Citibank Mortgage Company

The Citibank Mortgage Company is one of the premier financial institutions not only in Australia and New Zealand but all throughout the world. A member of the Paper Clearing System, the Citibank Mortgage Company is dedicated to providing only the best mortgage and financial services to its valued customers. The secret to the success of Citibank Mortgage Company is the perfect combination of local banking expertise and worldwide consumer banking network strength. The head office of Citibank Mortgage Company is located in Sydney, New South Wales. The Citibank Mortgage Company of Australia has several branches in Brisbane, Melbourne, Perth, and Sydney.

Citibank Mortgage Company History

The Citibank Mortgage Company is a subsidiary of one of the largest financial organisations in the world, Citigroup. Like all Citigroup subsidiaries, the history of the Citibank Mortgage Company starts with the foundation of the City Bank of New York in 1812. The company formed a merger with First National Bank and went through a series of name changes until it finally settled with Citibank in 1976. Citibank became a subsidiary of Citicorp.

In 1985, Citibank Mortgage Company became the first foreign bank to be granted with a licence to carry on with its business operations. As of today, the Citibank Mortgage Company is considered as among the largest international banks in Australia. The financial services offered by Citibank Mortgage Company include foreign currency deposits, investments, deposit accounts, insurance, credit cards, and mortgages.

Citibank Mortgage Company Home Loans

The six different types of residential mortgages offered by Citibank Mortgage Company are Basic Mortgage, Standard Mortgage, Mortgage Power, Mortgage Plus, Self-Certified Mortgage, and Standard Offset Mortgage. These loans from Citibank Mortgage Company have varied features to offer.

  • Basic Mortgage - for people who wish to make extra repayments without penalties
  • Standard Mortgage - for people who like to choose between a fixed rate, a variable rate, or a combination of the two
  • Mortgage Power - for people who need an instant access to their equity, either via a phone line or the Internet
  • Mortgage Plus - for people who want to consolidate their mortgage and credit cards
  • Self-Certified Mortgage - for people who are self-employed
  • Standard Offset Mortgage - for people who want to use their savings to reduce the interest