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 and Refi loans. First Citrus Bank has a high proportion of conventional loans. Their top (well, only) market is Tampa.First Citrus 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
14Origination Dollar Volume (All Markets)
$5,730,000Top 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) | 14 | $5,730,000 | $409,286 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 14 | $5,730,000 | $409,286 | $0 | 0.00% |
For 2019, First Citrus Bank's most frequently originated type of loan was Conventional, with 14 originations.
Loan Reason
Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Home Purchase | 11 | $3,775,000 | $343,182 | $0 | 0.00% |
Refi | 3 | $1,955,000 | $651,667 | $0 | 0.00% |
For 2019, First Citrus Bank's most frequently cited loan purpose was Home Purchase, with 11 originations. The 2nd most popular reason was Refi, with 3 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 14 | $5,730,000 | $409,286 | $0 | 0.00% |
For 2019, First Citrus Bank's most frequently cited loan duration was Other, with 14 originations.
Loan Sizing
2019 saw First Citrus Bank place emphasis on $100k-200k loans with 5 originations, totaling $605,000 in origination value.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 14 | $5,730,000 | $409,286 | $0 | 0.00% |
Ethnicity Mix
Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Not applicable | 14 | $5,730,000 | $409,286 | $0 | 0.00% |
Approval Rates
Total approvals of all applications100.00%
First Citrus Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination78.57%
First Citrus Bank has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 14 | $5,730,000 | $409,286 |
Occupancy Type Mix
Dwelling Type | Originations | Total Value | Average Loan |
---|---|---|---|
Multifamily:Site-Built | 3 | $4,085,000 | $1,361,667 |
Single Family (1-4 Units):Site-Built | 11 | $1,645,000 | $149,545 |
Complaints
Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Trouble during payment process | 3 | 20.0% |
FIRST HORIZON BANK | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 6.7% |
FIRST HORIZON BANK | Other type of mortgage | Trouble during payment process | 1 | 6.7% |
FIRST HORIZON BANK | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 6.7% |
FIRST HORIZON BANK | VA mortgage | Closing on a mortgage | 1 | 6.7% |
FIRST HORIZON BANK | FHA mortgage | Trouble during payment process | 2 | 13.3% |
FIRST HORIZON BANK | FHA mortgage | Struggling to pay mortgage | 1 | 6.7% |
FIRST HORIZON BANK | Conventional home mortgage | Trouble during payment process | 4 | 26.7% |
FIRST HORIZON BANK | Conventional home mortgage | Struggling to pay mortgage | 1 | 6.7% |