Bcb Community Bank Mortgage Rates, Fees & InfoBayonne, NJ
Tax ID: 22-3760320
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewBcb Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Bcb Community Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: New York, Trenton, Miami, Atlantic City, and Bridgeport among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)
Bcb Community 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)$281,120,000
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)||277||$267,575,000||$965,975||$0||0.00%|
|TRENTON-PRINCETON, NJ (FHA|USDA|VA)||7||$8,635,000||$1,233,571||$0||0.00%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||2||$2,560,000||$1,280,000||$0||0.00%|
|Outside of Metro Areas||1||$645,000||$645,000||$0||0.00%|
|ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA)||2||$610,000||$305,000||$0||0.00%|
|BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA)||1||$345,000||$345,000||$0||0.00%|
|ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA)||1||$275,000||$275,000||$0||0.00%|
|EAST STROUDSBURG, PA (FHA|USDA|VA)||1||$255,000||$255,000||$0||0.00%|
|Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA)||2||$220,000||$110,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Bcb Community Bank's most frequently originated type of loan was Conventional, with 291 originations. Their 2nd most popular type was FHA, with 3 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Bcb Community Bank's most frequently cited loan purpose was Home Purchase, with 117 originations. The 2nd most popular reason was Refi, with 97 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Bcb Community Bank's most frequently cited loan duration was Other, with 294 originations.
2022 saw Bcb Community Bank place emphasis on $200k-400k loans with 78 originations, totaling $22,980,000 in origination value.
Bcb Community Bank lent most frequently to those with incomes in the $150k-250k range, with 64 originations. The second most popular income band? $250k+, with 47 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Bcb Community Bank lent most frequently to those with DTI ratios of Exempt%, with 294 originations.
Approval RatesTotal approvals of all applications
Bcb Community 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
Bcb Community Bank has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|