City First Mortgage Services Rates, Fees & Info
BOUNTIFUL, UTLEI: 549300YPBBHUEKV1YC68
Tax ID: 87-0515745
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Mortgage Data
Review & Overview
City First Mortgage Services is a smaller mortgage company specializing in Home Purchase 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: Houston, Austin, Milwaukee, Myrtle Beach, and Dallas among others. We have data for 116 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.16% | 4/28/24 |
| 30 Year Conventional Refi | 7.02% | 4/28/24 |
| 30 Year Cash-out Refi | 8.20% | 4/28/24 |
| 30 Year FHA Purchase | 7.91% | 4/28/24 |
| 30 Year FHA Refi | 7.55% | 4/28/24 |
| 30 Year VA Purchase | 6.69% | 4/28/24 |
| 30 Year VA Refi | 6.44% | 4/28/24 |
| 30 Year USDA Purchase | 6.93% | 4/28/24 |
| 15 Year Conventional Purchase | 6.68% | 4/28/24 |
| 15 Year Conventional Refi | 6.85% | 4/28/24 |
| 15 Year Cash-out Refi | 6.85% | 4/28/24 |
| 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. | ||
City First Mortgage Services Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,009Origination Dollar Volume (All Markets)
$274,075,000Awards
CITY FIRST MORTGAGE SERVICES - 2022
CITY FIRST MORTGAGE SERVICES is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 131 | $32,595,000 | $248,817 | $10,643 | 5.13% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 74 | $24,860,000 | $335,946 | $12,259 | 5.57% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 69 | $16,715,000 | $242,246 | $6,431 | 5.70% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 59 | $15,875,000 | $269,068 | $6,484 | 5.32% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 43 | $12,765,000 | $296,860 | $10,435 | 5.34% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 38 | $11,770,000 | $309,737 | $9,455 | 5.12% |
| LUBBOCK, TX (FHA|USDA|VA) | 53 | $11,435,000 | $215,755 | $7,950 | 5.37% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 29 | $11,355,000 | $391,552 | $8,005 | 5.12% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 31 | $10,885,000 | $351,129 | $8,262 | 5.24% |
| Outside of Metro Areas | 38 | $8,570,000 | $225,526 | $8,197 | 5.18% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 21 | $8,405,000 | $400,238 | $14,306 | 5.52% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 26 | $7,790,000 | $299,615 | $10,771 | 5.69% |
| ST. GEORGE, UT (FHA|USDA|VA) | 13 | $6,495,000 | $499,615 | $7,053 | 4.61% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 15 | $5,795,000 | $386,333 | $9,917 | 5.11% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 43 | $5,015,000 | $116,628 | $4,737 | 4.69% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 7 | $4,345,000 | $620,714 | $16,339 | 4.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 16 | $4,080,000 | $255,000 | $5,530 | 5.01% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 16 | $4,040,000 | $252,500 | $7,669 | 5.02% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 10 | $3,260,000 | $326,000 | $7,817 | 5.33% |
| MIDLAND, TX (FHA|USDA|VA) | 10 | $2,800,000 | $280,000 | $9,248 | 5.04% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 23 | $2,775,000 | $120,652 | $4,027 | 4.71% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 10 | $2,610,000 | $261,000 | $10,794 | 5.41% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 7 | $2,595,000 | $370,714 | $8,179 | 5.13% |
| RACINE, WI (FHA|USDA|VA) | 9 | $2,235,000 | $248,333 | $6,325 | 4.99% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 6 | $1,870,000 | $311,667 | $10,880 | 6.08% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 9 | $1,825,000 | $202,778 | $5,936 | 4.67% |
| PROVO-OREM, UT (FHA|USDA|VA) | 5 | $1,815,000 | $363,000 | $14,619 | 4.88% |
| Georgetown, SC (FHA|USDA|VA) | 5 | $1,705,000 | $341,000 | $6,079 | 4.53% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 6 | $1,600,000 | $266,667 | $12,130 | 6.21% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 6 | $1,480,000 | $246,667 | $11,733 | 6.31% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 5 | $1,475,000 | $295,000 | $8,322 | 4.93% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 3 | $1,425,000 | $475,000 | $5,190 | 4.71% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 6 | $1,400,000 | $233,333 | $7,904 | 4.15% |
| Elko, NV (FHA|USDA|VA) | 4 | $1,280,000 | $320,000 | $6,044 | 6.13% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 8 | $1,180,000 | $147,500 | $8,387 | 6.81% |
| TUCSON, AZ (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $12,883 | 4.47% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 5 | $1,085,000 | $217,000 | $6,361 | 6.28% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $1,050,000 | $525,000 | $9,072 | 6.38% |
| FLORENCE, SC (FHA|USDA|VA) | 6 | $1,050,000 | $175,000 | $9,786 | 5.44% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 5 | $1,035,000 | $207,000 | $6,833 | 5.10% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $6,534 | 6.19% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $3,677 | 4.83% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $950,000 | $475,000 | $11,413 | 4.56% |
| OCALA, FL (FHA|USDA|VA) | 5 | $945,000 | $189,000 | $5,864 | 5.23% |
| RENO, NV (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $10,211 | 6.44% |
| GOLDSBORO, NC (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $11,278 | 6.67% |
| LONGVIEW, TX (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $10,085 | 4.96% |
| AMES, IA (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $11,186 | 5.38% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $15,654 | 4.13% |
| Bozeman, MT (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $19,609 | 4.48% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 4 | $720,000 | $180,000 | $6,528 | 6.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $14,878 | 5.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $6,835 | 3.58% |
| Price, UT (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $4,989 | 4.69% |
| Payson, AZ (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $11,268 | 5.31% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $5,792 | 4.63% |
| COLUMBIA, SC (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $7,936 | 4.79% |
