C&f Select Mortgage Rates, Fees & Info
WEST POINT, VALEI: 549300X50UOL0Z4M1J25
Tax ID: 83-2995967
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
C&f Select is a smaller mortgage company specializing in Home Purchase and Refi loans. C&f Select 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: Richmond, Virginia Beach, Washington, and Lynchburg among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)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.
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 | 6.79% | 4/18/24 |
| 30 Year Conventional Refi | 6.57% | 4/18/24 |
| 30 Year Cash-out Refi | 6.70% | 4/18/24 |
| 30 Year FHA Purchase | 7.61% | 4/18/24 |
| 30 Year VA Purchase | 6.50% | 4/18/24 |
| 30 Year USDA Purchase | 7.36% | 4/18/24 |
| 15 Year Conventional Purchase | 6.51% | 4/18/24 |
| 15 Year Conventional Refi | 6.30% | 4/18/24 |
| 15 Year Cash-out Refi | 6.30% | 4/18/24 |
| 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&f Select Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from C&f Select. 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
230Origination Dollar Volume (All Markets)
$61,920,000Top 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 |
|---|---|---|---|---|---|
| RICHMOND, VA (FHA|USDA|VA) | 209 | $57,465,000 | $274,952 | $4,446 | 3.15% |
| Outside of Metro Areas | 14 | $2,740,000 | $195,714 | $4,116 | 3.07% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 4 | $920,000 | $230,000 | $4,134 | 3.19% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $2,863 | 3.00% |
| LYNCHBURG, VA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $3,240 | 3.06% |
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: 1417
Similarity Rank: 1570
Similarity Rank: 1896
Similarity Rank: 2052
Similarity Rank: 2628
Similarity Rank: 2783
Similarity Rank: 2941
Similarity Rank: 3010
Similarity Rank: 3728
Similarity Rank: 3864
Product Mix
For 2020, C&f Select's most frequently originated type of loan was Conventional, with 162 originations. Their 2nd most popular type was FHA, with 47 originations.
Loan Reason
For 2020, C&f Select's most frequently cited loan purpose was Home Purchase, with 153 originations. The 2nd most popular reason was Refi, with 60 originations.
Loan Duration/Length
For 2020, C&f Select's most frequently cited loan duration was 30 Year, with 220 originations. The 2nd most popular length was 15 Year, with 9 originations.
Origination Fees/Closing Costs
C&f Select's average total fees were $4,485, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 160 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 107 | $28,995,000 | $270,981 |
| 2.5-3% | 100 | $28,170,000 | $281,700 |
| 4-5% | 12 | $1,890,000 | $157,500 |
| <2.5% | 11 | $2,865,000 | $260,455 |
During 2020, C&f Select's average interest rate for loans was 3.16%, while their most frequently originated rate bucket for loans was 3-4%, with 107 originations.
Loan Sizing
2020 saw C&f Select place emphasis on $200k-400k loans with 123 originations, totaling $35,485,000 in origination value.
Applicant Income
C&f Select lent most frequently to those with incomes in the $50k-75k range, with 59 originations. The second most popular income band? $100k-150k, with 55 originations.
Applicant Debt to Income Ratio
C&f Select lent most frequently to those with DTI ratios of 30-36%, with 48 originations. The next most common DTI ratio? 20-30%, with 42 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.35%
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 origination83.91%
C&f Select has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 230 | $61,920,000 | $269,217 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 3 | $325,000 | $108,333 |
| Single Family (1-4 Units):Site-Built | 227 | $61,595,000 | $271,344 |