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

Raleigh, NC

LEI: L9VVX1KT5TFTKS0MLF66

Tax ID: 56-0223230

5 stars - Updated: 2/19/24 - out of 5 stars, based on 138 reviews

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

Jump to:

Mortgage Data

Review & Overview

First-citizens Bank & Trust Company is a mid-sized bank specializing in Home Purchase and Refi 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, Charleston, and Asheville among others. We have data for 245 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 about average 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% 2/19/24
30 Year Conventional Purchase 6.20% 2/19/24
30 Year Conventional Refi 6.29% 2/19/24
30 Year Cash-out Refi 6.45% 2/19/24
30 Year FHA Purchase 7.10% 2/19/24
30 Year FHA Refi 7.07% 2/19/24
30 Year VA Purchase 6.25% 2/19/24
30 Year VA Refi 5.89% 2/19/24
30 Year USDA Purchase 6.62% 2/19/24
15 Year Conventional Purchase 5.79% 2/19/24
15 Year Conventional Refi 5.85% 2/19/24
15 Year Cash-out Refi 5.85% 2/19/24
15 Year FHA Refi 7.23% 2/19/24
15 Year VA Refi 5.68% 2/19/24
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

19,096

Origination Dollar Volume (All Markets)

$6,467,570,000
Show all (13) awards

Relative Rate

First-citizens Bank & Trust Company's average 30 year fixed mortgage rate was 4.26%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of -0.5%.

Relative Fees (Closing Costs)

First-citizens Bank & Trust Company's average total fees/closing costs for a 30 year fixed rate mortgage were $5,557.

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 $4,750.

