Citizens Bank And Trust Mortgage Rates, Fees & Info

Frostproof, FL

LEI: 549300IRRKG7NTX2YD83

Tax ID: 59-0193780

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Citizens Bank And Trust is a smaller bank specializing in Home Purchase loans. Citizens Bank And Trust has a high proportion of conventional loans. Their top markets by origination volume include: Lakeland, Tampa, North Port, Jacksonville, and Orlando among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

Citizens Bank And Trust 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.

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

155

Origination Dollar Volume (All Markets)

$35,375,000

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
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	133	$26,485,000	$199,135	$0	0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	13	$3,885,000	$298,846	$0	0.00%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	3	$2,125,000	$708,333	$0	0.00%
JACKSONVILLE, FL (FHA\|USDA\|VA)	1	$1,685,000	$1,685,000	$0	0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	2	$540,000	$270,000	$0	0.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	1	$385,000	$385,000	$0	0.00%
HOMOSASSA SPRINGS, FL (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	0.00%
TALLAHASSEE, FL (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	0.00%

Citizens Bank And Trust's top markets include Lakeland, Tampa, North Port, Jacksonville, and Orlando among others.

Their top states include:

Florida (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	155	$35,375,000	$228,226	$0	0.00%

For 2024, Citizens Bank And Trust's most frequently originated type of loan was Conventional, with 155 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	94	$25,800,000	$274,468	$0	0.00%
Refi	21	$5,275,000	$251,190	$0	0.00%
Home Improvement	20	$2,030,000	$101,500	$0	0.00%
Other	20	$2,270,000	$113,500	$0	0.00%

For 2024, Citizens Bank And Trust's most frequently cited loan purpose was Home Purchase, with 94 originations. The 2nd most popular reason was Refi, with 21 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	155	$35,375,000	$228,226	$0	0.00%

For 2024, Citizens Bank And Trust's most frequently cited loan duration was Other, with 155 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	73	$3,795,000	$51,986	$0	0.00%
$100k-200k	32	$4,350,000	$135,938	$0	0.00%
$200k-400k	23	$6,675,000	$290,217	$0	0.00%
$400k-600k	12	$6,050,000	$504,167	$0	0.00%
$600k-1MM	9	$7,125,000	$791,667	$0	0.00%
$1MM+	6	$7,380,000	$1,230,000	$0	0.00%

2024 saw Citizens Bank And Trust place emphasis on $100,000 or less loans with 73 originations, totaling $3,795,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$75k-100k	31	$3,385,000	$109,194	$0	0.00%
$250k+	27	$17,265,000	$639,444	$0	0.00%
$50k-75k	27	$2,655,000	$98,333	$0	0.00%
$100k-150k	20	$2,610,000	$130,500	$0	0.00%
$150k-250k	17	$4,585,000	$269,706	$0	0.00%
$50k or less	15	$715,000	$47,667	$0	0.00%

Citizens Bank And Trust lent most frequently to those with incomes in the $75k-100k range, with 31 originations. The second most popular income band? $250k+, with 27 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	155	$35,375,000	$228,226	$0	0.00%

Citizens Bank And Trust lent most frequently to those with DTI ratios of Exempt%, with 155 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	127	$27,955,000	$220,118	$0	0.00%
Not applicable	16	$3,750,000	$234,375	$0	0.00%
Not provided	3	$2,015,000	$671,667	$0	0.00%
Black	7	$1,375,000	$196,429	$0	0.00%
Asian	1	$215,000	$215,000	$0	0.00%
American Indian	1	$65,000	$65,000	$0	0.00%

Approval Rates

Total approvals of all applications
88.48%

Citizens Bank And Trust has an average approval rate.

Pick Rate

Approvals leading to origination
78.06%

Citizens Bank And Trust has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	155	$35,375,000	$228,226

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	155	$35,375,000	$228,226