Ctbc Bank Corp. (usa) Mortgage Rates, Fees & Info

Los Angeles, CA

LEI: 5493005LWLLN6G3XQP35

Tax ID: 95-2368050

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Ctbc Bank Corp. (usa) is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Ctbc Bank Corp. (usa) has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, New York, Riverside, San Francisco, and San Jose among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ctbc Bank Corp. (usa) has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Ctbc Bank Corp. (usa) is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 5.99% 4/28/24
    30 Year Conventional Refi 5.97% 4/28/24
    30 Year Cash-out Refi 6.04% 4/28/24
    15 Year Conventional Purchase 6.10% 4/28/24
    15 Year Conventional Refi 6.32% 4/28/24
    15 Year Cash-out Refi 6.32% 4/28/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Ctbc Bank Corp. (usa) Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Ctbc Bank Corp. (usa). It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    668

    Origination Dollar Volume (All Markets)

    $614,910,000

    Awards

    CTBC Bank Corp. (USA) 30 Year Conventional Loans silver
    Show all (1) awards

    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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 329 $384,655,000 $1,169,164 $7,558 4.70%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 239 $161,465,000 $675,586 $10,777 4.37%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 58 $29,090,000 $501,552 $5,220 4.99%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 17 $15,815,000 $930,294 $6,604 4.38%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 10 $14,030,000 $1,403,000 $9,123 3.71%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 5 $5,565,000 $1,113,000 $5,971 4.23%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $1,290,000 $645,000 $7,250 5.19%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $915,000 $305,000 $3,835 4.29%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $605,000 $605,000 $5,456 6.13%
    SALINAS, CA (FHA|USDA|VA) 1 $545,000 $545,000 $0 5.63%
    NAPA, CA (FHA|USDA|VA) 1 $465,000 $465,000 $6,142 4.88%
    ROCHESTER, NY (FHA|USDA|VA) 1 $235,000 $235,000 $5,298 6.50%
    SYRACUSE, NY (FHA|USDA|VA) 1 $235,000 $235,000 $4,684 5.50%
    Ctbc Bank Corp. (usa)'s top markets include Los Angeles, New York, Riverside, San Francisco, and San Jose among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)

    • Similar Lenders

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

    RSI BANK
    Similarity Rank: 30
    Schuyler Savings Bank
    Similarity Rank: 51
    SAFEAMERICA CREDIT UNION
    Similarity Rank: 54
    North Jersey Federal Credit Union
    Similarity Rank: 124
    The First National Bank of Long Island
    Similarity Rank: 142
    N C P D Federal Credit Union
    Similarity Rank: 201
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 236
    Los Angeles Federal Credit Union
    Similarity Rank: 248
    1ST NORTHERN CALIFORNIA
    Similarity Rank: 429
    Nassau Educators Federal Credit Union
    Similarity Rank: 481

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 668 $614,910,000 $920,524 $8,788 4.59%

    For 2022, Ctbc Bank Corp. (usa)'s most frequently originated type of loan was Conventional, with 668 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 477 $378,745,000 $794,015 $9,556 4.69%
    Cash Out Refi 99 $162,745,000 $1,643,889 $7,297 4.30%
    Refi 44 $39,560,000 $899,091 $6,631 4.19%
    Other 43 $30,495,000 $709,186 $6,104 4.52%
    Home Improvement 5 $3,365,000 $673,000 $3,498 4.45%

    For 2022, Ctbc Bank Corp. (usa)'s most frequently cited loan purpose was Home Purchase, with 477 originations. The 2nd most popular reason was Cash Out Refi, with 99 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 637 $546,805,000 $858,407 $8,627 4.58%
    15 Year 18 $8,490,000 $471,667 $13,314 5.06%
    5 Year 6 $49,610,000 $8,268,333 $0 3.92%
    Other 4 $7,620,000 $1,905,000 $0 4.59%
    10 Year 2 $1,510,000 $755,000 $0 4.75%
    3 Year 1 $875,000 $875,000 $0 6.38%

    For 2022, Ctbc Bank Corp. (usa)'s most frequently cited loan duration was 30 Year, with 637 originations. The 2nd most popular length was 15 Year, with 18 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 277 $259,325,000 $936,191
    $5k+ 131 $92,885,000 $709,046
    $2k-3k 53 $28,935,000 $545,943
    $3k-4k 33 $27,945,000 $846,818
    $4k-5k 23 $19,725,000 $857,609
    $<1k 4 $2,570,000 $642,500

