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Home Loans Made Easy

It's true that mortgages are a complex business – but when you choose Citizens Bank for your home loan, you've got local experts walking you through the process, start to finish. Leave the heavy lifting to us now, because you'll need to move all those boxes later.

Fast & Free Pre-Approvals
More complete than a pre-qualification, a pre-approval from Citizens Bank tells you how much home you can comfortably afford – and one from a reputable bank can also add credibility to your offer to purchase.

In-House Loan Servicing
Have a question about an escrow payment? Need help after an insurance loss? We’re here for you. We service some of our loans in-house, meaning you call us directly – not a toll-free number – for help and answers.

Quick, Local Decision Making
Rather than shipping your application off to some faraway land, we review your application internally, and in most cases, we can approve your mortgage in just a few days.

Personalized Service + Online Convenience
Apply with the help of an experienced, dedicated loan officer – or on your own, at your convenience, using our online mortgage application. We’re always here to help you throughout the process – how much or how little you need us is up to you.

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Rates effective as of September 29, 2023

Adjustable Rate Mortgage (ARM) Loans

Term
 Number of Monthly Payments Servicing
Initial
Interest Rate
Initial
APR*
 Initial Rate Period
First Adjusted Rate
(thereafter variable)
7/1 Year ARM 360 Citizens Bank 7.000% 7.731% 7 Years 8.250%

Fixed Rate Mortgage Loans

Term
Number of Monthly  Payments
Servicing
Interest
Rate
 APR* Points
Monthly Payment
per $1,000
15 Year
 180 Released
6.875%
 6.926% 0.000%
$8.92
15 Year
 180 Citizens Bank
7.250%
 7.300% 0.000%
$9.13
20 Year
 240 Released 7.125% 7.167% 0.000% $7.83
20 Year
 240 Citizens Bank 7.375% 7.415% 0.000% $7.98
30 Year
 360 Released 7.250% 7.282% 0.000% $6.82
30 Year
 360 Citizens Bank 7.375%
7.406%
 0.000% $6.91

WHEDA Mortgage

Term
 Number of Monthly Payments Servicing Interest Rate APR* Points
Monthly Payment
per $1,000
30 Year 360 WHEDA 7.875% 7.952% 0.000%
$7.25
ARM Assumptions: Annual Percentage Rate (APR) & payment examples based on $300,000 sales price/value, $150,000 loan, $150,000 down payment, $644.50 in finance charges, a credit score of 700 or higher & a 30 year amortization. APR will vary based on loan amount & finance charge. After the initial discounted fixed rate period of 7 years, your rate can increase or decrease annually based on the fully indexed rate. The fully indexed rate is the weekly average yield on US Treasury Securities adjusted to a constant maturity of 1 year, currently 5.46% as of 09/26/23, plus a margin of 2.75%. First rate adjustment & each subsequent rate adjustment not to exceed 2.00% with a lifetime cap of 6.00%. Your rate will never drop below 2.75%.
 
ARM Payment Examples: In years 1-7, principal & interest payments of $997.95/month (based on initial interest rate); in year 8, principal & interest payments of $1,107.03/month (based on current fully indexed rate); in years 9-30, principal & interest payments of $1,107.03/month (based on current fully indexed rate). ARM loans are variable rate loans; interest & payments may increase after consummation. 10% down payment required.

Fixed Rate/WHEDA Assumptions: Annual Percentage Rate (APR) based on $281,250 sales price/value, $225,000 loan, $56,250 down payment & the following finance charges: $719.95 on servicing released loans, $692.00 on Citizens Bank serviced loans & $1,694.95 on WHEDA loans. APR will vary based on actual loan amount & finance charges. Monthly payment shown is an example based on principal & interest only.
 
Terms Specific to WHEDA Program: 3% down payment required. Down payment may be financed separately. Tax and insurance escrow is required. Homebuyer education is required. Income limits apply, based on county where property is located.
 
Terms & Conditions: Taxes & insurance not included; your actual monthly payment may be higher due to tax & insurance escrow. Valid for 1-4 family owner occupied properties in Wisconsin only. Rates & terms for all loan products are subject to change at any time, without notice. Other terms, conditions, restrictions & fees may apply. Subject to credit approval.
 
NMLS #746419