Citizens Tri County Bank Mortgage Interest Rate and Cost Review

Is Citizens Tri County Bank a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by Citizens Tri County Bank to those of other lenders for a comparable set of borrowers. Here is our review of Citizens Tri County Bank nationally:

Review ItemCitizens Tri County Bank
Interest Ratesimilar to other lenders (+0.10%)
Loan Related Closing Costssimilar to other lenders (-$90)
National Rate and Closing Cost Star Rating(3)

On average, Citizens Tri County Bank’s interest rates were similar to those of other lenders (+0.10%). Its loan related closing costs were also similar to those of other lenders, with a difference of -$90. Overall, combining interest rates and closing costs we estimate that Citizens Tri County Bank tends to be an average cost lender, and give it a National Rate and Closing Costs Rating of 3 out of 5 stars. We maintain our independence by not accepting any money from the mortgage lenders we review. To visit Citizens Tri County Bank, its website is located at: https://www.ctcbonline.com.

Citizens Tri County Bank’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. For our list of the top mortgage lenders in your area, click here. In particular, among the cities we track Citizens Tri County Bank was most active in:

  1. Chattanooga, TN
  2. Shelbyville, TN
  3. Cookeville, TN
  4. Nashville, TN

Citizens Tri County Bank’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Citizens Tri County Bank originated Conforming mortgages for new home purchases and refinances. Its average interest rate and total loan related closing cost difference relative to other lenders by mortgages type is as follows.

Purchase/Refinance:
New Purchase MortgagesConforming
Interest Rate Difference+0.01%
Loan Related Closing Cost Difference-$18
Cost Adjusted Rate Difference+0.00%
National Star Rating(3.5)
Refinance MortgagesConforming
Interest Rate Difference+0.12%
Loan Related Closing Cost Difference-$106
Cost Adjusted Rate Difference+0.08%
Average Star Rating(3)

As a summary, Citizens Tri County Bank is similar to other lenders for Conforming purchase mortgages. For refinancing, Citizens Tri County Bank is more expensive than other lenders for Conforming mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about Citizens Tri County Bank:

Registered name: Citizens Tri County Bank
Registered city and state: Dunlap, TN, 37327
Regulator: Federal Deposit Insurance Corporation (FDIC)
Top holder: SEQUATCHIE VALLEY BANCSHARES, INC.

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for Citizens Tri County Bank’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.