First Citrus Bank Mortgage Rates, Fees & Info
Tampa, FLLEI: 549300VVOEBMZBXLUN11
Tax ID: 59-3528089
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Mortgage Data
Review & Overview
First Citrus Bank is a smaller bank specializing in Home Purchase loans. First Citrus Bank has a high proportion of conventional loans. Their top two markets are Tampa and North Port .First Citrus Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
18Origination Dollar Volume (All Markets)
$13,480,000Top 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 |
---|---|---|---|---|---|
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 17 | $12,525,000 | $736,765 | $0 | 0.00% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $955,000 | $955,000 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 18 | $13,480,000 | $748,889 | $0 | 0.00% |
For 2018, First Citrus Bank's most frequently originated type of loan was Conventional, with 18 originations.
Loan Reason
For 2018, First Citrus Bank's most frequently cited loan purpose was Home Purchase, with 12 originations. The 2nd most popular reason was Home Improvement, with 2 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 18 | $13,480,000 | $748,889 | $0 | 0.00% |
For 2018, First Citrus Bank's most frequently cited loan duration was Other, with 18 originations.
Loan Sizing
2018 saw First Citrus Bank place emphasis on $200k-400k loans with 5 originations, totaling $1,285,000 in origination value.
Applicant Income
Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
$100k-150k | 1 | $105,000 | $105,000 | $0 | 0.00% |
$50k or less | 1 | $85,000 | $85,000 | $0 | 0.00% |
First Citrus Bank lent most frequently to those with incomes in the $100k-150k range, with 1 originations. The second most popular income band? $50k or less, with 1 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 18 | $13,480,000 | $748,889 | $0 | 0.00% |
First Citrus Bank lent most frequently to those with DTI ratios of Exempt%, with 18 originations.
Ethnicity Mix
Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Not applicable | 16 | $13,290,000 | $830,625 | $0 | 0.00% |
White | 1 | $105,000 | $105,000 | $0 | 0.00% |
Asian | 1 | $85,000 | $85,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications93.75%
First Citrus Bank has an average approval rate.
Pick Rate
Approvals leading to origination94.44%
First Citrus Bank has an average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 18 | $13,480,000 | $748,889 |
Occupancy Type Mix
Dwelling Type | Originations | Total Value | Average Loan |
---|---|---|---|
Multifamily:Site-Built | 6 | $9,680,000 | $1,613,333 |
Single Family (1-4 Units):Site-Built | 12 | $3,800,000 | $316,667 |
Complaints
Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
FIRST HORIZON BANK | Other type of mortgage | Trouble during payment process | 1 | 7.1% |
FIRST HORIZON BANK | FHA mortgage | Trouble during payment process | 1 | 7.1% |
FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Incorrect information on your report | 1 | 7.1% |
FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Problem with a credit reporting company's investigation into an existing problem | 1 | 7.1% |
FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 7.1% |
FIRST HORIZON BANK | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
FIRST HORIZON BANK | Conventional home mortgage | Struggling to pay mortgage | 3 | 21.4% |
FIRST HORIZON BANK | Conventional home mortgage | Trouble during payment process | 5 | 35.7% |