Interest Rate 30 Year Fixed |
Points |
APR |
4.875% |
0.125 |
5.031% |
4.750% |
0.875 |
5.040% |
Interest Rate 15 Year Fixed |
Points |
APR |
4.250% |
0.375 |
4.591% |
4.125% |
1.000 |
4.656% |
CitiMortgage also offers competitive pricing as well as closing process to first time homebuyers. It is advisable for the homebuyers to see the interest statements and use the mortgage calculator to find what they can afford. With the help of a mortgage calculator you will be able to find out the monthly repayment amount of several loan terms. This will help you to find the particular loan term that will suit your budget. Citibank also has low rate refinancing programs for those homeowners who are looking to refinance their existing mortgage in order to reduce monthly payment or to get some cash-out. You can either get a fixed rate or an adjustable rate mortgage from Citimortgage. With fixed rate loan, you will have a fixed monthly repayment without any increase or decrease in the interest rate. Fixed rate loan is available in 10, 15, 20, 30 & 40 years' term. On the other hand, adjustable rate mortgage allow the borrowers to make easy repayments at the beginning of the loan period. This enables the borrower to adjust their monthly payment according to their affordability. For more information, call 1-800-248-4638 to talk with experienced loan consultant working with the bank.
Website: https://www.citimortgage.com/Mortgage/displayPurchaseLanding.do
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