Citizens Tri-county Bank Mortgage Rates, Fees & Info

Dunlap, TN

LEI: 549300RUFHC5ZQDL8J10

Tax ID: 62-0875633

5 stars - Updated: 5/25/25 - out of 5 stars, based on 22 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Citizens Tri-county Bank is a smaller bank specializing in Home Purchase loans. Citizens Tri-county Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Chattanooga, Tullahoma, Mcminnville, Nashville, and Lewisburg among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens Tri-county 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. Citizens Tri-county Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.82% 5/25/25
    30 Year Conventional Refi 6.77% 5/25/25
    30 Year Cash-out Refi 6.82% 5/25/25
    30 Year FHA Purchase 6.72% 5/25/25
    30 Year FHA Refi 6.72% 5/25/25
    30 Year VA Purchase 6.28% 5/25/25
    30 Year VA Refi 6.06% 5/25/25
    30 Year USDA Purchase 6.50% 5/25/25
    15 Year Conventional Purchase 7.61% 5/25/25
    15 Year Conventional Refi 8.34% 5/25/25
    15 Year Cash-out Refi 8.34% 5/25/25
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Citizens Tri-county Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Citizens Tri-county Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    499

    Origination Dollar Volume (All Markets)

    $97,725,000

    Awards

    Citizens Tri-County Bank 30 Year Conventional Loans bronze Citizens Tri-County Bank 30 Year Conventional Loans gold Citizens Tri-County Bank 30 Year Conventional Loans gold
    Show all (3) awards

    Relative Rate

    Citizens Tri-county Bank's average 30 year fixed mortgage rate was 6.6%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.05%.

    Relative Fees (Closing Costs)

    Citizens Tri-county Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,327.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

    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
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 187 $38,285,000 $204,733 $2,814 8.28%
    Outside of Metro Areas 152 $21,880,000 $143,947 $2,111 9.34%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 82 $18,060,000 $220,244 $3,430 8.54%
    McMinnville, TN (FHA|USDA|VA) 42 $7,670,000 $182,619 $3,720 8.68%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 14 $6,950,000 $496,429 $5,087 8.20%
    Lewisburg, TN (FHA|USDA|VA) 3 $1,125,000 $375,000 $3,933 7.29%
    Dayton, TN (FHA|USDA|VA) 6 $1,070,000 $178,333 $3,636 6.68%
    Shelbyville, TN (FHA|USDA|VA) 1 $605,000 $605,000 $1,001 7.25%
    HUNTSVILLE, AL (FHA|USDA|VA) 3 $485,000 $161,667 $4,108 5.92%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $430,000 $215,000 $6,701 7.21%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $345,000 $345,000 $0 6.99%
    Crossville, TN (FHA|USDA|VA) 1 $235,000 $235,000 $3,520 6.88%
    Scottsboro, AL (FHA|USDA|VA) 2 $200,000 $100,000 $2,491 7.54%
    Fort Payne, AL (FHA|USDA|VA) 1 $185,000 $185,000 $2,641 10.65%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $115,000 $115,000 $0 8.25%
    Cookeville, TN (FHA|USDA|VA) 1 $85,000 $85,000 $0 11.85%
    Citizens Tri-county Bank's top markets include Chattanooga, Tullahoma, Mcminnville, Nashville, and Lewisburg among others.

    Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Citizens Tri-County Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    ASCEND FEDERAL CREDIT UNION
    Similarity Rank: 68
    The First National Bank of Middle Tennessee
    Similarity Rank: 261
    Citizens Tri-County Bank
    Similarity Rank: 816
    First Citizens National Bank
    Similarity Rank: 930
    SouthEast Bank
    Similarity Rank: 992
    TENNESSEE VALLEY
    Similarity Rank: 992
    GUARANTY MORTGAGE SERVICES, L.L.C.
    Similarity Rank: 1560
    Legends Bank
    Similarity Rank: 1935
    COMMUNITY MORTGAGE CORPORATION
    Similarity Rank: 2120
    VILLAGE CAPITAL MORTGAGE
    Similarity Rank: 2175

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 487 $94,335,000 $193,706 $2,737 8.70%
    VA 8 $2,420,000 $302,500 $5,073 6.23%
    USDA 4 $970,000 $242,500 $8,829 5.84%

    For 2024, Citizens Tri-county Bank's most frequently originated type of loan was Conventional, with 487 originations. Their 2nd most popular type was VA, with 8 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 247 $62,135,000 $251,559 $3,785 7.84%
    Cash Out Refi 95 $14,455,000 $152,158 $2,379 9.15%
    Home Improvement 63 $3,895,000 $61,825 $1,360 10.17%
    Other 47 $2,755,000 $58,617 $1,385 10.24%
    Refi 47 $14,485,000 $308,191 $2,998 8.08%

    For 2024, Citizens Tri-county Bank's most frequently cited loan purpose was Home Purchase, with 247 originations. The 2nd most popular reason was Cash Out Refi, with 95 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 135 $42,585,000 $315,444 $5,327 6.60%
    15 Year 111 $11,615,000 $104,640 $1,507 9.50%
    20 Year 95 $21,125,000 $222,368 $1,738 9.44%
    10 Year 58 $3,780,000 $65,172 $1,359 9.79%
    Other 45 $7,265,000 $161,444 $1,508 9.33%
    1 Year 40 $10,720,000 $268,000 $2,472 8.19%
    5 Year 15 $635,000 $42,333 $1,239 10.06%

