Cnb Bank Mortgage Rates, Fees & Info

Berkeley Springs, WV

LEI: 254900EDYO1UYWLWP146

Tax ID: 55-0143757

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Cnb Bank is a smaller bank specializing in Home Purchase loans. Cnb Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Hagerstown, Chambersburg, Washington, Winchester, and Nashville among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

Cnb 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.

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Originations

226

Origination Dollar Volume (All Markets)

$69,400,000

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
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 164 $45,130,000 $275,183 $0 0.00%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 21 $8,685,000 $413,571 $0 0.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 9 $3,525,000 $391,667 $0 0.00%
Outside of Metro Areas 10 $3,230,000 $323,000 $0 0.00%
WINCHESTER, VA-WV (FHA|USDA|VA) 5 $1,845,000 $369,000 $0 0.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $1,465,000 $1,465,000 $0 0.00%
MORGANTOWN, WV (FHA|USDA|VA) 1 $1,185,000 $1,185,000 $0 0.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $765,000 $765,000 $0 0.00%
GETTYSBURG, PA (FHA|USDA|VA) 2 $660,000 $330,000 $0 0.00%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 3 $565,000 $188,333 $0 0.00%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $535,000 $535,000 $0 0.00%
CUMBERLAND, MD-WV (FHA|USDA|VA) 3 $455,000 $151,667 $0 0.00%
READING, PA (FHA|USDA|VA) 1 $385,000 $385,000 $0 0.00%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $370,000 $185,000 $0 0.00%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
Cnb Bank's top markets include Hagerstown, Chambersburg, Washington, Winchester, and Nashville among others.

Their top states include:
  • West Virginia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against CNB Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Community State Bank of Orbisonia
    Similarity Rank: 30
    PATRIOT
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    ACNB Bank
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    Mid-Atlantic Federal Credit Union
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    Homesale Mortgage, LLC
    Similarity Rank: 440
    Orrstown Bank
    Similarity Rank: 522
    IDB Global Federal Credit Union
    Similarity Rank: 816
    EDUCATIONAL SYSTEMS
    Similarity Rank: 960
    FEDERATED MORTGAGE CORP.
    Similarity Rank: 1221

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 216 $66,260,000 $306,759 $0 0.00%
    VA 6 $2,170,000 $361,667 $0 0.00%
    USDA 4 $970,000 $242,500 $0 0.00%

    For 2024, Cnb Bank's most frequently originated type of loan was Conventional, with 216 originations. Their 2nd most popular type was VA, with 6 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 172 $61,420,000 $357,093 $0 0.00%
    Home Improvement 20 $1,870,000 $93,500 $0 0.00%
    Refi 20 $4,640,000 $232,000 $0 0.00%
    Other 14 $1,470,000 $105,000 $0 0.00%

    For 2024, Cnb Bank's most frequently cited loan purpose was Home Purchase, with 172 originations. The 2nd most popular reason was Home Improvement, with 20 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 226 $69,400,000 $307,080 $0 0.00%

    For 2024, Cnb Bank's most frequently cited loan duration was Other, with 226 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 105 $30,105,000 $286,714 $0 0.00%
    $100k-200k 36 $5,460,000 $151,667 $0 0.00%
    $100,000 or less 35 $1,745,000 $49,857 $0 0.00%
    $400k-600k 27 $12,945,000 $479,444 $0 0.00%
    $600k-1MM 21 $16,495,000 $785,476 $0 0.00%
    $1MM+ 2 $2,650,000 $1,325,000 $0 0.00%

    2024 saw Cnb Bank place emphasis on $200k-400k loans with 105 originations, totaling $30,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 49 $15,075,000 $307,653 $0 0.00%
    $150k-250k 47 $16,065,000 $341,809 $0 0.00%
    $75k-100k 37 $8,635,000 $233,378 $0 0.00%
    $50k-75k 33 $5,675,000 $171,970 $0 0.00%
    $250k+ 27 $17,135,000 $634,630 $0 0.00%
    $50k or less 18 $1,730,000 $96,111 $0 0.00%

    Cnb Bank lent most frequently to those with incomes in the $100k-150k range, with 49 originations. The second most popular income band? $150k-250k, with 47 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 226 $69,400,000 $307,080 $0 0.00%

    Cnb Bank lent most frequently to those with DTI ratios of Exempt%, with 226 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 203 $62,515,000 $307,956 $0 0.00%
    Not applicable 11 $4,325,000 $393,182 $0 0.00%
    Not provided 9 $1,905,000 $211,667 $0 0.00%
    Black 1 $255,000 $255,000 $0 0.00%
    Native Hawaiian or Islander 1 $245,000 $245,000 $0 0.00%
    Asian 1 $155,000 $155,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.94%

    Cnb Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.71%

    Cnb Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 226 $69,400,000 $307,080

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    226 $69,400,000 $307,080