Mortgage Rates

MORTGAGE RATES EFFECTIVE AS OF March 23, 2017

Owner-Occupied Property

Fixed Interest Rate APR* Monthly Pmt Months
10 Year 3.75% 3.8372% $1000.61 120
15 Year 3.875% 3.9357% $733.44 180
20 Year 4.00% 4.0475% $605.98 240
30 Year 4.25% 4.2848% $491.94 360

Note: The rates assume a 20% down payment (Citizens does offer a 10% down payment, contact Loan Officer Teri Hensley at 859-431-0087 with questions) and an anticipated lock period and closing date of 30 days out. The APR calculation assumes a loan amount of $100,000 plus origination and 15 days of interest as applicable.

Note 2: Citizens offers Adjustable Mortgage Loans as well, contact 859-431-0087 and ask for Teri Hensley, Glenn Meyers or Alex Rechtin for a quote.

Note 3: Rates are subject to change without notice.

Investment Property

First Mortgage Loans

Fixed Interest Rate APR* Monthly Pmt Months
10 Year 5.50% 5.7275% $1085.26 120
15 Year 5.875% 6.0372% $837.12 180
20 Year 6.125% 6.2553% $723.66 240
25 Year 6.375% 6.4873% $667.42 300

Note: The rates assume a 25% down payment, single family property (Citizens does offer financing for multi unit properties, please contact Loan Officer Teri Hensley at 859-431-0087 with questions) and an anticipated lock period and closing date of 30 days out. The APR calculation assumes a loan amount of $100,000 plus origination and 15 days of interest as applicable.

Note 2: Citizens offers Adjustable Mortgage Loans as well, contact 859-431-0087 and ask for Teri Hensley, Glenn Meyers or Alex Rechtin for a quote.

Note 3: Rates are subject to change without notice.

Equity Plus Lines of Credit

 

Effective May 25, 2017

Owner Occupied: Single Family – 10 Year Terms

Up to 50% Loan to Value
$10,000 – $24,999 Prime Plus 1.5
$25,000 – $100,00 Prime Plus 0.5
Up to 50% – 1st Mortgage Position (no mortgages whatsoever)
$25,000 – $100,000 Prime Plus 0.0
Over 50% up to 80% Loan to Value
$10,000 – $24,999 Prime Plus 1.50
$25,000 – $100,000 Prime Plus 1.00
Over 80% up to 90% Loan to Value
$10,000 – $24,999 Prime Plus 2.5
$25,000 – $100,000 Prime Plus 2.0

Investment Property: Non-Owner Occupied – 5 Year Terms

Single Family Investment (or Owner occupied 2 Family)

Up to 50% Loan to Value
$10,000 – $24,999 Prime Plus 2.5
$25,000 – $100,000 Prime Plus 2.0
Over 50% up to 70% Loan to Value
$10,000 – $24,999 Prime Plus 3.0
$25,000 – $100,000 Prime Plus 2.5
 
     
                                    2-4 Family Investment – 70% max LTV    
 Up to 70% Loan to Value
$10,000 – $24,999  Prime Plus 3.5
$25,000 – $100,000  Prime Plus 3.0 
1 Family Rates – 70% max LTV Terms   
     
 * Rates are subject to change at anytime    

All Equity lines are 1st Mortgage Liens, unless Citizens Federal has the current mortgage in a 1st Lien priority

 

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