First-citizens Bank & Trust Company Mortgage Rates, Fees & Info

Raleigh, NC

LEI: L9VVX1KT5TFTKS0MLF66

Tax ID: 56-0223230

5 stars - Updated: 6/9/24 - out of 5 stars, based on 124 reviews

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

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Mortgage Data

Review & Overview

First-citizens Bank & Trust Company is a mid-sized bank specializing in Home Purchase loans. First-citizens Bank & Trust Company has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, Raleigh, Charlotte, San Francisco, and Charleston among others. We have data for 255 markets. (Some data included below & more in-depth data is available with an active subscription.)

First-citizens Bank & Trust Company has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. First-citizens Bank & Trust Company is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

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.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 6/9/24
30 Year Conventional Purchase 6.20% 6/9/24
30 Year Conventional Refi 6.29% 6/9/24
30 Year Cash-out Refi 6.45% 6/9/24
30 Year FHA Purchase 7.10% 6/9/24
30 Year FHA Refi 7.07% 6/9/24
30 Year VA Purchase 6.25% 6/9/24
30 Year VA Refi 5.89% 6/9/24
30 Year USDA Purchase 6.62% 6/9/24
15 Year Conventional Purchase 5.79% 6/9/24
15 Year Conventional Refi 5.85% 6/9/24
15 Year Cash-out Refi 5.85% 6/9/24
15 Year FHA Refi 7.23% 6/9/24
15 Year VA Refi 5.68% 6/9/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

First-citizens Bank & Trust Company Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from First-citizens Bank & Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

15,304

Origination Dollar Volume (All Markets)

$5,902,870,000
Show all (90) awards

Relative Rate

First-citizens Bank & Trust Company's average 30 year fixed mortgage rate was 6.09%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.39%.

Relative Fees (Closing Costs)

