City First Mortgage Services Rates, Fees & Info

BOUNTIFUL, UT

LEI: 549300YPBBHUEKV1YC68

Tax ID: 87-0515745

2.8 stars - out of 5 stars, based on 45 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    City First Mortgage Services is a smaller mortgage company specializing in Home Purchase and Refi loans. City First Mortgage 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: Miami, Austin, Houston, Charleston, and Los Angeles among others. We have data for 123 markets. (Some data included below & more in-depth data is available with an active subscription.)

    City First Mortgage Services 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. City First Mortgage Services 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 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 7.25% 12/4/22
    30 Year Conventional Refi 7.01% 12/4/22
    30 Year Cash-out Refi 7.14% 12/4/22
    30 Year FHA Purchase 8.05% 12/4/22
    30 Year FHA Refi 7.62% 12/4/22
    30 Year VA Purchase 6.93% 12/4/22
    30 Year VA Refi 6.45% 12/4/22
    30 Year USDA Purchase 7.14% 12/4/22
    30 Year USDA Refi 7.20% 12/4/22
    15 Year Conventional Purchase 6.62% 12/4/22
    15 Year Conventional Refi 6.25% 12/4/22
    15 Year Cash-out Refi 6.25% 12/4/22
    15 Year FHA Refi 7.80% 12/4/22
    15 Year VA Refi 6.16% 12/4/22
    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.


    Originations

    2,052

    Origination Dollar Volume (All Markets)

    $550,960,000

    Awards

    CITY FIRST MORTGAGE SERVICES 30 Year Conventional Loans bronze CITY FIRST MORTGAGE SERVICES 30 Year Conventional Loans bronze CITY FIRST MORTGAGE SERVICES 30 Year Conventional Loans silver
    Show all (3) awards

    Relative Rate

    City First Mortgage Services's average 30 year fixed mortgage rate was 3.3%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.15%.

    Relative Fees (Closing Costs)

    City First Mortgage Services's average total fees/closing costs for a 30 year fixed rate mortgage were $6,552.

    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 $4,750.

