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| Fixed Rate Conventional |
| Jumbo Loans |
| Adjustable Rate Mortgage |
| Home Equity Line of Credit |
| Subprime |
| Home Construction Financing |
| Commercial Real Estate Financing |
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Fixed Rate Conventional
Conventional fixed rate home financing with as little as 3% down is available up to $417,000. The fixed rate loan’s major benefit is a level payment for its life. We recommend this program for buyers intending to stay in their property for five or more years.
Term: 30 years
Maximum Amount: $417,000
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Jumbo Loans
Jumbo loans can be either adjustable or fixed rate, and available in amounts over $417,000, up to $3,000,000, with as little as 0% down.
Term: 30 years
Maximum Amount: $6,000,000
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Adjustable Rate Mortgage
The interest rate on this loan is periodically adjusted, in accordance with a market index. The extent and number of these adjustments set forth at the outset of the loan. This loan is recommended for buyers who intend to stay in the property for less than 5 years and who are not on a fixed income.
Term: 30 years
Maximum Amount: $2,500,000
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Home Equity Line of Credit
The Home Equity Lines of Credit ("HELOC") provides homeowners with sufficient equity a source of ready cash to use as they see fit. It is an excellent vehicle to manage household debt. Contact us to determine your availble credit line limit.
Term: 25 years
Maximum Amount: $500,000
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Subprime
Often people find rough spots in the financial road or, they have difficulty verifying the source of their income. The subprime home loan is designed for those homeowners or homebuyers who cannot verify income or have experienced credit or income challenges. Used prudently, the subprime loan can often provide the boost one needs to get back onto smooth financial footing. The rate and term of these loans are surprisingly reasonalble and affordable.
Term: 30 years
Maximum Amount: $3,000,000
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Home Construction Financing
Citizens Home Funding, Inc. helps borrowers in need of construction financing. We finance single and multi-family residential projects, including small tracts.
Construction-To-Permanent Loans
One loan, one closing, and one set of fees! Getting approved for a construction loan often requires applying for two loans--one for construction financing and one for permanent financing. But, we offer a Construction-To-Permanent loan that combines both types of financing into one loan. This takes you from groundbreaking to completion in one easy process.
Maximum Amount: $10,000,000
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Commercial Real Estate Financing
Our Commercial Real Estate loan programs provide an alternative to traditional financing that is ideal for strong borrowers seeking commercial loans up to $1.5 million. We recognize that strong borrowers deserve favorable loan terms, so we have developed programs that concentrate on financial strength rather than property cash flow.
We offer up to 90% loan to value purchase and refinance loans on most commercial properties, including Multifamily, Mixed Use, Office, Retail, Warehouse, Light Industrial, Mobile Home Park, Self Storage, Bed & Breakfast, Industrial, Automotive, Funeral Home, Rooming House, Flagged and Unflagged Hospitality, Health Care, Day Care, RV Park, Restaurant or Special Purpose.
Term: 30 years
Maximum Amount: $1,500,000
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $9,725. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $6,000,000 with closing costs of $121,415. Your actual APR may be different depending upon these factors.
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