Bcb Community Bank Mortgage Rates, Fees & Info
Bayonne, NJLEI: 549300RUVVJLHQM71O74
Tax ID: 22-3760320
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bcb Community Bank is a smaller bank specializing in 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, Philadelphia, Miami, and Ocean 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 an average pick rate when compared to similar lenders.
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Originations
72Origination Dollar Volume (All Markets)
$32,790,000Top 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) | 67 | $30,415,000 | $453,955 | $0 | 0.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 71 | $32,145,000 | $452,746 | $0 | 0.00% |
| FHA | 1 | $645,000 | $645,000 | $0 | 0.00% |
For 2024, Bcb Community Bank's most frequently originated type of loan was Conventional, with 71 originations. Their 2nd most popular type was FHA, with 1 originations.
Loan Reason
For 2024, Bcb Community Bank's most frequently cited loan purpose was Refi, with 23 originations. The 2nd most popular reason was Home Improvement, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 72 | $32,790,000 | $455,417 | $0 | 0.00% |
For 2024, Bcb Community Bank's most frequently cited loan duration was Other, with 72 originations.
Loan Sizing
2024 saw Bcb Community Bank place emphasis on $100k-200k loans with 15 originations, totaling $2,225,000 in origination value.
Applicant Income
Bcb Community Bank lent most frequently to those with incomes in the $150k-250k range, with 24 originations. The second most popular income band? $250k+, with 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 72 | $32,790,000 | $455,417 | $0 | 0.00% |
Bcb Community Bank lent most frequently to those with DTI ratios of Exempt%, with 72 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications77.23%
Bcb Community Bank has a below average approval rate.
Pick Rate
Approvals leading to origination91.67%
Bcb Community Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 72 | $32,790,000 | $455,417 |