Cnb Bank Mortgage Rates, Fees & Info

Clearfield, PA

LEI: 549300NBFK4GO76FTE84

Tax ID: 25-0422340

5 stars - Updated: 7/11/24 - out of 5 stars, based on 41 reviews

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

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Mortgage Data

Review & Overview

Cnb Bank is a smaller bank specializing in Home Purchase and Refi loans. Cnb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Cleveland, Buffalo, Erie, Dubois, and Roanoke among others. We have data for 77 markets. (Some data included below & more in-depth data is available with an active subscription.)

Cnb Bank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Cnb Bank is typically a low 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 relatively high 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
Home Equity Line of Credit (HELOC) 5.66% 7/11/24
30 Year Conventional Purchase 6.45% 7/11/24
30 Year Conventional Refi 6.34% 7/11/24
30 Year Cash-out Refi 6.46% 7/11/24
15 Year Conventional Purchase 6.17% 7/11/24
15 Year Conventional Refi 6.07% 7/11/24
15 Year Cash-out Refi 6.07% 7/11/24
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.

Cnb Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Cnb Bank. 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

1,678

Origination Dollar Volume (All Markets)

$498,570,000
Show all (9) awards

Relative Rate

Cnb Bank's average 30 year fixed mortgage rate was 7.67%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 1.19%.

Relative Fees (Closing Costs)

Cnb Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $4,173.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 53 $205,335,000 $3,874,245 $2,340 7.26%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 280 $54,190,000 $193,536 $3,273 7.78%
ERIE, PA (FHA|USDA|VA) 144 $33,380,000 $231,806 $3,313 7.51%
DuBois, PA (FHA|USDA|VA) 329 $32,005,000 $97,280 $1,644 7.14%
ROANOKE, VA (FHA|USDA|VA) 96 $25,000,000 $260,417 $3,545 7.17%
COLUMBUS, OH (FHA|USDA|VA) 78 $14,450,000 $185,256 $2,102 7.56%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $12,005,000 $12,005,000 $0 8.50%
LYNCHBURG, VA (FHA|USDA|VA) 28 $11,770,000 $420,357 $4,337 7.01%
St. Marys, PA (FHA|USDA|VA) 95 $10,165,000 $107,000 $1,922 7.29%
STATE COLLEGE, PA (FHA|USDA|VA) 58 $10,160,000 $175,172 $2,526 7.19%
Meadville, PA (FHA|USDA|VA) 85 $8,725,000 $102,647 $2,602 7.38%
Bradford, PA (FHA|USDA|VA) 60 $7,310,000 $121,833 $1,671 7.13%
Outside of Metro Areas 43 $5,975,000 $138,953 $3,090 7.51%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 3 $5,875,000 $1,958,333 $2,821 6.13%
Warren, PA (FHA|USDA|VA) 57 $5,445,000 $95,526 $2,007 7.42%
Indiana, PA (FHA|USDA|VA) 35 $5,305,000 $151,571 $3,409 7.55%
MANSFIELD, OH (FHA|USDA|VA) 7 $3,925,000 $560,714 $1,805 7.38%
Marion, OH (FHA|USDA|VA) 11 $2,765,000 $251,364 $3,057 6.36%
Olean, NY (FHA|USDA|VA) 12 $2,650,000 $220,833 $4,330 7.20%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 5 $2,535,000 $507,000 $5,020 6.85%
JOHNSTOWN, PA (FHA|USDA|VA) 27 $2,475,000 $91,667 $1,818 7.44%
Key West, FL (FHA|USDA|VA) 3 $1,965,000 $655,000 $7,329 7.29%
ALTOONA, PA (FHA|USDA|VA) 27 $1,805,000 $66,852 $1,309 7.44%
Danville, VA (FHA|USDA|VA) 4 $1,750,000 $437,500 $7,850 7.13%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,680,000 $280,000 $3,558 6.67%
Mount Vernon, OH (FHA|USDA|VA) 12 $1,660,000 $138,333 $1,693 7.06%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 3 $1,365,000 $455,000 $0 6.78%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $1,360,000 $680,000 $9,489 6.44%
PITTSBURGH, PA (FHA|USDA|VA) 8 $1,360,000 $170,000 $2,421 7.58%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $1,325,000 $441,667 $0 7.92%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $1,285,000 $428,333 $4,614 6.58%
ASHEVILLE, NC (FHA|USDA|VA) 2 $1,270,000 $635,000 $4,817 7.56%
Bucyrus-Galion, OH (FHA|USDA|VA) 14 $1,260,000 $90,000 $1,411 7.62%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $1,245,000 $415,000 $3,251 7.92%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 9 $1,235,000 $137,222 $3,100 7.33%
Ashtabula, OH (FHA|USDA|VA) 8 $1,180,000 $147,500 $2,560 7.42%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $990,000 $495,000 $7,613 6.19%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $975,000 $975,000 $0 8.25%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $920,000 $460,000 $5,589 7.19%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $905,000 $905,000 $5,581 5.38%
Batavia, NY (FHA|USDA|VA) 5 $835,000 $167,000 $0 7.75%
Huntingdon, PA (FHA|USDA|VA) 3 $715,000 $238,333 $6,368 7.19%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $620,000 $310,000 $537 7.62%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $610,000 $305,000 $4,239 7.19%
Oil City, PA (FHA|USDA|VA) 5 $595,000 $119,000 $2,267 6.30%
ROCHESTER, NY (FHA|USDA|VA) 3 $565,000 $188,333 $4,518 7.54%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $550,000 $275,000 $0 6.87%
Somerset, PA (FHA|USDA|VA) 3 $545,000 $181,667 $0 7.58%
AKRON, OH (FHA|USDA|VA) 2 $540,000 $270,000 $526 6.87%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $505,000 $505,000 $0 7.75%
Lewisburg, PA (FHA|USDA|VA) 1 $495,000 $495,000 $0 8.00%
PANAMA CITY, FL (FHA|USDA|VA) 1 $495,000 $495,000 $0 6.42%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $375,000 $375,000 $0 7.38%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $355,000 $355,000 $0 6.50%
Brainerd, MN (FHA|USDA|VA) 1 $345,000 $345,000 $0 8.00%
SYRACUSE, NY (FHA|USDA|VA) 1 $335,000 $335,000 $4,805 5.63%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $315,000 $315,000 $3,430 5.25%
Martinsville, VA (FHA|USDA|VA) 3 $285,000 $95,000 $1,226 7.33%
St. Marys, GA (FHA|USDA|VA) 1 $255,000 $255,000 $0 7.75%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $255,000 $255,000 $0 7.25%
MORRISTOWN, TN (FHA|USDA|VA) 1 $215,000 $215,000 $2,883 5.38%
GAINESVILLE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $0 8.38%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $205,000 $205,000 $2,421 5.75%
SUMTER, SC (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.25%
LOUISVILLE, KY (FHA|USDA|VA) 1 $145,000 $145,000 $3,216 5.88%
Washington Court House, OH (FHA|USDA|VA) 2 $130,000 $65,000 $0 7.49%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,725 6.50%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.75%
Chillicothe, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.75%
Elizabeth City, NC (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.00%
Lock Haven, PA (FHA|USDA|VA) 1 $105,000 $105,000 $3,413 6.63%
Aberdeen, SD (FHA|USDA|VA) 1 $95,000 $95,000 $2,786 6.63%
FLINT, MI (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.00%
MADERA, CA (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.50%
Selinsgrove, PA (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.75%
Lewistown, PA (FHA|USDA|VA) 1 $35,000 $35,000 $395 7.99%
Cnb Bank's top markets include Cleveland, Buffalo, Erie, Dubois, and Roanoke among others.

