Citizens Community Federal Mortgage Interest Rate and Cost Review

Is Citizens Community Federal a cheap or expensive mortgage lender? We compare the interest rates and closing costs charged by Citizens Community Federal with other lenders for comparable mortgages. Nationally, here is what we find:

Interest Ratesimilar to average (-0.01%)
Loan Related Closing Costssimilar to average (-$114)
National Rate and Closing Cost Rating(3.5)

On average, Citizens Community Federal’s interest rates were similar to those of other lenders (-0.01%) for a comparable set of borrowers. Its average total loan related closing cost was similar to those of other lenders, with a difference of -$114. Overall, combining interest rates and closing costs we estimate that Citizens Community Federal tends to be an average cost lender, and give it a National Rate and Closing Costs Rating of 3.5 out of 5.0 stars.

Citizens Community Federal’s Rates by Area

Mortgage lenders often set different rates in different geographical markets. In particular, among the markets we track Citizens Community Federal was most active in:

  1. Eau Claire, WI
  2. Rice Lake, WI
  3. Mankato, MN
  4. Minneapolis, MN
  5. Austin, MN

You can click through to check out Citizens Community Federal’s mortgage rate competitiveness by area. Or, for our data driven ranking of all the top mortgage lenders by area, click here.

Citizens Community Federal’s Rates 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 Community Federal originated Conforming and USDA mortgages for new home purchases. It also originated Conforming mortgages for refinances. We breakdown its interest rate and total loan related closing cost difference relative to other lenders for comparable mortgages by type in the table below.

New Purchase MortgagesConformingUSDA
Interest Rate Difference+0.02%-0.01%
Loan Related Closing Cost Difference-$29-$42
Cost Adjusted Rate Difference+0.01%-0.02%
Star Rating(3.5)(3.5)
Refinance MortgagesConforming
Interest Rate Difference-0.03%
Loan Related Closing Cost Difference-$189
Cost Adjusted Rate Difference-0.05%
Star Rating(4.0)

As a summary, Citizens Community Federal is similar to other lenders for Conforming and USDA purchase mortgages. For refinancing mortgages, Citizens Community Federal is cheap for Conforming mortgage refinance. Nevertheless, individual circumstances can matter, and we always recommend shopping among several lenders in your area before signing.

Other information about Citizens Community Federal:

Registered name: Citizens Community Federal N A
Registered city and state: Altoona, WI, 54720
Regulator: Office of the Comptroller of the Currency (OCC)

* 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 Community Federal’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.