First-citizens Bank & Trust Company's average total fees/closing costs for a 30 year fixed rate mortgage were $6,247.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 586 $692,100,000 $1,181,058 $10,958 5.71%
RALEIGH-CARY, NC (FHA|USDA|VA) 1,519 $412,715,000 $271,702 $3,572 6.83%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1,577 $371,175,000 $235,368 $3,310 6.86%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 340 $368,730,000 $1,084,500 $5,795 4.74%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 880 $334,370,000 $379,966 $5,409 6.83%
Outside of Metro Areas 727 $167,995,000 $231,080 $3,514 6.70%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 146 $150,040,000 $1,027,671 $5,367 4.61%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 477 $147,845,000 $309,948 $3,597 6.77%
COLUMBIA, SC (FHA|USDA|VA) 683 $146,705,000 $214,795 $4,045 6.79%
WILMINGTON, NC (FHA|USDA|VA) 452 $146,320,000 $323,717 $3,747 6.84%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 191 $142,345,000 $745,262 $11,779 5.91%
ASHEVILLE, NC (FHA|USDA|VA) 543 $136,555,000 $251,483 $3,571 6.80%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 518 $133,370,000 $257,471 $4,071 6.75%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 106 $116,190,000 $1,096,132 $10,527 6.02%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 99 $114,175,000 $1,153,283 $4,755 4.80%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 121 $113,315,000 $936,488 $9,108 6.46%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 62 $108,930,000 $1,756,935 $6,909 5.13%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 392 $100,860,000 $257,296 $4,000 6.74%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 192 $72,060,000 $375,313 $4,816 6.69%
Morehead City, NC (FHA|USDA|VA) 215 $70,775,000 $329,186 $4,193 6.50%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 304 $69,320,000 $228,026 $3,050 6.86%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 400 $66,410,000 $166,025 $3,606 6.74%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 83 $63,345,000 $763,193 $6,274 5.92%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 56 $57,560,000 $1,027,857 $5,734 5.90%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 132 $54,900,000 $415,909 $4,730 6.87%
WINSTON-SALEM, NC (FHA|USDA|VA) 277 $53,585,000 $193,448 $3,294 6.78%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 40 $52,250,000 $1,306,250 $7,984 5.68%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $49,510,000 $12,377,500 $0 6.63%
NEW BERN, NC (FHA|USDA|VA) 212 $47,730,000 $225,142 $4,213 6.63%
SPARTANBURG, SC (FHA|USDA|VA) 266 $45,180,000 $169,850 $3,480 6.84%
FAYETTEVILLE, NC (FHA|USDA|VA) 318 $40,180,000 $126,352 $2,134 6.67%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 132 $37,700,000 $285,606 $5,141 6.91%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 80 $35,340,000 $441,750 $5,069 6.76%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 39 $35,155,000 $901,410 $8,337 5.67%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 24 $32,180,000 $1,340,833 $5,355 6.43%
JACKSONVILLE, FL (FHA|USDA|VA) 62 $32,150,000 $518,548 $6,446 6.45%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 162 $31,830,000 $196,481 $3,605 6.84%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 8 $31,060,000 $3,882,500 $7,332 5.88%
ROANOKE, VA (FHA|USDA|VA) 147 $30,745,000 $209,150 $3,994 6.63%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 43 $29,725,000 $691,279 $4,581 6.20%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 49 $28,775,000 $587,245 $5,100 6.16%
Boone, NC (FHA|USDA|VA) 63 $28,755,000 $456,429 $4,571 6.71%
GREENVILLE, NC (FHA|USDA|VA) 132 $27,500,000 $208,333 $3,496 6.62%
RICHMOND, VA (FHA|USDA|VA) 113 $26,865,000 $237,743 $3,417 7.05%
Vineyard Haven, MA (FHA|USDA|VA) 4 $25,660,000 $6,415,000 $26,491 5.31%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 12 $24,160,000 $2,013,333 $4,937 5.83%
Bozeman, MT (FHA|USDA|VA) 2 $22,690,000 $11,345,000 $4,365 6.68%
Georgetown, SC (FHA|USDA|VA) 72 $20,800,000 $288,889 $4,269 6.55%
JACKSONVILLE, NC (FHA|USDA|VA) 90 $19,890,000 $221,000 $3,858 6.87%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 44 $19,080,000 $433,636 $4,775 6.44%
Cullowhee, NC (FHA|USDA|VA) 59 $18,805,000 $318,729 $6,320 6.61%
Seneca, SC (FHA|USDA|VA) 45 $18,455,000 $410,111 $5,161 6.48%
Glenwood Springs, CO (FHA|USDA|VA) 3 $18,225,000 $6,075,000 $10,951 5.13%
Heber, UT (FHA|USDA|VA) 11 $17,725,000 $1,611,364 $4,777 5.53%
