First Citizens Community Bank Mortgage Rates, Fees & Info

Mansfield, PA

LEI: 549300GZN0GWYE1KDB94

Tax ID: 24-0652238

5 stars - out of 5 stars, based on 20 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    First Citizens Community Bank is a smaller bank specializing in Home Purchase and Refi loans. First Citizens Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Salisbury, Lancaster, Sayre, and Lebanon among others. We have data for 25 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Citizens Community 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. First Citizens Community Bank 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.

    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.


    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.82% 3/24/23
    30 Year Conventional Refi 6.45% 3/24/23
    30 Year Cash-out Refi 6.50% 3/24/23
    15 Year Conventional Purchase 6.53% 3/24/23
    15 Year Conventional Refi 7.36% 3/24/23
    15 Year Cash-out Refi 7.36% 3/24/23
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    393

    Origination Dollar Volume (All Markets)

    $207,365,000
    Show all (6) awards

    Relative Rate

    First Citizens Community Bank's average 30 year fixed mortgage rate was 5.04%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of 0.28%.

    Relative Fees (Closing Costs)

    First Citizens Community Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $4,034.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 42 $85,700,000 $2,040,476 $3,971 4.76%
    SALISBURY, MD-DE (FHA|USDA|VA) 4 $40,700,000 $10,175,000 $16,869 5.75%
    LANCASTER, PA (FHA|USDA|VA) 16 $23,050,000 $1,440,625 $3,911 4.82%
    Outside of Metro Areas 137 $15,975,000 $116,606 $2,142 5.50%
    Sayre, PA (FHA|USDA|VA) 84 $12,690,000 $151,071 $3,077 5.64%
    LEBANON, PA (FHA|USDA|VA) 25 $5,745,000 $229,800 $4,500 4.91%
    Pottsville, PA (FHA|USDA|VA) 24 $5,360,000 $223,333 $4,442 5.51%
    DOVER, DE (FHA|USDA|VA) 2 $4,620,000 $2,310,000 $0 4.13%
    READING, PA (FHA|USDA|VA) 10 $3,800,000 $380,000 $6,914 5.09%
    BINGHAMTON, NY (FHA|USDA|VA) 11 $1,955,000 $177,727 $4,113 5.94%
    WILLIAMSPORT, PA (FHA|USDA|VA) 7 $1,405,000 $200,714 $4,642 4.78%
    STATE COLLEGE, PA (FHA|USDA|VA) 6 $1,230,000 $205,000 $4,116 4.75%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 4 $1,030,000 $257,500 $8,740 5.24%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $705,000 $705,000 $0 6.25%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $590,000 $295,000 $6,619 5.00%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $440,000 $220,000 $3,589 4.81%
    YORK-HANOVER, PA (FHA|USDA|VA) 4 $430,000 $107,500 $0 4.08%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $375,000 $375,000 $7,638 3.50%
    Huntingdon, PA (FHA|USDA|VA) 1 $365,000 $365,000 $6,566 4.49%
    OCEAN CITY, NJ (FHA|USDA|VA) 1 $355,000 $355,000 $4,086 3.00%
    Selinsgrove, PA (FHA|USDA|VA) 2 $300,000 $150,000 $0 5.37%
    Lock Haven, PA (FHA|USDA|VA) 2 $250,000 $125,000 $0 4.49%
    Corning, NY (FHA|USDA|VA) 3 $165,000 $55,000 $1,872 5.12%
    ELMIRA, NY (FHA|USDA|VA) 1 $75,000 $75,000 $715 9.25%
    Lewisburg, PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.75%
    First Citizens Community Bank's top markets include Philadelphia, Salisbury, Lancaster, Sayre, and Lebanon among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)

    • Similar Lenders

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

    VISIONS
    Similarity Rank: 110
    Reliance Savings Bank
    Similarity Rank: 323
    Louviers Federal Credit Union
    Similarity Rank: 328
    Homesale Mortgage, LLC
    Similarity Rank: 546
    KS StateBank
    Similarity Rank: 550
    Kish Bank
    Similarity Rank: 588
    LEBANON
    Similarity Rank: 630
    BHCU
    Similarity Rank: 728
    FEDERATED LENDING CORPORATION
    Similarity Rank: 905
    Columbia Bank
    Similarity Rank: 1105

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 393 $207,365,000 $527,646 $3,245 5.32%

    For 2022, First Citizens Community Bank's most frequently originated type of loan was Conventional, with 393 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 233 $147,935,000 $634,914 $4,713 5.18%
    Cash Out Refi 55 $8,315,000 $151,182 $2,114 5.32%
    Refi 38 $47,940,000 $1,261,579 $4,247 4.56%
    Home Improvement 37 $2,015,000 $54,459 $614 5.94%
    Other 30 $1,160,000 $38,667 $505 6.62%

