Citizens bank have made it easier for borrowers to pay off their loan using their online platform. With Citizens online bank services, you can manage your loan activities such as retrieving information, updating certain details on your loan. They also provide you with information on selecting from different payment methods.
Citizens bank provide services such as banking and credit cards, home loans, student loans and refinancing, Investing and Retirement and Auto loans.
Citizens bank provide mortgage loan to borrowers who want to own their own homes. They can also support you with a loan to buy your own dream house as well. Their rates are low and have flexible terms.
With home loans from Citizen, you get to have a fixed APR of 3.021% for 30 years and 2.600% for 15 years. Restrictions may apply based on the state the property is located and loan amount.
Types of Mortgage loans offered by Citizens
There are two forms of mortgage loans; Fixed Rate Mortgage and Adjustable-Rate Mortgage. Fixed-Rate Mortgage deals with fixed interest rates of loans. It’s doesn’t change over time. Whiles Adjustable-Rate Mortgage deals with interest rates that changes. It changes over time.
Benefits of signing up with Citizens online banking
Citizens online bank is easy and convenient to use. Aside its accessibility, borrowers tends to gain certain benefits which include;
- Request for eStatement on your loan and online banking activities.
- You get to track the balance on your loan.
- Accessing Autopay payment method
- Making monthly payment from your checking account
How to apply for home loan from Citizens
Borrowers are supposed to complete an online application with their personal details and upload certain required documents.
Clients who qualify will be contact as soon as possible to process the purchase of their home.
1. Save for downpayment. Borrowers must make a 20% downpayment on the purchase price of the house.
2. Choose your best payment method.
3. Apply and pre-qualify for your to determine how much you can borrow.
4. With your pre-qualify loan amount, determine the best home for you.
5. Make a request to purchase.
6. Get your dream house, check documents and finalize everything.
Factors used by Citizens to qualify borrowers for loan
These factors play an important role in determining who qualifies to a home loan, how much you can borrow, and at what interest rate:
- Debt-to-income ratio
- Credit history and credit score
- Employment history
- Savings Down payment
Citizens bank pay my loan payment options
Automatic Loan Payment
Deductions are done automatically on monthly basis from you bank account.
ePay Electronic Payment:
Paying with this form of payment method, you will need your loan number, bank account number and routing number when you login into your account.
This form of payment is through Citizens Mobile app for making payment, scheduling recurring payments and others.
You can call Citizens customer service on 1-800-234-6002 to help you make a payment on your loan.
Send your check to Citizens with the address below and all your monthly statement coupon. Mail to this address;
P.O. Box 2800
Glen Allen, VA 23058-2800
Pay my loan – Citizens bank is credible and reliable.