Citizens State Bank Of Cheney Mortgage Rates, Fees & Info

Cheney, KS

LEI: 549300XZNS9SEC471Q24

Tax ID: 48-0169030

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Citizens State Bank Of Cheney is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Citizens State Bank Of Cheney has a high proportion of conventional loans. Their top markets by origination volume include: Wichita, Kansas City, and Hutchinson 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.

    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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    Originations

    58

    Origination Dollar Volume (All Markets)

    $6,760,000

    Top 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) 44 $5,140,000 $116,818 $0 0.00%
    Outside of Metro Areas 11 $1,145,000 $104,091 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
    Hutchinson, KS (FHA|USDA|VA) 2 $210,000 $105,000 $0 0.00%
    Citizens State Bank Of Cheney's top markets include Wichita, Kansas City, and Hutchinson among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 58 $6,760,000 $116,552 $0 0.00%

    For 2019, Citizens State Bank Of Cheney's most frequently originated type of loan was Conventional, with 58 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 21 $3,035,000 $144,524 $0 0.00%
    Refi 19 $2,065,000 $108,684 $0 0.00%
    Cash Out Refi 16 $1,620,000 $101,250 $0 0.00%
    Home Improvement 1 $25,000 $25,000 $0 0.00%
    Other 1 $15,000 $15,000 $0 0.00%

    For 2019, Citizens State Bank Of Cheney's most frequently cited loan purpose was Home Purchase, with 21 originations. The 2nd most popular reason was Refi, with 19 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 58 $6,760,000 $116,552 $0 0.00%

    For 2019, Citizens State Bank Of Cheney's most frequently cited loan duration was Other, with 58 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 36 $1,790,000 $49,722 $0 0.00%
    $100k-200k 11 $1,645,000 $149,545 $0 0.00%
    $200k-400k 9 $2,495,000 $277,222 $0 0.00%
    $400k-600k 2 $830,000 $415,000 $0 0.00%

    2019 saw Citizens State Bank Of Cheney place emphasis on $100,000 or less loans with 36 originations, totaling $1,790,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 13 $925,000 $71,154 $0 0.00%
    $50k or less 13 $665,000 $51,154 $0 0.00%
    $100k-150k 10 $1,710,000 $171,000 $0 0.00%
    $75k-100k 10 $1,050,000 $105,000 $0 0.00%
    $150k-250k 7 $2,115,000 $302,143 $0 0.00%

    Citizens State Bank Of Cheney lent most frequently to those with incomes in the $50k-75k range, with 13 originations. The second most popular income band? $50k or less, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 58 $6,760,000 $116,552 $0 0.00%

    Citizens State Bank Of Cheney lent most frequently to those with DTI ratios of Exempt%, with 58 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 53 $6,465,000 $121,981 $0 0.00%
    Not applicable 5 $295,000 $59,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.75%

    Citizens State Bank Of Cheney has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.66%

    Citizens State Bank Of Cheney has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 58 $6,760,000 $116,552

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $65,000 $65,000
    Single Family (1-4 Units):Manufactured 1 $45,000 $45,000
    Single Family (1-4 Units):Site-Built 56 $6,650,000 $118,750

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 10 4.3%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Closing on a mortgage 6 2.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Struggling to pay mortgage 20 8.6%
    CITIZENS FINANCIAL GROUP, INC. Conventional home mortgage Trouble during payment process 81 34.8%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Closing on a mortgage 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Incorrect information on your report 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. FHA mortgage Trouble during payment process 13 5.6%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 11 4.7%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 9 3.9%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 8 3.4%
    CITIZENS FINANCIAL GROUP, INC. Home equity loan or line of credit (HELOC) Trouble during payment process 52 22.3%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Closing on a mortgage 4 1.7%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Struggling to pay mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. Other type of mortgage Trouble during payment process 3 1.3%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Applying for a mortgage or refinancing an existing mortgage 2 0.9%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Struggling to pay mortgage 1 0.4%
    CITIZENS FINANCIAL GROUP, INC. VA mortgage Trouble during payment process 2 0.9%