Citizens' Bank & Trust Co. Mortgage Rates, Fees & Info

Van Buren, AR

LEI: 549300EY247F6R5IHX75

Tax ID: 71-0031350

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
  • 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

    Citizens' Bank & Trust Co. is a smaller bank specializing in Home Purchase loans. Citizens' Bank & Trust Co. has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Fort Smith, Fayetteville, Russellville, and Tahlequah among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens' Bank & Trust Co. 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.

    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

    171

    Origination Dollar Volume (All Markets)

    $30,655,000

    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
    FORT SMITH, AR-OK (FHA|USDA|VA) 162 $27,740,000 $171,235 $0 0.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $1,455,000 $485,000 $0 0.00%
    Outside of Metro Areas 4 $1,270,000 $317,500 $0 0.00%
    Russellville, AR (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    Tahlequah, OK (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Citizens' Bank & Trust Co.'s top markets include Fort Smith, Fayetteville, Russellville, and Tahlequah among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Citizens' Bank & Trust Co. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    FIRST WESTERN MORTGAGE, INC.
    Similarity Rank: 225
    The First National Bank of Fort Smith
    Similarity Rank: 357
    ARKANSAS Federal Credit Union
    Similarity Rank: 405
    Chambers Bank
    Similarity Rank: 434
    Priority Bank
    Similarity Rank: 504
    Generations Bank
    Similarity Rank: 780
    Armstrong Bank
    Similarity Rank: 960
    Firstar Bank
    Similarity Rank: 1716
    NAVY FEDERAL CREDIT UNION
    Similarity Rank: 1768
    First Financial Bank
    Similarity Rank: 1820

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 141 $24,975,000 $177,128 $0 0.00%
    VA 12 $2,760,000 $230,000 $0 0.00%
    FHA 11 $1,955,000 $177,727 $0 0.00%
    USDA 7 $965,000 $137,857 $0 0.00%

    For 2022, Citizens' Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 141 originations. Their 2nd most popular type was VA, with 12 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 93 $19,345,000 $208,011 $0 0.00%
    Cash Out Refi 51 $6,045,000 $118,529 $0 0.00%
    Refi 19 $4,575,000 $240,789 $0 0.00%
    Home Improvement 8 $690,000 $86,250 $0 0.00%

    For 2022, Citizens' Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 93 originations. The 2nd most popular reason was Cash Out Refi, with 51 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 171 $30,655,000 $179,269 $0 0.00%

    For 2022, Citizens' Bank & Trust Co.'s most frequently cited loan duration was Other, with 171 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 64 $9,100,000 $142,188 $0 0.00%
    $100,000 or less 58 $3,280,000 $56,552 $0 0.00%
    $200k-400k 39 $10,385,000 $266,282 $0 0.00%
    $400k-600k 7 $3,475,000 $496,429 $0 0.00%
    $1MM+ 2 $3,770,000 $1,885,000 $0 0.00%
    $600k-1MM 1 $645,000 $645,000 $0 0.00%

    2022 saw Citizens' Bank & Trust Co. place emphasis on $100k-200k loans with 64 originations, totaling $9,100,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 42 $3,860,000 $91,905 $0 0.00%
    $50k-75k 41 $5,205,000 $126,951 $0 0.00%
    $100k-150k 28 $5,350,000 $191,071 $0 0.00%
    $75k-100k 22 $3,880,000 $176,364 $0 0.00%
    $150k-250k 18 $4,700,000 $261,111 $0 0.00%
    $250k+ 6 $1,740,000 $290,000 $0 0.00%

    Citizens' Bank & Trust Co. lent most frequently to those with incomes in the $50k or less range, with 42 originations. The second most popular income band? $50k-75k, with 41 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 171 $30,655,000 $179,269 $0 0.00%

    Citizens' Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 171 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 147 $23,175,000 $157,653 $0 0.00%
    Not applicable 13 $5,895,000 $453,462 $0 0.00%
    Not provided 6 $760,000 $126,667 $0 0.00%
    American Indian 3 $505,000 $168,333 $0 0.00%
    Black 2 $320,000 $160,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.46%

    Citizens' Bank & Trust Co. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.98%

    Citizens' Bank & Trust Co. has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 171 $30,655,000 $179,269

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    171 $30,655,000 $179,269

    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%