    Ctbc Bank Corp. (usa)'s average total fees were $8,627, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 277 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 245 $195,635,000 $798,510
    3-4% 217 $250,165,000 $1,152,834
    5-6% 155 $124,055,000 $800,355
    6-7% 44 $41,120,000 $934,545
    2.5-3% 7 $3,935,000 $562,143

    During 2022, Ctbc Bank Corp. (usa)'s average interest rate for loans was 4.58%, while their most frequently originated rate bucket for loans was 4-5%, with 245 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 193 $96,105,000 $497,953 $8,826 4.62%
    $600k-1MM 190 $147,880,000 $778,316 $8,850 4.60%
    $1MM+ 174 $334,520,000 $1,922,529 $10,007 4.48%
    $200k-400k 109 $36,095,000 $331,147 $7,181 4.67%
    $100k-200k 2 $310,000 $155,000 $3,523 5.69%

    2022 saw Ctbc Bank Corp. (usa) place emphasis on $400k-600k loans with 193 originations, totaling $96,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 100 $105,580,000 $1,055,800 $5,336 4.91%
    $100k-150k 72 $38,270,000 $531,528 $11,969 4.06%
    $150k-250k 52 $35,790,000 $688,269 $10,283 4.29%
    $75k-100k 50 $22,640,000 $452,800 $8,659 4.08%
    $50k-75k 4 $1,530,000 $382,500 $5,479 3.69%
    $50k or less 1 $1,495,000 $1,495,000 $6,518 4.13%

    Ctbc Bank Corp. (usa) lent most frequently to those with incomes in the $250k+ range, with 100 originations. The second most popular income band? $100k-150k, with 72 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 69 $52,205,000 $756,594 $10,814 4.66%
    30-36% 59 $40,935,000 $693,814 $10,842 4.40%
    <20% 30 $26,810,000 $893,667 $7,627 4.68%
    42% 16 $10,010,000 $625,625 $10,216 4.41%
    43% 14 $10,130,000 $723,571 $9,304 4.04%
    38% 13 $11,455,000 $881,154 $9,768 4.44%
    44% 13 $6,565,000 $505,000 $10,373 4.44%
    40% 13 $9,585,000 $737,308 $10,720 4.45%
    41% 13 $10,395,000 $799,615 $7,619 4.20%
    36% 12 $9,190,000 $765,833 $11,510 3.98%
    37% 8 $4,310,000 $538,750 $8,921 4.05%
    39% 6 $4,840,000 $806,667 $7,211 4.40%
    49% 4 $2,550,000 $637,500 $14,439 3.44%
    48% 2 $920,000 $460,000 $12,671 3.56%
    47% 2 $1,460,000 $730,000 $11,611 3.44%
    45% 2 $1,300,000 $650,000 $19,045 3.50%
    46% 1 $495,000 $495,000 $6,229 3.25%
    50-60% 1 $655,000 $655,000 $7,201 3.13%

    Ctbc Bank Corp. (usa) lent most frequently to those with DTI ratios of 20-30%, with 69 originations. The next most common DTI ratio? 30-36%, with 59 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 653 $554,075,000 $848,507 $8,779 4.60%
    Not applicable 9 $57,045,000 $6,338,333 $0 4.06%
    White 3 $1,895,000 $631,667 $4,845 4.58%
    Chinese 2 $990,000 $495,000 $12,814 4.44%
    Asian Indian 1 $905,000 $905,000 $17,563 4.38%

    Approval Rates

    Total approvals of all applications
    95.19%

    Ctbc Bank Corp. (usa) has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    66.47%

    Ctbc Bank Corp. (usa) has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 668 $614,910,000 $920,524

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    668 $614,910,000 $920,524

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 55 $34,915,000 $634,818 $7,669 4.57%
    40-60% 365 $382,575,000 $1,048,151 $8,887 4.65%
    60-80% 239 $192,485,000 $805,377 $9,062 4.51%
    80-100% 3 $2,285,000 $761,667 $6,141 3.17%
    Under 20% 6 $2,650,000 $441,667 $4,852 4.81%