Mortgage lender · Brookfield, WI · LEI 549300RIPPSJXAQKZ383

CIBM Bank review: approval odds, rates and grade (2025)

CIBM Bank earns a B, better than most small mortgage lenders. It turned down 4.6% of the applications it decided on in 2025, which ranks in the 75th percentile for approval odds. Its median loan was priced 0.23 points above the average prime offer rate, ranking in the 55th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

764Applications2025
72.9%Originatedof applications
4.6%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$202MLoan volume22 states

CIBM Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

3.5%Denial rate (all applications)-14.45 pts vs national
4.6%Denial rate (decided applications)-18.01 pts vs national
72.9%Origination rate+14.88 pts vs national
19.9%Withdrawn by applicant
2.9%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.23Median rate spread (pts over APOR)-0.03 pts vs national
$285,000Median loan amount
$4,336Median total loan costs
$114kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

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%

75th4.6% denied

Pricingmedian rate spread over APOR, weight 30%

55th0.23 pts

Processwithdrawn + incomplete share, weight 15%

14th22.8%

Closing coststotal loan costs ÷ loan amount, weight 10%

65th1.52% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,2359066.2%7.7%6.75%$270M
20241,0868113.8%4.8%7.00%$255M
20257645573.5%4.6%6.63%$202M

What CIBM Bank 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

Home purchase 583 76% · 3.6% denied
Refinance 134 18% · 2.2% denied
Cash-out refinance 39 5% · 7.7% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 7 1% · 0.0% denied

By loan type

Conventional 641 84% · 2.0% denied
FHA 92 12% · 14.1% denied
VA 28 4% · 0.0% denied
USDA / RHS 3 0% · 33.3% denied

Also: 0 home-equity lines, 0 reverse mortgages, 8 manufactured homes, 34 investment properties.

Why CIBM Bank denies applications

Primary reason reported for each of the 27 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Debt-to-income ratio 11 41%
Collateral 7 26%
Other 4 15%
Credit history 2 7%
Insufficient cash 2 7%
Unverifiable information 1 4%

How these reasons compare nationally →

Who gets approved at CIBM Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k523811.6%
$50k – $100k2421797.1%
$100k – $150k1881404.0%
$150k – $250k1681190.8%
Over $250k91641.5%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2549380.0%
25–342772015.1%
35–441831345.6%
45–54120815.8%
55–6488654.4%
65–7435270.0%

Where CIBM Bank lends

22 states and 95 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Illinois3952724.3%6.63%#152
Wisconsin2432021.7%6.63%#134
Indiana35272.9%6.63%#389
New Jersey27143.7%6.50%#417
Florida8612.5%6.81%#979
Massachusetts8712.5%6.63%#472
Arizona750.0%7.00%#551
Rhode Island630.0%6.25%#232
Tennessee630.0%7.00%#717

Frequently asked questions

CIBM Bank denied 4.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 75th percentile of small mortgage lenders.

The most common reason CIBM Bank gave in 2025 was "debt-to-income ratio", cited on 40.7% 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 CIBM Bank originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.23 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 76% of its applications were for home purchases, 23% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 84% conventional, 12% FHA, 4% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with CIBM Bank. Data sources · Methodology