CityWorth Mortgage Reviews

CityWorth Mortgage, LLC (NMLS #925476) was established in 2012 and is headquartered in Fairfax, Virginia. It’s currently licensed to originate loans in Florida, Georgia, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.

It offers a mix of conventional and government-backed loans for home purchase and refinance and may do business as CityWorth Loans in some cases. The company emphasizes a guided experience that can include matching you with a loan officer and, in some cases, a related real estate professional.

CityWorth Mortgage offers a short online form or phone-based intake to begin the loan process. You choose the loan purpose (purchase or refinance), share details about the property type and your finances and indicate whether you’re ready to buy now or later. You’ll then connect with a loan officer to review options.

Steps to apply with CityWorth Mortgage

1. Click “Apply” at the top of CityWorth Mortgage’s site.
2. Choose your loan type (purchase or refinance).
3. Select your property type and how you plan to use it.
4. Answer questions about your estimated credit score, income and assets.
5. Provide contact information to match with a loan officer.
6. Review required disclosures and consent to be contacted.
7. Submit your information to start the prequalification or application.

After you submit your information, a loan officer (and, if applicable, a CityWorth Homes real estate agent) will typically follow up by phone or email to gather documentation, discuss loan options and walk you through next steps.

CityWorth Mortgage application features

CityWorth Mortgage doesn’t publish sample mortgage rates on its website. Your rate depends on factors like your credit profile, down payment, property type and loan product.

While you cannot compare live rates on the site, CityWorth offers several self-service mortgage calculators to help estimate payments, explore refinance scenarios and understand how changes in rate or term could affect your costs. These tools include a refinance calculator, an annual percentage rate estimator, a needed income calculator and more.

These tools are for illustration only and do not represent a loan offer, so you’ll need to speak with a CityWorth Mortgage loan officer or complete an application to get a personalized quote.

CityWorth Mortgage lists a variety of common mortgage programs it offers, including:

• Conventional loans: Fixed- and adjustable-rate options for qualifying borrowers, typically suited for borrowers with stronger credit and stable income.
• FHA loans: Government-backed loans with more flexible credit and down payment guidelines that may suit first-time buyers.
• VA loans: For eligible veterans, active-duty service members and some surviving spouses, often with no down payment, no mortgage insurance and capped closing costs.
• Jumbo loans: A mortgage used to finance a property over the maximum amount for a conforming loan ($766,550 in most counties).
• Refinance loans: Options to refinance your existing mortgage to change your rate, term or loan type.
• Debt consolidation loans: Solutions for rolling your other high-interest debt into your mortgage payment, sometimes up to a high percentage of your home’s value.

CityWorth Mortgage doesn't publish detailed minimum credit scores, down payment thresholds or maximum debt-to-income (DTI) ratios for the loan types on its website. Instead, it notes that eligibility depends on the loan program, your credit profile and other underwriting factors and invites borrowers to speak directly with a licensed loan officer.

As a general guideline, conventional, FHA and VA loans each have their own baseline requirements set by investors and regulators. CityWorth must confirm income, assets and property details before approving a loan. For the most accurate picture of what you qualify for, you’ll need to complete a prequalification or full application.

CityWorth Mortgage doesn’t list standard fees or closing costs online. Based on available information:

• FHA and VA loans: May include funding fees or mortgage insurance premiums.
• VA borrowers: May be exempt from the VA funding fee if receiving disability compensation.
• FHA streamline refinances: Can be structured with no upfront costs by accepting a slightly higher interest rate.
• Conventional loans: Typically require private mortgage insurance if the down payment is less than 20%, which can be removed once the loan-to-value ratio drops below 78%.

CityWorth notes that certain debt consolidation or refinance programs can help you restructure higher-interest debt and may help reduce your monthly payments, but specific savings and costs depend on your chosen loan and personal situation. You’ll receive an estimate after you apply that outlines the projected fees and closing costs for your specific loan.