*Terms, conditions and fees of accounts, programs, products and services are subject to change. This is not a commitment to lend. All loans are subject to credit and property approval. Certain restrictions may apply on all programs. Offer cannot be combined with any other mortgage offer.
**5/1 ARM Loan:
For a 5/1 ARM, the initial fixed rate for the first 60 months will be 3.250%, and is estimated to adjust based upon the sum of the current index plus margin to 3.080% for the next 12 months. The interest rate may adjust annually thereafter.
Terms and conditions of these rates:
• Excellent credit - 780 and above
• Loan-to-Value Ratio of 80% for loans up to and including $1.5 million, Loan-to-Value ratio for loans in excess of $1.5 million is 75%
• Single Family Primary Residence
• 60-day lock period
• Fees are based on an average loan of $227,630.75 in the state of CA. Actual fees may vary.
• Actual interest rate will vary depending upon loan-to-value and credit score.
Citibank mortgage rates may change without notice subject to market conditions.
1SureStart® is a registered service mark of Citigroup Inc. Final commitment is subject to verification of information, receipt of a satisfactory sales contract on the home you wish to purchase, appraisal and title report, and meeting our customary closing conditions. This offer is not a commitment to lend and is subject to change without notice. There is no charge for the SureStart pre-approval, but standard application and commitment fees apply.
2If you are purchasing a home, we guarantee to close by the date specified in your purchase contract, unless prohibited by federal law,* and further provided that the date is at least 30 days after the application date and the date of your purchase contract. If your loan fails to close on time due to a delay by Citibank, you will receive a credit toward closing costs of $1,500. Offer not available for refinance loans, co-ops, unapproved condos, residences under construction, community lending programs and government loans.
In Texas, the credit may not result in your receiving cash back. (*Federal law requires certain disclosures be delivered to the borrower at least 3 business days before consummation. The Guarantee to close does not apply if such disclosures are required and your closing is delayed due to the 3-business-day waiting period.) Offer may be modified or withdrawn at any time without notice.
©2015 Citibank, N.A. equal housing lender, member FDIC, NMLS #412915. Citi, Citibank, Arc Design and Citi with Arc Design are registered service marks of Citigroup Inc.