Lp009

LIC042016

Citibank can simplify the home loan process. Citibank offers: n Financing for single-family homes, co-ops, condos and investment properties n Jumbo loan sizes up to $3 million • Loan sizes up to $8 million available to well-qualified buyers who meet 1. Available for clients with a minimum of $1million or more in investable post-close assets and at least $100,000 in traditional assets must be on deposit with Citi at least 10 days prior to closing. This amount may be part of the $1,000,000 eligibility requirement. Real estate, loan proceeds, stock options, restricted stock and personal property will not be counted as part of the $1million or more in investable post-close asset. Investable assets are defined as deposit accounts (checking, savings, money market, Certificates of Deposit), unrestricted stocks, bonds, and retirement accounts held by the individual who is personally liable on the loan. Similar asset types held in revocable trust may be used provided the trust document meets the Trust Policy. The assets held in trust must be of the investable quality stated above. Additional conditions apply. 2. A Citibank deposit account is required to receive Citibank mortgage relationship pricing. Ask a mortgage representative for details on eligible balances and the qualifying closing cost credit or rate discount. Availability of the Citibank mortgage relationship pricing for Citibank account holders is subject to change without notice. © 2016 Citibank, N.A. NMLS #412915. Member FDIC and Equal Housing Lender. Citi, Citibank, and Citi with Arc Design are registered service marks of Citigroup Inc. www.qns.com i LIC COURIER i APRIL 2016 9 Citi’s High Net Worth1 requirements n Mortgage discounts with Relationship Pricing2 Matthew Adessa Home Lending Officer 718-809-0353 [email protected] NMLS# 150138


LIC042016
To see the actual publication please follow the link above