Citibank Home Loan Products
Citibank Fixed Rate Mortgage
Homeowners are able to get a home loan from Citibank that has fixed interest rates for up to five years. When applying for the loan, you can get a free rate lock up to 60 days. Borrow up to 90 percent LVR with LMI. You can make interest-only payments for up to five years. Additional repayments can be made up to $1,000 per month with no extra cost. Other options include being able to get split accounts and Loan Protection Insurance.
Citibank Mortgage Power
When you need to get access to a revolving line of credit, Citibank offers it at a low variable rate. Borrowers are able to get up to 90 percent LVR with LMI. The money in the account can be borrowed repeatedly during the draw period. Payments can be made on an interest-only basis for up to seven years. Interest on the loan is only charged on money withdrawn from the account. If desired, the money may be used for investment purposes. Options include redraw, split accounts, cheque book or ATM access, additional repayments, and increases to the loan amount.
Citibank Mortgage Plus Standard Variable
This package from CitiBank earns a discounted interest rate and a free 60-day lock in rates. It comes with a Citi Rewards Platinum credit card that has zero or low annual fees and complimentary travel insurance. Access to their Dining Program means you get a free bottle of wine at participating restaurants. Borrow up to 90 percent LVR with LMI, with an option for interest-only payments for up to five years. Options include additional repayments, redraw, split accounts, and a Personalised Rewards Program.
Citibank Basic Mortgage
The Basic Mortgage from CitiBank gives borrowers the opportunity to get a low-cost loan with discounted rates. It is also possible to get account-keeping services without any fees. Borrow up to 90 percent of the home’s value with LMI. Additional repayments can be made any time you desire without a penalty. Other options include redraw, split accounts, and being able to make interest-only repayments for up to five years. It is also possible to increase the amount of the loan if needed.
About Citibank Refinancing
Citibank Financial Services
When financial services of any kind are needed, you can be sure that you will find them offered by Citibank. From everyday banking, to insurance and investments, Citibank has it. The benefit of this is that, when you are able to combine other financial matters with one lender, you can generally get a better deal, often with lower interest rates.
Refinancing for Everyone
Very few banks are going to be able to offer the variety that can be found in Citibank’s home loan selections. This makes it possible to meet the needs of most people. There are mortgages with fixed or variable rate interest, and almost any possible combination of the two. This includes split loan options and temporary fixed rate loans. Other options include redraw and the ability to make additional repayments.