Citizens Alliance Bank Mortgage Rates, Fees & Info
Clara City, MNLEI: 549300S46DHLT3EQ9F05
Tax ID: 41-0190810
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Mortgage Data
Review & Overview
Citizens Alliance Bank is a smaller bank specializing in Home Purchase loans. Citizens Alliance Bank has a high proportion of conventional loans. Their top markets by origination volume include: Great Falls, Helena, Missoula, Minneapolis, and Butte among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens Alliance 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
122Origination Dollar Volume (All Markets)
$29,640,000Top 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 |
|---|---|---|---|---|---|
| GREAT FALLS, MT (FHA|USDA|VA) | 25 | $5,415,000 | $216,600 | $0 | 0.00% |
| Outside of Metro Areas | 30 | $5,050,000 | $168,333 | $0 | 0.00% |
| Helena, MT (FHA|USDA|VA) | 13 | $4,765,000 | $366,538 | $0 | 0.00% |
| MISSOULA, MT (FHA|USDA|VA) | 21 | $4,165,000 | $198,333 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 12 | $4,100,000 | $341,667 | $0 | 0.00% |
| Butte-Silver Bow, MT (FHA|USDA|VA) | 6 | $1,370,000 | $228,333 | $0 | 0.00% |
| Bozeman, MT (FHA|USDA|VA) | 4 | $1,330,000 | $332,500 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $1,030,000 | $515,000 | $0 | 0.00% |
| Marshall, MN (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $0 | 0.00% |
| Hutchinson, MN (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| New Ulm, MN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Willmar, MN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 122 | $29,640,000 | $242,951 | $0 | 0.00% |
For 2024, Citizens Alliance Bank's most frequently originated type of loan was Conventional, with 122 originations.
Loan Reason
For 2024, Citizens Alliance Bank's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Other, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 122 | $29,640,000 | $242,951 | $0 | 0.00% |
For 2024, Citizens Alliance Bank's most frequently cited loan duration was Other, with 122 originations.
Loan Sizing
2024 saw Citizens Alliance Bank place emphasis on $100k-200k loans with 40 originations, totaling $5,860,000 in origination value.
Applicant Income
Citizens Alliance Bank lent most frequently to those with incomes in the $150k-250k range, with 25 originations. The second most popular income band? $100k-150k, with 24 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 122 | $29,640,000 | $242,951 | $0 | 0.00% |
Citizens Alliance Bank lent most frequently to those with DTI ratios of Exempt%, with 122 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.26%
Citizens Alliance Bank has an average approval rate.
Pick Rate
Approvals leading to origination83.61%
Citizens Alliance Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 122 | $29,640,000 | $242,951 |