    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
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 214 $69,550,000 $325,000 $6,962 3.29%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 218 $66,740,000 $306,147 $7,630 3.19%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 213 $48,005,000 $225,376 $8,272 3.39%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 125 $35,045,000 $280,360 $5,376 3.19%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 56 $25,070,000 $447,679 $5,688 2.97%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 84 $24,260,000 $288,810 $4,371 2.90%
    LUBBOCK, TX (FHA|USDA|VA) 130 $23,000,000 $176,923 $5,691 3.45%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 86 $20,700,000 $240,698 $4,915 3.34%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 79 $20,535,000 $259,937 $6,942 3.37%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 54 $15,270,000 $282,778 $5,535 3.35%
    Outside of Metro Areas 71 $13,875,000 $195,423 $5,844 3.20%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 56 $13,870,000 $247,679 $4,841 2.92%
    ST. GEORGE, UT (FHA|USDA|VA) 40 $13,290,000 $332,250 $4,512 2.88%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 52 $11,840,000 $227,692 $7,547 3.38%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 36 $11,170,000 $310,278 $7,138 3.29%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 46 $11,080,000 $240,870 $7,961 3.23%
    SALT LAKE CITY, UT (FHA|USDA|VA) 21 $7,625,000 $363,095 $7,136 3.11%
    GRAND JUNCTION, CO (FHA|USDA|VA) 34 $7,120,000 $209,412 $5,458 3.08%
    PROVO-OREM, UT (FHA|USDA|VA) 20 $6,900,000 $345,000 $3,947 2.92%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 21 $6,895,000 $328,333 $5,424 3.10%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 24 $6,300,000 $262,500 $4,534 3.02%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 11 $6,005,000 $545,909 $9,994 3.64%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 42 $4,670,000 $111,190 $4,230 4.04%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 16 $4,080,000 $255,000 $6,056 3.41%
    BILLINGS, MT (FHA|USDA|VA) 15 $3,675,000 $245,000 $7,219 3.08%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 14 $3,140,000 $224,286 $7,201 3.59%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 6 $3,020,000 $503,333 $12,519 2.67%
    MIDLAND, TX (FHA|USDA|VA) 10 $2,910,000 $291,000 $7,242 3.19%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 14 $2,660,000 $190,000 $4,859 3.21%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 10 $2,390,000 $239,000 $7,691 3.41%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $2,140,000 $535,000 $13,973 2.84%
    Huntsville, TX (FHA|USDA|VA) 9 $2,065,000 $229,444 $5,890 3.13%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $2,005,000 $401,000 $5,680 3.05%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 10 $1,960,000 $196,000 $6,872 3.35%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $1,960,000 $490,000 $9,402 2.91%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $1,760,000 $440,000 $4,995 3.44%
    YORK-HANOVER, PA (FHA|USDA|VA) 10 $1,730,000 $173,000 $7,249 3.66%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 5 $1,695,000 $339,000 $6,047 3.05%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $1,655,000 $551,667 $6,016 3.04%
    Pahrump, NV (FHA|USDA|VA) 8 $1,570,000 $196,250 $6,112 3.81%
    Bozeman, MT (FHA|USDA|VA) 4 $1,500,000 $375,000 $11,876 2.97%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 12 $1,440,000 $120,000 $4,830 3.69%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 6 $1,360,000 $226,667 $8,515 3.33%
    TULSA, OK (FHA|USDA|VA) 7 $1,295,000 $185,000 $5,174 3.43%
    COLUMBIA, SC (FHA|USDA|VA) 5 $1,295,000 $259,000 $4,011 2.80%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 3 $1,255,000 $418,333 $6,484 3.04%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $1,075,000 $358,333 $4,311 3.04%
    PUNTA GORDA, FL (FHA|USDA|VA) 3 $1,055,000 $351,667 $6,247 3.67%
    LONGVIEW, TX (FHA|USDA|VA) 5 $1,045,000 $209,000 $8,866 3.10%
    TALLAHASSEE, FL (FHA|USDA|VA) 3 $1,045,000 $348,333 $5,143 3.13%
    Key West, FL (FHA|USDA|VA) 2 $1,020,000 $510,000 $6,884 3.63%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $995,000 $331,667 $2,831 2.58%
    Glenwood Springs, CO (FHA|USDA|VA) 4 $980,000 $245,000 $5,867 3.06%
    WENATCHEE, WA (FHA|USDA|VA) 3 $955,000 $318,333 $7,764 3.25%
    TUCSON, AZ (FHA|USDA|VA) 3 $935,000 $311,667 $6,105 4.17%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $850,000 $425,000 $5,952 2.88%
    BAKERSFIELD, CA (FHA|USDA|VA) 2 $800,000 $400,000 $4,879 3.38%
    Georgetown, SC (FHA|USDA|VA) 4 $800,000 $200,000 $5,665 3.16%
    Cedar City, UT (FHA|USDA|VA) 3 $785,000 $261,667 $8,847 3.17%
    STOCKTON, CA (FHA|USDA|VA) 2 $740,000 $370,000 $13,570 3.06%
    Kalispell, MT (FHA|USDA|VA) 1 $705,000 $705,000 $16,322 3.63%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $690,000 $345,000 $8,250 3.06%
    FAYETTEVILLE, NC (FHA|USDA|VA) 6 $660,000 $110,000 $3,128 4.02%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 3 $655,000 $218,333 $6,374 3.58%
    ODESSA, TX (FHA|USDA|VA) 3 $575,000 $191,667 $7,817 3.67%
    BOISE CITY, ID (FHA|USDA|VA) 1 $565,000 $565,000 $25,267 2.25%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $530,000 $265,000 $3,950 3.06%
    Granbury, TX (FHA|USDA|VA) 1 $505,000 $505,000 $6,084 2.88%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $495,000 $165,000 $6,972 3.75%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $485,000 $485,000 $4,595 3.25%
    Helena, MT (FHA|USDA|VA) 1 $465,000 $465,000 $15,549 2.88%
    Price, UT (FHA|USDA|VA) 3 $465,000 $155,000 $3,131 3.54%
    MISSOULA, MT (FHA|USDA|VA) 2 $450,000 $225,000 $5,509 2.75%
    YAKIMA, WA (FHA|USDA|VA) 3 $435,000 $145,000 $3,209 2.92%
    Levelland, TX (FHA|USDA|VA) 3 $425,000 $141,667 $5,889 3.42%
    FRESNO, CA (FHA|USDA|VA) 1 $425,000 $425,000 $6,953 4.13%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $420,000 $210,000 $5,082 3.25%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $410,000 $102,500 $4,917 3.78%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $380,000 $190,000 $5,472 3.19%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $375,000 $375,000 $3,751 3.13%
    TYLER, TX (FHA|USDA|VA) 1 $365,000 $365,000 $5,795 2.88%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $350,000 $175,000 $6,795 3.56%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $345,000 $345,000 $4,959 3.38%
    OCALA, FL (FHA|USDA|VA) 2 $340,000 $170,000 $3,735 2.88%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $325,000 $325,000 $4,571 2.38%
    Cullowhee, NC (FHA|USDA|VA) 1 $315,000 $315,000 $4,974 3.63%
    AMES, IA (FHA|USDA|VA) 1 $305,000 $305,000 $14,457 3.25%
    RICHMOND, VA (FHA|USDA|VA) 2 $300,000 $150,000 $4,430 4.13%
    Centralia, WA (FHA|USDA|VA) 1 $295,000 $295,000 $4,138 4.13%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $285,000 $285,000 $9,202 2.63%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $285,000 $285,000 $5,391 2.88%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $280,000 $140,000 $5,961 3.31%
    Plainview, TX (FHA|USDA|VA) 2 $280,000 $140,000 $5,543 3.25%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $275,000 $275,000 $14,711 3.13%
    WACO, TX (FHA|USDA|VA) 1 $275,000 $275,000 $6,855 2.88%
    Gillette, WY (FHA|USDA|VA) 1 $275,000 $275,000 $3,810 3.13%
    Lufkin, TX (FHA|USDA|VA) 1 $265,000 $265,000 $5,322 3.38%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $265,000 $265,000 $6,390 3.25%
    Andrews, TX (FHA|USDA|VA) 1 $255,000 $255,000 $7,456 3.00%
    Boone, NC (FHA|USDA|VA) 1 $255,000 $255,000 $4,392 2.75%
    IDAHO FALLS, ID (FHA|USDA|VA) 1 $255,000 $255,000 $6,948 3.00%
    AMARILLO, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,646 3.38%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $245,000 $245,000 $4,443 3.13%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $245,000 $245,000 $6,468 3.13%
    RENO, NV (FHA|USDA|VA) 1 $225,000 $225,000 $3,340 3.00%
    Corsicana, TX (FHA|USDA|VA) 1 $225,000 $225,000 $7,124 3.25%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $225,000 $225,000 $4,551 3.25%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $215,000 $215,000 $2,821 2.75%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $215,000 $215,000 $6,060 3.50%
    Mason City, IA (FHA|USDA|VA) 1 $215,000 $215,000 $3,962 3.25%
    Show Low, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $5,209 3.88%
    SUMTER, SC (FHA|USDA|VA) 1 $205,000 $205,000 $2,074 2.25%
    Marion, NC (FHA|USDA|VA) 1 $195,000 $195,000 $4,120 3.50%
    JACKSON, TN (FHA|USDA|VA) 1 $195,000 $195,000 $3,750 3.75%
    LANCASTER, PA (FHA|USDA|VA) 1 $195,000 $195,000 $5,125 4.13%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $185,000 $185,000 $7,031 3.75%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $6,953 3.00%
    Sonora, CA (FHA|USDA|VA) 1 $175,000 $175,000 $3,368 2.88%
    LINCOLN, NE (FHA|USDA|VA) 1 $155,000 $155,000 $3,009 3.38%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $145,000 $145,000 $6,832 3.50%
    MOBILE, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,593 3.13%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $105,000 $105,000 $3,426 4.00%
    Carroll, IA (FHA|USDA|VA) 1 $75,000 $75,000 $3,670 3.25%
    City First Mortgage Services's top markets include Miami, Austin, Houston, Charleston, and Los Angeles among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • California (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,511 $404,655,000 $267,806 $5,269 3.27%
    FHA 420 $105,390,000 $250,929 $10,109 3.31%
    VA 107 $37,975,000 $354,907 $8,075 2.97%
    USDA 14 $2,940,000 $210,000 $6,994 2.86%