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) 621 $756,355,000 $1,217,963 $9,446 4.12%
RALEIGH-CARY, NC (FHA|USDA|VA) 2,132 $536,330,000 $251,562 $3,211 4.70%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2,283 $526,605,000 $230,664 $3,186 4.72%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1,114 $408,010,000 $366,257 $4,697 4.71%
ASHEVILLE, NC (FHA|USDA|VA) 744 $214,120,000 $287,796 $3,440 4.57%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 685 $207,055,000 $302,270 $3,595 4.58%
Outside of Metro Areas 969 $192,525,000 $198,684 $3,224 4.47%
COLUMBIA, SC (FHA|USDA|VA) 965 $190,595,000 $197,508 $3,570 4.75%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 126 $176,240,000 $1,398,730 $8,133 4.31%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 665 $163,605,000 $246,023 $3,426 4.73%
WILMINGTON, NC (FHA|USDA|VA) 610 $163,570,000 $268,148 $3,371 4.68%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 70 $162,590,000 $2,322,714 $8,054 4.47%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 537 $138,925,000 $258,706 $3,833 4.59%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 128 $131,770,000 $1,029,453 $9,302 4.24%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 67 $98,685,000 $1,472,910 $7,420 3.91%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 120 $87,430,000 $728,583 $9,587 4.53%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 413 $84,445,000 $204,467 $3,338 4.68%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 453 $84,335,000 $186,170 $2,700 4.66%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 203 $80,455,000 $396,330 $4,358 4.59%
Morehead City, NC (FHA|USDA|VA) 243 $71,825,000 $295,576 $3,789 4.48%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 113 $70,105,000 $620,398 $10,299 4.46%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 170 $65,550,000 $385,588 $4,059 4.40%
NEW BERN, NC (FHA|USDA|VA) 248 $65,470,000 $263,992 $3,780 4.61%
WINSTON-SALEM, NC (FHA|USDA|VA) 344 $65,400,000 $190,116 $2,925 4.62%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 178 $61,630,000 $346,236 $4,574 4.72%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 47 $60,505,000 $1,287,340 $7,424 4.51%
SPARTANBURG, SC (FHA|USDA|VA) 317 $56,035,000 $176,767 $3,270 4.64%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 265 $54,695,000 $206,396 $2,951 4.46%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 11 $52,715,000 $4,792,273 $4,798 4.56%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 131 $51,335,000 $391,870 $5,117 4.60%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 52 $50,150,000 $964,423 $6,432 4.44%
FAYETTEVILLE, NC (FHA|USDA|VA) 297 $46,115,000 $155,269 $2,930 4.70%
ROANOKE, VA (FHA|USDA|VA) 213 $45,275,000 $212,559 $3,213 4.61%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 34 $45,260,000 $1,331,176 $5,341 4.73%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 36 $41,640,000 $1,156,667 $5,939 3.82%
RICHMOND, VA (FHA|USDA|VA) 180 $39,200,000 $217,778 $2,992 4.71%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 59 $38,735,000 $656,525 $4,999 4.65%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 42 $38,370,000 $913,571 $9,642 4.11%
Cullowhee, NC (FHA|USDA|VA) 84 $36,400,000 $433,333 $5,234 4.29%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $36,080,000 $18,040,000 $5,759 3.29%
JACKSONVILLE, NC (FHA|USDA|VA) 147 $34,975,000 $237,925 $3,163 4.68%
GREENVILLE, NC (FHA|USDA|VA) 156 $34,240,000 $219,487 $3,349 4.71%
Georgetown, SC (FHA|USDA|VA) 83 $29,815,000 $359,217 $4,065 4.38%
FLORENCE, SC (FHA|USDA|VA) 209 $28,735,000 $137,488 $3,004 4.46%
Boone, NC (FHA|USDA|VA) 72 $28,490,000 $395,694 $4,432 4.64%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 102 $28,370,000 $278,137 $3,366 4.50%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 21 $25,245,000 $1,202,143 $6,511 4.41%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 31 $24,935,000 $804,355 $6,999 4.53%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 21 $24,385,000 $1,161,190 $9,547 3.86%
Brevard, NC (FHA|USDA|VA) 95 $23,635,000 $248,789 $3,558 4.38%
JACKSONVILLE, FL (FHA|USDA|VA) 55 $22,245,000 $404,455 $5,739 4.54%
LYNCHBURG, VA (FHA|USDA|VA) 114 $20,850,000 $182,895 $2,755 4.33%
Seneca, SC (FHA|USDA|VA) 58 $19,450,000 $335,345 $4,219 4.18%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 30 $19,230,000 $641,000 $5,215 4.12%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 47 $18,535,000 $394,362 $5,137 4.85%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 95 $17,985,000 $189,316 $3,482 4.99%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 31 $17,825,000 $575,000 $8,910 4.45%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 12 $16,170,000 $1,347,500 $8,244 3.98%
