The Citizens Bank Mortgage Rates, Fees & Info
Olanta, SCLEI: 549300M723MK3TTJ2783
Tax ID: 57-0874845
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
The Citizens Bank is a smaller bank specializing in Home Purchase loans. The Citizens Bank has a high proportion of conventional loans. Their top markets by origination volume include: Florence, Georgetown, Myrtle Beach, Columbia, and Sumter among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)The Citizens Bank 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.
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
225Origination Dollar Volume (All Markets)
$64,315,000Top 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 |
|---|---|---|---|---|---|
| FLORENCE, SC (FHA|USDA|VA) | 79 | $18,375,000 | $232,595 | $0 | 0.00% |
| Georgetown, SC (FHA|USDA|VA) | 27 | $12,845,000 | $475,741 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 25 | $10,695,000 | $427,800 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 17 | $8,065,000 | $474,412 | $0 | 0.00% |
| Outside of Metro Areas | 30 | $5,780,000 | $192,667 | $0 | 0.00% |
| SUMTER, SC (FHA|USDA|VA) | 31 | $4,595,000 | $148,226 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 12 | $2,470,000 | $205,833 | $0 | 0.00% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $0 | 0.00% |
| Orangeburg, SC (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against The Citizens Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 210
Similarity Rank: 765
Similarity Rank: 1224
Similarity Rank: 2590
Similarity Rank: 7722
Similarity Rank: 9264
Similarity Rank: 9792
Similarity Rank: 11136
Similarity Rank: 12525
Similarity Rank: 12528
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 225 | $64,315,000 | $285,844 | $0 | 0.00% |
For 2023, The Citizens Bank's most frequently originated type of loan was Conventional, with 225 originations.
Loan Reason
For 2023, The Citizens Bank's most frequently cited loan purpose was Home Purchase, with 160 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 | 225 | $64,315,000 | $285,844 | $0 | 0.00% |
For 2023, The Citizens Bank's most frequently cited loan duration was Other, with 225 originations.
Loan Sizing
2023 saw The Citizens Bank place emphasis on $100,000 or less loans with 67 originations, totaling $3,975,000 in origination value.
Applicant Income
The Citizens Bank lent most frequently to those with incomes in the $100k-150k range, with 47 originations. The second most popular income band? $50k-75k, with 38 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 225 | $64,315,000 | $285,844 | $0 | 0.00% |
The Citizens Bank lent most frequently to those with DTI ratios of Exempt%, with 225 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.75%
The Citizens Bank has an average approval rate.
Pick Rate
Approvals leading to origination92.00%
The Citizens Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 225 | $64,315,000 | $285,844 |