City National Bank Mortgage Rates, Fees & Info

Los Angeles, CA

LEI: 593C3GZG957YOJPS2Z63

Tax ID: 95-1780067

4.7 stars - Updated: 10/8/24 - out of 5 stars, based on 43 reviews

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

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Mortgage Data

Review & Overview

City National Bank is a small bank specializing in Home Purchase loans. City National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, New York, San Diego, Miami, and San Francisco among others. We have data for 157 markets. (Some data included below & more in-depth data is available with an active subscription.)

City National 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. City National Bank is typically a high 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) 3.89% 10/8/24
30 Year Conventional Purchase 6.12% 10/8/24
30 Year Conventional Refi 6.28% 10/8/24
30 Year Cash-out Refi 6.30% 10/8/24
15 Year Conventional Purchase 5.50% 10/8/24
15 Year Conventional Refi 5.76% 10/8/24
15 Year Cash-out Refi 5.76% 10/8/24
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.

City National Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from City National 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

1,819

Origination Dollar Volume (All Markets)

$2,217,475,000
Show all (19) awards

Relative Rate

City National Bank's average 30 year fixed mortgage rate was 6.83%.

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

This yields a difference of 0.35%.

Relative Fees (Closing Costs)

City National Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $8,349.

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 695 $971,735,000 $1,398,180 $9,960 6.99%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 147 $199,185,000 $1,355,000 $8,379 6.36%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 65 $86,595,000 $1,332,231 $9,084 7.26%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 45 $68,545,000 $1,523,222 $9,432 6.45%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 70 $65,040,000 $929,143 $6,028 7.46%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 20 $58,440,000 $2,922,000 $7,153 7.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 57 $51,975,000 $911,842 $5,632 6.91%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 53 $46,735,000 $881,792 $9,227 6.96%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 48 $45,790,000 $953,958 $7,282 6.50%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 35 $41,965,000 $1,199,000 $7,754 6.89%
Glenwood Springs, CO (FHA|USDA|VA) 6 $39,630,000 $6,605,000 $67,654 5.97%
Outside of Metro Areas 31 $32,055,000 $1,034,032 $7,540 6.68%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 35 $29,955,000 $855,857 $7,582 6.37%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 18 $25,750,000 $1,430,556 $4,890 6.32%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 24 $24,280,000 $1,011,667 $7,307 6.77%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 24 $23,470,000 $977,917 $7,764 6.48%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 16 $20,390,000 $1,274,375 $10,519 6.71%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 12 $19,760,000 $1,646,667 $9,679 6.96%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 15 $17,825,000 $1,188,333 $8,143 7.35%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 10 $15,520,000 $1,552,000 $12,066 5.68%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 14 $15,310,000 $1,093,571 $10,203 6.77%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 14 $12,480,000 $891,429 $5,205 6.81%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 12 $11,450,000 $954,167 $3,984 6.81%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 9 $11,215,000 $1,246,111 $10,137 6.53%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 13 $10,155,000 $781,154 $6,581 6.21%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 9 $9,815,000 $1,090,556 $5,125 6.18%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 9 $9,795,000 $1,088,333 $5,911 7.19%
SALINAS, CA (FHA|USDA|VA) 4 $9,680,000 $2,420,000 $5,025 6.46%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 4 $9,370,000 $2,342,500 $66,223 6.67%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 15 $9,175,000 $611,667 $4,635 6.69%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 17 $8,865,000 $521,471 $4,322 6.54%
Heber, UT (FHA|USDA|VA) 8 $8,750,000 $1,093,750 $8,978 6.03%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 12 $8,320,000 $693,333 $5,519 6.46%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $8,285,000 $920,556 $7,045 6.01%
PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $7,865,000 $2,621,667 $21,156 5.87%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 7 $7,185,000 $1,026,429 $13,393 6.87%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $6,955,000 $2,318,333 $8,945 6.48%
RENO, NV (FHA|USDA|VA) 5 $6,635,000 $1,327,000 $4,879 6.86%
KINGSTON, NY (FHA|USDA|VA) 7 $6,365,000 $909,286 $7,330 6.36%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $6,120,000 $765,000 $8,280 6.57%
Outside of Metro Areas 2 $4,870,000 $2,435,000 $7,521 5.80%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 4 $4,430,000 $1,107,500 $6,591 6.51%
SALT LAKE CITY, UT (FHA|USDA|VA) 4 $4,280,000 $1,070,000 $5,314 5.93%
FORT COLLINS, CO (FHA|USDA|VA) 6 $4,220,000 $703,333 $4,086 7.07%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 6 $3,950,000 $658,333 $5,957 6.30%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $3,785,000 $3,785,000 $0 5.33%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $3,540,000 $885,000 $5,393 6.33%
Edwards, CO (FHA|USDA|VA) 2 $3,390,000 $1,695,000 $4,292 5.86%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $3,265,000 $1,088,333 $4,838 6.48%
Vineyard Haven, MA (FHA|USDA|VA) 2 $3,150,000 $1,575,000 $10,003 7.51%
NAPA, CA (FHA|USDA|VA) 4 $3,030,000 $757,500 $3,980 5.77%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 4 $2,940,000 $735,000 $3,841 6.73%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $2,745,000 $549,000 $5,683 6.87%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $2,730,000 $1,365,000 $6,882 6.35%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 4 $2,720,000 $680,000 $4,554 6.58%
RALEIGH-CARY, NC (FHA|USDA|VA) 6 $2,700,000 $450,000 $4,739 7.44%
Kalispell, MT (FHA|USDA|VA) 2 $2,610,000 $1,305,000 $0 8.11%
PITTSFIELD, MA (FHA|USDA|VA) 4 $2,610,000 $652,500 $4,831 7.74%
BEND, OR (FHA|USDA|VA) 3 $2,605,000 $868,333 $9,789 7.93%
ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $2,405,000 $801,667 $5,349 6.35%
Jackson, WY-ID (FHA|USDA|VA) 2 $2,280,000 $1,140,000 $0 7.81%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $2,255,000 $751,667 $3,960 6.40%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 3 $2,095,000 $698,333 $5,883 7.05%
Kapaa, HI (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $0 7.43%
PITTSBURGH, PA (FHA|USDA|VA) 8 $1,980,000 $247,500 $6,010 6.95%
SAVANNAH, GA (FHA|USDA|VA) 2 $1,970,000 $985,000 $6,390 7.53%
PANAMA CITY, FL (FHA|USDA|VA) 2 $1,960,000 $980,000 $4,461 5.85%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $1,945,000 $1,945,000 $0 5.60%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $1,900,000 $950,000 $8,942 6.15%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $1,750,000 $875,000 $8,029 7.18%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 3 $1,625,000 $541,667 $4,678 6.45%
MODESTO, CA (FHA|USDA|VA) 1 $1,535,000 $1,535,000 $0 5.68%
Breckenridge, CO (FHA|USDA|VA) 2 $1,510,000 $755,000 $3,442 5.85%
Holland, MI (FHA|USDA|VA) 2 $1,510,000 $755,000 $3,197 5.48%
Key West, FL (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $8,894 6.60%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,475,000 $491,667 $3,754 6.58%
Whitewater, WI (FHA|USDA|VA) 2 $1,460,000 $730,000 $2,770 6.15%
TUCSON, AZ (FHA|USDA|VA) 2 $1,390,000 $695,000 $4,141 6.95%
LINCOLN, NE (FHA|USDA|VA) 4 $1,370,000 $342,500 $3,572 6.55%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $1,360,000 $680,000 $4,767 7.03%
COLUMBUS, OH (FHA|USDA|VA) 2 $1,360,000 $680,000 $5,362 6.06%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $1,350,000 $675,000 $4,807 7.39%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $1,340,000 $670,000 $3,850 6.13%
MEDFORD, OR (FHA|USDA|VA) 1 $1,285,000 $1,285,000 $6,354 6.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $1,260,000 $630,000 $3,627 7.93%
Hudson, NY (FHA|USDA|VA) 1 $1,255,000 $1,255,000 $8,644 5.53%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $1,210,000 $605,000 $4,237 6.45%
Torrington, CT (FHA|USDA|VA) 2 $1,180,000 $590,000 $3,966 7.75%
Marion, NC (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $5,463 6.95%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $1,145,000 $1,145,000 $7,190 6.43%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $1,135,000 $1,135,000 $11,989 6.30%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $1,120,000 $560,000 $6,114 7.09%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $1,120,000 $560,000 $5,794 7.35%
