Update: Citi is temporarily not accepting applications for home equity lines and loans.
Learn More
Temporary Home Equity Changes
Citi is temporarily not accepting applications for Home Equity Lines of Credit (HELOCs) and Fixed Rate Home Equity Loans. This includes requests for credit line increases. This temporary change is the result of current market conditions and gives us the opportunity to improve our home equity products and services. it does not affect our continued commitment to offering these products in the future.
If you want to lower your monthly payment or access your home's equity, our mortgage refinancing options may help you reach your goals.
If you applied for a HELOC or Fixed Rate Home Equity Loan before March 3, 2021, we will continue to review your application. To check your application status, you may call us at 1-866-252-0118 (TTY: TTY 1-800-788-0002 ).
Today's Home Equity Rates
False
Home Equity Line of Credit
Just a moment please.
Our rates are temporarily unavailable online. Please try again later or call 1-877-362-9100 (TTY: TTY 1-800-788-0002 ).
Fixed Rate Home Equity Loan
Just a moment please.
Our rates are temporarily unavailable online. Please try again later or call 1-877-362-9100 (TTY: TTY 1-800-788-0002 ).
Rate information
Rates displayed are based on a line amount of $100,000100,000 Dollars, a mortgage balance of $100,000100,000 Dollars and an estimated home value of $300,000300,000 Dollars in New York.
Additional assumptions: Customers must meet relationship balance requirements of at least $50,00050,000 Dollars, have a Citigold® Account Package or Citi Priority Account Package, enroll in Citibank Auto Deduct (an automatic monthly debit from a Citibank deposit account) for repayment have excellent credit and take an initial draw of at least $25,00025,000 Dollars at closing.
Citigold and Citi Priority are Citibank premier banking packages, which offer preferred benefits and services. The accounts require you to open and maintain a checking account in a Citigold Account Package or Citi Priority Account Package which charges a monthly service fee when its combined average monthly balance requirement is not met.
For more details, give us a call at:
1-877-362-9100 (TTY: TTY
1-800-788-0002
)
Mon-Sun: 9:00 AM to 11:00 PM ETMonday through Sunday Nine A M to Eleven P M Eastern Time
Rate information
Rates displayed are based on a line amount of $100,000100,000 Dollars, a mortgage balance of $100,000100,000 Dollars and an estimated home value of $300,000300,000 Dollars in New York.
Additional assumptions: Customers must meet relationship balance requirements of at least $50,000, have a Citigold® Account Package or Citi Priority Account Package, enroll in Citibank Auto Deduct (an automatic monthly debit from a Citibank deposit account) for repayment have excellent credit and take an initial draw of at least $25,00025,000 Dollars at closing. Customers applying for a Home Equity Line of Credit with an interest-only draw period must meet asset eligibility requirements.
Citigold and Citi Priority are Citibank premier banking packages, which offer preferred benefits and services. The accounts require you to open and maintain a checking account in a Citigold Account Package or Citi Priority Account Package which charges a monthly service fee when its combined average monthly balance requirement is not met.
For more details, give us a call at:
1-877-362-9100 (TTY: TTY
1-800-788-0002
)
Mon-Sun: 9:00 AM to 11:00 PM ETMonday through Sunday Nine A M to Eleven P M Eastern Time
Rate information
Rates displayed are based on a loan amount of $100,000100,000 Dollars, a mortgage balance of $100,000100,000 Dollars and an estimated home value of $300,000300,000 Dollars in New York.
Additional assumptions: Customers must have a Citigold® Account Package or Citi Priority Account Package, enroll in Citibank Auto Deduct (an automatic monthly debit from a Citibank deposit account) for repayment and have excellent credit.
Citigold and Citi Priority are Citibank premier banking packages, which offer preferred benefits and services. The accounts require you to open and maintain a checking account in a Citigold Account Package or Citi Priority Account Package which charges a monthly service fee when its combined average monthly balance requirement is not met.
For more details, give us a call at:
1-877-362-9100 (TTY: TTY
1-800-788-0002
)
Mon-Sun: 9:00 AM to 11:00 PM ETMonday through Sunday 9 A M to 11 P M Eastern Time
Compare your home equity options
-
What's a Home Equity Line of Credit (HELOC)?
A HELOC is a line of credit secured by your home, which lets you draw funds as needed. If you prefer flexible access to cash, a HELOC may be right for you.
-
What's a Fixed Rate Home Equity Loan?
A Fixed Rate Home Equity Loan lets you borrow an amount of money and repay it over a set period of time. This type of loan is a good option if you want predictable monthly payments.
