The Citizens Bank Of Edmond Mortgage Rates, Fees & Info
Edmond, OKLEI: 549300OWEWQ1QPPQS302
Tax ID: 73-0183753
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Citizens Bank Of Edmond is a smaller bank specializing in Home Purchase and Cash Out Refi loans. The Citizens Bank Of Edmond has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Oklahoma City, Shawnee, Houston, Stillwater, and Branson among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)The Citizens Bank Of Edmond 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
97Origination Dollar Volume (All Markets)
$33,765,000Top 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 |
|---|---|---|---|---|---|
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 90 | $28,320,000 | $314,667 | $0 | 0.00% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $3,195,000 | $3,195,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $1,365,000 | $455,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 95 | $33,145,000 | $348,895 | $0 | 0.00% |
| VA | 1 | $375,000 | $375,000 | $0 | 0.00% |
| USDA | 1 | $245,000 | $245,000 | $0 | 0.00% |
For 2023, The Citizens Bank Of Edmond's most frequently originated type of loan was Conventional, with 95 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2023, The Citizens Bank Of Edmond's most frequently cited loan purpose was Home Purchase, with 77 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 97 | $33,765,000 | $348,093 | $0 | 0.00% |
For 2023, The Citizens Bank Of Edmond's most frequently cited loan duration was Other, with 97 originations.
Loan Sizing
2023 saw The Citizens Bank Of Edmond place emphasis on $200k-400k loans with 32 originations, totaling $8,400,000 in origination value.
Applicant Income
The Citizens Bank Of Edmond lent most frequently to those with incomes in the $250k+ range, with 10 originations. The second most popular income band? $150k-250k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 97 | $33,765,000 | $348,093 | $0 | 0.00% |
The Citizens Bank Of Edmond lent most frequently to those with DTI ratios of Exempt%, with 97 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.35%
The Citizens Bank Of Edmond has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination86.60%
The Citizens Bank Of Edmond has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 97 | $33,765,000 | $348,093 |