Cfsbank Mortgage Rates, Fees & InfoCharleroi, PA
Tax ID: 25-0400413
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCfsbank is a smaller bank specializing in Home Purchase and Refi loans. Cfsbank has a high proportion of conventional loans. Their top markets by origination volume include: Pittsburgh, New Castle, Youngstown, Meadville, and Somerset among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)
Cfsbank 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.
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Origination Dollar Volume (All Markets)$83,695,000
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|
|PITTSBURGH, PA (FHA|USDA|VA)||332||$80,060,000||$241,145||$0||0.00%|
|New Castle, PA (FHA|USDA|VA)||3||$1,125,000||$375,000||$0||0.00%|
|YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA)||1||$985,000||$985,000||$0||0.00%|
|Meadville, PA (FHA|USDA|VA)||1||$425,000||$425,000||$0||0.00%|
|Somerset, PA (FHA|USDA|VA)||3||$415,000||$138,333||$0||0.00%|
|Outside of Metro Areas||2||$290,000||$145,000||$0||0.00%|
|Lock Haven, PA (FHA|USDA|VA)||1||$215,000||$215,000||$0||0.00%|
|READING, PA (FHA|USDA|VA)||1||$95,000||$95,000||$0||0.00%|
|Indiana, PA (FHA|USDA|VA)||1||$85,000||$85,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Cfsbank's most frequently originated type of loan was Conventional, with 345 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Cfsbank's most frequently cited loan purpose was Home Purchase, with 161 originations. The 2nd most popular reason was Refi, with 116 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Cfsbank's most frequently cited loan duration was Other, with 345 originations.
2022 saw Cfsbank place emphasis on $100,000 or less loans with 111 originations, totaling $5,915,000 in origination value.
Cfsbank lent most frequently to those with incomes in the $100k-150k range, with 56 originations. The second most popular income band? $150k-250k, with 55 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Cfsbank lent most frequently to those with DTI ratios of Exempt%, with 345 originations.
Approval RatesTotal approvals of all applications
Cfsbank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Cfsbank has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|