    For 2021, City First Mortgage Services's most frequently originated type of loan was Conventional, with 1,511 originations. Their 2nd most popular type was FHA, with 420 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,217 $333,585,000 $274,104 $7,410 3.36%
    Refi 789 $204,385,000 $259,043 $4,935 3.11%
    Cash Out Refi 44 $12,890,000 $292,955 $5,762 3.30%
    Home Improvement 1 $95,000 $95,000 $3,366 3.00%
    Other 1 $5,000 $5,000 $150 0.00%

    For 2021, City First Mortgage Services's most frequently cited loan purpose was Home Purchase, with 1,217 originations. The 2nd most popular reason was Refi, with 789 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,919 $522,665,000 $272,363 $6,552 3.30%
    15 Year 88 $18,350,000 $208,523 $4,517 2.63%
    20 Year 26 $5,700,000 $219,231 $4,195 3.04%
    Other 15 $3,795,000 $253,000 $4,861 2.91%
    10 Year 4 $450,000 $112,500 $4,427 2.47%

    For 2021, City First Mortgage Services's most frequently cited loan duration was 30 Year, with 1,919 originations. The 2nd most popular length was 15 Year, with 88 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,030 $280,300,000 $272,136
    $2k-3k 408 $100,020,000 $245,147
    $3k-4k 231 $54,245,000 $234,827
    $5k+ 172 $60,350,000 $350,872
    $4k-5k 129 $35,095,000 $272,054
    $<1k 81 $20,815,000 $256,975

