Community West Bank Mortgage Rates, Fees & InfoGoleta, CA
Tax ID: 77-0194455
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCommunity West Bank is a smaller bank specializing in Home Purchase loans. Community West Bank has a high proportion of conventional loans. Their top markets by origination volume include: Santa Maria, San Jose, Oxnard, Los Angeles, and San Diego among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)
Community West 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.
Origination Dollar Volume (All Markets)$66,790,000
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|
|SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA)||68||$16,620,000||$244,412||$0||0.00%|
|SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA)||58||$13,480,000||$232,414||$0||0.00%|
|OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA)||66||$13,380,000||$202,727||$0||0.00%|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||37||$12,365,000||$334,189||$0||0.00%|
|SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)||27||$4,815,000||$178,333||$0||0.00%|
|SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA)||15||$3,275,000||$218,333||$0||0.00%|
|SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA)||8||$2,110,000||$263,750||$0||0.00%|
|San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA)||5||$745,000||$149,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Community West Bank's most frequently originated type of loan was Conventional, with 284 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||29||$5,555,000||$191,552||$0||0.00%|
For 2022, Community West Bank's most frequently cited loan purpose was Home Purchase, with 225 originations. The 2nd most popular reason was Refi, with 30 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Community West Bank's most frequently cited loan duration was Other, with 284 originations.
2022 saw Community West Bank place emphasis on $200k-400k loans with 137 originations, totaling $37,365,000 in origination value.
Community West Bank lent most frequently to those with incomes in the $100k-150k range, with 76 originations. The second most popular income band? $50k-75k, with 64 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Community West Bank lent most frequently to those with DTI ratios of Exempt%, with 284 originations.
Approval RatesTotal approvals of all applications
Community West Bank has a below average approval rate.
Pick RateApprovals leading to origination
Community West Bank 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|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC)||FHA mortgage||Struggling to pay mortgage||2||66.7%|
|Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC)||Other type of mortgage||Trouble during payment process||1||33.3%|