The Citizens National Bank Of Bluffton Mortgage Rates, Fees & Info

Bluffton, OH

LEI: 549300HNMUG8WS7JLL28

Tax ID: 34-4205025

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    The Citizens National Bank Of Bluffton is a smaller bank specializing in Home Purchase and Refi 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Lima, Detroit, Celina, Cincinnati, and Findlay among others. We have data for 29 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.

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

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.78% 12/3/24
    30 Year Conventional Refi 6.85% 12/3/24
    30 Year Cash-out Refi 6.84% 12/3/24
    30 Year FHA Purchase 7.11% 12/3/24
    30 Year VA Purchase 6.16% 12/3/24
    30 Year USDA Purchase 7.06% 12/3/24
    15 Year Conventional Purchase 6.04% 12/3/24
    15 Year Conventional Refi 6.03% 12/3/24
    15 Year Cash-out Refi 6.03% 12/3/24
    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






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from The Citizens National Bank Of Bluffton. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    425

    Origination Dollar Volume (All Markets)

    $95,855,000
    Show all (6) awards

    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) 154 $23,920,000 $155,325 $2,674 5.16%
    Outside of Metro Areas 47 $8,085,000 $172,021 $2,821 5.17%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $7,275,000 $2,425,000 $3,867 5.92%
    Celina, OH (FHA|USDA|VA) 29 $5,795,000 $199,828 $3,248 5.27%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $5,760,000 $960,000 $4,929 5.16%
    Findlay, OH (FHA|USDA|VA) 29 $5,695,000 $196,379 $3,946 5.55%
    Defiance, OH (FHA|USDA|VA) 35 $5,565,000 $159,000 $2,856 4.98%
    TOLEDO, OH (FHA|USDA|VA) 23 $5,495,000 $238,913 $3,881 5.13%
    COLUMBUS, OH (FHA|USDA|VA) 14 $5,100,000 $364,286 $3,210 5.06%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 21 $5,035,000 $239,762 $2,940 5.60%
    MONROE, MI (FHA|USDA|VA) 2 $4,390,000 $2,195,000 $3,030 4.25%
    Van Wert, OH (FHA|USDA|VA) 20 $2,410,000 $120,500 $2,528 5.22%
    Wapakoneta, OH (FHA|USDA|VA) 12 $1,930,000 $160,833 $2,903 5.23%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $1,775,000 $591,667 $0 4.58%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $0 5.50%
    Bucyrus-Galion, OH (FHA|USDA|VA) 1 $865,000 $865,000 $0 6.85%
    Sidney, OH (FHA|USDA|VA) 3 $825,000 $275,000 $2,649 5.04%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $790,000 $395,000 $2,495 4.81%
    SPRINGFIELD, OH (FHA|USDA|VA) 5 $785,000 $157,000 $5,005 5.68%
    FORT WAYNE, IN (FHA|USDA|VA) 3 $545,000 $181,667 $2,279 5.63%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $425,000 $425,000 $4,279 5.50%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $425,000 $425,000 $4,878 6.75%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $395,000 $395,000 $3,784 6.38%
    Bellefontaine, OH (FHA|USDA|VA) 3 $335,000 $111,667 $1,507 5.42%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $235,000 $235,000 $3,310 5.88%
    Fremont, OH (FHA|USDA|VA) 1 $195,000 $195,000 $3,766 4.13%
    MANSFIELD, OH (FHA|USDA|VA) 2 $140,000 $70,000 $0 4.25%
    Mount Vernon, OH (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.50%
    Tiffin, OH (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.50%
    The Citizens National Bank Of Bluffton's top markets include Lima, Detroit, Celina, Cincinnati, and Findlay among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • 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.

    First Bank of Berne
    Similarity Rank: 56
    Liberty National Bank
    Similarity Rank: 72
    First Federal Savings and Loan Association of Delta
    Similarity Rank: 112
    SUPERIOR FINANCIAL SOLUTIONS, LLC
    Similarity Rank: 208
    Three Rivers Federal Credit Union
    Similarity Rank: 244
    GLASS CITY Federal Credit Union
    Similarity Rank: 270
    First Federal Savings and Loan Association
    Similarity Rank: 366
    First Federal Savings and Loan Association of Lorain
    Similarity Rank: 378
    The Community Bank
    Similarity Rank: 406
    SUN Federal Credit Union
    Similarity Rank: 648

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 415 $94,185,000 $226,952 $2,764 5.23%
    VA 5 $975,000 $195,000 $7,498 4.43%
    FHA 4 $560,000 $140,000 $5,787 5.31%
    USDA 1 $135,000 $135,000 $4,607 4.50%

    For 2022, The Citizens National Bank Of Bluffton's most frequently originated type of loan was Conventional, with 415 originations. Their 2nd most popular type was VA, with 5 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 290 $58,750,000 $202,586 $3,113 5.29%
    Refi 73 $27,875,000 $381,849 $2,592 4.96%
    Cash Out Refi 37 $5,195,000 $140,405 $2,638 4.81%
    Home Improvement 15 $2,805,000 $187,000 $649 5.62%
    Other 10 $1,230,000 $123,000 $2,044 5.93%

