Citizens Bank & Trust Mortgage Rates, Fees & Info

Trenton, GA

LEI: 254900XASC5S67PMPM58

Tax ID: 58-1743960

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

Review & Overview

Citizens Bank & Trust is a smaller bank specializing in Refi and Home Purchase loans. Citizens Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chattanooga, Scottsboro, Fort Payne, Rome, and Dalton among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

Citizens Bank & Trust 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

136

Origination Dollar Volume (All Markets)

$14,120,000

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
CHATTANOOGA, TN-GA (FHA\|USDA\|VA)	68	$8,300,000	$122,059	$0	0.00%
Scottsboro, AL (FHA\|USDA\|VA)	42	$3,230,000	$76,905	$0	0.00%
Fort Payne, AL (FHA\|USDA\|VA)	21	$1,415,000	$67,381	$0	0.00%
ROME, GA (FHA\|USDA\|VA)	3	$655,000	$218,333	$0	0.00%
DALTON, GA (FHA\|USDA\|VA)	1	$345,000	$345,000	$0	0.00%
CLEVELAND, TN (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	0.00%

Citizens Bank & Trust's top markets include Chattanooga, Scottsboro, Fort Payne, Rome, and Dalton among others.

Their top states include:

Georgia (FHA|USDA|VA)

Alabama (FHA|USDA|VA)

Tennessee (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	136	$14,120,000	$103,824	$0	0.00%

For 2022, Citizens Bank & Trust's most frequently originated type of loan was Conventional, with 136 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	88	$7,010,000	$79,659	$0	0.00%
Home Purchase	37	$6,555,000	$177,162	$0	0.00%
Other	6	$300,000	$50,000	$0	0.00%
Home Improvement	5	$255,000	$51,000	$0	0.00%

For 2022, Citizens Bank & Trust's most frequently cited loan purpose was Refi, with 88 originations. The 2nd most popular reason was Home Purchase, with 37 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	136	$14,120,000	$103,824	$0	0.00%

For 2022, Citizens Bank & Trust's most frequently cited loan duration was Other, with 136 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	86	$4,440,000	$51,628	$0	0.00%
$100k-200k	38	$5,620,000	$147,895	$0	0.00%
$200k-400k	9	$2,245,000	$249,444	$0	0.00%
$600k-1MM	2	$1,330,000	$665,000	$0	0.00%
$400k-600k	1	$485,000	$485,000	$0	0.00%

2022 saw Citizens Bank & Trust place emphasis on $100,000 or less loans with 86 originations, totaling $4,440,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	36	$2,200,000	$61,111	$0	0.00%
$50k-75k	33	$3,425,000	$103,788	$0	0.00%
$75k-100k	26	$2,950,000	$113,462	$0	0.00%
$100k-150k	22	$3,050,000	$138,636	$0	0.00%
$150k-250k	7	$995,000	$142,143	$0	0.00%
$250k+	4	$1,110,000	$277,500	$0	0.00%

Citizens Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 36 originations. The second most popular income band? $50k-75k, with 33 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	136	$14,120,000	$103,824	$0	0.00%

Citizens Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 136 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	128	$12,230,000	$95,547	$0	0.00%
Asian Indian	6	$1,590,000	$265,000	$0	0.00%
Not applicable	1	$165,000	$165,000	$0	0.00%
Black	1	$135,000	$135,000	$0	0.00%

Approval Rates

Total approvals of all applications
99.31%

Citizens Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
94.85%

Citizens Bank & Trust has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	136	$14,120,000	$103,824

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	136	$14,120,000	$103,824

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%