    For 2024, Citizens Tri-county Bank's most frequently cited loan duration was 30 Year, with 135 originations. The 2nd most popular length was 15 Year, with 111 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 258 $34,510,000 $133,760
    $1k-2k 68 $16,610,000 $244,265
    $2k-3k 35 $9,495,000 $271,286
    $3k-4k 21 $6,395,000 $304,524
    $5k+ 14 $7,980,000 $570,000
    $4k-5k 9 $3,055,000 $339,444

    Citizens Tri-county Bank's average total fees were $5,327, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 258 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 262 $29,250,000 $111,641
    6-7% 122 $35,790,000 $293,361
    7-8% 89 $25,105,000 $282,079
    5-6% 25 $7,465,000 $298,600
    4-5% 1 $115,000 $115,000

    During 2024, Citizens Tri-county Bank's average interest rate for loans was 6.60%, while their most frequently originated rate bucket for loans was Over 8%, with 262 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 198 $10,400,000 $52,525 $1,480 9.82%
    $100k-200k 142 $20,460,000 $144,085 $2,461 8.47%
    $200k-400k 106 $29,520,000 $278,491 $4,090 7.43%
    $400k-600k 32 $15,170,000 $474,063 $6,175 6.91%
    $600k-1MM 13 $8,805,000 $677,308 $5,896 7.08%
    $1MM+ 8 $13,370,000 $1,671,250 $7,367 7.40%

    2024 saw Citizens Tri-county Bank place emphasis on $100,000 or less loans with 198 originations, totaling $10,400,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 102 $22,700,000 $222,549 $3,352 8.25%
    $50k or less 102 $7,070,000 $69,314 $2,007 9.29%
    $50k-75k 89 $10,755,000 $120,843 $2,608 8.67%
    $75k-100k 73 $10,455,000 $143,219 $2,836 9.28%
    $150k-250k 60 $17,710,000 $295,167 $3,600 7.73%
    $250k+ 51 $19,145,000 $375,392 $3,228 8.29%

    Citizens Tri-county Bank lent most frequently to those with incomes in the $100k-150k range, with 102 originations. The second most popular income band? $50k or less, with 102 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 95 $15,405,000 $162,158 $2,465 8.60%
    30-36% 84 $13,800,000 $164,286 $2,610 8.60%
    <20% 71 $10,165,000 $143,169 $2,090 8.86%
    50-60% 32 $8,930,000 $279,063 $3,262 9.48%
    44% 21 $4,865,000 $231,667 $3,705 8.29%
    >60% 18 $2,870,000 $159,444 $1,404 9.16%
    49% 18 $3,830,000 $212,778 $4,302 8.05%
    38% 17 $3,455,000 $203,235 $3,155 8.91%
    36% 16 $3,390,000 $211,875 $3,109 8.18%
    43% 16 $4,260,000 $266,250 $4,364 8.06%
    45% 13 $3,445,000 $265,000 $4,485 7.77%
    39% 13 $2,075,000 $159,615 $2,424 8.29%
    40% 11 $2,135,000 $194,091 $2,179 9.13%
    42% 11 $1,405,000 $127,727 $2,124 9.07%
    47% 9 $1,585,000 $176,111 $3,273 7.98%
    48% 9 $2,215,000 $246,111 $4,020 8.03%
    41% 9 $1,695,000 $188,333 $2,900 9.65%
    46% 7 $1,195,000 $170,714 $5,187 7.38%
    37% 7 $1,115,000 $159,286 $2,809 9.34%

    Citizens Tri-county Bank lent most frequently to those with DTI ratios of 20-30%, with 95 originations. The next most common DTI ratio? 30-36%, with 84 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 439 $86,395,000 $196,800 $2,870 8.62%
    Not applicable 18 $4,480,000 $248,889 $0 8.50%
    Not provided 25 $3,425,000 $137,000 $2,345 9.24%
    Asian 3 $1,135,000 $378,333 $3,201 6.75%
    Asian Indian 3 $1,025,000 $341,667 $2,729 7.87%
    American Indian 4 $580,000 $145,000 $2,454 7.94%
    Korean 2 $370,000 $185,000 $3,106 8.48%
    Black 4 $260,000 $65,000 $2,625 9.01%
    Other Asian 1 $55,000 $55,000 $0 9.60%

    Approval Rates

    Total approvals of all applications
    94.44%

    Citizens Tri-county Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.76%

    Citizens Tri-county Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    250.0 2 $30,000 $15,000
    350.0 1 $45,000 $45,000
    600.0 1 $35,000 $35,000
    675.0 1 $25,000 $25,000
    NA 494 $97,590,000 $197,551

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    499 $97,725,000 $195,842

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 113 $11,885,000 $105,177 $1,840 9.12%
    40-60% 124 $30,220,000 $243,710 $2,866 8.35%
    60-80% 128 $35,330,000 $276,016 $4,196 8.28%
    80-100% 67 $17,385,000 $259,478 $4,025 7.75%
    Over 100% 1 $25,000 $25,000 $0 12.30%
    Under 20% 66 $2,880,000 $43,636 $1,451 9.86%