Citizens Bank And Trust Company Mortgage Rates, Fees & Info

Baton Rouge, LA

LEI: 549300L0RZ1NED0NV967

Tax ID: 72-0152830

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Mortgage Data

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

    Citizens Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Citizens Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Baton Rouge, Daphne, and Jennings among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens Bank And Trust Company has an above average approval rate when compared to the average across all lenders. They have an above 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.

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    Originations

    96

    Origination Dollar Volume (All Markets)

    $15,510,000

    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
    BATON ROUGE, LA (FHA|USDA|VA) 94 $15,030,000 $159,894 $0 0.00%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
    Jennings, LA (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    Citizens Bank And Trust Company's top markets include Baton Rouge, Daphne, and Jennings among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 96 $15,510,000 $161,563 $0 0.00%

    For 2018, Citizens Bank And Trust Company's most frequently originated type of loan was Conventional, with 96 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 50 $9,540,000 $190,800 $0 0.00%
    Refi 21 $3,465,000 $165,000 $0 0.00%
    Cash Out Refi 11 $1,485,000 $135,000 $0 0.00%
    Other 9 $695,000 $77,222 $0 0.00%
    Home Improvement 5 $325,000 $65,000 $0 0.00%

    For 2018, Citizens Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 50 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 96 $15,510,000 $161,563 $0 0.00%

    For 2018, Citizens Bank And Trust Company's most frequently cited loan duration was Other, with 96 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 40 $2,140,000 $53,500 $0 0.00%
    $100k-200k 33 $4,635,000 $140,455 $0 0.00%
    $200k-400k 19 $5,545,000 $291,842 $0 0.00%
    $600k-1MM 2 $1,490,000 $745,000 $0 0.00%
    $1MM+ 1 $1,135,000 $1,135,000 $0 0.00%
    $400k-600k 1 $565,000 $565,000 $0 0.00%

    2018 saw Citizens Bank And Trust Company place emphasis on $100,000 or less loans with 40 originations, totaling $2,140,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 13 $1,885,000 $145,000 $0 0.00%
    $150k-250k 12 $1,870,000 $155,833 $0 0.00%
    $75k-100k 9 $815,000 $90,556 $0 0.00%
    $250k+ 7 $2,305,000 $329,286 $0 0.00%
    $50k-75k 7 $655,000 $93,571 $0 0.00%
    $50k or less 7 $535,000 $76,429 $0 0.00%

    Citizens Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $150k-250k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 96 $15,510,000 $161,563 $0 0.00%

    Citizens Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 96 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 52 $7,870,000 $151,346 $0 0.00%
    Not applicable 37 $6,875,000 $185,811 $0 0.00%
    Black 6 $660,000 $110,000 $0 0.00%
    Asian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.69%

    Citizens Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.67%

    Citizens Bank And Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 96 $15,510,000 $161,563

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 4 $1,690,000 $422,500
    Multifamily:Site-Built 3 $1,465,000 $488,333
    Single Family (1-4 Units):Manufactured 5 $245,000 $49,000
    Single Family (1-4 Units):Site-Built 84 $12,110,000 $144,167

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 9 5.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 5 2.9%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Improper use of your report 1 0.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 1 0.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 16 9.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 36 21.1%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 1.2%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 3 1.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 8 4.7%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 3 1.8%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 9 5.3%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 3 1.8%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 7 4.1%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 41 24.0%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 2 1.2%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 3 1.8%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 4 2.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 15 8.8%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 1 0.6%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 1 0.6%