FLORENCE, SC (FHA|USDA|VA) 112 $17,480,000 $156,071 $3,510 6.72%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 9 $16,895,000 $1,877,222 $11,593 5.51%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 66 $15,790,000 $239,242 $3,736 6.57%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 68 $15,400,000 $226,471 $2,449 6.94%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 20 $15,040,000 $752,000 $8,068 5.65%
Brevard, NC (FHA|USDA|VA) 75 $14,995,000 $199,933 $3,423 6.86%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 29 $14,485,000 $499,483 $4,825 6.43%
Hailey, ID (FHA|USDA|VA) 4 $14,090,000 $3,522,500 $9,313 5.13%
LYNCHBURG, VA (FHA|USDA|VA) 89 $13,625,000 $153,090 $2,558 7.09%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 7 $13,595,000 $1,942,143 $6,760 5.58%
KNOXVILLE, TN (FHA|USDA|VA) 28 $13,570,000 $484,643 $5,494 6.52%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 32 $13,130,000 $410,313 $6,271 6.67%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 30 $12,990,000 $433,000 $4,526 6.71%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 20 $12,340,000 $617,000 $4,819 6.28%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 12 $11,910,000 $992,500 $3,898 6.33%
RENO, NV (FHA|USDA|VA) 10 $11,060,000 $1,106,000 $4,269 5.96%
Gardnerville Ranchos, NV (FHA|USDA|VA) 2 $10,840,000 $5,420,000 $15,927 5.31%
SUMTER, SC (FHA|USDA|VA) 59 $10,805,000 $183,136 $3,285 6.57%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 14 $10,530,000 $752,143 $8,620 6.06%
SAVANNAH, GA (FHA|USDA|VA) 55 $10,125,000 $184,091 $4,603 7.11%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 16 $9,700,000 $606,250 $6,364 5.73%
Albemarle, NC (FHA|USDA|VA) 45 $9,125,000 $202,778 $4,396 6.72%
Sevierville, TN (FHA|USDA|VA) 10 $8,820,000 $882,000 $6,316 6.15%
Marion, NC (FHA|USDA|VA) 27 $8,185,000 $303,148 $3,841 6.60%
BEND, OR (FHA|USDA|VA) 5 $7,745,000 $1,549,000 $10,604 6.03%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 16 $7,490,000 $468,125 $4,383 6.19%
Wilson, NC (FHA|USDA|VA) 45 $7,475,000 $166,111 $3,917 6.57%
Danville, VA (FHA|USDA|VA) 54 $7,330,000 $135,741 $3,661 6.69%
GOLDSBORO, NC (FHA|USDA|VA) 44 $7,160,000 $162,727 $3,608 7.07%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 7 $7,085,000 $1,012,143 $10,975 6.48%
Forest City, NC (FHA|USDA|VA) 34 $7,000,000 $205,882 $3,890 6.70%
Greenwood, SC (FHA|USDA|VA) 36 $6,980,000 $193,889 $4,237 6.60%
Sanford, NC (FHA|USDA|VA) 43 $6,325,000 $147,093 $3,149 6.92%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 31 $6,155,000 $198,548 $2,133 6.24%
ROCKY MOUNT, NC (FHA|USDA|VA) 30 $6,020,000 $200,667 $4,264 6.33%
Key West, FL (FHA|USDA|VA) 7 $5,925,000 $846,429 $10,960 6.56%
HARRISONBURG, VA (FHA|USDA|VA) 20 $5,830,000 $291,500 $3,761 6.52%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 9 $5,795,000 $643,889 $9,238 6.79%
BURLINGTON, NC (FHA|USDA|VA) 32 $5,690,000 $177,813 $3,674 6.84%
Edwards, CO (FHA|USDA|VA) 3 $5,385,000 $1,795,000 $5,970 5.17%
Kinston, NC (FHA|USDA|VA) 46 $5,310,000 $115,435 $3,342 7.11%
STAUNTON, VA (FHA|USDA|VA) 32 $5,130,000 $160,313 $2,315 6.93%
Newberry, SC (FHA|USDA|VA) 25 $5,125,000 $205,000 $4,022 6.78%
VALLEJO, CA (FHA|USDA|VA) 6 $4,900,000 $816,667 $7,183 3.46%
BOULDER, CO (FHA|USDA|VA) 5 $4,895,000 $979,000 $9,575 5.53%
PORT ST. LUCIE, FL (FHA|USDA|VA) 20 $4,860,000 $243,000 $3,508 6.79%
Truckee-Grass Valley, CA (FHA|USDA|VA) 5 $4,685,000 $937,000 $4,793 6.28%
Washington, NC (FHA|USDA|VA) 27 $4,615,000 $170,926 $3,220 6.51%
NAPA, CA (FHA|USDA|VA) 3 $4,605,000 $1,535,000 $7,895 5.74%
SANTA FE, NM (FHA|USDA|VA) 11 $4,595,000 $417,727 $5,486 7.02%
Orangeburg, SC (FHA|USDA|VA) 32 $4,430,000 $138,438 $4,257 6.95%
SALT LAKE CITY, UT (FHA|USDA|VA) 5 $4,215,000 $843,000 $4,472 6.41%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $4,195,000 $466,111 $6,775 6.94%
North Wilkesboro, NC (FHA|USDA|VA) 32 $4,050,000 $126,563 $2,556 6.85%
SALINAS, CA (FHA|USDA|VA) 3 $3,765,000 $1,255,000 $4,395 5.72%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $3,760,000 $626,667 $6,552 6.05%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $3,705,000 $3,705,000 $0 6.05%
ALBUQUERQUE, NM (FHA|USDA|VA) 16 $3,700,000 $231,250 $4,405 6.41%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 35 $3,615,000 $103,286 $1,629 6.80%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 2 $3,610,000 $1,805,000 $3,955 5.85%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $3,565,000 $509,286 $5,878 5.44%
Kapaa, HI (FHA|USDA|VA) 1 $3,505,000 $3,505,000 $12,032 4.25%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $3,430,000 $1,715,000 $7,406 4.81%
Mount Airy, NC (FHA|USDA|VA) 27 $3,405,000 $126,111 $2,119 7.00%
Kill Devil Hills, NC (FHA|USDA|VA) 7 $3,405,000 $486,429 $4,268 6.86%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 10 $3,390,000 $339,000 $6,422 6.54%
