Citizens State Bank Of New Castle Mortgage Rates, Fees & Info
New Castle, INLEI: 549300QX5KH5JXXMYU41
Tax ID: 35-0227920
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Citizens State Bank Of New Castle is a smaller bank specializing in Home Purchase and Refi loans. Citizens State Bank Of New Castle has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, New Castle, Connersville, Muncie, and Richmond among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens State Bank Of New Castle 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
155Origination Dollar Volume (All Markets)
$30,005,000Top 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 |
|---|---|---|---|---|---|
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 36 | $14,270,000 | $396,389 | $0 | 0.00% |
| New Castle, IN (FHA|USDA|VA) | 53 | $7,435,000 | $140,283 | $0 | 0.00% |
| Outside of Metro Areas | 50 | $5,570,000 | $111,400 | $0 | 0.00% |
| Connersville, IN (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $0 | 0.00% |
| MUNCIE, IN (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $0 | 0.00% |
| Richmond, IN (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $0 | 0.00% |
| Marion, IN (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 0.00% |
| Bluffton, IN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Madison, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Greenville, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Decatur, IN (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Citizens State Bank of New Castle based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 155 | $30,005,000 | $193,581 | $0 | 0.00% |
For 2022, Citizens State Bank Of New Castle's most frequently originated type of loan was Conventional, with 155 originations.
Loan Reason
For 2022, Citizens State Bank Of New Castle's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Refi, with 51 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 155 | $30,005,000 | $193,581 | $0 | 0.00% |
For 2022, Citizens State Bank Of New Castle's most frequently cited loan duration was Other, with 155 originations.
Loan Sizing
2022 saw Citizens State Bank Of New Castle place emphasis on $100,000 or less loans with 73 originations, totaling $4,245,000 in origination value.
Applicant Income
Citizens State Bank Of New Castle lent most frequently to those with incomes in the $50k-75k range, with 39 originations. The second most popular income band? $100k-150k, with 31 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 155 | $30,005,000 | $193,581 | $0 | 0.00% |
Citizens State Bank Of New Castle lent most frequently to those with DTI ratios of Exempt%, with 155 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications78.75%
Citizens State Bank Of New Castle has a below average approval rate.
Pick Rate
Approvals leading to origination79.35%
Citizens State Bank Of New Castle has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 155 | $30,005,000 | $193,581 |
Complaints
| 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% |