The Citizens Bank Of Georgia Mortgage Rates, Fees & Info
CUMMING, GALEI: 254900LWBQAKENOJRT60
Tax ID: 58-2266450
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
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, Athens, Summerville, and Myrtle Beach among others. We have data for 8 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.
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Originations
60Origination Dollar Volume (All Markets)
$17,280,000Top 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 |
|---|---|---|---|---|---|
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 44 | $9,930,000 | $225,682 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $2,520,000 | $420,000 | $0 | 0.00% |
| GAINESVILLE, GA (FHA|USDA|VA) | 5 | $2,275,000 | $455,000 | $0 | 0.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $1,305,000 | $1,305,000 | $0 | 0.00% |
| Summerville, GA (FHA|USDA|VA) | 1 | $1,055,000 | $1,055,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Calhoun, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Crossville, TN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 60 | $17,280,000 | $288,000 | $0 | 0.00% |
For 2023, The Citizens Bank Of Georgia's most frequently originated type of loan was Conventional, with 60 originations.
Loan Reason
For 2023, The Citizens Bank Of Georgia's most frequently cited loan purpose was Refi, with 32 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 |
|---|---|---|---|---|---|
| Other | 60 | $17,280,000 | $288,000 | $0 | 0.00% |
For 2023, The Citizens Bank Of Georgia's most frequently cited loan duration was Other, with 60 originations.
Loan Sizing
2023 saw The Citizens Bank Of Georgia place emphasis on $100k-200k loans with 21 originations, totaling $3,075,000 in origination value.
Applicant Income
The Citizens Bank Of Georgia lent most frequently to those with incomes in the $250k+ range, with 11 originations. The second most popular income band? $50k or less, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 60 | $17,280,000 | $288,000 | $0 | 0.00% |
The Citizens Bank Of Georgia lent most frequently to those with DTI ratios of Exempt%, with 60 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.38%
The Citizens Bank Of Georgia has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination96.67%
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 | 60 | $17,280,000 | $288,000 |