City National Bank 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 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
27th17.9% deniedPricingmedian rate spread over APOR, weight 30%
94th-0.25 ptsProcesswithdrawn + incomplete share, weight 15%
31st20.6%Closing coststotal loan costs ÷ loan amount, weight 10%
94th0.77% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 2,910 | 1,819 | 19.4% | 23.4% | 6.63% | $2.2B |
| 2024 | 2,542 | 1,363 | 24.0% | 30.7% | 6.53% | $1.4B |
| 2025 | 5,237 | 3,375 | 14.2% | 17.9% | 5.95% | $4.3B |
What City National 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
By loan type
Also: 761 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 143 investment properties.
Why City National Bank denies applications
Primary reason reported for each of the 745 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at City National Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 47 | 11 | 73.8% |
| $50k – $100k | 307 | 162 | 35.5% |
| $100k – $150k | 613 | 389 | 21.8% |
| $150k – $250k | 1,231 | 830 | 16.8% |
| Over $250k | 2,523 | 1,653 | 13.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 47 | 29 | 21.6% |
| 25–34 | 1,255 | 854 | 13.0% |
| 35–44 | 1,612 | 1,052 | 14.5% |
| 45–54 | 905 | 577 | 20.3% |
| 55–64 | 605 | 363 | 26.8% |
| 65–74 | 289 | 165 | 28.5% |
| Over 74 | 151 | 81 | 30.8% |
Where City National Bank lends
47 states and 283 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| California | 4,042 | 2,576 | 14.3% | 6.03% | #51 |
| New York | 240 | 146 | 19.2% | 5.79% | #191 |
| Washington | 227 | 175 | 3.5% | 5.38% | #180 |
| Tennessee | 106 | 73 | 10.4% | 5.49% | #313 |
| Florida | 74 | 32 | 32.4% | 5.85% | #538 |
| New Jersey | 63 | 35 | 25.4% | 5.98% | #326 |
| Nevada | 50 | 27 | 32.0% | 5.85% | #208 |
| Colorado | 38 | 25 | 13.2% | 5.88% | #339 |
| Arizona | 35 | 24 | 14.3% | 6.18% | #356 |
| Texas | 30 | 23 | 10.0% | 5.60% | #800 |
| Georgia | 23 | 14 | 21.7% | 5.67% | #553 |
| Massachusetts | 23 | 16 | 13.0% | 5.50% | #403 |
| Connecticut | 22 | 18 | 9.1% | 5.98% | #286 |
| Virginia | 20 | 12 | 10.0% | 5.88% | #490 |
| Hawaii | 17 | 11 | 17.7% | 5.91% | #141 |
| Illinois | 17 | 11 | 11.8% | 5.49% | #620 |
| Maryland | 17 | 14 | 5.9% | 6.20% | #423 |
| Idaho | 15 | 10 | 6.7% | 5.49% | #244 |
| South Carolina | 15 | 11 | 13.3% | 5.61% | #489 |
| Utah | 15 | 12 | 6.7% | 5.48% | #256 |
| District of Columbia | 14 | 13 | 7.1% | 5.65% | #156 |
| North Carolina | 13 | 7 | 15.4% | 6.19% | #584 |
| Pennsylvania | 13 | 11 | 7.7% | 5.58% | #649 |
| Montana | 10 | 7 | 10.0% | 6.21% | #185 |
| Maine | 9 | 7 | 0.0% | 5.55% | #228 |
| Minnesota | 9 | 8 | 0.0% | 5.55% | #481 |
| Oregon | 9 | 7 | 0.0% | 5.75% | #375 |
| Vermont | 8 | 5 | 0.0% | 5.93% | #119 |
| Michigan | 7 | 3 | 0.0% | 6.00% | #550 |
| Ohio | 7 | 5 | 0.0% | 5.46% | #653 |
| Missouri | 6 | 4 | 16.7% | 5.74% | #574 |
| Indiana | 5 | 3 | 0.0% | 5.60% | #641 |
| New Hampshire | 5 | 3 | 40.0% | 5.63% | #326 |
| Oklahoma | 5 | 4 | 0.0% | 5.90% | #480 |
Frequently asked questions
City National Bank denied 17.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 27th percentile of mid-size mortgage lenders.
The most common reason City National Bank gave in 2025 was "debt-to-income ratio", cited on 58.0% 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 City National Bank originated in 2025 was 5.95%, and its median rate spread over the average prime offer rate was -0.25 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 59% of its applications were for home purchases, 27% for refinancing (including cash-out), and 13% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% 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.