# CIBC Bank USA

> **Canonical URL:** https://saferate.com/lenders/cibc-bank-usa


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


CIBC Bank USA is a bank, headquartered in Chicago, IL, serving borrowers across 28 states, with 357 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 21% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 46% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** FDXQ75GPEQKRPWABYN63
- **Headquarters:** Chicago, IL
- **Geographic Reach:** Near-National
- **States Served:** 28
- **State List:** AZ, CA, CO, CT, DC, FL, GA, IL, IN, MA, MI, MN, MO, MT, NC, NJ, NV, NY, OH, PA, SC, TN, TX, UT, VA, VT, WA, WI
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 79/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 54/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.034%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $-558
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 357
- **Dollar Volume:** $180 million
- **Applications Received:** 507
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $503,235
- **Average Borrower Income:** $262,028
- **Average Property Value:** $721,303

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (71%)
- ⭐ **Jumbo Gold Superstar** (63%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 43/100 | 241 | +0.024% | $-606 | Sound ☺️ |
| FHA | 60/100 | 56 | +0.465% | $-2,185 | Strong 😀 |
| Jumbo | 72/100 | 54 | -0.287% | $1,186 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 222 loans, Score: 44/100 (Sound)

**FHA:**
- Purchase: 56 loans, Score: 60/100 (Strong)

**Jumbo:**
- Purchase: 46 loans, Score: 73/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 49/100 | 330 | $159M | +0.051% | Sound ☺️ |
| Refinance | 32/100 | 27 | $21M | -0.178% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IL | 199 | 0.16% | 73/100 |
| MO | 23 | 0.03% | 48/100 |
| FL | 19 | 0.01% | 42/100 |
| MI | 19 | 0.02% | 46/100 |
| WI | 19 | 0.03% | 47/100 |
| CA | 11 | 0.00% | 38/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Chicago | IL | 185 | 75/100 |
| St. Louis, MO | MO-IL | 23 | 52/100 |
| Detroit | MI | 14 | 47/100 |
| Milwaukee | WI | 13 | 45/100 |

## Where This Lender Ranks

CIBC Bank USA appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#7** in Chicago for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#15** in Chicago Banks
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders/banks)
- 🏆 **#15** in Chicago for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/chicago/best-mortgage-lenders/banks/jumbo-loans)

## Frequently Asked Questions

### What loan types does CIBC Bank USA offer?

CIBC Bank USA offers the following mortgage loan types: FHA, Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does CIBC Bank USA offer mortgages?

CIBC Bank USA offers mortgages in 28 states: AZ, CA, CO, CT, DC, FL, GA, IL, IN, MA, MI, MN, MO, MT, NC, NJ, NV, NY, OH, PA, SC, TN, TX, UT, VA, VT, WA, WI.

### How competitive are CIBC Bank USA's mortgage rates?

CIBC Bank USA has a pricing score of 79/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.034% above market average.

### What type of lender is CIBC Bank USA?

CIBC Bank USA is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Chicago, IL.

### What is CIBC Bank USA's loan approval success rate?

CIBC Bank USA has a pull-through score of 54/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/cibc-bank-usa

### How to Cite

> "CIBC Bank USA Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/cibc-bank-usa

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