Borrowing
Home Finance
Whether you're performing the calculations on how much house you can afford, fulfilling a lifelong dream to build that retirement hideaway in the country, or leveraging years of home equity to meet another goal, your advisor can work with you to create a strategic approach — one that positions your home as a solid foundation supporting your long-term financial plan.
Mortgages
With access to experts from Citi, your advisor can help you craft a strategic plan for financing your property. A strategy that considers the long-term implications of various down payment or collateral options, is consistent with your overall financial plan and makes sense given current market conditions.
- Fixed Rate Mortgages
- Adjustable Rate Mortgages
- Interest-Only Mortgages
- Preserved Asset Mortgage® — when appropriate, uses pledged securities in lieu of a cash down payment to finance up to 100% of a property's value. Commonly used to keep long-term investment plans in place while buying the home you want
- SureStart® — Citibank's pre-approval service, lets you shop for a new home with confidence, and gives you greater credibility with sellers who will know you're a serious buyer
Home Equity
Borrowing provides an alternative to using cash or liquidating assets to cover significant expenses — home improvement, education or business expenses, and even tax obligations. If you have sufficient equity in your home, you may be able to prudently borrow using a home equity loan or line of credit to finance those costs instead.
- Prime CreditLine SM — is a home equity loan or line of credit available through Citibank, a potentially tax-advantaged* way to borrow using the equity you've established in your home
- Flexible Equity Lending — allows you to combine the value of your real estate and your securities portfolio to generate a line of credit or a loan, in a single credit facility, to help fund more substantial projects
A Morgan Stanley Smith Barney Relationship does not have to be established or maintained to obtain the products or pricing offered as part of the Morgan Stanley Smith Barney Home Loan Program at Citibank. Home equity programs not available in AK. A default (stopping monthly payments) on a mortgage could result in the loss of pledged real estate, securities or both.
Our policy does not permit clients to use the proceeds of a home loan to invest in the securities or related markets. Your advisor may receive compensation in connection with this lending program. Affiliates of Morgan Stanley Smith Barney and/or Citibank may earn fees in connection with the funding, origination and sale of a loan.
All home loans and lines are made by Citibank, N.A. or CitiMortgage, Inc., equal housing lenders, and are subject to Citibank's and CitiMortgage's mortgage qualifications. CitiMortgage does business as Citicorp Mortgage in NM. Citigroup Global Markets Inc., Citibank, N.A., and CitiMortgage, Inc., are subsidiaries of Citigroup Inc.
For more information, please contact your Financial Advisor.