Just how try CitiMortgage’s rates versus national mediocre?

• 0% – 5%

Minium Down-payment 0% Va financing step three.5% FHA step 3% Antique money, Sensible Loan Service home loan, Freddie Mac computer Home Possible home loan 5% Almost every other funds

• 0% – 5%

• 600

• 580 – 620

Simple tips to be considered

When you are trying be eligible for home financing, you’re sure accustomed just what mortgage brokers look for in an excellent potential mortgage holder. To help you be eligible for a mortgage which have Citi, you should promote details about oneself and possessions your are interested.

Just remember that , Citi’s financial underwriters check your app general. However for extremely funds, talking about some of the most points:

• A personal debt-to-income proportion, otherwise DTI, from less than 50%. When the your own is lower, even better. Citi even offers alot more versatile minimal credit history conditions having consumers that have an excellent DTI under 36%.
• Steady work or income source.
• Enough money in set-aside and for the down-payment.

You have no latest late money otherwise overdrafts, without unpaid range accounts. These could never be instantaneous deal breakers, but they are warning flags that can complicate the application. (more…)