Hilo, HI (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $5,616 6.20%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $6,386 4.83%
GAINESVILLE, FL (FHA|USDA|VA) 1 $995,000 $995,000 $9,860 5.80%
BOULDER, CO (FHA|USDA|VA) 1 $985,000 $985,000 $3,789 6.40%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $955,000 $955,000 $3,844 5.00%
GREEN BAY, WI (FHA|USDA|VA) 3 $945,000 $315,000 $2,968 6.90%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $925,000 $925,000 $5,037 5.40%
KNOXVILLE, TN (FHA|USDA|VA) 1 $885,000 $885,000 $5,608 6.75%
SALEM, OR (FHA|USDA|VA) 2 $860,000 $430,000 $0 7.90%
ASHEVILLE, NC (FHA|USDA|VA) 2 $810,000 $405,000 $4,134 6.31%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $805,000 $805,000 $4,566 6.10%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $780,000 $390,000 $5,218 8.00%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $755,000 $755,000 $4,892 6.80%
Laconia, NH (FHA|USDA|VA) 1 $755,000 $755,000 $4,601 6.40%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $755,000 $755,000 $4,974 7.93%
ANN ARBOR, MI (FHA|USDA|VA) 1 $755,000 $755,000 $4,942 5.05%
BOISE CITY, ID (FHA|USDA|VA) 1 $715,000 $715,000 $5,958 5.45%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $695,000 $695,000 $5,015 7.35%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $655,000 $655,000 $7,400 7.48%
Show Low, AZ (FHA|USDA|VA) 1 $655,000 $655,000 $3,256 6.43%
COLUMBIA, SC (FHA|USDA|VA) 2 $630,000 $315,000 $4,648 7.69%
ST. GEORGE, UT (FHA|USDA|VA) 1 $605,000 $605,000 $4,159 6.58%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $605,000 $605,000 $0 8.65%
Lebanon, NH-VT (FHA|USDA|VA) 1 $545,000 $545,000 $5,175 6.63%
LOUISVILLE, KY (FHA|USDA|VA) 1 $545,000 $545,000 $4,526 6.20%
Ukiah, CA (FHA|USDA|VA) 1 $545,000 $545,000 $4,395 6.95%
Bozeman, MT (FHA|USDA|VA) 1 $545,000 $545,000 $3,750 6.25%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $525,000 $525,000 $4,804 6.25%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $525,000 $525,000 $4,903 7.23%
Seneca Falls, NY (FHA|USDA|VA) 1 $505,000 $505,000 $0 7.85%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $495,000 $495,000 $6,009 5.20%
ROME, GA (FHA|USDA|VA) 1 $485,000 $485,000 $0 6.75%
WILMINGTON, NC (FHA|USDA|VA) 1 $465,000 $465,000 $4,464 6.40%
BELLINGHAM, WA (FHA|USDA|VA) 1 $455,000 $455,000 $3,515 6.15%
CORVALLIS, OR (FHA|USDA|VA) 1 $395,000 $395,000 $3,999 6.45%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $395,000 $395,000 $0 5.98%
Shelton, WA (FHA|USDA|VA) 1 $375,000 $375,000 $4,327 6.50%
Sheridan, WY (FHA|USDA|VA) 1 $365,000 $365,000 $5,559 7.00%
Newport, OR (FHA|USDA|VA) 1 $365,000 $365,000 $3,934 8.45%
Fernley, NV (FHA|USDA|VA) 1 $365,000 $365,000 $3,288 7.25%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $345,000 $345,000 $3,362 5.95%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $345,000 $345,000 $4,177 7.43%
Oxford, MS (FHA|USDA|VA) 1 $325,000 $325,000 $4,111 5.75%
Morehead City, NC (FHA|USDA|VA) 1 $325,000 $325,000 $4,680 7.15%
Okeechobee, FL (FHA|USDA|VA) 1 $305,000 $305,000 $5,364 5.90%
Cullowhee, NC (FHA|USDA|VA) 1 $305,000 $305,000 $3,307 6.13%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $305,000 $305,000 $3,767 6.60%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $305,000 $305,000 $2,667 7.15%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $305,000 $305,000 $3,077 6.85%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $275,000 $275,000 $4,580 8.10%
Enterprise, AL (FHA|USDA|VA) 2 $260,000 $130,000 $2,485 6.53%
Sonora, CA (FHA|USDA|VA) 1 $255,000 $255,000 $0 8.38%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $245,000 $245,000 $0 6.18%
ALBANY, GA (FHA|USDA|VA) 1 $245,000 $245,000 $4,280 6.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $235,000 $235,000 $3,104 6.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $225,000 $225,000 $5,129 6.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $215,000 $215,000 $2,814 6.95%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.49%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $185,000 $185,000 $0 8.80%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $175,000 $175,000 $3,220 6.05%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $155,000 $155,000 $0 8.65%
BATON ROUGE, LA (FHA|USDA|VA) 1 $125,000 $125,000 $0 9.05%
Red Bluff, CA (FHA|USDA|VA) 1 $75,000 $75,000 $0 9.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $45,000 $45,000 $0 12.95%
City National Bank's top markets include Los Angeles, New York, San Diego, Miami, and San Francisco among others.