Greenwood, SC (FHA|USDA|VA) 75 $16,055,000 $214,067 $4,124 4.59%
KNOXVILLE, TN (FHA|USDA|VA) 33 $15,985,000 $484,394 $6,588 4.67%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 26 $12,760,000 $490,769 $6,370 4.83%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 18 $12,080,000 $671,111 $6,496 4.53%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $11,505,000 $11,505,000 $0 3.86%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 25 $11,215,000 $448,600 $5,891 4.78%
SAVANNAH, GA (FHA|USDA|VA) 46 $10,880,000 $236,522 $4,805 5.03%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 10 $10,870,000 $1,087,000 $8,732 3.50%
Forest City, NC (FHA|USDA|VA) 41 $10,775,000 $262,805 $3,300 4.43%
Orangeburg, SC (FHA|USDA|VA) 63 $9,955,000 $158,016 $3,034 4.39%
SUMTER, SC (FHA|USDA|VA) 67 $9,895,000 $147,687 $3,288 4.56%
Sevierville, TN (FHA|USDA|VA) 9 $9,725,000 $1,080,556 $8,185 4.83%
SALINAS, CA (FHA|USDA|VA) 7 $9,605,000 $1,372,143 $12,023 4.14%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 16 $9,550,000 $596,875 $4,266 4.24%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 19 $9,295,000 $489,211 $6,285 4.15%
GOLDSBORO, NC (FHA|USDA|VA) 69 $9,275,000 $134,420 $1,966 4.62%
ROCKY MOUNT, NC (FHA|USDA|VA) 56 $9,230,000 $164,821 $2,621 4.57%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 48 $9,210,000 $191,875 $2,590 4.43%
STAUNTON, VA (FHA|USDA|VA) 41 $7,865,000 $191,829 $3,291 4.09%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 13 $7,675,000 $590,385 $9,559 5.05%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 20 $7,660,000 $383,000 $5,391 4.17%
BURLINGTON, NC (FHA|USDA|VA) 34 $7,520,000 $221,176 $3,261 4.60%
Danville, VA (FHA|USDA|VA) 54 $7,280,000 $134,815 $2,938 4.62%
Albemarle, NC (FHA|USDA|VA) 41 $7,075,000 $172,561 $2,766 4.40%
North Wilkesboro, NC (FHA|USDA|VA) 29 $6,935,000 $239,138 $3,632 4.61%
PORT ST. LUCIE, FL (FHA|USDA|VA) 14 $6,870,000 $490,714 $8,643 4.31%
Marion, NC (FHA|USDA|VA) 34 $6,750,000 $198,529 $3,043 4.69%
Washington, NC (FHA|USDA|VA) 32 $6,730,000 $210,313 $2,751 4.47%
Kinston, NC (FHA|USDA|VA) 56 $6,700,000 $119,643 $2,898 5.09%
Wilson, NC (FHA|USDA|VA) 38 $6,440,000 $169,474 $3,357 4.81%
Roanoke Rapids, NC (FHA|USDA|VA) 31 $6,425,000 $207,258 $2,906 4.43%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 50 $6,230,000 $124,600 $2,453 4.85%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 27 $6,215,000 $230,185 $3,241 4.74%
Sanford, NC (FHA|USDA|VA) 43 $6,175,000 $143,605 $3,278 5.05%
BEND, OR (FHA|USDA|VA) 6 $5,650,000 $941,667 $12,482 4.30%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 6 $5,240,000 $873,333 $7,444 4.72%
URBAN HONOLULU, HI (FHA|USDA|VA) 6 $5,210,000 $868,333 $6,772 3.88%
RENO, NV (FHA|USDA|VA) 9 $5,065,000 $562,778 $4,153 3.89%
KANSAS CITY, MO-KS (FHA|USDA|VA) 9 $4,815,000 $535,000 $4,491 4.64%
ALBUQUERQUE, NM (FHA|USDA|VA) 13 $4,795,000 $368,846 $4,337 4.67%
Mount Airy, NC (FHA|USDA|VA) 31 $4,695,000 $151,452 $2,920 4.86%
Newberry, SC (FHA|USDA|VA) 28 $4,580,000 $163,571 $3,207 4.73%
Toccoa, GA (FHA|USDA|VA) 30 $4,480,000 $149,333 $2,178 4.34%
Key West, FL (FHA|USDA|VA) 3 $4,465,000 $1,488,333 $8,680 4.40%
HARRISONBURG, VA (FHA|USDA|VA) 24 $4,450,000 $185,417 $2,713 4.71%
VALLEJO, CA (FHA|USDA|VA) 4 $4,210,000 $1,052,500 $10,421 3.99%
Breckenridge, CO (FHA|USDA|VA) 5 $4,205,000 $841,000 $3,672 4.94%
STOCKTON, CA (FHA|USDA|VA) 5 $4,095,000 $819,000 $5,547 4.34%
Truckee-Grass Valley, CA (FHA|USDA|VA) 5 $3,825,000 $765,000 $7,130 4.71%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $3,770,000 $1,885,000 $11,706 3.66%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $3,705,000 $1,235,000 $5,763 4.80%
GAINESVILLE, FL (FHA|USDA|VA) 4 $3,580,000 $895,000 $8,066 3.78%
PROVO-OREM, UT (FHA|USDA|VA) 4 $3,550,000 $887,500 $5,859 4.57%
Henderson, NC (FHA|USDA|VA) 13 $3,235,000 $248,846 $4,851 4.61%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 6 $3,230,000 $538,333 $5,995 4.54%
ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $3,215,000 $643,000 $4,037 4.95%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 4 $3,180,000 $795,000 $4,609 4.43%
OKLAHOMA CITY, OK (FHA|USDA|VA) 5 $3,125,000 $625,000 $4,488 4.50%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $3,105,000 $621,000 $7,382 3.45%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 4 $3,070,000 $767,500 $6,581 4.30%