COLORADO SPRINGS, CO (FHA|USDA|VA) 6 $3,280,000 $546,667 $3,207 7.11%
STOCKTON, CA (FHA|USDA|VA) 7 $3,265,000 $466,429 $3,877 4.71%
Henderson, NC (FHA|USDA|VA) 13 $3,215,000 $247,308 $4,230 6.30%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 4 $3,110,000 $777,500 $4,266 4.69%
Ellensburg, WA (FHA|USDA|VA) 2 $2,980,000 $1,490,000 $6,464 6.48%
KANSAS CITY, MO-KS (FHA|USDA|VA) 11 $2,875,000 $261,364 $4,623 6.59%
OKLAHOMA CITY, OK (FHA|USDA|VA) 13 $2,845,000 $218,846 $3,895 6.22%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $2,605,000 $2,605,000 $2,421 4.50%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $2,325,000 $775,000 $4,783 5.63%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $2,225,000 $2,225,000 $12,561 5.85%
BAKERSFIELD, CA (FHA|USDA|VA) 6 $2,210,000 $368,333 $6,428 6.65%
GREELEY, CO (FHA|USDA|VA) 2 $2,150,000 $1,075,000 $3,149 6.75%
Lebanon, NH-VT (FHA|USDA|VA) 3 $2,145,000 $715,000 $6,073 6.50%
TUCSON, AZ (FHA|USDA|VA) 6 $2,140,000 $356,667 $5,155 5.98%
BELLINGHAM, WA (FHA|USDA|VA) 2 $2,080,000 $1,040,000 $9,213 6.39%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $1,995,000 $1,995,000 $11,216 5.50%
KINGSTON, NY (FHA|USDA|VA) 2 $1,960,000 $980,000 $5,202 5.44%
Toccoa, GA (FHA|USDA|VA) 9 $1,945,000 $216,111 $2,195 6.41%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $1,855,000 $618,333 $7,685 6.21%
Newport, OR (FHA|USDA|VA) 2 $1,850,000 $925,000 $9,877 5.76%
Gaffney, SC (FHA|USDA|VA) 10 $1,840,000 $184,000 $3,005 6.51%
Elizabeth City, NC (FHA|USDA|VA) 12 $1,800,000 $150,000 $3,213 6.27%
Shelby, NC (FHA|USDA|VA) 12 $1,790,000 $149,167 $3,164 6.80%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $1,755,000 $1,755,000 $5,620 5.38%
FORT COLLINS, CO (FHA|USDA|VA) 4 $1,670,000 $417,500 $3,574 5.90%
MORRISTOWN, TN (FHA|USDA|VA) 3 $1,645,000 $548,333 $7,178 6.33%
ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $1,585,000 $528,333 $3,097 7.07%
GAINESVILLE, FL (FHA|USDA|VA) 2 $1,550,000 $775,000 $11,147 4.90%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $1,540,000 $385,000 $6,509 5.67%
WINCHESTER, VA-WV (FHA|USDA|VA) 7 $1,535,000 $219,286 $5,594 6.72%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $1,500,000 $750,000 $3,740 5.19%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 7 $1,495,000 $213,571 $3,375 6.09%
Roanoke Rapids, NC (FHA|USDA|VA) 13 $1,455,000 $111,923 $3,129 6.86%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 5 $1,445,000 $289,000 $0 6.63%
Durango, CO (FHA|USDA|VA) 1 $1,425,000 $1,425,000 $0 6.90%
Barre, VT (FHA|USDA|VA) 1 $1,405,000 $1,405,000 $7,202 6.00%
JOHNSON CITY, TN (FHA|USDA|VA) 12 $1,280,000 $106,667 $4,370 6.58%
Bennettsville, SC (FHA|USDA|VA) 14 $1,280,000 $91,429 $3,119 6.30%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $1,250,000 $625,000 $8,630 5.74%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $1,235,000 $1,235,000 $4,679 6.38%
Jefferson, GA (FHA|USDA|VA) 6 $1,230,000 $205,000 $3,692 6.40%
Hilo, HI (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $6,042 4.00%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $0 6.50%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $1,100,000 $550,000 $11,905 8.07%
FLAGSTAFF, AZ (FHA|USDA|VA) 2 $1,080,000 $540,000 $5,870 5.44%
Prineville, OR (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $7,688 6.03%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $1,020,000 $510,000 $4,946 5.48%
PROVO-OREM, UT (FHA|USDA|VA) 1 $1,015,000 $1,015,000 $5,896 4.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $1,015,000 $338,333 $3,549 6.10%
Oak Harbor, WA (FHA|USDA|VA) 2 $1,010,000 $505,000 $4,483 5.53%
Lumberton, NC (FHA|USDA|VA) 6 $980,000 $163,333 $2,807 6.46%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $950,000 $475,000 $4,718 5.65%
GAINESVILLE, GA (FHA|USDA|VA) 7 $925,000 $132,143 $2,416 6.71%
Laconia, NH (FHA|USDA|VA) 1 $905,000 $905,000 $2,959 4.75%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $900,000 $450,000 $3,477 5.13%
MOBILE, AL (FHA|USDA|VA) 2 $890,000 $445,000 $3,290 6.68%
CHICO, CA (FHA|USDA|VA) 1 $885,000 $885,000 $7,325 6.65%
Cornelia, GA (FHA|USDA|VA) 4 $850,000 $212,500 $4,540 7.33%
YAKIMA, WA (FHA|USDA|VA) 1 $845,000 $845,000 $9,530 5.70%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $795,000 $795,000 $5,118 6.25%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $790,000 $395,000 $4,513 6.20%
THE VILLAGES, FL (FHA|USDA|VA) 1 $765,000 $765,000 $10,816 6.72%
Breckenridge, CO (FHA|USDA|VA) 1 $765,000 $765,000 $3,878 6.03%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $765,000 $765,000 $4,318 5.88%
COLUMBUS, OH (FHA|USDA|VA) 2 $740,000 $370,000 $5,098 6.25%
