California Banking Rates

15-Year Mortgage Rates Deal of the Day: Citizens Business Bank at 2.947% APR

Taking on a 15-year mortgage, for many homeowners, means feeling the relief of knowing a home will be paid off in a short time frame. But, of course, when searching for a short-term mortgage, it’s important to be able to choose from the lowest mortgage rates available. Citizens Business Bank hopes to to meet this goal by offering its very competitive 2.947% APR mortgage loan.

Mortgage Rates Terms and Conditions

Homeowners who want to take advantage of 15-year mortgage rates with Citizens Business Bank can benefit from its fixed-rate term, meaning that the rate will never fluctuate once acquired. The APR advertised is based on a loan amount of $350,000 for the purchase of an owner-occupied property, with 57 percent loan-to-value (LTV), closing costs of $1,300 plus points shown, 15 days of prepaid interest and a 60-day lock.

About Citizens Business Bank

Citizens Business Bank is dedicated to meeting each homeowner’s unique financing needs. Its team of professionals is ready to guide prospective borrowers through the home buying process, beginning with pre-approval all the way to finding the right home loan. The bank offers a number of loan products to meet each consumer’s ownership goals. And with top-notch customer service, homeowners are sure to feel supported every step of the way to closing.

Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.