Cbbc Bank Mortgage Rates, Fees & Info

Maryville, TN

LEI: 549300Y5CMBB4R90KT81

Tax ID: 62-0899854

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
  • Complaints
  • 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

    Cbbc Bank is a smaller bank specializing in Home Purchase loans. Cbbc Bank has a high proportion of conventional loans. Their top two markets are Johnson City and Knoxville .

    Cbbc 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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    Originations

    47

    Origination Dollar Volume (All Markets)

    $19,605,000

    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
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $12,240,000 $6,120,000 $0 0.00%
    KNOXVILLE, TN (FHA|USDA|VA) 44 $6,910,000 $157,045 $0 0.00%
    Outside of Metro Areas 1 $455,000 $455,000 $0 0.00%
    Cbbc Bank's top markets include Johnson City and Knoxville among others.

    Their top states include:
  • Tennessee (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 47 $19,605,000 $417,128 $0 0.00%

    For 2018, Cbbc Bank's most frequently originated type of loan was Conventional, with 47 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 25 $16,335,000 $653,400 $0 0.00%
    Home Improvement 8 $820,000 $102,500 $0 0.00%
    Other 7 $675,000 $96,429 $0 0.00%
    Refi 7 $1,775,000 $253,571 $0 0.00%

    For 2018, Cbbc Bank's most frequently cited loan purpose was Home Purchase, with 25 originations. The 2nd most popular reason was Home Improvement, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 47 $19,605,000 $417,128 $0 0.00%

    For 2018, Cbbc Bank's most frequently cited loan duration was Other, with 47 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 19 $865,000 $45,526 $0 0.00%
    $200k-400k 14 $3,540,000 $252,857 $0 0.00%
    $100k-200k 10 $1,600,000 $160,000 $0 0.00%
    $400k-600k 2 $900,000 $450,000 $0 0.00%
    $1MM+ 1 $12,015,000 $12,015,000 $0 0.00%
    $600k-1MM 1 $685,000 $685,000 $0 0.00%

    2018 saw Cbbc Bank place emphasis on $100,000 or less loans with 19 originations, totaling $865,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 8 $1,490,000 $186,250 $0 0.00%
    $150k-250k 8 $1,530,000 $191,250 $0 0.00%
    $50k-75k 8 $1,170,000 $146,250 $0 0.00%
    $50k or less 8 $500,000 $62,500 $0 0.00%
    $75k-100k 6 $1,140,000 $190,000 $0 0.00%
    $250k+ 1 $255,000 $255,000 $0 0.00%

    Cbbc Bank lent most frequently to those with incomes in the $100k-150k range, with 8 originations. The second most popular income band? $150k-250k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 47 $19,605,000 $417,128 $0 0.00%

    Cbbc Bank lent most frequently to those with DTI ratios of Exempt%, with 47 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 8 $13,520,000 $1,690,000 $0 0.00%
    White 38 $6,030,000 $158,684 $0 0.00%
    Black 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.74%

    Cbbc Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.11%

    Cbbc Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 47 $19,605,000 $417,128

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 5 $13,015,000 $2,603,000
    Single Family (1-4 Units):Manufactured 1 $65,000 $65,000
    Single Family (1-4 Units):Site-Built 41 $6,525,000 $159,146

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    CIBC BANCORP USA INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%
    CIBC BANCORP USA INC. Conventional home mortgage Closing on a mortgage 1 33.3%
    CIBC BANCORP USA INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 33.3%