Citibank No PMI

Hello sir, I’m a customer of Citibank. Here I came to get detail of PMI of Citibank on loan. Can any one provide me is Citibank has no PMI for customers?

[Shaleen]

The PMI of any banks is usually about one-half of one percent of the loan amount. If you bought a home for $200,000 and put 5 percent down ($10,000), the annual cost of PMI on your $190,000 mortgage would run approximately $950 a year, adding an extra $80 to your mortgage payment each month.

On time Closing Guarantee, if we don’t close on time, we will give $1500 credit to the buyer
3% conventional loan with NO PMI ( first time home buyer)

Citibank No PMI:
$1,500.00 credit offered through Citibank, with a possible $3,000.00(not very likely)

Detail of Mortgage Rates for Home Buying:

Fixed rate Fixed rate
Product Type: 30 Year Fixed 15 Year Fixed
Mortgage Term: 30 Years 15 Years
APR: 3.73% 3.32%
Interest Rate: 3.50% 3.13%
Points 1.5 -0.375

Process to get detail of PMI of Citibank:

Visit an official site of Citibank.



Go in the buying home.


Fill all required details.
And submit it.