Their top states include:
  • California (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against City National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,121 $1,729,345,000 $1,542,681 $8,284 6.11%
    HELOC 698 $488,130,000 $699,327 n/a 7.96%

    For 2023, City National Bank's most frequently originated type of loan was Conventional, with 1,121 originations. Their 2nd most popular type was HELOC, with 698 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 861 $1,304,345,000 $1,514,919 $9,170 6.22%
    Other 416 $389,200,000 $935,577 $5,531 7.37%
    Home Improvement 260 $134,090,000 $515,731 $5,461 7.91%
    Cash Out Refi 183 $199,285,000 $1,088,989 $6,017 7.17%
    Refi 99 $190,555,000 $1,924,798 $6,184 6.28%

    For 2023, City National Bank's most frequently cited loan purpose was Home Purchase, with 861 originations. The 2nd most popular reason was Other, with 416 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,782 $2,149,630,000 $1,206,302 $8,349 6.83%
    15 Year 19 $13,455,000 $708,158 $5,198 6.08%
    20 Year 9 $10,625,000 $1,180,556 $5,929 6.51%
    5 Year 4 $7,680,000 $1,920,000 $0 6.67%
    Other 3 $10,545,000 $3,515,000 $0 6.82%
    10 Year 2 $25,540,000 $12,770,000 $0 5.72%

    For 2023, City National Bank's most frequently cited loan duration was 30 Year, with 1,782 originations. The 2nd most popular length was 15 Year, with 19 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 987 $1,521,265,000 $1,541,302
    $5k+ 22 $45,030,000 $2,046,818
    $<1k 12 $6,360,000 $530,000
    $2k-3k 1 $7,705,000 $7,705,000
    $4k-5k 1 $355,000 $355,000

    City National Bank's average total fees were $8,349, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 987 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 497 $264,055,000 $531,298
    5-6% 491 $896,055,000 $1,824,959
    6-7% 424 $523,270,000 $1,234,127
    7-8% 264 $294,050,000 $1,113,826
    3-4% 81 $93,145,000 $1,149,938
    4-5% 59 $143,445,000 $2,431,271
    <2.5% 3 $3,455,000 $1,151,667

    During 2023, City National Bank's average interest rate for loans was 6.83%, while their most frequently originated rate bucket for loans was Over 8%, with 497 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 729 $1,677,985,000 $2,301,763 $11,125 6.27%
    $600k-1MM 398 $310,920,000 $781,206 $6,026 6.49%
    $200k-400k 310 $90,550,000 $292,097 $4,128 7.47%
    $400k-600k 245 $121,655,000 $496,551 $4,873 7.20%
    $100k-200k 98 $13,560,000 $138,367 $3,594 8.33%
    $100,000 or less 39 $2,805,000 $71,923 $0 9.12%

