Locking into competitive interest rates for the entire length of your home loan --like 15-, 20- or 30-years -- can provide peace of mind when it comes to your mortgage. With all of our home loans, there are no pre-payment penalties, so if interest rates fall, you have the opportunity to refinance into a lower rate loan to save interest and speed up your payoff plan without paying a penalty! CitizensFirst offers competitive 15-, 20- and 30-year fixed rate loans that are approved here by our local staff of knowledgeable Underwriters. Government-supported, fixed rate WHEDA, Federal VA and FHA (Federal Housing Authority) loans are also available at CitizensFirst, providing features like lower down payment requirements to first-time homebuyers and other qualified candidates.
From our Home to Yours
Supporting homeowners is at the heart of what we do. So when you open the door to CitizensFirst home loans, you’ll find fast, local service with some of the best rates in the area. Whether you need a fixed or adjustable rate home loan, or are looking to leverage your home’s equity for a larger purchase or renovation project, we hope you’ll visit our house first!
Fixed Rate Home Loans
Interest Rates
Adjustable Rate Home Loans
Interest Rates
Unlike a fixed-rate mortgage, an adjustable-rate mortgage (ARM) features an interest rate that changes, or adjusts, periodically after a specified, fixed term (generally 3-, 5- or 7-years). ARMs generally permit borrowers to lower their initial monthly payments by offering a rate lower than fixed rate mortgages during the specified, fixed period. For those who plan to move or refinance their mortgage within the next 10 years, substantial interest savings could be realized by taking advantage of the lower initial interest rates offered on ARM programs. Like our other home loans, there is no penalty should you choose to pay off your ARM early. However, it is important to note that the interest rate and payments may go up or down after the short specified fixed term expires. Want to see if an ARM is right for you? Talk with one of our mortgage specialists today.
Home Equity Loans
Interest Rates
We can help you use your home's equity to borrow the money you need at attractive rates and with flexible terms (home equity is the difference between your home's value and the amount of mortgage money you have already borrowed). If you have a specific need, you can use a Home Equity Loan to borrow a fixed amount of money and pay it back with scheduled payments for a set length of time. Build a deck, pay for college expenses or even buy a car! And best of all, you may be able to deduct the interest you pay from your income taxes at the end of the year!*
*Check with your tax advisor.
Home Equity Line of Credit
Interest Rates
Use your home’s equity to qualify for a Home Equity Line of Credit and you can have flexible spending power anytime you need it! When you apply for a Home Equity Line of Credit, you’ll be approved for a total dollar amount based on the equity in your home. Then, when you need extra cash, you can write checks from the line of credit or transfer funds from your Line of Credit (up to your credit limit) right into your checking account – no questions asked! Get flexible spending power today- apply for instant approval online!
- Offer valid for new Home Equity Lines of Credit of $10,000 or more.
- Owner occupied homes in WI.
- Rates current as of February 22, 2012.
