Table of Content
If we ever need to relocate or downsize, we know they'll be there for that too. And that means spending less time feeling stressed over financing and more time building memories with loved ones. Government-backed home loans can help put home ownership within reach. Talk to our experts about ways we can make a residential investment property happen for you. Rather than shipping your application off to some faraway land, we review your application internally, and in most cases, we can approve your mortgage in just a few days.
Click on the GMFS link below to start a loan application. Know exactly what your monthly payment will be for the next 10, 15, 20, or 30 years when you lock in with a fixed rate mortgage loan. Ensure your monthly payments and interest rate don't change with a fixed-rate mortgage loan.
Mortgage Rates
A mortgage loan payment is made up of two things—a payment toward the principal amount, and a payment toward the interest. Paying these two things off in equal installments over a set time period is called mortgage amortization. When you first start paying off your mortgage, most of the payment is applied to the interest. Over time, your principal payments catch up until your loan is paid off. Make lower payments now and stay protected from high rates later with this type of mortgage loan. Build the home of your dreams with an interest-only construction loan.
Citizens Bank & Trust offers mortgage loans with a variety of home loan options. Click on the Citizens Bank Loan Officer link below to start a conversation about your loan request. For a list of our Mortgage Loan Originators, click here. Financing a home can be a very stressful process but our goal at Community Bank Mortgage is to provide you a fast, efficient, and stress-free home financing process. We do this by have experienced, well-trained mortgage professionals who will walk with you from beginning to end.
Nationwide ATM access with MoneyPass.
As owners, and not just employees, we want to provide the very best service to our clients so you will always think of us for any financial need you may have in the future. Most people don't have enough cash to purchase a home outright, which is why mortgages are designed to be paid off over time. Using an amortization schedule, lenders divide the loan balance and the expected interest into a series of regular monthly payments. Part of each mortgage payment goes toward the principal—the original loan balance—and another part goes toward interest.
We service most of our loans in-house, meaning you call us directly – not a toll-free number – for help and answers. Do I need to get pre-qualified in order to buy a property? If you make an offer that is subject to financing, as the seller CitiMortgage requires that you submit a pre-approval letter from a reputable lender of your choice.
Rate Calculator
Then it's time to apply for financing and turn your dream of buying a home into a reality. Save time when you get pre-qualified for a mortgage loan. It will help you estimate how much you can borrow so you can shop homes with confidence. Buying a Citi owned property is a great way to get more for your money. Foreclosed or REO properties are typically priced below their actual market value and offer great incentive for homebuyers.
Depending on the loan, these monthly payments may include property tax and home insurance as well. When you receive a mortgage loan, you'll also receive an escrow account. The lender will deposit part of your monthly mortgage payment into this escrow account. When you apply for a mortgage loan, the lender will pull your credit score.
Put your home's equity to work
We offer some of the latest mortgage technology tools available like many of those found with nationwide online lenders, but we offer something more. We offer a Mortgage Loan Officer you can see face-to-face, someone you can get to know and trust or talk to at any time. Someone that you know that lives and works in the same community you do. Out of state, online lenders can’t offer that. Lastly, at Community Bank, all of our employees are also owners/stockholders in the bank.
Submitting an application doesn't mean you're agreeing to a loan. You'll just need to enroll in Online Bill Pay. You can also have your payments drafted each month from your checking or savings account. With a mortgage, the borrower—or homebuyer—agrees to pay back the lender over a specified period of time with interest. The period of time, which is called a mortgage term, can vary from a few years to a few decades. Please refer to our security and privacy statements for additional terms and conditions.
We know you have many choices when it comes to picking a lender. That’s why we work hard to deliver a kind of care and a mix of amenities you can only find at Citizens Bank - in addition to our great low rates. Home is all about comfort, which is why we want to make sure you’re comfortable with your home financing, too. When you apply for a mortgage from Citizens Bank, you’re joining the thousands of homeowners who have turned to us for help.
The agent may be able to provide more information regarding the property. Experience a better kind of bank, bringing the best in smart, personalized banking to where you live. Your business needs a banker who knows business inside and out.
No comments:
Post a Comment