City National Bank Of Florida Mortgage Rates, Fees & Info

Miami, FL

LEI: GDN5JXQ4P5NZE28ZRC90

Tax ID: 59-1297458

5 stars - Updated: 4/5/25 - out of 5 stars, based on 29 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

City National Bank Of Florida is a smaller bank specializing in Home Purchase loans. City National Bank Of Florida 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: Miami, Orlando, Atlanta, New York, and Pensacola among others. We have data for 57 markets. (Some data included below & more in-depth data is available with an active subscription.)

City National Bank Of Florida 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. City National Bank Of Florida is typically an average 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 about average 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
30 Year Conventional Purchase 6.06% 4/5/25
30 Year Conventional Refi 6.52% 4/5/25
30 Year Cash-out Refi 6.46% 4/5/25
30 Year FHA Purchase 6.71% 4/5/25
30 Year FHA Refi 6.72% 4/5/25
30 Year VA Purchase 6.13% 4/5/25
30 Year VA Refi 6.02% 4/5/25
15 Year Conventional Purchase 5.95% 4/5/25
15 Year Conventional Refi 6.47% 4/5/25
15 Year Cash-out Refi 6.47% 4/5/25
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 Of Florida 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 Of Florida. 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

825

Origination Dollar Volume (All Markets)

$753,485,000
Show all (12) awards

Relative Rate

City National Bank Of Florida's average 30 year fixed mortgage rate was 5.99%.

The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

This yields a difference of -0.56%.

Relative Fees (Closing Costs)

City National Bank Of Florida's average total fees/closing costs for a 30 year fixed rate mortgage were $9,179.

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 $8,356.

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
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 492 $527,270,000 $1,071,687 $10,035 5.94%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 110 $58,120,000 $528,364 $7,436 5.43%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $51,105,000 $51,105,000 $0 0.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 9 $12,135,000 $1,348,333 $9,559 6.40%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 30 $8,520,000 $284,000 $8,229 6.25%
Key West, FL (FHA|USDA|VA) 4 $7,360,000 $1,840,000 $14,479 7.13%
Glenwood Springs, CO (FHA|USDA|VA) 4 $7,260,000 $1,815,000 $6,329 6.38%
Outside of Metro Areas 8 $7,220,000 $902,500 $5,957 6.59%
PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $6,670,000 $1,111,667 $12,189 6.69%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 20 $6,470,000 $323,500 $6,682 6.73%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 25 $6,375,000 $255,000 $5,124 6.05%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 13 $5,395,000 $415,000 $7,647 6.56%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $4,495,000 $1,498,333 $8,938 6.79%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 14 $4,420,000 $315,714 $12,885 6.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $3,520,000 $1,760,000 $11,971 7.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $3,295,000 $366,111 $9,576 6.68%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $3,255,000 $651,000 $11,989 5.95%
TALLAHASSEE, FL (FHA|USDA|VA) 8 $2,700,000 $337,500 $6,791 6.44%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $2,595,000 $519,000 $9,229 6.20%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $2,525,000 $841,667 $7,369 7.04%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $2,115,000 $705,000 $5,182 7.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $2,040,000 $1,020,000 $10,353 6.62%
MOBILE, AL (FHA|USDA|VA) 8 $1,660,000 $207,500 $5,401 5.94%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,355,000 $451,667 $8,369 6.54%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $1,345,000 $448,333 $7,287 6.33%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $1,215,000 $1,215,000 $6,949 5.75%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $1,155,000 $1,155,000 $8,478 6.13%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $6,615 5.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $890,000 $445,000 $9,551 6.19%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $755,000 $755,000 $4,201 8.38%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $715,000 $715,000 $3,762 7.50%
GAINESVILLE, GA (FHA|USDA|VA) 1 $645,000 $645,000 $6,572 7.38%
Dublin, GA (FHA|USDA|VA) 1 $525,000 $525,000 $6,756 7.50%
OCALA, FL (FHA|USDA|VA) 2 $520,000 $260,000 $6,869 6.13%
GAINESVILLE, FL (FHA|USDA|VA) 2 $480,000 $240,000 $0 7.06%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $475,000 $475,000 $6,221 7.00%
WILMINGTON, NC (FHA|USDA|VA) 1 $445,000 $445,000 $4,114 5.25%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $405,000 $405,000 $9,710 6.49%
Lake City, FL (FHA|USDA|VA) 1 $365,000 $365,000 $18,494 5.00%
Cullowhee, NC (FHA|USDA|VA) 1 $365,000 $365,000 $5,305 7.38%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $345,000 $345,000 $7,140 5.88%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $335,000 $335,000 $10,333 6.00%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $325,000 $325,000 $4,355 6.63%
ASHEVILLE, NC (FHA|USDA|VA) 1 $325,000 $325,000 $0 6.63%
TUCSON, AZ (FHA|USDA|VA) 1 $325,000 $325,000 $5,548 5.88%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $325,000 $325,000 $4,943 6.62%
Crossville, TN (FHA|USDA|VA) 1 $305,000 $305,000 $4,274 5.99%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $295,000 $295,000 $2,648 5.50%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $265,000 $265,000 $7,989 5.25%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $245,000 $245,000 $7,428 5.75%
Okeechobee, FL (FHA|USDA|VA) 1 $225,000 $225,000 $9,664 6.63%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $225,000 $225,000 $8,660 5.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $195,000 $195,000 $5,049 6.38%
Columbus, MS (FHA|USDA|VA) 1 $155,000 $155,000 $4,015 5.99%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $155,000 $155,000 $5,630 6.38%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $125,000 $125,000 $4,495 6.38%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.88%
City National Bank Of Florida's top markets include Miami, Orlando, Atlanta, New York, and Pensacola among others.

