Sirva Mortgage Interest Rate and Cost Review

Is Sirva Mortgage a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by Sirva Mortgage to those of other lenders for a comparable set of borrowers. Here is our review of Sirva Mortgage nationally:

Review ItemSirva Mortgage
Interest Ratesimilar to other lenders (-0.05%)
Loan Related Closing Costslower than other lenders (-$308)
National Rate and Closing Cost Star Rating(4)

On average, Sirva Mortgage’s interest rates were similar to those of other lenders (-0.05%). On the other hand, its loan related closing costs were lower than those of other lenders, with a difference of -$308. Overall, combining interest rates and closing costs we estimate that Sirva Mortgage tends to be an average cost lender, and give it a National Rate and Closing Costs Rating of 4 out of 5 stars.

We maintain our independence by not accepting any money from the mortgage lenders we review. To visit Sirva Mortgage, check out its website at:

Sirva Mortgage’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. For our list of the top mortgage lenders by city, click here. In particular, among the cities we track Sirva Mortgage was most active in:

  1. Phoenix, AZ
  2. Albuquerque, NM
  3. Houston, TX
  4. Charlotte, NC
  5. Minneapolis, MN

In addition, Sirva Mortgage is our top ranked/best mortgage lender in terms of interest rate and closing costs in:

Sirva Mortgage’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Sirva Mortgage originated Conforming, FHA, Jumbo and VA mortgages for new home purchases and refinances. Its average interest rate and total loan related closing cost difference relative to other lenders by mortgages type is as follows.

New Purchase MortgagesConformingFHAJumboVA
Interest Rate Difference-0.06%-0.02%+0.00%-0.02%
Loan Related Closing Cost Difference-$377-$43-$73-$44
Cost Adjusted Rate Difference-0.08%-0.02%-0.00%-0.02%
National Star Rating(4)(3.5)(3.5)(3.5)
Refinance MortgagesConformingFHAJumboVA
Interest Rate Difference-0.03%-0.00%+0.01%-0.01%
Loan Related Closing Cost Difference-$82-$33-$30-$31
Cost Adjusted Rate Difference-0.03%-0.00%+0.00%-0.01%
Average Star Rating(3.5)(3.5)(3.5)(3.5)

As a summary, Sirva Mortgage is cheap for Conforming purchase mortgages. It is similar to other lenders for FHA, Jumbo and VA purchase mortgages. For refinancing, Sirva Mortgage is similar to other lenders for Conforming, FHA, Jumbo and VA mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about Sirva Mortgage:

Registered name: Sirva Mortgage Inc
Registered city and state: Independence, OH, 44131
Regulator: United States Department of Housing and Urban Development (HUD)

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for Sirva Mortgage’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.