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, New Orleans, and Lafayette 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

    73

    Origination Dollar Volume (All Markets)

    $18,325,000

    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) 71 $18,095,000 $254,859 $0 0.00%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    Citizens Bank And Trust Company's top markets include Baton Rouge, New Orleans, and Lafayette among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 73 $18,325,000 $251,027 $0 0.00%

    For 2019, Citizens Bank And Trust Company's most frequently originated type of loan was Conventional, with 73 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 31 $12,375,000 $399,194 $0 0.00%
    Refi 20 $4,010,000 $200,500 $0 0.00%
    Cash Out Refi 10 $1,040,000 $104,000 $0 0.00%
    Home Improvement 9 $745,000 $82,778 $0 0.00%
    Other 3 $155,000 $51,667 $0 0.00%

    For 2019, Citizens Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 31 originations. The 2nd most popular reason was Refi, with 20 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 73 $18,325,000 $251,027 $0 0.00%

    For 2019, Citizens Bank And Trust Company's most frequently cited loan duration was Other, with 73 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 37 $1,955,000 $52,838 $0 0.00%
    $100k-200k 19 $2,605,000 $137,105 $0 0.00%
    $200k-400k 9 $2,715,000 $301,667 $0 0.00%
    $1MM+ 4 $8,850,000 $2,212,500 $0 0.00%
    $400k-600k 3 $1,505,000 $501,667 $0 0.00%
    $600k-1MM 1 $695,000 $695,000 $0 0.00%

    2019 saw Citizens Bank And Trust Company place emphasis on $100,000 or less loans with 37 originations, totaling $1,955,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 7 $585,000 $83,571 $0 0.00%
    $75k-100k 7 $585,000 $83,571 $0 0.00%
    $250k+ 5 $3,185,000 $637,000 $0 0.00%
    $50k or less 5 $115,000 $23,000 $0 0.00%
    $150k-250k 3 $545,000 $181,667 $0 0.00%
    $50k-75k 2 $130,000 $65,000 $0 0.00%

    Citizens Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 7 originations. The second most popular income band? $75k-100k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 73 $18,325,000 $251,027 $0 0.00%

    Citizens Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 73 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 42 $12,840,000 $305,714 $0 0.00%
    White 22 $4,100,000 $186,364 $0 0.00%
    Not provided 2 $790,000 $395,000 $0 0.00%
    Black 6 $330,000 $55,000 $0 0.00%
    Asian 1 $265,000 $265,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.48%

    Citizens Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    95.89%

    Citizens Bank And Trust Company has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 73 $18,325,000 $251,027

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 4 $2,900,000 $725,000
    Multifamily:Site-Built 5 $5,995,000 $1,199,000
    Single Family (1-4 Units):Manufactured 1 $25,000 $25,000
    Single Family (1-4 Units):Site-Built 63 $9,405,000 $149,286

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 10 4.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 6 2.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 20 8.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 81 34.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 13 5.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 11 4.7%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 9 3.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 8 3.4%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 52 22.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 2 0.9%