Take advantage of Mortgage Rate Protection1 when you refinance your existing mortgage or buy a new home in the New York Tri-State area. If our rates go down in the next three years, you may be eligible to lower your mortgage rate to a new rate at no charge.
Mortgage Rate Protection is available for a limited time only. Lock in today's rate with confidence! Call 1-877-812-88622 today and mention Offer Code 11308-9. We're available 24 hours a day, 7 days a week.
1 Calls are randomly monitored and recorded to ensure quality service.
For CitiMortgage first home loan applications during March 1, 2011 through May 30, 2011.
2 Program eligibility will be determined at the time you apply for a first mortgage loan with your Mortgage Consultant. Prior to closing, we will verify that you have a Citibank account. In addition, we will require you establish direct debit for mortgage payments from either a Citibank account or a non Citibank deposit account. Both conforming and jumbo loan amounts are allowed for this program. Offer applies to new home purchase and new refinance only; not applicable on applications taken prior to March 1 or after May 30th, 2011. Offer only available on property in the States of New York, New Jersey and
Certain conditions apply:
· The "Rate Protection Conversion Index," which is based on the Citibank par rate, must fall more than one quarter of one percentage point (0.25%) from the Rate Protection Conversion Index in effect as of the date the interest rate as provided in the Note was locked;
· Customer must notify the Note Holder to exercise the Rate Protection Option during the first 3 years; the option can only be exercised one time.
· Mortgage cannot be in default under the Note or the Security Instrument;
· Any documents the Note Holder requires to effect the new interest rate, including, but not limited to, a Loan Modification Agreement.
Ask your Mortgage Consultant for today's rates. First mortgage products are made available through CitiMortgage, Inc. Terms and conditions of programs, products and services are subject to change. ©2011 CitiMortgage, Inc. CitiMortgage, Inc. does business as Citicorp Mortgage in NM. CitiMortgage, Inc. is an equal housing lender. Citi, Arc Design, and Citi and Arc Design are registered service marks of Citigroup Inc.