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CIBC Bank USA

Bank|Chicago, IL|Near-National
Loans Originated
357
Applications
507
Volume
$179 million
Offers loans directly to consumers
Overall Pricing
Strong
Overall Pull Through
Sound
Safe Rate AwardsFHA SuperstarJumbo Superstar

Pricing and Pullthrough Overview

Average Rate Spread
+0.034%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
-$558
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
70.4%
Percentage of applications that result in closed loans

Safe Rate's Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees
  • Particularly strong in FHA and Jumbo loans
  • Nationwide availability with consistent service

Report Card

CIBC Bank USA performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
StrongHighly Competitive
Pull Through
Closing Strength
SoundIndustry Standard
Products
Loan Type Specialists
Specialization score by loan product
Conventional
SoundIndustry Standard
FHA
StrongHighly Competitive
Jumbo
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
AcceptableNear industry average
Places
Geographic coverage
SoundNear-National · 4 metro areas · 28 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

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

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Sound
Sound
Exceptional
Acceptable
24167.5%+0.024%-$606
FHA Loans
Strong
Strong
Exceptional
Sound
5615.7%+0.465%-$2,185
Jumbo Loans
Strong
Strong
Sound
Strong
5415.1%-0.287%$1,186

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Sound
Sound
Strong
Sound
33092.4%+0.051%-$677
Refinance
Sound
Acceptable
Strong
Sound
277.6%-0.178%$980

Geographic Coverage

Metro Areas
4
States Served
28
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

AZCACOCTDCFLGAILINMAMIMNMOMTNCNJNVNYOHPASCTNTXUTVAVTWAWI

Top Metro Areas by Place Specialization Score

1
Chicago, ILMSA
Volume: 185Mix: 51.82%
Place Specialization
Strong
2
St. Louis, MO, MO-ILMSA
Volume: 23Mix: 6.44%
Place Specialization
Sound
3
Detroit, MIMSA
Volume: 14Mix: 3.92%
Place Specialization
Sound
4
Milwaukee, WIMSA
Volume: 13Mix: 3.64%
Place Specialization
Sound

Top States by Place Specialization Score

1
ILState
Volume: 199Mix: 55.74%
Place Specialization
Strong
2
MOState
Volume: 23Mix: 6.44%
Place Specialization
Sound
3
WIState
Volume: 19Mix: 5.32%
Place Specialization
Sound
4
MIState
Volume: 19Mix: 5.32%
Place Specialization
Sound
5
FLState
Volume: 19Mix: 5.32%
Place Specialization
Sound
6
CAState
Volume: 11Mix: 3.08%
Place Specialization
Acceptable

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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