Their top states include:
  • Ohio (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 966 $388,730,000 $402,412 $2,391 6.89%
    HELOC 712 $109,840,000 $154,270 n/a 8.01%

    For 2023, Cnb Bank's most frequently originated type of loan was Conventional, with 966 originations. Their 2nd most popular type was HELOC, with 712 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 620 $172,840,000 $278,774 $3,842 6.99%
    Home Improvement 525 $53,395,000 $101,705 $471 7.59%
    Other 275 $36,495,000 $132,709 $556 7.74%
    Refi 255 $235,205,000 $922,373 $906 7.40%
    Cash Out Refi 3 $635,000 $211,667 $6,093 6.58%

    For 2023, Cnb Bank's most frequently cited loan purpose was Home Purchase, with 620 originations. The 2nd most popular reason was Home Improvement, with 525 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 926 $171,260,000 $184,946 $4,173 7.67%
    15 Year 242 $21,370,000 $88,306 $764 6.83%
    20 Year 146 $16,810,000 $115,137 $1,794 7.32%
    10 Year 135 $215,955,000 $1,599,667 $450 7.20%
    Other 85 $22,975,000 $270,294 $3,136 7.03%
    30+ year 69 $31,715,000 $459,638 $5,568 6.34%
    5 Year 56 $13,640,000 $243,571 $401 6.52%
    1 Year 17 $2,675,000 $157,353 $0 8.37%
    3 Year 2 $2,170,000 $1,085,000 $0 8.63%

