Citizens Bank Mortgage Rates, Fees & Info

New Haven, MO

LEI: 549300MOKX1F2TX1WK17

Tax ID: 43-0216410

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Mortgage Data

Review & Overview

Citizens Bank is a smaller bank specializing in Home Purchase loans. Citizens Bank has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Chicago, and Jefferson City among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

Citizens Bank has an above 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

54

Origination Dollar Volume (All Markets)

$14,240,000

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
ST. LOUIS, MO-IL (FHA|USDA|VA) 48 $12,680,000 $264,167 $0 0.00%
Outside of Metro Areas 4 $770,000 $192,500 $0 0.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $625,000 $625,000 $0 0.00%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
Citizens Bank's top markets include St. Louis, Chicago, and Jefferson City among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 54 $14,240,000 $263,704 $0 0.00%

    For 2023, Citizens Bank's most frequently originated type of loan was Conventional, with 54 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 38 $11,890,000 $312,895 $0 0.00%
    Refi 7 $1,055,000 $150,714 $0 0.00%
    Other 5 $425,000 $85,000 $0 0.00%
    Home Improvement 2 $540,000 $270,000 $0 0.00%
    Cash Out Refi 2 $330,000 $165,000 $0 0.00%

    For 2023, Citizens Bank's most frequently cited loan purpose was Home Purchase, with 38 originations. The 2nd most popular reason was Refi, with 7 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 54 $14,240,000 $263,704 $0 0.00%

    For 2023, Citizens Bank's most frequently cited loan duration was Other, with 54 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 16 $4,520,000 $282,500 $0 0.00%
    $100k-200k 14 $1,940,000 $138,571 $0 0.00%
    $100,000 or less 12 $710,000 $59,167 $0 0.00%
    $400k-600k 7 $3,425,000 $489,286 $0 0.00%
    $600k-1MM 5 $3,645,000 $729,000 $0 0.00%

    2023 saw Citizens Bank place emphasis on $200k-400k loans with 16 originations, totaling $4,520,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 10 $2,290,000 $229,000 $0 0.00%
    $150k-250k 9 $2,795,000 $310,556 $0 0.00%
    $75k-100k 9 $1,905,000 $211,667 $0 0.00%
    $50k-75k 8 $1,190,000 $148,750 $0 0.00%
    $250k+ 7 $3,685,000 $526,429 $0 0.00%

    Citizens Bank lent most frequently to those with incomes in the $100k-150k range, with 10 originations. The second most popular income band? $150k-250k, with 9 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 54 $14,240,000 $263,704 $0 0.00%

    Citizens Bank lent most frequently to those with DTI ratios of Exempt%, with 54 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 41 $11,505,000 $280,610 $0 0.00%
    Not applicable 11 $2,375,000 $215,909 $0 0.00%
    Not provided 2 $360,000 $180,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.54%

    Citizens Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.19%

    Citizens Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 54 $14,240,000 $263,704

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    54 $14,240,000 $263,704