SANTA FE, NM (FHA|USDA|VA) 5 $3,065,000 $613,000 $6,529 4.42%
JOHNSON CITY, TN (FHA|USDA|VA) 14 $3,020,000 $215,714 $2,992 4.40%
WINCHESTER, VA-WV (FHA|USDA|VA) 14 $2,870,000 $205,000 $1,838 4.12%
GAINESVILLE, GA (FHA|USDA|VA) 8 $2,850,000 $356,250 $3,282 5.13%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $2,815,000 $938,333 $4,715 4.36%
WENATCHEE, WA (FHA|USDA|VA) 4 $2,750,000 $687,500 $5,341 4.98%
Kill Devil Hills, NC (FHA|USDA|VA) 7 $2,605,000 $372,143 $4,772 4.06%
BELLINGHAM, WA (FHA|USDA|VA) 2 $2,590,000 $1,295,000 $10,200 4.68%
FRESNO, CA (FHA|USDA|VA) 3 $2,555,000 $851,667 $3,923 3.83%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $2,470,000 $617,500 $6,757 4.03%
Shelby, NC (FHA|USDA|VA) 13 $2,295,000 $176,538 $4,956 4.62%
Bennettsville, SC (FHA|USDA|VA) 19 $2,255,000 $118,684 $2,481 4.20%
BRUNSWICK, GA (FHA|USDA|VA) 3 $2,205,000 $735,000 $5,086 4.17%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $2,185,000 $728,333 $7,371 4.98%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $2,070,000 $517,500 $4,027 3.15%
Edwards, CO (FHA|USDA|VA) 2 $2,070,000 $1,035,000 $5,687 4.36%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 3 $2,065,000 $688,333 $5,493 4.03%
MODESTO, CA (FHA|USDA|VA) 2 $2,060,000 $1,030,000 $12,159 4.51%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $2,015,000 $671,667 $4,113 4.98%
PUNTA GORDA, FL (FHA|USDA|VA) 6 $1,990,000 $331,667 $3,411 4.22%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $1,975,000 $658,333 $5,699 4.32%
Elizabeth City, NC (FHA|USDA|VA) 12 $1,930,000 $160,833 $4,990 4.67%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 5 $1,725,000 $345,000 $3,211 4.31%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $1,700,000 $850,000 $5,295 3.75%
Gaffney, SC (FHA|USDA|VA) 11 $1,615,000 $146,818 $2,768 4.63%
COLUMBUS, OH (FHA|USDA|VA) 1 $1,595,000 $1,595,000 $10,121 4.98%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 3 $1,575,000 $525,000 $9,620 3.53%
TUCSON, AZ (FHA|USDA|VA) 4 $1,560,000 $390,000 $7,276 4.94%
MADISON, WI (FHA|USDA|VA) 2 $1,480,000 $740,000 $3,051 3.80%
Ellensburg, WA (FHA|USDA|VA) 1 $1,415,000 $1,415,000 $20,329 3.55%
COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,410,000 $352,500 $3,369 5.31%
LOUISVILLE, KY (FHA|USDA|VA) 1 $1,315,000 $1,315,000 $4,744 4.34%
CHICO, CA (FHA|USDA|VA) 2 $1,280,000 $640,000 $5,831 4.36%
Lumberton, NC (FHA|USDA|VA) 8 $1,240,000 $155,000 $2,853 5.09%
FOND DU LAC, WI (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $0 3.65%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $1,130,000 $565,000 $4,882 5.04%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 6 $1,120,000 $186,667 $5,978 4.12%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $1,120,000 $560,000 $4,842 4.53%
Prineville, OR (FHA|USDA|VA) 1 $1,095,000 $1,095,000 $14,900 4.35%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $1,080,000 $540,000 $0 4.25%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $1,075,000 $1,075,000 $19,601 5.25%
Hilo, HI (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $7,756 3.00%
Show Low, AZ (FHA|USDA|VA) 1 $1,035,000 $1,035,000 $7,748 3.50%
PANAMA CITY, FL (FHA|USDA|VA) 2 $1,030,000 $515,000 $0 3.24%
RACINE, WI (FHA|USDA|VA) 4 $1,020,000 $255,000 $1,725 5.12%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 4 $1,010,000 $252,500 $3,462 4.94%
Heber, UT (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $8,124 4.33%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $970,000 $485,000 $4,249 5.06%
Montrose, CO (FHA|USDA|VA) 1 $955,000 $955,000 $5,853 3.43%
Athens, TX (FHA|USDA|VA) 1 $955,000 $955,000 $8,689 3.08%
BAKERSFIELD, CA (FHA|USDA|VA) 3 $945,000 $315,000 $5,284 3.95%
Union, SC (FHA|USDA|VA) 7 $945,000 $135,000 $3,446 4.97%
BOULDER, CO (FHA|USDA|VA) 2 $940,000 $470,000 $7,148 3.71%
Okeechobee, FL (FHA|USDA|VA) 1 $925,000 $925,000 $0 4.75%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $895,000 $895,000 $0 3.13%
APPLETON, WI (FHA|USDA|VA) 1 $875,000 $875,000 $4,528 4.99%
PITTSBURGH, PA (FHA|USDA|VA) 2 $850,000 $425,000 $5,426 3.64%
OCALA, FL (FHA|USDA|VA) 3 $845,000 $281,667 $5,145 5.18%
TYLER, TX (FHA|USDA|VA) 1 $845,000 $845,000 $7,355 2.90%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $830,000 $415,000 $5,084 4.71%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $805,000 $805,000 $4,323 3.28%
Laurinburg, NC (FHA|USDA|VA) 4 $790,000 $197,500 $5,628 5.11%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $785,000 $785,000 $10,625 5.43%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $765,000 $765,000 $4,241 4.68%
