Fixed Rate Mortgage

With a Fixed Rate Mortgage, your monthly principal and interest payment remain the same throughout the life of your loan.  Borrowers who want to build equity faster should select the shortest term they can afford.

• No prepayment penalty. 
• Terms Available: 10, 15, 20, or 30 years.

Adjustable Rate Mortage (ARM)

An ARM maintains an initial interest rate for 3 or 5 years and can be adjusted every year thereafter based on the applicable index and margin.

• Interest rate adjustments are limited to the annual and lifetime ceiling or “rate cap.”
• No prepayment penalty.
• Citizens ARMs are tied to the one-year U.S. Treasury Constant Maturity Index.

First Time Homebuyer Program

Purchasing or building your first home?  Our 1st Time Homebuyer Program is designed for borrowers who have had no ownership interest in a residential property during the three year period preceding the date of purchase.  If a joint application, only one of the borrowers must qualify for first time homebuyer status

• Owner-occupied, Single Family Residence or Condominium only.
• Fixed or Adjustable Rate Mortgage.
• Minimum down payment:  20%.
• No prepayment penalty.
• Rate discount with preauthorized payments from a Citizens checking or savings account.
• Discount on application fee and title fees may apply.

Home Equity Line of Credit or Term Loan

Use the equity in your home as collateral to consolidate debt, finance home improvements, or fund your child’s college education.  You can choose a Home Equity Line of Credit or a Home Equity term loan. 

• Maximum Loan-to-Value is 80%.
• Interest may be tax deductible (Please consult your tax advisor to determine eligibility.)
• With a Home Equity Line of Credit, you receive an Equity Access Card that is accepted anywhere you see the MasterCard® logo.  Get cash back on purchases, or use it at any ATM (card provided free).  Line of Credit checks are also provided to access available funds.
• Home Equity Term Loans are available at a fixed rate for up to 10 years.

Small Home Improvement Loan

Borrow up to $10,000 for 60 months at a low fixed rate to replace or repair your roof, air conditioning, plumbing, and/or electrical system. No application fee or prepayment penalty. Income limitations apply.

Vehicle Loans

If you're looking for a new or used car, truck, boat, RV or other vehicle, Citizens offers flexible terms with competitive fixed rates and a number of benefits.