PlainLender

CITIZENS FIRST BANK

THE VILLAGES, FL

CITIZENS FIRST BANK processed 2,808 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 2,252 loans with a 3.7% denial rate. Home Purchase was the primary loan purpose. Based in THE VILLAGES, FL. The approval rate of 80.2% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. CITIZENS FIRST BANK processed 2,808 HMDA-reported mortgage applications in 2024, originating 2,252 loans and denying 103 for a denial rate of 3.7% (applicants themselves withdrew 433 files before a decision). The average loan amount was $266,905 at a 7.273% average note rate, and applicants self-reported an average income of $37,000. The lender reports under LEI 549300IQVXIW1VTW0D69 from THE VILLAGES, FL.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. CITIZENS FIRST BANK's 80.2% origination rate tells you how often an application turned into funded money; the 3.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,808 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

2,808
Applications
2,252
Originated
3.7%
Denial Rate
$266,905
Avg Loan Amount
Avg Interest Rate: 7.273% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,808 2,252 103 $266,905

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for CITIZENS FIRST BANK (LEI: 549300IQVXIW1VTW0D69) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
78
Credit history
28
Collateral
5
Other
3
Insufficient cash
3
Credit application incomplete
1
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 2,306 1,864 $298,265
Other 238 179 $103,403
Home Improvement 130 107 $82,538
Refinancing 80 68 $168,375
Cash-out Refinancing 54 34 $238,148

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 2,500 80.8% 3.6%
Joint 43 83.7% 2.3%
Asian 24 83.3% 4.2%
Black or African American 21 61.9% 23.8%
American Indian or Alaska Native 5 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 2,455 80.9% 3.5%
Hispanic or Latino 60 76.7% 15.0%
Joint 55 83.6% 0.0%

Nearby Lenders in FL

Other HMDA-reporting lenders in FL with similar activity. Compare any two side-by-side.

FREEDOM MORTGAGE CORPORATION

BOCA RATON, FL

252,504 apps 57,345 originated 4.9% denied

Lakeview Loan Servicing, LLC

Coral Gables, FL

96,650 apps 10,540 originated 25.2% denied

TRIAD FINANCIAL SERVICES, INC.

JACKSONVILLE, FL

86,581 apps 12,731 originated 55.6% denied

LENNAR MORTGAGE, LLC

MIAMI, FL

75,233 apps 55,530 originated 12.4% denied

PHH MORTGAGE CORPORATION

West Palm Beach, FL

62,326 apps 4,770 originated 3.4% denied
Compare CITIZENS FIRST BANK vs FREEDOM MORTGAGE CORPORATION →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

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Frequently Asked Questions

How many mortgage applications did CITIZENS FIRST BANK process?
CITIZENS FIRST BANK processed 2,808 mortgage applications in the 2023 HMDA reporting year. Of these, 2,252 were originated (approved and funded), 433 were withdrawn by the applicant, and 103 were denied.
What is CITIZENS FIRST BANK's mortgage approval rate?
CITIZENS FIRST BANK has an approval (origination) rate of 80.2%, meaning 80.2% of all applications resulted in a funded mortgage. The denial rate is 3.7%.
What is the average loan amount at CITIZENS FIRST BANK?
The average mortgage loan amount at CITIZENS FIRST BANK is $266,905. The average interest rate is 7.273%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at CITIZENS FIRST BANK?
The most common reasons for mortgage denial at CITIZENS FIRST BANK are: Debt-to-income ratio, Credit history, Collateral. In total, 103 applications were denied out of 2,808 total applications.
What types of mortgage loans does CITIZENS FIRST BANK offer?
CITIZENS FIRST BANK processes Conventional loans. The most common type is Conventional with 2,808 applications and an average loan amount of $266,905.
What loan purposes does CITIZENS FIRST BANK serve?
CITIZENS FIRST BANK serves the following loan purposes: Home Purchase (2,306 applications), Other (238 applications), Home Improvement (130 applications), Refinancing (80 applications), Cash-out Refinancing (54 applications). Home Purchase is the most common purpose.
Where is CITIZENS FIRST BANK located?
CITIZENS FIRST BANK is headquartered in THE VILLAGES, FL. The lender is identified by LEI 549300IQVXIW1VTW0D69 in HMDA data.
How does CITIZENS FIRST BANK compare in lending across racial demographics?
CITIZENS FIRST BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 80.8% and denial rate of 3.6%; Joint applicants have an approval rate of 83.7% and denial rate of 2.3%; Asian applicants have an approval rate of 83.3% and denial rate of 4.2%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.