In-House Mortgages
First Citizens is the #1 Mortgage Lender in the Northern Tier. Our experienced advisors turn complicated situations into simple solutions with our in-house mortgages.
A First Citizens' In-House Mortgage allows you to borrow up to 95% of the value of the home. It is held by and fully serviced by First Citizens National Bank.
- Summary
- Great rates
- Flexible terms including bi-weekly payment options*
- Experienced advisors to assist you
- Fixed Rate Mortgages - 15, 20 and 25 years
- Adjustable Rate Mortgages - 1, 3, and 5 years
- Credit Ratings can vary and interest rates are priced accordingly
*Ask us about our bi-weekly payment options, which can save you thousands in interest!
- More Info
Maximum Loan Amount:
- $325,000
Minimum Down Payment:
- 5% minimum with Private Mortgage Insurance Required
- 20% without Private Mortgage Insurance
- Customized Solutions Available
- Acceptable Sources for Down Payments:
- 5% with PMI must be the borrower's own funds
- 20% without PMI - can be a variety of sources such as gift from family member, CD or other property held as collateral, etc.
Acceptable Sources for Closing Costs:
- Borrower's Own Funds
- Gifts or Grants from non-profit organizations
- Customized Solutions Available
Payment Options:
- Automatic Transfer from another First Citizens deposit account
- Bi-Weekly Payment Program Available
- Coupon Book
Occupancy:
- Owner Occupied or Rental Property with appropriate Rate Adjustment