OCALA, FL (FHA|USDA|VA) 2 $740,000 $370,000 $4,167 5.52%
Big Stone Gap, VA (FHA|USDA|VA) 1 $705,000 $705,000 $6,155 7.58%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $695,000 $231,667 $1,804 7.33%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $660,000 $330,000 $2,697 5.75%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $655,000 $655,000 $5,535 6.00%
RACINE, WI (FHA|USDA|VA) 2 $620,000 $310,000 $0 6.00%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $605,000 $605,000 $5,629 5.43%
SHEBOYGAN, WI (FHA|USDA|VA) 3 $575,000 $191,667 $2,934 6.17%
BRUNSWICK, GA (FHA|USDA|VA) 3 $575,000 $191,667 $4,283 6.45%
MERCED, CA (FHA|USDA|VA) 1 $555,000 $555,000 $16,187 5.38%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $555,000 $555,000 $5,040 7.33%
Laurinburg, NC (FHA|USDA|VA) 4 $530,000 $132,500 $3,344 6.90%
GREEN BAY, WI (FHA|USDA|VA) 2 $530,000 $265,000 $3,014 6.58%
Taos, NM (FHA|USDA|VA) 1 $525,000 $525,000 $4,530 4.63%
CHARLESTON, WV (FHA|USDA|VA) 1 $515,000 $515,000 $4,793 7.63%
YUBA CITY, CA (FHA|USDA|VA) 1 $475,000 $475,000 $13,077 6.25%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $465,000 $465,000 $6,166 5.73%
TOLEDO, OH (FHA|USDA|VA) 2 $460,000 $230,000 $8,101 7.19%
MORGANTOWN, WV (FHA|USDA|VA) 1 $445,000 $445,000 $0 5.91%
EL CENTRO, CA (FHA|USDA|VA) 2 $420,000 $210,000 $4,328 7.34%
LANCASTER, PA (FHA|USDA|VA) 1 $405,000 $405,000 $0 7.00%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $375,000 $375,000 $6,549 6.30%
Union, SC (FHA|USDA|VA) 2 $360,000 $180,000 $4,269 6.57%
MADISON, WI (FHA|USDA|VA) 1 $355,000 $355,000 $3,037 7.38%
FARMINGTON, NM (FHA|USDA|VA) 1 $355,000 $355,000 $2,649 5.37%
Helena, MT (FHA|USDA|VA) 1 $355,000 $355,000 $0 7.88%
Cañon City, CO (FHA|USDA|VA) 1 $345,000 $345,000 $4,372 6.88%
Dodge City, KS (FHA|USDA|VA) 1 $335,000 $335,000 $2,477 6.60%
St. Marys, GA (FHA|USDA|VA) 1 $325,000 $325,000 $2,286 5.39%
LONGVIEW, TX (FHA|USDA|VA) 1 $305,000 $305,000 $6,921 7.25%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $295,000 $295,000 $3,806 5.50%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $285,000 $285,000 $4,772 5.75%
PITTSBURGH, PA (FHA|USDA|VA) 1 $285,000 $285,000 $5,395 5.38%
COLUMBIA, MO (FHA|USDA|VA) 1 $275,000 $275,000 $3,087 6.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $265,000 $265,000 $3,585 5.74%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.30%
Hudson, NY (FHA|USDA|VA) 1 $255,000 $255,000 $3,811 6.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.99%
Okeechobee, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 5.99%
Statesboro, GA (FHA|USDA|VA) 3 $255,000 $85,000 $0 7.66%
Calhoun, GA (FHA|USDA|VA) 1 $245,000 $245,000 $2,620 5.37%
Lake City, FL (FHA|USDA|VA) 1 $235,000 $235,000 $4,734 8.13%
MODESTO, CA (FHA|USDA|VA) 1 $235,000 $235,000 $7,311 6.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $230,000 $115,000 $0 7.67%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $9,576 4.63%
Gallup, NM (FHA|USDA|VA) 1 $215,000 $215,000 $10,054 5.88%
VALDOSTA, GA (FHA|USDA|VA) 1 $205,000 $205,000 $3,968 6.30%
Lewisburg, TN (FHA|USDA|VA) 1 $205,000 $205,000 $3,915 7.38%
McMinnville, TN (FHA|USDA|VA) 1 $175,000 $175,000 $3,822 7.75%
Rockingham, NC (FHA|USDA|VA) 1 $175,000 $175,000 $4,052 7.50%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $135,000 $135,000 $3,100 7.38%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $130,000 $65,000 $0 7.49%
ROCKFORD, IL (FHA|USDA|VA) 2 $130,000 $65,000 $4,179 7.00%
Beaver Dam, WI (FHA|USDA|VA) 1 $125,000 $125,000 $3,754 7.50%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $125,000 $125,000 $4,175 6.03%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.99%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,590 6.25%
Clarksburg, WV (FHA|USDA|VA) 2 $120,000 $60,000 $2,587 8.68%
Martinsville, VA (FHA|USDA|VA) 1 $115,000 $115,000 $2,811 7.00%
PANAMA CITY, FL (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.99%
GLENS FALLS, NY (FHA|USDA|VA) 1 $85,000 $85,000 $5,316 5.13%
Manitowoc, WI (FHA|USDA|VA) 1 $85,000 $85,000 $0 6.60%
Douglas, GA (FHA|USDA|VA) 1 $85,000 $85,000 $2,093 6.40%
Fernley, NV (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.14%
LOUISVILLE, KY (FHA|USDA|VA) 1 $65,000 $65,000 $1,850 5.74%
HINESVILLE, GA (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.65%
LINCOLN, NE (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.99%
Waycross, GA (FHA|USDA|VA) 1 $45,000 $45,000 $0 10.39%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.49%
FOND DU LAC, WI (FHA|USDA|VA) 1 $35,000 $35,000 $300 5.64%
First-citizens Bank & Trust Company's top markets include Los Angeles, Raleigh, Charlotte, San Francisco, and Charleston among others.

