- 0% – 5%
Minium Downpayment 0% Virtual assistant loans step three.5% FHA 3% Antique loans, Reasonable Financing Service home loan, Freddie Mac House You can easily home loan 5% Almost every other loans
- 0% – 5%
- 600
- 580 – 620
How to qualify
When you’re looking to be eligible for a mortgage, you’re sure regularly what lenders look out for in a beneficial possible mortgage holder. In order to qualify for home financing which have Citi, you need to promote facts about yourself and assets you want to buy.
Remember that Citi’s financial underwriters look at your application as a whole. However for most money, talking about a few of the most points:
- A financial obligation-to-money ratio, or DTI, of less than 50%. In the event the your is gloomier, in addition to this. Citi has the benefit of significantly more versatile minimal credit history conditions getting individuals having a great DTI not as much as thirty-six%.
- Steady a career or income source.
- Sufficient profit set aside and also for the downpayment.
You will have zero previous late costs otherwise overdrafts, with no outstanding range levels. Continue reading “Exactly how try CitiMortgage’s cost than the national average?”
