United Bank A Division Of Citizens Community Federal N A Mortgage Rates, Fees & Info

Osseo, WI

LEI: 54930003F1EMW6SYJ110

Tax ID: 39-0267420

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • 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

    United Bank A Division Of Citizens Community Federal N A is a smaller bank specializing in Home Purchase loans. United Bank A Division Of Citizens Community Federal N A has a high proportion of conventional loans. Their top (well, only) market is Eau Claire.

    United Bank A Division Of Citizens Community Federal N A has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. United Bank A Division Of Citizens Community Federal N A 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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    Originations

    143

    Origination Dollar Volume (All Markets)

    $32,145,000

    Awards

    United Bank a division of Citizens Community Federal N A 30 Year Conventional Loans silver United Bank a division of Citizens Community Federal N A 30 Year Conventional Loans bronze
    Show all (2) awards

    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
    EAU CLAIRE, WI (FHA|USDA|VA) 94 $21,870,000 $232,660 $2,758 4.47%
    Outside of Metro Areas 49 $10,275,000 $209,694 $2,652 4.41%
    United Bank A Division Of Citizens Community Federal N A's top markets include and Eau Claire among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against United Bank a division of Citizens Community Federal N A based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Prevail Bank
    Similarity Rank: 27
    United Bank a division of Citizens Community Federal N A
    Similarity Rank: 44
    CO-OP Credit Union
    Similarity Rank: 144
    WESTconsin Credit Union
    Similarity Rank: 270
    Royal Credit Union
    Similarity Rank: 630
    Citizens Community Federal
    Similarity Rank: 690
    Merchants Bank
    Similarity Rank: 696
    Associated Bank
    Similarity Rank: 780
    American Mortgage & Equity Consultants, Inc.
    Similarity Rank: 833
    Bankers' Bank
    Similarity Rank: 990

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 143 $32,145,000 $224,790 $2,722 4.45%

    For 2018, United Bank A Division Of Citizens Community Federal N A's most frequently originated type of loan was Conventional, with 143 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 115 $26,055,000 $226,565 $2,758 4.46%
    Cash Out Refi 16 $2,140,000 $133,750 $2,456 4.37%
    Refi 10 $3,800,000 $380,000 $2,713 4.38%
    Home Improvement 2 $150,000 $75,000 $2,992 4.88%

    For 2018, United Bank A Division Of Citizens Community Federal N A's most frequently cited loan purpose was Home Purchase, with 115 originations. The 2nd most popular reason was Cash Out Refi, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 101 $21,245,000 $210,347 $2,923 4.55%
    15 Year 25 $5,015,000 $200,600 $2,062 3.99%
    20 Year 7 $1,375,000 $196,429 $2,103 4.07%
    5 Year 5 $885,000 $177,000 $0 5.13%
    10 Year 2 $840,000 $420,000 $1,476 4.19%
    Other 2 $2,660,000 $1,330,000 $0 4.54%
    3 Year 1 $125,000 $125,000 $0 4.50%

    For 2018, United Bank A Division Of Citizens Community Federal N A's most frequently cited loan duration was 30 Year, with 101 originations. The 2nd most popular length was 15 Year, with 25 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 60 $11,220,000 $187,000
    $1k-2k 49 $11,215,000 $228,878
    $2k-3k 12 $2,230,000 $185,833
    $3k-4k 4 $1,140,000 $285,000
    $5k+ 4 $1,110,000 $277,500
    $4k-5k 1 $455,000 $455,000

    United Bank A Division Of Citizens Community Federal N A's average total fees were $2,923, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 60 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 105 $24,055,000 $229,095
    3-4% 32 $7,010,000 $219,063
    5-6% 5 $885,000 $177,000
    6-7% 1 $195,000 $195,000

