Contact Us! Digital Banking Login


With Citizens First Bank











Citizens First Bank NMLS ID 500158


Special programs available, contact us to find out more 563.243.6000

For today’s rates, contact our Mortgage Lenders





two citizens first bank employees walking out of branch building doors



What kind of home do you have in mind? Citizens First Bank can help finance your dreams! Get started today to see the possibilities.

Chat with us


Young Father is Showing How to Paint Walls to Cute Small Daughter. They Give High Give to Each other. Rollers are Covered in Light Blue Paint.



Time to tackle the home improvement projects we keep talking about!

Contact Us


Citizens first bank banking as it should be pen sitting on top of cup full of pens



Ready to talk details about building your own home? Let us help you finance your dream house.

Chat with us


couple signing for loan with loan officer at desk



A pre-approval makes finding the home of your dreams easier and faster! Save time by shopping confidently for a home within your price range. Contact your Lender at Citizens First Bank before you go house hunting.

Chat with us




Connect with a loan officer at Citizens First Bank if you have any questions on HELOC or any other type of loan.






Portrait of Eddie Dunham

NMLS 503767

Portrait of Eddie Dunham

VP Business Development
NMLS 503767

Office: 563.519.0662

Headshot of Greg Farwell

NMLS 507834

Headshot of Greg Farwell

SVP Real Estate Lending Officer
NMLS 507834

Office: 563.519.0639

Portrait of Kris Wieresema

NMLS 1247355

Portrait of Kris Wieresema

Loan Officer
NMLS 1247355

Office: 563.519.0660

Home Financing

Select your financial calculator below to begin.

One or more of the fields is not filled out.

The date you have entered is invalid!

The amount of time is too large to compute!

The amount is too large to compute!

Percentages cannot exceed 100

Your down payment exceeds the home price

Rent or Buy Decision Calculator

Buying a home is a huge life decision. The rent or buy calculator compares the cost of renting or buying given a certain time period


Rent Information

Rent Information Monthly Rent
Rent Information Monthly Renter's Insurance
Rent Information How Much Will Rent Increase Each Year?

Purchase Information

Purchase Information Home Price
Purchase Information Down Payment
Purchase Information Interest Rate
Purchase Information Loan Term
Purchase Information Points
Purchase Information Closing Cost for Buying

Home Information

Purchase Information Annual Property Taxes
Purchase Information Average Monthly Maintenance
Purchase Information Monthly Homeowner's Insurance
Purchase Information How Much Will Your Home Appreciate each Year?
Purchase Information Other Monthly Costs (Association dues, etc...)

Personal Information

Purchase Information State and Federal Tax Rate
Purchase Information Investment Rate of Return (or Bank Account Savings Rate)
Purchase Information How Long Will You Stay at this Property?

Sale Information

Purchase Information Real Esatate Agent Commission
Purchase Information Closing Cost for Selling

Mortgage Comparison Calculator

The mortgage comparison calculator gives you financial statistics on different types of loans.


Loan Information

Mortgage Comparison Loan ID 1
Mortgage Comparison Loan ID 2
Mortgage Comparison Loan ID 3
Mortgage Comparison Down Payment 1
Mortgage Comparison Down Payment 2
Mortgage Comparison Down Payment 3
Mortgage Comparison Loan Term 1
Mortgage Comparison Loan Term 2
Mortgage Comparison Loan Term 3
Mortgage Comparison Interest Rate 1
Mortgage Comparison Interest Rate 2
Mortgage Comparison Interest Rate 3
Mortgage Comparison Points 1
Mortgage Comparison Points 2
Mortgage Comparison Points 3
Mortgage Comparison Other Fees 1
Mortgage Comparison Other Fees 2
Mortgage Comparison Other Fees 3
Mortgage Comparison Loan Type 1
Mortgage Comparison Loan Type 2
Mortgage Comparison Loan Type 3
Mortgage Comparison Adjustable Type 1
Mortgage Comparison Adjustable Type 2
Mortgage Comparison Adjustable Type 3
Mortgage Comparison Maximum Initial Rate Adjustment 1
Mortgage Comparison Maximum Initial Rate Adjustment 2
Mortgage Comparison Maximum Initial Rate Adjustment 3
Mortgage Comparison Maximum Subsequent Rate Adjustment 1
Mortgage Comparison Maximum Subsequent Rate Adjustment 2
Mortgage Comparison Maximum Subsequent Rate Adjustment 3
Mortgage Comparison Anticipated Rate Cap 1
Mortgage Comparison Anticipated Rate Cap 2
Mortgage Comparison Anticipated Rate Cap 3

All Loans

Mortgage Comparison Home Price
Mortgage Comparison Your Income Tax Rate
Mortgage Comparison How Long Will You Stay in this House(Years)?

Home Affordability

Computes the most expensive house you can buy.


Monthly Payment Information

Home Affordability Highest Payment You can Afford (Include all Taxes, Fees, Dues, Insurance, etc...)