Their top states include:
  • North Carolina (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 7,764 $4,556,720,000 $586,904 $4,602 6.10%
    HELOC 7,263 $1,247,085,000 $171,704 n/a 7.14%
    FHA 226 $83,140,000 $367,876 $14,371 6.01%
    VA 41 $13,905,000 $339,146 $7,368 6.15%
    USDA 10 $2,020,000 $202,000 $6,139 6.14%

    For 2023, First-citizens Bank & Trust Company's most frequently originated type of loan was Conventional, with 7,764 originations. Their 2nd most popular type was HELOC, with 7,263 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,177 $3,376,475,000 $652,207 $6,364 6.03%
    Other 3,513 $827,335,000 $235,507 $2,278 6.97%
    Home Improvement 3,184 $436,050,000 $136,950 $1,410 6.99%
    Refi 3,168 $994,980,000 $314,072 $2,553 6.74%
    Cash Out Refi 262 $268,030,000 $1,023,015 $5,245 6.23%

    For 2023, First-citizens Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 5,177 originations. The 2nd most popular reason was Other, with 3,513 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 7,526 $1,329,780,000 $176,691 $1,403 7.11%
    30 Year 5,146 $3,868,560,000 $751,761 $6,247 6.09%
    15 Year 906 $185,790,000 $205,066 $2,069 6.41%
    10 Year 826 $137,550,000 $166,525 $1,391 6.31%
    5 Year 474 $206,980,000 $436,667 $875 4.90%
    20 Year 356 $65,830,000 $184,916 $2,587 6.28%
    3 Year 46 $89,420,000 $1,943,913 $0 6.24%
    1 Year 21 $8,865,000 $422,143 $4,206 7.61%
    30+ year 3 $10,095,000 $3,365,000 $0 6.95%

