Home Equity Loans From Citibank

Citibank offers a Home Equity Loan feature, in which the borrower uses the equity in their home as collateral. Home equity is the market value of a homeowner's unencumbered interest in their real property—that is, the difference between the home's fair market value and the outstanding balance of all liens on the property.

Citibank offers a low, fixed interest rate, so your monthly payments stay the same even if market interest rates rise. And you can use it for almost anything.

Features of Home Equity Loan from Citibank

• Competitive rates

Fixed rate as low as 7.99% APR. In IL the APR can be as low as 7.74% APR and in NY the APR can be as low as 8.24% APR

• Flexible financing

• Loans range from $25,000 to $200,000
• You get a lump sum payout
• Repay your loan over 5, 10, 15, 20, or 30 years