CitiMortgage (a good SmartAsset adverts lover), headquartered from inside the St. Louis, try mainly based in the 1979. While the company has typically got its start lenders in addition to maintained her or him, inside 2017, it revealed it could don’t service home loans. As an alternative, CitiMortgage will originate finance following sell the existing home loan to another providers to have servicing. This is a common practice certainly mortgage lenders.
CitiMortgage belongs to Citigroup, one of many very-titled big five banking institutions about You.S., alongside JPMorgan Chase, Financial regarding The united states and you will Wells Fargo. Citigroup’s background stems back again to 1812 when Town Financial of the latest York, the latest predecessor of Citibank, are mainly based. Citigroup provides financial, insurance policies, resource administration, credit cards, consumer, financing and you will business banking, monetary qualities, forex trading exchange, personal financial and you may guarantee, money management and you will mortgage loans.
Really does CitiMortgage Work in My personal Area?
CitiMortgage even offers an abundance of financial solutions, as well as repaired-rate otherwise changeable-rates mortgages and you will government-supported money including FHA and you will Virtual assistant loans. (altro…)