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TopTenREVIEWS - Silver Award - Awarded for excellence in design, usability and feature set

As you're searching for great a home equity loan service, there are many different things that you should look for. Research will be your best friend, as will information. It’s important to find companies that volunteers valuable information that will help you choose the best kind of home equity loan services for your unique situation. Upon visiting Citibank’s website, our Top Ten Reviews Silver Award winner,  you’ll notice that there is a great deal of information. Not only will you immediately locate information about what you’ll receive and how the process works, there is additional information if you need help deciding what to do. In addition to that, you’ll see throughout this review that Citibank Home Equity Loan offers numerous features, tools, and advice that will help you choose the perfect home equity loan for your financial situation.

Features
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10/10
LendingTree
Citibank
Wells Fargo
USBank
Bank of America
Key Bank
Chase
TD Bank
Third Federal
Nationwide Mortgage Loans
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9.8
9.5
10
9.5
9.5
9.8
9.3
8.8

When it comes to the features Citibank offers, they are at the very top of the list. You’ll have access to a home equity calculator that can help you estimate the amount you might be paying on your home equity loan, depending upon the amount and the term. The company offers a home equity line of credit, as well as a lump sum payout. This can be beneficial to you if you have a large pressing bill, such a hospital bill or college tuition. With the secure site, you can rest assured that your information is safe and even if it should happen to fall into hands that it shouldn’t, they will not be able to use it, as it is encrypted.

You can enroll in the program online and you’ll find a rate comparison table to help you understand the differences in Citibank’s rates and the rates of other popular home equity loan services. The number of features available through this company is simply outstanding. They most certainly take the competitive edge in the industry, and you can be sure that with this company, you’re receiving the best.

Available Mortgages
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9.8/10
LendingTree
Citibank
Wells Fargo
USBank
Bank of America
Key Bank
Chase
TD Bank
Third Federal
Nationwide Mortgage Loans
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9.8
9.8
9.8
9.5
9.3
9.8
9.8
9.5
9.8

There are four main types of mortgages available from Citibank. The first is an adjustable rate mortgage, meaning that the interest rate may change depending upon industry standards. When interest rates are very low, yours will reflect that and when they’re extremely high, yours will also reflect that. The second type of mortgage is a fixed rate mortgage. With this, you’ll have the peace of mind knowing that if the industry rages significantly increase, you’ll still have the same interest rate you started with. The third type is a hybrid mortgage, a blend of both the fixed rate mortgage and the variable rate mortgage. The fourth is the standard Jumob or non-comforming loan. Their competitive edge in this area is high.

Fees/Amounts
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10/10
LendingTree
Citibank
Wells Fargo
USBank
Bank of America
Key Bank
Chase
TD Bank
Third Federal
Nationwide Mortgage Loans
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10
10
10
9.8
9.8
8.8
9.3
9.8
9.3

With Citibank, you can be sure that your credit score will affect the fees and interest you’ll need to pay, but there are many benefits with this company. For instance, there are no closing fees as there are with other home equity loan services companies, like Wells Fargo. Term lengths of 5, 10, 15, 20, or 30 years are available with Citibank and individuals can borrow between $25,000 and $500,000 – depending upon credit score, finances and financial needs. Fixed rate loans are available and there is the possibility of a tax deduction with a home equity loan from Citibank.

Help and Support
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10/10
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Citibank
Wells Fargo
USBank
Bank of America
Key Bank
Chase
TD Bank
Third Federal
Nationwide Mortgage Loans
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9.3
9.3
10
9.5
9.5
9.5
9.3

Help and support is extremely important in a home equity loan service. When you have questions or concerns, you want to know that you’re going to get the answers quickly or be able to speak with someone who can explain things for you. Few other home equity loan services provide the top-notch customer service that Citibank provides. Not only can you browse the frequently asked questions on their website to get instant answers and information, but there is an online chat feature that allows you to instantly speak with a representative of the company and receive information. There is a blog as well, which provides valuable information to customers and those considering choosing the company for their home equity loan. For normal questions or concerns, you can utilize the phone numbers and email addresses provided on the website. There’s no question that the help and support provided by Citibank is excellent and that they take the competitive edge in this area.

Additional Loan Types
Compare
10/10
LendingTree
Citibank
Wells Fargo
USBank
Bank of America
Key Bank
Chase
TD Bank
Third Federal
Nationwide Mortgage Loans
10
10
9.5
10
9.5
9.3
10
8.8
8.8
9

Many individuals like working with the same financial institution for all of their loans, to make things easier and stick with a company they trust. Citibank makes this easy for you, offering a variety of other types of loans. Mortgage home loans are available, as well as FHA loans if you qualify. You can do reverse mortgages with this company, as well. If you should find yourself deep in debt, Citibank offers debt consolidation loans that can help free up your finances each month and give you one bill to pay rather than several. Personal loans and automobile loans are available as well, and the fees or interest rates for these will depend upon your personal credit history. Mortgage loan modification and student or college loans are also available through Citibank. The number of loans available makes Citibank a great company to choose for all of your financial needs.

Citibank Summary:
10/10

Citibank is a wonderful company, offering more features, help and support, and tools than most other home equity loan services. With top-notch customer service, you know your questions and concerns will be attended to. You also receive the ability to manage your accounts online, saving you lots of time and money. In addition, the types of additional loans offered ensure that you can easily make Citibank your ‘go to’ company for financial needs. They are of the highest quality of home equity loan services in the industry and provide tons of information that you can use to make decisions regarding your home equity loan and financial needs. It’s easy to see that Citibank is one of the best (if not the best) home equity loan service on the market today.

 

Citibank

Pros
Citibank offers numerous features and tools designed to make managing your home equity loan easier with top-notch customer service.

Cons
They don't offer loans under $25,000.

The Verdict
: 9.95/10

Citibank is a wonderful company to obtain a home equity loan through.