Cross River Bank Mortgage Rates, Fees & InfoTeaneck, NJ
Tax ID: 26-1942598
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCross River Bank is a smaller bank specializing in Refi and Home Purchase loans. Cross River Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, College Station, Miami, Hartford, and Torrington among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)
Cross River Bank 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.
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Origination Dollar Volume (All Markets)$238,005,000
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|
|New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)||33||$202,335,000||$6,131,364||$0||0.00%|
|COLLEGE STATION-BRYAN, TX (FHA|USDA|VA)||1||$31,605,000||$31,605,000||$0||0.00%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||1||$2,705,000||$2,705,000||$0||0.00%|
|HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA)||1||$755,000||$755,000||$0||0.00%|
|Torrington, CT (FHA|USDA|VA)||1||$605,000||$605,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Cross River Bank's most frequently originated type of loan was Conventional, with 37 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Cross River Bank's most frequently cited loan purpose was Refi, with 31 originations. The 2nd most popular reason was Home Purchase, with 6 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Cross River Bank's most frequently cited loan duration was Other, with 37 originations.
|Loan Size||Originations||Total Value||Average Loan||Average Fees||Average Rate|
2022 saw Cross River Bank place emphasis on $1MM+ loans with 24 originations, totaling $229,100,000 in origination value.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
|Applicant Ethnicity||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Approval RatesTotal approvals of all applications
Cross River 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
Cross River Bank has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|