SALEM, OR (FHA|USDA|VA) 2 $750,000 $375,000 $4,725 6.27%
Astoria, OR (FHA|USDA|VA) 1 $735,000 $735,000 $4,983 6.03%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $725,000 $725,000 $7,170 3.05%
LONGVIEW, WA (FHA|USDA|VA) 1 $725,000 $725,000 $4,336 5.33%
REDDING, CA (FHA|USDA|VA) 1 $715,000 $715,000 $11,040 3.70%
Hood River, OR (FHA|USDA|VA) 1 $685,000 $685,000 $9,835 4.25%
Oak Harbor, WA (FHA|USDA|VA) 1 $685,000 $685,000 $7,845 2.78%
GREEN BAY, WI (FHA|USDA|VA) 2 $660,000 $330,000 $2,382 3.88%
MEDFORD, OR (FHA|USDA|VA) 2 $620,000 $310,000 $5,960 4.44%
Martinsville, VA (FHA|USDA|VA) 2 $600,000 $300,000 $5,495 4.49%
Rockingham, NC (FHA|USDA|VA) 3 $585,000 $195,000 $3,276 4.30%
VISALIA, CA (FHA|USDA|VA) 2 $580,000 $290,000 $7,939 4.06%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $565,000 $565,000 $5,625 4.49%
Ukiah, CA (FHA|USDA|VA) 1 $555,000 $555,000 $5,025 5.00%
Centralia, WA (FHA|USDA|VA) 1 $555,000 $555,000 $4,866 3.88%
NAPA, CA (FHA|USDA|VA) 1 $555,000 $555,000 $3,254 3.53%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $535,000 $535,000 $4,122 5.13%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $495,000 $495,000 $2,534 4.88%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $460,000 $230,000 $3,586 4.49%
Traverse City, MI (FHA|USDA|VA) 1 $455,000 $455,000 $3,859 5.30%
Deming, NM (FHA|USDA|VA) 1 $445,000 $445,000 $5,785 5.38%
YUBA CITY, CA (FHA|USDA|VA) 1 $445,000 $445,000 $10,454 4.88%
HINESVILLE, GA (FHA|USDA|VA) 1 $445,000 $445,000 $5,891 4.13%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $405,000 $405,000 $6,160 4.63%
FORT COLLINS, CO (FHA|USDA|VA) 2 $400,000 $200,000 $0 6.12%
Jefferson, GA (FHA|USDA|VA) 3 $355,000 $118,333 $0 5.82%
CHARLESTON, WV (FHA|USDA|VA) 2 $350,000 $175,000 $5,017 5.19%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $335,000 $335,000 $4,579 4.73%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $325,000 $325,000 $3,225 5.73%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $325,000 $325,000 $1,736 3.74%
Coos Bay, OR (FHA|USDA|VA) 1 $325,000 $325,000 $3,991 6.25%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $315,000 $315,000 $7,961 4.18%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $305,000 $305,000 $4,051 5.53%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $295,000 $295,000 $2,808 3.63%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $295,000 $295,000 $4,247 5.95%
Cornelia, GA (FHA|USDA|VA) 3 $285,000 $95,000 $2,372 4.41%
BECKLEY, WV (FHA|USDA|VA) 2 $270,000 $135,000 $3,959 3.94%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $265,000 $265,000 $3,997 3.30%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $255,000 $255,000 $3,398 5.45%
MERCED, CA (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.99%
LAS CRUCES, NM (FHA|USDA|VA) 1 $245,000 $245,000 $3,441 2.88%
Newport, TN (FHA|USDA|VA) 1 $245,000 $245,000 $4,048 4.43%
MORGANTOWN, WV (FHA|USDA|VA) 1 $235,000 $235,000 $3,629 5.15%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $215,000 $215,000 $4,496 4.58%
AMARILLO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $2,452 3.64%
TULSA, OK (FHA|USDA|VA) 1 $195,000 $195,000 $3,486 4.38%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $175,000 $175,000 $1,778 5.84%
Fairmont, WV (FHA|USDA|VA) 1 $155,000 $155,000 $6,614 4.75%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $155,000 $155,000 $4,167 4.08%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $7,922 5.50%
McMinnville, TN (FHA|USDA|VA) 1 $125,000 $125,000 $3,635 5.75%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $125,000 $125,000 $4,036 6.03%
THE VILLAGES, FL (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.99%
Bluefield, WV-VA (FHA|USDA|VA) 1 $105,000 $105,000 $1,308 2.50%
Manitowoc, WI (FHA|USDA|VA) 1 $95,000 $95,000 $0 4.20%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $75,000 $75,000 $3,278 5.78%
TOPEKA, KS (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.24%
Marinette, WI-MI (FHA|USDA|VA) 1 $65,000 $65,000 $3,411 7.88%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.10%
Waycross, GA (FHA|USDA|VA) 1 $45,000 $45,000 $1,193 4.99%
GREELEY, CO (FHA|USDA|VA) 1 $45,000 $45,000 $380 4.49%
Cedartown, GA (FHA|USDA|VA) 1 $45,000 $45,000 $0 3.74%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.24%
First-citizens Bank & Trust Company's top markets include Los Angeles, Raleigh, Charlotte, Charleston, and Asheville among others.