    For 2022, The Citizens National Bank Of Bluffton's most frequently cited loan purpose was Home Purchase, with 290 originations. The 2nd most popular reason was Refi, with 73 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 205 $38,945,000 $189,976 $3,155 5.30%
    10 Year 113 $38,665,000 $342,168 $740 5.38%
    15 Year 55 $7,495,000 $136,273 $2,868 4.38%
    20 Year 23 $3,115,000 $135,435 $2,397 5.49%
    Other 20 $4,530,000 $226,500 $2,210 5.06%
    1 Year 7 $1,065,000 $152,143 $1,165 5.93%
    5 Year 2 $2,040,000 $1,020,000 $0 6.25%

    For 2022, The Citizens National Bank Of Bluffton's most frequently cited loan duration was 30 Year, with 205 originations. The 2nd most popular length was 10 Year, with 113 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 254 $42,560,000 $167,559
    $1k-2k 32 $6,200,000 $193,750
    $2k-3k 9 $1,795,000 $199,444
    $3k-4k 3 $535,000 $178,333
    $5k+ 3 $805,000 $268,333
    $4k-5k 2 $440,000 $220,000

    The Citizens National Bank Of Bluffton's average total fees were $3,155, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 254 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 133 $27,275,000 $205,075
    4-5% 120 $33,360,000 $278,000
    6-7% 85 $17,225,000 $202,647
    3-4% 58 $14,030,000 $241,897
    7-8% 16 $2,060,000 $128,750
    2.5-3% 11 $1,575,000 $143,182
    <2.5% 2 $330,000 $165,000

    During 2022, The Citizens National Bank Of Bluffton's average interest rate for loans was 5.30%, while their most frequently originated rate bucket for loans was 5-6%, with 133 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 152 $22,330,000 $146,908 $2,795 5.21%
    $100,000 or less 126 $8,380,000 $66,508 $2,114 5.31%
    $200k-400k 105 $27,455,000 $261,476 $3,659 5.14%
    $400k-600k 26 $12,010,000 $461,923 $3,553 5.02%
    $600k-1MM 11 $9,135,000 $830,455 $6,192 5.47%
    $1MM+ 5 $16,545,000 $3,309,000 $0 5.15%

    2022 saw The Citizens National Bank Of Bluffton place emphasis on $100k-200k loans with 152 originations, totaling $22,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 86 $12,440,000 $144,651 $2,849 5.22%
    $100k-150k 69 $14,495,000 $210,072 $2,887 5.33%
    $50k or less 60 $5,810,000 $96,833 $2,426 5.18%
    $75k-100k 55 $9,295,000 $169,000 $3,069 5.05%
    $150k-250k 41 $9,705,000 $236,707 $3,460 5.07%
    $250k+ 11 $3,035,000 $275,909 $2,935 5.00%

    The Citizens National Bank Of Bluffton lent most frequently to those with incomes in the $50k-75k range, with 86 originations. The second most popular income band? $100k-150k, with 69 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 80 $11,440,000 $143,000 $2,886 5.12%
    30-36% 61 $11,965,000 $196,148 $2,850 5.25%
    <20% 45 $6,685,000 $148,556 $2,509 4.65%
    37% 15 $2,295,000 $153,000 $3,143 5.22%
    41% 15 $3,065,000 $204,333 $3,774 5.54%
    39% 15 $2,615,000 $174,333 $2,608 5.89%
    40% 13 $2,545,000 $195,769 $2,476 5.31%
    42% 9 $1,445,000 $160,556 $2,889 4.81%
    38% 8 $1,150,000 $143,750 $2,982 5.44%
    36% 8 $1,620,000 $202,500 $2,359 5.19%
    43% 7 $2,305,000 $329,286 $3,260 5.54%
    44% 7 $1,285,000 $183,571 $2,554 5.25%
    47% 5 $925,000 $185,000 $4,118 5.60%
    46% 4 $860,000 $215,000 $3,027 4.97%
    49% 4 $580,000 $145,000 $3,409 5.44%
    45% 3 $635,000 $211,667 $4,970 4.08%
    48% 2 $260,000 $130,000 $2,462 4.13%
    >60% 1 $305,000 $305,000 $1,282 5.50%
    50-60% 1 $205,000 $205,000 $6,807 4.75%

    The Citizens National Bank Of Bluffton lent most frequently to those with DTI ratios of 20-30%, with 80 originations. The next most common DTI ratio? 30-36%, with 61 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 314 $54,060,000 $172,166 $2,886 5.17%
    Not applicable 100 $40,570,000 $405,700 $0 5.35%
    Asian 5 $645,000 $129,000 $2,119 5.05%
    Black 3 $425,000 $141,667 $4,130 6.21%
    Not provided 3 $155,000 $51,667 $0 4.77%

    Approval Rates

    Total approvals of all applications
    94.83%

    The Citizens National Bank Of Bluffton has an average approval rate.

    Pick Rate

    Approvals leading to origination
    72.24%

    The Citizens National Bank Of Bluffton has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 425 $95,855,000 $225,541

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    425 $95,855,000 $225,541

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 23 $5,415,000 $235,435 $1,883 5.59%
    40-60% 56 $9,250,000 $165,179 $2,705 5.03%
    60-80% 208 $56,710,000 $272,644 $2,936 5.17%
    80-100% 117 $22,515,000 $192,436 $3,253 5.26%
    Over 100% 1 $205,000 $205,000 $10,519 5.63%
    Under 20% 20 $1,760,000 $88,000 $1,012 5.57%