    City First Mortgage Services's average total fees were $6,552, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,030 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,200 $319,510,000 $266,258
    2.5-3% 601 $169,125,000 $281,406
    <2.5% 128 $37,110,000 $289,922
    4-5% 117 $23,975,000 $204,915
    5-6% 5 $1,235,000 $247,000

    During 2021, City First Mortgage Services's average interest rate for loans was 3.30%, while their most frequently originated rate bucket for loans was 3-4%, with 1,200 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,035 $291,315,000 $281,464 $6,847 3.23%
    $100k-200k 613 $96,105,000 $156,778 $5,217 3.33%
    $400k-600k 287 $137,985,000 $480,784 $7,525 3.15%
    $100,000 or less 93 $7,665,000 $82,419 $4,086 3.48%
    $600k-1MM 23 $16,405,000 $713,261 $13,107 3.20%
    $1MM+ 1 $1,485,000 $1,485,000 $44,753 3.88%

    2021 saw City First Mortgage Services place emphasis on $200k-400k loans with 1,035 originations, totaling $291,315,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 559 $133,015,000 $237,952 $6,809 3.29%
    $50k or less 420 $83,430,000 $198,643 $6,296 3.28%
    $75k-100k 386 $107,840,000 $279,378 $6,468 3.24%
    $100k-150k 360 $110,000,000 $305,556 $6,018 3.24%
    $150k-250k 245 $84,345,000 $344,265 $6,140 3.24%
    $250k+ 80 $31,650,000 $395,625 $6,800 3.23%

    City First Mortgage Services lent most frequently to those with incomes in the $50k-75k range, with 559 originations. The second most popular income band? $50k or less, with 420 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 353 $95,355,000 $270,127 $5,776 3.22%
    20-30% 314 $81,710,000 $260,223 $5,194 3.16%
    <20% 138 $33,780,000 $244,783 $5,036 3.19%
    44% 126 $32,520,000 $258,095 $6,776 3.34%
    50-60% 120 $33,010,000 $275,083 $10,371 3.24%
    42% 94 $25,520,000 $271,489 $6,288 3.38%
    41% 84 $22,370,000 $266,310 $6,418 3.35%
    45% 82 $25,500,000 $310,976 $7,427 3.32%
    43% 80 $21,000,000 $262,500 $6,350 3.33%
    39% 79 $21,185,000 $268,165 $5,471 3.34%
    38% 79 $20,985,000 $265,633 $6,064 3.35%
    37% 77 $21,715,000 $282,013 $6,349 3.34%
    49% 76 $19,220,000 $252,895 $7,505 3.39%
    40% 73 $21,715,000 $297,466 $6,943 3.26%
    48% 71 $19,535,000 $275,141 $8,038 3.36%
    46% 65 $16,855,000 $259,308 $7,322 3.29%
    47% 63 $16,915,000 $268,492 $7,713 3.21%
    36% 52 $14,430,000 $277,500 $6,606 3.18%
    >60% 1 $185,000 $185,000 $1,035 3.38%

    City First Mortgage Services lent most frequently to those with DTI ratios of 30-36%, with 353 originations. The next most common DTI ratio? 20-30%, with 314 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,627 $437,595,000 $268,958 $6,353 3.24%
    Not provided 236 $67,450,000 $285,805 $6,577 3.29%
    Asian 78 $19,430,000 $249,103 $6,223 3.34%
    Black 81 $18,645,000 $230,185 $7,620 3.47%
    American Indian 14 $3,820,000 $272,857 $6,655 3.41%
    Asian Indian 6 $1,660,000 $276,667 $5,263 3.13%
    Other Asian 2 $770,000 $385,000 $6,369 2.63%
    Vietnamese 2 $580,000 $290,000 $7,065 3.31%
    Native Hawaiian or Islander 1 $265,000 $265,000 $4,154 2.75%
    Japanese 2 $210,000 $105,000 $3,846 3.69%
    Chinese 1 $195,000 $195,000 $4,785 3.75%
    Not applicable 1 $195,000 $195,000 $5,237 2.50%
    Korean 1 $145,000 $145,000 $3,991 3.13%

    Approval Rates

    Total approvals of all applications
    96.75%

    City First Mortgage Services has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    73.39%

    City First Mortgage Services has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,052 $550,960,000 $268,499

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,052 $550,960,000 $268,499

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 57 $11,795,000 $206,930 $4,042 2.91%
    40-60% 229 $57,755,000 $252,205 $4,580 2.98%
    60-80% 724 $193,180,000 $266,823 $5,322 3.30%
    80-100% 1,011 $279,315,000 $276,276 $7,629 3.32%
    Over 100% 16 $6,980,000 $436,250 $16,825 3.10%
    Under 20% 14 $1,570,000 $112,143 $3,579 3.04%