Citizens State Bank Of Cheney Mortgage Rates, Fees & Info
Cheney, KSLEI: 549300XZNS9SEC471Q24
Tax ID: 48-0169030
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Citizens State Bank Of Cheney is a smaller bank specializing in Home Purchase loans. Citizens State Bank Of Cheney has a high proportion of conventional loans. Their top markets by origination volume include: Wichita, Hutchinson, and Winfield among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Citizens State Bank Of Cheney 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
31Origination Dollar Volume (All Markets)
$3,795,000Top 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 |
|---|---|---|---|---|---|
| WICHITA, KS (FHA|USDA|VA) | 22 | $3,370,000 | $153,182 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $265,000 | $53,000 | $0 | 0.00% |
| Hutchinson, KS (FHA|USDA|VA) | 3 | $105,000 | $35,000 | $0 | 0.00% |
| Winfield, KS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 31 | $3,795,000 | $122,419 | $0 | 0.00% |
For 2023, Citizens State Bank Of Cheney's most frequently originated type of loan was Conventional, with 31 originations.
Loan Reason
For 2023, Citizens State Bank Of Cheney's most frequently cited loan purpose was Home Purchase, with 14 originations. The 2nd most popular reason was Cash Out Refi, with 7 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 31 | $3,795,000 | $122,419 | $0 | 0.00% |
For 2023, Citizens State Bank Of Cheney's most frequently cited loan duration was Other, with 31 originations.
Loan Sizing
2023 saw Citizens State Bank Of Cheney place emphasis on $100,000 or less loans with 17 originations, totaling $815,000 in origination value.
Applicant Income
Citizens State Bank Of Cheney lent most frequently to those with incomes in the $100k-150k range, with 9 originations. The second most popular income band? $150k-250k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 31 | $3,795,000 | $122,419 | $0 | 0.00% |
Citizens State Bank Of Cheney lent most frequently to those with DTI ratios of Exempt%, with 31 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 30 | $3,720,000 | $124,000 | $0 | 0.00% |
| Not provided | 1 | $75,000 | $75,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications97.30%
Citizens State Bank Of Cheney has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination83.87%
Citizens State Bank Of Cheney has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 31 | $3,795,000 | $122,419 |