Citizens & Northern Bank Mortgage Rates, Fees & Info
Wellsboro, PALEI: 254900SK7KTN4QNPHP32
Tax ID: 24-0756925
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Mortgage Data
Review & Overview
Citizens & Northern Bank is a smaller bank specializing in Home Purchase loans. Citizens & Northern Bank has a high proportion of conventional loans. Their top markets by origination volume include: Sayre, Philadelphia, Williamsport, Lancaster, and Binghamton among others. We have data for 36 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens & Northern 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. Citizens & Northern Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.72% | 4/5/25 |
| 30 Year Conventional Purchase | 7.17% | 4/5/25 |
| 30 Year Conventional Refi | 7.27% | 4/5/25 |
| 30 Year Cash-out Refi | 7.14% | 4/5/25 |
| 15 Year Conventional Purchase | 8.66% | 4/5/25 |
| 15 Year Conventional Refi | 7.45% | 4/5/25 |
| 15 Year Cash-out Refi | 7.45% | 4/5/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Citizens & Northern Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Citizens & Northern Bank. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
788Origination Dollar Volume (All Markets)
$143,600,000Relative Rate
Citizens & Northern Bank's average 30 year fixed mortgage rate was
6.99%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.44%.
Relative Fees (Closing Costs)
Citizens & Northern Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,867.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
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 | 247 | $32,605,000 | $132,004 | $4,572 | 7.75% |
| Sayre, PA (FHA|USDA|VA) | 243 | $31,745,000 | $130,638 | $5,188 | 7.54% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 69 | $27,465,000 | $398,043 | $12,737 | 7.85% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 68 | $8,530,000 | $125,441 | $4,445 | 7.90% |
| LANCASTER, PA (FHA|USDA|VA) | 12 | $6,180,000 | $515,000 | $9,088 | 7.64% |
| BINGHAMTON, NY (FHA|USDA|VA) | 30 | $4,260,000 | $142,000 | $4,707 | 7.41% |
| Corning, NY (FHA|USDA|VA) | 20 | $4,000,000 | $200,000 | $5,756 | 7.24% |
| ELMIRA, NY (FHA|USDA|VA) | 21 | $3,675,000 | $175,000 | $5,348 | 7.51% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 9 | $3,665,000 | $407,222 | $7,311 | 7.72% |
| LEBANON, PA (FHA|USDA|VA) | 3 | $2,265,000 | $755,000 | $5,220 | 7.17% |
| Sunbury, PA (FHA|USDA|VA) | 7 | $2,185,000 | $312,143 | $6,733 | 7.42% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 5 | $1,705,000 | $341,000 | $8,195 | 7.48% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 5 | $1,655,000 | $331,000 | $14,842 | 7.95% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 2 | $1,610,000 | $805,000 | $0 | 8.09% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $1,335,000 | $1,335,000 | $0 | 8.50% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 3 | $1,285,000 | $428,333 | $18,213 | 7.54% |
| Bradford, PA (FHA|USDA|VA) | 7 | $1,075,000 | $153,571 | $6,738 | 7.43% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $4,335 | 6.97% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $995,000 | $995,000 | $0 | 8.00% |
| Lock Haven, PA (FHA|USDA|VA) | 7 | $765,000 | $109,286 | $4,450 | 8.28% |
| READING, PA (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $4,227 | 7.45% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,779 | 7.50% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $7,385 | 7.25% |
| ROCHESTER, NY (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $6,209 | 7.44% |
| Selinsgrove, PA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $8,598 | 7.13% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $8,887 | 7.00% |
| Lewisburg, PA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $6,519 | 6.50% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 7.65% |
| ITHACA, NY (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $8,735 | 7.00% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,534 | 6.13% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 6.99% |
| UTICA-ROME, NY (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,564 | 7.00% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,990 | 6.88% |
| DuBois, PA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $7,343 | 8.44% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,871 | 7.38% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,903 | 7.56% |
Similar Lenders
We use machine learning to identify the top lenders compared against Citizens & Northern Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 504 | $111,030,000 | $220,298 | $5,376 | 7.39% |
| HELOC | 284 | $32,570,000 | $114,683 | n/a | 8.13% |
For 2024, Citizens & Northern Bank's most frequently originated type of loan was Conventional, with 504 originations. Their 2nd most popular type was HELOC, with 284 originations.
Loan Reason
For 2024, Citizens & Northern Bank's most frequently cited loan purpose was Home Purchase, with 393 originations. The 2nd most popular reason was Other, with 166 originations.
Loan Duration/Length
For 2024, Citizens & Northern Bank's most frequently cited loan duration was Other, with 320 originations. The 2nd most popular length was 30 Year, with 195 originations.
Origination Fees/Closing Costs
Citizens & Northern Bank's average total fees were $5,867, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 106 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 265 | $30,485,000 | $115,038 |
| 6-7% | 253 | $56,255,000 | $222,352 |
| 7-8% | 252 | $53,190,000 | $211,071 |
| 5-6% | 17 | $3,495,000 | $205,588 |
| 4-5% | 1 | $175,000 | $175,000 |
During 2024, Citizens & Northern Bank's average interest rate for loans was 6.99%, while their most frequently originated rate bucket for loans was Over 8%, with 265 originations.
Loan Sizing
2024 saw Citizens & Northern Bank place emphasis on $100,000 or less loans with 334 originations, totaling $16,900,000 in origination value.
Applicant Income
Citizens & Northern Bank lent most frequently to those with incomes in the $100k-150k range, with 152 originations. The second most popular income band? $50k-75k, with 135 originations.
Applicant Debt to Income Ratio
Citizens & Northern Bank lent most frequently to those with DTI ratios of 20-30%, with 179 originations. The next most common DTI ratio? 30-36%, with 156 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.43%
Citizens & Northern Bank has an average approval rate.
Pick Rate
Approvals leading to origination79.70%
Citizens & Northern Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 308.0 | 12 | $490,000 | $40,833 |
| NA | 776 | $143,110,000 | $184,420 |