Citizens Bank, National Association vs PENNYMAC LOAN SERVICES, LLC
Both lenders' 2025 filings, side by side: the rate and the fees their borrowers actually got, and what the difference is worth over 7 years.
Over 7 years on a $245,000 loan, the median terms at PENNYMAC LOAN SERVICES, LLC come out $17,840 cheaper.
PENNYMAC LOAN SERVICES, LLC is ahead from the first payment and stays there.
Same loan on both sides — $245,000 over 30 years — priced at each lender's median rate and median fees for 2025. It is not a quote: HMDA records what borrowers received, and the two lenders serve different borrowers.
Citizens Bank, National Association
7.500%
Median rate
- Median fees
- $6,796
- Disclosed APR here
- 7.790%
- Cost over 7 years
- $130,688
- Loans in 2025
- 68,902
- Bought discount points
- 7.7%
- Purchases / refinances
- 15.9% / 35.8%
6.490%
Median rate
- Median fees
- $6,420
- Disclosed APR here
- 6.747%
- Cost over 7 years
- $112,847
- Loans in 2025
- 100,816
- Bought discount points
- 57.3%
- Purchases / refinances
- 36.2% / 45.7%
Fees and rate trade against each other. 7.7% of Citizens Bank, National Association borrowers bought discount points, against 57.3% at PENNYMAC LOAN SERVICES, LLC — paying up front to lower the rate shows up as higher fees and a lower rate at once, which is exactly what the seven-year figure above is built to settle. Run your own two offers
Where both of them lend
The states where the two overlap most, by combined volume. Same market, same rules, different numbers.
| State | Citizens Bank, National Association | PENNYMAC LOAN SERVICES, LLC | Median fees, Citizens Bank, National Association | Median fees, PENNYMAC LOAN SERVICES, LLC |
|---|---|---|---|---|
| Pennsylvania | 10,441 | 4,488 | $6,210 | $6,687 |
| New York | 11,000 | 2,278 | $9,587 | $10,023 |
| Florida | 2,297 | 9,704 | $8,532 | $7,756 |
| Massachusetts | 10,235 | 1,315 | $6,761 | $6,264 |
| California | 589 | 10,749 | $9,343 | $7,503 |
| New Jersey | 7,208 | 3,144 | $8,073 | $7,485 |
| Ohio | 4,732 | 2,964 | $4,764 | $5,162 |
| Texas | 121 | 6,849 | $6,911 | $6,786 |
| Georgia | 669 | 5,272 | $5,820 | $5,964 |
| Virginia | 994 | 4,338 | $7,391 | $5,140 |
| Michigan | 3,697 | 1,393 | $4,059 | $6,498 |
| North Carolina | 931 | 3,751 | $5,412 | $7,397 |
Figures are medians of loans actually originated in , as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for % of loans here — see methodology.