Lender Paid Assistance
If you meet all the eligibility requirements, our Lender Paid Assistance program can help lower your closing costs and make homeownership more affordable. Terms and conditions apply.
What does the program offer?
Closing costs assistance
Closing costs can be a major barrier to buying a home. If you meet certain eligibility requirements, you can receive up to $7,500 as a lender credit to help make closing your loan more affordable.
Works for any loan type
You can apply your lender credit to any type of loan. This includes loans that already come with fewer closing costs, such as Federal Housing Administration (FHA) loans.
How do I qualify?
Buy a home you’ll live in
You must be buying a home that will be used as your primary residence.
Within a Citi Assessment Area (an area where we have Citi branch locations and accept deposits)
If your income is less than 120% of the median family income for your area, OR if your new home is in a low- to moderate-income census tract. Census tracts are set geographic areas identified by the U.S. Census Bureau.
Outside a Citi Assessment Area
If your income is less than 120% of the median family income of your area AND if your new home is in a specified census tract in Arlington, VA, Atlanta, GA, Austin, TX, Cambridge, MA, Dallas, TX, Denver, CO, Frederick, MD, Houston, TX, Marietta, GA, Newark, NJ, New York, NY, Philadelphia, PA, San Jose, CA and Washington, D.C.
Complete a course
You must take a qualified home-buying class from a Citi-approved housing counseling agency. Our mortgage representatives can give you more details about a home buyer education course near you.