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 713 $712,255,000 $998,955 $8,599 6.01%
    FHA 81 $29,675,000 $366,358 $13,580 5.88%
    VA 31 $11,555,000 $372,742 $9,101 5.93%

    For 2024, City National Bank Of Florida's most frequently originated type of loan was Conventional, with 713 originations. Their 2nd most popular type was FHA, with 81 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 743 $626,065,000 $842,618 $8,847 5.94%
    Cash Out Refi 26 $43,230,000 $1,662,692 $14,377 6.13%
    Refi 24 $39,710,000 $1,654,583 $10,036 6.26%
    Other 22 $29,690,000 $1,349,545 $9,634 7.05%
    Home Improvement 10 $14,790,000 $1,479,000 $16,372 6.85%

    For 2024, City National Bank Of Florida's most frequently cited loan purpose was Home Purchase, with 743 originations. The 2nd most popular reason was Cash Out Refi, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 804 $589,220,000 $732,861 $9,179 5.99%
    Other 11 $159,385,000 $14,489,545 $0 0.00%
    15 Year 9 $4,615,000 $512,778 $6,617 6.24%
    20 Year 1 $265,000 $265,000 $6,238 5.75%

    For 2024, City National Bank Of Florida's most frequently cited loan duration was 30 Year, with 804 originations. The 2nd most popular length was Other, with 11 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 569 $341,205,000 $599,657
    $5k+ 79 $154,915,000 $1,960,949
    $2k-3k 47 $20,305,000 $432,021
    $3k-4k 34 $29,430,000 $865,588
    $4k-5k 23 $17,335,000 $753,696
    $<1k 12 $5,890,000 $490,833

    City National Bank Of Florida's average total fees were $9,179, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 569 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 290 $265,750,000 $916,379
    5-6% 269 $160,615,000 $597,082
    4-5% 117 $28,065,000 $239,872
    7-8% 103 $114,085,000 $1,107,621
    3-4% 27 $7,065,000 $261,667
    Over 8% 8 $18,520,000 $2,315,000