    For 2023, First-citizens Bank & Trust Company's most frequently cited loan duration was Other, with 7,526 originations. The 2nd most popular length was 30 Year, with 5,146 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,805 $1,471,925,000 $524,750
    $1k-2k 2,598 $1,188,410,000 $457,433
    $2k-3k 981 $637,365,000 $649,709
    $5k+ 476 $422,410,000 $887,416
    $3k-4k 277 $150,215,000 $542,292
    $4k-5k 147 $88,115,000 $599,422

    First-citizens Bank & Trust Company's average total fees were $6,247, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,805 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 5,923 $2,439,545,000 $411,877
    6-7% 4,662 $1,729,220,000 $370,918
    7-8% 2,333 $701,925,000 $300,868
    Over 8% 1,787 $288,695,000 $161,553
    4-5% 459 $617,215,000 $1,344,695
    <2.5% 105 $2,215,000 $21,095
    3-4% 34 $114,300,000 $3,361,765
    2.5-3% 1 $9,755,000 $9,755,000

    During 2023, First-citizens Bank & Trust Company's average interest rate for loans was 6.09%, while their most frequently originated rate bucket for loans was 5-6%, with 5,923 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 4,221 $541,815,000 $128,362 $2,739 6.85%
    $100,000 or less 3,950 $237,640,000 $60,162 $1,098 6.81%
    $200k-400k 3,183 $890,695,000 $279,829 $4,857 6.56%
    $400k-600k 1,565 $754,795,000 $482,297 $6,525 6.31%
    $1MM+ 1,196 $2,571,760,000 $2,150,301 $8,396 5.83%
    $600k-1MM 1,189 $906,165,000 $762,124 $6,885 6.20%

