Global Bank Mortgage Rates, Fees & Info
New York, NYLEI: 5493004N6GEASXJ2A896
Tax ID: 20-5187849
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Global Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Global Bank has a high proportion of conventional loans. Their top (well, only) market is New York.Global Bank has an average approval rate when compared to the average across all lenders. They have a below 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.
Originations
14Origination Dollar Volume (All Markets)
$12,310,000Top 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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 14 | $12,310,000 | $879,286 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 14 | $12,310,000 | $879,286 | $0 | 0.00% |
For 2023, Global Bank's most frequently originated type of loan was Conventional, with 14 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 11 | $7,255,000 | $659,545 | $0 | 0.00% |
| Cash Out Refi | 3 | $5,055,000 | $1,685,000 | $0 | 0.00% |
For 2023, Global Bank's most frequently cited loan purpose was Home Purchase, with 11 originations. The 2nd most popular reason was Cash Out Refi, with 3 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 14 | $12,310,000 | $879,286 | $0 | 0.00% |
For 2023, Global Bank's most frequently cited loan duration was Other, with 14 originations.
Loan Sizing
2023 saw Global Bank place emphasis on $400k-600k loans with 7 originations, totaling $3,395,000 in origination value.
Applicant Income
Global Bank lent most frequently to those with incomes in the $100k-150k range, with 4 originations. The second most popular income band? $150k-250k, with 4 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 14 | $12,310,000 | $879,286 | $0 | 0.00% |
Global Bank lent most frequently to those with DTI ratios of Exempt%, with 14 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Asian | 11 | $7,075,000 | $643,182 | $0 | 0.00% |
| Not applicable | 3 | $5,235,000 | $1,745,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications79.17%
Global Bank has a below average approval rate.
Pick Rate
Approvals leading to origination71.43%
Global Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 14 | $12,310,000 | $879,286 |