Their top states include:
  • North Carolina (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against First-Citizens Bank & Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 167
    First Community Bank
    Similarity Rank: 198
    DUPONT COMMUNITY
    Similarity Rank: 231
    GEOVISTA
    Similarity Rank: 236
    PARK VIEW FEDERAL CREDIT UNION
    Similarity Rank: 280
    The Greenwood's State Bank
    Similarity Rank: 360
    DRAGAS MORTGAGE COMPANY
    Similarity Rank: 361
    HENRICO Federal Credit Union
    Similarity Rank: 420
    NORTHWESTERN MUTUAL
    Similarity Rank: 469

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 9,528 $1,509,950,000 $158,475 n/a 4.97%
    Conventional 9,411 $4,913,505,000 $522,102 $4,313 4.23%
    FHA 109 $30,795,000 $282,523 $10,677 4.58%
    VA 34 $10,240,000 $301,176 $6,786 4.43%
    USDA 14 $3,080,000 $220,000 $6,378 4.56%

    For 2022, First-citizens Bank & Trust Company's most frequently originated type of loan was HELOC, with 9,528 originations. Their 2nd most popular type was Conventional, with 9,411 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,249 $3,356,105,000 $639,380 $5,747 4.45%
    Refi 4,615 $1,343,035,000 $291,015 $2,921 4.17%
    Other 4,455 $724,825,000 $162,699 $1,677 4.93%
    Home Improvement 4,052 $551,630,000 $136,138 $1,353 5.04%
    Cash Out Refi 725 $491,975,000 $678,586 $4,645 4.02%