Payment Breakdown

Home Affordability Monthly Insurance and Other Costs
Home Affordability Annual Property Tax
Home Affordability Monthly Associations Dues (If Any)

Loan Information

Home Affordability Down Payment
Home Affordability Loan Term
Home Affordability Interest Rate

Personal Information

Home Affordability Combined State and Federal Tax Rate

Loan Consolidation

Factors in the costs and benefits of consolidating your debts to determine whats the financially best way to pay them off.



Add Row Remove Row
Loan Balance 0
Loan Payment 0
Loan Interest Rate 0

Credit Cards

Add Row Remove Row
Credit Card Remaining Amount 0
Credit Card Rate 0

Consolidated Loan

Consolidated Loan Interest Rate:
Consolidated Loan Term:
Consolidated Loan Fees:
Consolidated Loan Points(%):
Consolidated Loan Savings Rate(%)):
Consolidated Loan Invest(%):
Calculator Information

The monthly payment calculated factors in both the principal and interest. It does not factor in other mortgages costs such as annual property tax, HOA fees, PMI, etc.

Calculator Disclaimer

These financial calculators are made available as tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek advice from qualified professionals regarding personal finance issues.

Financial Calculators


Wooden home and money coins stack on wood scale. Property investment and house mortgage financial real estate concept



Loans & Mortgages

FDIC Mortgages Protection

Q :        How do I know how much house I can afford?
A :        Generally speaking, you can purchase a home with a value of two or three times your annual household income. However, the amount that you can borrow will also depend upon your employment history, credit history, current savings and debts, and the amount of down payment you are willing to make. You may also be able to take advantage of special loan programs for first time buyers to purchase a home with a higher value. Give us a call, and we can help you determine exactly how much you can afford.

Q :        What is the difference between a fixed-rate loan and an adjustable-rate loan?
A :        With a fixed-rate mortgage, the interest rate stays the same during the life of the loan. With an adjustable-rate mortgage (ARM), the interest changes periodically, typically in relation to an index. While the monthly payments that you make with a fixed-rate mortgage are relatively stable, payments on an ARM loan will likely change. There are advantages and disadvantages to each type of mortgage, and the best way to select a loan product is by talking with us.

Q :        How do I know which type of mortgage is best for me?
A :        There is no simple formula to determine the type of mortgage that is best for you. This choice depends on a number of factors, including your current financial picture and how long you intend to keep your house. Citizens First Bank can help you evaluate your choices and help you make the most appropriate decision.

Q :        What does my mortgage payment include?
A :        For most homeowners, the monthly mortgage payments include three separate parts:
Principal: Repayment on the amount borrowed
Interest: Payment to the lender for the amount borrowed
Taxes & Insurance: Monthly payments are normally made into a special escrow account for items like hazard (homeowners) insurance and city or county property taxes. This feature is sometimes optional, in which case the fees will be paid by you directly to the County Tax Assessor and property insurance company.
The payment for your mortgage loan will be due on the 1st day of each month.

Q :        How much cash will I need to purchase a home?
A :        The amount of cash that is necessary depends on a number of items. Generally speaking, though, you will need to supply:
Earnest Money: The deposit also known as earnest money that is supplied when you make an offer on the house
Down Payment: A percentage of the cost of the home that is due at settlement (closing), generally a minimum of 3%, 20% if you do not want to pay private mortgage insurance on a conventional loan
Closing Costs: Costs associated with processing paperwork to purchase or refinance a house

Q :        What is an abstract of title?
A :        A condensed history, taken from public records or documents, of the ownership of a piece of land. An abstract of title, or title abstract, briefly summarizes the various activities affecting ownership of a parcel of land. When a person or business agrees to purchase real estate, that person or business arranges for an examination of the history of the property’s title. This examination is known as a title search. A title search is conducted to determine that the seller of the property in fact owns the property and has a free-and-clear title. A free-and-clear title has no clouds on it, which means that no person or business other than the seller has an interest in, or claim to, the property. If you own property in Iowa, you will need to know the location of your abstract.

Q :        What is Private Mortgage Insurance (PMI)?
A :        Private Mortgage Insurance is an insurance policy paid for monthly by the borrower which compensates lenders for losses due to the default of a conventional mortgage loan. Mortgage insurance is required for any long term fixed rate conventional mortgage with less than a 20% down payment when purchasing a home, or if the equity in a home loan refinance transaction is less than 20%. The monthly cost of mortgage insurance will in part be based on a combination of the borrower’s credit scores and the amount of down payment made. A greater down payment will reduce the cost of the monthly mortgage insurance on a conventional loan. A down payment of 20% (or equity in a home) will avoid the requirement for mortgage insurance. Mortgage insurance in most cases is dropped when the loan balance reaches 78% of the loan to value (LTV) of the original purchase price or appraised value, whichever is less. Ask your loan officer for more details specific to your transaction.

Q :        What is your lending area?
A :        Citizens First Bank lending territory covers the following Iowa and Illinois counties: Clinton County, Iowa; Jackson County, Iowa; Whiteside County, Illinois; and Carroll County, Illinois. Call to inquire about other surrounding counties in Iowa or Illinois.

Chat with a representative