At Citizens Federal buying a home should be a pleasant experience. Whether you are looking to buy your first home, move up to something bigger, build your dream home, or refinance, you can trust us for the finest in personal service, expertise, fast approvals and closings. We look forward to becoming your lender of choice, now and for future financing.

Our experienced loan officers are always happy to explain all the loan options available. The same person will take the loan application, keep you informed during the process and close the loan. Best of all, the same loan officer will be here to answer any questions you may have long after you have moved into your home.

Citizens Federal provides mortgage loans for purchase or refinance of your primary residence, vacation homes, condominiums, construction loans, land, investment properties, and commercial properties.

What We Offer

Adjustable-Rate Mortgages (ARM) 

An ARM has a fixed rate for the initial term of the loan (generally 1, 3, 5 or 7) and then the rate can adjust on annual basis. We'll let you know how much and how often the rate can be adjusted over the life of the loan as well as the rate caps for the loan. Rate caps help protect you from large rate and payment increases.  Caps are 2/6.

Fixed-Rate Mortgages 

Fixed Rate Mortgages allow you to make a fixed monthly payment over the life of your loan making it easier to budget. We offer a variety of fixed rate mortgages up to 30 years.

Construction Loans

If you plan to build your dream home, a Citizens Federal construction/permanent loan may be what you need. The first 12 months the payment is interest only on funds disbursed, then you start your regular monthly payment.

Call one of our loan experts today 937-593-0015 for complete details on our construction loans before you make your construction plans.

Home Equity

If you are a homeowner, a home equity loan is a smart way to borrow. You save money because interest rates are generally much lower than on credit cards and other consumer loans. Increasing your savings even more, interest paid on a home equity loan is generally tax deductible (CHECK WITH YOUR TAX ADVISOR).

Citizens Federal offers home equity loans up to 80%, of your home's appraised value. Interest rates and terms vary. All our equity loans enable you to use your home to finance home improvement, debt consolidation, college tuition or even a dream vacation.

Citizens Federal's Home Equity Line of Credit is a revolving line of credit that allows you to draw funds as you need them. The funds again become available for you to borrow as you pay down your outstanding balance. Once the account is opened, you can use it just like your checking account. You will receive a checkbook which makes access to your credit line convenient to pay off credit card bills or make purchases.
Each month, you will receive a statement showing the advances and payments you have made, the credit line still available, the interest charges incurred and the required monthly payment.

Check out this helpful site to learn about the home buying process.  https://readynest.com

See the latest interest rates and APR's or here or learn more about what is needed to apply for a loan by visiting our Application Process page.