Citizens Bank And Trust Mortgage Rates, Fees & Info

Frostproof, FL

LEI: 549300IRRKG7NTX2YD83

Tax ID: 59-0193780

Latest/2023 | 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, Gainesville, Sebring, and Sebastian among others. We have data for 5 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

169

Origination Dollar Volume (All Markets)

$26,825,000

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)	149	$22,705,000	$152,383	$0	0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	14	$3,490,000	$249,286	$0	0.00%
GAINESVILLE, FL (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	0.00%
SEBRING-AVON PARK, FL (FHA\|USDA\|VA)	4	$210,000	$52,500	$0	0.00%
Sebastian-Vero Beach, FL (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	0.00%

Citizens Bank And Trust's top markets include Lakeland, Tampa, Gainesville, Sebring, and Sebastian among others.

Their top states include:

Florida (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	169	$26,825,000	$158,728	$0	0.00%

For 2022, Citizens Bank And Trust's most frequently originated type of loan was Conventional, with 169 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	105	$18,215,000	$173,476	$0	0.00%
Refi	31	$4,735,000	$152,742	$0	0.00%
Other	24	$3,320,000	$138,333	$0	0.00%
Home Improvement	9	$555,000	$61,667	$0	0.00%

For 2022, Citizens Bank And Trust's most frequently cited loan purpose was Home Purchase, with 105 originations. The 2nd most popular reason was Refi, with 31 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	169	$26,825,000	$158,728	$0	0.00%

For 2022, Citizens Bank And Trust's most frequently cited loan duration was Other, with 169 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	100	$5,170,000	$51,700	$0	0.00%
$100k-200k	32	$4,260,000	$133,125	$0	0.00%
$200k-400k	21	$5,865,000	$279,286	$0	0.00%
$400k-600k	9	$4,325,000	$480,556	$0	0.00%
$600k-1MM	4	$3,090,000	$772,500	$0	0.00%
$1MM+	3	$4,115,000	$1,371,667	$0	0.00%

2022 saw Citizens Bank And Trust place emphasis on $100,000 or less loans with 100 originations, totaling $5,170,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k-75k	42	$3,390,000	$80,714	$0	0.00%
$100k-150k	32	$5,250,000	$164,063	$0	0.00%
$75k-100k	31	$2,565,000	$82,742	$0	0.00%
$50k or less	28	$1,970,000	$70,357	$0	0.00%
$150k-250k	14	$3,590,000	$256,429	$0	0.00%
$250k+	9	$6,655,000	$739,444	$0	0.00%

Citizens Bank And Trust lent most frequently to those with incomes in the $50k-75k range, with 42 originations. The second most popular income band? $100k-150k, with 32 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	169	$26,825,000	$158,728	$0	0.00%

Citizens Bank And Trust lent most frequently to those with DTI ratios of Exempt%, with 169 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	136	$18,320,000	$134,706	$0	0.00%
Not provided	15	$3,825,000	$255,000	$0	0.00%
Not applicable	11	$3,175,000	$288,636	$0	0.00%
Black	6	$1,420,000	$236,667	$0	0.00%
American Indian	1	$85,000	$85,000	$0	0.00%

Approval Rates

Total approvals of all applications
86.11%

Citizens Bank And Trust has an average approval rate.

Pick Rate

Approvals leading to origination
72.78%

Citizens Bank And Trust has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	169	$26,825,000	$158,728

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	169	$26,825,000	$158,728

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%