    For 2022, First-citizens Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 5,249 originations. The 2nd most popular reason was Refi, with 4,615 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 9,842 $1,616,010,000 $164,195 $1,339 4.96%
    30 Year 5,950 $3,983,290,000 $669,461 $5,557 4.26%
    15 Year 1,353 $320,475,000 $236,863 $2,382 3.93%
    10 Year 803 $122,705,000 $152,808 $1,326 4.35%
    20 Year 780 $175,000,000 $224,359 $2,518 4.13%
    5 Year 326 $83,380,000 $255,767 $859 4.70%
    3 Year 35 $163,615,000 $4,674,714 $0 4.36%
    1 Year 6 $2,440,000 $406,667 $4,523 5.95%
    30+ year 1 $655,000 $655,000 $5,700 3.63%

    For 2022, First-citizens Bank & Trust Company's most frequently cited loan duration was Other, with 9,842 originations. The 2nd most popular length was 30 Year, with 5,950 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 3,851 $1,955,565,000 $507,807
    $<1k 2,862 $724,170,000 $253,029
    $2k-3k 1,302 $866,560,000 $665,561
    $5k+ 416 $415,150,000 $997,957
    $3k-4k 224 $131,060,000 $585,089
    $4k-5k 177 $123,985,000 $700,480

    First-citizens Bank & Trust Company's average total fees were $5,557, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 3,851 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 6,395 $2,442,405,000 $381,924
    4-5% 5,240 $1,843,070,000 $351,731
    5-6% 3,640 $1,032,740,000 $283,720
    6-7% 1,803 $366,575,000 $203,314
    2.5-3% 1,224 $532,430,000 $434,992
    7-8% 613 $81,675,000 $133,238
    <2.5% 91 $160,585,000 $1,764,670
    Over 8% 89 $8,025,000 $90,169

    During 2022, First-citizens Bank & Trust Company's average interest rate for loans was 4.26%, while their most frequently originated rate bucket for loans was 3-4%, with 6,395 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 5,858 $759,840,000 $129,710 $2,591 4.66%
    $100,000 or less 4,761 $295,615,000 $62,091 $1,185 4.99%
    $200k-400k 4,023 $1,105,185,000 $274,717 $3,908 4.50%
    $600k-1MM 1,625 $1,253,375,000 $771,308 $6,363 4.19%
    $400k-600k 1,608 $778,220,000 $483,968 $4,953 4.34%
    $1MM+ 1,221 $2,275,335,000 $1,863,501 $8,992 4.08%

    2022 saw First-citizens Bank & Trust Company place emphasis on $100k-200k loans with 5,858 originations, totaling $759,840,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 4,709 $2,933,435,000 $622,942 $6,400 4.49%
    $150k-250k 4,224 $1,272,560,000 $301,269 $4,700 4.66%
    $100k-150k 3,377 $658,165,000 $194,896 $3,810 4.73%
    $75k-100k 2,142 $340,730,000 $159,071 $3,331 4.70%
    $50k-75k 2,129 $289,095,000 $135,789 $2,968 4.59%
    $50k or less 1,312 $129,320,000 $98,567 $2,437 4.50%