    During 2018, United Bank A Division Of Citizens Community Federal N A's average interest rate for loans was 4.55%, while their most frequently originated rate bucket for loans was 4-5%, with 105 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 57 $8,495,000 $149,035 $2,548 4.42%
    $200k-400k 51 $14,015,000 $274,804 $3,096 4.47%
    $100,000 or less 21 $1,465,000 $69,762 $2,067 4.60%
    $400k-600k 13 $5,755,000 $442,692 $2,917 4.24%
    $1MM+ 1 $2,415,000 $2,415,000 $0 4.13%

    2018 saw United Bank A Division Of Citizens Community Federal N A place emphasis on $100k-200k loans with 57 originations, totaling $8,495,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 34 $8,350,000 $245,588 $2,562 4.41%
    $50k-75k 30 $4,860,000 $162,000 $2,987 4.56%
    $75k-100k 26 $5,250,000 $201,923 $2,664 4.38%
    $50k or less 25 $3,525,000 $141,000 $2,358 4.46%
    $150k-250k 13 $3,885,000 $298,846 $3,700 4.43%
    $250k+ 5 $1,855,000 $371,000 $2,847 4.60%

    United Bank A Division Of Citizens Community Federal N A lent most frequently to those with incomes in the $100k-150k range, with 34 originations. The second most popular income band? $50k-75k, with 30 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 30 $5,900,000 $196,667 $2,550 4.50%
    30-36% 20 $4,940,000 $247,000 $3,156 4.35%
    48% 9 $1,855,000 $206,111 $3,177 4.50%
    45% 9 $1,605,000 $178,333 $2,229 4.21%
    <20% 9 $1,815,000 $201,667 $1,907 4.48%
    44% 7 $1,675,000 $239,286 $2,781 4.43%
    36% 6 $820,000 $136,667 $2,224 4.44%
    40% 6 $1,130,000 $188,333 $2,659 4.52%
    42% 4 $850,000 $212,500 $3,995 4.63%
    38% 4 $1,000,000 $250,000 $2,677 4.69%
    39% 4 $530,000 $132,500 $2,824 4.50%
    43% 4 $1,250,000 $312,500 $2,969 4.19%
    47% 4 $940,000 $235,000 $2,358 4.72%
    49% 4 $750,000 $187,500 $2,234 4.38%
    50-60% 4 $690,000 $172,500 $2,576 4.63%
    37% 3 $655,000 $218,333 $4,884 4.38%
    41% 3 $615,000 $205,000 $2,783 4.58%
    46% 3 $635,000 $211,667 $2,339 4.38%
    >60% 1 $335,000 $335,000 $4,613 5.15%

    United Bank A Division Of Citizens Community Federal N A lent most frequently to those with DTI ratios of 20-30%, with 30 originations. The next most common DTI ratio? 30-36%, with 20 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 129 $27,115,000 $210,194 $2,756 4.45%
    Not applicable 5 $3,515,000 $703,000 $0 4.56%
    Not provided 8 $1,350,000 $168,750 $2,273 4.41%
    Black 1 $165,000 $165,000 $2,234 4.25%

    Approval Rates

    Total approvals of all applications
    90.96%

    United Bank A Division Of Citizens Community Federal N A has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.42%

    United Bank A Division Of Citizens Community Federal N A has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 143 $32,145,000 $224,790

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $2,415,000 $2,415,000
    Single Family (1-4 Units):Site-Built 142 $29,730,000 $209,366

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $735,000 $147,000 $1,172 4.57%
    40-60% 18 $3,420,000 $190,000 $1,945 4.39%
    60-80% 54 $13,450,000 $249,074 $2,641 4.42%
    80-100% 62 $14,360,000 $231,613 $3,194 4.43%
    Under 20% 4 $180,000 $45,000 $1,182 5.13%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    UNITED COMMUNITY BANK Conventional home mortgage Trouble during payment process 1 25.0%
    UNITED COMMUNITY BANK Other type of mortgage Trouble during payment process 1 25.0%
    UNITED COMMUNITY BANK Other type of mortgage Struggling to pay mortgage 1 25.0%
    UNITED COMMUNITY BANK Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%