10 Arm Mortgage

Adaptable Rate Mortgage (ARM) | Borrowing

With Citadel's ARM, you can begin with a lower rate of the first seven years. Your payments are then adjusted each following year. During the first 7 years, our variable rate mortgage has a lower capital and interest rate payout and then adapts every following year. Complimentary advance payments - We do not calculate fines if you wish to repay your mortgage prematurely.

Maintenance by Citadel - Citadel will always be your mortgage service provider. Our mortgage credit service is available to first-time purchasers with a minus of only 3%. You can also contact us for support with your deposit and acquisition fees through our support programmes at home and abroad. On-line & Mobile Banking - Pay and administer your credit accounts.

Am I best off with a fixed-rate mortgage or ARM? Loan advances are the best option if you are planning to live in the home for the next fifteen to thirty years and want the same capital and interest pay. They can pay at any moment without punishment in advance and reduce the duration of your mortgage.

Mortgage points - what are mortgage points? You can buy points to lower the interest on a mortgage over its term. The points are calculated on the basis of the percent of the amount collected. For example, with a mortgage of $100,000, 1 point equals 1% of $100,000 or $1,000. Any interest charges, APRs, points and other charges stated are correct at the time of publication and are changeable without prior notification.

The annual percentage rate of charge depends on your ultimate credit amount and the cost of financing. THE INTEREST RATE, ANNUAL PERCENTAGES (APR) AND DISPLAYED POINTS MAY DIFFER DEPENDING ON CREDITWORTHINESS AND ULTIMATE APPROVAL. Reported amount of payments per month contains capital and interest and does not contain amount for tax or premium.

If a trust fund is set up or necessary, your real month's payments will be higher. The APR depends on your ultimate credit amount and the cost of financing. Any interest rate, APR, points and other fees quoted are correct at the time of publication and are changeable without prior notification.

The annual percentage rate of charge depends on your ultimate credit amount and the cost of financing. THE INTEREST RATE, ANNUAL PERCENTAGES (APR) AND DISPLAYED POINTS MAY DIFFER DEPENDING ON CREDITWORTHINESS AND ULTIMATE APPROVAL. Reported amount of payments per month contains capital and interest and does not contain amount for tax or premium.

If a trust fund is set up or necessary, your real month's payments will be higher. The annual percentage rate of charge depends on your ultimate credit amount and the cost of financing.