The Citizens National Bank Mortgage Rates, Fees & Info

Woodsfield, OH

LEI: 2549000UUHZDEKIZ2Z84

Tax ID: 34-0144365

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    The Citizens National Bank is a smaller bank specializing in Refi and Home Purchase loans. The Citizens National Bank has a high proportion of conventional loans. Their top two markets are Wheeling and Cambridge .

    The Citizens National Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

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    Originations

    76

    Origination Dollar Volume (All Markets)

    $7,850,000

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Outside of Metro Areas 44 $4,060,000 $92,273 $1,102 3.93%
    WHEELING, WV-OH (FHA|USDA|VA) 23 $2,825,000 $122,826 $1,171 4.10%
    Cambridge, OH (FHA|USDA|VA) 9 $965,000 $107,222 $1,031 4.00%
    The Citizens National Bank's top markets include Wheeling and Cambridge among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 76 $7,850,000 $103,289 $1,111 3.99%

    For 2018, The Citizens National Bank's most frequently originated type of loan was Conventional, with 76 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 42 $4,470,000 $106,429 $1,081 3.86%
    Home Purchase 26 $2,790,000 $107,308 $1,233 4.25%
    Home Improvement 7 $555,000 $79,286 $1,124 3.83%
    Other 1 $35,000 $35,000 $150 3.89%

    For 2018, The Citizens National Bank's most frequently cited loan purpose was Refi, with 42 originations. The 2nd most popular reason was Home Purchase, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 34 $3,580,000 $105,294 $1,084 4.04%
    Other 17 $2,015,000 $118,529 $1,148 3.52%
    20 Year 13 $1,205,000 $92,692 $1,163 4.54%
    15 Year 7 $535,000 $76,429 $1,041 4.33%
    5 Year 4 $310,000 $77,500 $1,241 3.29%
    3 Year 1 $205,000 $205,000 $900 3.29%

    For 2018, The Citizens National Bank's most frequently cited loan duration was 10 Year, with 34 originations. The 2nd most popular length was Other, with 17 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 45 $5,405,000 $120,111
    4-5% 24 $1,890,000 $78,750
    5-6% 4 $430,000 $107,500

    During 2018, The Citizens National Bank's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 45 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 44 $2,310,000 $52,500 $1,001 4.07%
    $100k-200k 21 $2,855,000 $135,952 $1,215 3.90%
    $200k-400k 11 $2,685,000 $244,091 $1,305 3.84%

    2018 saw The Citizens National Bank place emphasis on $100,000 or less loans with 44 originations, totaling $2,310,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 22 $1,950,000 $88,636 $1,168 3.92%
    $75k-100k 16 $1,310,000 $81,875 $1,159 3.99%
    $50k-75k 13 $1,145,000 $88,077 $1,091 3.92%
    $100k-150k 11 $1,355,000 $123,182 $1,204 4.01%
    $150k-250k 7 $1,215,000 $173,571 $981 3.86%
    $250k+ 3 $515,000 $171,667 $1,209 4.02%

    The Citizens National Bank lent most frequently to those with incomes in the $50k or less range, with 22 originations. The second most popular income band? $75k-100k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 19 $2,345,000 $123,421 $1,039 4.02%
    <20% 16 $1,410,000 $88,125 $1,063 3.90%
    30-36% 8 $990,000 $123,750 $1,104 3.83%
    50-60% 6 $550,000 $91,667 $1,145 3.94%
    41% 5 $615,000 $123,000 $1,155 3.61%
    >60% 2 $220,000 $110,000 $1,769 3.79%
    37% 2 $60,000 $30,000 $1,069 4.39%
    38% 2 $80,000 $40,000 $1,319 4.54%
    39% 2 $350,000 $175,000 $1,569 4.29%
    46% 2 $220,000 $110,000 $1,035 4.04%
    49% 2 $140,000 $70,000 $1,087 3.59%
    36% 1 $45,000 $45,000 $1,069 4.29%
    45% 1 $125,000 $125,000 $1,050 4.19%
    40% 1 $155,000 $155,000 $1,587 3.29%

    The Citizens National Bank lent most frequently to those with DTI ratios of 20-30%, with 19 originations. The next most common DTI ratio? <20%, with 16 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 72 $7,530,000 $104,583 $1,131 3.95%
    Not applicable 2 $250,000 $125,000 $0 5.29%
    American Indian 2 $70,000 $35,000 $525 3.89%

    Approval Rates

    Total approvals of all applications
    89.69%

    The Citizens National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.53%

    The Citizens National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 76 $7,850,000 $103,289

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $225,000 $225,000
    Single Family (1-4 Units):Manufactured 3 $145,000 $48,333
    Single Family (1-4 Units):Site-Built 72 $7,480,000 $103,889

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $700,000 $70,000 $973 3.92%
    40-60% 14 $1,590,000 $113,571 $1,116 3.93%
    60-80% 32 $3,740,000 $116,875 $1,184 4.07%
    80-100% 18 $1,750,000 $97,222 $1,146 3.94%
    Under 20% 2 $70,000 $35,000 $526 3.89%