[Bonanza]

Originally Posted by Seventy7

Why Citizens? We heard if you buy a new house they have a 30 day closing process and some costs are waved.
Are there any down-sides of Citizens besides a higher interest rate?
... Thanks :-)

Any reputable lender can close within 30 days. Nothing unusual about that so don't let that be a deciding factor.

Some of the costs are waived??? I would want to know what these costs are and how much they add up to. Sounds like just another ploy to get you to go with them.

Shop your loan and get a good faith estimate in writing, then compare. There are many "hidden" costs that will surprise you and are just another way for a bank to pad their profits, regardless of what kind of fancy name they give to the fee.

If Citizens actually is higher than anyone else, (a 1% difference really IS significant), that should be a deal breaker for anyone!