CIBC Bank USA at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
49th10.0% deniedPricingmedian rate spread over APOR, weight 30%
85th-0.06 ptsProcesswithdrawn + incomplete share, weight 15%
23rd18.5%Closing coststotal loan costs ÷ loan amount, weight 10%
42nd2.13% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 664 | 458 | 10.7% | 13.3% | 6.25% | $448M |
| 2024 | 650 | 474 | 10.9% | 12.9% | 6.25% | $923M |
| 2025 | 750 | 541 | 8.1% | 10.0% | 6.00% | $1.1B |
What CIBC Bank USA lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 38 investment properties.
Why CIBC Bank USA denies applications
Primary reason reported for each of the 61 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at CIBC Bank USA
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 89 | 60 | 19.5% |
| $50k – $100k | 264 | 165 | 13.0% |
| $100k – $150k | 73 | 44 | 19.6% |
| $150k – $250k | 64 | 54 | 1.8% |
| Over $250k | 191 | 155 | 4.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 25 | 15 | 16.7% |
| 25–34 | 185 | 121 | 11.4% |
| 35–44 | 168 | 127 | 7.9% |
| 45–54 | 154 | 107 | 12.8% |
| 55–64 | 107 | 81 | 11.8% |
| 65–74 | 61 | 45 | 6.3% |
Where CIBC Bank USA lends
31 states and 148 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Illinois | 367 | 243 | 9.5% | 6.25% | #162 |
| Florida | 69 | 49 | 4.4% | 5.75% | #551 |
| Wisconsin | 60 | 41 | 8.3% | 6.13% | #311 |
| California | 42 | 36 | 4.8% | 6.38% | #546 |
| Missouri | 34 | 24 | 5.9% | 5.75% | #388 |
| Michigan | 26 | 18 | 11.5% | 6.22% | #404 |
| Texas | 16 | 15 | 0.0% | 5.88% | #892 |
| Arizona | 14 | 10 | 14.3% | 6.06% | #459 |
| Georgia | 13 | 11 | 7.7% | 5.63% | #631 |
| New York | 12 | 8 | 8.3% | 6.05% | #456 |
| Massachusetts | 11 | 10 | 9.1% | 5.81% | #452 |
| Indiana | 9 | 9 | 0.0% | 6.13% | #552 |
| North Carolina | 9 | 8 | 0.0% | 5.64% | #640 |
| Colorado | 8 | 8 | 0.0% | 5.75% | #533 |
| South Carolina | 8 | 5 | 12.5% | 5.88% | #562 |
| Ohio | 6 | 6 | 0.0% | 6.14% | #690 |
| Virginia | 6 | 6 | 0.0% | 5.75% | #625 |
| Pennsylvania | 5 | 5 | 0.0% | 5.88% | #787 |
| Utah | 5 | 4 | 20.0% | 5.56% | #338 |
Frequently asked questions
CIBC Bank USA denied 10.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 49th percentile of small mortgage lenders.
The most common reason CIBC Bank USA gave in 2025 was "debt-to-income ratio", cited on 32.8% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans CIBC Bank USA originated in 2025 was 6.00%, and its median rate spread over the average prime offer rate was -0.06 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 83% of its applications were for home purchases, 10% for refinancing (including cash-out), and 7% for home improvement or other purposes. By loan type: 81% conventional, 18% FHA, 1% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.