    First-citizens Bank & Trust Company lent most frequently to those with incomes in the $250k+ range, with 4,709 originations. The second most popular income band? $150k-250k, with 4,224 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 4,890 $1,323,270,000 $270,607 $3,838 4.57%
    30-36% 3,339 $1,062,215,000 $318,124 $4,518 4.64%
    <20% 2,937 $740,495,000 $252,126 $3,473 4.46%
    44% 1,376 $404,500,000 $293,968 $4,392 4.78%
    43% 668 $259,520,000 $388,503 $4,765 4.66%
    42% 657 $241,995,000 $368,333 $4,732 4.70%
    40% 635 $210,845,000 $332,039 $4,598 4.60%
    39% 588 $221,950,000 $377,466 $4,781 4.69%
    36% 586 $202,520,000 $345,597 $4,527 4.56%
    41% 582 $196,150,000 $337,027 $4,604 4.67%
    37% 570 $198,190,000 $347,702 $4,763 4.68%
    38% 556 $193,230,000 $347,536 $4,572 4.74%
    45% 354 $120,510,000 $340,424 $5,584 4.70%
    46% 138 $67,130,000 $486,449 $5,464 4.36%
    47% 121 $59,325,000 $490,289 $5,672 4.52%
    50-60% 117 $85,295,000 $729,017 $8,211 4.16%
    49% 89 $39,735,000 $446,461 $6,670 4.50%
    48% 88 $58,400,000 $663,636 $6,235 4.35%
    >60% 53 $38,405,000 $724,623 $5,912 3.89%

    First-citizens Bank & Trust Company lent most frequently to those with DTI ratios of 20-30%, with 4,890 originations. The next most common DTI ratio? 30-36%, with 3,339 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 12,396 $3,844,800,000 $310,165 $4,309 4.55%
    Not provided 4,571 $1,315,945,000 $287,890 $4,350 4.73%
    Not applicable 545 $688,565,000 $1,263,422 $0 4.70%
    Asian 610 $350,690,000 $574,902 $5,898 4.40%
    Black 752 $180,060,000 $239,441 $4,194 4.76%
    Asian Indian 72 $40,520,000 $562,778 $6,071 4.16%
    American Indian 60 $18,020,000 $300,333 $5,672 4.49%
    Chinese 10 $6,570,000 $657,000 $6,388 3.82%
    Other Asian 22 $6,490,000 $295,000 $2,976 5.52%
    Native Hawaiian or Islander 19 $5,095,000 $268,158 $3,701 4.47%
    Other Pacific Islander 21 $3,995,000 $190,238 $3,462 4.96%
    Vietnamese 6 $3,090,000 $515,000 $5,694 4.76%
    Filipino 7 $2,635,000 $376,429 $2,861 4.13%
    Korean 2 $540,000 $270,000 $2,316 3.44%
    Japanese 1 $445,000 $445,000 $0 4.49%
    Guamanian 2 $110,000 $55,000 $440 4.99%

    Approval Rates

    Total approvals of all applications
    81.37%

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

    Pick Rate

    Approvals leading to origination
    88.22%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 19,096 $6,467,570,000 $338,687

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    19,096 $6,467,570,000 $338,687

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5,394 $901,750,000 $167,176 $2,319 4.78%
    40-60% 2,568 $1,228,460,000 $478,372 $3,717 4.32%
    60-80% 3,443 $2,118,165,000 $615,209 $5,369 4.24%
    80-100% 3,321 $1,823,445,000 $549,065 $5,400 4.44%
    Over 100% 8 $8,750,000 $1,093,750 $17,050 4.87%
    Under 20% 4,362 $387,000,000 $88,721 $970 4.98%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    FIRST CITIZENS BANCSHARES, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 100.0%