    For 2022, First Citizens Community Bank's most frequently cited loan purpose was Home Purchase, with 233 originations. The 2nd most popular reason was Cash Out Refi, with 55 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 101 $21,835,000 $216,188 $4,034 5.04%
    15 Year 62 $7,200,000 $116,129 $1,798 5.65%
    10 Year 56 $19,440,000 $347,143 $458 6.02%
    20 Year 52 $10,080,000 $193,846 $3,328 4.99%
    5 Year 49 $74,555,000 $1,521,531 $377 5.33%
    30+ year 36 $15,930,000 $442,500 $7,851 4.96%
    Other 30 $30,520,000 $1,017,333 $4,189 5.23%
    1 Year 4 $1,290,000 $322,500 $4,175 5.43%
    3 Year 3 $26,515,000 $8,838,333 $186 5.91%

    For 2022, First Citizens Community Bank's most frequently cited loan duration was 30 Year, with 101 originations. The 2nd most popular length was 15 Year, with 62 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 204 $26,140,000 $128,137
    $2k-3k 24 $6,760,000 $281,667
    $1k-2k 16 $2,430,000 $151,875
    $3k-4k 12 $3,950,000 $329,167
    $5k+ 12 $8,530,000 $710,833
    $4k-5k 7 $2,735,000 $390,714

    First Citizens Community Bank's average total fees were $4,034, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 204 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 124 $28,420,000 $229,194
    4-5% 93 $90,475,000 $972,849
    3-4% 70 $67,380,000 $962,571
    6-7% 61 $13,615,000 $223,197
    Over 8% 19 $885,000 $46,579
    7-8% 14 $2,960,000 $211,429
    2.5-3% 8 $3,060,000 $382,500
    <2.5% 4 $570,000 $142,500

    During 2022, First Citizens Community Bank's average interest rate for loans was 5.04%, while their most frequently originated rate bucket for loans was 5-6%, with 124 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 150 $7,430,000 $49,533 $1,050 6.02%
    $100k-200k 116 $16,150,000 $139,224 $3,363 4.93%
    $200k-400k 71 $21,115,000 $297,394 $5,261 4.90%
    $400k-600k 23 $11,055,000 $480,652 $8,183 4.95%
    $1MM+ 21 $142,905,000 $6,805,000 $13,662 4.56%
    $600k-1MM 12 $8,710,000 $725,833 $7,808 5.00%

    2022 saw First Citizens Community Bank place emphasis on $100,000 or less loans with 150 originations, totaling $7,430,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 70 $6,560,000 $93,714 $2,231 5.37%
    $150k-250k 64 $13,150,000 $205,469 $4,568 5.05%
    $100k-150k 55 $10,405,000 $189,182 $3,919 5.41%
    $50k or less 49 $3,195,000 $65,204 $1,522 5.94%
    $75k-100k 47 $6,585,000 $140,106 $2,944 5.68%
    $250k+ 35 $17,565,000 $501,857 $7,282 5.01%

    First Citizens Community Bank lent most frequently to those with incomes in the $50k-75k range, with 70 originations. The second most popular income band? $150k-250k, with 64 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 84 $13,540,000 $161,190 $3,207 5.36%
    30-36% 70 $11,240,000 $160,571 $3,010 5.40%
    <20% 48 $7,190,000 $149,792 $2,962 5.44%
    37% 13 $2,515,000 $193,462 $4,008 5.20%
    36% 12 $3,000,000 $250,000 $2,758 5.70%
    38% 12 $4,140,000 $345,000 $5,246 5.45%
    42% 10 $2,200,000 $220,000 $3,781 6.27%
    39% 7 $1,225,000 $175,000 $3,587 5.32%
    40% 7 $765,000 $109,286 $1,973 5.09%
    44% 5 $1,195,000 $239,000 $4,191 4.72%
    43% 4 $570,000 $142,500 $318 7.46%
    41% 3 $495,000 $165,000 $2,549 5.75%
    50-60% 3 $2,295,000 $765,000 $8,750 5.17%
    45% 2 $140,000 $70,000 $1,345 7.19%
    46% 2 $440,000 $220,000 $4,740 4.37%
    48% 2 $430,000 $215,000 $4,040 6.49%
    47% 1 $45,000 $45,000 $0 7.49%
    >60% 1 $495,000 $495,000 $7,606 5.25%

    First Citizens Community Bank lent most frequently to those with DTI ratios of 20-30%, with 84 originations. The next most common DTI ratio? 30-36%, with 70 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 56 $147,210,000 $2,628,750 $0 4.76%
    White 331 $59,065,000 $178,444 $3,263 5.42%
    Black 4 $630,000 $157,500 $1,956 5.59%
    Asian 2 $460,000 $230,000 $3,381 5.13%

    Approval Rates

    Total approvals of all applications
    88.50%

    First Citizens Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.86%

    First Citizens Community Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    61.51 1 $15,000 $15,000
    66.11 2 $50,000 $25,000
    66.52 1 $55,000 $55,000
    NA 389 $207,245,000 $532,763

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    393 $207,365,000 $527,646

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 58 $6,680,000 $115,172 $1,075 6.09%
    40-60% 53 $48,665,000 $918,208 $2,946 5.27%
    60-80% 142 $118,960,000 $837,746 $3,826 5.01%
    80-100% 96 $27,640,000 $287,917 $5,490 5.07%
    Under 20% 44 $5,420,000 $123,182 $560 5.95%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    FIRST CITIZENS BANCSHARES, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 100.0%