Citizens Bank Of Kentucky Mortgage Rates, Fees & Info
Paintsville, KYLEI: 549300L1U2HOTC8O4K95
Tax ID: 61-0335030
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Citizens Bank Of Kentucky is a smaller bank specializing in Home Purchase loans. Citizens Bank Of Kentucky has a high proportion of conventional loans. Their top markets by origination volume include: Lexington, Huntington, Richmond, Tallahassee, and Mount Sterling among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens Bank Of Kentucky 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.
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Originations
126Origination Dollar Volume (All Markets)
$28,820,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 79 | $11,995,000 | $151,835 | $0 | 0.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 9 | $9,615,000 | $1,068,333 | $0 | 0.00% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 33 | $5,545,000 | $168,030 | $0 | 0.00% |
| Richmond-Berea, KY (FHA|USDA|VA) | 2 | $1,180,000 | $590,000 | $0 | 0.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Mount Sterling, KY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 126 | $28,820,000 | $228,730 | $0 | 0.00% |
For 2022, Citizens Bank Of Kentucky's most frequently originated type of loan was Conventional, with 126 originations.
Loan Reason
For 2022, Citizens Bank Of Kentucky's most frequently cited loan purpose was Home Purchase, with 77 originations. The 2nd most popular reason was Refi, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 126 | $28,820,000 | $228,730 | $0 | 0.00% |
For 2022, Citizens Bank Of Kentucky's most frequently cited loan duration was Other, with 126 originations.
Loan Sizing
2022 saw Citizens Bank Of Kentucky place emphasis on $100,000 or less loans with 55 originations, totaling $2,845,000 in origination value.
Applicant Income
Citizens Bank Of Kentucky lent most frequently to those with incomes in the $50k or less range, with 27 originations. The second most popular income band? $50k-75k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 126 | $28,820,000 | $228,730 | $0 | 0.00% |
Citizens Bank Of Kentucky lent most frequently to those with DTI ratios of Exempt%, with 126 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.04%
Citizens Bank Of Kentucky has a below average approval rate.
Pick Rate
Approvals leading to origination78.57%
Citizens Bank Of Kentucky has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 126 | $28,820,000 | $228,730 |
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% |