Citizens First Bank Mortgage Rates, Fees & Info

Oneida, TN

LEI: 5493004G1R53XUWFLF32

Tax ID: 62-1619339

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

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Mortgage Data

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

    Citizens First Bank is a smaller bank specializing in Refi and Home Purchase loans. Citizens First Bank has a high proportion of conventional loans. Their top two markets are Knoxville and Morristown .

    Citizens First 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.

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    Originations

    162

    Origination Dollar Volume (All Markets)

    $15,930,000

    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
    KNOXVILLE, TN (FHA|USDA|VA) 126 $12,850,000 $101,984 $0 0.00%
    Outside of Metro Areas 35 $2,925,000 $83,571 $0 0.00%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    Citizens First Bank's top markets include Knoxville and Morristown among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 162 $15,930,000 $98,333 $0 0.00%

    For 2018, Citizens First Bank's most frequently originated type of loan was Conventional, with 162 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 79 $7,115,000 $90,063 $0 0.00%
    Home Purchase 66 $8,010,000 $121,364 $0 0.00%
    Other 10 $570,000 $57,000 $0 0.00%
    Home Improvement 7 $235,000 $33,571 $0 0.00%

    For 2018, Citizens First Bank's most frequently cited loan purpose was Refi, with 79 originations. The 2nd most popular reason was Home Purchase, with 66 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 162 $15,930,000 $98,333 $0 0.00%

    For 2018, Citizens First Bank's most frequently cited loan duration was Other, with 162 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 103 $5,085,000 $49,369 $0 0.00%
    $100k-200k 44 $6,200,000 $140,909 $0 0.00%
    $200k-400k 13 $3,725,000 $286,538 $0 0.00%
    $400k-600k 2 $920,000 $460,000 $0 0.00%

    2018 saw Citizens First Bank place emphasis on $100,000 or less loans with 103 originations, totaling $5,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 59 $3,815,000 $64,661 $0 0.00%
    $50k-75k 35 $3,005,000 $85,857 $0 0.00%
    $100k-150k 24 $3,360,000 $140,000 $0 0.00%
    $75k-100k 22 $2,590,000 $117,727 $0 0.00%
    $150k-250k 4 $820,000 $205,000 $0 0.00%
    $250k+ 4 $810,000 $202,500 $0 0.00%

    Citizens First Bank lent most frequently to those with incomes in the $50k or less range, with 59 originations. The second most popular income band? $50k-75k, with 35 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 162 $15,930,000 $98,333 $0 0.00%

    Citizens First Bank lent most frequently to those with DTI ratios of Exempt%, with 162 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 154 $14,600,000 $94,805 $0 0.00%
    Not applicable 3 $685,000 $228,333 $0 0.00%
    Asian 1 $395,000 $395,000 $0 0.00%
    Black 3 $235,000 $78,333 $0 0.00%
    American Indian 1 $15,000 $15,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.76%

    Citizens First Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.72%

    Citizens First Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 162 $15,930,000 $98,333

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 42 $2,280,000 $54,286
    Single Family (1-4 Units):Site-Built 120 $13,650,000 $113,750

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 9 5.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 5 2.9%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Improper use of your report 1 0.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 1 0.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 16 9.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 36 21.1%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 1.2%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 3 1.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 8 4.7%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 3 1.8%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 9 5.3%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 3 1.8%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 7 4.1%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 41 24.0%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 2 1.2%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 3 1.8%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 4 2.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 15 8.8%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 1 0.6%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 1 0.6%