The Citizens National Bank Of Bluffton Mortgage Rates, Fees & Info
Bluffton, OHLEI: 549300HNMUG8WS7JLL28
Tax ID: 34-4205025
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Mortgage Data
Review & Overview
The Citizens National Bank Of Bluffton is a smaller bank specializing in Home Purchase loans. The Citizens National Bank Of Bluffton has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Lima, Toledo, Defiance, Van Wert, and Dayton among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)The Citizens National Bank Of Bluffton 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. The Citizens National Bank Of Bluffton 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 relatively high 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.78% | 11/17/24 |
| 30 Year Conventional Refi | 6.85% | 11/17/24 |
| 30 Year Cash-out Refi | 6.84% | 11/17/24 |
| 30 Year FHA Purchase | 7.11% | 11/17/24 |
| 30 Year VA Purchase | 6.16% | 11/17/24 |
| 30 Year USDA Purchase | 7.06% | 11/17/24 |
| 15 Year Conventional Purchase | 6.04% | 11/17/24 |
| 15 Year Conventional Refi | 6.03% | 11/17/24 |
| 15 Year Cash-out Refi | 6.03% | 11/17/24 |
| 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. | ||
The Citizens National Bank Of Bluffton Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
254Origination Dollar Volume (All Markets)
$58,820,000Awards
The Citizens National Bank of Bluffton - 2023
The Citizens National Bank of Bluffton is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
The Citizens National Bank Of Bluffton's average 30 year fixed mortgage rate was
6.97%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.49%.
Relative Fees (Closing Costs)
The Citizens National Bank Of Bluffton's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,331.
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 $9,089.
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 |
|---|---|---|---|---|---|
| LIMA, OH (FHA|USDA|VA) | 81 | $16,535,000 | $204,136 | $3,198 | 7.10% |
| TOLEDO, OH (FHA|USDA|VA) | 17 | $7,845,000 | $461,471 | $2,897 | 7.32% |
| Outside of Metro Areas | 29 | $6,105,000 | $210,517 | $2,944 | 7.17% |
| Defiance, OH (FHA|USDA|VA) | 16 | $5,250,000 | $328,125 | $2,856 | 7.44% |
| Van Wert, OH (FHA|USDA|VA) | 26 | $3,900,000 | $150,000 | $2,989 | 7.14% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 19 | $3,195,000 | $168,158 | $3,069 | 7.46% |
| COLUMBUS, OH (FHA|USDA|VA) | 8 | $2,810,000 | $351,250 | $3,202 | 7.69% |
| Wapakoneta, OH (FHA|USDA|VA) | 13 | $2,505,000 | $192,692 | $2,637 | 7.30% |
| Findlay, OH (FHA|USDA|VA) | 11 | $2,165,000 | $196,818 | $3,735 | 7.07% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 4 | $1,860,000 | $465,000 | $0 | 7.14% |
| Celina, OH (FHA|USDA|VA) | 7 | $1,305,000 | $186,429 | $2,758 | 7.09% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 7 | $1,015,000 | $145,000 | $0 | 7.23% |
| Chillicothe, OH (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 6.95% |
| Angola, IN (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $2,115 | 7.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $5,686 | 7.00% |
| Bellefontaine, OH (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,469 | 7.75% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,039 | 6.88% |
| Campbellsville, KY (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,206 | 7.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 7.25% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,039 | 8.00% |
| Ashland, OH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,580 | 6.50% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,501 | 6.25% |
| Greenville, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.95% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,719 | 7.13% |
| Kendallville, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,819 | 7.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $1,303 | 8.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against The Citizens National Bank of Bluffton based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 34
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Product Mix
For 2023, The Citizens National Bank Of Bluffton's most frequently originated type of loan was Conventional, with 241 originations. Their 2nd most popular type was FHA, with 7 originations.
Loan Reason
For 2023, The Citizens National Bank Of Bluffton's most frequently cited loan purpose was Home Purchase, with 194 originations. The 2nd most popular reason was Refi, with 39 originations.
Loan Duration/Length
For 2023, The Citizens National Bank Of Bluffton's most frequently cited loan duration was 30 Year, with 115 originations. The 2nd most popular length was 10 Year, with 69 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 139 | $24,015,000 | $172,770 |
| $1k-2k | 8 | $2,170,000 | $271,250 |
| $4k-5k | 2 | $650,000 | $325,000 |
| $2k-3k | 1 | $135,000 | $135,000 |
The Citizens National Bank Of Bluffton's average total fees were $3,331, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 139 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 115 | $24,055,000 | $209,174 |
| 7-8% | 96 | $20,320,000 | $211,667 |
| Over 8% | 32 | $12,490,000 | $390,313 |
| 5-6% | 10 | $1,820,000 | $182,000 |
| 4-5% | 1 | $135,000 | $135,000 |
During 2023, The Citizens National Bank Of Bluffton's average interest rate for loans was 6.97%, while their most frequently originated rate bucket for loans was 6-7%, with 115 originations.
Loan Sizing
2023 saw The Citizens National Bank Of Bluffton place emphasis on $100k-200k loans with 96 originations, totaling $13,860,000 in origination value.
Applicant Income
The Citizens National Bank Of Bluffton lent most frequently to those with incomes in the $50k-75k range, with 40 originations. The second most popular income band? $100k-150k, with 39 originations.
Applicant Debt to Income Ratio
The Citizens National Bank Of Bluffton lent most frequently to those with DTI ratios of 30-36%, with 36 originations. The next most common DTI ratio? 20-30%, with 35 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.52%
The Citizens National Bank Of Bluffton has an average approval rate.
Pick Rate
Approvals leading to origination84.65%
The Citizens National Bank Of Bluffton has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 254 | $58,820,000 | $231,575 |