Citibank 85 Lvr

Is Lenders Mortgage Insurance available up to 85% LVR in Citibank?

[Shaleen]

Citibank is the consumer division of financial services multinational Citigroup. Citibank was established in 1812. Its head quarter is located in New York City, United States.

Yeah, Lenders Mortgage Insurance is available up to 85% LVR (inclusive of Lender Mortgage Insurance premium).

Mortgage Plus - Professional Package-

Standard Variable Loan amount $150,000 - <$500,000 Loan amount ≥ $500,000
Interest Rate Comparison Rate Interest Rate Comparison Rate
LVR less than or equal to 80%
4.62% p.a. 4.97% p.a. 4.58% p.a. 4.93% p.a.
LVR between 80.01% - 90% (with LMI)^
4.74% p.a. 5.09% p.a. 4.69% p.a. 5.04% p.a.

Mortgage Power –
Line of credit Loan amount $150,000 - <$500,000 Loan amount ≥ $500,000
Interest Rate Comparison Rate Interest Rate Comparison Rate
LVR less than or equal to 80% 4.79% p.a. n/a 4.74% p.a. n/a
LVR between 80.01% - 90% (with LMI)^ 4.89% p.a. n/a 4.84% p.a. n/a

Standard Fixed Rates
with Mortgage Plus Interest Rate Comparison Rate4
6 Month Fixed Rate 4.39% p.a. 4.96% p.a.
1 Year Fixed Rate 4.29% p.a. 4.94% p.a.
2 Year Fixed Rate 4.29% p.a. 4.91% p.a.
3 Year Fixed Rate 4.29% p.a. 4.89% p.a.
4 Year Fixed Rate 4.59% p.a. 4.96% p.a.
5 Year Fixed Rate 4.69% p.a. 5.00% p.a.

Basic Variable

Promotional Rate Interest Rate Comparison Rate
LVR less than or equal to 90%, Loan amount>$150,000 (With LMI over 80%)* 4.53% p.a. 5.54% p.a.

Loan amount > $50,000 Interest Rate Comparison Rate
LVR less than or equal to 80% 4.77% p.a. 4.82% p.a.
LVR between 80.01%-90% (With LMI)^ 4.87% p.a. 4.92% p.a.

Standard Fixed Rates without Mortgage Plus

Loan amount > $50,000 Interest Rate Comparison Rate
6 Month Fixed Rate 4.59% p.a. 6.01% p.a.
1 Year Fixed Rate 4.49% p.a. 5.93% p.a.
2 Year Fixed Rate 4.49% p.a. 5.80% p.a.
3 Year Fixed Rate 4.49% p.a. 5.68% p.a.
4 Year Fixed Rate 4.79% p.a. 5.67% p.a.
5 Year Fixed Rate 4.89% p.a. 5.63% p.a.

Additional Interest Rate Loadings (loadings are cumulative and apply to fixed and variable rates)

Loans secured by Investment Property add 0.27% p.a.
LVR between 80.01%-85% (Without LMI)5 add 0.20% p.a. for P&I repayments
LVR between 80.01%-85% (Without LMI)5 add 0.40% p.a. for IO repayments or Mortgage Power Line of credit

Reference rates

Interest Rate Comparison Rate
Basic Variable 5.72% p.a. 5.77% p.a.
Standard Variable 5.94% p.a. 6.08% p.a.
Standard Variable Offset 5.94% p.a. 6.08% p.a.
Mortgage Power - Line of credit 6.31% p.a. n/a