Citizens' Mortgage Loan Options

Purchase Your Dream Home

We believe your dream home ought to come complete with a dream mortgage. So we work hard to ensure you get the best possible rate—along with the best possible service.

We’ve been helping local folks buy homes since back in 1931, so it’s safe to say we have plenty of practice doing things the right way.

We offer both adjustable and fixed rate mortgages. Better still, we have an entire lending team that can help you decide which option is right for you.

If you’re ready to buy a home (or if you want to refinance your existing home), be sure to scroll down and select a lender to get started. If you have any questions, please don't hesitate to contact us and we'll be happy to help.

Apply Now by selecting one of our Mortgage Experts

Conventional Mortgage

A  conventional mortgage loan is best suited for prospective homebuyers who have the ability to cover a down payment. If you qualify for this type of loan, you can take advantage of great options including low closing costs and competitive interest rates. Conventional loans are offered in both adjustable rate mortgage (ARM) and fixed rate options.

FHA Mortgage

Are you looking for a home loan with more flexible qualifying criteria? FHA loans are insured by the Federal Housing Administration and allows for lower down payments and has more flexible credit standards. This is a popular option for first-time homebuyers or those who may not qualify for a Conventional loan. If you’re buying your first home or concerned about meeting qualifying criteria, a Citizens Bank Mortgage Expert can help. 

Rural Development (RD) Loan

Eligible first-time homebuyers (defined as not owning a home for a prior period of three years) in rural or suburban areas may qualify for a Rural Development loan, which requires no down payment and offers competitive interest rates. This type of home loan is backed by the United States Department of Agriculture (USDA). Speak to a mortgage expert to find out if you are looking at a home in a qualifying area.

VA Mortgage

Citizens Bank wants to thank all military members and veterans for their service. If you have a valid certificate of eligibility from the US Department of Veteran Affairs, you may qualify for a VA home loan. This type of mortgage offers competitive interest rates, relaxed credit score requirements and often requires no down payment. You can learn more about VA loans at VA.gov.

Jumbo Mortgage

If you need to borrow an amount beyond the Conventional loan limits, you may qualify for a Jumbo loan to purchase your dream home. Jumbo loans are better suited for homes with a higher price tag and generally have more stringent credit requirements. Low down payment options are still accessible for this type of loan and adjustable-rate options are available with local service.

Construction Loan

Are you looking to build the home of your dreams? With a Construction loan, you can conveniently secure funding for the initial construction and the permanent financing at the same time with a single-closing loan. Or, you can handle each separately with a two-close loan process. While this type of loan requires a down payment, it can be via traditional funds or from an equity position you have in the land. Construction loans are available in both adjustable and fixed rate options and intended for single-family homes only.

Land and Lot Loans

Found the perfect spot to build your next home? Citizens bank can help you with the financing. To utilize a Land or Lot loan, the property you are looking to purchase must be vacant, excluding pole buildings/barns. One of our mortgage experts can even help you coordinate a Land or Lot loan with a Construction loan.

Manufactured Housing Loan

Citizens Bank also provides financing options for manufactured homes. For details on our available programs, terms, rates, and requirements please get in touch with a mortgage expert for complete details.

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