    2023 saw First-citizens Bank & Trust Company place emphasis on $100k-200k loans with 4,221 originations, totaling $541,815,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 4,054 $2,976,810,000 $734,290 $6,181 6.48%
    $150k-250k 3,073 $815,025,000 $265,221 $4,625 6.78%
    $100k-150k 2,919 $578,165,000 $198,070 $5,006 6.74%
    $75k-100k 1,765 $279,355,000 $158,275 $4,480 6.54%
    $50k-75k 1,577 $188,505,000 $119,534 $3,417 6.55%
    $50k or less 847 $67,535,000 $79,734 $2,377 6.64%

    First-citizens Bank & Trust Company lent most frequently to those with incomes in the $250k+ range, with 4,054 originations. The second most popular income band? $150k-250k, with 3,073 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 3,179 $959,785,000 $301,914 $4,032 6.71%
    30-36% 2,462 $854,040,000 $346,889 $4,626 6.67%
    <20% 1,755 $491,385,000 $279,991 $3,730 6.68%
    44% 1,602 $462,920,000 $288,964 $4,883 6.77%
    43% 683 $253,315,000 $370,886 $4,680 6.57%
    42% 614 $226,120,000 $368,274 $5,356 6.43%
    41% 603 $211,365,000 $350,522 $4,900 6.52%
    40% 550 $191,830,000 $348,782 $4,938 6.57%
    39% 514 $186,530,000 $362,899 $4,521 6.57%
    38% 499 $203,455,000 $407,725 $4,969 6.57%
    37% 466 $173,150,000 $371,567 $4,476 6.55%
    36% 454 $156,180,000 $344,009 $4,753 6.68%
    45% 368 $135,080,000 $367,065 $5,766 6.39%
    49% 182 $109,810,000 $603,352 $7,590 6.20%
    50-60% 179 $160,285,000 $895,447 $11,792 5.88%
    46% 175 $89,595,000 $511,971 $6,554 6.02%
    48% 159 $99,165,000 $623,679 $6,957 5.92%
    47% 141 $67,905,000 $481,596 $7,021 5.83%
    >60% 20 $12,200,000 $610,000 $5,539 6.10%

    First-citizens Bank & Trust Company lent most frequently to those with DTI ratios of 20-30%, with 3,179 originations. The next most common DTI ratio? 30-36%, with 2,462 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 10,127 $3,400,825,000 $335,818 $4,812 6.65%
    Not provided 3,063 $1,017,265,000 $332,114 $4,225 6.74%
    Not applicable 577 $828,505,000 $1,435,884 $11,942 6.24%
    Asian 640 $358,140,000 $559,594 $6,842 5.74%
    Black 693 $161,725,000 $233,369 $5,169 6.40%
    Asian Indian 62 $84,460,000 $1,362,258 $6,350 5.61%
    American Indian 65 $18,435,000 $283,615 $6,665 6.16%
    Other Asian 27 $10,995,000 $407,222 $5,177 6.39%
    Chinese 7 $8,705,000 $1,243,571 $4,618 5.91%
    Filipino 11 $4,225,000 $384,091 $4,899 5.23%
    Native Hawaiian or Islander 14 $3,430,000 $245,000 $4,747 6.19%
    Japanese 2 $3,090,000 $1,545,000 $5,828 5.25%
    Other Pacific Islander 12 $2,020,000 $168,333 $2,236 6.63%
    Korean 4 $1,050,000 $262,500 $7,085 4.28%

    Approval Rates

    Total approvals of all applications
    79.44%

    First-citizens Bank & Trust Company has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.53%

    First-citizens Bank & Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 15,304 $5,902,870,000 $385,708

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    15,304 $5,902,870,000 $385,708

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4,262 $804,730,000 $188,815 $2,360 6.91%
    40-60% 1,781 $1,077,315,000 $604,893 $4,752 6.54%
    60-80% 2,359 $1,838,015,000 $779,150 $6,258 6.28%
    80-100% 3,021 $1,808,705,000 $598,711 $6,369 6.20%
    Over 100% 12 $4,700,000 $391,667 $12,378 6.36%
    Under 20% 3,869 $369,405,000 $95,478 $1,102 6.77%