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: Philadelphia, Sayre, Williamsport, New York, and Chambersburg 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 above average approval rate when compared to the average across all lenders. They have an above 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) | 6.27% | 12/16/24 |
| 30 Year Conventional Purchase | 6.49% | 12/16/24 |
| 30 Year Conventional Refi | 6.37% | 12/16/24 |
| 30 Year Cash-out Refi | 6.79% | 12/16/24 |
| 15 Year Conventional Purchase | 6.90% | 12/16/24 |
| 15 Year Conventional Refi | 6.65% | 12/16/24 |
| 15 Year Cash-out Refi | 6.65% | 12/16/24 |
| 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
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,095Origination Dollar Volume (All Markets)
$263,465,000Top 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 |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 126 | $101,160,000 | $802,857 | $4,653 | 4.99% |
| Outside of Metro Areas | 370 | $48,800,000 | $131,892 | $3,071 | 5.07% |
| Sayre, PA (FHA|USDA|VA) | 287 | $37,355,000 | $130,157 | $3,422 | 4.95% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 107 | $17,435,000 | $162,944 | $4,013 | 5.07% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 8 | $13,760,000 | $1,720,000 | $9,542 | 4.74% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 1 | $6,755,000 | $6,755,000 | $0 | 4.25% |
| BINGHAMTON, NY (FHA|USDA|VA) | 51 | $6,425,000 | $125,980 | $3,592 | 4.95% |
| ELMIRA, NY (FHA|USDA|VA) | 25 | $5,145,000 | $205,800 | $3,629 | 5.35% |
| Corning, NY (FHA|USDA|VA) | 35 | $4,915,000 | $140,429 | $3,603 | 5.09% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 3 | $2,805,000 | $935,000 | $0 | 5.40% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 7 | $2,145,000 | $306,429 | $6,343 | 4.59% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 6 | $1,990,000 | $331,667 | $0 | 4.80% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $1,725,000 | $1,725,000 | $0 | 5.14% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 4 | $1,660,000 | $415,000 | $3,644 | 4.75% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 5 | $1,475,000 | $295,000 | $0 | 5.59% |
| LANCASTER, PA (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $0 | 5.63% |
| Sunbury, PA (FHA|USDA|VA) | 6 | $970,000 | $161,667 | $3,884 | 4.85% |
| Bradford, PA (FHA|USDA|VA) | 11 | $945,000 | $85,909 | $1,612 | 5.61% |
| Lewisburg, PA (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $5,792 | 5.13% |
| ROCHESTER, NY (FHA|USDA|VA) | 4 | $720,000 | $180,000 | $4,876 | 5.38% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $5,432 | 3.88% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 6 | $690,000 | $115,000 | $2,591 | 4.61% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $3,067 | 5.38% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $4,748 | 5.42% |
| Selinsgrove, PA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $7,981 | 4.00% |
| St. Marys, PA (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $4,722 | 4.25% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $6,518 | 6.57% |
| Lock Haven, PA (FHA|USDA|VA) | 5 | $245,000 | $49,000 | $3,127 | 5.15% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,023 | 3.75% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,144 | 5.38% |
| ERIE, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,744 | 6.13% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 3.75% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,854 | 3.63% |
| ITHACA, NY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,732 | 6.87% |
| READING, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 5.88% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.00% |
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 | 756 | $226,360,000 | $299,418 | $3,476 | 5.13% |
| HELOC | 339 | $37,105,000 | $109,454 | n/a | 4.81% |
For 2022, Citizens & Northern Bank's most frequently originated type of loan was Conventional, with 756 originations. Their 2nd most popular type was HELOC, with 339 originations.
Loan Reason
For 2022, Citizens & Northern Bank's most frequently cited loan purpose was Home Purchase, with 503 originations. The 2nd most popular reason was Refi, with 249 originations.
Loan Duration/Length
For 2022, Citizens & Northern Bank's most frequently cited loan duration was Other, with 376 originations. The 2nd most popular length was 30 Year, with 254 originations.
Origination Fees/Closing Costs
Citizens & Northern Bank's average total fees were $4,341, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 331 originations.
Interest Rates
During 2022, Citizens & Northern Bank's average interest rate for loans was 5.01%, while their most frequently originated rate bucket for loans was 5-6%, with 358 originations.
Loan Sizing
2022 saw Citizens & Northern Bank place emphasis on $100,000 or less loans with 458 originations, totaling $24,070,000 in origination value.
Applicant Income
Citizens & Northern Bank lent most frequently to those with incomes in the $100k-150k range, with 238 originations. The second most popular income band? $50k-75k, with 214 originations.
Applicant Debt to Income Ratio
Citizens & Northern Bank lent most frequently to those with DTI ratios of 20-30%, with 291 originations. The next most common DTI ratio? 30-36%, with 206 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.71%
Citizens & Northern Bank has an average approval rate.
Pick Rate
Approvals leading to origination90.41%
Citizens & Northern Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 22 | $1,910,000 | $86,818 |
| 300.0 | 1 | $165,000 | $165,000 |
| 308.0 | 8 | $280,000 | $35,000 |
| 8.0 | 1 | $35,000 | $35,000 |
| NA | 1,063 | $261,075,000 | $245,602 |
LTV Distribution
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% |