Learn more about Fixed Rate Home Equity Loans
-
What can your home equity do for you?
We'll help you understand what you need to qualify for a home equity line or loan, how to evaluate your equity and different ways to take advantage of it.
Learn more about using home equity
Don't have equity in your home? Explore personal lines and loans
Contact us
Get personalized help Find your nearest Citi branch
Give us a call 1-877-362-9100 TTY: TTY 1-800-788-0002
Mon-Sun: Monday to Sunday 9:00 AM to 11:00 PM ET
Already applied? Check your application status
Important Disclosures
Terms, conditions and fees for accounts, programs, products and services are subject to change.
Home equity lines and loans are not offered for collateral properties located in Alaska. A home equity line or loan is available for single family residential properties (including co-ops in New York, Illinois, District of Columbia, New Jersey and Maryland). Home equity lines are also available for 2-4 family homes that are primary residences (excluding Texas). Home equity loans are also available for 2-family homes that are primary residences (excluding Texas). In Texas, home equity lines and loans are only available on collateral properties that are single family, primary residences. Home equity lines and loans are not available for mobile homes in any state. Certain limitations apply. Lines of credit and loans are subject to credit approval. All rates current as of ET. Rates are subject to change without notice.
For Home Equity Lines of Credit: Variable Annual Percentage Rate (APR)A P R can be as low as Prime plus % (currently % variable APRA P R) and as high as Prime plus % (currently % variable APRA P R). Additional rate discounts may apply. To qualify for the lowest rate, customers must meet relationship balance requirements (as of the closing date); have excellent credit; use Citibank Auto Deduct (an automated monthly debit from a Citibank deposit account) for repayment; meet certain loan-to-value and lien position requirements; take an initial draw of at least $25,000 at closing; and have a line amount of at least $100,000. Rates will vary depending on the state where the collateral property is located. The variable APRA P R is indexed to the Prime Rate as published in The Wall Street Journal. Maximum APRA P R is 18%. Annual fee: $50 during the draw period (not applicable if collateral property is located in Texas). No annual fee will be charged if at the time of the account opening, you are a Citigold or Citi Priority customer or an employee of Citigroup or its subsidiaries. Customers who elect to pay closing costs will receive an additional rate reduction (not applicable if the collateral property is located in Texas). Closing costs can range from approximately $680 to $32,000, except in New York where they can range from approximately $680 to $38,000. Closing costs may vary based upon the line amount, property location and title insurance required. An Early Closure Release Fee may be charged to recover all costs incurred for originating your loan and may apply if you close your account within 36 months (not applicable if collateral property is located in Texas). Property insurance and the fee to release an existing mortgage may be required. Applicable for loan sizes up to $1 million. No 3rd lien positions. Home Equity Lines of Credit are available to U.S. residents only.
Home Equity Lines of Credit with an interest-only draw period require the borrower(s) to have $200,000 or more in personal assets with Citi, or $1,000,000 or more in combined personal assets with Citi and other financial institutions. Personal assets include, but are not limited to: deposit, checking, savings, money market, investment, Certificates of Deposit, stocks and bonds, retirement, mutual fund, annuities and trust accounts.
For Home Equity Lines of Credit with an interest-only draw period: Your monthly minimum payments during the draw period can be as low as "interest-only". If you choose to pay only the amount of interest due, then at the end of the interest-only period you will still owe the original amount you borrowed and your monthly payments will increase because you must pay back the principal as well as interest. Your payment could increase even more if your variable rate increases. Please speak to a personal banker for more details.
For Fixed Rate Home Equity Loans: Your Annual Percentage Rate (APRA P R) may be as low as 6.59% APRA P R (as low as 6.84% APRA P R for New York properties) or as high as 8.54% APRA P R (as high as 8.79% APRA P R for New York properties). Additional rate discounts may apply. To qualify for the lowest rate, customers must meet loan amount, loan-to-value and term requirements, have excellent credit history, and use Citibank Auto Deduct (an automated monthly debit from a Citibank deposit account) for repayment. If you borrow $50,000 at 7.04% APRA P R for a 30-year term, assuming no down payment, you will make 360 payments of approximately $334.00. Repayments can be made over 5, 10, 15, 20, 25 or 30 years; however, the monthly payment amount may differ from the example used above based on the loan amount and repayment term selected. If you close your account within 36 months an Early Closure Release Fee may be charged to recover all costs incurred for originating your loan (does not apply to collateral properties in Texas). Property insurance and the fee to release an existing mortgage may be required. Fixed rate home equity loans are not available in 1st lien position.