Citizens Business Bank Mortgage Rates, Fees & Info
Ontario, CALEI: 549300L36QZWPHM6FP31
Tax ID: 95-2868024
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Mortgage Data
Review & Overview
Citizens Business Bank is a smaller bank specializing in Refi and Home Purchase loans. Citizens Business Bank has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Bakersfield, Riverside, Fresno, and Phoenix among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens Business Bank 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
60Origination Dollar Volume (All Markets)
$101,240,000Top 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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 26 | $53,280,000 | $2,049,231 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 6 | $9,710,000 | $1,618,333 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 5 | $9,395,000 | $1,879,000 | $0 | 0.00% |
| FRESNO, CA (FHA|USDA|VA) | 8 | $9,010,000 | $1,126,250 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $6,585,000 | $6,585,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $5,130,000 | $2,565,000 | $0 | 0.00% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $1,745,000 | $1,745,000 | $0 | 0.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| MADERA, CA (FHA|USDA|VA) | 3 | $1,425,000 | $475,000 | $0 | 0.00% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| VISALIA, CA (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $615,000 | $615,000 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 60 | $101,240,000 | $1,687,333 | $0 | 0.00% |
For 2023, Citizens Business Bank's most frequently originated type of loan was Conventional, with 60 originations.
Loan Reason
For 2023, Citizens Business Bank's most frequently cited loan purpose was Refi, with 37 originations. The 2nd most popular reason was Home Purchase, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 60 | $101,240,000 | $1,687,333 | $0 | 0.00% |
For 2023, Citizens Business Bank's most frequently cited loan duration was Other, with 60 originations.
Loan Sizing
2023 saw Citizens Business Bank place emphasis on $1MM+ loans with 33 originations, totaling $86,955,000 in origination value.
Applicant Income
Citizens Business Bank lent most frequently to those with incomes in the $250k+ range, with 9 originations. The second most popular income band? $150k-250k, with 3 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 60 | $101,240,000 | $1,687,333 | $0 | 0.00% |
Citizens Business Bank lent most frequently to those with DTI ratios of Exempt%, with 60 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.92%
Citizens Business Bank has an average approval rate.
Pick Rate
Approvals leading to origination48.33%
Citizens Business Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 60 | $101,240,000 | $1,687,333 |