Citizens Bank Mortgage Rates, Fees & Info
Mukwonago, WILEI: 5493002FSR6V2NM1K863
Tax ID: 39-0210030
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Citizens Bank is a smaller bank specializing in Home Purchase loans. Citizens Bank has a high proportion of conventional loans. Their top markets by origination volume include: Milwaukee, Whitewater, Racine, Watertown, and Chicago among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens Bank 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.
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Originations
86Origination Dollar Volume (All Markets)
$27,040,000Top 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 |
|---|---|---|---|---|---|
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 54 | $14,100,000 | $261,111 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 16 | $7,350,000 | $459,375 | $0 | 0.00% |
| RACINE, WI (FHA|USDA|VA) | 4 | $1,640,000 | $410,000 | $0 | 0.00% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $0 | 0.00% |
| Beaver Dam, WI (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $580,000 | $290,000 | $0 | 0.00% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Marinette, WI-MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Citizens Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 49
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 86 | $27,040,000 | $314,419 | $0 | 0.00% |
For 2024, Citizens Bank's most frequently originated type of loan was Conventional, with 86 originations.
Loan Reason
For 2024, Citizens Bank's most frequently cited loan purpose was Home Purchase, with 61 originations. The 2nd most popular reason was Refi, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 86 | $27,040,000 | $314,419 | $0 | 0.00% |
For 2024, Citizens Bank's most frequently cited loan duration was Other, with 86 originations.
Loan Sizing
2024 saw Citizens Bank place emphasis on $200k-400k loans with 33 originations, totaling $9,625,000 in origination value.
Applicant Income
Citizens Bank lent most frequently to those with incomes in the $75k-100k range, with 20 originations. The second most popular income band? $100k-150k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 86 | $27,040,000 | $314,419 | $0 | 0.00% |
Citizens Bank lent most frequently to those with DTI ratios of Exempt%, with 86 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.26%
Citizens Bank has an average approval rate.
Pick Rate
Approvals leading to origination83.72%
Citizens Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 86 | $27,040,000 | $314,419 |