More information of Home Loans
CIT online bank allows you to contract a mortgage loan to buy a new or second hand home, whether it is your first residence, for your vacations or to invest, with a fixed or variable interest rate and a term of between 10 and 30 years to pay it back.
With this mortgage you will have flexibility to pay back the money, with the possibility of temporarily reducing the amount of the monthly installments if you are going through economic difficulties, being able to pay back the late installments little by little.
It also offers an unemployment forbearance program that allows you to temporarily reduce or defer your payments if you become unemployed until you can find a new job and get back on your feet.
It is an online mortgage that you can contract entirely through the Internet, without going to any branch. In addition, you have several savings accounts at the bank, with which you will get a $525 cash back when you take out your loan.
You will also enjoy discounts on the interest rate applied if you take out new time deposits with the bank.
With CIT Bank's mortgage loans you can get a low down payment if you are a customer with a good credit rating or have the support of the Federal Housing Administration (FHA) or Fannie Mae assistance programs.
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