Citizens Bank And Trust Company Of Grainger County Mortgage Rates, Fees & Info

Rutledge, TN

LEI: 549300YVF0872060HC60

Tax ID: 62-0159280

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
  • 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 Bank And Trust Company Of Grainger County is a smaller bank specializing in Home Purchase loans. Citizens Bank And Trust Company Of Grainger County has a high proportion of conventional loans. Their top markets by origination volume include: Morristown, Kingsport, Greeneville, and Knoxville among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Citizens Bank And Trust Company Of Grainger County 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

    51

    Origination Dollar Volume (All Markets)

    $10,725,000

    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
    MORRISTOWN, TN (FHA|USDA|VA) 43 $9,745,000 $226,628 $0 0.00%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 4 $390,000 $97,500 $0 0.00%
    Greeneville, TN (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
    Outside of Metro Areas 2 $100,000 $50,000 $0 0.00%
    Citizens Bank And Trust Company Of Grainger County's top markets include Morristown, Kingsport, Greeneville, and Knoxville among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 51 $10,725,000 $210,294 $0 0.00%

    For 2023, Citizens Bank And Trust Company Of Grainger County's most frequently originated type of loan was Conventional, with 51 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 34 $8,540,000 $251,176 $0 0.00%
    Other 8 $930,000 $116,250 $0 0.00%
    Refi 5 $695,000 $139,000 $0 0.00%
    Home Improvement 4 $560,000 $140,000 $0 0.00%

    For 2023, Citizens Bank And Trust Company Of Grainger County's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Other, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 51 $10,725,000 $210,294 $0 0.00%

    For 2023, Citizens Bank And Trust Company Of Grainger County's most frequently cited loan duration was Other, with 51 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 18 $1,190,000 $66,111 $0 0.00%
    $200k-400k 16 $4,950,000 $309,375 $0 0.00%
    $100k-200k 12 $1,870,000 $155,833 $0 0.00%
    $400k-600k 4 $1,890,000 $472,500 $0 0.00%
    $600k-1MM 1 $825,000 $825,000 $0 0.00%

    2023 saw Citizens Bank And Trust Company Of Grainger County place emphasis on $100,000 or less loans with 18 originations, totaling $1,190,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 17 $2,355,000 $138,529 $0 0.00%
    $250k+ 8 $3,370,000 $421,250 $0 0.00%
    $75k-100k 8 $1,860,000 $232,500 $0 0.00%
    $100k-150k 7 $1,895,000 $270,714 $0 0.00%
    $50k or less 7 $485,000 $69,286 $0 0.00%
    $150k-250k 4 $760,000 $190,000 $0 0.00%

    Citizens Bank And Trust Company Of Grainger County lent most frequently to those with incomes in the $50k-75k range, with 17 originations. The second most popular income band? $250k+, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 51 $10,725,000 $210,294 $0 0.00%

    Citizens Bank And Trust Company Of Grainger County lent most frequently to those with DTI ratios of Exempt%, with 51 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 51 $10,725,000 $210,294 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.20%

    Citizens Bank And Trust Company Of Grainger County has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.43%

    Citizens Bank And Trust Company Of Grainger County has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 51 $10,725,000 $210,294

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    51 $10,725,000 $210,294