The Citizens Bank Of Georgia Mortgage Rates, Fees & Info

CUMMING, GA

LEI: 254900LWBQAKENOJRT60

Tax ID: 58-2266450

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

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 Bank Of Georgia is a smaller bank specializing in Refi and Home Purchase loans. The Citizens Bank Of Georgia has a high proportion of conventional loans. Their top markets by origination volume include: Atlanta, Gainesville, and Athens among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Citizens Bank Of Georgia 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.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    53

    Origination Dollar Volume (All Markets)

    $10,945,000

    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
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 35 $7,345,000 $209,857 $0 0.00%
    Outside of Metro Areas 13 $3,165,000 $243,462 $0 0.00%
    GAINESVILLE, GA (FHA|USDA|VA) 3 $285,000 $95,000 $0 0.00%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $150,000 $75,000 $0 0.00%
    The Citizens Bank Of Georgia's top markets include Atlanta, Gainesville, and Athens among others.

    Their top states include:
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 53 $10,945,000 $206,509 $0 0.00%

    For 2024, The Citizens Bank Of Georgia's most frequently originated type of loan was Conventional, with 53 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 30 $3,580,000 $119,333 $0 0.00%
    Home Purchase 19 $6,975,000 $367,105 $0 0.00%
    Home Improvement 2 $160,000 $80,000 $0 0.00%
    Other 2 $230,000 $115,000 $0 0.00%

    For 2024, The Citizens Bank Of Georgia's most frequently cited loan purpose was Refi, with 30 originations. The 2nd most popular reason was Home Purchase, with 19 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 53 $10,945,000 $206,509 $0 0.00%

    For 2024, The Citizens Bank Of Georgia's most frequently cited loan duration was Other, with 53 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 23 $1,165,000 $50,652 $0 0.00%
    $100k-200k 13 $1,765,000 $135,769 $0 0.00%
    $200k-400k 8 $2,190,000 $273,750 $0 0.00%
    $400k-600k 6 $2,840,000 $473,333 $0 0.00%
    $600k-1MM 2 $1,470,000 $735,000 $0 0.00%
    $1MM+ 1 $1,515,000 $1,515,000 $0 0.00%

    2024 saw The Citizens Bank Of Georgia place emphasis on $100,000 or less loans with 23 originations, totaling $1,165,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 8 $1,360,000 $170,000 $0 0.00%
    $250k+ 7 $3,625,000 $517,857 $0 0.00%
    $100k-150k 5 $1,015,000 $203,000 $0 0.00%
    $150k-250k 5 $1,205,000 $241,000 $0 0.00%
    $50k or less 5 $575,000 $115,000 $0 0.00%
    $50k-75k 4 $530,000 $132,500 $0 0.00%

    The Citizens Bank Of Georgia lent most frequently to those with incomes in the $75k-100k range, with 8 originations. The second most popular income band? $250k+, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 53 $10,945,000 $206,509 $0 0.00%

    The Citizens Bank Of Georgia lent most frequently to those with DTI ratios of Exempt%, with 53 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 36 $8,400,000 $233,333 $0 0.00%
    Not applicable 17 $2,545,000 $149,706 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.74%

    The Citizens Bank Of Georgia has an average approval rate.

    Pick Rate

    Approvals leading to origination
    98.11%

    The Citizens Bank Of Georgia has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 53 $10,945,000 $206,509

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    53 $10,945,000 $206,509