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against C&F Select based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 66
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Similarity Rank: 1476
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Similarity Rank: 2208
Similarity Rank: 2408
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 65 | $22,155,000 | $340,846 | $4,272 | 6.90% |
| FHA | 17 | $5,795,000 | $340,882 | $13,447 | 6.65% |
| VA | 3 | $1,205,000 | $401,667 | $7,961 | 6.42% |
For 2024, C&f Select's most frequently originated type of loan was Conventional, with 65 originations. Their 2nd most popular type was FHA, with 17 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 84 | $28,740,000 | $342,143 | $6,313 | 6.83% |
| Refi | 1 | $415,000 | $415,000 | $5,997 | 6.88% |
For 2024, C&f Select's most frequently cited loan purpose was Home Purchase, with 84 originations. The 2nd most popular reason was Refi, with 1 originations.
Loan Duration/Length
For 2024, C&f Select's most frequently cited loan duration was 30 Year, with 80 originations. The 2nd most popular length was Other, with 3 originations.
Origination Fees/Closing Costs
C&f Select's average total fees were $6,377, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 55 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 49 | $17,715,000 | $361,531 |
| 7-8% | 30 | $9,370,000 | $312,333 |
| 5-6% | 6 | $2,070,000 | $345,000 |
During 2024, C&f Select's average interest rate for loans was 6.83%, while their most frequently originated rate bucket for loans was 6-7%, with 49 originations.
Loan Sizing
2024 saw C&f Select place emphasis on $200k-400k loans with 38 originations, totaling $11,330,000 in origination value.
Applicant Income
C&f Select lent most frequently to those with incomes in the $100k-150k range, with 24 originations. The second most popular income band? $150k-250k, with 22 originations.
Applicant Debt to Income Ratio
C&f Select lent most frequently to those with DTI ratios of 30-36%, with 17 originations. The next most common DTI ratio? 42%, with 9 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.02%
C&f Select has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.06%
C&f Select has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 85 | $29,155,000 | $343,000 |