Bcb Community Bank Mortgage Rates, Fees & Info

Bayonne, NJ

LEI: 549300RUVVJLHQM71O74

Tax ID: 22-3760320

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Bcb Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Bcb Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Philadelphia, Ocean City, Tampa, and Atlantic City among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bcb Community 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.

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    Originations

    168

    Origination Dollar Volume (All Markets)

    $110,190,000

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 159 $107,805,000 $678,019 $0 0.00%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $1,080,000 $540,000 $0 0.00%
    OCEAN CITY, NJ (FHA|USDA|VA) 3 $505,000 $168,333 $0 0.00%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $385,000 $385,000 $0 0.00%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $310,000 $155,000 $0 0.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    Bcb Community Bank's top markets include New York, Philadelphia, Ocean City, Tampa, and Atlantic City among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 168 $110,190,000 $655,893 $0 0.00%

    For 2023, Bcb Community Bank's most frequently originated type of loan was Conventional, with 168 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 50 $27,600,000 $552,000 $0 0.00%
    Refi 50 $66,380,000 $1,327,600 $0 0.00%
    Home Improvement 47 $12,775,000 $271,809 $0 0.00%
    Other 21 $3,435,000 $163,571 $0 0.00%

    For 2023, Bcb Community Bank's most frequently cited loan purpose was Home Purchase, with 50 originations. The 2nd most popular reason was Refi, with 50 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 168 $110,190,000 $655,893 $0 0.00%

    For 2023, Bcb Community Bank's most frequently cited loan duration was Other, with 168 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 43 $11,985,000 $278,721 $0 0.00%
    $100,000 or less 33 $2,055,000 $62,273 $0 0.00%
    $100k-200k 32 $4,260,000 $133,125 $0 0.00%
    $600k-1MM 21 $15,505,000 $738,333 $0 0.00%
    $400k-600k 20 $9,800,000 $490,000 $0 0.00%
    $1MM+ 19 $66,585,000 $3,504,474 $0 0.00%

    2023 saw Bcb Community Bank place emphasis on $200k-400k loans with 43 originations, totaling $11,985,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 42 $20,820,000 $495,714 $0 0.00%
    $150k-250k 39 $11,575,000 $296,795 $0 0.00%
    $100k-150k 29 $4,255,000 $146,724 $0 0.00%
    $50k-75k 9 $1,265,000 $140,556 $0 0.00%
    $75k-100k 9 $1,165,000 $129,444 $0 0.00%
    $50k or less 4 $330,000 $82,500 $0 0.00%

    Bcb Community Bank lent most frequently to those with incomes in the $250k+ range, with 42 originations. The second most popular income band? $150k-250k, with 39 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 168 $110,190,000 $655,893 $0 0.00%

    Bcb Community Bank lent most frequently to those with DTI ratios of Exempt%, with 168 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 35 $70,625,000 $2,017,857 $0 0.00%
    White 116 $35,050,000 $302,155 $0 0.00%
    Asian 6 $2,120,000 $353,333 $0 0.00%
    Not provided 7 $1,085,000 $155,000 $0 0.00%
    Asian Indian 1 $675,000 $675,000 $0 0.00%
    Other Asian 1 $505,000 $505,000 $0 0.00%
    Black 1 $65,000 $65,000 $0 0.00%
    American Indian 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    87.17%

    Bcb Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.31%

    Bcb Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 168 $110,190,000 $655,893

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    168 $110,190,000 $655,893