City First Mortgage Services Rates, Fees & Info
BOUNTIFUL, UTLEI: 549300YPBBHUEKV1YC68
Tax ID: 87-0515745
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
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 include Miami, Austin, Houston, Charleston, and Los Angeles among others. City First Mortgage Services has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. City First Mortgage Services is typically a high fee lendor.Originations
2,052Origination Dollar Volume (All Markets)
$550,960,000Awards
CITY FIRST MORTGAGE SERVICES - 2021
CITY FIRST MORTGAGE SERVICES is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
City First Mortgage Services 's average 30 year fixed rate mortgage of loans were
3.3%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.15%.
Relative Fees
City First Mortgage Services 's average total fees for a 30 year fixed rate
mortgage are $6,552.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| 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.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average 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 the 2021 period, City First Mortgage Services 's most frequently originated loan type of loans were Conventional, with 1,511 originations. Their 2nd most popular type is FHA, with 420 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average 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 the 2021, City First Mortgage Services 's most frequently cited loan purpose of loans were Home Purchase, with 1,217 originations. The 2nd most popular reason of loans were 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 the 2021, City First Mortgage Services 's most frequently cited loan length of loans were 30 Year, with 1,919 originations. The 2nd most popular length of loans were 15 Year, with 88 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 1,030 | $280,300,000 | $272,136 |
| $2k-3k | 408 | $100,020,000 | $245,147 |
| $3k-4k | 360 | $89,340,000 | $248,167 |
| $5k+ | 172 | $60,350,000 | $350,872 |
| $<1k | 81 | $20,815,000 | $256,975 |
$6,552 of loans were City First Mortgage Services 's average total fees, while their most frequently occuring range of origination fees 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 of loans were 3.30%, while their most frequently originated rate bucket of loans were 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 | 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 applications95.97%
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 origination66.57%
City First Mortgage Services 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 | 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% |
