Chain Bridge Bank Mortgage Rates, Fees & InfoMclean, VA
Tax ID: 20-8219870
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewChain Bridge Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Chain Bridge Bank has a high proportion of conventional loans. Their top markets by origination volume include: Washington, Heber, Easton, Miami, and North Port among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)
Chain Bridge Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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.
Origination Dollar Volume (All Markets)$60,230,000
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|
|Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)||52||$46,350,000||$891,346||$0||0.00%|
|Heber, UT (FHA|USDA|VA)||1||$2,005,000||$2,005,000||$0||0.00%|
|Easton, MD (FHA|USDA|VA)||2||$1,910,000||$955,000||$0||0.00%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||2||$1,560,000||$780,000||$0||0.00%|
|North Port-Sarasota-Bradenton, FL (FHA|USDA|VA)||1||$1,485,000||$1,485,000||$0||0.00%|
|New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)||2||$1,420,000||$710,000||$0||0.00%|
|SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)||1||$875,000||$875,000||$0||0.00%|
|BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA)||1||$745,000||$745,000||$0||0.00%|
|Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)||1||$715,000||$715,000||$0||0.00%|
|Outside of Metro Areas||2||$660,000||$330,000||$0||0.00%|
|Breckenridge, CO (FHA|USDA|VA)||1||$645,000||$645,000||$0||0.00%|
|Kalispell, MT (FHA|USDA|VA)||1||$475,000||$475,000||$0||0.00%|
|Sebastian-Vero Beach, FL (FHA|USDA|VA)||1||$465,000||$465,000||$0||0.00%|
|RICHMOND, VA (FHA|USDA|VA)||2||$460,000||$230,000||$0||0.00%|
|CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA)||1||$355,000||$355,000||$0||0.00%|
|LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA)||1||$105,000||$105,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Chain Bridge Bank's most frequently originated type of loan was Conventional, with 72 originations.
For 2022, Chain Bridge Bank's most frequently cited loan purpose was Home Purchase, with 35 originations. The 2nd most popular reason was Cash Out Refi, with 15 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Chain Bridge Bank's most frequently cited loan duration was Other, with 72 originations.
2022 saw Chain Bridge Bank place emphasis on $400k-600k loans with 20 originations, totaling $10,000,000 in origination value.
Chain Bridge Bank lent most frequently to those with incomes in the $250k+ range, with 54 originations. The second most popular income band? $150k-250k, with 8 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Chain Bridge Bank lent most frequently to those with DTI ratios of Exempt%, with 72 originations.
Approval RatesTotal approvals of all applications
Chain Bridge Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Chain Bridge Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
|Points||Originations||Total Value||Average Loan|