    For 2023, Cnb Bank's most frequently cited loan duration was 30 Year, with 926 originations. The 2nd most popular length was 15 Year, with 242 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 682 $88,160,000 $129,267
    $1k-2k 97 $45,805,000 $472,216
    $2k-3k 16 $3,110,000 $194,375
    $3k-4k 9 $2,575,000 $286,111
    $5k+ 1 $225,000 $225,000

    Cnb Bank's average total fees were $4,173, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 682 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    7-8% 634 $106,580,000 $168,107
    Over 8% 417 $64,865,000 $155,552
    6-7% 343 $265,655,000 $774,504
    5-6% 278 $59,890,000 $215,432
    4-5% 6 $1,580,000 $263,333

    During 2023, Cnb Bank's average interest rate for loans was 7.67%, while their most frequently originated rate bucket for loans was 7-8%, with 634 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 806 $42,250,000 $52,419 $1,049 7.50%
    $100k-200k 400 $55,590,000 $138,975 $2,732 7.40%
    $200k-400k 323 $84,995,000 $263,142 $3,937 7.20%
    $400k-600k 79 $37,465,000 $474,241 $5,045 6.95%
    $600k-1MM 44 $32,580,000 $740,455 $6,040 6.72%
    $1MM+ 26 $245,690,000 $9,449,615 $8,376 6.84%

    2023 saw Cnb Bank place emphasis on $100,000 or less loans with 806 originations, totaling $42,250,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 332 $44,940,000 $135,361 $2,034 7.40%
    $50k-75k 290 $25,110,000 $86,586 $1,994 7.34%
    $150k-250k 266 $53,390,000 $200,714 $2,937 7.34%
    $75k-100k 238 $26,540,000 $111,513 $1,915 7.47%
    $250k+ 209 $85,535,000 $409,258 $4,864 7.06%
    $50k or less 185 $12,305,000 $66,514 $1,766 7.37%

    Cnb Bank lent most frequently to those with incomes in the $100k-150k range, with 332 originations. The second most popular income band? $50k-75k, with 290 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 420 $64,180,000 $152,810 $2,383 7.34%
    30-36% 266 $42,090,000 $158,233 $2,543 7.28%
    <20% 241 $38,795,000 $160,975 $1,804 7.19%
    44% 78 $10,340,000 $132,564 $1,503 7.51%
    41% 67 $10,145,000 $151,418 $2,515 7.52%
    43% 66 $15,390,000 $233,182 $2,601 7.49%
    42% 59 $9,805,000 $166,186 $2,594 7.56%
    37% 54 $9,510,000 $176,111 $2,802 7.00%
    36% 50 $8,280,000 $165,600 $2,613 7.22%
    39% 45 $10,065,000 $223,667 $3,622 7.05%
    38% 45 $9,885,000 $219,667 $2,966 7.29%
    40% 40 $5,970,000 $149,250 $2,227 7.68%
    45% 12 $2,910,000 $242,500 $3,835 7.56%
    46% 8 $1,560,000 $195,000 $2,793 7.26%
    48% 6 $1,210,000 $201,667 $1,576 7.71%
    50-60% 4 $840,000 $210,000 $0 7.15%
    47% 3 $765,000 $255,000 $3,465 7.08%
    49% 3 $945,000 $315,000 $3,191 6.13%

    Cnb Bank lent most frequently to those with DTI ratios of 20-30%, with 420 originations. The next most common DTI ratio? 30-36%, with 266 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 104 $242,900,000 $2,335,577 $0 7.61%
    White 1,450 $230,050,000 $158,655 $2,333 7.34%
    Not provided 94 $19,570,000 $208,191 $3,160 7.40%
    Asian 11 $2,745,000 $249,545 $6,557 7.81%
    Black 16 $1,890,000 $118,125 $2,163 7.52%
    American Indian 2 $1,010,000 $505,000 $3,028 5.43%
    Other Asian 1 $405,000 $405,000 $0 8.00%

    Approval Rates

    Total approvals of all applications
    85.91%

    Cnb Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.42%

    Cnb Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    100.0 3 $215,000 $71,667
    NA 1,675 $498,355,000 $297,525

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,678 $498,570,000 $297,122

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 429 $44,875,000 $104,604 $663 7.65%
    40-60% 240 $63,720,000 $265,500 $1,710 7.43%
    60-80% 341 $89,185,000 $261,540 $3,425 7.23%
    80-100% 381 $98,445,000 $258,386 $3,635 7.01%
    Over 100% 1 $187,005,000 $187,005,000 $0 6.50%
    Under 20% 285 $15,285,000 $53,632 $516 7.50%