    2023 saw City National Bank place emphasis on $1MM+ loans with 729 originations, totaling $1,677,985,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 1,098 $1,411,530,000 $1,285,546 $8,938 6.73%
    $150k-250k 213 $105,595,000 $495,751 $5,525 7.20%
    $100k-150k 82 $30,800,000 $375,610 $4,352 7.36%
    $50k or less 59 $42,525,000 $720,763 $5,648 6.88%
    $75k-100k 48 $17,950,000 $373,958 $4,258 7.24%
    $50k-75k 17 $4,205,000 $247,353 $4,395 7.92%

    City National Bank lent most frequently to those with incomes in the $250k+ range, with 1,098 originations. The second most popular income band? $150k-250k, with 213 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 297 $358,565,000 $1,207,290 $7,880 6.81%
    30-36% 221 $217,235,000 $982,964 $7,498 6.79%
    <20% 188 $224,440,000 $1,193,830 $8,775 6.72%
    >60% 126 $125,420,000 $995,397 $6,110 6.40%
    50-60% 104 $104,430,000 $1,004,135 $8,584 6.29%
    44% 101 $88,525,000 $876,485 $7,180 7.39%
    41% 65 $70,355,000 $1,082,385 $7,455 6.92%
    43% 64 $79,660,000 $1,244,688 $8,532 7.29%
    42% 59 $58,005,000 $983,136 $6,522 7.15%
    37% 58 $54,610,000 $941,552 $7,999 7.25%
    39% 58 $51,060,000 $880,345 $7,389 7.40%
    36% 42 $32,420,000 $771,905 $6,129 6.95%
    45% 42 $33,980,000 $809,048 $8,762 7.54%
    40% 40 $36,510,000 $912,750 $7,120 6.95%
    38% 37 $44,195,000 $1,194,459 $15,025 6.97%
    48% 26 $30,610,000 $1,177,308 $10,636 6.32%
    46% 21 $18,345,000 $873,571 $5,886 6.93%
    47% 12 $9,060,000 $755,000 $9,939 7.43%
    49% 12 $11,320,000 $943,333 $6,797 6.55%

    City National Bank lent most frequently to those with DTI ratios of 20-30%, with 297 originations. The next most common DTI ratio? 30-36%, with 221 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,073 $1,151,575,000 $1,073,229 $7,960 6.85%
    Not applicable 248 $571,990,000 $2,306,411 $11,115 6.51%
    Not provided 334 $341,330,000 $1,021,946 $7,886 6.88%
    Asian 78 $71,820,000 $920,769 $6,926 7.04%
    Black 55 $57,155,000 $1,039,182 $7,271 7.03%
    American Indian 8 $8,750,000 $1,093,750 $7,357 6.73%
    Asian Indian 8 $5,130,000 $641,250 $6,719 6.21%
    Other Asian 5 $3,925,000 $785,000 $7,582 6.37%
    Japanese 2 $2,410,000 $1,205,000 $10,124 6.56%
    Chinese 4 $1,370,000 $342,500 $4,355 6.94%
    Native Hawaiian or Islander 2 $1,350,000 $675,000 $13,831 5.45%
    Filipino 1 $535,000 $535,000 $4,270 5.85%
    Korean 1 $135,000 $135,000 $0 8.70%

    Approval Rates

    Total approvals of all applications
    80.69%

    City National Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    72.35%

    City National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,819 $2,217,475,000 $1,219,063

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,819 $2,217,475,000 $1,219,063

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 357 $354,165,000 $992,059 $6,492 7.47%
    40-60% 284 $368,490,000 $1,297,500 $7,764 6.42%
    60-80% 552 $973,010,000 $1,762,699 $9,097 6.17%
    80-100% 266 $358,510,000 $1,347,782 $7,902 6.25%
    Under 20% 360 $163,300,000 $453,611 $5,908 7.92%