We went with Citizens First just for the sake of convenience. We found the rate very agreeable, their professionalism and efficiency were impressive- and if I had it to do over again, I'd still go with them. We signed papers and closed in less than a month from start to finish. Incredibly fast, much to my delight!

Exactly our experience:D

We have a closing date of 31 Oct and are looking for a 15 year fixed and wanted to lock in now with the current gov't situation. Citizens offered 4.0% with a 1 point fee for locking in early (outside of 60 days). We went with USAA because they offered 3.5% and only charged 3/8 point for a 90 day lock. I have heard that Citizens makes it very easy but the difference here will make it worthwhile! Check around and get the best deal you can.

It's now been 2 days since I tried to post to this thread and the original post still hasn't showed up. I don't mind an admin looking over my shoulder on my early posts to the forum but either run the post or tell me why you didn't. If there was a glitch in my posting and you can't find it, let me know that. 2 day hold on the post - that's longer than my bank holds out of state deposits.

If anyone is ever having an issue with the site feel free to contact us so we can assist you. This is the first we have had this issue reported. You should now see your post and we are working on this issue for future users.

Thanks.

Chuck

I had a chat with a Citizens First loan officer who said that the financing would be higher if I intend to rent the property. Is this true? I can't believe they would charge extra if one wanted to rent out for only a few months. She also said that if I got the mortage at the lower rate then decided to rent, that would be a reason to call in the note. Can someone please explain this further?

Investment property always have a higher interest rate as the chance of the owner walking away is greater than if is the home you live in. Most people will do everything they can to save their home, so the first thing to go is investments.

We closed on our home in Sept. 2011. We used Citizen's First Mortgage. We found them to be about 1/4 of a point more than Wells Fargo. However, they knew EXACTLY what we needed. They were able to give us accurate info immediately on Florida taxes, what our payment would be, etc. etc. Wells Fargo, was very vague on this info. We felt very comfortable and secure with Citizens. Due to a problem with the buyer of our home in New York, we even had to cancel our closing date here....even after all the paperwork had been done. Citizens was patient, re-did our paperwork, and didn't charge us to do so. They even told us to bring our dog to the closing, and gave him treats. Hope this is helpful. Trish

We closed 2 wks ago. We went with Citizen's because it is difficult to get other banks to complete all needed paperwork in 30 days. We too were told if we rented our home, we would pay a higher interest rate. One issue I had with Citizen was they wanted me to produce my divorce papers from 1983 because when they ran my credit history they saw I had a different name back then. They said I had to prove I had no outstanding financial obligations from this divorce. What was most interesting is they never asked my husband if he was divorced or to produce any of his divorce papers....It smacked of sexism to me but I didn't want to cause a ruckus and have it delay our closing. I do intend to go back and ask them to explain why a woman has to produce divorce paperwork but men don't

Citizens First Mortgage
 

I am not happy with this mortgage company. I have had communication problems with the assigned loan officer, Chad Oliver. I close on my home in January. I have been trying to get information from Mr. Oliver, who is apparently to busy to respond. I e-mailed him as a follow up, to get additional information. I did not hear from him. After 5 days of no response, I called. He was in a meeting, and I was directed to another person. That person answered my question, but could not answer a follow up question. I then voiced my displeasure about not getting a response from Mr. Oliver. Later that day, I did receive an e-mail from Mr. Oliver apologizing for not getting back to me sooner. I then replied to that e-mail with the question that could not be answered earlier in the day. After 9 days of NO response, I again called the bank and asked to speak with the manager of the mortgage loan department. The secretary informed me that the manager was, you guessed it, in a meeting. She took my name and number and assured me that I would receive a call back. Well that was 4 days ago, and I still haven't received a call. Oh, it's also now been 14 days, and I haven't received an e-mail rsponse from Mr. Oliver either. The sales people at The Villages are quick to steer you to Citizen's First, but nobody there seems to care about their customers (potential). I have since looked at other lenders. Most have been $1000 under the closing costs of Citizen's First. I wonder if that is the kick back amount, for the referral, that The Villages receives. Just a thought.