Citizens Savings Bank Mortgage Rates, Fees & Info

Bogalusa, LA

LEI: 549300ESV371MYVWQV54

Tax ID: 72-0369226

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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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 Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Citizens Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Bogalusa, New Orleans, Hammond, Gulfport, and Baton Rouge among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens Savings 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.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    284

    Origination Dollar Volume (All Markets)

    $36,850,000

    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
    Bogalusa, LA (FHA|USDA|VA) 194 $20,570,000 $106,031 $0 0.00%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 49 $8,955,000 $182,755 $0 0.00%
    HAMMOND, LA (FHA|USDA|VA) 21 $3,785,000 $180,238 $0 0.00%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 5 $1,595,000 $319,000 $0 0.00%
    Outside of Metro Areas 10 $1,220,000 $122,000 $0 0.00%
    BATON ROUGE, LA (FHA|USDA|VA) 2 $480,000 $240,000 $0 0.00%
    McComb, MS (FHA|USDA|VA) 2 $140,000 $70,000 $0 0.00%
    Natchez, MS-LA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    Citizens Savings Bank's top markets include Bogalusa, New Orleans, Hammond, Gulfport, and Baton Rouge among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 284 $36,850,000 $129,754 $0 0.00%

    For 2023, Citizens Savings Bank's most frequently originated type of loan was Conventional, with 284 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 148 $25,590,000 $172,905 $0 0.00%
    Refi 80 $8,140,000 $101,750 $0 0.00%
    Home Improvement 39 $2,475,000 $63,462 $0 0.00%
    Other 17 $645,000 $37,941 $0 0.00%

    For 2023, Citizens Savings Bank's most frequently cited loan purpose was Home Purchase, with 148 originations. The 2nd most popular reason was Refi, with 80 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 284 $36,850,000 $129,754 $0 0.00%

    For 2023, Citizens Savings Bank's most frequently cited loan duration was Other, with 284 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 152 $7,190,000 $47,303 $0 0.00%
    $200k-400k 66 $18,360,000 $278,182 $0 0.00%
    $100k-200k 59 $8,035,000 $136,186 $0 0.00%
    $400k-600k 7 $3,265,000 $466,429 $0 0.00%

    2023 saw Citizens Savings Bank place emphasis on $100,000 or less loans with 152 originations, totaling $7,190,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 54 $6,150,000 $113,889 $0 0.00%
    $150k-250k 47 $9,875,000 $210,106 $0 0.00%
    $75k-100k 46 $5,390,000 $117,174 $0 0.00%
    $50k or less 43 $2,645,000 $61,512 $0 0.00%
    $50k-75k 33 $3,005,000 $91,061 $0 0.00%
    $250k+ 15 $3,035,000 $202,333 $0 0.00%

    Citizens Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 54 originations. The second most popular income band? $150k-250k, with 47 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 284 $36,850,000 $129,754 $0 0.00%

    Citizens Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 284 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 211 $27,855,000 $132,014 $0 0.00%
    Not applicable 46 $6,750,000 $146,739 $0 0.00%
    Black 23 $1,655,000 $71,957 $0 0.00%
    Asian 4 $590,000 $147,500 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.00%

    Citizens Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.15%

    Citizens Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 284 $36,850,000 $129,754

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    284 $36,850,000 $129,754