Citizens Community Federal Mortgage Rates, Fees & InfoAltoona, WI
Tax ID: 39-0859926
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCitizens Community Federal is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Citizens Community Federal has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Eau Claire, Minneapolis, Sioux Falls, Mankato, and La Crosse among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)
Citizens Community Federal 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. Citizens Community Federal 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.
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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.84%||11/30/23|
|30 Year Conventional Refi||6.48%||11/30/23|
|30 Year Cash-out Refi||6.76%||11/30/23|
|30 Year FHA Purchase||6.27%||11/30/23|
|30 Year VA Purchase||6.27%||11/30/23|
|30 Year USDA Purchase||6.94%||11/30/23|
|15 Year Conventional Purchase||6.30%||11/30/23|
|15 Year Conventional Refi||6.01%||11/30/23|
|15 Year Cash-out Refi||6.01%||11/30/23|
|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 Community Federal Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Citizens Community Federal. 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.
Origination Dollar Volume (All Markets)$149,870,000
Citizens Community Federal - 2022
Citizens Community Federal is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Citizens Community Federal's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.18%.
Relative Fees (Closing Costs)
Citizens Community Federal's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,701.
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 $4,750.
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|
|EAU CLAIRE, WI (FHA|USDA|VA)||123||$43,175,000||$351,016||$3,453||4.58%|
|Outside of Metro Areas||135||$30,455,000||$225,593||$3,432||4.91%|
|MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA)||50||$29,770,000||$595,400||$3,879||5.04%|
|SIOUX FALLS, SD (FHA|USDA|VA)||1||$20,925,000||$20,925,000||$0||3.25%|
|MANKATO, MN (FHA|USDA|VA)||26||$6,100,000||$234,615||$4,189||4.77%|
|LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA)||10||$4,740,000||$474,000||$2,956||4.96%|
|Owatonna, MN (FHA|USDA|VA)||2||$2,370,000||$1,185,000||$2,528||4.56%|
|Menomonie, WI (FHA|USDA|VA)||11||$2,265,000||$205,909||$2,850||4.86%|
|Fairmont, MN (FHA|USDA|VA)||12||$1,910,000||$159,167||$2,770||3.92%|
|Red Wing, MN (FHA|USDA|VA)||10||$1,750,000||$175,000||$0||4.65%|
|Albert Lea, MN (FHA|USDA|VA)||9||$1,665,000||$185,000||$3,405||4.40%|
|DULUTH, MN-WI (FHA|USDA|VA)||4||$1,200,000||$300,000||$4,342||5.08%|
|Faribault-Northfield, MN (FHA|USDA|VA)||3||$1,165,000||$388,333||$3,754||4.88%|
|Detroit-Warren-Dearborn, MI (FHA|USDA|VA)||1||$585,000||$585,000||$0||5.16%|
|TUCSON, AZ (FHA|USDA|VA)||1||$485,000||$485,000||$0||4.20%|
|INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA)||1||$425,000||$425,000||$0||5.00%|
|ST. CLOUD, MN (FHA|USDA|VA)||1||$385,000||$385,000||$5,294||4.59%|
|BILLINGS, MT (FHA|USDA|VA)||1||$285,000||$285,000||$0||4.75%|
|Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA)||1||$85,000||$85,000||$1,987||4.38%|
|PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA)||1||$65,000||$65,000||$0||6.75%|
|WAUSAU-WESTON, WI (FHA|USDA|VA)||1||$65,000||$65,000||$2,426||4.50%|
We use machine learning to identify the top lenders compared against Citizens Community Federal based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Citizens Community Federal's most frequently originated type of loan was Conventional, with 402 originations. Their 2nd most popular type was USDA, with 2 originations.
For 2022, Citizens Community Federal's most frequently cited loan purpose was Home Purchase, with 255 originations. The 2nd most popular reason was Cash Out Refi, with 98 originations.
For 2022, Citizens Community Federal's most frequently cited loan duration was 30 Year, with 199 originations. The 2nd most popular length was 15 Year, with 58 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Citizens Community Federal's average total fees were $3,701, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 124 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2022, Citizens Community Federal's average interest rate for loans was 4.94%, while their most frequently originated rate bucket for loans was 4-5%, with 174 originations.
2022 saw Citizens Community Federal place emphasis on $200k-400k loans with 140 originations, totaling $38,440,000 in origination value.
Citizens Community Federal lent most frequently to those with incomes in the $50k-75k range, with 74 originations. The second most popular income band? $50k or less, with 71 originations.
Applicant Debt to Income Ratio
Citizens Community Federal lent most frequently to those with DTI ratios of 20-30%, with 60 originations. The next most common DTI ratio? 30-36%, with 56 originations.
Approval RatesTotal approvals of all applications
Citizens Community Federal has an average approval rate.
Pick RateApprovals leading to origination
Citizens Community Federal has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
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%|