    During 2024, City National Bank Of Florida's average interest rate for loans was 5.99%, while their most frequently originated rate bucket for loans was 6-7%, with 290 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 321 $94,545,000 $294,533 $7,049 5.82%
    $100k-200k 155 $23,525,000 $151,774 $4,534 5.49%
    $1MM+ 131 $522,835,000 $3,991,107 $20,693 6.65%
    $400k-600k 104 $50,620,000 $486,731 $10,651 6.28%
    $600k-1MM 80 $59,450,000 $743,125 $9,109 6.67%
    $100,000 or less 34 $2,510,000 $73,824 $3,755 5.11%

    2024 saw City National Bank Of Florida place emphasis on $200k-400k loans with 321 originations, totaling $94,545,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 200 $359,780,000 $1,798,900 $15,868 6.73%
    $50k-75k 182 $40,360,000 $221,758 $5,658 5.17%
    $75k-100k 117 $32,575,000 $278,419 $7,244 5.88%
    $100k-150k 104 $35,120,000 $337,692 $8,463 6.26%
    $150k-250k 90 $42,010,000 $466,778 $9,130 6.52%
    $50k or less 71 $9,265,000 $130,493 $4,252 5.03%

    City National Bank Of Florida lent most frequently to those with incomes in the $250k+ range, with 200 originations. The second most popular income band? $50k-75k, with 182 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 101 $51,805,000 $512,921 $7,729 6.16%
    20-30% 100 $106,180,000 $1,061,800 $10,557 6.51%
    44% 95 $25,835,000 $271,947 $5,662 5.19%
    42% 67 $39,525,000 $589,925 $7,597 5.82%
    43% 47 $13,795,000 $293,511 $6,329 5.29%
    50-60% 46 $17,790,000 $386,739 $13,745 5.87%
    41% 43 $16,815,000 $391,047 $7,514 5.66%
    <20% 40 $59,640,000 $1,491,000 $12,138 6.27%
    39% 39 $21,665,000 $555,513 $7,727 5.83%
    40% 35 $24,595,000 $702,714 $9,454 6.19%
    37% 31 $31,575,000 $1,018,548 $9,330 6.14%
    36% 31 $31,375,000 $1,012,097 $11,797 6.20%
    49% 27 $11,215,000 $415,370 $9,866 6.35%
    38% 26 $16,360,000 $629,231 $7,456 5.89%
    47% 18 $23,780,000 $1,321,111 $14,813 6.32%
    46% 16 $21,990,000 $1,374,375 $11,523 6.43%
    45% 15 $11,625,000 $775,000 $10,834 5.93%
    48% 12 $6,660,000 $555,000 $9,158 6.55%

    City National Bank Of Florida lent most frequently to those with DTI ratios of 30-36%, with 101 originations. The next most common DTI ratio? 20-30%, with 100 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 436 $347,470,000 $796,950 $9,718 6.18%
    Not provided 247 $202,185,000 $818,563 $9,741 6.01%
    Not applicable 13 $161,935,000 $12,456,538 $0 6.25%
    Black 114 $35,160,000 $308,421 $6,019 5.24%
    Asian 11 $5,235,000 $475,909 $7,482 5.95%
    American Indian 4 $1,500,000 $375,000 $9,897 5.75%

    Approval Rates

    Total approvals of all applications
    91.33%

    City National Bank Of Florida has an average approval rate.

    Pick Rate

    Approvals leading to origination
    72.12%

    City National Bank Of Florida has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 825 $753,485,000 $913,315

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    825 $753,485,000 $913,315

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 40 $25,260,000 $631,500 $8,755 6.09%
    40-60% 108 $88,950,000 $823,611 $9,391 6.02%
    60-80% 268 $289,580,000 $1,080,522 $10,517 6.26%
    80-100% 380 $178,050,000 $468,553 $8,132 5.79%
    Over 100% 7 $3,165,000 $452,143 $16,329 5.94%
    Under 20% 10 $8,650,000 $865,000 $10,314 6.19%