| Moses Lake, WA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $6,586 | 5.00% |
| Carroll, IA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $16,248 | 5.44% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $8,001 | 3.50% |
| YAKIMA, WA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $8,637 | 5.63% |
| MOBILE, AL (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $4,515 | 5.17% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $6,220 | 6.63% |
| Safford, AZ (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $9,056 | 5.38% |
| BOISE CITY, ID (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $11,218 | 6.38% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 5 | $505,000 | $101,000 | $4,426 | 4.83% |
| SHEBOYGAN, WI (FHA|USDA|VA) | 4 | $500,000 | $125,000 | $5,125 | 6.50% |
| FRESNO, CA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,978 | 4.63% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $7,290 | 5.88% |
| BILLINGS, MT (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $9,104 | 6.56% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $32,116 | 4.75% |
| Show Low, AZ (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $8,613 | 5.94% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $6,201 | 6.62% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $12,943 | 5.88% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,000 | 6.75% |
| Orangeburg, SC (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $5,702 | 4.38% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $13,303 | 6.00% |
| Levelland, TX (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $5,092 | 5.63% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $11,458 | 4.25% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $9,488 | 7.25% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $9,056 | 4.63% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $7,780 | 5.88% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $12,535 | 6.75% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $8,599 | 4.38% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $8,104 | 6.00% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,238 | 6.38% |
| TULSA, OK (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 6.38% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $6,961 | 3.63% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $11,584 | 6.00% |
| Rio Grande City-Roma, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $18,743 | 5.13% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $8,603 | 5.63% |
| Vernal, UT (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $6,478 | 5.88% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,430 | 5.25% |
| MERCED, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,475 | 7.63% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $5,029 | 4.63% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $12,639 | 5.63% |
| APPLETON, WI (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $4,804 | 5.50% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,270 | 3.38% |
| TYLER, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $16,543 | 4.50% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $12,683 | 5.50% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,466 | 6.63% |
| Muscatine, IA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,364 | 5.25% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,563 | 6.50% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $10,515 | 4.63% |
| Craig, CO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,075 | 4.25% |
| MADISON, WI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,599 | 6.50% |
| Fort Dodge, IA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,341 | 5.13% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,283 | 5.75% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,158 | 5.00% |
| Americus, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,066 | 7.13% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 7.13% |
| Lamesa, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 5.88% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,707 | 6.25% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,719 | 5.13% |
| Paris, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $7,483 | 4.00% |
| Vernon, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 5.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against CITY FIRST MORTGAGE SERVICES based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, City First Mortgage Services's most frequently originated type of loan was Conventional, with 668 originations. Their 2nd most popular type was FHA, with 268 originations.
Loan Reason
For 2022, City First Mortgage Services's most frequently cited loan purpose was Home Purchase, with 861 originations. The 2nd most popular reason was Refi, with 138 originations.
Loan Duration/Length
For 2022, City First Mortgage Services's most frequently cited loan duration was 30 Year, with 990 originations. The 2nd most popular length was 15 Year, with 13 originations.
Origination Fees/Closing Costs
City First Mortgage Services's average total fees were $8,995, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 298 originations.
Interest Rates
During 2022, City First Mortgage Services's average interest rate for loans was 5.29%, while their most frequently originated rate bucket for loans was 5-6%, with 342 originations.
Loan Sizing
2022 saw City First Mortgage Services place emphasis on $200k-400k loans with 542 originations, totaling $155,590,000 in origination value.
Applicant Income
City First Mortgage Services lent most frequently to those with incomes in the $75k-100k range, with 237 originations. The second most popular income band? $100k-150k, with 233 originations.
Applicant Debt to Income Ratio
City First Mortgage Services lent most frequently to those with DTI ratios of 30-36%, with 152 originations. The next most common DTI ratio? 20-30%, with 110 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.79%
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 origination63.73%
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 | 1,009 | $274,075,000 | $271,630 |