Citizens And Farmers Bank Mortgage Rates, Fees & InfoWest Point, VA
Tax ID: 54-0169510
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCitizens And Farmers Bank is a smaller bank specializing in Refi and Home Purchase loans. Citizens And Farmers Bank has a high proportion of conventional loans. Their top markets by origination volume include: Richmond, Virginia Beach, Washington, Charlottesville, and Kill Devil Hills among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)
Citizens And Farmers 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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Origination Dollar Volume (All Markets)$147,435,000
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|
|RICHMOND, VA (FHA|USDA|VA)||372||$87,320,000||$234,731||$0||0.00%|
|VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA)||77||$25,105,000||$326,039||$0||0.00%|
|Outside of Metro Areas||90||$15,220,000||$169,111||$0||0.00%|
|Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)||18||$12,120,000||$673,333||$0||0.00%|
|CHARLOTTESVILLE, VA (FHA|USDA|VA)||19||$4,905,000||$258,158||$0||0.00%|
|Kill Devil Hills, NC (FHA|USDA|VA)||1||$1,275,000||$1,275,000||$0||0.00%|
|CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA)||1||$565,000||$565,000||$0||0.00%|
|ROANOKE, VA (FHA|USDA|VA)||2||$510,000||$255,000||$0||0.00%|
|STAUNTON, VA (FHA|USDA|VA)||1||$295,000||$295,000||$0||0.00%|
|MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA)||1||$75,000||$75,000||$0||0.00%|
|LYNCHBURG, VA (FHA|USDA|VA)||1||$45,000||$45,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Citizens And Farmers Bank's most frequently originated type of loan was Conventional, with 583 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Citizens And Farmers Bank's most frequently cited loan purpose was Home Improvement, with 165 originations. The 2nd most popular reason was Refi, with 163 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Citizens And Farmers Bank's most frequently cited loan duration was Other, with 583 originations.
2022 saw Citizens And Farmers Bank place emphasis on $100,000 or less loans with 273 originations, totaling $14,245,000 in origination value.
Citizens And Farmers Bank lent most frequently to those with incomes in the $50k-75k range, with 100 originations. The second most popular income band? $100k-150k, with 94 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Citizens And Farmers Bank lent most frequently to those with DTI ratios of Exempt%, with 583 originations.
Approval RatesTotal approvals of all applications
Citizens And Farmers Bank has a below average approval rate.
Pick RateApprovals leading to origination
Citizens And Farmers Bank has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|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%|