Citizens State Bank Mortgage Rates, Fees & Info
Sealy, TXLEI: 254900LBMDUHY340Y645
Tax ID: 74-0557920
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Citizens State Bank is a smaller bank specializing in Home Purchase loans. Citizens State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Houston, El Campo, Austin, Corpus Christi, and Waco among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens State Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
114Origination Dollar Volume (All Markets)
$40,660,000Top 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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 100 | $35,530,000 | $355,300 | $0 | 0.00% |
| El Campo, TX (FHA|USDA|VA) | 5 | $1,565,000 | $313,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $1,405,000 | $468,333 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $1,015,000 | $1,015,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Bay City, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 114 | $40,660,000 | $356,667 | $0 | 0.00% |
For 2022, Citizens State Bank's most frequently originated type of loan was Conventional, with 114 originations.
Loan Reason
For 2022, Citizens State Bank's most frequently cited loan purpose was Home Purchase, with 85 originations. The 2nd most popular reason was Refi, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 114 | $40,660,000 | $356,667 | $0 | 0.00% |
For 2022, Citizens State Bank's most frequently cited loan duration was Other, with 114 originations.
Loan Sizing
2022 saw Citizens State Bank place emphasis on $200k-400k loans with 49 originations, totaling $14,465,000 in origination value.
Applicant Income
Citizens State Bank lent most frequently to those with incomes in the $150k-250k range, with 33 originations. The second most popular income band? $100k-150k, with 31 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 114 | $40,660,000 | $356,667 | $0 | 0.00% |
Citizens State Bank lent most frequently to those with DTI ratios of Exempt%, with 114 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.20%
Citizens State Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination91.23%
Citizens State Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 114 | $40,660,000 | $356,667 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Closing on a mortgage | 1 | 10.0% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Struggling to pay mortgage | 3 | 30.0% |
| CITIZENS FINANCIAL GROUP, INC. | Conventional home mortgage | Trouble during payment process | 4 | 40.0% |
| CITIZENS FINANCIAL GROUP, INC. | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 10.0% |
| CITIZENS FINANCIAL GROUP, INC. | VA mortgage | Trouble during payment process | 1 | 10.0% |